Zim industry urged to gear up for Continental Free trade area

HARARE – Local industry should begin retooling to be able to produce competitive products in preparation for the implementation of the African Continental Free Trade Area (AfCFTA), the Competition and…

Vital Signs: the world economy can benefit from a vindicated Trump

Richard Holden I am in Beijing this week, so I will start with important Chinese data. The producer price index (PPI) grew at 3.1 percent for the 12 months to…

Oil markets tense after western strikes on Syria, rising U.S. drilling weighs

SINGAPORE – Oil fell more than 1 percent on Monday as markets opened following western air strikes in Syria over the weekend, while a rise in U.S. drilling for new production also…

Bonds stable as market assess Syrian missile strike

South African government bonds were little-changed on Monday morning, in line with the rand, as investors assessed how much geopolitical risk to price into the market.

Geiger deal opens can of worms . . . Firm a ‘handbag’ company . . . Costs allegedly inflated . . . Minister Gumbo insists everything above board

Hebert Zharare The cancellation of the Geiger International road dualisation deal has exposed that incompetence and corruption abounded in Government corridors amid revelations that the Austrian company is just a…

Cottco under ZACC probe . . . Two officials suspended . . . Potential prejudice may run into millions

Business Writer The Zimbabwe Anti-Corruption Commission has launched an investigation into The Cotton Company of Zimbabwe amid revelations the company could have lost millions of dollars in a botched lint…

Dangote eyes agric sector

Livingstone Marufu Africa’s richest man, Aliko Dangote has renewed his interest in investing in Zimbabwe, but seems to have moved away from his first love — cement — and is…

Pension report is flawed and lacks credibility: ZimPHRT

Business Writer The report released by the Commission of Inquiry appointed to investigate how pension and insurance benefits were paid out post dollarization is flawed and lacks credibility, according to…

Another Aussie firm eyes Zim lithium

ASX firm to acquire 70pc in Mbeta project Project area holds huge potential for lithium Business Writer Only weeks after Zimbabwean firms sealed two multi-billion dollar lithium projects, an Australian…

How China opened its economy but kept its revolution

Joseph Mverecha President Mnangagwa has just come back from a week-long official State visit to China; the first such visit outside the continent since he assumed power in November last…

×