adminStandard Chartered employees await no settlement certificate
Business Reporter
STANDARD Chartered Bank employees are yet to get a certificate of no settlement to pave way for an industrial action compelling their employer to pay decent salaries in line with other banks.
The workers through their representative, the Zimbabwe Banks and Allied Workers Union (Zibawu), recently issued a 14-day industrial action notice, which expired on 20 December to compel their employer to adjust their salaries as well as discuss on Employee Share Ownership Scheme.
Association assures nation of adequate poultry supplies
Business Reporter
THE Zimbabwe Poultry Association (ZPA) has said it has adequate chicken supplies to meet the national demand during this festive season.
AirZim plane released
AirZim plane released
Harare — The Air Zimbabwe Boeing 767-200 which was seized in London last week over a debt owed to a United States-based company has returned, an official said on Sunday.
China, Japan plan direct currency exchange agreement
China and Japan have unveiled plans to promote direct exchange of their currencies in a bid to cut costs for companies and boost bilateral trade.
The deal will allow firms to convert the Chinese and Japanese currencies directly into each other.
Samsung buys out Sony LCD venture
Samsung Electronics has agreed to buy out Sony’s entire stake in their liquid crystal display (LCD) joint venture.
The Korean electronics maker said it will pay Sony $939 million in cash for its stake.
Lagarde warns global economy threatened
Paris — The head of the International Monetary Fund said the world economy was in danger and urged Europeans to speak with one voice on a debt crisis that has rattled the global financial system.
In Nigeria last week, Christine Lagarde said the IMF’s four percent growth forecast for the world economy in 2012 could be revised downward, but gave no new figure.
Investors prefer Nigeria to South Africa
Global private equity players prefer to invest in Nigeria rather than South Africa, saying the latter is “over-invested”.
This was the view of a panel of discussants at the recent SuperReturn Africa conference in Kenya, one of the many private equity conferences held on the continent this year.
The panel was hosted by Will Jimerson, the Executive Director of Musa Capital.
Chelsea’s title hopes fade
Chelsea’s fading Premier League title hopes suffered a huge blow as Fulham hit back to earn a battling draw in a lacklustre west London derby.
Jose Mourinho eyes return to England
Jose Mourinho eyes return to England
Former Chelsea boss Jose Mourinho has said his next step in management will be a return to the Premier League.
Boxers urged to take medical examinations
By Thandiwe Moyo
PROFESSIONAL boxers have been urged to take their medical examinations as there are a number of tournaments, both local and international, lined up for next year.
The Zimbabwe Boxing and Wrestling Control Board secretary Patrick Mukondiwa said there were a number of inquiries through the association about some boxers.
“We have had a number of international promoters inquiring about some of our local boxers. We urge the boxers to go for their medical examinations so that they are cleared and are able to take part in the tournaments,” he said.