adminEconomic growth to slow down
Martin Kadzere Senior Business Reporter ZIMBABWE’S economy may grow by 4 percent this year, lower than the Government’s forecast. But the forthcoming national elections could lay the ground for a robust growth after the elections, a local
Africa urged to accelerate industrialisation
Business ReporterAFRICA should accelerate industrialisation to achieve economic development, Secretary for Economic Development and Investment Promotion Dr Desire Sibanda has said. Speaking at the official launch
BAT shares jump 39 percent
Jeffrey Gogo Business Correspondent
SHARES of British America Tobacco Limited, Zimbabwe’s biggest cigarette maker, jumped as much as 39 percent after the company declared a hefty US42c per share dividend in the full-year to December 31,
Gold firms ahead of central bank meetings
SINGAPORE. – Gold firmed yesterday snapping four sessions of decline, with investors expecting major central banks to stick to loose monetary policy at meetings later this week, supporting bullion’s appealBid to curb bank bonuses haunt EU
BRUSSELS. – European Union finance ministers faced a potentially stormy session yesterday fighting over whether curbs on bankers’ bonuses should be written into key new legislation controlling the
China promises growth
BEIJING. – China set an unchanged growth target of 7,5 percent for 2013, Premier Wen Jiabao said yesterday, as officials seek to nurture recovery while revamping the model of the world’sSAP offers SMEs visibility, control
JOHANNESBURG. – The newly announced SAP Business One version for SAP HANA is set to transform local small and medium enterprises and enable them contribute to the growth of African economies. TheGerman car sales dip
BERLIN. – Germany, Europe’s biggest car market, saw a sharp year-on-year fall in sales of 10,5 percent in February, the Federal Motor Transport Authority said on Monday, as the motor industry is still under‘China welcome in Africa’
BEIJING. – China has significantly contributed to Africa’s economic growth and improvements in the livelihood of African people, a spokeswoman for China’s Foreign Ministry said yesterday. SpokeswomanBankers, insurers want Comesa support
Business ReporterBankers and insurers have stressed the need to have a regional platform that supports the expansion of indigenous banks and facilitates cross-border advocacy for more competitiveness in the financial