Heavyweight counters boost industrial index

Business Reporter
HEAVYWEIGHT counters on the Zimbabwe Stock Exchange yesterday helped the mainstream industrial index close in the positive territory, gaining a marginal 0,02 percent to end at 140,21 points.

‘We will always be grateful to SA’

Sydney Kawadza Assistant News Editor
ZIMBABWE will always remain grateful to South Africa and the ANC leadership for fostering peace in the country, Vice President Joice Mujuru has said.
In an interview at the Harare International Airport shortly after arriving from South Africa where she attended the ANC centenary celebrations in Bloemfontein, Amai Mujuru said Zanu-PF would continue learning from Africa’s oldest revolutionary party.

Zimbabwean sought for Telecel top job

Business Reporter
TELECEL Zimbabwe’s new managing director Mr John Swaim says he will lead the mobile phone operator on an interim basis while the shareholders seek a Zimbabwean to take over.

Promotions bounce back as battle for customers hots up

Fortunate Jaravaza Business Reporter
THE multiple-currency system introduced in Zimbabwe in 2009 has started to bear fruit with most companies in the retail sector now running promotions as they go out of their way lure customers.

Fibre optic project misses target

Logistical challenges have held back work on the fibre optic cable linking Harare and Beitbridge through Bulawayo to the undersea cable in South Africa which was supposed to be completed in December last year, a Cabinet minister has said.

Withholding of amounts payable under contracts

Did you know that all registered business operators are required to withhold 10 percent of amounts payable under contract to payees without valid tax clearance certificates?

No respite for city’s eastern suburbs

Tichaona Zindoga Features Writer
After days of incessant rains, the clear sky over Ruwa and most parts of Harare give Mrs Lynette Murehwa a chance to weed her maize field.
However, Mrs Murehwa is in a quandary.

‘Africa’s economic potential is limitless’

Dr Chinua Akukwe
Africa, the cradle of human civilisation, appears set once again to become a principal bastion of economic prosperity.

PROPERTY GUIDE: Hats off to City of Harare, CABS

Vengai Madzima Property Guide
THE Budiriro property development deal between the Harare City Council and CABS is a welcome move that signalled a refreshing start to the New Year.

US Treasury Secretary meets Chinese leaders

BEIJING. – US Treasury Secretary Timothy Geithner met Chinese leaders yesterday to try to resolve yawning differences over sanctions on nuclear aspirant Iran, a major supplier of oil to the Asian giant.

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