Kenya clips foreign miners’ wings

Kenya has announced new laws to curb the repatriation of mineral wealth requiring foreign mining companies to cede at least 35 percent of their shares to Kenyans. Environment and Natural Resources Minister Chirau Ali Mwakwere, who has gazetted the laws, said this would reduce the influence

Well done, Lafarge

Jeffrey Gogo Climate Story
CORPORATES should play a leading role in the revolution for greening the economy, and in achieving sustainable development. Their designs should be crafted not just for the individual purpose of satisfying legal environmental requirements but also to meet wider societal expectations.

Cop plotted to kidnap, roast, eat 100 women

A New York City police officer was charged last Thursday with conspiring to kidnap, torture, cook and eat women whose names he listed in his computer. In a criminal complaint unsealed in Manhattan federal court, Gilberto Valle III (28) of Forest Hills, Queens, was charged with conspiring to

Constitution and the raison d’être

Special Matarirano
Who would have known that 32 years after independence, the infamous spirit of the colonial Selous Scouts would be a factor in the writing our home-grown constitution? The Selous Scouts, a brainchild of the Rhodesian Brigadier John Hickman, who later became Lieutenant General and

Zim pledges support for Dlamini-Zuma

Herald Reporter
Government has pledged support to African Union Commission chairperson Dr Nkosazana Dlamini-Zuma during her term of office. In a speech read on her behalf by Zanu-PF national chairman Ambassador Khaya Moyo in Midrand South Africa, Vice President Joice Mujuru said the election of Dr

Project to resume as council, developer resolve dispute

Municipal Reporter
Augur Investments, developers of Airport Road (Joshua Nkomo Express) and Harare City Council have resolved the payment dispute that had stalled dualisation work on the road. The company has also received EMA approval to start construction of the US$100 million Mall of Zimbabwe in Borrowdale

Treasury should move in now to avert grain crisis

The hunger that stalks communities that received poor rains last season demands that the nation employs a co-ordinated approach to move grain to such areas before people die of hunger. It is one thing stating statistics of how much food will be required and how much has been moved to grain

BAT gets the nod

Fanuel Kangondo Acting Business Editor
BRITISH American Tobacco Zimbabwe shareholders have approved the firm’s indigenisation proposal, setting in motion a process that will see the company falling into the hands of indigenous Zimbabweans within the next four years. At an Extraordinary General Meeting held last week,

Imports choke Olivine

Business Reporter
OLIVINE Industries, a leading manufacturer of consumer and industrial products, is buckling under pressure from low-priced imported products flooding the market. The manufacturing giant, producer of leading  brands since 1931, is feeling the heat, especially over cooking oil and baked

Econet revenue up 17pc

Golden Sibanda Senior Business Reporter
ECONET Wireless Zimbabwe’s revenue jumped 17 percent to US$339,4 million in the interim to August 30 2012, driven by growth in voice, data and value added services. Deputy finance director Mr Roy Chimanikire told an analysts’ briefing last Friday that despite the strong increase in revenue

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