adminFBC gets US$10m line of credit
Martin Kadzere Senior Business Reporter FBC BANK has secured a new US$10 million line of credit from a US bank with view of supporting local industry, the group chief executive,…
Contractor dragged to court over inflated input prices
Zvamaida Murwira Senior Reporter PROBLEMS associated with contract farming have been exposed by a Centenary farmer who has sued Zimbabwe Leaf Tobacco alleging he ended up with a huge debt…
Iran won’t surrender to any power: Rouhani
TEHRAN. — Iranian President Hassan Rouhani underlined Tehran’s steadfast position on defending its nuclear rights, and said the country will never succumb to the pressures exerted by the world powers…
Iran calls for enhanced ties with Africa
TEHRAN. — Minister of Industry, Mine and Trade Mohammad Reza Nematzadeh said yesterday that Iran and African countries should make use of their natural, technical and engineering potential and capabilities…
DR Congo, M23 rebels to sign peace deal
RUGWERERO. — The government of the Democratic Republic of Congo and the defeated M23 rebels will today sign a peace deal, Kinshasa and Kampala said, with Uganda adding it will…
Samkange — A reconstruction
Stanely Mushava Literature Today WHEN the Ides of March robbed Zimbabwe of its most accomplished man of letters, Professor Stanelake Samkange, in 1988, former Chief Justice Enoch Dumbutshena’s graveside eulogy…
Twitter resists investor frenzy
New York. — The contours were familiar: A hot social-media company going public with investors baying to buy its stock. Yet the outcome of Twitter Inc.’s initial public offering was…
Hwange Colliery appoints financial advisor
Business Reporter COAL miner Hwange Colliery Company Limited has appointed Infrastructure Development Bank of Zimbabwe to evaluate a US$50 million rescue package for the company by British businessman and shareholder…
China reforms attract world attention
BEIJING. — The key meeting of the Communist Party of China was expected to unveil an overall deployment of China’s comprehensively deepening reform, overseas media reported.
Editorial Comment: Sanctions Damascene moments welcome
It was refreshing to hear Econet Wireless, Zimbabwe’s top performing blue chip company with interests throughout Africa as well is in Europe and the United States, confess that sanctions had…