admin$1billion needed to revive Bulawayo firms
Chronicle Reporter
AN estimated $1 billion is required to revive companies in Bulawayo, Bulawayo Governor and Resident Minister Cde Cain Mathema said yesterday.
Over 90 golfers expected at Mayor’s Cheer Fund tourney
By Sikhumbuzo Moyo
MORE than 90 golfers are expected to tee off this morning in the Mayor’s Christmas Cheer Fund golf tournament at Harry Allan Golf Course.
Council, EasiPark clash over cash
Michael Chideme Municipal Reporter
A FIGHT over revenue has erupted between Harare City Council and EasiHold of South Africa as the firm insists that the city cannot benefit yet from their parking deal.
Council and EasiHold are in a joint venture through EasiPark to control parking bays in Harare.
Council is supposed to get 60 percent of the profits while EasiHold gets the remainder.
But EasiHold is arguing that it cannot share the profits it has been making since 2009 until a shareholders’ agreement is signed.
There are no indications that the agreement will be signed any time soon.
EasiHold officials are also refusing to have their operations audited, arguing that it was not part of the deal.
Council officials say they are not aware of how many parking lots Easipark is operating because there is no audit.
Harare City Council business committee chairman Councillor Thomas Muzuva said: “So, how is council going to benefit from the
The Herald reaffirms market dominance
Herald Reporters
THE Herald reaffirmed its dominance yesterday by scooping the prestigious Superbrand of the Year Award in the print media category for 2011 for the second year running.
The contest was dominated by the Zimpapers stable, with our sister paper, The Sunday Mail, coming third.
Zimpapers’ printing and packaging arm, Natprint, came out tops in the printing and packaging category.
The Herald’s latest achievement was announced last night at an event held by the Marketers’ Association of Zimbabwe to honour the country’s most preferred brands.
Superbrand of the Year Awards are an annual event which recognises and rewards outstanding brands in the country.
Indigenisation not election stunt
Takunda Maodza in BULAWAYO
THE indigenisation and economic empowerment programme is irreversible and not meant to buy votes ahead of general elections expected next year, President Mugabe has said.
Some foreign-owned firms are resisting the empowerment regulations, with Caledonia Mining Corporation last week saying it was waiting for elections in anticipation of a change of Government.
Officially opening the 12th Zanu-PF Annual National People’s Conference here yesterday, President Mugabe said after the successful land reform programme, Government was going further to economically empower the people in
Chief appeals to President for power restoration
From Hebert Zharare in Bulawayo
The Chiefs’ Council yesterday appealed to President Mugabe to mediate in acrimonious
Madangure memorial set for tomorrow
Herald Reporter
The memorial service for the late Zimbabwe Democratic Party leader Ms Isabel Shanangurai Madangure will be held tomorrow
Zanu-PF not condoning imposition of candidates
From Sydney Kawadza in Bulawayo
ZANU-PF will not condone imposition of candidates and is coming up with primary election rules that will ensure a resounding
Vice Presidents hail unity in Zanu-PF
Bulawayo Bureau
ZANU-PF Vice President and Second Secretary Cde Joice Mujuru yesterday called on Zimbabweans to remain united and
Conference to set recovery tone
From Sydney Kawadza in Bulawayo
THE Zanu-PF 12th Annual National People’s Conference roared into life at the ZITF Grounds yesterday amid high expectations