Negotiators at the historic United Nations climate change conference in Copenhagen, Denmark, are making good progress in the area of technology.
FOR some businesses the effect of the downturn is so bad that they really have no alternative but to retrench. For others, it is possible to find alternatives, as long as management and labour are willing to work together on these.
Recent media reports have it that Italian oil firm Eni is bidding to buy oil explorer Heritage Oil's interest in Uganda.
Kenya corporates have turned to the diaspora in a strategy aimed at improving their business outlook.
Ekiti State Governor, Engr. Segun Oni has presented a sum of N67.5 billion as 2010 Budget estimate to the State House of Assembly, with an assurance that the budget would be implemented to the latter
The National Union of Textile Garments and Tailoring Workers of Nigeria (NUTGTWN) has appealed to the 19 northern state governments to settle the arrears of N687,073,346 which they are collectively owing disen-gaged staff of the Kaduna Textile (KTL) workers since 2002.
LAST month Mutare Board and Paper Mills (MBPM) was forced out of production by a liquidity crunch that has been stalking the country's entire manufacturing industry in general ever since the southern African nation fell into one of its worst economic depression 10 years ago.
KINGDOM Financial Holdings Limited (KFHL) founder and shareholder, Nigel Chanakira, says he wants the financial services group all to himself as he battles to bring to closure a mutual share trade and swap deal with his old foe, John Moxon, as part of Kingdom Meikles Africa Limited (KMAL)'s impending de-merger transaction.
OK Zimbabwe Limited, the country's second largest fast moving consumer goods (FMCG) supermarket group, predicts economic recovery to be slow and lengthy owing to challenges related to liquidity, low aggregate domestic demand and excessive import dependence arising from local supply constraints.
ECONET Wireless Zimbabwe Limited, the country's largest mobile phone operator, has initiated a multi-billion dollar project to develop Zimbabwe's fibre-optic telecoms backbone, which would link the country to the undersea cable via Maputo, Mozambique.
In his 2010 National Budget presentation on December 2 2009, the Finance Minister urged the banking sector to increase their lending to the productive sectors of the economy.
An auctioneer who was contracted by a Ugandan company to sell over 25 containers of sugar but failed to do so after the court barred the sale has now filed an application for costs.
ZANU PF's selective use of the rule of law is evident in Zimbabwe again as two women teachers, Moreblessing Hliziyo and Isee Makhuyana, have been found guilty of inciting violence against ZANU PF war veterans.
Madagascar has been a leader in the utilization of the trade benefits under the African Growth and Opportunity Act (AGOA) since becoming eligible in October 2000. The Act requires the President to annually designate countries as eligible to receive the benefits of AGOA if they have established, or are making continual progress in certain criteria, including the rule of law and political pluralism.
ZAIN Tanzania has organised an end of the year celebration for over 40 media houses scheduled for next Saturday at TTCL grounds, Kijitonyama in Dar es Salaam.
Shareholders and operators in the Nigerian capital market have expressed confidence that Oando Plc performance for the current financial year end 2009 will surpasses the previous year if the current rate of growth in the performance indices are maintained.
FOR its consistent application and adaptation of strategic alliance, knowledge and experience, Animal Care Services Konsult (Nig.) Ltd is set to dominate the African sub-region with its products and services.
Apparently, in view of the huge loss of investment from Nigerian stock market and the meltdown around the world, reinsurers have declined to renew treaties for some local underwriters.
Delay in analysis of probable causes of air accidents in the country has compelled the Federal Government to want to establish an investigation laboratory in the country.
Four of the nine oil producing states of the federation are at longerheads with the Federal Government over underpayment of N118 billion between 2006 and 2008 as derivation revenue.
The Senate yesterday approved the variation of N31.038 billion in the 2009 budget out of the approved provisions for eight federal ministries.
We continue with our series of lectures regarding the causes of the financial crisis and the aftermath. This is a follow-up to the opinion that was published in this newspaper on the 30th of October 2009. Surprisingly, I had to recharge my cellphone more than five times the weekend of 1-2 November.
LONZIM, a long-term investment company with a diverse portfolio in the country, last week raised US$1,9 million for its operations in Zimbabwe. The amount was raised last Friday through the placing of 4 255 525 shares at US$0,40 a share.
CELSYS Limited has increased revenue for the three months to November 30 to US$650 000, the company has said in its trade update for the first quarter of the 2009/2010 year. This increase is premised on the improved performance by the company's subsidiaries which have capitalised on the use of multiple currencies as well as a stable operating environment. Celsys has a communications division, a ...
FINANCE minister Tendai Biti's National Budget statement last week is the first since Zimbabwe's Independence in 1980 to be presented by a minister who does not owe political allegiance to Zanu PF. This Budget has been presented amidst the Sadc mediation on outstanding issues in the global political agreement (GPA). The Budget also specifies a time frame for its implementation (January-December ...
