adminGreece seeks austerity plan extension
ATHENS. — Prime Minister Antonis Samaras will call for a two-year extension to Greece’s austerity programme when he meets Angela Merkel and Francois Hollande next week, the Financial Times reported yesterday.StanChart fined US$340m over Iran deals
NEW YORK. — Standard Chartered has settled allegations that it helped Iranian clients dodge US sanctions, announcing a fine of US$340 million from a New York banking watchdog. The “civil penalty”‘Chinese currency gains ground in Africa’
Business ReporterZIMBABWE has been urged to follow the example of some Central African countries which have taken the initiative in using the Chinese currency — the yuan. Last month a number of Central African
Put customers first — or perish
Shelter Hamandishe-Chieza Change ManagementTHE curtain came down on an exciting week for me at the NLCC Jabula Annual Conference that ran under the theme “The Next Ten Years”. I also attended a couple of business meetings on the
Mobiquity oils EcoCash
Business ReporterECONET Zimbabwe has moved the EcoCash service from a platform supplied by Pattern Matched Technologies to one powered by Comviva. The Comviva platform, called “Mobiquity”, has been widely
Barclays Bank upgrades IT platform
BARCLAYS Bank of Zimbabwe has finished the first phase of a Wide Area Network (WAN) fibre-optic connectivity project that is set to replace the current VSAT technology. The new fibre-optic connectivityPotraz gets tough with mobile firms
THE Postal and Telecommunications Regulatory Authority of Zimbabwe has made it compulsory for the mobile network providers to share infrastructure as a prerequisite of the renewal of their operating licences next year.History has its place in any business
Zachary Aldwin Milkshake in the BoardroomIN the midst of the trauma and chaos of the Russian invasion of Poland during World War II a young woman was sent to the Siberian Gulag (forced labour camps) because her husband worked for the Polish military.
MBCA Bank nets US$2 million profit
Business ReporterMBCA Bank after tax profits jumped by 344 percent to US$2 million in the interim to June 30, 2012 largely driven by significant growth in net interest income. Operating income came in at US$10 million in
New voice for tourism employees
Patrick Chitumba Business CorrespondentTHE newly formed Employers’ Association of the Tourism and Safari Operators (EATSO) is working on new job titles, a new grading system as well as conditions of service for employees in the two sectors.