adminNSSA issues pensions reminder
Business ReporterThe National Social Security Authority has reminded employers and employees that the national pension scheme contribution rate and insurable earnings ceiling go up with effect from this month. “We would like to remind employers that they are required to apply the new employee contribution rate of 3,5 percent of each employee’s basic earnings up to a
Bond buying Ill-timed, says Fed chief
Washington. – St Louis Federal Reserve Bank president James Bullard is worried that the Fed’s decision last week to announce a plan to reduce bond buying was poorly timed, the regional Fed bank said in a statement explaining his dissent.China, EU in bid to end ‘solar war’
BEIJING. – The European Union said it had started ministerial-level talks with China, were they are expected to discuss rows over solar panels and other products, as tensions between the two risk escalating into a trade war.EU to forge rules on banks
Luxembourg. – The European Union sought last week to forge rules to force losses on large savers of failed banks, a taboo that was broken in this year’s bailout for Cyprus.Finance ministers in Luxembourg are trying to resolve one of the most difficult questions posed by Europe’s banking crisis – how to shut failed banks without sowing panic or
No easy walk to Warsaw
Jeffrey Gogo Climate story“AT a time when the climate change stakes have never been higher, the multilateral process is bedevilled with a lack of momentum, waning public interest and other competing priorities.”
Airzim to refurbish Boeings
Business ReporterAIR ZIMBABWE says it will refurbish its two Boeing 767 aircraft to service international flights starting with London in November this year.
Acting group chief executive Mr Innocent Mavhunga said that the Boeing 767 planes were still in good condition to ply international routes.
More trouble for David Whitehead
Business ReporterDAVID Whitehead Textiles Ltd has been hit by a fresh claim of US$5,8 million after it acted as a guarantor to a loan facility the Agricultural Bank of Zimbabwe advanced to FSI Agricom Cotton two years ago.
Diamond council hails Zim
Senior Business ReporterTHE African Diamond Council says Zimbabwe can be considered a diamond success story after the country managed to auction its gems on international markets at a time when it was under sanctions from the Kimberley Process Certification Scheme.
I am a simple girl, says Kelly Rowland
BESIDES a few paparazzi moments on Miami Beach and her latest single “Dirty Laundry,” Kelly Rowland is a very quiet person when it comes to her personal life. In a recent intimate chat with Singersroom’s founder Jus Music, without spilling too much, the R&B beauty opened up about the kind of men she likes, dating, traveling, cooking