February 2013 – Page 77

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Herald
February 17, 2013
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Mandatory blending welcome, but . . .

Fanuel Kangondo Business Editor
AFTER the gazetting of regulations for mandatory blending of fuel last week, there appears to be no clear roadmap on how the policy will be implemented, with oil industry executives saying they were

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Herald
February 17, 2013
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IPEC seeks to raise investment limits

Business Reporter
THE Insurance and Pensions Commission has proposed upper limit investments for life companies and pension funds as it seeks to enhance their viability. IPEC has proposed a 70 percent investment limit of

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February 17, 2013
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Gold falls to six-month low

LONDON. — Gold fell to a six-month low last Friday, breaking through technical support near US$1 630/oz, as the euro weakened against the dollar ahead of a Group of 20 meeting, which should give

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February 17, 2013
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Growing unemployment worries SA

CAPE TOWN. – South Africa is Africa’s largest economy, but the problem of growing unemployment is a huge cause for concern for the African National Congress-led government. The Southern African

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February 17, 2013
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Stick to deficit target, France urged

BERLIN. — A top member of the European Central Bank last Friday called on France to stick to its deficit-reduction targets after Paris indicated it might miss its goal due to worse-than-expected growth

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February 17, 2013
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Eurozone posts trade surplus

BRUSSELS. – The 17-nation eurozone posted a 2012 trade surplus of 81,8 billion euros (US$108 billion), more than reversing a deficit of 15,7 billion euros in 2011, official data showed last Friday. For

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February 17, 2013
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Diversify export base, AfDB urges Zim

ZIMBABWE should focus on diversifying its export basket for it to lower the widening trade deficit, the African Development Bank has said. The country presently imports about US$7 billion worth of goods,

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February 17, 2013
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2013 crop hectarage down: Made

TOTAL hectarage planted for major food crops has declined to 1,4 million hectares this year from 1,9 million hectares planted in 2012, a Cabinet minister has said. Addressing the Joint Command and Staff

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February 17, 2013
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Time Africa acted on emission projects

AFRICA’S share of total global Clean Development Mechanism projects remains disappointingly small despite mounting evidence of the dangerous effects of a warmer earth. Despite the large-scale

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February 17, 2013
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Tread carefully on climate deals, Africa warned

NAIROBI. – Representatives of the African Civil Society Organisations and Networks coalescing under the Pan African Climate Justice Alliance have urged African governments not to enter into climate

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