Nyambuya hits back

Martin Kadzere Senior Business Reporter
NATIONAL Indigenisation and Economic Empowerment board chairman Mr Mike Nyambuya has scoffed at claims that there was no transparency in the manner the Zimplats indigenisation deal was done saying the allegations were

Plan International scoops award

Rumbidzayi Zinyuke Business Reporter
Plan International Zimbabwe has been voted the Industrial Psychology Consultants best employer of the year and best non-governmental organisation for 2012 while Ernst and Young chartered accountants emerged the best employer in

Lending rates still too high: AfDB

Golden Sibanda Senior Business Reporter
THE African Development Bank says the range in lending rates quoted by banks remain wide across the sector and more measures are required to address funding and interest rate challenges facing the economy. AfDB contends that nominal lending

Freda suspends operations

Golden Sibanda Senior Business Reporter
AIM listed pan-African commodity company Mwana Africa Plc says gold production at cash cow Freda Rebecca would be affected in the short-term while gold recovery would suffer in the medium-term following a leach tank accident. The accident has forced

Produce sustainability reports, firms urged

Blessing Bonga Business Reporter
COMPANIES have been challenged to focus on sustainability issues when they compile their financial reports in line with current international trends.
This will highlight non-financial information that provides a balanced presentation of the sustainability performance

Zim increases organic fertiliser production

Business Reporter
ZIMBABWE’S production of organic fertiliser has increased in line with new global market requirements for tobacco farmers to produce the crop in a “sustainable” way, agricultural experts have said. Organic fertilisers contain one or more kinds of organic matter

Proteas tested to the limit

JOHANNESBURG. — While no home Test cricket this summer has gone to a fifth day, Proteas batsman Hashim Amla says their latest match against Pakistan was South Africa’s toughest challenge since their away series in Australia last year. “Pakistan took

Arsenal board backs Wenger

LONDON. — Arsenal chairman Peter Hill-Wood has emphasised the board’s backing for manager Arsene Wenger.
The Gunners manager reacted angrily to questioning about his future on Monday, as reports claimed that despite a likely eighth season without

Ivorians call for new blood

ABIDJAN. — Cote d’Ivoire minister of sports has given directives to the football federation to reorganise the national team by infusing younger blood, after the highly-rated side crashed out of the 2013 African Cup of Nations in the

Onorati crowned 2012 karting champ

Collin Matiza Sports Editor
PROMISING young motor racing driver Aiden Onorati was at the weekend crowned the local karting club champion for the 2012 season.
Onorati took the top honours ahead of Ale Savo at a presentation function held on Saturday night at Italian Sports Club

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