I’m not finished: Federer

LONDON. — Roger Federer was confronting the collapse of his tennis world yesterday, desperate to avoid the Wimbledon fate suffered by his hero Pete Sampras, whose All England Club career ended in a punch-drunk haze.

Mandela’s condition critical, but stable: Zuma

JOHANNESBURG. — South African President Jacob Zuma said yesterday that the condition of ailing anti-apartheid hero Nelson Mandela had improved overnight and was now critical but stable.

Maputo fires army chief

MAPUTO. — Mozambique’s President Armando Guebuza has fired his army chief, his office said on Wednesday, amid escalating tension with former rebels.
Guebuza dismissed Paulino Jose Macaringue “as head of the general staff of the defence forces of Mozambique,” the government said in a communique. No explanation was

Ecuadorian leader speaks on Snowden

QUITO. — Ecuador yesterday waived preferential rights granted under a trade agreement with the United States, in a show of independence as it considers asylum for fugitive US intelligence leaker Edward Snowden.

Zimbabwe’s FDI grows

Business Reporters
ZIMBABWE’s Foreign Direct Investment increased from US$387 million in 2011 to US$400 million last year, latest statistics from the United Nations Conference on Trade and Development show.

Think-tank calls for home-grown savings

Faith Mabika Business Reporter
THE Zimbabwe Economic Policy Analysis and Research Unit says Zimbabwe needs to build homegrown savings to complement Foreign Direct Investment inflows.
According to Zeparu, the current challenges of access to credit affecting industry and commerce could be solved by a policy to boost savings.

FBCH merger gets nod

Business Reporter
THE National Social Security Authority has increased its stake in FBC Holdings from 26 percent to 35 percent after shareholders approved the merger of the group’s commercial bank with its building society.

Let’s take advantage of UNWTO

Vandudzai Zirebwa  Buy Zimbabwe

Last week we were inundated by positive and overwhelming response to the article on the increasing abuse of the “Proudly Zimbabwean” motto.
By and large, most readers felt that we had raised an important issue that must fit into a discourse that underlines expectations for our country as it engages at local and

Guvamatanga hails women leadership

Business Reporter
The 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 Reporter
Property 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

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