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Oliver Kazunga Senior Business Reporter ZIMBABWE will later this month host the Unesco Engineering Week in Africa Week with a view to increasing the visibility of engineering as the continent strives to achieve Millennium Development Goals.
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Cape Town — South African Airways (SAA) is close to cancelling an order for 10 Airbus Group NV A320 planes, a move that will save the unprofitable state-owned carrier about R1.4bn in write-down charges.
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Davies Ndumiso Sibanda Labour MANY workers who were terminated on notice have an expectation that they will receive retrenchment packages as prescribed by the Labour Amendment Act 2015 yet there are occasions where workers might not get anything.
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Wellington — European stocks swung between gains and losses after Chinese shares wobbled in their last day of trading this week. Oil declined, the dollar strengthened and US equity-index futures rose.
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Abuja — The Nigerian National Petroleum Corporation will deploy drones across the territorial waters of Africa’s largest oil producer as part of a series of new efforts to help curb rampant oil theft, a company official said on Tuesday.
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Brighton Gumbo Business Reporter THE National University of Science and Technology’s electronic engineering department has invented a Programmable Logic Controller (PLC) based railway signalling system that controls and monitors train movements.
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Brighton Gumbo Business Reporter THE National Biotechnology Authority of Zimbabwe (NBAZ) has called on the need to adopt emerging technologies to promote socio-economic transformation in the country.
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Tinashe Makichi Business Reporter French yeast and fermentation products manufacturer, Lesaffre Group has concluded the 60 percent acquisition of local yeast manufacturer, Anchor Holdings in a deal worth $8,4 million.
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Brighton Gumbo Business Reporter THE Reserve Bank of Zimbabwe (RBZ) has cleared all financial institutions that were on the distressed bank list after the banks managed to meet the minimum capital requirement.
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Business Reporter THE Confederation of Zimbabwe Industries (CZI) and farmers’ unions will meet this month to deliberate on value chain issues. CZI president Busisa Moyo said the symposium was the confederation’s inaugural meeting with the farmers as the industry seeks information regarding
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Oliver Kazunga Senior Business Reporter The African Development Bank (AfDB) says Donald Kaberuka has stepped down as the institution’s president after 10 years of service. AfDB said Kaberuka has been succeeded by Nigeria’s former Minister of Agriculture and Rural Development, Akinwumi Adesina who was sworn in
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Oliver Kazunga Senior Business Reporter LIQUID Telecom and MTN Group have partnered to offer their clients the largest fixed and wireless connectivity across the continent. Liquid Telecom said the partnership, which covers wholesale, carrier-to-carrier, high speed broadband, enterprise and fixed data services, enables the
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Lovemore Zigara Midlands Correspondent THE Zimbabwe Miners’ Federation (ZMF) has entered into an agreement with a local engineering firm, Matabeleland Engineering, to supply gold milling equipment to small-scale miners on zero deposit.
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Tendai Marima Marikana, South Africa — A pair of thin brown horses graze on patches of dry, yellow grass and thorny shrubs near a seemingly endless row of shacks patched together from sheets of corrugated steel.
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