adminTelecel gives timeline on stake
Harare Bureau TELECEL International, the Egyptian controlling shareholder in Telecel Zimbabwe, has committed to addressing its lopsided shareholding in the mobile phone operator by the end of this month in…
Organisations to advocate for non-GMO farming
Harare Bureau The Alliance for Food Sovereignty in Africa will this week meet in Addis Ababa, Ethiopia, for a workshop on strategies for resistance against genetically modified seed. AFSA is…
Fonterra gets further hit as it recalls milk powder in Sri Lanka
BEIJING — Fonterra, whose reputation has already been damaged by the botulism scare, recalled batches of milk powder in Sri Lanka yesterday as the country’s tests show the powder is…
Buyout uncertainty adds to poor PC sales outlook for Dell
SAN FRANCISCO — Months of public bickering, secretive backroom negotiations and eleventh-hour deals for control of Dell Inc belie the fact that the combatants are vying for a company facing…
New trade route to Europe
Beijing — A 19 000-tonne cargo vessel is making the first journey by a Chinese merchant ship to Europe via the Northeast Passage, a shortened route that could revolutionise trade,…
Banks cut 5 500 branches across Europe
LONDON — Banks cut 5 500 branches across the European Union last year, 2,5 percent of the total, leaving the region with 20 000 fewer outlets than it had when…
Hotels offer holiday promotions
Business Reporter Players in the tourism industry are expecting a boom in bookings during the Heroes and Defence Forces Day holidays. Some hotels are offering specials to guests who book…
Al Qaeda’s widening in North African jihad confounds foes
ALGIERS/LONDON — Inquiries into the bloody assault on an Algerian gas plant are uncovering increasing evidence of contacts between the assailants and the jihadis involved in killing the US ambassador…
Mandela Foundation targeted by crooks
Johannesburg — The Nelson MandelaFoundation has become the latest victim of criminals who entice people to make donations, government has said. “Government has noted the latest scam involves a request…
Beer goes up to $180 as shortage worsens in Swaziland
Johannesburg — A man in Swaziland is selling a 750ml bottle for beer for R180, or “best offer” as the country’s beer shortage enters its third week, according to Sunday’s…