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

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

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

Tobacco sales net US$15m

Agriculture Reporter
FARMERS have collectively earned US$15,4 million from the sale of tobacco under both the auction and contract systems since the opening of the 2013 tobacco selling season two weeks ago. This is down from the US$18,4 million worth

CBZ profits up 48pc

Golden Sibanda Senior Business Reporter
CBZ HOLDINGS has 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, compared with US$30,3 million over the same period the previous year. Basic

Hill-Wood attempts to head off backlash from fans

LONDON — Arsenal chairman Peter Hill-Wood has attempted to head off a backlash from fans after new figures confirmed that the English Premiership football club have a cash pot of £123,3million. Hill-Wood insisted the club’s board are

Bale: The real deal

LONDON — Andre Villas-Boas has tipped Gareth Bale to be the English Footballer of the Year after an amazing 25-yard strike in the last minute gave Spurs a dramatic 3-2 win at West Ham and moved them up to third in the Premier League on

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