adminDairibord profits lower
Business ReporterDAIRIBORD HOLDINGS has warned group profits for the half year period to June 30 2013 would be lower compared to the prior year due to operational and related market challenges. In a statement, the board of Dairibord Holdings Limited said it had made a decision to realise both the staff and plant rationalisation expenses in the first half of the
Indian firm awarded gas tender
The Government has awarded Indian firm Water and Power Consultancy Services the tender to explore for coal-bed methane in the Lupane area, Matabeleland North province.The tender for gas exploration, to be used in power generation, was floated last year. In 2007, the Government declared exploration of the gas a priority but to date no
Blatter to stay as Fifa president
RIO DE JANEIRO. – Fifa president Sepp Blatter’s chances of remaining in office after 2015 have increased dramatically after Fifa secretary-general Jerome Valcke urged him to stay in the job. Valcke was asked if he would be standing as Fifa president and after laughing off that suggestion by saying he had a World Cup to organise, he said Blatter
Editorial Comment: Zupco must revamp operations, be customer-centred
Many companies in Zimbabwe survived under difficult circumstances in the last decade as sanctions took their toll on the economy and many are still battling to operate viably as the economy is not yet out of the woods. What should be noted, however, is that those that were quick to adapt to the changing environment by adopting innovative approaches,
Thugs of the near and Middle East
Stephen GowansHe has cracked down harshly on protestors who object to his autocratic style. He calls his opponents terrorists and says there’s a foreign plot to topple his government. He says the opposition is infiltrated with foreigners from all parts of the world. Assad? No. This is Turkey’s prime minister Recep Tayyip Erdogan, according to The New York Times.
Inclusive Govt failed dismally on the economic front
Takunda Mugaga Economic Agenda
The life of the inclusive Government, which came into being following an arduous stretch of negotiations, is set to end within the next 10 days and it is only fitting that the final Cabinet meeting should observe a moment to honour former SA president Thabo Mbeki for the huge role he played in facilitating this arrangement. The inclusive Government
Commercial arbitration
At the Workplace Wenceslaus MurapeThe Law of Arbitration in Zimbabwe is embodied in the Arbitration Act (Chapter 7:15) as well as the Arbitration (International Investments Disputes) Act (Chapter 7:03). Arbitration has existed even before the enactment of the predecessor to the current Arbitration Act (Chapter 7:02). The principles of arbitration have all been existent in the
Regional approach a must
Antipas Masawe and John MashakaAfrica has the greatest manufacturing and growth potential among the countries sharing the Indian, Atlantic, and Mediterranean oceans and their coastlines in North and South America, Middle East and Asia. If their exploitation is well organised and managed, the continent could become a global manufacturing hub. Africa is strategically located on
Young Igwe launches album
Munyaradzi Chamalimba
Peter Moyo popularly known as the Young Igwe Wednesday night launched his debut six track album titled Mushonga Mukuru. The event hosted at the ZimCafe Hotel and Conference was graced by a number of musicians
‘Council assets not for campaigns’
Michael Chideme Municipal ReporterHarare Mayor Muchadeyi Masunda has implored politicians to desist from using council assets for campaign purposes. Mr Masunda’s comments come in the wake of reports that some councillors, who have nothing to show for the five years they spent in office, had requested to parade council’s new plant and equipment at campaign rallies. However