adminMalawi president fires police chief
BLANTYRE — Malawi’s new President Joyce Banda has fired the nation’s police chief and hired a new one, her office said yesterday, two days after she took office following her predecessor’s death.
Zimplats’ refinery, smelter project still on course
Tawanda Musarurwa Business Reporter
ZIMBABWE Platinum Holdings Ltd is on course to establish a base metal smelter and refinery in the country, the company’s deputy chairman, Mr Muchadeyi Masunda, has said. Mr Masunda was speaking at a recent African Development Bank
AfDB to engage locals on new strategy
Business ReporterTHE African Development Bank plans to engage local stakeholders on the development of its long-term strategy. The development of the bank’s LTS comes at a time when its medium-term strategy, running from 2008 to 2012, is coming full
China’s inflation rate rises
BEIJING. — China’s inflation rate edged up in March, driven by rising food costs, official data showed yesterday, but analysts said there was still scope for Beijing to stimulate the slowing economy. The consumer price index (CPI) rose to 3,6 percent in March from 3,2 percent in February, slightly higher than analysts’ expectations, as bad weather pushed up food prices andChengdu to host world’s top executives in 2013
BEIJING. — A leading western Chinese city has been selected to host a meeting of top executives from the world’s 500 leading corporations next year, Fortune magazine announced yesterday. Organisers said Chengdu — capital of the southwestern province of Sichuan — was the “ideal location” for the Fortune Global Forum 2013, due to take place from June 6-8 next year,Corporate ethics impacts on bottom line
Bradwell Mhonderwa Business Ethics
Establishing a positive relationship between corporate ethics and corporate financial performance has been a longstanding pursuit of researchers in business ethics. This has been in response to the inquiry whether there is any proven link between
NRZ still struggling to pay salaries
The National Railways of Zimbabwe says it is still struggling to pay workers due to low business. NRZ public relations manager Mr Fanuel Masikati confirmed that workers were still owed January, February and March salaries. “We have so far managed to pay 100 percent of November and December for lower grade salaries while higher grades were paid 50 percent of the salaries,”National Foods opens depot in Shamva
Business ReporterNational Foods last week opened a depot in Shamva in response to the demand for its products in the farming area, bringing the number of depots countrywide to 24. Plans are underway to open two more depots in other areas before the end of the
Death before retirement
A number of readers have expressed concern that they may not reach retirement age and may fail, therefore, to benefit from the contributions they are making to the national pension fund administered by the National Social Security Authority.
“The retirement age you talk about (60) is weird. How many people are living to that age?” one reader asked. “I started
Farewell Doreen Ncube
Fred Zindi Music
When the shocking news about the death of Doreen Ncube reached me last week, I was devastated. Nothing can describe the sadness and anguish I felt for such a loss of life and talent. Doreen Ncube died on March 29 in London. She had been