ProDairy invests $1, 6m in project to reduce milk production costs

HARARE – Zimbabwe’s newest milk processor, ProDairy has invested $1, 6 million in an ambitious project in which it  is hoping to drastically cut the cost of milk production through…

Zesa gives defaulters six month ultimatum to pay up

HARARE – Zimbabwe’s power utility, Zesa  Holdings, which is owed up to a billion dollars in unpaid bills, has  given consumers until the end of this month to negotiate bill…

South Africa’s rand steady, stocks set to open higher

JOHANNESBURG – South Africa’s rand steadied against the dollar early on Monday, holding on to gains made in the previous session after disappointing U.S. wage growth pared bets the Federal Reserve…

World stocks bask in U.S. jobs data glow

LONDON – World stocks surged to a two-week high on Monday after strong U.S. jobs data at the end of last week helped take the edge off investors’ concerns about the potential…

 How corporate social responsibility projects can be derailed

By Olorunjuwon Samuel Big companies operating in developing countries often use corporate social responsibility initiatives to position themselves as development agents and friends of the host communities.

Equities market bounces back into the black

HARARE – The Zimbabwe Stock Exchange’s All Share index rebounded 0.18 points to settle at 86.43 as heavyweight BAT Zimbabwe went up by $0, 2500 to close at $20, 0000,…

Why BMC disbanded How Mine Football Club

Chipo Sabeta Bulawayo Mining Company (“BMC”), the holding company of How Mine and the principal sponsor of How Mine Football Club, says it has shifted focus in terms of corporate…

JUST IN: Zim-SA to honour bilateral commission

GOVERNMENT has said Zimbabwe and South Africa remain committed to addressing the plight of people living with disabilities by honouring the provisions which the two countries agreed to in the Bilateral Commission.

President Xi’s five years

by Xu Lingui, Huang Xiaoxi, Meng Na, Li Zhihui BEIJING. — The imposing Great Hall of the People, in the centre of Beijing, bears witness to China’s democratic politics. In…

JUST IN: SEAC chair speaks on visit

VISITING SADC Electoral Advisory Council (SEAC) chairperson Advocate Leshele Thohlane has met Foreign Affairs and International Trade Minister Dr Subisiso Moyo at his Munhumutapa offices.

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