adminAICO Africa projects significant loss
Harare Bureau AICO Africa Limited has projected a significant loss for the year ended 31 March 2014 largely weighed down by low intake volumes at its cotton small business unit,…
Stocks seen going bullish
Harare Bureau SHARE prices on the Zimbabwe Stock Exchange will pick up once a new Cabinet has been named, Securities Commission of Zimbabwe chairperson Mrs Willia Bonyongwe has said.
JM Busha to set up investment bank in Zim
SOUTH African based company JM Busha Investments plans to set up an investment bank in Zimbabwe in a bid to expand its business in the region.
Gold bosses, unions in war of words as strike looms
Johannesburg – Union leaders warned yesterday, a day before a strike in the gold sector, that mine owners’ handling of pay talks could provoke violence, and bosses said wage hikes…
Rand firms, sees highest level in a week
Johannesburg – The rand extended its rally against the dollar to hit its highest level in more than a week yesterday, helped by upbeat Chinese factory data and a delay…
Global shares buoyed as Syria risk eases
London – A delay in potential US military action in Syria and improving economic data from China and Europe lifted world share markets yesterday and sent the safe-haven Japanese yen…
Syria asks UN to stop ‘any aggression’
Syria has asked the UN to prevent “any aggression” against Syria following a call over the weekend by US President Barack Obama for punitive strikes against the Syrian military for…
Japan PM steps in to deal with Fukushima
The Japanese government will take prompt, comprehensive steps to clean up the wrecked Fukushima nuclear plant amid growing concerns about the plant operator’s ability to handle it, the country’s prime…
PNG ‘Black Jesus’ castrated after cult sacrifices
Sydney — An infamous Papua New Guinea cult leader known as “Black Jesus” was castrated by an angry mob after being hacked to death for killing young girls as sacrifices,…
NSA spied on Brazil, Mexico leaders: report
The US National Security Agency’s spy programme targeted the communications of the Brazilian and Mexican presidents, and in the case of Mexico’s leader accessed the content of emails before he…