HSBC contrite over money laundering

HONG KONG. — Global banking giant HSBC Holdings will apologise to a US Senate hearing next week for failures in its anti-money laundering controls, a report said yesterday.

Three cheers to Econet, Telecel

I WISH to commend Telecel and Econet for slashing data charges recently although this is limited to internet services only.

Chindori-Chininga slams chrome miners

The continued call by small-scale chrome miners for the Government to lift the ban on imports of raw ore is a result of lack of strategy and vision, a legislator has said.
Parliamentary Portfolio Committee on Mines and Energy chairperson Mr Edward Chindori-Chininga told members of the Chrome Miners’ Association that lack of vision was also preventing the sector from attracting investors to set up smelting furnaces.

Bulawayo firm clinches energy savers deal

Golden Sibanda
Senior Business Reporter

BULAWAYO-based firm Okukhulu Enterprises has clinched exclusive distribution dealership for more efficient light energy saving bulbs in what could significantly reduce electricity bills for firms and households.

Police to launch tourism unit in Mashonaland West

AT least 12 police officers from Mashonaland West province will cycle 554 kilometres from Kadoma to Kariba over six days in preparation for the launch of the police tourism unit in the province ahead of the United Nations World Tourism Organisation General Assembly.

Owner-managers under fire

Business Reporter
Companies that are managed by their founders and/or owners are most likely to default on corporate governance.

Corporate governance is his motto

Business Reporter
Corporate governance is the key driver of business performance and a major factor when it comes to attracting investors. This is the view of the newly elected president of the Institute of Chartered Secretaries and Administrators in Zimbabwe, Mr Pious Manamike.

The future is green

Shelter Hamandishe-Chieza
Change Management

SUSTAINABILITY is fast becoming the buzzword and business thrust in many institutions in this century.

How the ‘substandard’ sneaks in

Zachary Aldwin
Milkshake in the Boardroom

OVER the past two weeks we have been looking at the effect of “The Substandard”, the ever present threat to our progress, and “The Grey”, those poor souls who have succumbed to its influence.

Shoddy engineers face blacklisting

THE Engineering Council of Zimbabwe is investigating cases of negligence and poor workmanship, a move that may see a number of players in the industry losing their practising licences.

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