RioZim still in the red

Diversified mining concern RioZim is still in the red after posting a US$12,2 million loss in the year ending December 31, 2011. This follows a US$16,4 million loss in the corresponding period in 2010.

Address flaws, auditors told

Faith Mabika Business Reporter
LOCAL internal auditors can draw lessons in corporate governance from the global financial crisis, Institute of Internal Auditors Global chairman Mr Phil Tarling said in Harare yesterday. “The financial

Toe the line, or else . . .

Golden Sibanda Business Reporter
The Securities Commission of Zimbabwe will take punitive action against listed companies which flout international financial reporting standards. SECZ chief executive Mr Tafadzwa Chinamo issued the

Green economy empty rhetoric?

Stephen Leahy
World leaders and some 40 000 people converged on Rio de Janeiro, Brazil, in June in the hope of charting a path towards a better, more sustainable future for everyone that many are calling the

Editorial Comment: Syrian crisis: Time Africa reflects

IT is no longer a question of whether or not NATO allies will militarily attack Syria, but it is when they will do so, and who will draw the first blood. The pattern is consistent with events in Libya. The Syrian

Syrian army deals ‘fatal blow’ to insurgents

DAMASCUS — Syrian troops yesterday dealt a “fatal blow” to the armed insurgent groups in the district of Salahuddien in northern Aleppo province, the state TV said. The TV said the army is now combing the

Egypt arrests Canadian student

CAIRO — Egyptian police have arrested a Canadian student in Sinai on suspicion of involvement in an ambush that killed 16 soldiers, security officials said yesterday. They said the man, identified as David

Storm over Clinton’s remarks

NAIROBI — Remarks made by United States secretary of State Hilary Clinton during her weekend visit to Kenya have  come under heavy criticism. The US top diplomat, during her August 4 visit, suggested that

Village where all cabs are helicopters

High-flying businessmen in what’s been dubbed China’s richest village finally have a taxi service that lives up to their standards, where all the cabs are helicopters. The choppers shuttle passengers from

Seasonal workers

At The Workplace Wencelaus Murape
The issue of employing seasonal workers has been contentious, with the workers mostly affected working in agriculture or agro related industry. Some employers stand accused of snubbing seasonal

×