AFRICA

'Relax visa rules to unlock intra-regional trade and economic growth'

AFRICAN Development Bank vice president and chief economist Professor Mthuli Ncube says visa requirements in Africa are among the factors restricting intra-regional trade and economic growth.Professo...

By Business Reporter | Published: 10 June 2013

ZIMBABWE

Zimbabwe economic growth rate to quicken, says AFDB

Zimbabwe's real Gross Domestic Product is expected to improve marginally this year from a dip in 2012 on the back of improvements in mining and agriculture, according  to a new report released ...

By Business reporter | Published: 10 June 2013

ZIMBABWE

Zimbabwe govt misses revenue targets

Zimbabwe missed revenue targets for April by 7.3% as the economy shows signs of stagnation due to the poor performance across sectors. Finance Minister Tendai Biti yesterday said, in a State of the ...

By Staff reporter | Published: 10 June 2013

ZIMBABWE

SA institutions re-rating Zimbabwe, say Imara conference organisers

South African institutions are fast re-rating the Zimbabwe equity market, judging by their positive response to the upcoming Imara investor conference in Harare.Conference organisers expect the bigge...

By Business reporter | Published: 10 June 2013

ZIMBABWE

Tendai Biti sticks to cash-budgeting as inflows remain critical

Zimbabwe's minstry of finance will continue cash- budgeting as revenue inflows remain severely depressed due to poor economic performance, a senior government official said Monday.Acting permanent s...

By Agencies | Published: 10 June 2013

ZIMBABWE

Zim's economy now ranked among the top 10 in Africa

ZIMBABWE is now ranked among the top 10 economic performers on the continent, the Economic Report for Africa has revealed.Majority of these better performing countries are heavily dependent on oil o...

By Business Reporter | Published: 10 June 2013

ZIMBABWE

Zimbabwe seeks $10 billion debt cancellation

Finance Minister Tendai Biti says a government led by his MDC party would push for the cancellation of the country's foreign debt. Assuming the MDC-T wins upcoming elections, Biti said a post-Mugabe ...

By Staff reporter | Published: 10 June 2013

ZIMBABWE

Zimbabwe's year-on-year inflation rate goes down

Zimbabwe's year-on-year inflation rate for April 2013 shed 0,27 percentage points on the March 2013 rate of 2,76 percent to 2,49 percent, the Zimbabwe National Statistics Agency has said. This means ...

By Staff Reporter | Published: 10 June 2013

ZIMBABWE

Risks in hotel investment in Zimbabwe

The Hotel Investment Conference Africa for 2013 was hosted in Durban this week.http://www.youtube.com/watch?v=F3h2fHeN3oc ...

By abndigital | Published: 10 June 2013

ZIMBABWE

Zimbabwe diamonds flood Dubai

FOR years, Zimbabwe has faced disapproval for its human rights abuses, farm seizures and political repression.International sanctions have targeted President Robert Mugabe's inner circle and the coun...

By Financial Times | Published: 10 June 2013

ZIMBABWE

All not rosy for Zim women cross border traders

IT'S just after sunset and temperatures are fast dropping to almost freezing point at Park Station in Johannesburg, South Africa.The chilly weather is making everyone numb.But Sandra Phiri from Bula...

By Staff reporter | Published: 10 June 2013

ASIA PACIFIC

Western retailers to compensate victims of Bangladesh disaster

Two Western retailers have promised to compensate families of garment workers killed while making their clothes in a Bangladesh factory building that collapsed last week in the country's worst indus...

By Staff Reporter | Published: 10 June 2013

ZIMBABWE

Zim women miners eye US$200m deal for diamond mining

The Zimbabwe Women in Mining is negotiating for a US$200 million deal with a South African investor to sponsor women to mine diamonds in the Chiadzwa area of Marange, an official has said.Four diamo...

By Staff Reporter | Published: 10 June 2013

ZIMBABWE

'Zimbabwe has potential to be a $100 billion economy'

ZIMBABWE has potential to achieve a US$100 billion economy earlier than 2020, despite a ballooning external debt overhang and only requires right leadership and personality, a former finance ministe...

By Moses Chibaya | Published: 10 June 2013

ZIMBABWE

Harare companies dominate ZITF

THIS year's edition of the Zimbabwe International Trade Fair (ZITF) is dominated by Harare companies who make up 57% of local exhibitors, with Bulawayo firms accounting for 35%.More than 100 firms h...

By Nqobile Bhebhe | Published: 05 June 2013

AFRICA

2013 finalists for African innovation announced

Ten African innovators have developed practical solutions to some of the continent's most intractable problems.Chosen from more than 900 applications from 45 countries, the finalists for the Innovati...

By Kofi Adu Domfeh | Published: 05 June 2013

ZIMBABWE

Zimra's continuous system failure affects car importers

CAR importers using Beitbridge Border Post continue to encounter delays in clearing their vehicles due to a continuous system failure of the Zimbabwe Revenue Authority (Zimra)'s, newly introduced cle...

By Beitbridge Reporter | Published: 05 June 2013

ZIMBABWE

'The time to invest in Zimbabwe is now,' says Tsvangirai

Prime Minister Morgan Tsvangirai says the time to invest in Zimbabwe is now and not after the elections.Tsvangirai said this in a speech read on his behalf at the national business conference at the ...

By Staff reporter | Published: 05 June 2013

ZIMBABWE

Zimbabwe's grain reserve running dangerously low

Zimbabwe's grain reserves are running dangerously low ahead of new but poor harvests caused by erratic rain, an independent continent-wide development bank said Wednesday.The African Development Bank...

By AP | Published: 05 June 2013

ZIMBABWE

Kasukuwere denies Zimbabwe indigenisation policy changes

Indigenisation Minister Saviour Kasukuwere on Wednesday said the ministry has not changed its legislative framework.This refutes reports by state newspaper The Sunday Mail that there have been amen...

By Staff reporter | Published: 05 June 2013

ZIMBABWE

Mayor of Bulawayo welcomes exhibitors and visitors to ZITF

MESSAGE from His worship the Mayor of Bulawayo, Councillor Thaba Patrick Moyo, to welcome exhibitors and visitors to the 2013 Zimbabwe International Trade Fair.The City of Bulawayo is proud to host e...

By Staff Reporter | Published: 05 June 2013

ZIMBABWE

Zimbabwe's broad money supply growth declines

ANNUAL broad money supply growth declined by 12,1 percent in the 12 months to January 2013 in a negative development for an economy in need of credit, the African Development Bank has said.AfDB made...

By Golden Sibanda | Published: 05 June 2013

ECONOMC INDICATORS

Zimbabwe's unemployment rate tops 70%

Zimbabwe's unemployment rate remains very high at more than 70 percent with less than 900 000 people formally employed out of a 13 million population, a leading economist has said.John Robertson tol...

By Business reporter | Published: 10 June 2013

AFRICA

Egyptair resumes Zimbabwe flights

Egypt's national carrier, Egyptair, resumes flights between Harare and Cairo in June after a nine year absence,  and is offering a 20 percent discount on ticket purchases between April 8 to 30 ...

By Business Reporter | Published: 10 June 2013

ZIMBABWE

Biti released disbursements totalling over $51,5 million in 3 months

Tendai Biti, the Minister of Finance, has made capital disbursements totalling over US$51, 5 million to various critical sectors over the past three months.In his Treasury State of the Economy Rep...

By Ndou Paul | Published: 10 June 2013
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