The regional banking institution said rentals, transport, communication and utilities have emerged as major drivers of inflation in a country that emerged from hyperinflation and economic contraction three years ago. A snap survey by this newspaper has shown that rentals in some high density areas have increased to US$65…

The Escape and the Kuga are almost identical save for a few details. In terms of styling, the grille and foglamps will change for the 2012 Kuga and there will be more chrome elements for the European models as well, with minor changes to the dashboard and centre…

In what was undoubtedly the biggest, most hyped-up car launch in the history of the local motor industry, no fewer than 350 guests gathered in an expansive tented village sheltered under a canopy of msasa trees bordering typical Zimbabwe savannah land. The mix of urban chic and rural…

 It's not by accident that the Chevrolet name carries solid cachet in South Africa as it's been part of the landscape for nigh on a century, but like most things in life, it's had its ups and downs. Given that the Port Elizabeth-based car maker is most definitely on…

But the home credit subsector has slashed repayment periods from between 20 to 25 years to between 10 to 15 years.Commercial Bank of Zimbabwe (CBZ) corporate affairs executive, Lau-rene Gwatiringa said there was a lack of long-term deposits in the domestic market, which had constrained long-term lending.She said…

This was revealed by Finance Minister Tendai Biti during his 2012 national budget presentation, in which he indicated that projections were that a 1,5 percent growth may be achieved in 2012. Construction activity country suffered nearly a decade of underfunding at the height of the country's worst economic…

The time span from the official global press launch to the Zimbabwe launch is much shorter than usual which makes the event all the more exciting and relevant, especially as the Evoque has piled up a veritable cupboard full of international awards within an amazingly brief period.The latest…

The group says arrears during the period under review marginally improved from nine percent of annual revenue in the previous year to eight percent. Growing small to medium scale businesses took up the bulk of office space offered by Mashonaland Holdings Limited (MHL), driving revenue for the year.…

 Having said that, I'm not so sure a former Australian cricketer hasn't gone down the same road but for now, let's stick to cars.There's hardly a manufacturer around who hasn't followed the facelift formula which is invariably applied when a model has been in production for about 60…

Eagle estate board chairperson, Kudzai Chirima, who is the immediate past president of the Zimbabwe Property Developers Association, said the sector's performance remained in a limbo due to high costs for rentals and purchases and property development.The lack of support from the financial sector had compounded the situation,…