Work on BB Industrial Park to resume

Martin Kadzere Senior Business Reporter
GOVERNMENT says it will resume the construction of the Beitbridge Industrial Park, suspended after the merger of the Export Processing Zone Authority and Zimbabwe Investment Centre.

IMF ponders Zim debt write-off

Golden Sibanda Business Reporter
ZIMBABWE is moving closer to concluding a debt write-off agreement with the International Monetary Fund with agreement on the issue likely to be reached in September this year.

Govt steps up efforts to recapitalise RBZ

Tawanda Musarurwa Business Reporter
TREASURY says it will set up a Special Purpose Vehicle to deal with the Reserve Bank of Zimbabwe debt and its broader recapitalisation strategy for the central bank.

Kirsty heads for London Games

Collin Matiza Sports Editor
KIRSTY Coventry — the jewel in the crown of swimming in Zimbabwe — was last night expected to fly into London for her fourth dance with the Summer Olympic Games.

Ladies golf tournament a success

Takudzwa Chitsiga Sports Reporter
THE 2012 edition of the Zimbabwe Ladies Golf Union Open Strokeplay whose curtain came down at the weekend was regarded as a great success with union president Marita Kahwema happy with the way they hosted the event.

Magwaza crowned Mash champion

Collin Matiza Sports Editor
IT’S two out of two for Admire Magwaza.
Barely a month after lifting the Matabeleland Open squash title, Magwaza was at the weekend crowned the 2012 Mashonaland champion after beating Alex Holmes 3-0 (11-6, 11-1, 11-3) in the final at Premier Belgravia Sports Club in Harare.

Jefferies impresses in France

Collin Matiza Sports Editor
YOUNG Zimbabwean motor racing hotshot Axcil Jefferies put up another good show in his fourth Formula Two event of the year in France at the weekend where he finished 10th overall, putting some points on board.

Homeowners turn to ‘lawn painting’

DESPITE the summer’s persistent heat waves, the grass really is greener in some neighbourhoods in New York and New Jersey. Homeowners with brown, dried-up lawns are turning to “lawn painting” to liven up their yards. Business is booming, according to Joe Perazzo, who launched his lawn

Woman publicly flogs her cheating husband

EXTRAMARITAL pleasures are only good when they remain a secret. But when the lid of secrecy is lifted and word gets into the ears of those meant to be in the dark, unthinkable things are sure to follow. And such was the fate of a man whose wife got wind of his adulterous ways in Nyabikae

Editorial Comment: Moves to double banks’ capital requirements spot on

Zimbabwe’s banking sector is largely regarded as safe and sound but instances of bank failures noted in recent months demand that more stringent regulations be applied to protect depositors. The current global financial crisis, particularly  in the Eurozone, has had debilitating effects

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