adminMarange, Core Mining dispute rages on
Business Reporter THE High Court has issued an order interdicting arbitration proceedings in a shareholding dispute between Mr Lovemore Kurotwi, a director of Core Mining and Minerals (under liquidation), and State-owned diamond firm Marange Resources.
NRZ woos private sector
THE National Railways of Zimbabwe is inviting companies to engage in public private partnerships to enable it to revitalise its infrastructure.This comes as the parastatal has not yet received the US$9 million that it was allocated under the Public Sector Investment Programme in the last
Afre to rebrand
Business ReporterAfrica First ReNaissance Corporation Limited (Afre) is rebranding to First Mutual Holdings Limited in order to boost its visibility on the market.
This follows recommendations by an independent consultant who conducted a survey that revealed that the current brand had low visibility in the
Top performers get recognition at ZNCC awards night
Business ReporterFOUR individuals and six companies walked away with awards in various categories during the Zimbabwe National Chamber of Commerce awards last Friday.
Audi exceeds BMW, Mercedes in sales
Shanghai. — Volkswagen AG’s Audi posted the fastest pace of sales growth among German luxury marques in China last month after it sold more sport-utility vehicles.EU support on the slide
BRUSSELS. — Popular support for the European Union and greater economic integration to combat the debt crisis has fallen sharply, especially in key member France, a Pew Research survey shows.Japan’s Sharp posts record annual loss
TOKYO. — Japanese electronics giant Sharp yesterday posted a record annual loss for the second year in a row, and announced plans to replace its current chief after just one year on the job.German investor sentiment stabilises
FRANKFURT. — Investment sentiment in Germany stabilised in May following a sharp decline the previous month, but fell short of analyst expectations, a new survey found on yesterday.Puma cuts full-year targets
FRANKFURT. — German sportswear giant Puma said yesterday it is revising downwards its full-year targets after business was hit by the “challenging” environment in the first three months of this year.Mercury and environment
What is mercury?Mercury is a highly toxic element that is found both naturally and as an introduced contaminant in the environment.