Local seed firm taps into Tanzania

Quton, a subsidiary of Seed Co (Pvt) Ltd, has acquired a state-of-the-art acid delinting plant which it plans to set up in Tanzania to meet the growing demand for cotton seed on the continent, an official said last week. Acid delinting plant uses acid to separate cotton seed and lint. Seed Co acquired Quton,

NRZ needs US$400m to get back on track

Business Reporter
THE National Railways of Zimbabwe needs as much as US$400 million in the short to medium term to recapitalise. Speaking after touring the Harare-Chinhoyi railway line recently, NRZ public relations

President to launch industrial, trade policies

Business Reporter
PRESIDENT Mugabe is expected to officially launch the country’s Industrial Development Policy and the National Trade Policy in Harare on Thursday. This was said by the Minister of Industry and

Ethics enhance competitiveness

Bradwell Mhonderwa Business Ethics
Business ethics has grown globally over the years to become a strategic management discipline just as Information Technology, HR management, and other management disciplines have evolved to

Royal out of the woods

Business Reporter
KENYA-based financial services group Commercial Bank of Africa is set to acquire a 49 percent stake in Royal Bank, which will enable it to meet the minimum capital requirements set by the Reserve Bank of

Goche, Biti in Brazil

Business Reporter
TRANSPORT, Communication and Infrastructure Development Minister Nicholas Goche and his Finance counterpart Tendai Biti are today expected in Sao Paulo, Brazil, to meet representatives of Brazilian

The Congo conundrum: Truth catches up with Obama

Antoine Roger Lokongo
As US president Barack Obama’s re-election bid approaches, his supporters are making sure that “the wretched of the earth”, the Africans, accustomed to unending plights (HIV/Aids, “civil wars”,

Okonjo-Iweala speaks on World Bank

EMERGING economies must be given a fair shot at leading the institutions at the heart of global finance or they will end up going their own way, a challenger for the top job at the World Bank, Nigerian Finance Minister Ngozi Okonjo-Iweala said yesterday. “The balance of power in the world has

Embassy inaugurates ‘Cuban Night’

Entertainment Editor
The Embassy of Cuba with the support of a Zimbabwean who graduated in  Cuba,  inaugurated the monthly “Cuban Night” in a city restaurant, as a way of approach to the culture of the Major of the

Music runs in their blood

Richmore Tera Arts Correspondent
WHEN one talks of families that have made it big in the music industry, the likes of the “‘Jackson Five”’ easily come  to mind. The Jackson family has been engraved into the halls of fame for their

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