Chinese property tycoon cries foul

BEIJING. — A Chinese property tycoon blamed a government “land famine” for high property prices — which the authorities have long sought to rein in — after he paid 1 billion yuan (US$160 million) for a

Oil prices fall in Asia

SINGAPORE. — Oil prices were down in Asian trade yestertday as the initial euphoria over the fiscal cliff deal in the United States faded, analysts said. Caution returned to markets, with traders realising tough

US fiscal cliff deal boosts global markets

WASHINGTON. — World markets soared yesterday after a tense New Year break, relieved after US lawmakers agreed a last-minute deal to avert massive tax hikes and pull their nation back from the

Starbucks to open first store in Vietnam

HANOI. — Starbucks yesterday said it would open its first store next month in Vietnam, seeking a foothold in the coffee-loving country as part of efforts to expand in Asia. The country’s first Starbucks

Google chairman to visit S. Korea

SEOUL. — South Korea’s foreign ministry confirmed yesterday that Google chairman Eric Schmidt was planning a visit to North Korea, but was unable to comment on the reason for the trip. “We are aware

DeMbare, Hwange row

Petros Kausiyo Deputy Sports Editor
DYNAMOS’ bid to bolster their attack with the acquisition of Hwange striker Francisco Zekumbawire appears to have to have hit a snag following claims that the coalminers have put a US$130 000 price

‘Elections should be held without fail’

Hebert Zharare Political Editor
The country should hold the harmonised elections this year without fail to protect and ensure the economic gains attained so far are consolidated and put Zimbabwe back on recovery path, political

Security industry sets up NEC

Labour Reporter
The security industry has registered its long- awaited National Employment Council, automatically breaking away from the NEC commercial sectors where it was registered as a sub-sector. Zimbabwe

Kombi crew up for US$2 bribe

Crime Reporter
A Harare commuter omnibus crew has been arrested on allegations of attempting to bribe a senior police officer with US$2 at a roadblock along Chiremba Road. The crew, Noah Nyamukubva and Nomiya

Great we’re in 2013, but . . .

Rosenthal Mutakati Reflections

I almost ran over a column of shirtless young men and women, some with children strapped on their backs, who were dancing and singing in the middle of the road before midnight in Harare on

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