adminSadc infrastructure plan on track
KEY areas have to be unlocked to ensure that the Southern African Development Community’s (Sadc’s) Regional Infrastructure Development Master Plan (RIDMP) – a guide to the development of seamless and…
Five Stanchart Bank branches collapse
Charity Ruzvidzo Business Reporter STANDARD Chartered Bank says it is collapsing five of its country branches and merging them with bigger ones in major cities due to decreasing branch transactions and…
SA cuts citrus exports to Spain
Cape Town — South Africa won’t be exporting any citrus to Spain for 2015, the Citrus Growers Association of Southern Africa says, placing added pressure on the industry. The CGA represents…
Eto’o honoured for anti-racism stand
FOOTBALL star Samuel Eto’o was honoured on Monday for his “inspiring” stand against racism, as the organisers behind the award warned that prejudice still stalked the game in Europe. The former…
Stanbic Bank bags another award
Charity Ruzvidzo Business Reporter STANBIC Bank Zimbabwe has won the prestigious Global Finance magazine’s emerging markets bank prize in Zimbabwe. The award comes a few months after the bank’s local team scooped…
Brazil, SA lead Brics in converting FDI into social progress
Cape Town — South Africa was the second best performer among the Brics nations in terms of converting foreign direct investment (FDI) into social progress, according to a new Deloitte…
Mat North eyes more medals in Naph finals
Nkosilathi Sibanda MATABELELAND North are confident that they have prepared adequately for the Nestle Zimbabwe sponsored National Association of Primary School Heads (Naph) inter-provincial track and field athletics championships scheduled…
Rio Tinto pays out $14m taxes in 2014
Tawanda Musarurwa Harare Bureau GLOBAL mining conglomerate Rio Tinto paid out a total of $14 million in taxes to the Zimbabwean government last year. Rio Tinto owns a 78 percent stake in…
CBZ declares $2,6 million dividend
Charity Ruzvidzo Business Reporter ZIMBABWE’s largest financial services group by assets, CBZ Holdings (CBZ), has declared a $2,6 million total dividend for the year ended December 2014. The group’s board yesterday said…
SA storm into Cricket World Cup semi-finals
SYDNEY — South Africa stormed into the Cricket World Cup semi-finals yesterday with a nine-wicket rout of Sri Lanka which brought the curtain down on the ODI careers of Kumar…