adminZim’s fdi grows
From Martin Kadzere in JOHANNESBURG, South Africa
ZIMBABWE’S foreign direct investment rose 19 percent last year to US$450 million from US$387 million a year earlier, Economic Planning and Investment Promotion Minister Dr Tapiwa Mashakada has said.
Agribank US$5,6m in the red
Blessing Bonga Business ReporterAgribank has recorded a US$5,6 million loss for the year ended December 31 2012, reflecting an astronomical increase in the loss margin by almost 1 800 percent from the prior period’s loss of US$0,3 million largely attributed to inadequate capitalisation and failure to attract meaningful deposits against high operating costs.
Agribank’s harvest of thorns
Takunda Mugaga Economic Agenda
OUR economy has for years been anchored on agriculture and our Government in its wisdom felt that it was only proper to have a bank that is dedicated to supporting this crucial sector and thus Agribank was born – but 13 years after its birth it is struggling.
‘Cyprus crisis could cost Greece’
ATHENS – The economic crisis in Cyprus and the “violent” solution imposed on banks could derail Greece’s fragile economic recovery and undermine European cohesion, the head of the country’s industry lobby warned yesterday.Road carnage worrying
Robert Garai Muganda Let’s Go ZeroEveryone will always tell you that they are a good driver but all that confident talk behind the wheel vanishes when one is involved in a car crash.
With the way things are unfolding, it is most likely that most drivers, both new and old, on our roads are actually terrible, crazy, insane, mad, suicidal drivers.
Why CEOs should exit smoothly
Shelter Cheza Change Management
Replacing top management is akin to changing a flat tyre on a busy highway. You are cruising in a highway and suddenly you have to stop and change the wheel, imagine the inconvenience, time, energy, money spent — it is very costly.Spain out of the woods in 2014, says PM
MADRID. — Spain’s recession-hit economy will return to growth and begin creating jobs again in 2014 if the government keeps up its tough austerity reforms, Prime Minister Mariano Rajoy said yesterday.
‘Proudly Zimbabwean’ – That’s Zim’s informal agric markets
Charles Dhewa Business Correspondent
MORE than 75 percent of commodities in Zimbabwean shops are imports, mainly from South Africa.
The only place you find commodities deserving the Proudly Zimbabwean label is informal agriculture markets such as Mbare in Harare, Malaleni in Bulawayo and Sakubva in
Make the most out of your leave
Zachary Aldwin
THE Easter break has come and gone and if you are like me you are back at work relishing the idea of a short week due to the past long weekend.My calender resembles Swiss cheese the way the next two months are peppered through with breaks.
Understanding rights to agric land
Vengai Madzima Property Guide
AS the draft constitution waits Parliament’s endorsement and Presidential assent after an overwhelming “Yes” vote by the people of Zimbabwe, it is critical that one understands the position of the draft constitution on various aspects including land.