POSB reverses losses, posts $1,2m profits

Oliver Kazunga Senior Business Reporter THE People’s Own Savings Bank (POSB) is back in the black after posting a $1,25 million profit in the year ended December 31, 2014, recovering…

BancABC avails $5m for SMEs lending

Molline Gagare Business Reporter REGIONAL banking group ABC Holdings’ BancABC Zimbabwe subsidiary has availed $5 million for on-lending to small to medium enterprises (SMEs) and co-operatives for financing their medium…

Premier’s Zim tungsten project ahead of schedule

EARTHWORKS at multicommodity natural resource group Premier African Minerals’ flagship RHA tungsten project in Zimbabwe are progressing ahead of schedule, and are 21 percent complete compared with planned completion of…

Gunmen kill 15, hold Christians hostage at Kenyan university

Al-Shabab gunmen have attacked a college campus in the town of Garissa in north-east Kenya, shooting indiscriminately in dormitories and killing at least 15 people and wounding 65 others, police…

Boko Haram uses children as human bombs

London – Boko Haram Islamist militants in northern Nigeria are using children as human bombs and targeting women and girls for particularly horrific abuse, including sexual slavery, the UN human…

Hate speech complaint laid against Zuma’s son

Johannesburg – The South Africa Human Rights Commission (SAHRC) confirmed yesterday that it had received a complaint of hate speech against President Jacob Zuma’s son, Edward Zuma.

Obama’s granny welcomes visit

Nairobi – President Barack Obama’s Kenyan grandmother, known as Mama Sarah, has welcomed his planned visit to the East African nation saying it will fulfil a promise he made to…

Suicide bombing at protest kills 16

Kabul – A suicide bomber attacked an anti-corruption demonstration in eastern Afghanistan yesterday, killing 16 people and wounding up to 60, officials said. The explosion in the eastern city of…

Morocco dismantles ISIS recruitment cell

Rabat – Moroccan authorities said on Wednesday they dismantled a cell in the city of Fez that was recruiting fighters for the Islamic State group in Iraq and Syria.

Prophet up for murder

POPULAR Revival Centre Church leader and prophet Adventure Mutepfa on Tuesday appeared before Mutare magistrate facing charges of culpable homicide stemming from a road accident that led to the death…

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