Stop political background checks, US told

Beijing. — China wants the US to end its “political background check” of Chinese companies seeking to do business in America, the nation’s vice premier said as economic talks between the two nations

Energy indaba gets German nod

JOHANNESBURG. — The Southern African-German Chamber of Commerce and Industry has endorsed next year’s Africa Energy Indaba scheduled for South Africa. Carryn Todd, HOD of Southern African-

African nations to sell US$3,7bn bonds

Abuja. — Three oil-producing African nations are preparing to sell as much as US$3,75 billion in international bonds in 2013, the most from the continent ever, after yields sank below Italy and

Ramaphosa’s wealth hits R3,1bn

Johannesburg — Now that Cyril Ramaphosa is both the second-most powerful politician and second-wealthiest black man in South Africa it can be expected that soon he will face a situation where these two

Interfin curatorship extended

THE Reserve Bank of Zimbabwe yesterday extended the curatorship period for Interfin Bank to June next year as efforts to resuscitate the failed financial institution continue. Interfin is one of the banks

New Dawn reserves up 123pc

Faith Mabika Business Reporter
ONE of the country’s leading gold producers, New Dawn, has recorded an increase of 123 percent in mineral reserves that is set to result in an increase in gold production of 272 600 ounces.

Brainworks stock on the rise

Martin Kadzere Senior Business Reporter
BRAINWORKS Capital Management, a private equity investment and advisory firm in Zimbabwe, is becoming one of the leading advisory firms in the country, having successfully structured and advised

Few cars for ordinary people at car shows

Fact Jeke Behind the Wheel

As always, the annual car shows around the world serve as the stage for premieres of exotic sports cars, sumptuous luxury cars and other-worldly concepts. A few vehicles unveiled, however, are worth

Nissan is exclusive Afcon partner

PRETORIA. — Nissan has signed an exclusive sponsorship agreement for the Orange Africa Cup of Nations to be hosted in South Africa in 2013, and in Morocco in 2015. With this sponsorship, Nissan will

Peugeot, GM seal deal

PARIS. — French car group Peugeot Citroen and General Motors laid out a strategy yesterday to broaden their joint venture in Europe into a global alliance, but have abandoned the idea of joint

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