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

Insight into Draft Constitution

Albert Nhamoyebonde
It has been stated that the publication of the new draft constitution will give a chance to the people of this country to debate the merits or demerits of this important document that will define our heritage, the present and the

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

Not able to pay, ‘I have 9 more kids’

Herald Reporter
A kombi driver today told the Harare Civil Courts that he could not afford to pay US$600 for the upkeep of his four children and their mother because he had to share his paltry pay with nine other children and five more wives. Jonathan

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