Please hire me, begs Josphat

Yeukai Karengezeka Entertainment Reporter Sungura musician, Josphat Somanje, whose career took a nosedive about two years ago, is begging fellow musicians and promoters to consider him as a supporting act…

Gold output marginally falls

Martin Kadzere Senior Business Reporter ZIMBABWE’S gold output marginally fell 2 percent last year after Government banned all mining activities along river banks in a bid to halt environmental degradation.…

Rich, poor gap widens, says UN report

The richest 1 percent of the world population owns about 40 percent of the world’s assets, while the bottom half owns no more than 1 percent, said a UN report…

Emerging markets under pressure

LONDON. – Emerging markets faced intense pressure yesterday after the US Federal Reserve cut its stimulus further, with currencies in India, South Africa and Turkey failing to rally despite interest…

Town clerk suspended over pay

Municipal Reporter Harare town clerk Dr Tendai Mahachi was yesterday suspended for three months for failing to provide the salary schedule of all senior council employees.

Zim diamonds for Asian markets

Farirai Machivenyika Senior Reporter Diamonds from Marange will soon be sold in China and the United Arab Emirates as Government seeks to maximise revenue from the precious stone, Finance Minister…

McIlroy master-class lights up Dubai

DUBAI. — Rory McIlroy hit a sizzling nine-under 63 in the opening round of the US$2.5 million Dubai Desert Classic yesterday, bolstering his hopes of claiming a first European tour…

‘Struggling banks should downgrade’

Business Reporter THE Reserve Bank of Zimbabwe has advised banks that are struggling to meet the minimum capital requirements to downgrade and obtain deposit taking micro-finance licences. The central bank…

Honeymoon over for bank directors, shareholders

Golden Sibanda Senior Business Reporter Bank directors and shareholders who abuse depositors’ funds risk prosecution and going to jail in terms of amendments proposed in the Banking Act, the Reserve…

Gunners close in on Draxler

LONDON. — Arsenal were rushing to complete a £37million swoop for Schalke sensation Julian Draxler on Wednesday night. The Gunners are increasingly confident that a deal to sign the 20-year-old…

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