Vodacom risks losing shares in DRC wireless unit

Kinshasa. — Vodacom Group may lose its shares in a wireless unit in the Democratic Republic of Congo after a court ordered the confiscated stock be auctioned next month if a US$21 million dispute with a consultant is not settled. The commercial court, based in the capital Kinshasa, issued an order yesterday to sell by public auction Vodacom’s 510 000 shares in its 51

HR professionals must be key partners

Bradwell Mhonderwa Business Ethics
THE inaugural Board and Executive Ethics seminar held in Harare has come and gone. How inspiring it was to see business leaders converging on the Rainbow Towers to listen to a renowned international speaker on business ethics, share their experiences, and draw insights from international standards and best practices.  The world over, successful corporate ethics

Plans for Africa trade bloc on course

PLANS to create a 26-nation free trade area by integrating three existing African trade blocs by July 2014 are on track and the only major sticking point is likely to be harmonising rules of origin, the three blocs have said. In recent interviews with Reuters news agency, the East African Community, the Common Market for Eastern and Southern Africa, and the Southern African

IDC starts recomissioning Zimglass plant

Business Reporter
THE Industrial Development Corporation will start recommissioning its Zimglass plant in Gweru next month, after an injection of more than US$5 million to rebuild the furnace, an official has said. The Zimglass furnace was closed in September 2010 to

Banks under fire

Business Reporter
DEPUTY Prime Minister Arthur Mutambara has hit out at foreign banks for refusing to fund agriculture and other productive sectors. He said it was high time the Government dealt with the issues to avert the total collapse of the sectors. DPM

Dona Summer dies at 63

Donna Summer, the American five-time Grammy Award winner disco queen who became an iconic figure after gaining prominence in the 1970s, died last week at the age of 63. Brian Edwards, Summer’s publicist, said that she died of cancer on Thursday morning in Naples, Florida. Her family released a statement, saying that they “are at peace celebrating her

Honeymoon over for Upville

Big Brother added more twists to the game by turning the nominations to Upville housemates. This is more likely to mark the end to relaxation in this house. This was announced during the live eviction show where three Downville housemates Luke and Yadel got booted out of the stargame. This breaking news didn’t go well on the side of the upville VIPs who have been living in

5 persons per vehicle, but where’s the benefit?

Albert Nhamoyebonde
THE introduction of the computerised system for vehicle licences will reveal the population of cars and other vehicles on the country’s roads. It has been estimated that Zimbabwe may have nearly two million vehicles countrywide including those

Secretaries are windows

Herald Reporter
SECRETARIES must be equipped with necessary technological skills in line with latest developments for smooth running of their principal’s offices, a Cabinet Minister has said. Minister of Women Affairs, Gender and Community Development Dr Olivia

Board okays Tanyanyiwa, Gumbo’s dismissal

Michael Chideme Municipal Reporter
THE Local Government Board has approved Chitungwiza Municipality’s request to fire its suspended town clerk Mr Godfrey Tanyanyiwa and housing director Ms Jemina Gumbo. Board chairman Mr Pisirayi Kwenda confirmed the board’s ruling last Friday

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