adminPrivate sector losses continue to mount
Bright Madera Senior Business Reporter
ZIMBABWE’S private sector losses have exceeded US$800 million since 2009, as companies struggle to grow their revenue and make profits. Analysts say the figure is worrying, given the country’s low Gross Domestic Product levels of about 8,1 percent
Delta brews US$75m profit
Bright Madera Senior Business Reporter
DELTA Corporation’s profits surged 38 percent to US$75,2 million for the full year ended March 31, 2012, underpinned by growth in volumes and product availability. Total beverages volumes grew by 19 percent, attributable to solid demand of all
Zim to benefit from EU finance facility
Tawanda Musarurwa Business Reporter
ZIMBABWE’S trade and investment is set to benefit from a 50 million euro financing facility under the Interim Economic Partnership Agreement (iEPA) which comes into effect next week, European Union Ambassador to Zimbabwe Mr Aldo Dell’Ariccia
No to donor-driven Constitution
Tendai Moyo
It is mind-boggling how a politician whose party had spiritedly called for a “people-driven Constitution” could now turn and rubbish the same process saying it is sheer madness for people to expect their views to be included in the draft
Probation and fixed contracts
At the workplace Wenceslaus Murape
Many workers are ignorant of the meaning of labour terms such as probation, fixed term contract and contract without limit of time. Some of them have been short-changed by their lack of knowledge, but some employers have also been found not
Editorial Comment: Understanding cotton market dynamics vital
Farmers and ginners are always embroiled in “war” over the pricing of seed cotton, with growers believing they are being ripped off while ginners are convinced they are paying the right producer prices. The problem has persisted mainly because of lack of understanding of the dynamics on the international cotton market. The ginner pays on the basis of what is obtainable in the
Prize of freedom and democracy
Albert Nhamoyebonde
What is happening in the Middle East is very disturbing. The newly- established Egyptian parliament is debating a Bill that would allow a husband to have sexual relations with his dead wife for at least six hours after death. Coming after so many
Sables set to partner Dominus Sport
Sports ReporterZIMBABWE rugby’s flagship side, the Sables, are this afternoon set to officially unveil a partnership deal with Dominus Sport — a sports marketing company — at Harare Sports Club. It is at this function, set for the Zimbabwe Rugby Union
Propaganda frameworks for Zim elections
Depending on the interests of the world’s super powers, various devices are used to either endorse and bless elections in weaker states, or condemn and vilify them.
We are heading for elections in Zimbabwe this year and for largely unexplained reasons, the Western-sponsored MDC formations are quite reluctant to participate, pushing the chaotic drafting of a new Constitution as more pressing than the illegal 18-month unexplained extension of the Inclusive Government, itself a product of lengthy talks between six hand-picked politicians; three lawyers, an accountant, a diplomat and a woman political activist turned politician — talks that were purely about three political parties coming together to form a government of politicians, by politicians and for their
SA national killed in motorcycle accident
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Masvingo Correspondent
A South African died on the spot on Friday while another was seriously injured when the motorcycles they were riding hit an ox at the 22km peg along the Masvingo-Great Zimbabwe Road.