Asian markets mixed, BoJ move disappoints

ASIAN markets were mixed yesterday, with Tokyo’s Nikkei falling and the yen strengthening as dealers were left disappointed by the Bank of Japan’s plan to boost the economy.

More farmers turn soyabean production

Blessing Bonga Business Reporter
THE current farming season has seen a significant number of farmers diverting from traditional crops such as maize to venture into soyabean production and other small grains which are fetching lucrative

Set new, ambitious goals for yourself

Ben Chiganze Bassfisherman’s Approach

LAST weekend a friend, Munodawafa, graced our fishing outing at Susugi International Dam.
It was our first time to compete with him. He had very humble fishing equipment and a

What is World Wetlands Day?

ON February 2 each year the world commemorates World Wetlands Day. The day marks the signing of the treaty on the conservation of wetlands in Ramsar, Iran in  1971. Zimbabwe is a signatory to

POSB to go commercial

THE Government has agreed to relinquish 49 percent stake in the People’s Own Savings Bank following approval of the restructuring and privatisation plan which will transform the bank into a commercial

Portugal seeks loan extension

Portugal has asked eurozone finance ministers to extend the life of bailout loans to help it to borrow normally, Portuguese Finance Minister Vitor Gaspar was reported as saying by media in Lisbon.

Brazilian firm in helicopter venture

RIO DE JANEIRO. – Brazilian aircraft manufacturer Embraer announced on Monday it has signed a memorandum of understanding with Anglo-Italian AgustaWestland to co-manufacture helicopters for

Chinese premier pushes for ‘healthy’ economy

Chinese Premier Wen Jiabao has urged the central bank to promote “healthy” economic development, the government said, after the economy expanded at its slowest pace for 13 years in 2012.

Japan adopts new inflation target

The Bank of Japan yesterday adopted a 2 percent inflation target and set out plans for indefinite monetary easing in a policy shift that Japan’s new premier hailed as “epoch making”.

Parastatals: Principals agree on term limits

Felex Share Business Reporter
Term limits for all chief executives of Government-controlled entities will be set through an Act of Parliament, according to the recent resolution by principals to the Global Political Agreement on sticking

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