adminPowerspeed record drop in profit
Electrical retail and engineering concern Powerspeed Electrical last week reported a drop in profitability for the half-year ended March 31,2016. Profit after tax came down to $161 595 from $392…
Chevrons hope to fight back
Alagappan Muthu ZIMBABWE batting coach Lance Klusener has called for patience from the fans as the Chevrons plunge into a second ODI contest against India at Harare Sports Club today. The…
‘Zim an attractive market for capital allocators’
Business Reporter ZIMBABWE remains an attractive market for capital allocators who are seeing opportunities to move financial products in the country. While Zimbabwe has gone through a dry patch in…
Ahoure breaks record
MIAMI. — Murielle Ahoure of the Ivory Coast broke the African 100m record with a blistering 10.78sec at the Star Athletics Pro Meet in Florida. The 28-year-old’s effort, in a…
Minister defends GMB’s proof-before-payment stance
Herald Reporter Agriculture, Mechanisation and Irrigation Development Minister Dr Joseph Made has told Parliament that the Grain Marketing Board cannot pay farmers who misplaced their receipts to guard against conmen…
IMF helps Rwanda absorb some trade shocks
KIGALI. — Rwanda has had to deal with reduced? Private flows and prices, and because of that, the country has suffered on the trade front, this is according to Alun…
Minister loses property over $1,5m debt
Daniel Nemukuyu Senior Court Reporter— THE High Court sheriff last Friday stormed the Borrowdale home of Mines and Mining Development Deputy Minister Fred Moyo to attach property worth thousands of dollars…
RBZ targets major cash dealers
Takunda Maodza Assistant News Editor— THE Reserve Bank of Zimbabwe has launched an operation to assess banking trends by high cash generators such as wholesalers, retailers, mobile phone companies and fuel…
Hodgson disappointed
MARSEILLE. — England coach Roy Hodgson said he was “bitterly disappointed” after a late leveller by Russia captain Vasili Berezutski ended his side’s hopes of a perfect start to their…
Commissioner stirs graft storm
Lloyd Gumbo Senior Reporter ONE of the commissioners appointed by Local Government, Public Works and National Housing Minister Saviour Kasukuwere to run the City of Gweru has been caught up in…