Charismatic Zimbabwean religious leader Uebert Angel is on a ‘giving’ spree. A week after giving away a Range Rover Sport, he has now given away a ‘top of the range’ Mercedes Benz to a couple. According to ‘testimony on the Spirit Embassy website, the couple had been driving a battered down truck for a while
Archive for the ‘The Economy’ Category
Prime Minister Morgan Tsvangirai has called on Zimbabweans to work on wealth value systems. Morgan Tsvangirai says Zimbabwean business should add valueNick-Clegg / Foter.com / CC BY In a speech he gave at the Zimbabwe International Business Conference at the ongoing 2013 Zimbabwe International Trade Fair in Bulawayo on Wednesday, Tsvangirai said: Let us now
Standard Chartered says it is still in talks with the Zimbabwe government about ceding ownership to locals. Vicki Robinson, a spokeswoman for the London-based bank said: We remain in discussion with the government of Zimbabwe on this. Standard Chartered has taken the conscious decision to continue to maintain our long-standing commitment to doing business in Zimbabwe.
Harare arts centre Book Cafe has changed its opening times. The place which generally opened throughout the day will now open at 4pm on weekdays and at 2pm on Saturdays. It will now also be open until late. So don’t worry, you will still get six nights a week of live entertainment. Open Mic night
Zimbabwe is ranked as the fifth most visited place in Africa by foreigners according to the latest report. In spite of the bad publicity the country gets it it was placed fifth on the continent, says findmehotels. Egypt in North Africa tops the list with 14 million visitors. It is followed by Morocco with 9.29
Hate it or love it mobile banking is a growing revolution in the art of financial intermediation within Africa and beyond, writes Zim AfriFinance. In Kenya a significant chunk of its Gross Domestic Product is wired through the conduits and innovations of mobile banking. To the financial forecasters this resembles a renaissance of a new phenomenon
Prime Minister Morgan Tsvangirai has just released a statement in which he called for a Parliament probe on indeginisation. In it he made reference to what he called ‘disturbing reports of alleged misdemeanours and corruption in the handling of empowerment transactions for several companies’. He expressed his concern that there was a possibility of only a
Experts say that fuel prices in Zimbabwe will continue to rise over the next two months. There has already been an alarming increase over the last few weeks. Then it was because of the availability of the commodity under threat because of weather conditions in Beira making it impossible to deliver it. Energy minister Elton
Zimbabwe’s international image as a tourism destination continues to improve as it has been awarded a much sought after prize recently. This Top Emerging Travel Destination of 2012 by the Travel and Leisure magazine of China is one of the major travel awards in Asia. Zimbabwe emerged the winner in a process that included competition
So Finance Minister Tendai Biti said yesterday said that Zimbabwe’s bank balance was a measly $217. This of course has become the rage of social media that a whole country could have that little money in its bank account. Cue the usual talk about where the diamond money is of course throw in our favourite
The Zimbabwe Mining Development Corporation has been quoted by state media as denying that it has engaged in a partnership with Meikles Resources to mine diamonds in Marange. We caught wind of this story last week but ZMDC board chairman Mr Godwills Masimirembwa said: There is no partnership to mine diamonds between ZMDC and Meikles.
Meikles has entered into a joint venture with the Zimbabwe Mining Development Corporation (ZMDC) to mine diamonds in Marange reports say. Meikles (ZSE code: MEIK.ZW) will enter this through its mining and resources arm Meikles Resources. The formation of Meikles Resources was reported last year in The Chronicle in November of last year and had commenced exploratory mining operations. Group
Sports and Culture minister David Coltart has called the congestion at the Beitbridge border post between Zimbabwe and South Africa a national embarrassment. Queues stretching for kilometres on the Zimbabwe end have become a fixture of the holiday calendar at the border. This year however has been a lot worse than usual. On his Facebook wall
Microsoft founder Bill Gates is on holiday in Zimbabwe with his family at the moment. He is said to have arrived in the country last week on a six-day private visit, according to the weekly government rag, The Sunday Mail. So much for the world calling Zimbabwe one of the most dangerous places huh. Gates