adminSandy claims 16 in US, Canada
NEW YORK. — President Barack Obama has declared a “major disaster” in New York as millions of people along the US east coast awakened yesterday to the deadly devastation caused by super-storm Sandy. At least 16 people were killed in the United States and Canada as the stormAll set for Dr Mzee’s race
Collin Matiza Sports Editor
HUNDREDS of the country’s members of the road-running family are expected to descend on Gutu in Masvingo on Saturday for the 17th edition of the popular Simon Vengesai Muzenda Gutu Half-marathon. The Gutu half-marathon is the brainchild of the late Vice-President Simon Muzenda who died
Airzim vehicles seized over US$140 000 debt
Daniel Nemukuyu and Felex ShareAir Zimbabwe (Pvt) Limited on Monday had 20 of its vehicles attached by a former manager in settlement of a US$140 000 debt. The High Court last Friday registered the arbitral award compelling the national airline to pay Mr Stephen Nhuta, a former sales and marketing manager, US$141 790,82,
CAPS boss gets acces to firm as court relaxes bail conditions
Farai Kuvirimirwa Court ReporterCAPS Holdings chairman Fredrick Mutanda, accused of swindling the pharmaceutical firm of more than US$25 billion, yesterday had his application for relaxation of bail conditions granted. Mutanda had requested the court to relax one of his bail conditions that barred him from interefering with the
Makandiwa church in new land row
Harare Bureau
Prophet Emmanuel Makandiwa’s United Family International Church faces a new hurdle after a Chitungwiza businessman approached the High Court to bar it from developing a disputed piece of land measuring 26 000 square metres.
Mr Chenjerai Madamombe also cites the Chitungwiza Town Council as a respondent in the matter. It appears UFIC has become a victim of Chitungwiza Municipality’s double dealings on land as it is being caught up in another botched land deal.
Eurozone pension crisis hits expats in SA
Cape Town — With governments across the economically afflicted eurozone under pressure to cut pension entitlements and the value of pension pots in freefall, it is becoming ever more important for expats in South Africa to take control of their own pension arrangements.
IDBZ to raise $30m for Zesa prepaid meters
Business Reporter
THE Infrastructure Development Bank of Zimbabwe (IDBZ) will this week float a $30 million three-year infrastructure development bond to finance acquisition and installation of electricity prepaid meters by the Zimbabwe Electricity Transmission and Distribution Company.
Chiefs at loggerheads over share scheme
Prosper Ndlovu
CHIEFS from Hwange District in Matabeleland North Province are reportedly at loggerheads over the running of the Community Share Ownership Scheme/Trust (CSOS/T).
The Hwange share trust was officially launched by President Mugabe in Hwange town recently.
Hurricane Sandy forces NYSE and Nasdaq shutdown
The New York Stock Exchange was closed yesterday and provisionally today as a safety precaution as the city prepares for the arrival of Hurricane Sandy.
The exchange said the hurricane would “make it extremely difficult to ensure the safety of our people”.
MDC-T agrees on elections
Harare Bureau
MDC-T has agreed to holding of elections next year, with secretary-general and Finance Minister Tendai Biti saying yesterday he would provide funds for the polls and referendum in the 2013 national budget.