adminInflation drops to 3,63pc
Tawanda Musarurwa Business Reporter
ZIMBABWE’S headline inflation has maintained a downward momentum from the previous month, going down 0,31 percent to 3,6 percent in August as economic activity remains depressed. Low or moderate inflation is generally attributed to fluctuations in real demand for goods and services. Latest
Securitex indaba kicks off next week
Business Reporter
ZIMBABWE will next week host the inaugural premier Securitex Conference and Expo. The event, which is being organised by security firm Reclaim Security (Pvt) Ltd, is pencilled in for September 26 and 27 in Harare. It will showcase the latest advances in security technology, fire and safety and
Developing ability to handle big deals
Ben Chiganze Bassfisherman’s approachLAST week we held our annual Harare bassmaster competitions at Darwendale and my friends Tinashe and Joy were clear favourites to win the competitions judging by their form prior to the event. Our other friend Chris was not considered a favourite though he has a knack for rising to the
Africa is the future, project managers told
From Peter Banda in Johannesburg, South AfricaSouthern Africa’s largest project management conference organised by Project Management South Africa ends in Johannesburg today. More than 300 delegates from across Africa are attending the conference whose theme is “Next Generation Project Management” and is held bi-annually. Zimbabwe
China expected to rally base metals
Prodigy Chinanga Money in MotionTHERE is a huge anticipation in the market that Chinese monetary measures to be announced soon will definitely fuel a rally in base metals in the next two to four months. Commodities are surging from bears to a bull market, the fastest turnaround since the depths of the financial crisis four
Analysts hail new ACP/EU deadline
Martin Kadzere Senior Business Reporter
ANALYSTS have welcomed the extension of the proposed deadline for the conclusion of Economic Partnership Agreements between the European Union and Africa Caribbean Pacific countries saying this will give African nations time to realign their economies. The European Parliament last week
Lawyers press ahead with PM’s arrest bid
Daniel Nemukuyu Senior Court Reporter
LAWYERS representing Prime Minister Morgan Tsvangirai’s first wife Locardia Karimatsenga are pushing for his immediate arrest on alleged perjury, fraud and contempt of court charges.
This comes as the PM and his second wife Ms Elizabeth Macheka filed an appeal at the Supreme Court contesting the High Court’s decision to uphold a magistrate’s ruling cancelling their marriage licence.
Harare provincial magistrate Mr Munamato Mutevedzi nullified the licence last Friday afternoon.
Justice Chinembiri Bhunu dismissed another urgent chamber application to suspend the magistrate’s ruling a few hours before the wedding on Saturday morning.
Mr Jonathan Samukange of Venturas and Samukange law practice, who is acting for Ms Karimatsenga, yesterday wrote to Police Commissioner-General Augustine Chihuri pushing for the PM’s arrest.
PM Tsvangirai customarily married Ms Elizabeth Macheka on Saturday at Raintree Lodge in Harare. He is, according to the law, in a polygamous marriage.
Mr Samukange asked police to investigate the charges that emanated from the affidavits deposed by the PM in his failed court battles for permission to marry Ms Macheka under chapter 5:11 of the Marriage Act last week.
Producer sues Soulja Boy
Rapper Soulja Boy has been hit with a lawsuit from a Miami producer, who claims the rapper stole the track for his single “Swag Daddy.” Hip-Hop Frat House and Michael J. Garcia filed the lawsuit against Soulja Boy and his label S.O.D. Money Gang Entertainment Inc. The lawsuit, which was filed onMaintain, inspect elevators
LIFTS or elevators facilitate movement from floor to floor in multi-storey buildings. Almost everyone uses them at some stage in modern towns and cities. However, if they are not maintained in accordance with safety regulations they may endanger lives. Most lift accidents are fatal.Telecel targets 200 new base stations
Golden Sibanda Senior Business ReporterTELECEL Zimbabwe will install more than 200 new base stations by next December under an expansion programme targeted at ensuring the network covers 85 percent of the country. The project, following a US$70 million capital injection from new shareholders Vimpelcom, is estimated to cost