184 schools on warpath

Roy Matiki
Sports Reporter

A total of 184 schools descend on various schools today as the battle for the national finals’ ticket intensifies when all the country’s 10 provinces host the COPA Coca-Cola boys’ and girls’ provincial finals.

Telecel woos disconnected customers

Golden Sibanda
Senior Business Reporter

TELECEL ZIMBABWE is offering its subscribers substantial bonus airtime to encourage reactivation of lines that have been inactive for more than two months
The development has also resulted in frenzied buying of Telecel sim cards due to the huge bonus airtime also given when subscribers recharge their phones.

‘Eye candies’ that endure time

Fact D. Jeke
Behind the Wheel

GREAT looking cars are not just long and low and wide but they are eye-candy adventures in themselves and they cast shadows that are better-looking than most of the stuff humanity has churned out over the years.

Peugeot to slash 8 000 jobs

PARIS. — French carmaker PSA Peugeot Citroen shocked France yesterday with an announcement that it will cut 8 000 jobs, sparking union anger and underlining the country’s competitiveness problems.

Construction sector laments cheap products

Tawanda Musarurwa and Faith Mabika

THE Construction Industry Federation of Zimbabwe has lamented the proliferation of cheap, sub-standard construction material in the country.

Let’s produce, buy local

Robert Garai Muganda
Buy Zimbabwe

THIS week, the Buy Zimbabwe campaign came under fire from some quarters that accused it of being market focused only and encouraging consumers to buy local products that do not exist.

NSSA launches Wellness Day

Business Reporter
The National Social Security Authority last week introduced a two-day Wellness Day for its staff, during which employees were able to obtain professional advice on how to stay physically, mentally, emotionally and spiritually healthy.

Why local products cost more

Martin Kadzere
SEnior Business Reporter

MOST local products are more expensive compared with imports due to high operating cost structures that most local companies are operating under.

While the economy has stabilised after dollarisation, it is still recovering from successive recessions, which saw it contracting by 40 percent between 2000 and 2008. Most companies are still operating below capacity, constrained by various factors, including high utility costs, expensive capital, use of old equipment and technology, among others.

RMB has new identity

Golden Sibanda
Senior Business Reporter

RENAISSAINCE Merchant Bank has been renamed Capital Bank Corporation following a rebranding exercise meant to put the lid on its haunted past.
The Reserve Bank division chief (licensing, supervision and surveillance) Mr Norman Mataruka yesterday announced the approval of the new name.

Chinese firm to invest US$2m in chrome smelter

Bright Madera
Senior Business Reporter

CHINESE firm Afrochine Smelting is set to invest about US$2 million in the construction of two chrome smelters in Zimbabwe.

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