ZSE to host Sadc exchanges

Business Reporter
THE Zimbabwe Stock Exchange will next week host a Committee of the Sadc Stock Exchange meeting in Victoria Falls to share information for the betterment of stock markets in the region. The meeting

Japan’s Hitachi quarterly profit plunges

TOKYO. – Japan’s Hitachi said yesterday that its quarterly profit plunged 41 percent, pointing to weaker demand for construction machinery and automotive equipment for the hit to its earnings. The

US data takes shine off gold

SINGAPORE. – Gold ticked up yesterday but was unable to breach the upside limit of a recent trading range as mostly upbeat US data took some shine off the precious metal, which withers when economic

Standard Bank Group among the best

Business Reporter
Standard Bank Group, which wholly owns Stanbic Bank Zimbabwe, has been ranked 98 on the Global 100 Most Sustainable Corporations in the world list and is the only African company listed. It is also

Developing an effective ethical culture

Bradwell Mhonderwa Business Ethics
While traditional internal control measures such as periodic audits and security measures have always been used to curtail staff misconduct, organisations further require a far more proactive and holistic

Emirates’ Boeing 777-300ER comes to Harare

Business Reporter
EMIRATES airlines last week introduced a Boeing 777-300ER on its Dubai-Lusaka-Harare daily service as part of commemorations to mark its first anniversary since the establishment of the route in February

Japan Airlines ups year profit forecast

Tokyo. – Japan Airlines said yesterday net profit in the nine months to December fell to US$1,52 billion, but it lifted its full-year profit forecast by more than 16 percent despite recent Dreamliner

Unemployment rises in Spain

MADRID. – The number of Spaniards officially registered as unemployed rose to 4,98 million in January, according to Labour Ministry data released yesterday, as the country’s recession deepened. The number

Panasonic shares soar

Tokyo. – Panasonic shares soared nearly 17 percent yesterday as investors reacted to the Japanese electronics giant’s latest earnings, while rivals Sony and Sharp also spiked on upbeat

Chemco audit triggers alarm

Business Reporter
CHEMCO Holdings Limited’s external auditors Ernst & Young have raised concern on aspects of the group’s financial results for the year ended December 31, 2012 and have issued a modified

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