admin2013 crop hectarage down: Made
TOTAL hectarage planted for major food crops has declined to 1,4 million hectares this year from 1,9 million hectares planted in 2012, a Cabinet minister has said. Addressing the Joint Command and StaffDiversify export base, AfDB urges Zim
ZIMBABWE should focus on diversifying its export basket for it to lower the widening trade deficit, the African Development Bank has said. The country presently imports about US$7 billion worth of goods,Eurozone posts trade surplus
BRUSSELS. – The 17-nation eurozone posted a 2012 trade surplus of 81,8 billion euros (US$108 billion), more than reversing a deficit of 15,7 billion euros in 2011, official data showed last Friday. ForStick to deficit target, France urged
BERLIN. — A top member of the European Central Bank last Friday called on France to stick to its deficit-reduction targets after Paris indicated it might miss its goal due to worse-than-expected growthGrowing unemployment worries SA
CAPE TOWN. – South Africa is Africa’s largest economy, but the problem of growing unemployment is a huge cause for concern for the African National Congress-led government. The Southern AfricanGold falls to six-month low
LONDON. — Gold fell to a six-month low last Friday, breaking through technical support near US$1 630/oz, as the euro weakened against the dollar ahead of a Group of 20 meeting, which should give
IPEC seeks to raise investment limits
Business ReporterTHE Insurance and Pensions Commission has proposed upper limit investments for life companies and pension funds as it seeks to enhance their viability. IPEC has proposed a 70 percent investment limit of
Mandatory blending welcome, but . . .
Fanuel Kangondo Business EditorAFTER the gazetting of regulations for mandatory blending of fuel last week, there appears to be no clear roadmap on how the policy will be implemented, with oil industry executives saying they were
Zesa owed US$730m
Martin Kadzere Senior Business Reporter
THE amount owed to Zesa Holdings by customers has ballooned to US$730 million since dollarisation of the economy in 2009, Zesa chief executive Mr Josh Chifamba has said. Huge corporates are the biggest