‘Amended local equity law to drive investment in Zim’

Business Writer Pro-investor amendments Government intends to undertake on the Indigenisation law next year will unlock significant foreign investment to Zimbabwe, the country’s investment body says.

Parly recommends CMED forensic audit

Fuel division yet to recover the $2,7m lost in botched fuel deal n Concerns raised over poor governance Business Writer Parliament has called for a forensic audit of the Central…

Kellogg goes all in on cereal cafes

New YORK. — Kellogg Co. is hoping that Instagram-obsessed millennials can help make cereal cool again.

President’s administration faces litmus test

Hebert Zharare Presiden Dambudzo Mnangagwa’s administration faces a litmus test.  Policy inconsistency in Government has had serious ramifications on the economy and the socio-economic well- being of Zimbabweans in general.

Govt to exempt taxes on fuel for energy generating projects

Business Writer Government’s move to exempt taxes and levies on fuel imported for approved energy generating projects will boost the sector through increased investment, although it still needs other support…

China firms ditch bonds for banks in search for funds

Shanghai. — Chinese companies are turning away from capital markets and heading back to state-owned banks to raise cash, in a reversal of Beijing’s previous efforts to modernize the way…

Ignatius Chombo demanded $310 150 bribe from land developer

Fungai Lupande Senior Court Reporter Former Finance Minister Ignatius Chombo allegedly allocated residential stands to illegal settlers at Whitecliff Farm in Harare before demanding and receiving a bribe of a 3…

Sibanye to buy Lonmin for R5,17bn

Johannesburg.  — Sibanye Gold plans to buy Lonmin, marking the end of the smallest and most financially stressed of the world’s three biggest platinum miners.

a�?Wizarda�� caught turning dead neighbour into goblin

Siphathisiwe Tshuma A VILLAGER was caught red-handed on top of his neighboura��s grave carrying a clay pot attempting to make the late his goblin.