US 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’s

Rotarians to the help

Herald Reporter
Chitungwiza Rotary Club last week donated construction material and bales of blankets to the Chitungwiza blast victims. The Rotarians said the donation came in the wake of

‘Dependency has failed Africa’

LAGOS. — Charity and aid have failed Africa and its leading entrepreneurs are now driving the continent’s development agenda, said a prominent Nigerian economist in a presentation that was hailed at the ongoing African Development Bank’s Annual

Harare fails own test

Municipal Reporter
Harare City Council has failed to meet its own deadline on the removal of commuter omnibuses from the Market Square and Speke Avenue bus ranks to the kombi

India’s slow growth worrying

NEW DELHI. — India’s economy grew by 5 percent in 2012/2013, its slowest annual rate in a decade, in another blow to the corruption-hit government ahead of national elections due by next year,

Regiment on alert

Herald Reporter
Members of the Parachute Regiment will swiftly react to any threat to sovereignty that might arise in any part

RioZim turns the corner

Golden Sibanda Senior Business Reporter
RESOURCE 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

Parly Committee on finance seeks to block Income Tax Bill

Zvamaida Murwira in BULAWAYO
The parliamentary portfolio Committee on Budget, Finance and Investment is this week expected to block debate and subsequent passage of the Income Tax Bill being steered by Finance

Econet profits plunge

Business Reporter
ECONET 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,

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