‘Genuine CSR comes from the heart’

Of late there has been an increase in the level of corporate social responsibility activities being carried out especially by foreign firms operating in the country. But the question is: Is this a result of some soul-searching exercise, or is it merely some subtle response to the pressure of the indigenisation agenda?

Olympus slapped with US$2,4m penalty

TOKYO. — Japan’s financial watchdog said yesterday that it had slapped a US$2,4 million penalty on disgraced camera and medical equipment maker Olympus over a huge loss cover-up scandal.

Spain announces austerity package

MADRID. — Spain’s Prime Minister Mariano Rajoy announced yesterday a 65-billion-euro (US$80 billion) austerity package to avert financial collapse as angry miners rallied against subsidy cuts.

Merkel pushes EU, Southeast Asia free trade pact

JAKARTA. — German Chancellor Angela Merkel yesterday said Europe must step up its efforts to establish a free trade pact with booming Southeast Asia.
“I am deeply convinced that Europe has to hurry up in setting up a free trade agreement with this region if it wants to be able to compete,” she said during a visit to Jakarta.

New finance minister for Italy

ROME. — Italian Prime Minister Mario Monti will step down as finance minister and the current deputy minister Vittorio Grilli will take his place, the government said yesterday.

Making the most of investment opportunites

Vengai Madzima
Property Guide

In my last article my focus was on how one may dispose a property in the present market conditions and in this instalment I would like to go further to explore another critical aspect, that is having the knowledge to make the right purchase.

She is ‘wired’ up differently!

“I AM wired up differently. I have no idea why but God can tell you. I only sleep three hours per day but am always fresh when I wake up. I am always writing and planning since I cannot sleep. Anyone who wants to be like me will be frustrated.”

Death of a border post

Tichaona Zindoga
Features Writer

Mukumbura Border Post, that little unassuming outpost separating Zimbabwe and Mozambique by the mighty river of the same name in the northeast, is in big trouble.

Employee grievances

THE majority of companies, big and small, tend to discourage employees from airing their grievances. Experts contend that this is an extremely shortsighted way of doing things as it stifles production.

Sky’s the limit for Sabha

Talented gospel artiste Sabastian Magacha of “Ridza Bhosvo” fame has released his fourth album titled “Mapostori”, which is already causing a stir both at public places and on the airwaves within only a week of release. The recently wedded Magacha said the five-track album does not literally mean those Mapostori who worship under the tree but applies to all Christians. Herald Entertainment Correspondent Winstone Antonio (WA) recently caught up with Magacha (SM) who opened up about his road to success. Below are excerpts from the interview.

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