Epson appoints local distributors

Business Reporter
Epson has appointed Mecer IT Distribution and Solid Visions Technology as official distributors for their IT and business-related products in Zimbabwe.
Speaking to delegates who attended the official unveiling ceremony of the local distributors in Harare yesterday, Epson’s senior corporate account manager for Africa, Mr Hennie

Merkel, Singh bolster economic ties

BERLIN. – German Chancellor Angela Merkel met Indian Prime Minister  Manmohan Singh for a joint cabinet session yesterday as the European export power and the Asian population giant seek to boost economic ties.

Technical glitch leaves car importers stranded

Beitbridge Bureau
Scores of car importers were left stranded at Beitbridge Border Post yesterday after the Zimbabwe Revenue Authority’s vehicle clearance system went off line for nearly eight hours.
The system developed a technical glitch at around 7am and operations only resumed after 3pm.

Blue chip losses hurt stocks

Business Reporter
THE Zimbabwe Stock Exchange industrials index fell yesterday on losses from selected blue chips.
The mining index was also down after Hwange Colliery and RioZim traded lower than before.

Chinhoyi launches arrear-clearance promotion

Herald Reporter
The Chinhoyi municipality has engaged its residents to pay half of their outstanding municipal bills and have their debts cancelled in a bid to improve its revenue in-flow.
The promotion runs from 8 April to 6 May.

NIEEB warns Stanchart

Business Reporter
THE National Indigenisation and Economic Empowerment Board has written to Standard Chartered Bank Zimbabwe threatening to revoke its licence if the British-owned bank does not comply with the country’’s indigenisation laws.

NMBZ seals US$16m deal

Golden Sibanda  Senior Business Reporter
NMBZ Bank Limited yesterday sealed a US$16,4 million debt-equity deal with three foreign investors who have bought a 26,79 percent stake in the Zimbabwe Stock Exchange-listed company.

CFU realises futility of regime change drive: Analysts

Farirai Machivenyika  Senior Reporter
THE Commercial Farmers Union has given up fight against land reform after realising the MDC-T driven regime change drive has failed to reverse the historic event, political and social observers said yesterday.

Moyo gets nod for Makokoba

Hebert Zharare Political Editor
MDC-T chairman for Bulawayo Mr Gorden Moyo has successfully shrugged off internal opposition seeking to curtail his political trajectory amid reports that he got the nod to contest in Makokoba constituency in Bulawayo through the backdoor.

The cruelty that keeps empires alive

The Swedish novelist Henning Mankell tells of an experience in Mozambique during the civil war horrors there 25 years ago, when he saw a young man walking toward him in ragged clothes.

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