adminZimpapers to complement radio with tv
Sydney Kawadza Assistant News Editor
The Zimbabwe Newspapers (1980) Ltd will apply for a television licence to complement its radio licence so that it becomes a
Seized Airzim plane expected tomorrow
Felex Share Herald Reporter
THE Air Zimbabwe plane that was seized in London on Monday last week should be released today and is expected in Harare tomorrow morning, an official has said.
American General Supplies impounded the Boeing 767-200ER at Gatwick International Airport over a US$1,2 million debt.
Airzim acting chief executive officer Mr Innocent Mavhunga said funds deposited into the account of the US-based spares supplier should reflect today and that should be followed by the release of the plane in the evening.
The national airline gets the bulk of its spares from the AGS.
Government bailed out Airzim when it raised all the money needed after threats that the plane, which costs US$144million, would be auctioned if the debt was not settled.
“The money has been deposited and we expect it to reflect today and we hope our plane will depart tomorrow evening (today) and land in the country on Tuesday morning.
Women, too, play a big part Honourable Minister
ZWRCN Women Empowerment
The presentation of the 2012 Budget by Finance Minister Tendai Biti was punctuated with laughter and interjections from
2011 National Budget capital expenditure underutilised
Tawanda Musarurwa Business Reporter
OVER half of the capital expenditure allotted in last year’s National Budget is yet to be utilised. Figures from the 2012
Radar Holdings revises turnover figures
Business Reporter
ZIMBABWE Stock Exchange-listed firm Radar Holdings Limited has adjusted its full-year turnover forecast by 18,9 percent from
Safari operators urged to make use of amended law on tourism capital goods
Legislation to reinstate rebate on capital goods for the tourism sector and suspension of duty on motor vehicles used by safari
Unesco donates to Harare Polytechnic
Tawanda Musarurwa Business Reporter
HARARE Polytechnic’s Division of Mass Communication has received information communication technology equipment
ACR to start gold project next year
Tawanda Musarurwa Business Reporter
AFRICAN Consolidated Resources expects to start phase one production at its Pickstone gold project in Zimbabwe mid-next
CZI demands action on relief funds
Golden Sibanda Senior Business Reporter
THE Confederation of Zimbabwe Industries has drawn comprehensive proposals on the criteria for selecting beneficiaries
Old Mutual throws a lifeline for RioZim
Martin Kadzere Senior Business Reporter
RIOZIM is set to come up with a “revised” recapitalisation scheme and debt retirement strategy after shareholders rejected the