Africom faces lawsuit

Daniel Nemukuyu Senior Reporter
AFRICOM Holdings (Private) Limited has been slapped with a US$146 848 lawsuit for allegedly failing to pay for some CDMA wireless modems supplied to them by a local firm.

Managing highly successful teams

Ben Chiganze A Bassfisherman’s Approach

One of the most successful bass fishing teams in Harare was made up of Baswazhi, Wezhira, Sean, Bandason, Wayne and Zvakapressa.
They swept all the trophies which were available regionally and nationally. The team members even dominated in individual competitions.

Farmers press for a reduction in land tax

Cathrine Biswick Herald Reporter
The Joint Farmers’ Union Presidents’ Council has urged rural district councils to reduce land tax and cattle sales levies to enhance the livelihoods of the majority of farmers who depend on agriculture.

Marange, 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 Reporter
Africa 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 Reporter
FOUR 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.

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