US admits setback in Mid East peace talks push

RAMALLAH. — Palestinian politicians rebuffed yesterday a hard-fought peace blueprint thrashed out by US Secretary of State John Kerry with president Mahmud Abbas in a major blow to his marathon peace efforts.

Race a factor in my son’s shooting, says Trayvon’s dad

WASHINGTON. — Race was a factor in the death of an unarmed black US teen by a volunteer watchman recently acquitted in his killing, the victim’s father said yesterday.
Seventeen-year-old Trayvon Martin was fatally shot on the rainy night of February 26, 2012, as he walked through a quiet Florida community.

Race and class in America

Barry Gray
The acquittal of George Zimmerman, the “neighbourhood watch” volunteer who shot and killed 17-year-old Trayvon Martin in February of 2012, has provoked popular outrage. The wanton slaying of an unarmed African American youth, who posed no danger to his assailant, and the judicial travesty of the killer’s exoneration have become a focus of

CZI forecasts slump in capacity utilisation

Business Reporter
THE Confederation of Zimbabwe Industries has forecast a further decline in capacity utilisation this year, as manufacturing companies remain under pressure from tight liquidity and competition from low-priced imports.

Aico to offload Seed Co stake

Martin Kadzere Senior Business Reporter
ZIMBABWE Stock Exchange-listed agri-industrial firm Aico Africa Ltd is set to dispose of a 20 percent shareholding in Seed Co to a United Kingdom seed company, Limagrain, sources familiar with the matter have said.

Telecel acts on shareholding

Business Reporter
TELECEL Zimbabwe has started regularising its lopsided shareholding, a precondition for the  renewal of its expired mobile licence, after emissaries of its shareholders met Government officials two days ago.

Superbrand top 200 unveiled

Rumbidzayi Zinyuke Business Reporter
ZIMPAPERS will have a chance to defend its place in the Superbrand awards for the third time as more players are vying for a chance to win the prestigious accolade that honours the country’s most preferred brands.

Microplan accorded platinum status

Business Reporter
FBC Holdings Limited subsidiary Microplan Financial Services was recently accorded platinum status by the Zimbabwe Association of Micro-finance Institutions, recognising the company as one of the major players in the micro-finance industry.

DWTL assets up for sale

Golden Sibanda Senior Business Reporter
DAVID Whitehead Textiles provisional judicial manager Mr Winsley Militala has been granted permission by the Master of the High Court to sell some of the troubled firm’s assets to meet security costs.

Tax evasion tops G20 agenda

MOSCOW. —  Tax evasion and splits over the state of the global economy as emerging markets slow down are the main subjects for a meeting of G20 countries  today  and tomorrow.

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