adminMiners keep JSE above 40 000 mark
Johannesburg. — Strong demand for mining shares kept the JSE above the 40 000-point level at noon on Friday as investors welcomed the latest upbeat economic data out of China. At 12.34pm‚ the all share index was up 0,39 percent to 40 118,92 points. Platinum and gold stocks rallied 1,4Zimpost celebrates Africa postal day
Business ReporterZimpost on Friday joined other African Union organisations in celebrating the Pan African Postal Union Day to be celebrated under the theme “Growing postal revenues in a digital economy”. Papu is a specialised agency of the African Union that was formed to spearhead the development of postal
Afcon’s drab starting draws
JOHANNESBURG. — The opening day of the African Cup of Nations produced a brace of drab goalless draws with hosts South Africa in particular disappointing tens of thousands of fans at Soccer City on Saturday. The 1996 champions were first to take to the rain-drenched pitch but any dreamsNigeria target medals
NELSPRUIT. — Nigeria, with a stand-out 13 top-three finishes in the bank, return to the African Cup of Nations soccer finals fold after missing the boat last year, with an opening run-out against Burkina Faso today. The match kicks-off at 8pm. No-nonsense coach Stephen Keshi knows what it takes to
Delta profits to soar
Business Reporter
FINANCIAL analysts Invictus Securities have projected Delta Corporation’s 2013 profits to jump by 31 percent to US$98 million on the back of volumes and premium beer sales growth. Revenue for the Zimbabwe Stock Exchange-listed firm is also projected to surge by 20 percent to US$666 million in
Mpofu for Dubai diamond conference
Faith Mabika Business ReporterMINES and Mining Development Minister Obert Mpofu will be among keynote speakers at the inaugural Dubai Diamond Conference on March 18 and 19. The event, organised by the Dubai Multi Commodities Centre in conjunction with the Dubai Diamond Exchange, will be held at the Dubai Multi
Parastatals restructuring still slow
Business ReporterTHE Government’s restructuring manual for parastatals, launched last year to deal with incompetence among managerial and technical staff, has failed to achieve “meaningful results”, a Cabinet minister has said. Minister of State Enterprises and Parastatals Mr Gorden Moyo said yesterday the
Irrigation: Africa’s missing link
Jeffrey Gogo Climate Story
African Union Commission chairperson Dr Nkosazana Dhlamini-Zuma has re-emphasised the importance of agriculture, as “the backbone of Africa’s economy”. In her 2013 New Year’s message released in Addis Ababa, Ethiopia, earlier this month, the Commission chairperson was bullishPremier ready for selling season
ONE of the three tobacco auction floors licensed to operate this year, Premier Tobacco Auction Floors, says it is ready for the 2013 selling season, which is likely to start in mid-February. Premier’s managing director, Mr Philemon Mangena, said that all their systems were ready for the forthcomingTongaat Hulett workers take dispute to court
Wenceslaus Murape Labour ReporterTongaat Hulett Sugar subsidiaries Triangle Limited, Hippo Valley, Mwenezana and Mkwasine Estates workers protesting over the decision to bar them from joining a union of their choice have taken their dispute to the Labour Court. The Ango-American owned company is deducting US$5 per month