Zimbabwe needs SME export, promotion agency

Gift Mugano Business Correspondent
DID you know that there are 23 million SMEs in the EU which represent 99 percent of businesses, and are a key driver for economic growth, innovation, employment and social integration? The European

CBZ to reduce advances

Golden Sibanda Business Reporter
CBZ Bank Limited will this year significantly reduce loan advances from deposits, to strike a balance between deposits and outflows. But the bank will maintain the tempo in mobilising external lines of

ABC Holdings mulls US$50m rights issue

Golden Sibanda Senior Business Reporter
PAN-African financial services group ABC Holdings is mulling floating a US$50 million rights offer to support its regional operations. This comes at a time the group is sweating over the US$100 million new

Interfin, Remo suspended from ZSE

Martin Kadzere Senior Business Reporter
THE Securities Exchange Commission has suspended Remo Investment Brokers and Interfin Securities for allegedly conducting non-permissible activities. Central to the alleged non-permissible activities

Pensioner spends 25 years carving own coffin

An 89-year-old man has painstakingly created his very own sarcophagus from prime cedar wood and even plans to be fully mummified when he dies — just like a Pharaoh. He’s crafted the casket by teaching himself expert carpentry skills from scratch and studying ancient Egyptian designs through

Chinese police shut down fake website

BEIJING — Chinese police said in a statement on Tuesday they had shut down a fake police service website and arrested four suspects. The website was named “China Internet supervision and investigation authority” and had the address www.wangjing110.com — a combination of the Chinese

Motorist gets 18 months for running over cop

Court Reporter
THE Bulawayo man who last year ran over a policeman at a roadblock and sped off, resulting in the policeman’s death has been convicted and sentenced to an effective 18 months in jail.

Chelsea risk pays off against Benfica

Roberto di Matteo said his bold selection policy was vindicated after Chelsea took a big step towards the Champions League semi-finals.

Balotelli gatecrashes Inter Press conference

Manchester City’s Mario Balotelli has gatecrashed new Inter Milan boss Andrea Stramaccioni’s first Press conference, during a surprise visit to his ex-club.
The 21-year-old striker unexpectedly walked in, to laughter from the crowd, and shook hands with Stramaccioni, who exclaimed: “What a surprise!”

US fail to qualify for London 2012

The United States missed out on London 2012 after a 95th-minute goalkeeping error by Sean Johnson resulted in a surprise 3-3 draw against El Salvador.
Jaime Alas’ equaliser meant El Salvador instead have gone through to the semi-finals of qualifying Group A.

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