More city firms placed under judicial management

Oliver Kazunga Acting Business Editor SEVEN companies in Bulawayo were last year placed under judicial management while three others were in liquidation, further evidence that city firms critically require funding…

Asia’s manufacturers buoyant at end 2013

Asia’s manufacturing sector ended 2013 on a strong note, with expansion hitting multi-year highs in export-driven Japan and Taiwan, but signs of moderation in China raises concerns about the outlook…

Fiat shares jump on Chrysler merger deal but worries remain

Fiat shares jumped today after it struck a $4,35 billion deal to gain full control of Chrysler Group LLC, but doubts remained over whether the Italian carmaker can use the…

Israeli economy hits a five-year low

JERUSALEM – Israeli economy in 2013 grew at the slowest pace in the last five years, preliminary estimated by Israel’s Central Bureau of Statistics showed on Tuesday. Israel’s gross domestic…

Russia’s 2013 oil output hits post-Soviet high

World energy power Russia said that its 2013 oil output hit a post-Soviet high while natural gas production of its giant Gazprom holding slipped for the second successive year. The…

India scraps $753 million Finmeccanica helicopter deal

India has cancelled a $753m (£455m) helicopter deal with Italian defence giant Finmeccanica after allegations of corruption, officials say. The contract was for 12 luxury helicopters to transport VIPs. Defence…

South Africa set for downgrade in 2014 – expert

Cape Town – South Africa is set for a sluggish growth recovery in the new year, according to Nomura emerging markets expert Peter Attard Montalto.  “A sluggish recovery for South…

Warriors to clash Gabon at Rand

Harare Bureau THE Warriors are set to clash with Gabon at the Rand Stadium in Johannesburg in what could be their only high profile international friendly ahead of the African…

Govt to look into issues affecting women football

Acting Sports Editor THE Government has described as “very unfortunate but avoidable” the chaos that is rocking Zimbabwe Women Football that saw the year ending with clubs not kicking the…

Clubs warned against impulse player buying

Sikhumbuzo Moyo Acting Sports Editor ZIMBABWEAN soccer clubs have been warned against impulse buying of players but instead invest in junior development. The call was made by two administrators who…

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