adminConcern over judicial management applications
Business Correspondent THE High Court of Zimbabwe yesterday expressed concern over companies abusing the judicial system by applying for provisional judicial management but taking time to appoint a judicial manager…
Tobacco farmers target 200m kg
Tobacco farmers have planted a total of 97,982 hectares, enough to produce 200 million kilogrammes, the Tobacco Industry and Marketing Board (TIMB) has said. TIMB chief executive Dr Andrew Matibiri…
City residents embrace sack potato farming
Sithandazile Moyo Business Reporter BULAWAYO residents have embraced sack potato growing with young people confident that this will create employment for them. Speaking on the sidelines of a training event…
Economy to hit deflation point
Zimbabwe’s economy will hit the deflation point next month if the current downward trend in inflation continues, a leading economist said yesterday. Deflation occurs when the inflation rate reaches below…
Central Securities Depository installation at ZSE still underway
Oliver Kazunga Business Reporter WORK to install a Central Securities Depository (CSD) at the Zimbabwe Stock Exchange (ZSE) is still under way with the company implementing the project having missed…
Banks probed over forex fixing
The Federal Reserve is investigating whether traders at the world’s biggest banks rigged benchmark currency rates, raising the risk that firms will be penalised for lax controls as regulators look…
IMF adds four European countries to risk list
The IMF yesterday added Denmark, Finland, Norway and Poland to its list of countries that must have regular check-ups of their financial sectors, under an effort to prevent a repeat…
Euro in demand among criminals
Frankfurt – The euro is gaining currency among criminals. The number of counterfeit euro banknotes withdrawn from circulation in the second half of last year rose by 11,4 percent from…
Kaindu’s absence raises eyebrows
Ricky Zililo Sports Reporter HIGHLANDERS FC coach Kelvin Kaindu is skating on thin ice by being absent from the team’s off-season which is the crucial stage in terms of laying…
Warriors in must-win tie
Lawrence Moyo and Petros Kausiyo in CAPE TOWN, South Africa ZIMBABWE coach Ian “Dibango” Gorowa and his skipper, Partson Jaure, have erased the pain of their frustrating opening 2014 Chan…