adminDonating blood pays off
Business ReporterMobile telecommunications operator NetOne on Tuesday handed over two desktop computers, two data dongles, a printer, 100 T-shirts, a shield and certificate to Nagle House Girls’ High School for donating the most blood units in the EasyCall top provincial schools blood donation awards for Mashonaland East. The awards ceremony was part of the
Statutes of commercial arbitration
Wenceslaus Murape
Section 5 (1) of the Arbitration Act provides that where an enactment requires any matter to be determined by an Arbitrator or by arbitration in accordance with any law relating to arbitration, such requirement shall be deemed to be an arbitration agreement for the purpose of the Act.
Product ‘dumping’ costs SMEs
Business ReporterThe contribution of Small to Medium Enterprises to the country’s Gross Domestic Product is taking a severe knock due to product “dumping” from countries such as neighbouring South Africa, a recent research has revealed. The SMEs reportedly employ about 90 percent of the employable population in the country. The research spearheaded by Trust
External trade on the decline
Business ReporterZIMTRADE says Zimbabwe’s external trade was last year negatively affected by the poor performance of the manufacturing sector. In its 2012 annual report published yesterday, ZimTrade said this resulted in the country recording its lowest growth rate in the past four years. “In 2012, the economy experienced a growth rate of 4,4 percent which was the
Sluggish economy hits property market
Rumbidzayi Zinyuke Business ReporterThe Estate Agents Council of Zimbabwe says the default rate in the property sector has increased to between 50 and 60 percent compared with the normal rates of between 10 and 20 percent, owing to economic challenges. Chairman Mr Oswald Nyakunika said the default rate was expected to continue to rise until the economy stabilised. “Default rate
Hewitt dumped out of tennis champs
LONDON. — Lleyton Hewitt was yesterday dumped out of Wimbledon tennis championships by German qualifier Dustin Brown, the dreadlocked former Jamaica player ending the 2002 champion’s hopes of an impressive comeback run. Brown, whose fluid style and range of shots won him fans on Court 2, beat the Australian veteran 6-4, 6-4, 6-7 (3/7),Marchisio confident
RIO DE JANEIRO. — Claudio Marchisio believes teammate Alberto Gilardino will prove a successful deputy for the injured Mario Balotelli when Italy tackle Spain in the Confederations Cup soccer semi-finals tonight. Balotelli was ruled out of the tournament on Monday after tearing a muscle in his left thigh, depriving coach CesareLiverpool sign goalkeeper Mignolet from Sunderland
LONDON. — Liverpool have confirmed the signing of goalkeeper Simon Mignolet from Sunderland. The 25-year-old Belgium international has signed a long-term contract, having passed a medical, after the Reds agreed a fee with Sunderland on Friday which could rise to £11million-plus. Manager Brendan Rodgers has stressed Mignolet has not beenAthletes need aides
From Robert Mutsauki in ABUJA, NigeriaIT goes without saying that Africa has an abundance of sport talent. What is debatable is to what extent we have been able to capitalise on this gift of nature which can be found even in remote villages throughout our beloved continent. It is important though to realise that talent alone is not enough for high level performances and hence talent