SA trade delegation in Zim

Rumbidzayi Zinyuke Business Reporter
A seven-member delegation from South Africa’s Department of Trade and Industry is in the country to draw lessons on how they can offer technical support to co-operatives and small enterprises in their own country. The delegation

Zim firms for Dar fair

The Tanzania Trade Development Authority is inviting Zimbabwean companies to participate at the Dar es Salaam International Trade Fair to be held at the Julius Nyerere Fair Grounds from June 28 to July 8 this year, the Zimbabwe

Econet woos small investors

Business Reporter
ECONET WIRELESS shareholders will tomorrow vote on the proposed split of the mobile phone operator’s stock in a move designed to enable more small investors to buy shares in  the telecommunications company. This will be possible after

SA posts 2,5pc growth

JOHANNESBURG. – South Africa’s economy grew at 2,5 percent 2012, according to official data released yesterday, spelling more modest growth for Africa’s largest economy. The annual figure was in line with government forecast, but

Monetary easing not cure-all: BoE chief

Tokyo. – The Bank of England governor warned yesterday that monetary easing was no economic cure-all, while dismissing fears over a global currency war as Tokyo faces criticism about the yen’s recent slide. The comments from outgoing

Kenya’s mobile firm seeks US$100m

NAIROBI. – Eassar Telecoms, operating locally in Kenya as yuMobile, plans to raise US$100 million next month to fund business projects, including network upgrade and expansion. The firm, which began operating in Kenya in 2008, says

Japan okays US$142bn stimulus budget

Tokyo. – Japan’s parliament yesterday passed a US$142 billion extra budget that forms a key part of Prime Minister Shinzo Abe’s efforts to tackle the deflation that has dogged the economy for years. The US$142 billion package squeaked by the

4 more killed in another road accident

Herald Reporters
Police have released the names of people who died in the accident involving four vehicles at the intersection of Airport and Dieppe Roads on Monday afternoon. The haulage truck heading towards the east hit a land cruiser, a

Urgent measures need to be taken to improve pass rate in schools

“Sometimes they would tell us that the Government is not paying them enough money. As a result, they would teach for a few minutes and instruct us to go and…

CBZ profits rocket

Business Reporter
CBZ Holdings posted yet another solid set of financial results in the full year to December 31 2012, as profit after tax vaulted 48,4 percent to US$45 million. Basic earnings per share jumped 67 percent to US8,08 cents on

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