adminExcise duty bleeds Afdis
Business Reporter
AFRICAN Distillers Ltd recorded a 130 percent improvement in its sales volumes for the second half of 2009, although profitability was constrained by the excise duty charged on its products.
Buy Zimbabwe: The time is now
THERE surely is nothing like an idea whose time has come. The time is now to tell the world to “Buy Zimbabwe”.Yet for many, the Buy Zimbabwe idea is an…
West urged to lift sanctions
Business ReporterMASAWARA Plc chief executive Mr Shingi Mutasa last week revealed that sanctions imposed on Zimbabwe almost derailed their plans to list on the Alternative Investment Market in London.He said…
More flue-cured tobacco sold on first day
Business ReporterA TOTAL of 84 542kg of flue-cured tobacco valued at US$216 666 was sold during the first day of the 2011 tobacco marketing season on Wednesday at an average…
SA cops arrest 32 striking truckers
JOHANNESBURG.South African police said yesterday they had arrested 32 striking truckers who had forced two of their non-striking colleagues off the road, assaulted them and set fire to their trucks.“They…
King to be honoured
Not even in his wildest dreams could Martin Luther King Jr have imagined that he would one day find himself honoured alongside two of America’s best-known and best-loved presidents. But…
Muslim Brotherhood alive in Egypt
CAIRO.
Egyptian youth leaders moved to set up a new political party yesterday as the Islamist Muslim Brotherhood played an increasingly important role in preparing for post-Mubarak elections promised within six months.
Banks poised for profits
Business ReporterINTERFIN Securities has projected that most listed banks are likely to deliver full-year profits for the period up to December last year.The research firm used the changes of assets…
Breast enlargement proves costly
Two British sisters are facing jail after using stolen credit cards to pay for breast enlargement surgery.Rishona Downes (25) and her older sibling Ramona (27) each splashed out more than…
Tsvangirai threatens election boycott
Herald Reporter
MDC-T leader Mr Morgan Tsvangirai has indicated that he is unlikely to take part in elections that are due