adminCCZ petitions Parliament
The Consumer Council of Zimbabwe on Wednesday petitioned Parliament to pass a consumer protection law which it said was long overdue.
The CCZ has been lobbying Government since 2010 to enact the Consumer Protection Act.
Chinese firm to build six chrome smelters
Chinese firm, Afrochine Smelting said on Wednesday it will commission two chrome smelters in June. Afrochine plans to build six smelters with capacity to produce 50 000 metric tonnes of ferrochrome per year.
Ecobank returns to profitability
Ecobank Zimbabwe bounced back to profitability for the year ended December 31 2012, posting a net profit of US$306 000 from a US$5,9 million loss the previous year.
Chairman Mr David Whartman attributed the recovery to an effective implementation of the bank’s strategic plan which entailed increasing the bank’s distribution network,
Chicken Slice wins Sadc award
Business Reporter
FAST food chain Chicken Slice, a division of Packers International, was last week awarded a service award at the Sadc Annual Quality Awards ceremony held in Luanda, Angola.
Packers International proprietor and chief executive Mr Tawanda Mutyebere received the award on behalf of Chicken Slice.
Honda Jazz practical,efficient
THE rise in fuel prices is becoming a cause for concern among vehicle owners, drivers and prospective vehicle owners who are now more conscious of the need to buy cars with better fuel consumption.
‘Hyundai risks losing South-east Asian market’
SEOUL. — South Korea’s largest car maker and its Seoul-based affiliate, Kia Motors Corp, say they have no plans to build factories in Southeast Asia’s largest economy — set to overtake Thailand as the region’s biggest car market next year, industry researcher IHS Automotive forecasts.G7 nations tipped to expand
Paris. — The world’s biggest economies are slowly recovering from a late 2012 slowdown, the OECD said in a near-term of assessment of G7 nations yesterday, with Japan and the United States leading the way, ahead of a struggling, two-speed eurozone.Sharp forecasts record loss
Tokyo. — Sharp Corp., the Japanese electronics maker forecasting a record loss, is considering seeking investments from private equity funds to replenish dwindling cash, two people familiar with the matter said.East Africa eyes increased trade
NAIROBI. — Trade between East African countries is expected to increase three-fold this year following the modernisation of border check-points and planned harmonisation of intra-regional laws governing the movement of goods.Brics leaders approve currency fund
Durban. — Leaders from Brazil, Russia, India, China and South Africa approved a US$100 billion fund to combat currency crises, while failing to reach agreement on financing for a development bank.