adminNigeria discovers more crude reserves
LAGOS. — Optimum Petroleum Development Limited and its partner Afren Nigeria, announced the discovery of a significant light oil accumulation at the high impact Ogo-1 well offshore Nigeria.Nigeria still preferred FDI destination
LAGOS. — Nigeria is still Africa’s preferred destination for Foreign Direct Investment despite such investment falling slightly over the past year.This is according to the global FDI report released by the United Nations Conference on Trade and Development.
Guvamatanga hails women leadership
Business ReporterThe country’s labour laws should be relaxed to encourage professionals in the Diaspora to come back home and allow the country to benefit from their expertise and skills.
Addressing women at the third edition of the Success in Stilletos seminar series in Harare yesterday, Barclays Bank managing director Mr George Guvamatanga said there was
Calls to review rentals mount
Kudakwashe Pembere Business ReporterProperty owners have been urged to review their rentals downwards to counter the rising number of defaulters.
Speaking at a property investment seminar hosted by the Real Estate Institute of Zimbabwe in Harare yesterday, Mr Mhlanduli Mpofu, a property expert said that Zimbabwe was
Top banker joins Econet board
Econet Wireless Zimbabwe has announced the appointment of top international investment banker Mr Martin Edge as a non-executive director.Mr Edge, who has worked in Africa for nearly 20 years with some of the world’s largest banks including HSBC and Standard Chartered Bank, is the third high-profile new
Toyota Hilux is King of the Desert
Fact Jeke Behind the wheel
Last weekend was a hive of activity, with the Donnybrook ride and drive of Land Rovers and the biggest event of motor sport in Africa – the Kalahari Toyota Desert 1 000 race.
GM to boost Mexico operations
MEXICO CITY. — General Motors announced on Wednesday that it will invest US$691 million to boost its operations in Mexico, a nation whose low wages and proximity to the United States are increasingly attracting automakers.Peugeot family ready to step aside for GM
LONDON/PARIS. — PSA Peugeot Citroen’s founding family has offered to give up control of the troubled French motormaker as it tries to revive plans for a closer tie-up with General Motors backed by a fresh capital injection, sources said.
Byo Rainbow spruces up for UNWTO
Isdore Guvamombe Tourism Matrix
Bulawayo, Zimbabwe’s second largest city, is famed for its charisma as the City of Kings and, of course, the kings must live with their queens. The City of Kings – so-called as it was the capital of legendary Ndebele kings Mzilikazi and Lobengula – retains its air of majesty. With its generously wide streets, it typifies, in the most positive way, the oft-cited