Shaft collapses on panner

Beitbridge Bureau
A 71-YEAR-OLD suspected gold panner died when the walls of a shaft he was working on collapsed on him along Umzingwane River in Novhe area of Beitbridge. Jason Moyo of Mberengwa had visited his in-laws in Beitbridge when tragedy struck. Police

Call to use plastic money

Agriculture Reporter
THE Zimbabwe Farmers Union will at the start of this year’s tobacco marketing season partner some banks in educating farmers to use plastic money. In an interview in Harare yesterday, ZFU executive director Mr Paul Zakariya said the economy was going

Xin named top diplomat

Herald Reporter
CHINESE Ambassador to Zimbabwe Mr Xin Shunkang last week scooped the Diplomat of the Year Award Asia 2011 and first runner up award for the best dressed male diplomat sponsored by the Diplomat Magazine. The two prestigious awards were in

Civil service audit complete

Herald Reporter
THE Public Service Commission has completed the verification and validation of the payroll and skills audit conducted by Ernest and Young of India and dismissed allegations of ghost workers. Only a few irregularities were unearthed. The draft

Plant to produce 750 000l fuel daily

Peter Matambanadzo in CHISUMBANJE
THE Chisumbanje Ethanol Plant projects to produce at least 750 000 litres of ethanol per day

Generate ideas that benefit economy, UZ told

Herald Reporter
THE University of Zimbabwe has been urged to come up with ideas that benefit the economy

Lobels mulls sale of assets to pay debts

Bright Madera Senior Business Reporter
LOBELS Holdings Limited is due to hold a meeting soon to persuade creditors to approve the disposal some of its Lobels Bread assets to pay off its debts. The meeting has been scheduled for February 22, 2012. The order of court to convene the scheme

New rescue plan for RioZim

Martin Kadzere Senior Business Reporter
RIOZIM is due to announce a new rescue plan amid indications the company now intends to raise about US$47 million through a combination of rights offer and private placement. Managing director Mr Josh Sachikonye said yesterday of the

Investment roadshow set for SA

Business Reporter
A high-powered business delegation will early next month embark on a roadshow in South Africa to promote trade and investment between the two countries. The Ministry of Economic Planning and Investment Promotion will lead the show

ANC rules out mine nationalisation

CAPE TOWN. – Nationalising South Africa’s mines is not a viable option for the country’s key sector and has been ruled out by the ruling party, the mines minister said yesterday, in a move welcomed by industry. “We have consistently maintained that nationalisation is not the policy either of government or the ruling party,” Mineral Resources Minister Susan Shabangu

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