ABC Holdings shares plunge 27pc on ZSE

Business Reporter
ABC Holdings shares plunged 27 percent on the Zimbabwe Stock Exchange yesterday, dragging the main index 0,77 percent lower to 131,11 points. The regional banking group last traded at US54c before

Cambria gets nod to take over Celsys

Golden Sibanda Senior Business Reporter
CAMBRIA Africa Plc says the High Court has approved its proposal to buy out minority shareholders and assume 100 percent control in the security printing firm, Celsys Limited. But Cambria pointed out

Implement corporate governance code now

Terrence N. Chimanya Business Ethics
FOLLOWING the much publicised global corporate governance failures and scandals, corporate governance has been concentrated on the activity of organisations deemed “systemically” important

New book offers tips on investing in Africa

Tawanda Musarurwa Business Reporter
FINANCIAL writer David Mataen has published a book that explores the growing investment opportunities in emerging Africa. The book “Africa — The Ultimate Frontier Market: A guide to the

NSSA pension scheme caters for old age only

THE issue of the retirement age at which a contributor is entitled to claim a NSSA pension continues to generate correspondence from readers. As regular readers of this column will know, the normal retirement age for claiming a NSSA pension is 60, provided one is no longer working at that age.

Chamisa to open ICT Convention

Business Reporter
Information and Communication Technology Minister Nelson Chamisa is tomorrow expected to officially open the ICT Convention 2012 in Harare. The convention is expected to enlighten ICT players in the

Banks under spotlight as IMF visits

Tawanda Musarurwa Business Reporter
RECENT events in the local financial services sector should be viewed by the visiting International Monetary Fund team as a sign that Zimbabwe is in urgent need of external lines of credit and foreign

Gutu farmers seek bigger markets

Business Correspondent
GUTU-based farmers have called on stakeholders in the agricultural industry to assist small-scale farmers in establishing linkages with many partners through farming contracts. Farmers said contracts

Asian markets, euro rally

HONG KONG — Asian markets surged yesterday and the euro rose after pro-austerity parties came out on top in Greek elections, easing but not ending concerns over whether the country will stay in the single currency. The results were also welcomed by the governments of Japan and China — two of

Barangiro bounces back

Richmore Tera Arts Correspondent
WHEN one talks of gospel music’s yesteryear greats, names like Baba Machanic Manyeruke and Freedom Sengwayo immediately come to mind. But there is one man who transformed the gospel

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