Spanish economy shrinks

MADRID. – Spain’s struggling economy logged a 0,5 percent contraction in the first quarter of 2013 due to falling internal demand, the central bank said yesterday.
“During the first quarter of 2013, the Spanish economy continued its path

ATM usage up in Ghana

ACCRA. – There has been a sharp spike in usage of interbank Automated Teller Machines in Ghana in the first quarter of this year, banking authorities have                                 revealed. General manager in-charge of project and business development at GhIPPS, Archie Hesse

OECD backs Japan deflation bid

TOKYO. – The Organisation for Economic Co-operation and Development yesterday backed Japan’s bid to end years of deflation, but called on Tokyo to step up efforts to shrink its huge debt pile. In an annual country report, the 34-member OECD described the

Kenya Airways in labour dispute

NAIROBI. – Kenya’s national airline, Kenya Airways, has been dragged into a potentially explosive labour dispute with the Kenya Airline Pilots Association over its preference for foreign pilots ahead of locally trained airmen. The airline, which has been on a massive

Eurozone business activity still weak: Survey

BRUSSELS. — Private sector business activity remained weak across the eurozone in April, underscoring a gloomy medium-term outlook for the 17-state economy, a widely-watched survey showed yesterday. The Markit Eurozone Composite Purchasing Managers

SA consumers sink deeper into the red

JOHANNESBURG. — South Africans, it seems, just can’t stop spending.
Roads in Johannesburg, Cape Town and Durban are jam-packed with more BMWs, Mercedes-Benz and even

Common errors in staff appraisal

Ben Chiganze A Bass Fisherman’s Approach
COMPUTERS and machines do not work on their own, they need some form of human input to ensure that they are effective.
Even developed countries which are very advanced technologically have also discovered

Unusual requests keep DHL busy

Martin Kadzere Business Reporter
IN today’s competitive global environment, the use of logistics companies to ferry items between countries within set time parameters is increasingly becoming necessary.
Across Africa, the capabilities of logistics companies have also evolved exponentially over the

JCI invites nominations for outstanding young persons

Business Reporter
JUNIOR Chamber International is inviting nominations for this year’s Ten Outstanding Young Persons. Nominations close on May 10.
The nominations are for different categories that include business, economic and or

Tobacco exports rake in US$94m

Business Reporter
ZIMBABWE has so far earned US$94 million from tobacco exports to different countries since the beginning of the year.
The US$94 million was realised from the sale of 25 million kilogrammes of tobacco at an average

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