adminNRZ 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,”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
Chengdu 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,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 andAfDB 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
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
New bank laws ready soon
Bright Madera Senior Business Reporter
FINANCE Minster Tendai Biti says amendments to the Banking Act to improve the legal and regulatory framework of the financial sector will be concluded in the second half of the year. Minister Biti told journalists at a function held in Harare last
‘Keep local dances alive’
Entertainment EditorMore than 30 specialists in art and cultural heritage met in Harare recently to discuss safeguarding measures for Zimbabwe’s intangible cultural heritage. Intangible cultural heritage can loosely be defined as practices, representations,
Charambas preach peace, calm on roads
Jonathan Mbiriyamveka Entertainment Reporter
Popular gospel musician Pastor Charles Charamba reiterated his prayer for peace in Zimbabwe. The revered gospel singer, who was the main act at a family show held in the Harare Gardens on Saturday, took the opportunity to preach peace and calm on
Dembo remembered
Ruth Butaumocho Entertainment Editor
The late Leonard “Musorowenyoka” Dembovara Tazvivinga may be dead, but his music lives on, making him one of the best musicians Zimbabwe has ever had. Dembo died on April 9, 1997, at the age of 36. Although the guitarist and singer