ACP to register 5,2 percent growth

From Victoria Ruzvidzo in Port Villa, Vanuatu
THE African, Caribbean and Pacific Group of countries is expected to register an average growth of 5,2 percent this year as most economies shrug off the effects of global recession. Economies in this region are said to be recovering from earlier slumps while others have remained hamstrung by the

MIPF saga takes new twist

Business Reporters
A POTENTIALY bruising wrangle is brewing between the Mining Industry Pension Fund board of trustees and its principal officer after the former made startling allegations of fraud and maladministration against the latter. The MIPF board was responding to a report on an investigation

BNC’s restart plans commendable

Bright Madera Corporate News
LAST week Bindura Nickel Corporation announced that it will soon be on the market to raise US$21 million by way of a rights issue, proceeds of which will be used to fund the restart of Trojan Nickel

Interfin suspended from ZSE

The Zimbabwe Stock Exchange yesterday suspended trading in shares of Interfin Financial Services, the holding company of beleaguered financial institution Interfin Bank Limited. IFS traded on the local bourse under the banner Interfin. The Reserve Bank of Zimbabwe on Monday placed Interfin Bank, a

EMA lab provides reliable testing services

What is it?
It is a national institute built for support and advice on all aspects of environmental quality, research, treatment studies, training and environmental quality information. The laboratory provides analysis

Greece in bid to raise 1,6bn euros

ATHENS. — Greece yesterday paid a moderately higher rate to raise 1,625 billion euros (US$2,03 billion) in a sale of six-month treasury bills, ahead of a crucial election on June 17. The yield — the rate of return earned by investors — was 4,73 percent, the Public Debt Management Agency said, up from 4,69

Qantas chief rules out equity raising

SYDNEY. — Qantas chief executive Alan Joyce has ruled out an equity raising despite the embattled airline’s flailing share price, but is preparing a high-level team to ward off any possible hostile takeovers. Shares in the flagship Australian airline last week dived below Aus$1 (US$0,99) for the

Pressure mounts on euro

THE euro and the sterling pound this week became the most liquid pair that was oversold on depressed price levels and low levels in bullish sentiment. The single-currency (euro), however, continues to be under pressure as Europe, Greece and Spanish concerns intensify. What the market

Goromonzi gets new clinic

Herald Correspondent
SHUMBA community in Goromonzi is set to benefit from a state-of-the-art clinic constructed with assistance from United Transport International. The clinic, built at a cost of US$60 000, will benefit

Health care workers at risk of TB

Health Reporter
COMMUNITY health workers in Kwekwe who are assisting tuberculosis patients to cope at home are at high risk of contracting the highly contagious infection as they do not wear facial masks or gloves when

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