Indigenisation programme rollout awaits President’s return

Business Reporter
IMPLEMENTATION of the ongoing indigenisation drive is expected to commence within the next few weeks. Minister of Youth Development, Indigenisation and Economic Empowerment Saviour Kasukuwere last week told the Herald Business that the indigenisation drive was progressing and would commence as soon as President Mugabe returns from his annual leave. “We will

AAG attacks FMI Energy

Tawanda Musarurwa Business Reporter
EMPOWERMENT lobbyist Affirmative Action Group has accused FMI Energy of reneging on its earlier proposal to give its workers 10 percent of the company’s shareholding. FMI, a subsidiary of Masawara Plc, is apparently seeking to retrench the workers, a move AAG chief executive officer Dr Davison Gomo said is in flagrant breach of the law. “Contrary to an agreed

Establishing taste in Zim visual arts

Dr Tony Monda Art Zone
For years, I have been invited to the homes and offices of Zimbabwean socialites, businessmen and expatriates to appraise and proffer advice on their “collections and taste in art”. Usually, it is the expatriates who have shown better taste and

Theatre opens 2012 with thrilling play

Theatre in the Park Vimbai Sibanda
Theatre in the Park will open its 2012 theatre calendar this week with an exhilarating play titled “The Coup” written by Zimbabwean playwright Stanley Makuwe, who is based in New Zealand. The play zooms in on a plethora of problems that

Macheso ‘recruits’ Peter Moyo, Tryson

Richmore Tera Arts Correspondent
SUNGURA ace Alick Macheso continues with his mission of supporting upcoming artistes as he ropes in Peter Moyo and Tryson Chimbetu for his Pamuzinda Highway Escape show on February 3. Macheso has been performing with Tryson as his main

Sibanda bows out

Paul Munyuki Sports Reporter
FORMER Zimbabwe Rugby Union president Sithembilenkosini “Themba” Sibanda is content with the way he ran office during his tenure from 2009 up to last Saturday when he was replaced by John Falkenburg. Falkenburg was the

European stocks, euro retreat amid Greece uncertainty

LONDON. – European stocks and the euro declined on Friday as investors banked recent profits ahead of the weekend and amid uncertainty surrounding Greece’s bid to strike deals over its debt mountain. In European midday trade, the Paris CAC 40 fell 0,50 percent to 3 312,23 points, Frankfurt’s DAX 30 slid 0,46 percent to 6 387,09 points and London’s FTSE 100

Early warning critical in drought mitigation

Jeffrey Gogo Climate Story
THE current unpredictable rainfall patterns in Zimbabwe, compounded by unreliable observations from climate meteorologists, requires policymakers to establish early drought warning and tracking systems to minimise damage and

Iran donates to Mt Darwin District Hospital

Business Reporter
ZIMBABWE can draw lessons from Iran’s experience in use of indigenous knowledge and skills, the Iranian Ambassador to Zimbabwe, Mr Mohammad Pournajaf, has said. The Iranian ambassador was speaking at the donation of an assortment of

Construction of US$3bn power plant set to begin soon

The French consortium granted a licence by Government to set up a US$3 billion thermal power plant in the country is finalising preparations to commence construction, a Cabinet minister has said. When complete, the 2 000MW project to be rolled out over the next four years is expected to alleviate the country’s power woes that have been worsening over the years. The Government

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