Israel underestimated Gaza militants: army official

A SENIOR army intelligence official has admitted that Israel underestimated the tenacity of Gaza militants and did not expect a 50-day conflict to last so long, but he insisted they…

Age limit cut off for drivers proposed

Oswell Moyo Chronicle Reporter THE National Professional Drivers Association yesterday proposed that people over the age of 90 should be banned from driving on the country’s roads. At a meeting…

African projects need holistic financing approach: Nedbank

PERTH — The financing of African resource projects should be approached holistically, with equity and other forms of financing to be raised concurrently, financier Nedbank Capital said.

Suez Canal revenue hits record $508m

CAIRO – Revenues from Egypt’s Suez Canal reached $508 million in August, the highest monthly level in history, Suez Canal Authority Chairman Mohab Mamish said yesterday.

Africa’s biggest fund manager prefers platinum to gold

AFRICA’S biggest fund manager favours South African platinum equities over those of gold, betting against the price performance of the metals and the share performance of the companies that mine…

Allied Bank in $4.3m loss

Business Reporter ALLIED Bank recorded a $4.3 million loss for the half year to June, a steep rise from the $1.6 million loss recorded the previous period as the bank…

Employers should not take labour arbitration lightly

Labour Matters Davies Ndumiso Sibanda MOST employers take the arbitration process lightly because they do not understand the implications of an arbitration award as they see it as an easy…

Zim target Proteas scalp

Paul Munyuki Harare Bureau ZIMBABWE cricket side need a big win over South Africa today at Harare Sports Club if they are to make it into the final of their…

Informal sector 5 percent up

Business Reporter THE number of self-employed Zimbabweans has increased by five percent this year as more people join the informal sector amid job cuts by big companies, a survey indicates.

Ukraine ceasefire hopes push stocks, ruble higher

WORLD markets jumped yesterday as Ukraine’s President Petro Poroshenko said a ceasefire had been reached with Russia, raising hopes that a recent escalation in the conflict could be reversed.

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