adminAAG questions indigenisation
Tawanda Musarurwa
THE affirmative Action Group has questioned the implementation of the indigenisation and economic empowerment programme,
Munyukwi hearing set for today
Martin Kadzere Senior Business Reporter
THE hearing of suspended Zimbabwe Stock Exchange chief executive Mr Emmanuel Munyukwi on allegations of incompetence is expected to take place today.
A ZSE board member confirmed yesterday that Mr Munyukwi would appear before a disciplinary committee.
US$100m Borrowdale mall on course
Golden SibandaSenior Business Reporter
DEVELOPERS of the multimillion-dollar emporium, The Mall of Zimbabwe in Borrowdale, Harare, say construction work for the exquisite shopping complex was well on course, with the project’s groundbreaking set for October this year.
Markets bet on ECB to cut rates
FRANKFURT. — All eyes were on the European Central Bank yesterday to keep the momentum going in the battle against the debt crisis as the positive sentiment boost from last week’s EU summit risks evaporating.Barclays’ outlook rating downgraded
LONDON. — Ratings agency Standard and Poor’s on yesterday downgraded Barclays’ long-term rating outlook to negative from stable, as the British giant struggles with the fallout over an interest rate rigging scandal.Ghana closes foreign-owned shops
ACCRA. — Ghana on Wednesday proceeded to implement its threat to close all small and medium business owned by foreign traders in Accra, the capital city of Ghana.The clampdown on foreigners trading in the Small Medium Enterprises has been widened to other major cities of the country with the aim of driving out foreign traders, who are being accused of “stealing” locals’ business.
Two investors eye Shabanie, Mashava mines
The Zimbabwe Mining Development Corporation on Wednesday said it is engaging two foreign partners willing to inject fresh capital to revive the defunct Shabanie-Mashava Mines (SMM).IBWO embarks on empowerment drive
Business ReporterTHE Indigenous Businesswomen Organisation has embarked on a nationwide campaign to raise awareness among women on empowerment issues in a bid to ensure they fully participate in the ongoing indigenisation programme.
Women urged to invest
Business ReporterWomen have been urged to consider making investments to secure their future financially in the wake of the prevailing difficult economic times.
Exide batteries: Dos, don’ts
Dos Ensure that the battery is the right size for the vehicle. Clean terminals and fit the clamps tightly on the terminals. Apply a thin film of petroleum jelly to…