adminNestle Zim unveils new cereal product
Business Reporter
NESTLE Zimbabwe has introduced a new cereal product to address nutritional deficiencies in pregnant and lactating mothers. The food supplement, Nestle Mom, which comes in three variants — strawberry, raisin nut and honey nut — was launched in Harare yesterday. Nestle Zimbabwe country
Mine to hand over Mt Darwin clinic
Business ReporterRoserock Mine will tomorrow officially hand over a fully equipped clinic to the community of Mount Darwin West. Vice President Joice Mujuru, who is also the constituency’s Member of Parliament, will be the guest of honour at the event. The clinic, whose construction started in August last year, will
Kwacha devaluation hurts Dairibord
Tawanda Musarurwa Business Reporter
DAIRIBORD Zimbabwe Ltd has announced a decline in net profit for the half year to June 30, 2012, to US$1,9 million from US$2,3 million. The company attributed the knock on net profits to exchange losses suffered from its Malawi subsidiary. During the period under review, the Malawi
Cambria clears listing hurdles
Business Reporter
CAMBRIA Africa plc yesterday said it had fulfilled all conditions precedent to its secondary listing on the Zimbabwe Stock Exchange. The conditions include regulatory approvals from the relevant authorities. Cambria, which bought out Celsys minority shareholders in May, said the move would allow
CBZ nets US$18m
Golden Sibanda Senior Business Reporter
CBZ Holdings basic earnings per share jumped 34 percent to US2,92c after the group posted US$18,3 million in after-tax profits in the interim period to June 30, 2012. The growth in profits comes on the back of a 19 percent increase in deposits as advances moved a mere 0,7 percent against 42,2
Cele: An unflinching revolutionary
One of Zimbabwe’s pioneer freedom fighters, Cephas Cele, died of diabetes at his home in Bulawayo on July 7 2000 and was buried at the national shrine on July 14, 2000. He was 65.Remember heroes’ widows
Bellinda Cele Features CorrespondentPresident Mugabe is an astute statesman, gifted with leadership qualities and charm that is incomparable the world over. He is a fatherly figure whom we have known to listen and understand issues with speed and depth. For many of us in the families of late national heroes and heroines,
Mini jazz festival at Cave Affair
Entertainment EditorOne of Zimbabwe’s top-notch entertainment joints, the Cave Affair situated at the Domboshava Hills and Cave, is back with a bang, with high-octane entertainment summer programmes. Already a number of high-profile events have been lined up at the joint, further cementing its reputation as one
‘New York’a pleasure to watch
Film: New YorkCast: Ali Merchant, Debashish Mishra, Aditya Choprah, Yash Chopra, Sham Karechal, Suraj Panda, Raashid Kahn, Ahmed Khan, Vijay Kumar, Jim Satya.
Director: Kabir Khan
Rutendo does us proud
Richard Kohola Music RideEmerging mbira-pop singer Rutendo Machiridza has raised the Zimbabwean flag high. Fresh from a month-long European tour, Rutendo is now poised to assert herself on the local music scene. She got the once-in-a-lifetime opportunity after Savannah Afros, her backing group, won the