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…

Father seeks custody

A Harare man yesterday claimed that his wife was depriving their daughter of her right to an education by taking her to Apostolic Church services during school days.School authorities who…

Govt prepared to assist retrenchees — Minister

The Government is prepared to assist school-leavers and retrenchees to set up businesses and income-generating projects as a way of reducing unemployment, a Cabinet minister said recently.Retrenchees have expressed fears…

BNC-Glencore deal to calm uneasy investors

Corporate News with Golden SibandaTHE announcement by Mwana Africa that its majority- owned Bindura Nickel Corporation signed an off-take agreement with Glencore International should calm the nerves of uneasy investors.As…

US$40m boost for wheat

The Zimbabwe Commercial Farmers’ Union is on the verge of clinching a deal worth US$40 million with the private sector to support wheat farming this winter, an official has said.In…

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