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

Syrian rebels accused of using children in battle

BEIRUT. — Human Rights Watch yesterday accused the Syrian opposition of using young boys to serve as fighters, guards and lookouts in the brutal conflict with regime forces.

Hands off Zuma, says Mpumalanga. . . Eastern Cape backs Motlanthe

MIDDELBURG/JOHANNESBURG. — The African National Congress in Mpumalanga has confidence in President Jacob Zuma and will continue to support him, its chairperson and Premier David Mabuza said

Zanu-PF gives you the edge

Darlington Mahuku & Bowden Mbanje

Next week all roads will be leading to the Midlands Province where the Zanu-PF congress is going to be held in the Midlands provincial capital, Gweru. What is intriguing is that the revolutionary party has

Empower a girl, empower a country

Cathrine Murombedzi HIV Walk

AS Zimbabwe joins the rest of the world in commemorating World Aids Day tomorrow (December 1) in Dulibadzimu, Beitbridge; it is time we remember orphaned and vulnerable children.

Treasury writes off MPs’ $9m debt

 

Harare Bureau

TREASURY has written off $9 million it gave to parliamentarians to buy top-of-the-range vehicles under a loan facility in 2009.

About 300 legislators last year got $30 000 each under the facility, translating to $9 million the amount Treasury extended to members of the Lower and Upper houses.

The money was supposed to be a revolving fund.

It also emerged that Treasury awarded bonuses to legislators last year, yet they are not civil servants.

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