US firms go for golden hellos

Michigan. – More US companies are luring top executives with multimillion-dollar “golden hello” signing bonuses, undeterred even as high-profile flameouts such as Ron Johnson’s short tenure at J.C. Penney Co.…

Equities market flat

Business Reporter THE Zimbabwe Stock Exchange industrial index was unchanged at 217,2 points yesterday despite volumes of shares traded vaulting by 93,4 percent to 8,5 million. The total value of…

Man steals US$500 000 fertiliser

Tendai Rupapa Senior Court Reporter A suspected fraudster who has been on the run since 2011 for theft of 2 000 tonnes of fertiliser worth more than US$400 000 belonging…

Pastor in US$85 000 fraud

Senior Court Reporter A pastor with Spirit Embassy church in Botswana has appeared in court on allegations of swindling a local company, Traverze Travel of cash amounting to US$85 000.…

Police officer in trouble

Court Reporter A drunken police constable in Chitungwiza who identified himself as a district commanding officer and prevented members of the Central Investigations Department from arresting two suspects in a…

Arts sector ups gender violence campaign

Problem Masau Arts Correspondent Artistes have increased their gender awareness activities as the country prepares to launch the annual 16 Days of Activism Against Gender Violence Campaign in early December.…

£150m flop squad

LONDON. — They were the signings unveiled beneath the optimistic burn of the summer sun. But, as winter nears, they remain in the shadows; injured, benched or still searching for…

Call for Zim diamond sanctions to be lifted

Johannesburg – An international meeting to discuss rules curbing the sale of conflict diamonds began yesterday with a call for the United States to lift sanctions on Zimbabwean mines.

Businessman sues Barclays for US$110m

Daniel Nemukuyu Senior Reporter A HARARE businessman who claims he was wrongly blacklisted in the banking sector as a bad debtor has taken Barclays Bank of Zimbabwe to the High…

Comesa chips in with US$1,4m for dry port

Business Reporter THE Common Markets for Eastern and Southern Africa has agreed to avail US$1,4 million for phase one of the construction of the country’s Walvis Bay dry port.  The…

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