CBZ opens US$25m AMA Bills

Golden Sibanda Senior Business Reporter
CBZ Bank Limited is back on the market with Agricultural Marketing Authority Bills to raise about US$25 million to support the production of soya- beans during the current summer cropping season.

Zimplow seeks merger with TPHL

Martin Kadzere Senior Business Reporter
ZSE-LISTED agro-implements firm Zimplow Limited said yesterday it was seeking to merge with Tractive Power Limited Holdings through the acquisition of an additional 42,79 percent equity in TPHL.

RFHL founders fight Capital Bank

Fidelis Munyoro Assistant News Editor
RENAISSANCE Financial Holdings Limited three co-founders have filed an urgent chamber application at the High Court seeking to block Capital Bank Corporation Limited’s extraordinary general meeting set

Private sector ‘failing’ localisation drive

Mangaung. — The private sector has not contributed enough to the drive towards localisation, which is central to the government’s push to industrialise and expand the domestic economy.This was according

US budget hopes lift shares

LONDON. — Global shares and other risk assets rose on yesterday, encouraged by signs of a US budget compromise aimed at stopping a package of tax hikes and spending cuts hurting the economy next

Laptop may soon tell what it smells

Johannesburg. — In the next five years, computers will translate baby talk, allowing parents to understand their wailing children. The machines will also predict natural disasters and allow consumers to

China home prices on the up

BEIJING. — China home prices showed fresh signs of recovery taking hold in November, the fourth month in the last five to show a rise as a two-year long government campaign to curb prices frays.

Call to screen bottled water

Business Reporter
A Chitungwiza businessman has called upon the Ministry of Health and Child Welfare to screen bottled water being sold on the market to ensure that only quality water gets to the people.Mr Sydney Farirai,

Government insists on platinum refinery

Business Reporter
PLATINUM mining companies in Zimbabwe should next year put efforts towards establishing a local platinum refinery, a senior Government official has said.Mines and Mining Development Permanent

Diamond prices set for rebound in 2013

DIAMOND prices, headed for the first annual drop in four years, are set to get a boost in 2013 as De Beers — the world’s biggest producer — constrains supply. De Beers, owned by Anglo America Plc,

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