adminHCC secures $11m for recapitalisation
Harare Bureau HWANGE Colliery Company Ltd has secured $11 million from the Export-Import Bank of India for the acquisition of plant and machinery, sources familiar with the transaction said on…
Residents sceptical over new currencies
Business Reporter BULAWAYO residents have expressed mixed feelings and concern over the introduction of more currencies into the local multi-currency basket.
Toyota’s $500m handout a dead end
TOYOTA’S decision to shut down local manufacturing, which is expected to cost thousands of jobs and billions in investment, comes despite the Japanese car maker receiving government grants of up…
Call for strategies to attract FDIs
Sithandazile Moyo Business Reporter THE civic society has urged the government to come up with strategies that will attract foreign investment to implement the Zim Asset document.
SA platinum strike talks to resume
JOHANNESBURG — Talks to end a crippling strike by South African platinum miners will resume on Thursday, government mediators said, raising faint hopes for an end to the stoppage, now…
Editorial Comment: Mobilise resources for flood victims
President Mugabe has declared the flooding that is threatening more than 60,000 people downstream of Tokwe-Murkosi Dam in Masvingo a state of disaster. This enables government to mobilise more resources…
Sequestration a ploy to silence Malema: EFF
JOHANNESBURG — The Economic Freedom Fighters party yesterday claimed Julius Malema’s provisional sequestration was part of an agenda to silence him.
Second round of Geneva II talks kicks off as rift remains
GENEVA — Syrian government and opposition delegates resumed the second round of talks yesterday. After the first round of Geneva II negotiations between the warring sides mediated by UN-Arab League…
China cracks down on sex industry
HONG Kong — Chinese authorities have carried out a rare crackdown on the sex trade in the “sin city” of Dongguan following a candid report by the state broadcaster on…
Swollen Thames threatens thousands of homes
LONDON/BUJUMBURA/LA PAS — Incessant rains, flooding and mud slides in different parts of the world are now a cause for concern as they leave behind a trail of deaths, massive…