adminLOSSES IMMINENT Closed Royal Bank’s liabilities outweigh assets
Golden Sibanda Harare Bureau CREDITORS of closed Royal Bank could suffer substantial losses to their investments after it emerged that liabilities of the bank at $12,5 million far outweigh the…
Midlands sees 100pc increase of hotel rooms
Lovemore Zigara Business Correspondent THE Midlands province has recorded more than 100 percent increase in hotel rooms in the last two years, according to the Hospitality Association of Zimbabwe (HAZ).
BNC seeks $26m for smelter project
Senior Business Reporter BINDURA Nickel Corporation (BNC) says it is confident of securing $26,5 million required to restart the smelter project this year as a long term strategy towards improving…
Job evaluation can lead to labour disputes
Davis Sibanda Labour Matters IMPROPER management of job evaluation implementation has been a source of many expensive legal disputes between employers and workers. Not everyone who has participated in job…
Gwanda bans food caravans
Marvelous Moyo Gwanda Correspondent Gwanda Town Council has ordered food caravan operators to cease operating with immediate effect and threatened to tow away mobile kitchens belonging to those who defy…
Jane Mutasa challenges Brainworks transaction
Happiness Zengeni and Martin Kadzere SELPON Investments, the second largest shareholder in Empowerment Corporation has questioned the role of managing director Mr Patrick Zhuwao as it seeks to block an…
EDITORIAL COMMENT: Collectively, Africa can shun xenophobia
The 24th Ordinary Session of the Assembly of the African Union Heads of State and Government opens today in the Ethiopian capital Addis Ababa under the theme: “Year of women…
AU, China sign MoU
ADDIS ABABA. — The African Union and China have signed a memorandum of understanding to co-operate on major infrastructure networks and industrialisation process in Africa.
Outrage over SA xenophobia‘ . . . attacks indicate quest for robust empowerment policies’
Felex Share Senior Reporter The looting of foreign-owned shops in Soweto, South Africa, indicates that the country needs robust economic empowerment policies that benefit the black majority, political analysts have…
WISE WORDS FROM AUNTIE •Masuku speaks on music inheritance, talent
Jonathan Mbiriyamveka Entertainment Reporter Legendary singer Dorothy Masuku says “musicians are born” and this is the reason most children of popular artistes often fail to fit in their parents’ shoes.