Consultations are in progress on the Reserve Bank’s proposal to make building societies, property developers, and real estate agents Foreign Exchange Licensed Property Entities (FELIPES). We will update news on this development in breaking news section of our site when the modalities of operation are clarified.The escalating costs…

Charles RukuniBureau ChiefBULAWAYO — The Zion Christian Church is building a state of the art church and conference centre at its Mbungo Estates about 60 kilometers East of Masvingo along the Mutare Road.The church, which will accommodate between 15 000 and 18 000 people making it one of…

To answer this question, it is necessary to consider the factors that have led to this unprecedented bull-run. The following are considered to be the major drivers of the equity market:(a) Failure by the political players to resolve the political challenges facing the country. Previously investors shelved some…

The cult of the equity fearfully thinks we are into a deep extended recession, as we are moving from Wall Street to “Main Street”, while the policy makers hopefully pray it won’t get worse.One wonders how we found ourselves in such a mess.BackgroundThe curse of modern financial innovation…

Those of you Cdes who have always been opposed to this idea of an all-inclusive government could have been right after all, these people are not all about the people, but about themselves and their Western handlers. This week Mr Boycott decided to sell a SADC Troika meeting…