MasterCard launches new payment system

BARCELONA. – Credit card giant MasterCard announced yesterday the launch of a new digital payment system that lets people use a wide variety of devices including smartphones to spend their

Mobile fair opens in Spain

BARCELONA. – The US$1 trillion global mobile industry predicted yesterday a boom in subscribers to four billion people by 2018 as the world’s largest mobile fair opened in Barcelona, Spain. Already, 3,2 billion

Moody’s cuts Britain’s credit rating

LONDON. – Britain’s business secretary Vince Cable has said Moody’s downgrade of British sovereign debt is largely “symbolic” and that the government would maintain its current austerity policies. Ratings

France in bid to retain credibility

Paris. – France needs an extra 6 billion euros in revenues next year, the budget minister said yesterday, and the European Central Bank said it had to act fast to cut spending and retain credibility after slashing

Kuroda nominated Bank of Japan governor

Tokyo. – Japan’s finance minister and a top business leader yesterday welcomed a reported move by Prime Minister Shinzo Abe to nominate Haruhiko Kuroda as Bank of Japan governor. It would be “a

Zim-China to bolster ties

Golden Sibanda Senior Business Reporter
WHILE China has several investments in various sectors of Zimbabwe’s economy there has been a general feeling in some quarters that the Asian country has not invested enough to match the level

Shippers engage health ministry over food inspections

Thupeyo Muleya Beitbridge Bureau
THE Shipping and Forwarding Agents’ Association of Zimbabwe has engaged the Ministry of Health and Child Welfare over new regulations on imports and exports of food and related material, an

Airzim gears for UNWTO

AIR ZIMBABWE is set to increase frequency of domestic flights to enhance its market share during the United Nations World Tourism Organisation General Assembly, an official has said. The general

Steam boilers can be deadly

Steam boilers are potential bombs, as was the case at a Mount Hampden farm early this month where an improvised boiler exploded with devastating force, killing three farm workers

Mutodi’s car auctioned

Arts Correspondent
Flamboyant businessman-cum-musician Energy Mutodi saw one of his cars go under the hammer at Ruby’s Auctions in Harare over the weekend. A Nissan Elgrand (registration number ACA3716) belonging

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