adminBoko Haram seizes villages, towns in NE Nigeria
KANO (Nigeria) — Boko Haram yesterday attempted to blow up a bridge on the Nigerian border with Cameroon after overrunning a town and sending residents and soldiers fleeing, police and…
India doctors remove 36-year-old foetus
NEW Delhi — Doctors in India have removed the skeleton of a foetus that had been inside a woman for 36 years in what is believed to be the world’s…
20 killed, 22 injured in Egypt microbus collision
AT least 20 people were killed and 22 others injured when two microbuses carrying a wedding party collided and fell into a canal in southern Egypt. The accident took place…
RBZ rescues banks, proposes incentives
Business Editor— THE Reserve Bank of Zimbabwe (RBZ) has moved to cushion banks from increasing non-performing loans and proposed a removal of several bottlenecks to incentivise increased foreign direct investment…
Grain deliveries flood GMB
Charity Ruzvidzo Business Reporter THE Grain Marketing Board (GMB) has so far received 121,979 tonnes of maize from farmers as deliveries continue countrywide. GMB corporate communications manager Muriel Zemura yesterday said grain…
Zim-dollar return ruled out
Prosper Ndlovu Buisness Editor RESERVE Bank Governor Dr John Mangudya says the central bank will soon be importing special coins as part of measures to buttress the multiple currency system but…
Dairy industry seeks customs duty waiver
Business Reporter PLAYERS in the dairy industry have approached the Competition and Tariff Commission (CTC) seeking a waiver of customs duty on imported dairy products’ packaging and raw materials. CTC said…
Gold output projected 13 tonnes
Business Reporter FIDELITY Printers and Refiners has projected an increased gold output of 13 tonnes by year end from 7.3 tonnes of gold purchased and processed as at July 31,…
Lonmin rubbishes report of 5,700 job cuts
BEN Magara, CEO of Lonmin, on Monday denied a Reuters report that the platinum producer plans to cut 5,700 jobs to improve profitability after the five-month strike that crippled the…
SA dodges recession as Q2 GDP grows 0.6pc
PRETORIA – South Africa’s economy avoided slipping into a recession in the second quarter, as solid growth in the agriculture and financial industries outweighed a hammering in the strike-hit mining…