Mandela’s will: Graca benefits more

JOHANNESBURG. — The late South African President Nelson Mandela’s third wife, Graça Machel, is the main beneficiary of the will, which was read in Johannesburg yesterday because their marriage was…

NMB floats US$50m SME bond

LISTED financial company NMB Bank managed to raise US$4 million during the floatation of the first tranche of its two-year US$50 million mortgage-backed Small to Medium Enterprises bond issue which…

Main beneficiaries from Madiba’s will

JOHANNESBURG. — Almost 50 people or institutions are named as beneficiaries in former South African president Nelson Mandela’s will, according to an executive summary.

Miners to get royalties reprieve

Zimbabwe is likely to revoke the recent amendment to fiscal law that stops mining companies from claiming royalties for tax purposes. The move to prohibit mining companies from claiming royalties…

Gold tops minerals output

Business Reporters GOLD remained the mainstay of mineral production in the country accounting for more than 30 percent of the total value produced in 2013, latest mineral statistics show.

Opposition implosion hands ANC lifeline

JOHANNESBURG. — A freshly inked merger between South Africa’s opposition parties has imploded just months before a general election, handing the beleagured ruling ANC party a lifeline yesterday.

Currencies vital for bilateral economic ties

Golden Sibanda Senior Business Reporter THE introduction of four more foreign currencies to the multi-currency regime is good for development of bilateral economic ties with countries that use the currencies,…

Models in Valentine’s Diamond pageant

Yeukai Karengezeka and Thupeyo Muleya Zim Gossip Models will celebrate Valentine’s Day in style as they host the inaugural Valentine’s Diamond on February 14 at Kebab Centre. ZGM chief executive…

Rainbow Beitbridge Hotel opens

Walter Muchinguri and Thupeyo Muleya in Beitbridge THE National Social Security Authority’s US$22 million state of the art hotel in the border town of Beitbridge is now open. The project…

Bafana eye Gorowa

Petros Kausiyo Deputy Sports Editor ZIFA’S failure to tie up Warriors coach Ian Gorowa to a long-term contract could return to haunt them amid revelations that the South African Football…

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