Respect for property rights vital to prosperity

Respect for property rights vital to prosperity http://www.thezimbabwean.co.uk Zimbabwe’s frequent appearances in the world’s news bulletins are usually describing the unacceptable conduct of its pre- and post-independence politicians, rather than their achievements. Have things changed enough to suggest that its leaders are deserving of a break?13.11.12 by John Robertson Considering the advantages that these people squandered, it would …

Reviving Zim industry

Reviving Zim industry http://www.theindependent.co.zw/ November 9, 2012 in Opinion It is widely known that one of the key areas of Zimbabwe’s embattled economy that has become very weakened is the manufacturing sector. Report by Eric Bloch The decimation of industry has occurred nationwide, but has had a marked impact upon the industrial sector of Bulawayo, which for …

Shareholders to be held liable for bank collapses

Shareholders to be held liable for bank collapses http://www.theindependent.co.zw/ November 9, 2012 in Business TREASURY is finalising sweeping amendments to the Banking Act which will, among other things, see shareholders being held responsible for bank failures. Report by Paidamoyo Muzulu/Clive Mphambela The amendments will compel impromptu and mandatory stress tests, limit the number of shares an individual can …

Reveal source of US$20m, Mugabe told

Reveal source of US$20m, Mugabe told http://www.newzimbabwe.com 03/11/2012 00:00:00by Gilbert Nyambabvu COALITION parties have demanded that President Robert Mugabe explain the source of the US$20 million used to finance an agricultural input scheme the Zanu PF leader launched in Harare Saturday. Said to have been financed by “well-wishers”, the scheme is expected to give free agriculture inputs to …

Foreign investors push the bourse to US$4bn

Foreign investors push the bourse to US$4bn http://www.thestandard.co.zw November 4, 2012 in Business MARKET capitalisation on the Zimbabwe Stock Exchange (ZSE) was back at US$4 billion last month driven by the participation of foreign investors after over a year below the mark, according to officials from the bourse. Report by Our Staff Market capitalisation represents the aggregate …

Zim/SA Joint Co-operation Commission meeting opens

Zim/SA Joint Co-operation Commission meeting opens   Monday, 29 October 2012 00:00 View Comments Herald ReporterTHE fourth session of the Zimbabwe/South Africa joint permanent commission opened in Pretoria, South Africa yesterday with the two countries expressing optimism that bilateral relations between the two neighbouring states will grow stronger. South Africa is Zimbabwe’s biggest trading partner, …

IMF report on Zimbabwe

IMF report on Zimbabwe http://www.theindependent.co.zw/ October 26, 2012 in Opinion ON September 21, 2012, the Executive Board of the International Monetary Fund (IMF) concluded Article IV consultation with Zimbabwe. Find below an abridged summary of its findings. AFTER a prolonged period of economic and political crisis, Zimbabwe’s economic stabilisation and recovery began with the end of hyperinflation in 2009, …

…as investors fret on indigenisation

…as investors fret on indigenisation http://www.theindependent.co.zw/ October 19, 2012 in Business SOUTH African businesspeople in Zimbabwe on a trade and investment mission have expressed apprehension over the country’s Indigenisation Act, saying it exposed policy inconsistencies and contradictions within the coalition government. Report by Faith Zaba The businesspeople, part of the delegation of 33 companies led by their Trade and …

SA keen to invest in Zimbabwe

SA keen to invest in Zimbabwe http://www.theindependent.co.zw/ October 19, 2012 in Business SOUTH African Trade and Industry deputy minister Elizabeth Thabethe (pictured) (ET) is in Zimbabwe, leading a trade and investment delegation of 33 companies. Report by Faith Zaba Zimbabwe Independent News Editor Faith Zaba (FZ) spoke to her on Wednesday on several issues including trade, investment, indigenisation …

Masvingo Mayor blames land reform

Masvingo Mayor blames land reform http://www.theindependent.co.zw/ October 19, 2012 in News MASVINGO mayor Femias Chakabuda has blamed the demise of the country’s oldest town on the chaotic fast track land reform programme which destroyed a once thriving cattle ranching industry that was the backbone of the city’s economy. Report by Staff Writer Masvingo was home to the largest …