adminMayor urges business to restrategise
Business Reporter
A LOT still needs to be done for the revival of local industries as capacity utilisation is still below 50 percent, the Mayor of Bulawayo Councillor Thaba Moyo has said.
Many companies ended the year operating at between 40 and 45 percent.
Zimbabwe to go digital by 2015
Business Reporter
THE Ministry of Information Communication Technology (ICT) intends to digitalise the whole of Zimbabwe by 2015, Minister Nelson Chamisa has revealed.
Diamond prices to remain firm
Diamond prices on international markets are forecast to remain firm over the next four years, The Economic Times, a specialist commodity publication, has predicted.
The forecast is likely to translate to Zimbabwe’s annual earnings from diamonds exceeding $2 billion.
International cotton prices drop
International cotton price monitor Cotlook Limited says the price of the commodity has dropped to about $0,87 per pound from around $1,30 in April last year due to huge stocks and decrease in demand.
One kilogramme is approximately 2,20 pounds.
Locals dominate ICT sector
Indigenous Zimbabweans now dominate the Information, Communication and Technology (ICT) sector controlling 97 percent, up from 40 percent in the 1990s, an official has said.
In the past the sector was a preserve of foreigners as few blacks had access to capital to start businesses.
Monthly coal production to increase by 300 000t
Monthly coal production in Zimbabwe is set to reach one million tonnes this year up from about 300 000 tonnes per month last year, a cabinet minister said yesterday.
An increase in production by existing two coal miners and the anticipated coming on board of new players will spur the surge.
Bulawayo referees fail to make Fifa grade
By Sikhumbuzo Moyo
FOR the second year running, there are no international Fifa referees from the country’s second largest city, Bulawayo, while the country as a whole has only five referees and eight assistants.
The five referees are made up of three males and two females while the assistants are made up of six men and two women.
Rudo Nhanhanga, one of the female assistants, is the only one flying the Bulawayo flag high.
Paralympic Games preparations gather pace
Sports Reporter
THE Local Organising Committee (Loc) for the fifth edition of the Zimbabwe National Paralympic Games to be held in Hwange will from now on hold regular meetings as the countdown to the competition in April gathers momentum.
Pool league sets AGM date
Sports Reporter
THE Bulawayo Pool League (BPL) has set 14 January as the date for its annual general meeting.
Luveve to host Zim Coaches Union
Harare Bureau
LOCAL coaches will this weekend throng Bulawayo for the reverse fixture of the Zimbabwe Coaches Union get-together match at Luveve Stadium in Bulawayo.