China-Zim trust in awareness drive

Blessing Bonga Business Reporter
ZIMBABWEANS interested engaging in trade with Chinese companies have been presented with a platform to enable them to gather the necessary information before sealing business deals to avoid losing their hard- earned money through bogus companies.

Europe’s leading stock markets fall

LONDON. – Leading European stock markets  fell yesterday as dealers locked in profits from a technical spike a day earlier, while Vodafone shares were also hit by US telecoms operator Verizon’s denial that it was preparing a takeover bid for the British group.

France reeling from tax fraud scandal

PARIS. – France’s Socialist government was reeling from an explosive tax fraud scandal yesterday as critics questioned how much President Francois Hollande knew about a former budget minister’s secret foreign bank account.

Zim’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 Reporter
Agribank 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 Zero
Everyone 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.

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