adminZim debt resolution forum set for September
Zimbabwe’s move to resolve its debt to international and regional finance institutions will receive impetus from the second Debt Resolution Forum on Zimbabwe.
Essar deal to open new chapter in economy
Oliver Kazunga Senior Business Reporter ECONOMIC commentators have hailed the finalisation of the $750 million Essar deal saying it heralds a new chapter in Zimbabwe’s economy as it will promote…
Dairibord Holdings to commission new plants
Harare Bureau DAIRIBORD Holdings will commission five new plants this year under a $10 million capital expenditure programme to grow its revenues and cut down costs to overturn the loss…
Blue Ribbon seals fresh capital deal
Golden Sibanda Harare Bureau BLUE Ribbon has concluded negotiations with Tanzanian grain miller Bakhresa Group in a deal that could result in the injection of $40 million in fresh capital.
New gold deposits discovered in Nyanga
Harare Bureau NEW rich gold deposits were recently discovered by artisanal miners in Nyanga. Mines commissioner for Manicaland Province Agripa Chimusasa said in an interview last week that the discovery…
Barclays offshore credit to help sustain growth
BARCLAYS Bank Zimbabwe will sustain growth in the loan book and offshore lines of credit, but contends it would close the year at lower than planned loan and deposit levels.
2 die in Malawi campaign violence
Blantyre — Two people were killed late yesterday in a clash between supporters of Malawi’s ruling party and the opposition, police said, triggering concerns that violence could mar the buildup…
LRA rebel chief Kony promotes son
Kampala — Uganda’s notorious rebel chief Joseph Kony has named his son as deputy of his Lord’s Resistance Army (LRA), a guerilla force infamous for its extreme savagery, the army…
Boko Haram West Africa’s al-Qaeda: Jonathan
Paris — Nigerian Islamist militant group Boko Haram, which has kidnapped more than 200 schoolgirls, is no longer a local threat but has become West Africa’s al-Qaeda, Nigerian President Goodluck…
UN troops deploy in Somali capital
Mogadishu — A special UN military force to protect aid workers deployed for the first time here yesterday, amid a wave of attacks blamed on al-Qaeda-linked Shabaab insurgents.