adminBanking secrecy must cease: EU
BRUSSELS. — European leaders targeted yesterday setting a year-end deadline to do away with banking secrecy, hoping to recoup a trillion euros in lost tax each year in a time of record recession and unemployment.
Great Lakes region gets US$1bn in aid
KINSHASA. — The World Bank yesterday announced US$1 billion in aid for Africa’s Great Lakes region as UN chief Ban Ki-moon arrived in the Democratic Republic of Congo where fresh fighting has sent
NicozDiamond shareholders okay buyback
Rumbidzayi Zinyuke Business ReporterINSURANCE giant NicozDiamond shareholders yesterday approved a proposal by the listed insurance group to buy back fractional shares in the market after the implementation of the scheme was contested by the Securities Commission of Zimbabwe last year.
OAU, not as bad as people think
Guy Anold
THE disunity over major issues and individual quarrels between members that emerged at the OAU summit in Mauritius in June 1976 raised once more the question as to whether the OAU was about to break up. But as Nigeria’s Commissioner for External Affairs, Joe Garba, said earlier in the year at the time of the Angola Summit: “The OAU isEditorial Comment: Implement use-it-or-lose-it mining policy more aggressively
Zimbabwe’s mining sector has conjured so much interest from local and foreign investors, particularly in the last few years when global demand for minerals such as platinum, chrome, gold and others has gone up significantly.Is Obama the New Nixon?
Jonathan Franklin
WITHOUT going over the edge to Rush Limbaugh territory, the internal spying on reporters and politicization of the IRS do raise the question. Could Obama be trumping “Tricky Dick” on the latter’s home turf? Few politicians can match Richard Milhous Nixon for obsession with leaks, propagation of secret wars and creation of a list of enemies.Is the AU equipped to serve Africa’s people for another 50 years?
Geoges Nzongola-Ntalaja
THE African Union (AU) is now 50 years old. Amid the celebrations this week, the AU — which was established as the Organisation of African Unity (OAU) in 1963 — needs to take stock of its strengths and weaknesses as an intergovernmental organisation designed to promote the pan-African agenda politically and economically.US$84 900 airtime vanishes
Tendai Rupapa Senior court reporterNetOne Cellular (Private) Limited lost thousands of dollars to its customer care service officer who allegedly converted US$84 900 worth of airtime to his own use.
Reuben Langton Mujuru (29) was a salesman when he allegedly committed the offence.
Bogus doc with only 2 O-Level passes jailed
Andrew Kunambura Bindura BureauA BOGUS medical doctor, who established and operated a clinic for three months in Shamva with only two Ordinary Level passes, was recently jailed for an effective four-and-a-half years by a Bindura magistrate.
Court nullifies introduction of private Bill
Daniel Nemukuyu Senior ReporterTHE Supreme Court has nullified the introduction of the Urban Council Amendment Bill HB 5/2011 into Parliament last year on the basis that the motion had been moved by individual legislators who had no such powers in terms of the Global Political Agreement.