Govt sets foreign direct investment target

Blessing Bonga Business Reporter
GOVERNMENT has set 25 percent of GDP as the foreign direct investment target by 2015 and is confident this can be achieved amid calls to implement recommendations made by an international FDI expert engaged by the UNDP to carry out a review on Zimbabwe. Officially opening

Congo, the fraud of independence

Jean Shaoul
A senior British politician has revealed Britain’s involvement in the 1961 assassination of Patrice Lumumba, the Congo’s first prime minister.
The leader of the Congolese independence struggle from Belgium was brutally

Saluting Zimbabwe’s revolutionary women

Gender Forum Ruth Butaumocho
Thousands of Zimbabweans across the political divide yesterday put aside their political differences and joined hands to celebrate Zimbabwe’s Independence that came after a protracted struggle with the colonial regime. The event that was commemorated in every town

Webber, Alonso provide drama

MANAMA. — Mark Webber left the big question unanswered at the Bahrain Grand Prix yesterday — Who paid for his dinner with Fernando Alonso?
Ferrari’s Alonso, the race winner in China last Sunday, set the ball rolling earlier in the

Pakistan to welcome back pair after serving bans

LAHORE. — Pakistan will allow disgraced former captain Salman Butt and Mohammad Asif back into domestic cricket once they serve their bans for spot-fixing, the country’s cricket chief said yesterday. Butt, Asif and teammate Mohammad Amir were banned for a minimum of five

Murray loses, Djokovic wins

MONTE CARLO. — A string of errors put world No 2 Andy Murray out of the Monte Carlo Masters yesterday when he lost 6-1 6-2 to Swiss Stanislas Wawrinka in the third round.
Fourth seed Tomas Berdych was also beaten at the first big claycourt event of the

Blast flattens US town

WEST. — A Texas fertiliser factory exploded in a huge fireball on Wednesday, destroying many nearby homes and killing between five and 15 people, with one official likening the blast to a nuclear bomb. Smoke and an acrid smell of burning lingered in the air hours after the

Kenyatta cuts down ministries

NAIROBI. — The Jubilee government has unveiled its structure with ministries being reduced from 44 to 18.
In a press statement, President Uhuru Kenyatta said that the lean government structure will

Musharraf humiliated

ISLAMABAD. — A Pakistani court yesterday ordered the arrest of former military ruler Pervez Musharraf, who immediately sped off to his villa on the edge of Islamabad, protected by barbed wire and armed police. Musharraf faced no resistance from scores of law enforcement

BNC resumes exports

Golden Sibanda Senior Business Reporter
BINDURA Nickel Corporation last week resumed nickel exports about five years after mothballing operations due to crippling economic and financial constraints.
The Mwana Africa Plc subsidiary made its first shipment of nickel concentrate to Durban, South

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