adminCompany closures worsen imports dependence
Acting Business Editor THE growing imports dependence has been worsened by the continued closure of industries, the Reserve Bank of Zimbabwe acting Governor Dr Charity Dhliwayo has said.
Air Zimbabwe needs $50 million
Harare Bureau AIR Zimbabwe needs an emergency cash injection in excess of $50 million which would prevent the ailing national airline from collapse, a senior official said.
Zesa CEO’s term extended
Harare Bureau Government has extended Zesa Holdings chief executive Eng Josh Chifamba’s term of office by three years while a new board expected soon will determine his conditions of service.
CBZ to phase out withdrawal slips
ONE of Zimbabwe leading financial institutions, CBZ Bank will be phasing out the use of cash withdrawal slips with effect from the beginning of next month.
Editorial Comment: Put honourable people in positions of authority
CORRUPTION is a cancer which if not nipped in the bud could derail efforts to put Zimbabwe on the path to prosperity. It is a disease which has festered and…
‘Mandela compromised idea of Pan-Africanism’
Cuthbert Mavheko When former South African President Nelson Mandela passed on last year, a wave of grief swept across the entire world. World leaders eulogised Mandela, describing him as an…
ICC launches CAR war crimes probe
The Hague — The International Criminal Court said it had opened an initial probe into war crimes in the Central African Republic, where another lynching on Friday underscored spiralling sectarian…
Iran says warships to approach US borders
An Iranian naval officer has said a number of warships had been ordered to approach US maritime borders as a response to the stationing of US vessels in the Gulf,…
Morocco bans judges’ protest
Rabat — Moroccan authorities banned a sit-in on Saturday by hundreds of judges who want greater independence for the judiciary, deploying dozens of riot police to central Rabat and closing…
Blaze kills pilgrims in Saudi Arabia’s Medina
A fire at a hotel in Islam’s holy city of Medina in Saudi Arabia has left 15 pilgrims dead and injured 130 others, according to the state-run news agency SPA.