adminArcelorMittal sells iron ore mines
PARIS. — Steelmaking giant ArcelorMittal, suffering from a sharp fall of demand for steel in Europe, yesterday said that it had sold 15 percent of its iron ore mines in Canada for US$1,1 billion to rivalIndia’s manufacturing activity rises
MUMBAI. — India’s manufacturing activity rose in December to its fastest pace in six months, led by strong factory output and a rise in new orders, a private business survey showed yesterday. TheBleak future for local firms: CZI
Business ReporterTHE Confederation of Zimbabwe Industries has warned that more companies are likely to collapse this year as the operating environment is expected to remain tough. Last year saw the number of
Gold deliveries up 7pc
Rumbidzayi Zinyuke Business ReporterINCREASED productivity in the gold mining sector and firming international prices have contributed significantly to the 7 percent increase in cumulative gold deliveries for January to November 2012,
Zesa tariff increase gets nod
Felex Share Herald Reporter
ZESA Holdings has won a minute 0,3 percent increase in average electricity tariffs with the Zimbabwe Energy Regulatory Authority approving an increase of US9,86c kilowatt per hour from US9,83c.
How Zimra works
Many times it has come to the attention of the Commissioner- General of the Zimbabwe Revenue Authority that our valued clients are being swindled by unscrupulous and bogus people impersonatingTop DJs turn tables on 2012
Jonathan Mbiriyamveka Entertainment ReporterRevellers turned up in their numbers at Belgravia Sports Club, the venue for the New Year’s Eve party hosted by Power FM disc jockeys in conjunction with Huggies Entertainment, the leaders in old skool
Sanyati comes alive
Problem Masau Arts CorrespondentA rare spectacle engulfed Sanyati when Zimbabwe’s top musicians descended on Geza Farm for what was dubbed the “Sanyati End of Year Party”. Blessing Shumba, Sulumani Chimbetu, Tanga WekwaSando and
Chiwoniso shines into 2013
Tawanda Ngena Arts CorrespondentSongstress Chiwoniso Maraire proved to a full house at the Book Café on New Year’s Eve why she is the queen of the mbira with a sterling performance that left the crowd asking for more. The show brought