Mzembi keen to see more airlines landing at new Victoria Falls airport

Harare–Tourism and Hospitality Industry Minister Walter Mzembi is keen to see the number of tourists visiting Victoria Falls grow and on Tuesday appealed for support to increase the frequency of flights touching down at the resort town’s new look $150 million Chinese-built airport.
Posted On 13 Jan 2016

‘No foreign firms seeking indigenisation exemption’

HARARE – No foreign companies have approached the Government seeking exemptions to the 51percent /49 percent indigenisation requirement.
Posted On 13 Jan 2016

Emirates enhances Zimbabwe, Zambia service

HARARE -  Global airliner Emirates says it will enhance its on-board experience and increase capacity on its Zimbabwe and Zambia route with the deployment of a larger Boeing 777-300ER aircraft from next month.
Posted On 13 Jan 2016

Lueven Investments eyes solar plant in Marondera

HARARE – Independent Power Producer Lueven Investments (Pvt) Ltd is seeking to establish a  10 megawatt (MW) solar photovoltaic power plant in Marondera.
Posted On 13 Jan 2016

S.A mining union to fight planned 700 job cuts

JOHANNESBURG  – South Africa’s National Union of Mineworkers (NUM) said today it would fight plans by Dilokong Chrome Mine to cut up to 700 jobs, appealing to the mines minister to intervene.
Posted On 13 Jan 2016

Rand recovers as investors cheer China trade data

JOHANNESBURG - South Africa’s rand climbed as much as 1,5 percent against the dollar today, mainly reflecting a recovery in global risk appetite after better-than-expected Chinese trade data.
Posted On 13 Jan 2016

China holds line on yuan, stocks weaken again

SHANGHAI – China’s central bank held the line on its yuan for a fourth straight session today while putting the squeeze on offshore sellers of the currency, calming fears of a sustained depreciation – at least for now.
Posted On 13 Jan 2016

Stay away from consumptive borrowing – The Economist’s Advice

By Persistence Gwanyanya We emerged from the year of learning, “Gore rezvidzidzo”, more enlightened than before. For those who have had the opportunity to learn, let your candles of knowledge light the minds and souls of those who missed this opportunity. Knowledge
Posted On 13 Jan 2016