Broad-based empowerment way to go

The indigenisation and economic empowerment programme has always been a controversial issue that has elicited varied responses from Zimbabweans and the international community alike.The contention ha...

Trust Chikohora: A man of few words

By Golden SibandaHE is a man of few words, but when he opens his mouth to say something you are can rest assured that he utters words of wisdom and optimism, no matter the magnitude of challenges.Unt...

Do we really need so many banks?

By Sure KamhungaA recent update by the Governor of the Reserve Bank of Zimbabwe, Dr Gideon Gono, showing that some banks and financial institutions are struggling to adequately capitalise their opera...

Zimra embraces Asycuda World

This week we focus on the Automated System for Customs Data (Asycuda) system, how it functions and its benefits to its users in relation to the operations of the Zimbabwe Revenue Authority. Asycuda i...

Angola diamond output to surge

CAPE TOWN.Angolan state diamond firm Endiama is targeting output of nine million carats in 2011, up from 8,5 million carats last year, the company said yesterday.Endiama, the world’s fifth biggest di...

Inflation proves tougher foe for China

BEIJING.Inflation is proving a tougher foe than the Chinese government imagined and, as that realisation sinks in, risks are tilting towards more aggressive monetary tightening than investors expecte...

SA fuel industry braces for new grades

Johannesburg.FUEL producers and retailers are bracing themselves for an investment of up to R20 billion to provide for the new grades of fuel the government is introducing soon.The department of ener...

Egypt’s credit risk falling

Cairo.Egypt’s credit risk is falling to the lowest level since anti-government protests began two weeks ago and international borrowing costs are dropping as the nation’s biggest political crisis in ...

Chrome scam exposed

By Martin KadzereAN investigation into chrome operations has unearthed irregularities with most firms operating without Government certificates and licences.According to an audit report prepared by t...