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RioZim seeks to reschedule crippling $45mln debt

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Posted by admin 1 day 18 hours ago (http://source.co.zw)
By Kuda Chideme HARARE, August 28  (The Source) – Resources group RioZim says it is engaged in negotiations to reschedule its $45 million debt and expects to conclude the arrangement by the end of the third quarter this year. Last year the company reported a $18 million loss after incurring finance costs of $9,4 million. […]

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Satellites And Drones Used To Beat Poaching

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Posted by admin 1 day 18 hours ago (http://www.financialgazette.co.zw)
CONSERVATIONISTS are using satellite technology and drones to try to protect wild animals and their habitats. ZSL London Zoo is working on a project designed to remotely monitor wildlife almost anywhere in the world. Instant Detect has been used in Antarctica to monitor Adelie penguin colonies and in Kenya to help tackle the poaching of ...

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Zuckerberg: one in seven people on the planet used Facebook on Monday

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Posted by admin 1 day 18 hours ago (http://www.financialgazette.co.zw)
  AS the fictional Sean Parker might put it: ‘A million people logging in to Facebook on a single day isn’t cool. You know what’s cool? A billion people’. The non-fictional Mark Zuckerberg has announced a new milestone for the social network: one billion daily users. “For the first time ever, one billion people used ...

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Segway cameraman who floored Usain Bolt says he is ready to get back to work

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Posted by admin 1 day 18 hours ago (http://www.financialgazette.co.zw)
  • Song Tao reveals he apologised to Bolt for mishap at world championships • Bolt had jokingly accused Justin Gatlin of paying cameraman to clean him out THE cameraman who did what Usain Bolt’s sprint rivals could not and toppled the Jamaican is back to work after his brush with global fame and said ...

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US Open 2015: Andy Murray to face Nick Kyrgios in first round

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Posted by admin 1 day 18 hours ago (http://www.financialgazette.co.zw)
BRITAIN’S Andy Murray has been drawn against controversial Australian Nick Kyrgios in the first round of the US Open, which begins on Monday. The 28-year-old has played Kyrgios twice in Grand Slams this year, winning in straight sets at both the Australian and French Opens. World number 37 Kyrgios, 20, was fined $10,000 this month ...

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Football transfer rumours: Paul Pogba to Chelsea?

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Posted by admin 1 day 18 hours ago (http://www.financialgazette.co.zw)
AS any criminally possessive numb-skull could tell you, the best way to make someone appreciate the value of love and loyalty is to taunt and threaten them if they ever suggest leaving you. And The Sun would have us believe this morning that that is the approach that some Everton fans have decided to take ...

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PPC Zim to increase capacity to 1,5 million

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Posted by admin 1 day 18 hours ago (http://www.financialgazette.co.zw)
PRETORIA Portland Cement (PPC) plans to boost its production capacity to 1,5 million tonnes per annum from the current 1,1 million tonnes, following the completion of the company’s Msasa plant next year. PPC managing director, Njambo Lekula said the company will however retire two units at its old Bulawayo plant as the units are inefficient ...

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World Bank says it has funded US$1,6 bln worth of development projects since 1980

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Posted by admin 1 day 18 hours ago (http://www.financialgazette.co.zw)
  THE new World Bank country director for seven SADC member countries, including Zimbabwe, arrived in the country on Thursday for the first time on a two day working visit. Guang Zhe Chen is the Bretton Woods institution’s new country director for Zimbabwe and its regional peers; Zambia, Botswana, Lesotho, Namibia, South Africa and Swaziland. ...

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