admin‘Offal imports illegal’
Business ReporterZIMBABWEAN firms are spending millions of dollars to import chicken, pork and beef offal illegally, as Government grapples to contain a ballooning trade deficit. The Department of Livestock and
Zim to host regional aviation meeting
Zimbabwe will next week host a regional aviation seminar to discuss current and emerging trends in the aviation sector in the resort town of Victoria Falls. The meeting will focus on Machine Readable TravelUS$50 billion initial injection for Spain’s banking system
BRUSSELS. — The first injection of loans to recapitalise Spain’s broken banking system will amount to nearly US$50 billion, Spain’s Finance Minister Luis De Guindos said yesterday. “The injection of fundsSteel giant not welcome in France, says minister
PARIS. — The showdown between global steel giant ArcelorMittal and France over its Florange plant hit new heights yesterday as a minister said the company was no longer welcome in the country. A sourceUS$90m boost for Tinkolili iron project
FREETOWN. — AFRICAN Minerals’ plans to complete its Tinkolili iron ore project in Sierra Leone received a major financial boost after it agreed to a credit facility worth more than US$90 million with StandardMahindra in bid for Aston Martin stake: report
MUMBAI. — Indian car maker Mahindra and Mahindra is competing with Italian buyout firm Investindustrial for a stake in British luxury sports car maker Aston Martin, media reports said yesterday.
Pride stifles company growth
Bradwell Mhonderwa Business Ethics
PRIDE, or excessive belief in one’s own abilities, is one of the common ills that follow corporate executives. It entails placing oneself above everyone else and looking down upon other people.Help us build communities
FOR generations, mankind has always been faced with threats of extinction from diseases, disasters, wars and many other calamities. Deforestation and climate change feature prominently among theDorowa Mine shuts down
Tendai Mugabe recently in BuheraChemplex Corporation has shut down its subsidiary Dorowa Minerals which is the country’s sole producer of phosphate citing liquidity challenges. Phosphate is a major nutritional component
CZI seeks legal advice on Zesa tariff reversal
Golden Sibanda Senior Business ReporterTHE Confederation of Zimbabwe Industries is seeking legal advice to enforce an Administrative Court order directing power utility Zesa Holdings to reverse the 31 percent electricity tariff increase effected in