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Jeffrey Gogo Climate story
PURSUANT to my discussion a week ago, this week I want to continue looking at the opportunities and challenges presented by the use of clean sustainable energies as tools for driving low-carbon development in Zimbabwe. In my previous
NSSA takes over RMB
Business Reporter
A BOARD restructuring is imminent at Renaissance Merchant Bank after the National Social Security Fund gained control of the bank, having acquired an 84 percent controlling stake last week for a cash consideration of US$24 million. RMB curator
ZSE industrial index records 10th consecutive gain
Business Reporter
THE Zimbabwe Stock Exchange sustained its upward momentum of marginal gains, with the industrial index registering its tenth consecutive gain, advancing 2,42 percent last week. All heavyweight counters, with the exception of ABCH, traded in the
PPC to empower community, workers
Bright Madera Senior Business Reporter
PRETORIA Portland Cement, Southern Africa’s biggest cement producer, has agreed to transfer 10 percent of its shareholding to the Community Share Ownership Scheme to comply with the indigenisation and empowerment laws.
Foreign trio nabbed over Egyptian riots
CAIRO – Egyptian police arrested on Saturday an Australian journalist, an American student and their Egyptian translator on suspicion of paying Egyptians to stage protests against the authorities, a security official said. Freelance reporter Austin Mackell, American student Derek Ludovici and translator Aliya Alwi were detained in the Nile Delta city of Mahalla on the same day
US$1bn cement project for Nigeria
IBESE – Chinese company Sinoma has completed a US$1 billion cement plant in Nigeria that has the capacity to produce 6 million metric tonnes of cement a year. The plant which is owned by Dangote Cement Group was formally unveiled last Thursday evening by Nigerian President Goodluck Jonathan at Ibese in southwest Nigeria’s Ogun State. In February 2008, the
More Chinese footprints in US
WASHINGTON – On January 17, days ahead of the Chinese Year of the Dragon, a roaring celebration featuring traditional Chinese dragon and lion dances was held at the local Hilton hotel. It was part of the “Welcome” programme launched in 62 Hilton hotels and resorts worldwide to serve guests from China, a key source of growth for the hotel chain. For global affairs
Weapons, recognition next for Syria opposition?
PARIS – Paralysis at the UN and a rejection of direct military intervention in Syria have made a Libya-style scenario increasingly likely: arms deliveries and recognition of the rebels as sole interlocutor. Since Russia and China on February 4 blocked UN Security Council action and President Bashar al-Assad’s forces intensified their assault on protests, calls for action
British bankers arrested in tax probe
LONDON – Several British bankers have been arrested as part of an investigation into alleged tax-related criminal offences, the country’s customs and revenue service said yesterday, including some from Royal Bank of Scotland. “As a result of an ongoing HMRC investigation into tax-related criminal offences, HMRC has arrested a number of people, some of whom work for UK
India’s election body seeks action against law minister
NEW DELHI – India’s independent poll panel has sought President Pratibha Patil’s intervention against the Law and Minorities Affairs Minister Salman Khurshid for flouting election rules while campaigning in northern state of Uttar Pradesh. “The Election Commission (EC) is shocked that instead of being remorseful about the violation of the Model Code, that carries the consensus of