adminFirst Mutual to host heart indaba
Business Reporter
First Mutual Medical Savings Fund in association with the Zimbabwe Medical Association will tomorrow host a one-day international conference on the management of cardiac conditions in Zimbabwe. Through the workshop First Mutual Medical Savings Fund will be scoring a first in its initiatives to
Indians protest against retail reform
NEW DELHI. — Shopkeepers, traders and labourers blocked railway lines and closed markets across India yesterday in a nationwide day of protest against reforms allowing in foreign supermarkets such as Walmart. Opposition parties and trade unions called the strike after Prime MinisterEurozone business activity declines
BRUSSELS. — Private sector business activity in the eurozone showed an eighth monthly decline in September hitting its gloomiest patch in three years, survey results showed yesterday. The closely-watched Purchasing Managers Index , a survey of 5 000 eurozone businesses compiled by MarkitCoal output to decline marginally
Coal production in Zimbabwe for 2012 is set to decline by at least 600 000 tonnes from 2,56 million tonnes produced in 2011, an industry official has said. Zimbabwe Chamber of Mines president Mr Winston Chitando said production bottlenecks continued to inhibit increase in output. “Coal output for‘Colonial era laws impede indigenisation’
ZIMBABWE has more than 140 pieces of legislation enacted during the colonial era to impede black empowerment and indigenisation, which need to be repealed or amended a Cabinet minister has said. Youth, Indigenisation and Economic Empowerment Minister Saviour Kasukuwere toldTelOne owed over US$300m
Business ReporterFIXED telecommunications operator TelOne is owed in excess of US$300 million in unpaid bills by defaulting customers. The State-owned enterprise said it would soon publish the names of defaulters to shame and force them to pay up. Out of the US$150 million billed to customers last year the
Mzembi to open Customer Service Symposium
Business Reporter
A CUSTOMER Service Symposium is set to take place in Harare from October 2-3. The symposium, which is organised by Customer Service International, will be part of the commemorations to mark this year’s Customer Service Week. Tourism and Hospitality Industry Minister Engineer
SA highway tolling gets nod
JOHANNESBURG. — South Africa’s top court yesterday gave the go-ahead for tolls to be placed on major highways around car-reliant Johannesburg, a move that had been suspended in the face of stiff opposition. In a unanimous decision, the Constitutional Court overturned the ruling of a lowerMarikana mine workers return to work
MARIKANA. — Thousands of Lonmin miners clocked in for work in South Africa yesterday after ending a deadly six-week wildcat strike, while other global mining giants battled to rein in protests. Workers chatted loudly as the queue shuffled to the turnstile entrance for the 07:00am shift at theHwange returns to profitability
Martin Kadzere Senior Business Reporter
HWANGE Colliery returned to profitability after posting a US$500 000 net profit for six months to June this year, from a loss of US$1,4 million, due to improved sales mix and decline in administrative costs. Administrative costs were down 31,5 percent to US$10 million from US$16 million a year