Thursday, December 14, 2017
The momentous shift in Zimbabwe has opened up the space for political and economic reform that has the potential to reinvigorate the entire SADC region, but it’s a window of opportunity that is likely to be short, say Tim London and Sean Gossel. The mood in Zimbabwe is cautiously optimistic...
-Confines indigenisation to diamonds, platinum -Reserved sectors preserve for indigenous people Golden Sibanda Government has moved to calm longstanding foreign investor discomfort over local ownership threshold provisions of the indigenisation law by confining their application to only two minerals, diamonds and platinum. The Indigenisation and Economic Empowerment Act, previously compelling a 51/49 ownership...
There were few dramatic changes in the Government’s budget for next year presented by Minister of Finance and Economic Development Patrick Chinamasa, and few could have realistically expected anything more than a bit of tinkering with tax law. But what came over very clearly is a new seriousness in the...
Tafadzwa Zimoyo (The Boss) Business closet What to wear and how to dress for the festive season and mood will be my topic of discussion today. This is the time where most companies shut down for Christmas holidays. Some throw huge parties for their employees and give out bonuses. People’s pockets are...
Business Writer Leading mobile network operator (MNO) Econet Wireless Zimbabwe has extended its mobile market leadership by growing its revenue market share to 82 percent, and increasing its customer market share to 52 percent, between July and September 2017. This is according to the latest third quarter (Q3) industry report by...
Herbert Zharare Two directors in the Ministry of Transport and Infrastructural Development, who are part of four senior officials exonerated of charges of attempting to block a probe into rampant abuse of public funds meant for roads rehabilitation are not off the hook as the Zimbabwe Anti-Corruption Commission is...
Maize is a Central American crop; it is now Southern Africa’s main staple. How did this come about What crops did people eat in Africa before maize? Currently we think sorghum was originally domesticated in the savannah that stretches from Lake Chad to the border between Ethiopia and the Sudan while...
In this day and age, when one walks into a big company be it a bank or any recognised organisation you are greeted by a painting or a sculpture at the reception. Undoubtedly this draws one’s attention as it seems to stand out of the rest. In addition, it creates...
Enacy Mapakame Listed insurance group, Fidelity Life Assurance will proceed with its Langford Estate development as scheduled in spite of the ongoing shareholder dispute at the former land owners, CFI Holdings. Fidelity acquired Langford from CFI Holdings in a land for debt swap deal. The insurance firm intends to develop...
The quest for recovery After five consecutive years of economic slowdown the economy is now on the rebound. It is expected to grow by 3.7 percent in 2017 against the initial target of 1.7 percent and previous year growth rate of 0.7 percent, driven by the performance of agriculture,...