adminChevron: Brazil oil seep different from old spill
RIO DE JANEIRO/NEW YORK — Chevron, the Number two US oil company, yesterday said oil from a new seabed seep at its Brazilian offshore field is chemically different to crude from a November spill, suggesting the two leaks are unrelated. Oil from a seep found this month 3 km from Chevron’sTriumph of machine politics
John PilgerIn 1963, a senior Australian government official, AR Taysom, deliberated on the wisdom of deploying women as trade representatives. “Such an appointee would not stay young and attractive forever
Nkomo reassures investors
Martin Kadzere Senior Business Reporter
VICE President John Nkomo has urged foreign investors to consider Zimbabwe their investment destination of choice while insisting the indigenisation programme was not meant to scare them off.
Essar to invest US$4bn in Zim
Business ReporterESSAR Global, the majority shareholder in Newzim Steel, says it will invest about US$4 billion in Zimbabwe’s steel industry in the next 10 years. Resident director for Africa, the Middle East and Turkey
Ariston Holdings gears for profits
Business ReporterARISTON Holdings projects a US$4,2 million profit in the fifth year after a US$8 million capital injection it intends to raise through a rights offer. The company revealed the target in a statement yesterday after
Govt to dispose of 49pc Agribank stake
Bright Madera Senior Business ReporterGovernment has engaged independent advisors for the restructuring of Agribank through a private placement of 49 percent shareholding to a strategic partner. Agribank, owned 100 percent by the
Zim lacks expertise to deal with climate change: Study
Zimbabwe lacks the technical expertise and institutional capacity to mitigate and adapt to climate change, a study has revealed. Environment and Natural Resources Management permanent secretary Ms Florence Nhekairo announced the findings at a function to commission the joint programme to intensifyKabanda: Gem from the ghetto
Bright Madera Senior Business ReporterWHENEVER the word “ghetto” is mentioned it is associated with, poverty, dirt and other negative stereotypes. Inferiority is cast upon those who grow up in such neighbourhoods, but in contrast the
Quest changes face of motor industry
Bright Madera Senior Business ReporterTHE recommissioning of the Mutare vehicle plant by Quest Motor Corporation has changed the face of the motor industry in Zimbabwe and gave life to the city through employment creation. Quest says it
Mujuru launches Zim tourism brand in India
Walter Muchinguri in New Delhi
Vice President Joice Mujuru yesterday launched the country’s national tourism brand “A World of Wonders” at Lalit Hotel in central Delhi during a well-attended Zimbabwe Day dinner. The tourism