European stock markets rise

LONDON.EUROPEAN shares rose on Friday, bouncing from this week’s sell-off but still on track for the biggest weekly fall in nearly eight months as uncertainty in the Middle East kept…

UK economic recovery falters

LONDON.Britain’s economy shrank by a worse-than-expected 0,6 percent in the fourth quarter, official data showed last Friday, as harsh wintry weather hampered prospects of a swift recovery.Gross domestic product –…

Zimplats to get power from Cahora Bassa

By Tawanda MusarurwaPLATINUM miner Zimplats has secured a contract to import electricity directly from the Cahora Bassa Dam, in western Mozambique, to drive its Ngezi Phase 2 expansion .South Africa-based…

RioZim posts full-year loss

Business ReporterHIGH finance costs have severely eroded RioZim profits as the diversified resource firm posted a full-year loss of US$880 000.The ZSE mining group, whose business includes extraction of gold…

Equities gain marginally on stock market

Business ReporterEQUITIES marginally gained last week, largely driven by gains in blue chips and some selected second-tier counters.The industrial index rose 1,3 percent to 159,51 points compared to the week…

Barcelona stretch lead

MADRID.Barcelona moved seven points clear in La Liga after Real Madrid showed plenty of effort but insufficient invention as they drew 0-0 against a well-organised Deportivo La Coruna on Saturday…

West Ham end Liverpool’s unbeaten run

LONDON.Liverpool’s unbeaten run of eight matches under Kenny Dalglish came to an end yesterday as West Ham earned a deserved 3-1 victory over them to move off the bottom of…

Birmingham stun Arsenal

LONDON.A last-minute goal by Obafemi Martins saw Birmingham score a stunning 2-1 League Cup final upset over Arsenal here Sunday as the Gunners’ six-year trophy drought continued.Martins pounced in the…

Sky’s the limit for Nani

PARIS.Nani may be enjoying his finest season to date in a Manchester United shirt, but comparisons with his illustrious predecessor Cristiano Ronaldo remain difficult to avoid.Both are Portuguese internationals, both…

Man gets 20yrs for torching huts, murder

By Daniel Nemukuyu
A BIKITA man was last week jailed for 20 years for setting ablaze several huts and killing an octogenarian

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