All set for Bob 88 Super Cup

By Ricky Zililo
THE Bob 88 Super Cup roars to life this weekend with defending champions Dynamos taking on Hwange at Barbourfields Stadium while Motor Action and FC Platinum will battle it out at Sakubva Stadium in Mutare. The competition is part of the

Overnight explosions heard in Nigeria’s Kano

Explosions and gunfire were reported early yesterday from an area near a police station in the northern Nigerian city of Kano, where co-ordinated attacks and gun battles last week killed about 178 people. The AFP news agency reported early yesterday that its correspondent heard a series of blasts and gunshots coming from an area where a mobile police

Interfin issues $7m agro-bills

Business Reporter
INTERFIN Bank and a fertiliser-manufacturing firm, Nico-Orgo, have issued $7 million agro-bills to support the 2012/13 agricultural season. The agro-bills, whose tenure is 365 days, were offered mid this month with special features that include a

Mauritius’ AfrAsia set to invest $9,5m in Kingdon

Business Reporter
A Mauritian banking group, AfrAsia, is set to take a 35 percent stake in Kingdom Financial Holdings after investing $9,5 million in the financial institution. KFHL is seeking $25 million to racapitalise the group. Last year, the group developed a model to

Biti feeds white farmers false hope

By Honai Chopera
IN SEPTEMBER last year, I read a seemingly innocuous article about a constituency meeting held by Finance Minister Tendai Biti in the affluent Borrowdale suburb.Among his audience was a white commercial farmer who asked about progress

Indigenisation board begins preps to establish regional offices

Business Reporter
THE National Indigenisation and Economic Empowerment Board (NIEEB) has started mobilising resources to establish regional offices in all the provinces of the country. The setting up of regional offices is part of efforts to ensure the Indigenisation and

Mining fees set to go up

Harare Bureau
GOVERNMENT is proposing hefty registration, rental and licence fees for mining activities. Mines and Mining Development Permanent Secretary, Mr Prince Mupazviriho, confirmed that new fees will be announced soon. He, however, declined to

Businessman sentenced 10 years for fraud

Court Reporter
A Bulawayo businessman who defrauded a man of more than $22 000 in a deal involving soya beans and maize was yesterday sentenced to 10 years in jail. Elliot Batsiri (42), of 409/2 Old Magwegwe pleaded not guilty to two counts of fraud but was

Row looms over contributions to restore power in Kezi

Chronicle Reporter
A showdown is looming between Zesa and the business community and villagers in Kezi, Matabeleland South Province, as they are accusing the power utility of forcing them to make contributions towards restoration of power in the area.

MLF activists’ bail reinstated

Court Reporter
THE three members of Mthwakazi Liberation Front (MLF) who are facing treason charges, were on Monday once again granted their freedom when their bail was reinstated. MLF is a pressure group-cum-political party calling for the separation of

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