adminAustralia says new ‘pings’ best lead yet in Malaysia jet search
AN Australian ship searching for a missing Malaysia Airlines jetliner has picked up signals consistent with the beacons from aircraft black box recorders, in what search officials said yesterday was…
Tender board stops council audit
Innocent Ruwende Municipal Reporter— GRANT Thornton Camelsa has been stopped from auditing Harare City Council’s books by the State Procurement Board after it emerged that its engagement could jeopardise the…
Hexco probe opens Pandora’s box
Takunda Maodza Assistant News Editor— A Government probe into the state of affairs at Hexco has confirmed that the officer running the national exams database is not qualified for the…
Blanket Mine gold output slumps
Mernat Mafirakurewa Business Editor— GOLD output at Caledonia Mining Corporation subsidiary, Blanket Mine, fell 7,2 percent in the first quarter to March 31 due to low grades. Caledonia, however, said…
Foreign investors for SMEs
Oliver Kazunga Senior Business Reporter THE government will soon invite foreign investors to partner Small and Medium Enterprises in different sectors to promote economic empowerment and growth, a Cabinet Minister,…
$103 million Treasury Bills fully subscribed
Conrad Mwanawashe Business Reporter NINE financial institutions have fully subscribed for the $103 million Treasury Bills floated by the Reserve Bank of Zimbabwe last month with CBZ Bank snapping up…
Lifeline for David Whitehead Textiles
Harare Bureau DAVID Whitehead Holdings has been saved from liquidation after the High Court granted a final judicial management order for the company. Knowledge Hofisi of Aurifin Capital has been…
Minister raps criminal defamation
Herald Reporters— Daily News group editor Stanley Gama and reporter Fungisai Kwaramba were yesterday picked up by the police for questioning in relation to a story published in January about…
Zimplow seeks to consolidate share capital
Harare Bureau ZIMPLOW intends to consolidate its share capital by which every four existing ordinary shares of $0,0001 each will be consolidated into one new ordinary share of $0,0004. The…
Zim, Holland foster trade ties
Senior Reporter— Amsterdam’s Ambassador in Harare Gera Sneller yesterday met Acting President Joice Mujuru to discuss a recently-brokered deal that will see Zimbabwe exporting fresh farm produce to Holland. Addressing…