adminGold eases as euro dips, heads for weekly gain
London. – Gold eased on Friday, taking a breather from last week’s march higher as the euro dipped and other assets rose, but stayed on track for its biggest two-week rise in two months as investors returned to the market after last month’s price drop.
Spot gold was down 0,5 percent at US$1 641,80 an ounce, while US gold futures for February delivery were down US$4,50
GM plans to invest US$1 billion in Russia
DETROIT. – US car giant General Motors will invest US$1 billion in Russia over five years to more than double production by 2015, the managing director of its Russian operations said.
“The reason we are there is we see opportunity,” James Bovenzi said last week at a dinner event organised by the US-Russia
Let us respect indigenous knowledge
Jeff Gogo Climate Story
A MAJOR drawback for developing countries, including Zimbabwe, is the exclusion of the ordinary individual being, and his or her indigenous genius from mainstream climate change policy and action.
Delta deal busts records
Bright Madera Senior Business Reporter
THE Zimbabwe Stock Exchange recorded its biggest deal since dollarisation after a foreign buyer bought 24 686 561 Delta shares valued at about US$17 million in a “book over” deal.
ZSE expected to end listing drought
Business Reporter
THE Zimbabwe Stock Exchange is expected to end its listing drought this year as regional and international companies are planning to list in order to raise capital and to comply with the country’s empowerment laws.
New investors eye Lobels takeover
Golden Sibanda Senior Business Reporter
A CONSORTIUM of local businessmen with links to the Confederation of Zimbabwe Industries is reportedly lining up to take over the financially troubled bread-maker Lobels Holdings Limited.
Monte Carlo fails to live up to expectations
Joel White
Film: Monte Carlo
Cast: Selena Gomez, Leighton Meester, Katie Cassidy, Cory Monteith, Andie MacDowell, Pierre Boulanger, Brett Cullen.
Director: Thomas Bezucha Cinema: Eastgate
Boost for Ernest Kadungure project
Herald Correspondent
Twenty-five youths projects have become the latest beneficiaries of the economic empowerment programme after receiving sows for their piggery projects.
‘Hip-hop gospel deserves recognition’
Mandla Dingani Entertainment Reporter
Up and coming hip-hop gospel artiste Ill Ceey has expressed displeasure with the reception the genre is receiving from Zimbabweans.
Like father like daughter
Vimbai Sibanda Entertainment Reporter
Nongoma Ndlovu, the daughter to veteran singer Themba Ndlovu, appears to be following in her father’s footsteps.
She is set to release her debut album titled “The Mirror” in April this year.