adminZisco debt to be liquidated
Harare Bureau— THE government is working on modalities to liquidate part of Zisco’s local debt to pave way for resuscitation of the Redcliff based steel giant, a Cabinet Minister has…
Lack of industries affects our profits, say Plumtree businesspeople
Sukulwenkosi Dube Plumtree Correspondent THE absence of manufacturing industries in Plumtree Town is affecting profitability of businesses who incur heavy costs in transporting commodities from major cities and across the border. Discussing…
2014 industry survey report out today
Business Reporter THE 2014 Confederation of Zimbabwe Industries (CZI) manufacturing sector survey report will be presented today amid anxiety over low capacity utilisation of less than 30 percent due to…
Zesa loses 20 percent power through ageing infrastructure
Oliver Kazunga Senior Business Reporter Zesa is losing about 20 percent of the electricity it generates because of ageing transmission infrastructure, Energy and Power Development Minister Dzikamai Mavhaire said yesterday. He…
Kenya Airways to increase Zim flights
Charity Ruzvidzo Business Reporter Kenya Airways has announced plans to increase flights to Zimbabwe by end of this month in what is set to boost tourist arrivals into the country. Karikoga Kaseke,…
84 percent youth fund beneficiaries fail to repay loans
Sukulwenkosi Dube Plumtree Correspondent THE Kurera/Ukondla Youth Fund has been a flop as 84 percent of beneficiaries have defaulted on loan repayments since the inception of the facility in 2011,…
Facebook closes $22bn WhatsApp takeover deal
FACEBOOK Inc closed its acquisition of mobile messaging service WhatsApp on Monday, with the final price tag rising an additional $3 billion to roughly $22 billion because of the increased…
Rio Tinto rejects $160bn merger deal
PERTH — Mining giant Rio Tinto yesterday confirmed that it had held discussions with diversified major Glencore regarding a possible tie-up, but said that the board had rejected a merger. The…
It’s not over yet: Ariel
Ricky Zililo Senior Sports Reporter— HIGHLANDERS FC skipper Ariel Sibanda says the Bulawayo giants will concentrate on winning their six remaining Premier League fixtures to keep their slim chances of landing…
Byo coaches snub Caf coaching clinic
Ricky Zililo Sports Reporter ONLY two coaches from Bulawayo are attending the intermediate Caf B licence coaching clinic that started on Monday and runs for two weeks in the city. Former Highlanders…