Ariston profit rebounds
Business Reporter
ARISTON HOLDINGS after-tax profits vaulted 83,4 percent to US$2 million in the half-year to March 31 2013 on fair value adjustment as revenue in the interim was almost flat at
Seed Co launches SC533
Business ReporterAS part of its contribution to food security in Zimbabwe, Seed Co recently launched a high-performing medium variety, the Blockbuster SC533, at a field day held at Nhe- weyembwa
Cyprus freezes assets of Greek trio
NICOSIA. — Court orders were issued last Friday freezing more than five billion euros in assets of three Greek former executives of the island’s now defunct Laiki Bank, the CyprusEuropean Council boss calls for action
ROME. — European Council president Herman Van Rompuy has called for an “immediate fight” against unemployment on a visit to Italy ahead of a summit next month set to focusUS consumer spending dips
WASHINGTON. — United States consumer spending fell in April for the first time in 11 months, the Commerce Department said on Friday in a report pointing to weaker growth in the world’sRioZim turns the corner
Golden Sibanda Senior Business ReporterRESOURCE firm RioZim Limited appears to have turned the corner after a solid financial performance in the first quarter of 2013. A trade update released by management at the firm’s annual general meeting in Harare last week shows RioZim is consolidating
Econet profits plunge
Business ReporterECONET Wireless Zimbabwe’s after-tax profits declined by 15,5 percent for the year to February 28 2013 weighed down by a significant increase in depreciation and amortisation,
Merchants lure cotton growers
Martin Kadzere Senior Business Reporter
SIDE marketing of cotton has resurfaced at various buying points across the country amid concerns that some ginners may fail to fully recover investments they made in financing the



