ACR sends SOS to AG’s Office

African Consolidated Resources says it will apply to the Attorney-General’s Office for a stay of proceedings while an appeal against a judgment handed against it was being heard.
ACR early this month lost a bid to block its prosecution in a case in which it is being charged with fraud and breaching the Precious Stones Act.

Lessons from Oliver Mtukudzi

Ben Chiganze

LAST weekend I went fishing with my former schoolmate Million and after toiling the whole day we caught nothing. I was very discouraged and I openly told Million that I will not go back to the dam until September when it is warmer. On the other hand, Million did not appear to be bothered by our bad fortunes.

ZSE share volume up

Business Reporter
THE volume of shares traded on the Zimbabwe Stock Exchange rose 351 percent to 20 502 261 while value also vaulted 300 percent to US$2,345 million on significant gains in only four stocks.

Tobacco sales gross US$470m

Elita Chikwati Agriculture Reporter
TOBACCO growers have so far earned US$466,1 million from the sale of 125,7 million kg since the opening of the selling season in February.
This is an increase from last year’s US$366,7 million raised after the sale of 97,5 million kg.

FBC deal close

Martin Kadzere Senior Business Reporter
UNITED STATES private equity firm Equator Capital is nearing a deal to acquire a 10 percent shareholding in Zimbabwe Stock Exchange-listed financial group, FBC Holdings, sources familiar with the deal have said.

Khaya Moyo blasts West over Saharawi

Herald Reporter
ZANU-PF national chairman Cde Simon Khaya Moyo has blasted the Western countries for their double standards by not condemning Morocco’s occupation of Saharawi but quick to attack other countries. Cde Khaya Moyo made the remarks when

Fireworks to rock BBA’s opening

Entertainment Reporter
Multiple award winning musicians from Nigeria, Kenya and South Africa are expected to take centre stage at the opening show of the Big Brother Africa slated for May 26. The big night will also see 28 new housemates being revealed to audiences in over

Mutasa on indiginisation

Kuda Bwititi in Atlanta, USA

Zimbabweans living in the United States have appealed to Government to ensure they also benefit from the indigenisation programme that has seen many people venturing into areas previously dominated by foreigners. Speaking at the Zimbabwe

Man forced to service four women

Chinhoyi Bureau
A KADOMA man endured a hellish two days at the hands of four women who reportedly kidnapped him at gunpoint and locked him up in a room where they would take turns to be intimate with him before giving him trinkets

Obama to take first major Africa trip in late June

WASHINGTON, – President Barack Obama will leave on a first African tour next month, visiting Senegal, Tanzania and South Africa, but his itinerary released on Monday bypasses Kenya, an ancestral homeland. Obama disappointed

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