Air Namibia introduces Harare-Lusaka route

Walter Muchinguri Assistant Business Editor
Air Namibia is introducing four flights per week between Harare and Lusaka, Zambia, starting tomorrow, as the airline seeks to expand its services in Zimbabwe and the region.
According to Air Namibia’s general manager (commercial services), Mr Xavier Masule, the airline will be offering both air and cargo services.

Ncube hails exhibition

Industry and Commerce Minister Professor Welshman Ncube has said the 54th Zimbabwe International Trade Fair was an improvement from last year because high quality products were showcased as compared to last year.

Cottco: Visitors outclass local teams

Zecheaus Nemadire, Sports Reporter
Today marked the second day of the Cottco Schools rugby festival with some quality rugby on display which saw some local teams fail to outshine visiting teams from Namibia and South Africa.

Importance of pension

Those who are young seldom think about planning for their retirement. Old age seems so far away that it is difficult to think about how they will manage financially when they retire in 40, 45 or even more years’ time.

Spanish inflation falls

MADRID. – Spain reported yesterday a fall in annual inflation in April as energy costs tumbled and demand dried up in the recession-hit economy.
Consumer prices over the year to April climbed just 1,5 percent, after a 2,6 percent advance the previous month, according to preliminary data from the National Statistics

Eurozone confidence slumps in April

BRUSSELS. – Confidence in the 17-state eurozone fell sharply in April, data showed yesterday, adding pressure to the European Central Bank to make moves to boost the economy when it meets later this week.

Greece to trim civil service

ATHENS. – The Greek parliament voted late Sunday to adopt a law providing for the dismissal of 15 000 civil servants as part of austerity measures imposed by the country’s international creditors.

IMF ‘carefully’ monitoring capital flows to Asia

SINGAPORE. – The International Monetary Fund said yesterday it is “carefully” monitoring massive capital flows into Asia and urged the region’s policymakers to guard against risks of overheating.

Co-operation with France essential: Germany

BERLIN. – Germany yesterday played down criticism by France’s ruling Socialists of Chancellor Angela Merkel’s insistence on austerity, and said it saw co-operation with Paris as “essential”.

Go for leaders with integrity

Bradwell Mhonderwa Business Ethics
As the nation heads towards elections to choose its leaders for the next five years both at local government and national levels, it is imperative that the electorate makes informed decisions on who they choose to hold public office.

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