Portugal to seek revised targets

LISBON. –  Portugal may request a third revision to deficit targets agreed with EU-IMF creditors as part of its 78-billion euro international bailout, Prime Minster Pedro Passos Coelho warned last Friday.

Africa’s GDP dilemma

The economic performance of sub-Saharan African countries in recent years has been widely documented, and praised. Analysts and commentators regularly posit that after weathering the global

IFC ups stake in ABC Holdings

Business Reporter
THE International Finance Corporation has snapped about 10,3 percent stake in ABC Holdings after exercising an option to convert a 78 million pula (US$9,2 million) loan to the banking group into equity.

Computer Society scoops top award

Business Reporter
The Computer Society of Zimbabwe was awarded the prestigious international best practice award in the Corporate/Private Sector Category at the European Computer Driving Licence Foundation Forum 2013

Great leaders are readers

My goal is to get you to THINK! To really THINK about what you are doing with your life and why you do not have all the abundance you deserve.

Raw sugar price decreases slightly

THE price of raw sugar in Zimbabwe for the 2012/13 marketing season has dropped to US$627,67 per tonne from US$700 last year owing to a decline in the price of the commodity on the international

MFIs hail capital requirements

Business Reporter
THE Zimbabwe Association of Micro-Finance Institutions says the impending increase in minimum capital requirements for micro-finance institutions that was announced by the Reserve Bank of Zimbabwe will

Zim economy rebounds

Business Reporter
ZIMBABWE is now ranked among the top 10 economic performers on the continent, the Economic Report for Africa has revealed.

Elephant Hills Hotel gets facelift

Business Reporter
HOSPITALITY group African Sun Limited has started a soft refurbishment exercise at the Elephant Hills Hotel in Victoria Falls, the venue of the United Nations World Tourism Organisation General Assembly.

Russian tycoon eyes Cairns

Golden Sibanda  Senior Business Reporter
NIKOLAY Varenko, the Russian billionaire angling to acquire Cairns Holdings, is expected in Harare next week for talks with the Government on the possibility of buying the entire stake in the Zimbabwe Stock

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