Beauty-inspired job loss gets court’s nod

AN Iowa dentist acted legally in firing a long-time assistant because he and his wife viewed the married mother as a threat to their marriage, the all-male Iowa Supreme Court ruled last Friday.

Trade deficit tops US$3,8bn

Golden Sibanda
Senior Business Reporter

ZIMBABWE registered a US$3,8 billion budget deficit in the period January to November 2012, as the volume of imports continued to gallop ahead of exports.
According to latest statistics from the Ministry of Finance, imports in the period to November 15 totalled US$7 billion.

Biti lashes out at stockbrokers

Business Editor
Fanuel Kangondo

FINANCE Minister Tendai Biti has lashed out at stockbrokers’ attempts to derail the demutualisation of the Zimbabwe Stock Exchange, saying they had no authority to do so, as the ZSE was created by an Act of Parliament.

CFI Holdings posts US$4m loss

Martin Kadzere
Senior Business Reporter

AGRO-focused company CFI Holdings recorded a US$4 million loss during the full year to September 30, 2012.

Asian markets retreat

HONG KONG. — Asian markets mostly fell last Friday after Republicans scrapped a vote on putting in place a back-up plan if talks on averting the US fiscal cliff end in failure.

Myanmar, Japan to build industrial zone

YANGON. — Myanmar and Japan agreed to start work next year on a huge industrial zone near Yangon, officials from the two countries said last Friday, as the impoverished nation hungrily eyes foreign investment.

Nollywood’s richest actresses

In Nigeria, some movie stars have proven time and that they can guarantee return on invest­ment as long as their faces adorn the poster.

G-tel winners receive prizes

Problem Masau
Arts Correspondent

It was all smiles for G-tel Face of Zimbabwe winners at a prize-giving ceremony held over the weekend at Rainbow Towers’ Kom­bahari.

OM gives Nyanga youths something to smile about

Business Correspondent
SYDNEY Mateta (30) is an ambitious young man who sees himself as the next big thing to emerge out of the eastern border district of Nyanga.

Water harvesting offers farmers hope

Jeffrey Gogo – Climate Story

CLIMATE change has greatly increased rain­fall and water variability worldwide. Now that’s more than just a wake-up call for Zimbabwean farmers and communities to take water harvesting seriously.

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