adminPower shifts to Makaziwe Mandela
JOHANNESBURG. — Family anguish over the health of Nelson Mandela has been deepened by arguments over his final resting place, prompting a power shift that could see his eldest daughter emerge as the head of South Africa’s most revered clan.Cameron unveils oil, gas plant in Kazakhstan
ASTANA (Kazakhstan). – British Prime Minister David Cameron unveiled a massive oil and gas processing plant on the shores of the Caspian Sea yesterday during his first visit to ex-Soviet Kazakhstan.French car sales plunge
PARIS. – The market for new cars in France plunged by 11,3 percent in the first six months of the year, hitting the struggling Peugeot group particularly hard, trade data showed yesterday.AirAsia in expansion drive
MUMBAI. – Asia’s largest budget carrier AirAsia outlined plans yesterday to aggressively grow its Indian joint venture, including adding 10 planes a year and focusing on flying new routes.Siemens sells stake to Nokia
BERLIN. – Finnish telecoms equipment maker Nokia is buying the half stake owned by German engineering giant Siemens in their mobile broadband venture NSN for US$2,2 billion, Nokia said yesterday.Chinese manufacturing index hits nine-month low
BEIJING. – Chinese manufacturing activity contracted further in June, data showed yesterday, with a closely watched survey hitting a nine-month low and adding to signs of weakness in the world’s second-largest economy.Eurozone economic crisis eases
BRUSSELS. – The economic crisis in southern Europe may be easing, a key survey signalled yesterday, but unemployment figures showed the eurozone jobless rate hit a previous record-high of 12,1 percent in May.Marketing season cotton sales up
COTTON sales have risen this marketing season compared to the same period last year due to the early resolution of the producer price.Latest figures released by the Agriculture Marketing Authority show that a total of 41 907 690 kilogrammes of cotton have so far been purchased since the marketing season
Schweppes scoops employer of choice award
Business ReporterBEVERAGES manufacturer Schweppes Zimbabwe Limited has been named the winner of the 2012-2013 Employer of Choice in a competition run by the Institute of People Management and Employers Confederation of Zimbabwe.
Ethiopian Airlines boosts Pan-Africanism
Bradwell Mhonderwa Business Ethics
IN one of my recent instalments I wrote about the need for corporate Africa to embed pan-African value systems in their business operations as a way of promoting intra-Africa trade and bringing the African people together.