China fines Johnson & Johnson for price fixing on eye glasses

JOHNSON & Johnson, Bausch & Lomb Inc and other major producers have been fined more than 19 million yuan ($3,04 million) for fixing prices in China’s eye glass and contact…

‘SA taking initiative to end Amcu strike’

MAPUTO — The South African government is taking the initiative to end a crippling platinum sector strike now in its 18th week, new Finance Minister Nhlanhla Nene said yesterday.

Mwana Africa to set up new gold processing plant

Tinashe Makichi Harare Bureau FREDA Rebecca Gold Mine, a subsidiary of Alternative Investment Market-listed Mwana Africa Plc intends to set up a new gold processing plant as part of its…

Seed Co in investment drive

Tinashe Makichi Harare Bureau ZIMBABWE’S largest seed company, Seed Co Private Limited plans to invest about $6 million towards research and importation of new technology by 2015 as the company…

Murray beats Matosevic at French Open

ANDY Murray made smooth progress into round three of the French Open with a straight-sets win over Australian Marinko Matosevic. The Briton, seeded seventh, won 6-3 6-1 6-3 in one…

EMA bans well sinking along Umguza River

Nqobile Tshili Chronicle Reporter THE Environmental Management Agency (EMA) has banned villagers living along Umguza River from sinking wells and using water from such sources saying the water table along…

Hunyani record operating loss

Harare Bureau Hunyani Holdings Ltd, a paper packaging and forestry company, reported an operating loss in the six months to April as costs increased while revenue declined.

Man torches mother’s homestead

Sukulwenkosi Dube Plumtree Correspondent A Mangwe man went berserk and torched two of his mother’s huts, destroying property worth about $350 in revenge over alleged ill-treatment by her.

OM ups Nkulumane Fun Run sponsorship package

Mzingaye Sibanda Sports Reporter OLD Mutual have increased their sponsorship package for the Nkulumane Fun Run to $11,000. This was revealed by the organisers at a press conference held in…

Action plan needed to halt economic slide: Nyarota

Golden Sibanda Harare Bureau There is need for immediate multi-sectoral efforts to come up with bold corrective measures to prevent the economy from sliding further into a decline, a Reserve…

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