Exploration fees hiked
By Martin Kadzere
GOVERNMENT has raised pre-exploration fees for new diamond projects to US$1 million from US$50 000 to curb speculation in the mining sector.
Mbudzi files appeal
POLITICIAN Retired Major Kudzai Mbudzi, whose property developing firm was placed under reconstruction four years ago, wants the Government order lifted saying he is capable of servicing the debts.Rtd Maj…
Zanu-PF launches Ideological College
Herald ReporterZanu-PF has launched a Party Ideological College aimed at raising political and ideological consciousness while fostering unity within its structures and membership.The college was launched this week at the…
SA not keen on nationalisation
CAPE TOWN. NATIONALISING South Africa’s mines is “not the option”, Mines Minister Susan Shabangu said yesterday in her strongest comments in a year against an idea that has unnerved investors…
Cars banned in future city
Free wi-fi everywhere, streets dedicated to free-flowing public transport, cars banned, and no waste or carbon emissions.While these may sound like far-fetched cities of the future, they are already here.Masdar…
Swiss bank UBS posts profit in 2010
ZURICH.SWISS bank UBS yesterday posted a largely expected annual profit in 2010 for the first time since the financial crisis, with full year net income of 7,2 billion Swiss francs…
MDC split imminent: Analysts
Herald ReportersDeputy Prime Minister Arthur Mutambara’s declaration that he does not recognise Professor Welshman Ncube as MDC president is a harbinger of an imminent split in the party — a…
Oil prices fall as Egypt’s turmoil eases
NEW YORK.Oil prices fell sharply on Monday as concerns about Egypt’s political turmoil affecting oil flows in the region eased and investor focus returned to rising US inventories and a…
European shares lower
LONDON.European shares were lower yesterday in a broad selloff from the previous session’s 29-month closing high, led by defence firm Thales after one of its joint contracts was scrapped.Some strong…
Bills sail through
Herald ReporterThe Home Affairs Ministry has no legal mandate to determine police operational issues, Justice and Legal Affairs Minister Patrick Chinamasa has said.He was responding to questions raised in the…


