Archive for the ‘Business’ Category

Diamond trading group bans Zimbabwe gems

Diamond trading group bans Zimbabwe gems

A global diamond trading network vowed Monday to expel any member who knowingly trades gems from two Zimbabwe mines where laborers have been killed and children enslaved.

Outrage over diamond profit breakdown

Outrage over diamond profit breakdown

How a business can incur nearly 80 percent in production costs operating in an area where the diamonds are already close to the surface has been described as scandalous.

African ministers in Zim on diamond mission

African ministers in Zim on diamond mission

Zimbabwe will be auctioning its controversial gems on Wednesday despite accusations of ongoing human rights violations by the army. Military generals control the trade.

Chanakira still battling to raise US$15 million

Chanakira still battling to raise US$15 million

Kingdom founder Nigel Chanakira refuses to say whether he has managed to come up with a plan to raise US$15 million Meikles want for him to regain his business.

Econet Wireless enters UK market

Econet Wireless enters UK market

Zimbabwe’s top cellular mobile company Econet Wireless Group has become the first foreign operator to enter the United Kingdom communication market.

Interfin Bank buys disputed CFX shares

Interfin Bank buys disputed CFX shares

Interfin are now liable to my claim due to their attempt to cover up the ownership dispute by rebranding and changing CFX Bank operations. This is clear money and transaction laundering being executed by Interfin Bank argues Gilbert Muponda.

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