adminThousands protest in Yemen after embassies close
YEMENIS in the central city of Taiz and the capital Sanaa held the largest protests yet against a takeover by a Shi’ite Muslim militia group yesterday after the United States,…
Cholera outbreak claims 19 in Mozambique
MAPUTO — A cholera outbreak in parts of Mozambique hit by floods has killed 19 people, the government said, raising the death toll from one of the worst disasters to…
Banks net $53m profit
Prosper Ndlovu Business Editor THE country’s banking sector remained profitable with an aggregate net profit of $52.8 million for the year ended December, 31, 2014 – well above the $3.4…
Dairy association expects 5 percent growth
Lovemore Zigara Midlands Correspondent THE Zimbabwe Association of Dairy Farmers (ZADF) has projected a five percent increase in milk production anchored on the association’s dairy herd revitalisation programme.
Obama asks Congress for war on ISIS
WASHINGTON — President Barack Obama asked Congress yesterday to formally authorise military force against the Islamic State (ISIS) group, arguing the militants could pose a threat to the US homeland…
Zim targets 30 tonnes gold output
Charity Ruzvidzo Business Reporter THE government has set aside $50 million seed capital for accelerated gold production through Fidelity Printers and Refiners Limited and targets a 30 tonne output and…
Unki Mine production falls 3 percent
THE world’s largest platinum producer Anglo-American Platinum says production at its Unki Mine near Shurugwi marginally went down by three percent last year compared to the previous year and remains…
$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…