adminZim on threshold of serious economic growth
Addressing the CZI Congress in 2005 in Nyanga, I am on record as having pronounced that “Zimbabwe is going to be the fastest growing economy on this planet in the years 2005-2030”. As I write today in 2012, we have roughly 18 years before we can put this pronouncement to test. I believe that Zimbabwe’s high literacy ratio (only second to Tunisia), great climate
Embed ethics management processes
acUnited States-based politician Margaret Chase Smith, once remarked, “The right way is not always the popular and easy way”. Standing for right when it is unpopular is a true test of moral character. For many years, trustworthy people in our firms and public institutions feared persecution if they stood for the right against the wrong. They feared for their jobs and
Gold slips as Greek bailout talks hurt euro, stocks
LONDON. – Gold prices slipped in Europe yesterday, extending the previous session’s 2 percent price drop, as concerns over the progress of talks on a Greek bailout weighed on the euro and on assets seen as higher risk such as stocks and commodities. Spot gold was down 0,5 percent at US$1 717,90 an ounce, while US gold futures for February delivery were
Strain shows in Papademos coalition
ATHENS. – Leaders of Greece’s ruling coalition were steeling themselves for fresh talks yesterday after objections to another round of spending cuts stalled progress on clinching a critical debt rescue package. Despite the looming threat of a disastrous debt default in March, Prime Minister Lucas Papademos could not persuade his socialist, conservative and far-right allies to
Loss-making Mitsubishi to end Europe production
TOKYO. – Japan’s Mitsubishi Motors said yesterday it would stop manufacturing automobiles in Europe by the end of 2012, blaming a difficult operating environment in the debt-hit continent. The Japanese carmaker produces the Colt sub-compact and the Outlander sports utility models at NedCar, a wholly-owned production unit in Born, the Netherlands, with some 1 500
Sable needs $10 million injection
Fertiliser manufacturer Sable Chemicals, a subsidiary of Chemplex Corporation, requires at least $10 million in the short term to revitalise its operations, an official has said.
Liquidity constraints and huge debts owed to service providers especially power utility Zesa have hamstrung operations at the firm resulting in an acute shortage of top dressing fertiliser (Ammonium Nitrate) on the market.
Consumer basket goes up to $576,69
Business Reporter
A low income family of six needed $576,69 to survive in January from $545,35 in December,
Zifa panel referees go for refresher course
Sports Reporter
FOLLOWING last year’s huge outcry over the performance of referees, the Zifa Referee’s Committee are currently polishing up their act ahead of the new season with a refresher course scheduled for Prince Edward this month. The Premiership
Njemani has withstood the test of time
By Kennedy Mavhumashava, recently in Chiredzi South An ancient Shangaan wine, njemani or uchema, has defied time.
Also known as butshema, it is a pure, milky white, palm-tree-based drink traditionally extracted and taken as a food and beer by people in the south-east Lowveld. The alcoholic drink is widespread in Chief Sengwe’s area where the succulent
Find lasting solution to Mat’land water woes
THE perennial water problems in Bulawayo and most parts of Matabeleland need an urgent and lasting solution if all the efforts that are being made to woo investors and resuscitate industries in the region are to bear fruit. While everyone is aware of these perennial water woes, it is high time those entrusted with coming up with a lasting solution leave their ivory towers,