Sanctions hurt diamond sales

Business Reporter
ZIMBABWE is selling its rough diamonds from Marange at 25 percent less the normal price due to illegal sanctions imposed on the country, a report by a Parliamentary Portfolio Committee on Mines and Energy

RBZ extends Interfin Bank curatorship

Business Reporter
INTERFIN BANK will remain under curatorship until December 31 2014 amid indications that its capitalisation and subsequent reopening has been hampered by macro-economic challenges obtaining

Zim needs US$2bn for infrastructure

From Golden Sibanda in VICTORIA FALLS
ZIMBABWE requires an estimated US$2 billion for investment in developmental projects over the next five years to ensure sustainable economic growth, labour economist Dr Godfrey Kanyenze has said.

Cut imports, save industry

We must begin by acknowledging the overwhelming endorsement by stakeholders of the need for our country to strengthen its porous local procurement laws, policies and programmes.

Leaders discuss Sino-Africa ties

Tendai Manzvanzvike recently in CHINA
A joint delegation of leaders from the NGO community, academic and research institutes, think tanks and the media recently held a week-long meeting in the Chinese capital Beijing to share experiences,

OK Zimbabwe revenue up 16pc

Business Reporter
RETAILER, OK Zimbabwe full year revenue increased 16,3 percent from the previous year to US$480 million, driven by improved facilities and offerings while the company also leveraged on a portfolio of

Be wary of fake dealers: ZETDC

Business Reporter
Zesa Holdings subsidiary, Zimbabwe Electricity Transmission and Distribution Company says it will not be held accountable for any prejudice that may arise as a result of any financial transactions which take

SA tops African visitors list

South Africa accounts for the largest number of continental visitors to Zimbabwe, a recent report by the Zimbabwe Tourism Authority says, attributing this to resurgent strong trade ties between the two

D. Whitehead ruling expected today

Business Reporter
THE Supreme Court is today expected to make a judgment on whether David Whitehead should be removed from final judicial management, a week after the High Court ordered the final reconstruction

Financial engineering could be the answer

Thomas Muserepwa
Zimbabwe’s business environment has been difficult over the last few years, while the situation has been aggravated this year by scepticism around the investor community and election fever.

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