ICTs — Opportunity for women empowerment
ZWRCN Desk Women Empowerment
When the Zimbabwe Women Resource Centre and Network issued out a call for women to register for basic computer skills training in November last year, the response was overwhelming, highlighting the hunger for technology among women in
New taxes insensitive
Jeff Gogo
THE euphemism of protecting and promoting the domestic manufacturing industry through raising taxes on imported goods is now predominantly tired, weak and, perhaps, out of time. Protectionism as a policy for encouraging and improving local
Greece pushes for debt deal, Italy unleashes reforms
ATHENS. – Greece raced last week to clinch debt and bailout funding deals as Italy was set to launch a vast programme of liberalisation reforms aimed at breathing new life into the economy. Greek Prime Minister Lucas Papademos was scheduled to meet again with global bank group representatives after talks last Thursday as his finance minister held discussions with
Moody’s downdrades Japan’s Sony, Panasonic
TOKYO. – Ratings agency Moody’s on Friday downgraded Japanese electronics titans Sony and Panasonic, giving both companies a negative outlook. The agency lowered its assessment on debt issued by Sony to Baa1 from A3, citing “weak and volatile” earnings. It downgraded Panasonic to A2 from A1, saying its analysts were concerned “that the weakness in Panasonic’s
West Group eyes debt-free Red Star
Golden Sibanda Senior Business Reporter
WEST GROUP is now waiting for starafrica to conclude the liquidation of Red Star Holdings Limited, as it considers acquiring the firm as a debt-free shell. It is also planning to reactivate its listing on the Zimbabwe Stock Exchange. While
Firms urged to start paying dividends
Bright Madera Senior Business Reporter
ECONOMIC challenges of the hyperinflationary period, characterised by liquidity problems, declining output and reduced profitability have prevented many companies from paying dividends. Most companies were concentrating on value
Tobacco floors ready for 2012 season
Walter Muchinguri Assistant Business Editor
PREPARATIONS for this year’s tobacco season, which starts on February 16, are almost complete at the four floors licensed to handle tobacco sales this season. The floors include Tobacco Sales Floor, Boka Tobacco Auction Floors, Millennium
Protesters storm Libyan govt HQ
BENGHAZI – Mustafa Abdel Jalil, the head of Libya’s ruling National Transitional Council, warned yesterday that the country could be heading towards a “bottomless pit” after protesters stormed a government office in Benghazi. Protesters stormed and lobbed grenades at the NTC’s Benghazi headquarters on Saturday while Abdel Jalil was still in the building. He told
2012: A Bahá’í perspective
Flora Teckie
It is the beginning of a new year that brings with it new hopes, new dreams and new aspirations for us all. We all began the 2012 with joy and expectation towards a better world, an environmentally sustainable and just future. Let us mark this new
Copac should not be a battleground
Albert Nhamoyebonde
A political battle ground is being prepared on the constitution making process to the detriment of the values and principles that should be enshrined in the new constitution. A recent programme aired on television in which a panel was discussing


