adminPoor industrial performance affects insurance sector
Business Reporter
The insurance sector under-performed this year due to the low capacity utilisation levels of industry, the managing director of Fidelity Life Assurance of Zimbabwe Mr Simon Chapereka has said.
In an interview, he said the sector heavily depended on the performance of other industries.
‘Govt has no control over Buy Zim Campaign’
Masvingo Correspondent
THE Buy Zimbabwe Campaign is a private initiative that the Government has no direct control over although the strides the organisation is making in promoting local products has been widely backed, an official has said.
Meikles to open first Pick n Pay mega store next year
Business Reporter
Zimbabwe Stock Exchange-listed entity, Meikles Limited, is set to open its first Pick n Pay mega store in Harare next year.
Zifa wants 20-team league
By Sikhumbuzo Moyo
THE Zimbabwe Football Association (Zifa) is reportedly considering the idea of increasing the number of teams in the Premier Soccer League to 20, up from the current 16 teams.
‘PSL should not relegate any teams’
By Thandiwe Moyo
ZIFA and the Castle Lager Premier Soccer League seem to be throwing the issue of the petition signed by four relegated teams back and forth with none wanting to address it.
Masvingo United, Shooting Stars, Zimbabwe Saints and Kiglon signed a petition early this week protesting their relegation from the Premier League which they deem as “unfair”.
PSL chairman Twine Phiri declined to comment on the issue referring all questions to the league’s chief executive officer Kennedy Ndebele.
Mountaineers crowned Stanbic Bank T20 kings
Harare Bureau
Mountaineers (142/6) beat Mashonaland Eagles
(115) by 27 runs.
An exciting T20 final between the two former champions ended in a rather narrow victory for the first holders of the trophy, Mountaineers. At the halfway stage it looked as if the home team and last season’s champions, Mashonaland Eagles, would triumph, as Mountaineers turned in an indifferent batting performance, and recent high scores in this tournament, especially by the home side, suggested that 143 was too small a target. But Mountaineers bowled and fielded superbly, and the pressure of the occasion probably affected the batsmen, and a middle-order collapse resulted in a fine victory for the Mutare-based team.
Council slammed over proposed budget
Chronicle Reporter
A civic group, National Association of Non Governmental Organisations (NANGO) has formally opposed Bulawayo City Council’s proposed 2012 budget saying it failed to address housing problems dogging the city.
Police to descend on errant motorists
Chronicle Reporter
The police will be out in full force to deal with errant drivers as the festive season draws near.
Over 600 diamond fields workers strike
Harare Bureau
OVER 600 workers at Anjin Investments, one of the biggest mining firms on the Chiadzwa fields, have gone on strike demanding higher salaries and better working relations.
The workers claim the lowest paid employee (general worker) earns $180 per month, an amount they want moved to $600 in line with the poverty datum line.
NRZ complex fire victims seek help
Chronicle Reporter
VICTIMS of the fire which gutted the National Railways of Zimbabwe (NRZ) business complex last month are calling on well wishers help them to restart their business, amid revelations that NRZ cannot compensate them because they were told to move out, after the building was condemned.