Cholera spreads in Mozambique

MAPUTO. – Health authorities said cholera outbreak in the northernmost province of Cabo Delgado has spread to Cuamba district in the neighbouring province of Niassa. Until Sunday, 33 cases of cholera were

NPC opens first annual session

BEIJING. — The 12th National People’s Congress, China’s parliamentary body, opened its first annual session yesterday morning at the Great Hall of the People in Beijing. NPC deputies will elect the new

German car sales dip

BERLIN. – Germany, Europe’s biggest car market, saw a sharp year-on-year fall in sales of 10,5 percent in February, the Federal Motor Transport Authority said on Monday, as the motor industry is still under

SAP offers SMEs visibility, control

JOHANNESBURG. – The newly announced SAP Business One version for SAP HANA is set to transform local small and medium enterprises and enable them contribute to the growth of African economies. The

China promises growth

BEIJING. – China set an unchanged growth target of 7,5 percent for 2013, Premier Wen Jiabao said yesterday, as officials seek to nurture recovery while revamping the model of the world’s

Bid to curb bank bonuses haunt EU

BRUSSELS. – European Union finance ministers faced a potentially stormy session yesterday fighting over whether curbs on bankers’ bonuses should be written into key new legislation controlling the

Gold firms ahead of central bank meetings

SINGAPORE. – Gold firmed yesterday snapping four sessions of decline, with investors expecting major central banks to stick to loose monetary policy at meetings later this week, supporting bullion’s appeal

BAT shares jump 39 percent

Jeffrey Gogo Business Correspondent
SHARES of British America Tobacco Limited, Zimbabwe’s biggest cigarette maker, jumped as much as 39 percent after the company declared a hefty US42c per share dividend in the full-year to December 31,

Africa urged to accelerate industrialisation

Business Reporter
AFRICA should accelerate industrialisation to achieve economic development, Secretary for Economic Development and Investment Promotion Dr Desire Sibanda has said. Speaking at the official launch

Economic growth to slow down

Martin Kadzere Senior Business Reporter
ZIMBABWE’S economy may grow by 4 percent this year, lower than the Government’s forecast. But the forthcoming national elections could lay the ground for a robust growth after the elections, a local

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