adminFrance unveils deficit target plan
PARIS. — Yesterday France presented a plan to get its public deficit back under the EU limit by 2014, having decided to let debt grow further as it tries to jump-start a sputtering economy. The plan to bring the deficit below 3 percent of Gross Domestic Product isTurkish Airlines, Airbus seal mega deal
ISTANBUL. — Turkish national flag-carrier Turkish Airlines yesterday signed a gigantic deal for up to 117 planes with European manufacturer Airbus finalising the largest order in Turkish civil aviation history. “We are inking today the biggest deal ever clinched by aIMF predicts growth for Nigeria
LAGOS. — The International Monetary Fund in its latest economic forecast has predicted that Nigeria will top sub-Saharan African countries expected to emerge from the global recession in the next few years to post economic growth not seen outside Asia. The IMF’s WorldDaimler nets US$3bn from aerospace stake
FRANKFURT. — German carmaker Daimler said yesterday it pocketed US$2,9 billion from the sale of its remaining 7,5 percent stake in the European aerospace and defence group EADS. “Daimler received gross proceeds of about — 2,2 billion from the offering andWorkers demonstrate against layoffs in Greece
ATHENS. — Hundreds of Greek civil servants demonstrated in Athens yesterday against plans by the government to axe thousands of state jobs this year to meet austerity goals.Archaeologists, hospital workers and other public staff gathered outside the civil administration
Kigali runs out of office space
KIGALI. — Kigali, the city of government and commercial enterprise in East Africa’s fastest growing economy, Rwanda has run out of office space.Most commercial buildings in the city are now doubling up as retail stores and offices. Lillian
Rebate on goods for religious purposes
THE Customs and Excise (General) Regulations, as published in Statutory Instrument 154 of 2001, provides for a rebate of duty on selected imported goods by religious organisations. This implies that such goods when imported enjoy dutyMaternity leave: The facts
Taurai Musakaruka People IssuesI HAVE received numerous calls from people who read my articles regarding maternity leave with the major focus being the interpretation of changes that came into effect following Amendments Number 17 of 2002 and lately Number 7 of 2005, to
Long live our Independence!
Marshall Bwanya Features Writer
“If yesterday I fought you as an enemy, today you have become a friend and an ally with the same national interest, loyalty, rights, and duties as myself,” said President Mugabe in his maiden speech as Prime Minister of Zimbabwe in 1980. To many patriotic
Hwange’s sex horror
Rutendo Mapfumo Features Correspondent“MY father had two wives and my mother was the second wife. Mother passed on when I was 14 years old and doing Form 1. My brothers and I were inexplicably chased away at the funeral and forced to drop out of school. “I started to do street vegetable vending and