Pelhams seeks US$5m for recapitalisation

Business Reporter
FURNITURE retail company Pelhams Limited will in the medium term turn to its shareholders for about US$5 million to

Culture Fund abolishes sub-sector committees

Bulawayo Bureau
The Culture Fund has dissolved the Sub-Sector Committees (SSC) that appraised project proposals and is set to replace them

Textile giant’s demise leaves workers in quandary

From Mike Chimombe in Chegutu
As 45-year-old James Murombedzi passes by David Whitehead factory in Chegutu on his way to Harare, his mind inevitably

Venezuela to strengthen people’s power

Caracas.
The government approved a fund of 3 billion bolivares (US$70 million) to strengthen the work of People’s Power, said president

Superior Young Sables

By Paul Munyuki
TECHNICAL superiority, better talent and flair helped the Zimbabwe Under-19 to a deserved 29-17 victory over Namibia and

Girl stabs self

Chinhoyi Bureau
A 13-year-old school dropout was recently admitted in hospital after she stabbed herself when her mother accused her of sleeping

Policy issues to impact on ZSE

IN the past two weeks, there were two business events, which might determine the direction of equities on the Zimbabwe

Meikles back on London bourse

By Bright Madera
MEIKLES Limited shares resumed trading on the London Stock Exchange following the lifting of the suspension slapped on

Senate adopts resolution

WASHINGTON.
The US Senate unanimously adopted last Friday a resolution calling on Russia to respect Georgia’s territorial integrity and to

missile shield maybe precursor for attack

ANKARA.
Russia’s envoy to Nato said last Thursday that the United States might use the European missile defense project as preparation

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