National salary survey launched

Business Reporter
THE Employers’ Confederation of Zimbabwe in partnership with the Institute of Personnel of Management Zimbabwe has launched a national salaries survey with a view to establish a central

Real estate investment for the ordinary person

Vengai Madzima Property Guide
I have been asked on several platforms to give input and ideas on how the so-called “ordinary man” can become involved and effective in our local real estate. Normally, this question is accompanied by

Funding constraints hampering manufacturing sector

The Ministry of Finance has not yet released funds allocated to the manufacturing sector in the 2012 National Budget, a development that will hinder attainment of the projected 70 percent growth, a Cabinet minister has said. Recovery in agriculture and mining are expected to benefit the manufacturing

More ways to monetise your website

Tonderai Rutsito Ping of IT
Previously, we highlighted the most obvious ways to make money from your website and the strategic moves to make prior to monetising your website. There are actually many ways, but depending with

Minister slams CIA conspiracy theory

SYDNEY. — Australian Foreign Minister Bob Carr yesterday condemned as “recklessly irresponsible” claims by mining billionaire Clive Palmer that the CIA was funding a plot against the coal industry.
Palmer, Australia’s fifth-richest person and a top donor to the conservative Liberal/National

Tech Mahindra announces Satyam merger

MUMBAI. — India’s Tech Mahindra yesterday announced its long-awaited buyout of IT outsourcer Satyam Computer, creating a new force in the sector with annual revenue of US$2,26 billion. Tech Mahindra bought a 42,7 percent stake in Hyderabad-based Satyam in April 2009 when the group was on the verge

China in bid to boost farm credit

SHANGHAI, — China’s central bank yesterday said it would selectively cut reserve requirements for hundreds of branches of a leading farm lender in a bid to boost rural credit. From March 25, some branches of the Agricultural Bank of China which pass government cheques would enjoy a “favourable”

JLR, Chery finalise luxury cars deal

MUMBAI. — Jaguar and Land Rover yesterday announced that it had finalised an agreement with Chery Automobile to manufacture and sell luxury vehicles in China. Both firms will hold an equal stake in the venture, which will also make co-branded vehicles, according to a joint statement on the Jaguar Land

Sovereign ownership to determine stake value in foreign firms

Tawanda Musarurwa Business Reporter
GOVERNMENT will take into account sovereign ownership of mineral resources in determining the value to pay for the majority stakes to be acquired from foreign mining companies. This was said by the Minister

Importation of motor vehicles by the physically handicapped

Customs Duty is wholly suspended on certain specified motor vehicles imported by physically handicapped persons for their own use. In terms of the suspension regulations, a physically handicapped person can import one passenger or one light commercial motor vehicle without

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