adminZim Saints chairman quits
Sports Reporter
ZIMBABWE Saints chairman Felix Dzumbunu will step down from the club’s executive on 5 February. Dzumbunu confirmed yesterday that he will step down from his post. He said business commitments had forced him to make that decision as a soccer
Sadc responds to maritime piracy threat
Southern Africa has strengthened security in its coastal areas as the tide of maritime piracy treks south and threatens trade along the Mozambique Channel. As Somali pirates venture southwards in the Indian Ocean where they have attacked or seized commercial vessels since 2005, Southern African Development Community (Sadc) member states are taking steps to
Ghana clinch narrow victory
Franceville – Ghana skipper John Mensah turned from hero to villain here yesterday as he netted the winner in the 1-0 Africa Cup of Nations win against Botswana only to see red in the second half. The Lyon defender scored in the 24th minute, when he helped in a corner from the left taken by Emmanuel Agyemang Badu, to bring some life to an otherwise dull start to this
Gaddafi loyalists attack several Libyan towns
Benghazi – Forces loyal to Libya’s late leader Muammar Gaddafi have launched a series of attacks across several cities, killing seven fighters who helped topple the former regime, officials and residents said. The violence on Monday comes as Libya’s new leaders struggle to stamp out lingering resistance from pro-Gaddafi forces and try to unify a deeply fractured
All set for Bob 88 Super Cup
By Ricky Zililo
THE Bob 88 Super Cup roars to life this weekend with defending champions Dynamos taking on Hwange at Barbourfields Stadium while Motor Action and FC Platinum will battle it out at Sakubva Stadium in Mutare. The competition is part of the
Overnight explosions heard in Nigeria’s Kano
Explosions and gunfire were reported early yesterday from an area near a police station in the northern Nigerian city of Kano, where co-ordinated attacks and gun battles last week killed about 178 people. The AFP news agency reported early yesterday that its correspondent heard a series of blasts and gunshots coming from an area where a mobile police
Companies must use $40m fund wisely
WE welcome the release of the $40 million by the Government earmarked for struggling companies in Bulawayo under the Distressed Industries and Marginalised Areas Fund (Dimaf). While $40 million might not be a lot of money given the requirements of industry in the city, we believe this is a good start and underlines Government’s commitment to reviving
Interfin issues $7m agro-bills
Business Reporter
INTERFIN Bank and a fertiliser-manufacturing firm, Nico-Orgo, have issued $7 million agro-bills to support the 2012/13 agricultural season. The agro-bills, whose tenure is 365 days, were offered mid this month with special features that include a
Mauritius’ AfrAsia set to invest $9,5m in Kingdon
Business Reporter
A Mauritian banking group, AfrAsia, is set to take a 35 percent stake in Kingdom Financial Holdings after investing $9,5 million in the financial institution. KFHL is seeking $25 million to racapitalise the group. Last year, the group developed a model to
Indigenisation board begins preps to establish regional offices
Business Reporter
THE National Indigenisation and Economic Empowerment Board (NIEEB) has started mobilising resources to establish regional offices in all the provinces of the country. The setting up of regional offices is part of efforts to ensure the Indigenisation and