Italy borrowing costs double

MILAN. — Italy’s borrowing costs doubled in a closely-watched bond auction yesterday that raised 11 billion euros (US$14 billion) in short-term debt, as tensions returned to eurozone bond markets. Eight billion euros in 12-month bonds were sold at a rate of 2,84 percent — far higher than the 1,492 percent paid in March while three billion euros due July 2012 went at 1,249

Win big with Unilever and OK

UNILEVER ZIMBABWE congratulates OK Zimbabwe on the successful launch of the 24th OK Grand Challenge promotion 2012. 
This is the biggest and most exciting consumer promotion in the country. We are happy to be partnering the country’s biggest retail chain and rewarding you, our loyal customers, for your support.  Here is your chance to win big with Unilever in association

‘ECB can tackle symptoms but not cure crisis’

FRANKFURT. — The European Central Bank can treat the symptoms but not cure the eurozone debt crisis, a top official said yesterday as fresh concerns flared up over debt in Spain and Italy. “The ECB has addressed the immediate symptoms, but monetary policy cannot cure the underlying causes,” ECB executive board member Benoit Coeure told a conference in Paris.

Sell your product with passion

Zachary Aldwin Milkshake in the Boardroom
THE people who read newspapers on a regular basis can be divided into two main groups. There is a small group who read everything in the paper from cover to cover, often over a gently cooling cup of tannin infused water. The second, more larger

Filmmakers appeal to Government

The 2012 Film Indaba convened by the Zimbabwe Film Makers Guild at the Zimbabwe Film and Television School of Southern Africa (ZIFTESSA) in March offered filmmakers an opportunity to discuss the role of ZIFTESSA in the film industry.
The indaba was also an opportunity for filmmakers to raise issues with Government representatives on the funding of the

‘Lion King’ takes Broadway throne

Los Angeles. — Earnings of over US$853 million push Lion King Broadway to the top of the list of all-time Broadway box office hits. Broadway has a new ruler, and its name is “The Lion King”. The musical over the weekend ousted long-standing box-office hit “The Phantom of the Opera” from the top of the list of all-time Broadway box office hits. “The Lion King” has generated a

Katy Perry movie to be released in July

THE makers of Justin Bieber’s top-grossing concert film have moved on to another global pop star — Katy Perry. A 3-D documentary concert feature film billed as an on-and- off stage close up look at Perry and her 2011 California Dreams Tour began production more than year ago, Paramount Pictures said in a statement on Wednesday. The movie, called “Katy Perry:

Forge business linkages with SMEs

GLOBALISATION has generated both new markets and new competitive forces. Constant pressure to reduce costs, shorten lead times and focus on core competencies has driven firms to change their supply chain management strategies globally.
Recent studies reveal that most manufacturing companies now buy a significant percentage of their inputs of goods and

Increased volumes spur BAT profit

Business Reporter
LEADING cigarette manufacturer British American Tobacco registered a 884 percent increase in attributable profit to US$4,8 million in the full year to December 31, 2012, on the back of a 49 percent growth in volumes. BAT chairman Mr Kennedy

Green Business Indaba begins today

Business Reporter
THE inaugural Green Business Indaba opens in Harare today with high expectations that it will answer the call for the need for indigenous solutions to the threat of climate change. The two-day conference that is being held under the theme “Addressing

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