adminConvention to discuss ICT security
Hausen Zimbowa Business Correspondent
Information Communication Technology continues to grow at a rapid pace and business continue to lag behind and are often exposed to fraudulent activities that exploit the information gap between security systems, communication networks and cyber
ART posts first profits since dollarisation
Business Reporter
AMALGAMATED Regional Trading recorded US$244 000 in profits for the six months ended March 31, 2012, its first out-turn since dollarisation. Profitability was attributed to the recovery of its battery firm Chloride and containment of losses from
Asian shares fall on eurozone fears
HONG KONG. — Asian markets ended mostly lower yesterday and the euro hit a 22-month low against the dollar after European leaders failed to agree a plan to save Greece from exiting the eurozone. While a summit in Brussels saw a pledge of support for Athens, it highlighted divisions between France and Germany on dealing with the crisis that threatens toAngloAshanti boss attacks Australia’s mining policies
The idea that Australia is a more dangerous place for mining investment than Mali might seem strange to most observers, but that’s exactly the view of the boss of the world’s third-biggest gold producer. Mark Cutifani, the chief executive officer of AngloGold Ashanti, said last week he was more concerned about government policies towards mining in Australia than aboutEmerging markets boost SABMiller profits
Strong growth in Africa and Latin America helped global brewer SABMiller offset a fall in beer drinking in Europe and North America, as the Peroni and Grolsch beermaker beat forecasts with a 12 percent rise in full-year earnings. “Trading conditions are expected to be broadly unchanged with further growth in our developing markets but no more than modest improvement inABC of Zim economy
Gift Mugano Business CorrespondentThE mining sector has the capacity and potential to enhance economic growth and value addition. The sector has forward and backward linkages with many sectors of the economy, including manufacturing, small and medium industries, construction and infrastructure. According to the Ministry of Finance approved lines of credit in support of investment in
SA inflation rate defies forecasts
South Africa’s inflation rate increased less than economists forecast in April, adding to expectations the central bank will leave its key interest rate unchanged today. Inflation accelerated to 6,1 percent from 6 percent in March, Pretoria-based Statistics South Africa said on its website yesterday. The median estimate of 18 economists surveyed by Bloomberg was 6,2 percent.Zimpost to get 10 buses for mail, passengers
Business CorrespondentZIMPOST is set to acquire 10 buses to carry both passengers and mail as it seeks to revamp the company that has been affected by the advent of new technology, an official has said. Zimpost managing director Mr Douglas Zimbango said the
Quest Motors ups its game
Robert Garai Muganda Buy ZimbabweQuest Motor Manufacturing has engaged Government to become a supplier of state-of-the-art locally manufactured vehicles in response to a Presidential Directive that the motor industry should consider local manufacturers before engaging
Quest Motors lobbies Government for support
Ruramai Gatsi Business Reporter
QUEST Motor Corporation is lobbying the Government to promote the local motor industry by implementing policies that support the production and consumption of local products. During a tour of the Quest manufacturing plant in Mutare on