2014年8月4日 星期一

2014-08-05 Zimbabwe Business

  New Zimbabwe.com   
Harare mulls $3bn water loan  The Kubatana
According to the article, Harare City Council is working on a USD 3 billion loan with Neoparagon, a Singaporean company, “for the construction of three dams which should ease water shortages in the city. The dams are Kunzvi, Musami and Muda.” Now I'm ...

Harare in US$3 Billion Water Deal   EIN News Zimbabwe
Harare to privatise water   Bulawayo24

all 5 news articles »   

  Routes News   
Government urged to subsidise Air Zimbabwe  Routes News
The Zimbabwe Tourism Authority (ZTA) has urged the government to subsidise the country's flagship airline in the wake of KLM's withdrawal. Iran joins flydubai's rapidly growing network. Flydubai has announced the launch of its first two Iranian destinations, ...


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  The Herald   
Gold exports rake in $240m for first half  The Herald
ZIMBABWE realised about $240 million from gold exports in the six months to June, according to data obtained from the Mines and Mining Development Ministry. Gold deliveries to Fidelity Printers and Refiners, the country's sole buyer of the metal, hit six ...


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Doves Invests in New Fleet  The Herald
DOVES Funeral Assurance will invest towards the acquisition of new fleet and refurbishment of its coffin manufacturing division to meet global standards, a company official said. Doves has so far beefed up its fleet with new buses and removal ambulances as ...

Doves rewards policyholders   NewsDay

all 2 news articles »   

  ITWeb Africa   
Software piracy in Africa: 3 firms found guilty of law reproducing and/or using the ...  IT News Online
PARIS, France, August 4, 2014/African Press Organization (APO)/ -- Sage (http://www.sage.com), a leading global vendor of business management software, announces that it has won three court cases against pirate companies in Maghreb and in ...

Sage distrustful of software pirate companies   Caj News Africa

all 5 news articles »   


Decade of decay cripples NRZ, staff owed $55m  New Zimbabwe.com
THE struggling National Railways of Zimbabwe (NRZ) owes its employees $55 million in salary arrears for nine months, but has ruled out laying off part of its over 6,500 workforce, Parliament heard on Monday. Presenting oral evidence before a parliamentary ...


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India's Essar To Commence Full Operation Of Ziscosteel In 2016  Ventures Africa
VENTURES AFRICA – Indian steel manufacturing giant, Essar Holdings will commence a 100 percent operation at state-owned Ziscosteel (NewZimsteel) plant in 2016. Essar acquired 54 percent stake in Ziscosteel in a $750 million deal in 2011 after the steel ...


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Anjin shareholder remains a mystery  Nehanda Radio
Government should clearly state which department or agency has a 40% shareholding in diamond producer Anjin to ensure that diamond revenue goes to Treasury, the Zimbabwe Environmental Law Association (Zela) has said. At the occasion of the granting ...


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Zesa blocks pre-paid meter accounts  Bulawayo24
Thousands of electricity users were last week caught unawares when Zesa Holdings blocked their pre-paid meter accounts to force them to settle debts within six months. Those affected were ordered to fork out figures ranging between US$2 000 and US$5 ...


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  Telegraph.co.uk   
Portugal bank's bailout is too timid  The Globe and Mail
The €4.9-billion ($7.2-billion) rescue of Portuguese bank Banco Espirito Santo, unveiled on Aug. 3, does force shareholders and some creditors to share the pain. But the state is still taking €4.4-billion of implicit risk. The bank's rescue isn't a complete cop-out.
BES bonds plummet following €4.9bn rescue   Financial Times
Portugal Reviews Espirito Santo Ties to Eurofin, WSJ Says   Businessweek
Portugal averts BES disaster with rescue and new bank   Business Recorder
Business Standard   
New York Times   
Reuters   
all 494 news articles »   

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