Banana firm Chiquita spurns $611m Brazil takeover bid

US Banana firm Chiquita has rejected a takeover bid by Brazil’s Cutrale and Safra groups, saying it was sticking to its plan to merge with European fruit seller Fyffes. Chiquita…

Telkom buys ICT firm

SOUTH African telecommunications giant, Telkom, is set to enter the Botswana market through the acquisition of ICT firm, Business Connexion. While headquartered in South Africa and listed on the JSE,…

NSSA bids to stop Capital Bank from returning shares to RFHL

THE National Social Security Authority (NSSA) is battling to stop the execution of a court order compelling Capital Bank Corporation to return nearly 39 million ordinary shares to Renaissance Financial…

Woman acquitted of insulting neighbour

Mncedisi Buhali Sunday News Reporter A 70-year-old Bulawayo woman allegedly insulted another elderly woman and accused her of bewitching and killing her children, a court heard on Thursday last week.…

Denel boosts net profit to R194 million

CAPE TOWN — State-owned arms manufacturer Denel significantly boosted its net profit to R194m on the back of a long-term turnaround strategy, its 2013/14 financial results revealed on Friday last…

Mutasa gets Zanu-PF chairmanship backing

Zanu-PF Masvingo province says it wants National Chair Ambassador Simon Khaya Moyo elevated to the post of Second Vice President, and Secretary for Administration Cde Didymus Mutasa to be the…

Leaders jet in for Sadc summit l President set to take over bloc’s stewardship

Thirteen Heads of State and Government are expected to attend the 34th Sadc Ordinary Summit which opens here today, with President Mugabe set to assume Chairmanship of the regional grouping.

SADC Council of Ministers revise strategic document

The Regional Indicative Strategic Development Plan (RISDP), which was scheduled for possible adoption at the 34th Sadc Heads of State and Government Summit opening here today, will be further revised…

Hospitals loot funds

Kudakwashe Ruwende Officials at provincial and district hospitals are abusing funds running into millions of dollars at the expense of improving the health delivery system, it has emerged.

ASCOT HAUNTS BOSSO

Sikhumbuzo Moyo Senior Sports Reporter LOSING 1988 Chibuku Cup finalists Highlanders will be praying hard that the Ascot Stadium curse is exorcised when they take on Shabanie Mine in the…

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