German trade gains momentum

FRANKFURT. – Germany’s trading activity got off to a strong start this year with both exports and imports rising in January, official data showed yesterday.Europe’s biggest economy exported 91,9 billion euros (US$119,6 billion) worth of goods in calendar and seasonally-ajusted terms in

British business backs Cameron

LONDON. – Chief executives of some of Britain’s biggest companies – including BP, Vodafone and GlaxoSmithKline – yesterday joined the boss of English football’s Premier League in stressing the need for Britain to maintain its overseas aid budget.

Sugarcane farmers in tractor, motorbike deal

Sugarcane farmers in the Lowveld have signed a Memorandum of Understanding with Mahindra Zimbabwe and Honda for the supply of tractors, motorbikes and generators in a move aimed at boosting production.

Shot in arm for conservation

Golden Sibanda in BERLIN, Germany
COUNTRIES constituting the Kavango-Zambezi Transfrontier Conservation Area including the newly installed  chair Zimbabwe, received about US$20 million from the German government last week in support of conservation, sustainable tourism and job creation initiatives.

CSC to breed 14 000 cows

The Cold Storage Company will soon embark on a project to breed 14 000 cows and 360 bulls at its ranches countrywide, a Cabinet minister has said.
In a report presented before a Parliamentary Portfolio Committee, Agriculture, Mechanisation and Irrigation Development Minister Dr Joseph Made

Italy’s economy shrinks 9pc

MILAN. – Italy’s economy shrank by 0,9 percent in the fourth quarter of 2012 from the previous one, official data showed yesterday, confirming a previous estimate that showed the recession in the eurozone’s third largest economy deepening.

Bank fees trigger class action lawsuit

WELLINGTON. – New Zealand’s registered banks are being targeted in what is set to be the country’s biggest ever class action lawsuit as three law firms attempt to reclaim “ excessive” bank default fees for bank customers.

Kibo Mining welcomes Tanzania support

ARUSHA. – Kibo Mining welcomed the Tanzanian government’s support of the company’s Rukwa’s Coal to Power project.The Rukwa Coal to Power Project will, with immediate effect, be included as a strategic component of the Tanzanian government’s National Energy Strategy.

Latest Optimus available soon

JOHANNESBURG. – LG announced the latest addition to the Optimus L SeriesII family of devices will be available in South Africa and the rest of Southern Africa in the coming weeks.

BoJ chief nominee rules out foreign bonds buying

TOKYO. – Tokyo’s pick to head the Bank of Japan yesterday ruled out purchases of foreign bonds to stoke the economy, as the country faced criticism it was engineering a yen devaluation.

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