adminBosso lose to Chicken Inn
Peter Phiri Sports Correspondent
Highlanders 0
Chicken Inn (1) 1
HIGHLANDERS suffered their first ever defeat at the hands of Chicken Inn and their third of the season in the Castle Lager Premier Soccer League when they went down at Barbourfields Stadium yesterday. Kudakwashe Mahachi scored for the Gamecocks half an hour into the first half with a beautiful volley from outside the box.
Car imports up 23pc
Thupeyo Mleya Beitbridge BureauVehicle imports through the Beitbridge Border Post increased by 23 percent between January and May this year compared to the same period last year, the Zimbabwe Revenue Authority has said. The increase is attributed to the price freeze of vehicles in South Africa and also the exorbitant prices of vehicles on the local market. Prices of second hand
Telecel keen to localise shareholding
Business CorrespondentTELECEL board chairman Dr James Makamba says the country’s fastest growing mobile phone operator’s shareholders are determined to address the shareholding structure that has raised eyebrows among empowerment groups as it is skewed in favour of foreigners instead of locals. The company’s majority stake — 60 percent — is held by Egypt-
Dairibord bids for Cairns
Golden Sibanda Senior Business ReporterDAIRIBORD Holdings has joined the race to acquire a controlling stake in Cairns Holdings Limited, which plans to de-list from the Zimbabwe Stock Exchange to simplify the process of getting fresh investment. A total of four suitors are vying for a majority interest in Cairns and the others include local private company, Judah Holdings Limited and South
ZITF Company to build hotel
The Zimbabwe International Trade Fair Company plans to build a hotel and conference centre as part of initiatives to widen its revenue base. ZITF Company chairperson Mr Bekithemba Nkomo told the Parliamentary Portfolio Committee on Industry and Commerce that establishing the hotel was one of its long-term objectives. “Bulawayo City CouncilSeven win big in MBCA promotion
Business ReporterSEVEN lucky MBCA clients on Tuesday night walked away with prizes worth US$11 000 in the grand draw of the bank’s account recruitment and deposit mobilisation campaign.
Mrs Stella Chimbumu from Southerton, who is an account holder with the bank’s Southerton branch, was the biggest winner of the night after she won the top prize of
Indian firm awarded gas tender
The Government has awarded Indian firm Water and Power Consultancy Services the tender to explore for coal-bed methane in the Lupane area, Matabeleland North province.The tender for gas exploration, to be used in power generation, was floated last year. In 2007, the Government declared exploration of the gas a priority but to date no
Dairibord profits lower
Business ReporterDAIRIBORD HOLDINGS has warned group profits for the half year period to June 30 2013 would be lower compared to the prior year due to operational and related market challenges. In a statement, the board of Dairibord Holdings Limited said it had made a decision to realise both the staff and plant rationalisation expenses in the first half of the
Govt endorses UNWTO draft programme
Business ReporterCABINET on Tuesday endorsed the draft programme of the 20th session of the United Nations World Tourism Organisation General Assembly to be co-hosted by Zimbabwe and Zambia. The UNWTO General Assembly will be staged in Victoria Falls and Livingstone, Zambia, from August 24 to August 29. Tourism and Hospitality Industry Minister Walter
Renewed protectionism stalls Doha Round talks
Gift Mugano Business CorrespondentTHE current World Trade Organisation negotiations were launched in November 2001 in Doha, Qatar where WTO members agreed on a work programme and trade negotiations that were to be concluded in 2005 but until now the negotiations are still on. Zimbabwe is participating in these negotiations. In the Doha Round, Zimbabwe is negotiating