Link between compliance, ethics

Bradwell Mhonderwa Business Ethics
GETTING your company to embrace ethics and compliance issues right is an important aspect of running any business professionally, small or large. When a firm or business organisation is established, compliance with relevant laws with regard to issues such as shareholding, licensing,

Judgment day looms for euro

FRANKFURT. — When the history books come to be written about the euro, September 12, 2012 could well prove one of the most significant dates in the life of the embattled single currency. At 10:00 am on that day, the eight scarlet-robed judges of Germany’s Constitutional Court will file into

Falgold to become New Dawn subsidiary

Business Reporter
FALCON Gold Zimbabwe will later this month convene a meeting of shareholders to seek approval to become a full subsidiary of New Dawn Mining Corporation Under a scheme of arrangement, minority shareholders hold approximately 15,3 percent of shares in the Zimbabwe Stock Exchange-

BNC staff settlement plan on course

Martin Kadzere Senior Business Reporter
BINDURA Nickel Corporation was saved from liquidation at the eleventh hour after staff accepted its back-pay and retrenchment settlement plan.
The plan was accepted a few days before the company’s rights issue was  to close. The nickel miner and smelter was forced to extend its US$21

Zim, Botswana US$64m deal sealed

Business Reporter
ZIMBABWE and Botswana yesterday finally signed the agreement to start operating the 500 million pula (US$64,3 million) lines of credit to help revive distressed manufacturing firms and agriculture. The funding agreement was signed by Finance Minister Tendai Biti and Botwana’s Finance Minister,

Editorial Comment: Masvingo Province has shown the way

Yesterday we carried a story that quoted the Joint Monitoring and Implementation Committee commending the three parties in the inclusive Government for the reduction of cases of politically motivated violence in Masvingo province. Speaking at a provincial meeting for legislators and

Ndabaningi Sithole was no hero

Tarwireyi Tirivavi
Let’s get things straight. I am dismayed by MDC-T leader Morgan Tsvangirai’s praise for Ndabaningi Sithole and surely it is such irresponsible behaviour that is distorting our history and founding principles in addition to confusing our young people. Tsvangirai was old enough to know what

Jilted mom sells 3 young daughters for just £2

An Indian mother sold her three young daughters for just £2 after her drunken husband threw her out of their house. Purnima Halder (35) was so desperate that she could not even afford to buy the children a meal. She sold the older two children, aged 10 and eight, for 185 rupees (£2) and then

India, China defence ministers to hold talks

NEW DELHI — Defence ministers of India and China will hold talks here today  during which they are expected to take a decision on resuming the military exercises of their Armies stalled since 2010. During his talks with AK Antony, Gen Liang Guanglie, who has become the first Chinese defence

Russia to finalise helicopter, gunship deal to Brazil

MOSCOW — Russia has delivered the next batch of Mi-35M Hind E attack helicopters to Brazil and will complete the contract by the end of the year, a military trade think tank said yesterday. A total of 12 helicopters are to be delivered under a 2008 contract worth US$150 million. “The latest three

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