adminCongo police exchange fire with ‘militia’: reports
Heavy and sporadic gunfire has been heard in the capital of the Republic of Congo as police fought with what one official described as militia fighters. The apparent fighting comes just…
Greece sends first migrants back to Turkey
Lesbos — Greece sent a first wave of migrants back to Turkey yesterday under an EU deal that has faced heavy criticism from rights groups. A small Turkish ferry, the Lesvos,…
Protesting students aim to again shut down varsity
Johannesburg — Protesters disrupted lectures at the University of the Witwatersrand’s Braamfontein campus yesterday morning, the institution said.
Directors of closed firms must be sued: Zhuwao
Harare Bureau— DIRECTORS of foreign owned companies have legal duty to protect the well-being of their firms and must be sued if they cause their collapse, a Cabinet minister has…
Reduce prices, businesses told
Prosper Ndlovu Business Editor VICE President Phelekezela Mphoko has advised businesses to reduce prices and improve on customer relations to gain a competitive edge and increase sales. Poor customer care and pursuit…
‘Donor agencies fuelling import bill’
Business Editor— THE government is working on modalities to ensure donor agencies procure local products as part of measures to revitalise domestic industry and reduce the import bill. Zimbabwe has maintained…
Stanbic post 15pc profit surge
Business Reporter STANBIC Bank Zimbabwe has posted a 15 percent increase in profit to $23.9 million for the year ended 31 December 2015, up from $ 20.7 million in 2014. The…
AfDB unveils $549mil drought relief package
THE African Development Bank (AfDB) has unveiled a $549 million drought response package for 14 countries most affected by the El Nino induced drought in Eastern and Southern Africa. AfDB acknowledged…
‘Utilise idle industrial space’
Bianca Mlilo Business Reporter LOCAL authorities should consider leasing out premises of closed factories to small and medium enterprises (SMEs) in order to recover monies owed to them by the collapsed…
Choppies directors raise P200m in property firm listing
CHOPPIES directors, Ramchandran Ottapathu and Farouk Ismail will raise P200 million from selling 80 million shares in Far Property Company (FPC) ahead of the company’s listing on the Botswana Stock…