adminPension funds oppose debt swap
ATHENS. — Five small pension funds have declared their opposition to a huge debt writedown designed to prevent a sovereign default that has been accepted by several global banks, Greek media reported yesterday. The five Greek funds, which include pensions for self-employed staff,Govt defends new mining fees
THE recent increase in mining fees was aimed at discouraging and making it costly to hold a claim for speculative purposes, a senior Government official said recently. The Government last month increased mining fees in some instances by 5 000 percent through Statutory Instrument 11 of 2012. Registration
Creating a profitable property portfolio
Vengai Madzima Property Guide
A PROPERTY portfolio is a group of investment properties owned by an individual, group or company.
Ownership of a single property may not be classified under a portfolio as it is the primary residence
What does climate change mean to you?
Prechard Mhako Business Correspondent
CANADIAN Inuit activist on climate change and Nobel Peace Prize nominee Sheila Watt-Cloutier once said: “We have to give climate change a human face — it is not all about ‘sinks’, ‘emission’ trading
Mutizwa: A leader par excellence
Cyprian Muketiwa Ndawana
It is now an open secret that Mr Joseph Mutizwa will retire effective May 31, 2012 from the helm of Delta Corporation. As one among the multitude that was privileged to learn from working under his
Real estate firm rebrands
Tawanda Musarurwa Business Reporter
ZIMBABWEAN real estate consulting firm RM Africa Property Consultants has rebranded its property sales and rentals division to Rawson Property. Basically, the local firm’s land and property
Airzim debt keeps investors at bay
Martin Kadzere Senior Business Reporter
THE biggest hurdle that Air Zimbabwe might have faced in securing a strategic equity partner could have been its US$140 million debt. There were several reports on partnership talks between Air
Fidelity Life EPS shoots up 100 percent
Golden Sibanda Senior Business Reporter
FIDELITY Life Assurance of Zimbabwe’s earnings per share increased by 104 percent in the full year to December 2011 as profits doubled on growth in premium income from employee benefits. The
Govt postpones meeting on Zimplats
Business Reporter
THE meeting scheduled for Tuesday between senior Government officials to discuss Zimplats’ non-compliance with the country’s indigenisation and empowerment requirements has been deferred to
Can elections create jobs?
Albert NhamoyebondeWith elections being held on all continents, many political parties have gone overboard in promising the voters that they have the answer to the unemployment crisis. But the question being asked is