admin$18m rescue package for Hwange Colliery
Business Editor THE Reserve Bank of Zimbabwe (RBZ) has unveiled an $18 million rescue package for the troubled Hwange Colliery Company for the purchase of equipment that is expected to…
Platinum mine strikes hold lessons, omens for gold producers
Cape Town – South Africa’s gold producers are gearing up for a showdown with labour that could hasten the decline of a struggling industry.
‘I’m rougher than normal men’ — former IMF boss
DOMINIQUE Strauss-Kahn told the Lille pimping trial today that he accepted that he had a “rougher” form of sexuality than most men. The former IMF chief was asked to explain…
Econet launches Dial-A-Doc
Mobile telecommunications firm Econet Wireless yesterday announced the expansion of its health services brand EcoHealth with the launch of a new service called “Dial-A-Doc.”
Coca-Cola earnings plunge 55pc
THE Coca Cola Company missed its profitability targets last year, as consumers continued to reduce their appetite for sugary drinks and diet sodas.
David Whitehead needs $1m to double capacity
Harare Bureau TEXTILE company David Whitehead (DW) requires about $1 million in working capital to enable it to double capacity at its Chegutu integrated fabric plant.
GM investor in $8bn stock buyback plan
Detroit – Chief executive Mary Barra’s plan to keep a big cash cushion for General Motors is under attack from a group of shareholders led by a member of the…
ZRP should not handle cash
Tonderai Rutsito Tech Spot The recent pronouncement by High Court Judge Justice Francis Bere that there is no legal framework or any law compelling any motorist to pay a spot…
Tanzania steps up efforts to end child marriage
DAR ES SALAAM —Tanzania and its development partners have signed a new commitment aimed at intensifying efforts to end Female Genital Mutilation (FGM) and child marriage in the country.
‘Africa geared for enormous economic growth’
THE mining industry remains absolutely vital for Africa’s economic future, former British Prime Minister Tony Blair told the Mining Indaba in Cape Town, South Africa on Tuesday.