2015年3月8日 星期日

2015-03-09 Zimbabwe Business


PPC Cement Improves Mills, Eyes Exports   
AllAfrica.com
CEMENT manufacturer, PPC Zimbabwe Limited, is set to spend about $75 million this year on its Harare mill as the company sets its sights on the export market, an official has said. PPC Zimbabwe managing director Njombo Lekula said the construction of ...


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Chitungwiza Governance, Financial Systems In Deplorable State Says AG   
RadioVop
Auditor-General Mildred Chiri has painted a grim picture of the collapse of governance systems at Chitungwiza Town Council where millions of dollars are unaccounted for amid massive corruption within the municipality. In her Local Authorities Report for the ...


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Fidelity Printers to Lay Off Workforce   
AllAfrica.com
THE Reserve Bank of Zimbabwe (RBZ) subsidiary Fidelity Printers and Refiners is failing to stay afloat and plans to retrench half of its workforce despite having acquired equipment worth $20 million since 2009. Its workforce now stands at around 300.

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AfrAsia Bank: Demise of a Kingdom   
The Zimbabwe Standard
The recent cancellation of AfrAsia Bank's (formerly Kingdom) operating licence marked the demise of a brand synonymous with the liberalisation of the financial services sector in the 1990s. BY NDAMU SANDU. Who would fault an institution that was built in a ...


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The Zimbabwe Daily
   
CBZ avails US$19m for tobacco farmers   
The Zimbabwe Daily
CBZ Holdings Ltd (CBZH) has secured US$19 million from offshore funders for on-lending to small-scale tobacco farmers, an official has said. More than two-thirds of the 100 000 farmers who produced US$685 million tobacco's worth in 2014 were ...


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Stock Exchange Ends Week in the Red   
AllAfrica.com
THE industrial index on Friday lost a point to close at 165.59 points on the back of widespread losses. Beverage maker Delta, FBC Holdings and Innscor shed a cent each to close at 114 cents, 7 cents and 58 cents respectively. Fidelity Life dropped half a cent ...


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The Fiscal Times
   
Brent falls toward $59 a barrel on strong dollar   
Reuters Canada
SINGAPORE (Reuters) - Brent crude fell toward $59 a barrel on Monday as upbeat jobs data pushed the dollar higher, outweighing geopolitical tensions and the threat of output cuts in Libya and Iraq. That came as Goldman Sachs GS.N on Sunday forecast oil ...

US crude prices to drop to $40 a barrel as inventories rise -Goldman   Daily Mail
RPT-UPDATE 1-US crude prices to drop to $40 a barrel as inventories rise ...   Reuters
Oil prices down in Asian trade   THE BUSINESS TIMES
Motley Fool Australia   
The Straits Times   
all 22 news articles »   


CNN
   
Swiss solar-powered plane takes off from Abu Dhabi in attempt at first round-the ...   
Washington Post
ABU DHABI, United Arab Emirates — Swiss solar-powered plane takes off from Abu Dhabi in attempt at first round-the-world flight . Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or ...

Solar-Powered Plane Takes Off on Epic Round-the-World Flight   Live Science
Watch this solar-powered plane attempt to fly around the world   Engadget
Around the world in a solar plane   Sky News Australia
NDTV   
USA TODAY   
all 178 news articles »   


Moneycontrol.com
   
GLOBAL MARKETS-Strong US jobs data raises odds of Fed rate rise, hits stocks   
Reuters
... * Market expects Fed's first rate rise by summer, possibly in June. * U.S. stocks hit 3-week low, U.S. debt yields at 10-week high. * Dollar index at 11 1/2-year high, yen just off 3-month low. * Aussie, kiwi fall; Asian stocks lose more than 1 pct. By Hideyuki ...

Asian mkts fall on fears of US jobs could prompt rate hike   Moneycontrol.com
Asian Shares Fall on US Rate Increase Worries   Wall Street Journal
Asian stocks fall on US rate rise concerns   Citywire Global
Yahoo7 News   
Malay Mail Online   
Financial Times   
all 23 news articles »   


Irish Examiner
   
Juncker makes case for joint EU army   
Irish Examiner
The European Union needs its own army to face up to Russia and other threats, as well as restore the bloc's foreign policy standing around the world, EU Commission president Jean-Claude Juncker told a German newspaper yesterday. Arguing that NATO ...

Juncker calls for a European army   The Times (subscription)
European Commission president calls for creation of EU army   Xinhua
Call for EU army in wake of tensions with Russia   RTE.ie
Telegraph.co.uk   
RadioFreeEurope/RadioLiberty   
Daily Mail   
all 127 news articles »   

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