KP shifts goalposts on Zim visit

Business Reporter
THE Kimberley Process Certification Scheme has requested to make changes to its delegation scheduled to visit the country on a fact-finding mission. The delegation, consisting of

Fidelity Life seeks US$1,5 million

Bright Madera Senior Business Reporter
ZIMBABWE Stock Exchange-listed Fidelity Life Assurance is seeking to raise US$1,5 million in Malawi through a private placement to meet solvency requirements for its operations

Bonnezim assets go under the hammer

Martin Kadzere Senior Business Reporter
THE first sale of Bonnezim assets, the agro-processing firm now under liquidation, went through this week with assets, including machinery, under the hammer. Bonnezim, processors of

US$15m rights offer proposal raises stink

Business Reporters
EVENTS unfolding at Afre Corporation Limited on the planned shareholder meetings clearly point to crumbling corporate governance systems. Afre had called the meetings to seek

Old Mutual complies

Martin Kadzere Senior Business Reporter
OLD Mutual has moved a major step towards complying with the indigenisation regulations after agreeing to immediately localise 25 percent of its equity. But Standard Chartered

Ethanol plant: Right step in economic emancipation

The Chisumbanje ethanol plant, capable of producing up to 40 million litres a month from sugarcane, is finally in production and Zimbabwe will soon be returning to a gasoline-

Smokers risk memory loss

PEOPLE who smoke could lose around one third of their everyday memory, researchers say. A study by a team at Northumbria University has shown that smokers lose more of their memory

Man (21) rapes dog

A MAN was caught raping a dog inside a toilet in Mabopane, police said on Tuesday. “The animal suffered internal injuries that would have made its life difficult,” said Tshwane

35 bodies dumped in highway

SUSPECTED drug traffickers drove two trucks to a main avenue in a Mexican Gulf coast city and dumped 35 dead bodies during rush hour while gunmen stood guard and pointed their

Land reform alleviating poverty: President

From Morris Mkwate in New York
ZIMBABWE has moved closer to alleviating poverty in different parts of the country following the successful

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