Econet Wireless launches EcoCash Payroll
ECONET Wireless Zimbabwe’s mobile money transfer service, EcoCash, has launched a wages and salaries distribution platform mainly targeting small companies.
Putin admits Russia’s economic woes home-grown
President Vladimir Putin conceded for the first time yesterday that Russia’s economic problems were home-grown and vowed not to abandon the spending promises he made on returning to the Kremlin…
Budget deal headed to vote in US House, passage predicted
Washington — Republicans in the US House of Representatives on Wednesday were falling in line behind a bipartisan two-year budget deal, indicating that the normally rambunctious group of lawmakers is…
Apple scores legal victory over Samsung in South Korea
Samsung Electronics Co Ltd yesterday lost its bid to ban sales of Apple Inc’s older iPhone and iPad in South Korea after a court dismissed a lawsuit claiming the US…
Google executives’ planes saved millions in costs due to error: NASA
THE company that manages a fleet of airplanes owned and leased by Google Inc executives Larry Page, Sergey Brin and Eric Schmidt improperly bought fuel from the government at below-market…
Japan cabinet approves $53bn extra budget
TOKYO — Japanese Prime Minister Shinzo Abe’s cabinet approved yesterday a $53 billion extra budget for the current fiscal year to fund stimulus steps announced last week aimed at offsetting…
European shares slip to two-month low
LONDON — European shares slipped to a two-month low yesterday, tracking losses on Wall Street and in Asia as markets positioned for data that could determine if the US Federal…
Contracts lend relief to A2 farmers
Harare Bureau Most A2 farmers have turned to contract farming this season after failing to access funding from banks as the financial institutions demand collateral security before giving out loans.
New rules for asset management firms to be adopted next year
A NEW set of rules and requirements for asset management firms and collective investment schemes will only be adopted next year after consultations with industry players, the Securities and Exchanges…
ZB unveils interest free loan facility for informal traders
Harare Bureau ZB BANK yesterday unveiled an interest free informal traders loan facility aimed at tapping deposits from the informal sector and improve the bank’s liquidity, acting managing director Shadowsight…



