Gono bemoans low loan utilisation levels

Business Reporter

Utilisation of approved short-term trade facilities was low in 2012 due to failure by borrowers to meet stringent conditions attached on the loans, Reserve Bank Governor Dr Gideon Gono has said.

Fuel price up 6 percent

Business Reporter

The price of fuel has increased by about six percent to about $1,60 a litre.

Refresher course for PSL coaches

Ricky Zililo

GERMAN instructor Erich Rutemoller is expected in the country next week for a seven-day refresher soccer coaching course for all Premier Soccer League gaffers.

Sadc energy plan targets surplus, sets priorities

Joseph Ngwawi

Southern Africa has suffered a shortage of electricity since 2007 as demand exceeds supply, and the expectation is that this energy gap will be addressed by 2014. However, the implementation of projects can lag behind their planned dates due to a lack of funding and other constraints.

James retained SRC board chairman

Sikhumbuzo Moyo

RESPECTED Bulawayo lawyer Joseph James has been re-appointed chairman of the Sport and Recreation Commission board that will be in office for the next three years.

EDITORIAL COMMENT: Minister’s pronouncement on security reforms spot on

THE Minister of Defence, Cde Emmerson Mnangagwa, made two important announcements this week regarding the Zimbabwe Defence Forces. The first announcement in an interview with our sister paper, The Herald, was that soldiers were free to support political parties of their choice but cannot hold positions in those parties.

Nust on quota system to decide on students accommodation

Chronicle Correspondent

THE National University of Science and Technology says it will decide on a quota system to accommodate students from Matabeleland region only after the applications have come in.

Met Department predicts more rains

 

Makhosi Sibanda

BULAWAYO and parts of Matabeleland region on Tuesday received significant rainfall and the Meteorological Services Department has said the wet spell is likely to continue up to next week.

Ajax Hotspurs, Bantu Rovers fight over players

Sikhumbuzo Moyo

A serious feud over players has erupted between Zifa Southern Region Division One Bulawayo-based clubs Ajax Hotspurs and Bantu Rovers. The dispute is threatening to spill into the courts.

Gono meets Makandiwa, Angel

 

Harare Bureau

THE Reserve Bank of Zimbabwe on Tuesday said Prophets Emmanuel Makandiwa and Uebert Angel’s miracle money wonders are not in violation of any financial laws in the country.

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