Economic plan to swing poll

Golden Sibanda Senior Business Reporter
POLITICS of the economy would be a major deciding factor in the grand scheme of things when Zimbabweans vote in the forthcoming watershed elections.
As such, the outcome of the harmonised elections slated for July 31 anchors heavily on the contesting parties’ economic master plans to guarantee economic growth, food

Militala refutes DWTL impropriety claims

Business Reporter
DAVID Whitehead Textiles Limited provisional judicial manager Mr Winsley Militala has refuted allegations by four former members of the DWTL workers’ committee that he had illegally sold some of the firm’s assets.

‘Tobacco no threat to food security’

Agriculture Reporter
THE increase in tobacco production is expected to bring positive effects to national food security, agricultural experts have said.
There have been growing concerns over the increase in the tobacco hectarage each year with some people fearing this could result in low food production.

RTG launches Virtual platform

Business Reporter
RAINBOW Tourism Group yesterday launched a new partnership platform for local hotels to partner the group and drive revenues in areas that the hotel does not cover.
The platform, RTG Virtual, presents small hotels with a chance to partner with RTG so that they can get customers through the RTG Central Reservations Desk for an agreed

Japan economy on the mend: BoJ

TOKYO. — Japan’s central bank yesterday struck an optimistic note about the economy, using the word “recover” for the first time in more than two years and pointing to a pick-up in investment as well as consumer and business confidence.

Opec forecasts drop in oil demand

LAGOS. — The Organisation of Petroleum Exporting Countries forecasts that international demand for crude oil will shrink considerably next year owing to more shale oil discoveries by the United States.

Kingdom appoints group CRO

AfrAsia Kingdom Zimbabwe Limited has appointed Mr Noel Marimira as the group chief risk officer with effect from July 1.
Reporting to the group chief executive, Mrs Lynn Mukonoweshuro, Mr Marimira will be responsible for the group’s risk management strategy and framework. Mr Marimira has over

Accident analysis

Accidents can be classified as either preventable or non-preventable. As traffic safety authorities we believe that “An accident is a total loss unless something useful can be learned from it”.

Gold reaches high on US Fed signal

LONDON. — Gold jumped to a near three-week high yesterday as the dollar tumbled after the US Federal Reserve signalled it would continue to pursue monetary stimulus, given tame inflation and a fragile labour market.

SAP hosts debut Africa Partner Summit

JOHANNESBURG. — Germany-based Systems Applications Products will next week hold its first African Partner Summit.
The event, scheduled for Cape Town in South from July 17-19, offers partners from all over Africa access to network with SAP and among themselves.

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