Kingdom seeks US$200m for recapitalisation

Bright Madera Senior Business Reporter
KINGDOM Financial Holdings Limited is seeking to raise US$200 million in debt capital and offshore lines of credit to further capitalise its operations. The capital will comprise US$50 million in debt through the

Government, cotton farmers deadlocked

Martin Kadzere Senior Business Reporter
GOVERNMENT is on a collision course with cotton ginners after it announced it had nationalised this year’s crop. Agriculture, Mechanisation and Irrigation Development Minister Joseph Made said on

Buhera’s hyena menace

Fortious Nhambura Features Writer
Tendai Makumbe forages the bushes on the foot of Gombe Mountain in Buhera for his missing goats and sheep. The animals strayed while being herded by his playful children. The children feared

Hard work has its rewards

Richmore Tera Features Writer
BUSINESS savvy, clout and a natural flair for success have seen a Harare woman becoming the envy of her community after her hard work saw her being awarded with a brand-new C240 Mercedes-Benz.

Tribute to Scandinavia’s Shakespeare

Ruth Butaumocho Entertainment Editor
THE Book Café will next week Monday host the August Strindberg Centenary launch. The much-anticipated launch will also afford theatre enthusiasts an opportunity to watch snippets of two of

Sandy off to Russia

Richmore Tera
RAUNCHY dancer and musician Sandra Ndebele on Tuesday flew out of the country to attend a cultural festival in Russia in what is her maiden tour of the sprawling Eastern European country. The diva and her

Mic Inity ‘frees’ himself

Jonathan Mbiriyamveka Entertainment Reporter
When an artiste as good as Mic Inity declares freedom, you begin to wonder what has been holding him back all these years and why it took long to “free” himself. Well, the reason is simple. Success

Zim U-19 cricket team to play Dubai

Mbachi Mutukula-Maregere Sports Reporter
THE Zimbabwe Under-19 cricket team is expected to play Dubai Academy in a friendly match in Harare, starting on Saturday in preparation for the ICC Under-19 World Cup to be held in Australia in August.

Fiscal offences explained

The Zimbabwe Revenue Authority (Zimra) is empowered to penalise — or refer for prosecution — taxpayers for offences against the provisions of the law and regulations related to tax administration.
Offences Defined An offence is a violation or breach of law which can result from omission or

Doughnut firm targets India

NEW DELHI. — Dunkin’Donuts yesterday said it aimed to open 100 stores in India over the next five years as it goes head-to-head with rival Starbucks, which is due to open in the country in the coming months. Dunkin’ Donuts, which set up its first Indian outlet earlier this month, is among a growing

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