‘Put indigenisation, investment under one ministry’

THE issues of indigenisation and investment should fall under one ministry to avoid discord over economic policies, a Cabinet Minister has said.

Pelhams records US$508 000 loss

Business Reporter
Furniture, household goods and appliances retailer, Pelhams Limited recorded a US$508 000 loss in the six months to September 30 2012 mainly due to a decline in sales.

Women urged to venture in lucrative mining

Business Reporter
The Zimbabwe Women Rural Development Trust has urged women to venture into the more lucrative mining business.

Chinese firm to build Kunzvi Dam

Government has signed a memorandum of understanding with a Chinese company, Avik International, for the construction of Kunzvi Dam, a Cabinet Minister said yesterday.

ZFTU intervenes in Haddon Motors dispute

Labour Reporter
The Zimbabwe Federation of Trade Unions has intervened in the dispute between Haddon Motors and its 66 workers following the company’s application for liquidation.

Radar seeks to demerge subsidiary

Golden Sibanda Senior Business Reporter
RADAR Holdings will convene an extraordinary general meeting of shareholders for permission to demerge its subsidiary, Border Timbers and enhance focus on core business.

Zifa get ultimatum

Godknows Matarutse Sports Reporter
FORMER Dynamos chairman, Ignatius Pamire, has given Zifa a two-week ultimatum to nullify all sanctions handed out in the Asiagate match-fixing scandal or face a High Court showdown.

Sanctions stifle free diamond trade

Martin Kadzere Senior Business Reporter SANCTIONS on Marange’s diamond trade should be lifted as they are creating loopholes for illegal trade and fiscal leakages, Parliamentary Committee on Mines and Energy…

Zim empowerment: Lessons for SA

Rumbidzayi Zinyuke Business Reporter
ZIMBABWE and South Africa have been urged to join forces in the fight for economic empowerment to ensure that the economies of the two countries lie in the hands of black people.

‘Assange has chronic lung condition’

QUITO. — WikiLeaks founder Julian Assange, who has been holed up at Ecuador’s London embassy for five months, has a lung condition that could get worse, the South American country’s envoy to Britain

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