Zimplow shareholders to approve dividend

Business Reporter
ZIMPLOW Ltd will seek shareholders’ approval later this month for the payment of a final dividend for the full year to December 31, 2011. Last month, Zimplow’s board of directors proposed a final dividend

The art of chairing board meetings

Bright Madera  Corporate News
More often than not we have all come across headlines in newspapers such as “Fireworks expected at . . . EGM/AGM”. At times the fireworks do not explode and in the case that the fireworks do detonate,

Consult, consult, but don’t overdo it

Ben Chiganze  Bass fisherman’s approach
In my last instalment, I wrote about the importance of consultation and I used the example of cultural rites conducted by the Maungwe people. I would like to continue exploring this concept while

Truworths earnings slump

Bright Madera Senior Business Reporter
TRUWORTHS earnings for the six months to January 2012 dropped 56 percent to US$698 000, weighed down by high operating costs, making up 42 percent of turnover. The clothing retailer showed

Locals take over Prime Stock Brokers

Martin Kadzere Senior Business Reporter
INVICTUS, a consortium of local investors led by fund manager Mr Ritesh Anand, has acquired a 70 percent stake in Prime Stock Brokers, by answering a capital call on behalf of existing shareholders.

Trust Bank courts foreign investors

Golden Sibanda Senior Business Reporter
TRUST Bank is courting international investors, with talks now said to be at an advanced stage for a US$20 million capital injection to enhance its loan underwriting capacity. The bank said this week that

China takes French fashion scene by storm

PARIS. — Chinese stars dot the front rows, a new designer from the country joins the runway calendar, and its retailers scout the city for talent: China’s love affair with style is on full view at Paris Fashion Week. Outside the French capital’s Rodin Museum last  Friday, paparazzi clustered around after the

Chivaviro’s book ideal for youths, couples

South African-BASED pastor Apostle Toggie Chivaviro of the Assemblies of Pentecostal Methodists has published a book that is set to make a positive change in the lives of today’s youths and couples.
The book deals with life-challenging questions about relationships, marriage and sex, issues that are

Beverly turns to ‘Borrowdale’

Ruth Butaumocho Entertainment Editor
Chipinge revellers get rare treat
One of Harare’s popular pole dancers, Beverly Sibanda, known in the entertainment circles as Bev, is

Bin Laden not buried at sea?

The body of Al-Qaeda leader Osama Bin Laden was not buried at sea, according to leaked e-mails of intelligence firm Stratfor, as revealed by WikiLeaks. Stratfor’s vice-president for intelligence, Fred Burton,

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