Mountaineers in good start

Eddie Chikamhi Sports Reporter
MOUNTAINEERS’ captain Tino Mawoyo has praised his teammates after posting crucial away wins over Matabeleland Tuskers in both the limited overs and the Twenty20 games at Queens Sports Club over the weekend. Mawoyo scored half centuries in both games. The Mutare-based franchise

Chavez reaches out to opposition

CARACAS — Hugo Chavez pledged to become a “better president” and work with the opposition after winning a tough re-election battle that betrayed simmering discontent at his socialist revolution. The leftist president’s victory was a relief to like-minded allies in the region, with Cuban leader Raul

Aquarius Platinum CEO resigns

Tawanda Musarurwa Business Reporter
AQUARIUS Platinum chief executive officer Mr Stuart Murray has resigned with immediate effect, the company announced yesterday. Aquarius owns 50 percent of the Mimosa Platinum Mine in Zvishavane in a joint venture partnership with Impala Platinum. No explanation was, however, given for his

Tobacco farmers meet planting deadline

The majority of tobacco farmers with irrigation infrastructure have met the September 30 deadline to plant the crop. Planting of the irrigated crop starts in August. Production of tobacco is expected to rise this year due to improved marketing conditions at the auction floors and attractive prices.

Tracking your organisational ethics

Bradwell Mhonderwa Business Ethics
WHEN an organisation establishes a formal corporate ethics programme, it is important that the programme is monitored and evaluated as the case with any other project that an organisation can implement to improve organisational efficiency and effective-ness. Project monitoring and

Zim-Russia Bippa sealed

Golden Sibanda Senior Business Reporter
ZIMBABWE last Sunday signed a Bilateral Investment Promotion and Protection Agreement with Russia as part of its ultimate goal to expand trade and investment ties with all BRICs countries. Permanent Secretary for Economic Planning and Investment Promotion Dr Desire Sibanda confirmed the

Youth Fund favours agric sector

Tawanda Musarurwa Business Reporter
THE agricultural sector received the largest allocation of funds under the Youth Development Fund. In a joint statement, the Ministry of Youth Development, Indigenisation and Empowerment and CABS said agriculture received the highest percentage of the grant at 34 percent. Distribution

Gono, banks on collision course

Martin Kadzere Senior Business Reporter
MOST foreign-owned banks shunned the Reserve Bank’s US$15 million Treasury Bills floated last week, in what could be viewed as a slap in the face of fiscal and monetary authorities who have been against localisation of these institutions. All bids for the 91-day paper auctioned last week,

US accusations against Chinese firms blamed on protectionism

BEIJING — A report of the US House of Representatives Intelligence Committee that blamed two leading Chinese technology companies, Huawei and ZTE, for possible threats to US national security is totally groundless and comes out of protectionism. The report, which was released yesterday,

Court orders Assange backers to pay up

LONDON — Supporters of WikiLeaks founder Julian Assange who stood as sureties before he took refuge in the Ecuadoran embassy in London were ordered yesterday to pay  US$150 000 by next month. Chief Magistrate Howard Riddle at Westminster Magistrates Court in London said the nine had

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