adminChina FDI inflows up 5pc
BEIJING. — Foreign direct investment into China rose 4,9 percent year-on-year during the first half of 2013, official data showed yesterday, despite slowing growth in the world’s second-largest economy.China’s richest man rubbishes wealth gap
BEIJING. – China’s yawning divide between rich and poor does not need to be tackled, the country’s richest person said yesterday – as long as everyone can become wealthy.
“We don’t need to solve the problem of the rich-poor gap, we need to solve the problem of common prosperity,” said Zong Qinghou, whose family fortune is estimated at
Greek lawmakers face crucial austerity Bill vote
ATHENS. – Greek lawmakers will vote on a new austerity Bill outlining controversial plans to redeploy 25 000 civil servants this year, despite mass protests against the reforms required for fresh aid funds.European stocks drop
LONDON. – European shares fell yesterday as investors awaited testimony from US Federal Reserve chief Ben Bernanke for fresh clues to the outlook for stimulus policy, dealers said.
Telecel leads the pack
Tonderai Rutsito TechSpot
Since the beginning of the year Telecel has shaken the market with a number of intriguing promotions that have attracted a lot of attention.
While other cellphone service providers have also run their own promotions, Telecel’s promotions have stood out because they have gone beyond their own network borders.
Zimoco launches new vehicles
Business ReporterLeading luxury vehicle distributor, Zimoco has unveiled the new Mercedes Benz A-Class and E-Class premium vehicles in Zimbabwe.
At a function to launch the two compact vehicles in Harare, Zimoco general manager Mr Nicholas Lumsden said while the new A-Class opened a new chapter in the Mercedes Benz
Developing credibility
Zachary Aldwin Milkshake in the BoardroomPrinceton Duddlefield once said: “If you fail to communicate where you are – you will be nowhere.”
What a great piece of advice from a great man. No it’s not! Mr Duddlefield never said it because he is the product of my vivid imagination as is his somewhat interesting quote.
Tobacco deliveries draw closer to target
Business ReporterTobacco deliveries continue to draw closer to the 170 million kilogrammes target for this year as contractors continue to receive tobacco from growers.
A total of 160,8 million kg worth US$593,4 million had been delivered by Monday this week.
Dealing with complacency
Shelter Chieza Change ManagementI have been trying to use a bit of psychology to interpret the outcry that followed the closure of voter registration this past week.
Some people have been voicing concerns that they were unable to inspect the voters’ roll before the deadline because of short notice yet the voter’s role has always been open
Restoring productivity is his goal
Zimbabwe’s manufacturing sector has not been spared the current liquidity challenged pervading the entire economy. The sector has failed to attract fresh capital and investments while capacity utilisation has remained depressed due to other challenges that include high cost of borrowings, high costs of utilities, severe power cuts, low priced