adminPOSB net profit dips
Tawanda Musarurwa Business Reporter
THE People’s Own Savings Bank posted a 67 percent decline in net profit in the half year to June 30 2012 to US$714 719 from US$2,1 million in last year’s corresponding period. Although, net operating
ADC seeks to bolster banking foothold
Martin Kadzere Senior Business Reporter
AFRICAN Development Corporation, a pan-African banking group focused on the frontier markets in sub-Saharan Africa, is planning to raise its stakes in its key banking assets. It hinted it may take
Lobels closes Harare plant
Business ReporterLOBELS Bread, one of the country’s oldest bakeries, said yesterday it would suspend operations at its Harare plant for two months to pave way for refurbishment and installation of new equipment. “The
Economy needs overhaul
From Golden Sibanda in Victoria Falls
FINANCE Minister Tendai Biti says the economy requires extensive structural reforms to remove bottlenecks that recently forced him to cut the 2012 growth forecasts. Addressing delegates at a
Guns are their best friends
John Manzongo Features WriterWOMEN in the Zimbabwe Defence Forces continue to defy odds in their adventure to equate themselves to their male counterparts in the various military corps. Well known in the uniformed
Open varsities are the future
Tichaona Zindoga Features WriterFor a very long time, open and distance learning was deemed the preserve for old people, who had lost out on opportunities to go to conventional universities and colleges. They had to “supplement”
The Mukamba magic show
Grace Chingoma Sports Reporter
Dynamos…………………………………………(1)2
FC Platinum…………………………………………0
DENVER Mukamba was the conductor of the orchestra as the Band DeMbare produced a soundbite, in a championship battle cry, which was so
Sri Lanka feels the heat of kidney disease
COLOMBO. — Soaring temperatures in Sri Lanka’s dry zone in the northeast of the country are likely to heighten the risk of chronic kidney disease as residents increasingly consume poor quality drinking water, experts warn. More than a decade since the first cases of the fatal disease were
Demystifying official opening day
Fortious Nhambura Features WriterThe 102nd Zimbabwe Agricultural Show came to an end on Saturday last week on a high note with over 45 000 passing through their gates. A day before the curtain came down on the annual agricultural exhibition, on Friday, Lesotho Prime Minister Mr Thomas Thabane had opened the show at