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Sunday News

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THE owner of British Airways is launching a new long-haul budget airline based in Barcelona. ...

Ngqwele Dube, Business Correspondent MICROFINANCE institution, MoB Capital has launched a loyalty card that will see holders getting discounts from various services providers across different sectors of the economy. ...

THE United Kingdom government has removed its adverts from YouTube amid concerns they are appearing next to “inappropriate” material on the video-sharing site. ...

Dumisani Nsingo, Senior Business Reporter THE Command Agriculture programme targeting livestock farmers is set to be the stepping stone in the revival of the Cold Storage Commission as farmers will be mandated to sell the animals to the company the same way crop farmers are expected to deliver to the Grain Marketing Board. ...

Dr Kupukile Mlambo Dickson Mangena and Dumisani Nsingo, Business Reporters CAPTAINS of Industry have said the increased circulation of the rand in the country will sway the public’s mindset from solely relying on the diminishing United States dollar for transactional purposes and enhance the country’s export competitiveness with its trading partners. ...

Minister Walter Chidhakwa Munyaradzi Musiiwa, Midlands Correspondent THE Government has secured $7 million worth of mining equipment for Sabi Gold Mine in Zvishavane which will assist in the revival of the mine, Mines and Mining Development Minister Walter Chidhakwa has said. ...

Economic Focus, Williemien Viljoen AT the end of October last year, the World Bank released their latest Doing Business Report. The report presents a review of aspects of regulation which enable or hamper businesses from starting, operating and expanding in 190 countries. ...

Dickson Mangena, Business Reporter ABOUT 60 percent of machinery in local companies is obsolete making it hard for the firms to be competitive in the quality of goods as compared to other trading partners in the region, an official has said, ...

Fairness Moyana, Hwange Correspondent COALMINER Hwange Colliery Company Limited has come up with a voluntary retrenchment proposal in an effort to cut its workforce after last year’s moves to lay off 1 000 workers were blocked by the Government. ...

Minister Patrick Zhuwawo Munyaradzi Musiiwa, Midlands Correspondent THE Ministry of Youth, Indigenisation and Economic Empowerment is in the process of setting up a micro-finance institution as part of efforts to support youth empowerment initiatives as well as curbing abuse of funds by youths running unsustainable projects and those defaulting. ...