Parly probes Mana Pools oil drilling EPO
Tapiwanashe Mangwiro The Ministry of Mines and Mining Development has moved in to explain the gazetting of an Exclusive Prospecting Order (EPO) being sought to drill oil in the wildlife…
External loans to lump $150bn strain on fiscus
Golden Sibanda TREASURY will from this month add roughly $150 billion to its monthly obligations on the national budget after assuming external loan payment obligations from the Reserve Bank of…
Telecel assets now under quarantine
Business Reporter No legal action can be taken against the assets of Telecel Zimbabwe as they are now protected by the law following an application by employees to have the…
Zim to become carbon credits market giant
Martin Kadzere Zimbabwe is angling to become Africa’s regional trading hub of voluntary carbon credits through the creation of a Pan African – focused register of carbon credits to be…
Long-term stability must be the goal
As Minister of Finance and Economic Development Mthuli Ncube noted this week, it is largely impossible to create a legal framework that guarantees a stable exchange rate and thus low+…
African Sun’s US$4,2m hotel upgrade on course
Enacy Mapakame Hospitality group, African Sun Limited, is scheduled to conclude its US$4,2 million hotel upgrades during the second quarter of the year. The group committed millions of dollars on…
Zim-China Business Forum oversubscribed, surpasses expectations
Kudzanai Sharara in Beijing, China The Zimbabwe – China Business Forum that ends today (Thursday) in Beijing, was a resounding success with participating firms managing to establish business leads and…
Nigeria’s new president vows to deliver economic reboot as he inherits ‘a broken country’
New Nigerian President Bola Ahmed Tinubu faces the tough task of injecting stability into a society and economy in crisis — and reigniting hope in a young population that feels…
Zim cannot sustain full dollarisation, says RBZ
Leonard Ncube RESERVE Bank of Zimbabwe (RBZ) Governor, Dr John Mangudya, has urged Zimbabweans to embrace the local currency saying the country has no capacity to sustain a fully dollarised…
Understanding Vicarious liability
Arthur Marara Part III Last week, I promised to give elaboration to the principle of deviation through a real story of a truck driver which was disposed of in 2012.…











