adminCyprus clinches last-ditch deal
CYPRUS clinched a last-ditch deal with international lenders to shut down its second-largest bank and inflict heavy losses on uninsured depositors, including wealthy Russians, in return for a US$13 billion bailout.
Ethics champions emerge
Bradwell Mhonderwa Business Ethics
A quiet revolution is unfolding in our midst. An army of ethics champions is being raised to take charge of all key sectors of the economy and break every chain of misdemeanour inherent in the economy.
Irrigation hectarage falls
Business Correspondent
THE country’s irrigation farming is still in the doldrums amid revelations that only 135 000 hectares of land is under irrigation down from 250 000 ha in 2000, an official has said.
In an interview in Bulawayo on the sidelines of the Irrigation Policy consultative workshop, director for the Department of Irrigation Development, Dr Conrade Zawe, said land
11years for poaching: new law
Government has enacted new laws imposing stiffer penalties of up to 11 years for poaching protected animals, the Zimbabwe Parks and Wildlife Management Authority has said.
ZPWMA public relations manager Ms Caroline Washaya-Moyo said the new laws would affect criminals who kill any protected animals gazetted by the Ministry Environment and
Champions Insurance partners Spanish company
Business Reporter
The partnership deal between local insurance company Champions Insurance and Madrid based Mapfre Asistencia insurance company of
Spain is set to play a crucial role in efforts to re-engage the country’s firms with European partners who had ceased doing business with the country following its isolation by mostly
Brics to launch development bank
Leaders from the BRICS emerging nations are expected to launch a joint development bank to rival western-dominated institutions at a summit beginning today.
The grouping of Brazil, Russia, India, China and hosts South Africa will meet in Durban to set up an infrastructure-focused lender that would challenge seven decades of
SA mining firm pulls out of Zim
The Zimbabwe Mining Development Corporation will use its own resources to reopen the Kamativi Tin Mines following the withdrawal of a South African suitor.
The revival of Kamativi Tin Mines, the former life blood for Matabeleland North, was put on hold in 2012 after the prospective South African investor failed to pay commitment
Keeper supports Wenger
LONDON. — Arsenal goalkeeper Wojciech Szczesny says he could not imagine Arsene Wenger not being at the club, but admits the manager would have found it much easier with the former crop of talent.
Oxlade-Chamberlain must wait
LONDON. — Alex Oxlade-Chamberlain has been warned not to expect too much too soon by a couple of Arsenal legends who know what it feels like to be kept waiting by Arsene Wenger.
Nervy night awaits Spain, England
SPAIN. — Having waltzed through the qualifying process for their last two major tournaments Spain find themselves in an undignified tangle at the halfway point on the road to the 2014 World Cup soccer finals in Brazil.