adminFertiliser plant spreads wings to Bindura
ORGANIC fertiliser manufacturer Nico Orgo plans to open a fertiliser manufacturing plant in Bindura to cater for farmers in Mashonaland Central Province and the surrounding farming areas. The company has one manufacturing plant in Chitungwiza with a capacity to produce
Rescue plan for David Whitehead
Business ReporterA LOCAL advisory company, Aurifin Capital, has come up with a rescue plan for David Whitehead Limited to save the former textile giant from liquidation.
David Whitehead provisional judicial manager Mr Winseley Militala has
Low investor sentiment clouds Germany
FRANKFURT. — The recovery prospects for the German economy, Europe’s biggest, took a knock yesterday when data showed that investor sentiment falling more than expected this month. The widely watched investor confidence index calculated by the ZEW economicEurozone inflation eases to 2pc
BRUSSELS. — Inflation across the 17-state eurozone eased further in March to 1,7 percent, comfortably below the European Central Bank’s target of near-but-below two percent, official data showed yesterday. Bailed-out Greece entered deflationary territory withEU votes to cap bankers’ bonuses
STRASBOURG. — EU lawmakers voted yesterday on hugely controversial legislation to cap bankers’ bonuses, raise banks’ capital requirements and introduce reforms designed to boost lending to small businesses. The vote was expected to passEuropean stocks fall
LONDON. — European stock markets extended losses yesterday as investors dumped risky assets amid spreading economic gloom and after a deadly double bombing at the Boston Marathon, dealers said. In late morning trade, London’s benchmark FTSE 100 indexGold recovers after losses
HONG KONG. — Gold prices recovered slightly yesterday after suffering their heaviest slump in 30 years triggered by unexpected Chinese growth data and reports Cyprus was planning to sell part of its reserves. Analysts said the 13 percent drop in pricesUNWTO preparatory work on course
Business ReporterTHE Zimbabwe Council for Tourism says it is satisfied with preparatory work going on in Victoria Falls ahead of the United Nations World Tourism Organisation congress to be hosted by Zimbabwe and Zambia in August this year. ZCT president Mr Glenn Stutchbury said the
Business forum to hold social investment indaba
Business ReporterThe Business Breakfast Talk and Networking forum will this month host a corporate social investment breakfast seminar to bring awareness to corporates on how to unlock talent and potential through CSI as opposed to corporate social responsibility. Zimbabwe Open
Servcor scoops Sadc award
Business ReporterLEADING food and management services company Servcor (Pvt) Ltd was last month awarded the Large Enterprise Company of the year service award at the Sadc annual quality awards held in Luanda, Angola. The company’s human resources director, Mr Chris Gomba, received