adminGold nears US$1 400/oz
LONDON. GOLD held near US$1 400 an ounce in Europe last Friday, supported by interest in the metal as a haven from risk as violence flared in Libya, but struggled…
Saudi Arabia raises oil output
DUBAI.SAUDI Arabia has increased its oil production to more than nine million barrels per day (bpd) to compensate for disruption to Libyan output, an industry source familiar with the kingdom’s…
NSSA under fire over paltry pension payouts
Herald Reporter
THE National Social Security Authority has come under fire for paying retired members paltry pensions as low
Anti-sanctions lobby gathers momentum
Herald Reporters
THOUSANDS of Zimbabweans are expected to throng the Harare Agricultural Show Open Car Park on Wednesday
Martinez: Rooney deserved red card
WIGAN.Wayne Rooney was accused of elbowing Wigan midfielder James McCarthy after Manchester United went four points clear at the top of the English Premier League with a 4-0 win at…
Lack of data hinders economic planning
By Sifelani TsikoLACK of national statistics on key sectors such as health, education, agriculture and industry is hindering Zimbabwe’s economic planning process. This scenario has had profound effects on the…
European stock markets rise
LONDON.EUROPEAN shares rose on Friday, bouncing from this week’s sell-off but still on track for the biggest weekly fall in nearly eight months as uncertainty in the Middle East kept…
UK economic recovery falters
LONDON.Britain’s economy shrank by a worse-than-expected 0,6 percent in the fourth quarter, official data showed last Friday, as harsh wintry weather hampered prospects of a swift recovery.Gross domestic product –…
Zimplats to get power from Cahora Bassa
By Tawanda MusarurwaPLATINUM miner Zimplats has secured a contract to import electricity directly from the Cahora Bassa Dam, in western Mozambique, to drive its Ngezi Phase 2 expansion .South Africa-based…
RioZim posts full-year loss
Business ReporterHIGH finance costs have severely eroded RioZim profits as the diversified resource firm posted a full-year loss of US$880 000.The ZSE mining group, whose business includes extraction of gold…