adminZesa seals new deal
By Golden Sibanda
ZESA Holdings has struck a power purchase agreement with Snel of the Democratic Republic of
‘Giving voice to the voiceless’
At The Gallery With Terrence ChitukudzaThe National Art Gallery, in conjunction with the United States Embassy, is running a photography exhibition by world-acclaimed photo-journalist Ed Kashi of the United States…
CTC approves BP, Shell assets takeover
By Martin KadzereTHE Competition and Tariff Commission has approved the takeover of BP and Shell Zimbabwe assets by Harare businessman Mr Shingi Mutasa’s FMI Zimbabwe.This puts to rest uncertainty surrounding…
Telecel under fire over shareholder structure
By Zvamaida MurwiraTelecel Zimbabwe has come under fire for being slow in regularising its shareholding structure, which is heavily skewed in favour of foreigners.The Parliamentary Portfolio Committee on Media, Information…
Gold 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…
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…