adminIllicit deals cost Africa billions: Report
Martin Kadzere Senior Business ReporterTHE African continent has been a long-term “net creditor” to the rest of the world, according to a new joint report compiled by the African Development Bank and the Global Financial Integrity.
Rand continues to weaken
Rumbidzayi Zinyuke and Kuda PembereZimbabwean retailers who import the bulk of the their products from South Africa are likely to benefit as the rand continues to weaken against the United States dollar, economic analysts have said.
Astra stake up for grabs
Martin Kadzere Senior Business ReporterA CONSORTIUM of directors and management of Astra Industries Ltd intends to buy the Reserve Bank of Zimbabwe’s 64 percent shareholding in the company, sources familiar with the deal have said.
Miners cry foul . . . . . . as Govt mulls new policy
Golden Sibanda Senior Business ReporterPROPOSED Government control of prices and production of minerals would retard the growth of the mining sector, the Chamber of Mines of Zimbabwe said in its critique of the Draft Minerals Development Policy.
Henry on Gunners
LONDON. — Arsenal great Thierry Henry warned the club yesterday that they must set their sights higher than merely qualifying for the Champions League soccer.Arsene Wenger’s side celebrated jubilantly after securing a top-four finish in the English Premier League with a 1-0 win at Newcastle United on the final day of the Premier League
Neymar joins stars
LONDON. — Confirmation of Neymar transfer to Spanish soccer champions Barcelona has already excited millions.Thought of as the finest South American talent on the globe, Neymar joins what is already the most talented squad in the world, but herein possibly lies the problem.
Reds sign Kolo
LONDON. — Liverpool have agreed a deal to sign Kolo Toure when his current contract with Manchester City expires on July 1.The 32-year-old, who made 18 appearances for City this season, has been brought in by Liverpool manager Brendan Rodgers as a replacement for recently retired Jamie