adminFBC insurance wing appoints new boss
Business Reporter
FBC Reinsurance Limited has appointed Mr Kleto Chiketsani managing director with effect from March 1. Mr Chiketsani takes over from outgoing managing director Mr Stanley Kudenga who has served in this capacity over the last 10 years. FBC, which
Cyclones claim 25 in Mozambique
MAPUTO. – At least 25 people have been killed as a result of two tropical cyclones that hit central and southern Mozambique over the past two weeks, government officials said yesterday.”Twenty-five people died in the last two weeks as a result of the cyclones ‘Dando’ and ‘Funso’, the highest number of deaths was reported in Zambezia with a total of 16 victims, followed by
Global Fund chief quits
PARIS. – The head of the Global Fund to Fight HIV and Aids, tuberculosis and malaria yesterday said his decision to quit was triggered by a management reshuffle and cuts in spending plans. Michel Kazatchkine was appointed the Fund’s executive director in 2007 had been reappointed for a three-year term in January 2011. But on Tuesday, he announced he would step
Cyberspace’s activist Assange to launch TV series
MOSCOW. – Cyberspace’s most famous activist, Julian Assange, is launching his own talkshow, to be broadcast exclusively on RT.
The programme, written and hosted by the founder of whistle-blowing site WikiLeaks, will focus on his favourite topic: controversy. The show, arguably the most anticipated news series of 2012, will feature 10 “iconoclasts, visionaries and power
Fresh attacks on police in Kano
KANO. – Gunmen threw explosives and opened fire at a police station in a fresh attack in Nigeria’s embattled city of Kano on Tuesday, residents said, four days after co-ordinated bombings and shootouts killed 185 people there. A witness who lives opposite the police station said the assailants came by car, in motorcycles and on foot. “When they arrived at the police station
When donors sponsor war
Munthanga Mutigari
It is time for the global donor community – governments, multilateral agencies, foundations and individual philanthropists – to support a concerted attack on killer infectious diseases in sub-Saharan Africa, including HIV/Aids, tuberculosis and malaria.
Measuring decent work
Wenceslaus Murape At the workplace
Southern Africa is yet to fully implement the Decent Work Programme as lack of labour market information continues to haunt the labour industry in the region. DWP as a programme entails productive work that delivers a fair income, security in
Facebook is mass surveillance
The father of free software philosophy Richard Matthew Stallman spoke to RT on evil developers, spying social networks, the almost-legitimacy of Anonymous hacks and the condition under which he would take a proprietary programme and a million
Thanks for nothing, Obama
The challenges, he said, were real. He called them serious and said there were many. America had gathered because the country had “chosen hope over fear, unity of purpose over conflict and discord,” and proclaimed “an end to the petty grievances and false promises.”
Import duty on clothes to be slashed
Golden Sibanda Senior Reporter
GOVERNMENT will slash recent increases in import duty on clothes and textiles following a public outcry, Finance Minister Tendai Biti has said.
Minister Biti said this yesterday while add-ressing journalists on the state of the economy.
He also revealed plans to liquidate the US$110 million International Monetary Fund Special Drawing Rights to fund key projects.
Treasury had raised duty on textiles and clothing products in the 2012 National Budget Statement.
But there was an outcry after imported products became more expensive for cross border traders.
Presenting a US$4 billion 2012 National Budget Statement late last year, Minister Biti retained duty on selected imports and increased to 40 percent +US$3 (per kg) duty on textile and clothing goods from 40 percent +US$1.