adminEconet CEO wins international award
Charity Ruzvidzo Business Reporter ECONET Wireless Zimbabwe chief executive officer (CEO) Douglas Mboweni recently scooped a top international award for business leadership.
Balance of trade deficit continues
ZIMBABWE’S balance of trade continues be in deficit as the country’s growth rate decelerates. The trade deficit widened to $3,3 billion in December 2014 from $2,97 billion in November but …
No new NMB mortgage-backed tenders for SME bond
Harare Bureau NMB Bank has not floated another tender for its two-year $50 million mortgage-backed Small to Medium Enterprises bond issue which opened during the last quarter of 2013 after…
ZMF to set up chrome smelters
Lovemore Zigara Business Correspondent THE Zimbabwe Miners Federation (ZMF) plans to set up two chrome smelters in the Midlands province in a move aimed at empowering small-scale miners.
Equities market bearish trend to continue: MMC Capital projects
Oliver Kazunga Acting Business Editor BROKERAGE firm, MMC Capital projects said the equities market will this year maintain a bearish trend on the back of a prolonged economic underperformance underpinned…
African countries urged to plug out illicit financial outflows
Business Reporter AFRICAN countries should mobilise domestic resources and plug illicit financial outflows which are haemorrhaging more than $50 billion annually if the continent is to develop.
Efforts to capacitate Export Credit Guarantee Corporation stepped up
Harare Bureau THE government has stepped up efforts to capacitate the Export Credit Guarantee Corporation (ECGC) whose major role is to boost exports.
Zambia votes for new President
ALL is set for presidential elections today when Zambia will choose a new leader following the death of Michael Sata in October 2014. A total of 5,166,088 people have registered…
Gunfire, teargas in protests against DRC election delay
KINSHASA — Security forces fired live rounds and tear gas at rock-throwing protesters in Democratic Republic of Congo’s capital yesterday as opposition parties tried to block a change in the…
US, Cuba prepare for historic talks
HAVANA — The United States and Cuba will hold their highest level talks in decades tomorrow, ditching decades of Cold War-era hostility to pave the way to reopen embassies and…