adminOur country needs healing, says SA actress Lindiwe Ndlovu
WE chat to actress Lindiwe Ndlovu, the lead character in the South African-produced film “Little One”.A month before the opening, she bagged a Safta award presented by the suave American actor Samuel L. Jackson for best actress in a feature film.
Economic growth stalls: CZI
Golden Sibanda Senior Business ReporterNEWLY elected Confederation of Zimbabwe Industries president Mr Charles Msipa says economic growth has stalled resulting in more company closures and loss of jobs in the manufacturing sector.
Rio Tinto to keep diamond mines
RIO Tinto Group, the world’s second largest mining company, said it has scrapped plans to sell its diamond mines in Zimbabwe, Canada and Australia after failing to find a buyer, recent media reports said.Meikles partners Afghan mining firm
Business ReporterMEIKLES Limited has concluded a shareholding agreement with an Afghan mining company that will see the group investing in various mining activities in the Midlands province.
The Zimbabwe Stock Exchange-listed company said a new company, Meikles Centar Mining Limited, has since been formed and the local entity would hold a majority stake in line
Side-marketing a major threat to cotton production
Martin Kadzere Senior Business ReporterTHERE is a growing concern over the future of the cotton industry in Zimbabwe as some of the cotton merchants and farmers continue to violate contract agreements through side marketing of the crop.
Anchor business success on ethics
THERE are a number of attributes that must inform the character of a successful business, and among these are servant leadership, meeting reasonable stakeholder expectations, customer satisfaction, and embedding ethics in company strategy, securing community goodwill and caring for the natural environment.CFI finds investment partner for Suncrest
AGRO-INDUSTRIAL concern CFI this week expects to conclude an investment deal for its poultry division, Suncrest in a joint venture that will return the company to profitability.A source close to the negotiations confirmed to New Ziana that a deal was in the offing in the next few days.
Delta to seek share buy back approval
Business ReporterDELTA CORPORATION, the country’s largest company in value terms, will seek shareholders’ approval at the next annual general meeting to buy back at least 10 percent of its issues ordinary share capital.
TN bank establishes livestock trust
Agriculture ReporterThe TN livestock Trust, a subsidiary of Lifestyle Holdings, has established a cattle bank to enable communal farmers to be bankable.
Under the trust, farmers will deposit their cattle where they will be issued with certificates of deposit that can be used as security when accessing loans.
Euro-area bonds slump
PARIS. — European Union leaders will this week attempt to stave off a resurgence of market tremors following a breakdown in talks on setting up unified banking rules.Euro-area bonds slumped, led by Spain and Italy, after negotiations among the 27-member bloc’s finance ministers stalled over the weekend in Luxembourg. They failed to