Insurance cover for low-cost home owners

Business Reporter
PROPERTY developer Datco Group has gone into partnership with insurer Progressive Insurance Brokers (Pvt) Ltd that will see the former’s housing scheme members receiving life assurance and accident cover from the latter. Every member of Datco’s

Kazakhstan mining giant to pull out of Zim?

Business Reporter
KAZAKHSTAN-BASED mining conglomerate Eurasian Natural Resources Corporation PLC could soon dispose of its Todal Mining platinum mining claims in Zimbabwe as it plans to streamline its operations. The mining firm has indicated plans to sell off its

Afre headed for good times

Bright Madera Corporate News
AFRE Corporation shareholders are set to meet on May 29 when they are expected to come up with a new figure for a proposed rights offer to bolster the operations of the group, which recently changed hands. Chief executive Douglas Hoto

Generate your own power

THE sun provides a huge amount of energy and this energy is fully renewable, free and available for 6 to 8 hours per day on average. In Zimbabwe we have an abundance of quality sunshine throughout most of the year and this can be converted into electrical energy for power and thermal for heating.  A correctly designed and installed solar system for both power and water

Japan warns France’s new leader

TOKYO. — Japan yesterday warned French President-elect Francois Hollande to keep the nation’s fiscal discipline in place amid worries that the new leader will overspend in a bid to boost the economy. Sunday’s victory for Hollande — and huge losses for the two main parties in Greece — came amid a backlash against cuts across Europe to tackle the debt crisis and

Jaguar Land Rover celebrates 300 000th Freelander 2

Motoring Correspondent
Jaguar Land Rover employees at Halewood Operations in Merseyside have celebrated an important milestone achievement following the production of the 300 000th Land Rover Freelander 2. Production of the Freelander 2 at Halewood Operations

Eliminating bias in our work relations

Ben Chiganze A Bassfisherman’s Approach
THE wind patterns in a particular dam play a significant role in determining how fishermen perform in their fishing expeditions. Most fishermen normally prefer to fish in areas which are free from storms. This is mostly the case with those

Zim, Australia relaunch trade ties

Martin Kadzere Senior Business Reporter
ZIMBABWE and Australia are set to relaunch a business council to foster trade and investment between the two countries.
The council, which stopped operations around 2002 due to Zimbabwe’s growing economic crisis, seeks to promote trade and

New equipment to rejuvenate Hwange

Business Reporter
HWANGE Colliery Company is seeking to mobilise equipment worth US$50 million under a credit finance facility as it targets to double output in 12 months. The company is inviting bids for a wide range of equipment for its underground and open cast

ABCH seeks US$50m

Bright Madera Business Reporter
ABC Holdings is seeking to raise US$50 million through a rights issue to be underwritten by the African Development Corporation, a substantial shareholder in the financial institution. The pan-African financial services group, domiciled in

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