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Thursday, May 23rd
Headlines:
Business
Zesa under probe PDF Print E-mail
Thursday, 16 May 2013 00:00

Martin Kadzere and Golden Sibanda
THE National Economic Conduct Inspectorate has instituted investigations into Zesa Holdings, which has resulted in the suspension of the top brass within the utility’s subsidiaries. Sources at the company said the NECI probe, which began two weeks ago, covers a wide spectrum of issues, which

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Mercury and environment PDF Print E-mail
Wednesday, 15 May 2013 00:00

What is mercury?
Mercury is a highly toxic element that is found both naturally and as an introduced contaminant in the environment.

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Puma cuts full-year targets PDF Print E-mail
Wednesday, 15 May 2013 00:00

FRANKFURT. —  German sportswear giant Puma said yesterday it is revising downwards its full-year targets after business was hit by the “challenging” environment in the first three months of this year.

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German investor sentiment stabilises PDF Print E-mail
Wednesday, 15 May 2013 00:00

FRANKFURT. — Investment sentiment in Germany stabilised in May following a sharp decline the previous month, but fell short of analyst expectations, a new survey found on yesterday.

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Japan’s Sharp posts record annual loss PDF Print E-mail
Wednesday, 15 May 2013 00:00

TOKYO. — Japanese electronics giant Sharp yesterday posted a record annual loss for the second year in a row, and announced plans to replace its current chief after just one year on the job.

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EU support on the slide PDF Print E-mail
Wednesday, 15 May 2013 00:00

BRUSSELS. —  Popular support for the European Union and greater economic integration to combat the debt crisis has fallen sharply, especially in key member France, a Pew Research survey shows.

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Audi exceeds BMW, Mercedes in sales PDF Print E-mail
Wednesday, 15 May 2013 00:00

Shanghai. — Volkswagen AG’s Audi posted the fastest pace of sales growth among German luxury marques in China last month after it sold more sport-utility vehicles.

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Top performers get recognition at ZNCC awards night PDF Print E-mail
Wednesday, 15 May 2013 00:00

Business Reporter
FOUR individuals and six companies walked away with awards in various categories during the Zimbabwe National Chamber of Commerce awards last Friday.

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Afre to rebrand PDF Print E-mail
Wednesday, 15 May 2013 00:00

Business Reporter
Africa First ReNaissance Corporation Limited (Afre) is rebranding to First Mutual Holdings Limited in order to boost its visibility on the market.
This follows recommendations by an independent consultant who conducted a survey that revealed that the current brand had low visibility in the

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NRZ woos private sector PDF Print E-mail
Wednesday, 15 May 2013 00:00

THE National Railways of Zimbabwe is inviting companies to engage in public private partnerships to enable it to revitalise its infrastructure.
This comes as the parastatal has not yet received the US$9 million that it was allocated under the Public Sector Investment Programme in the last

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Marange, Core Mining dispute rages on PDF Print E-mail
Wednesday, 15 May 2013 00:00

Business Reporter
THE High Court has issued an order interdicting arbitration proceedings in a shareholding dispute between Mr Lovemore Kurotwi, a director of Core Mining and Minerals (under liquidation), and State-owned diamond firm Marange Resources.

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Farmers press for a reduction in land tax PDF Print E-mail
Wednesday, 15 May 2013 00:00

Cathrine Biswick Herald Reporter
The Joint Farmers’ Union Presidents’ Council has urged rural district councils to reduce land tax and cattle sales levies to enhance the livelihoods of the majority of farmers who depend on agriculture.

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