adminWoman arrested with R1.6m cocaine mixed with rice
Limpopo – A 24-year-old woman was caught with three kilogrammes of cocaine mixed with rice, police said yesterday. The woman was found with the rice parcel wrapped in newspaper at…
Zim geared to go up World Bank rankings
Prosper Ndlovu Business Editor— ZIMBABWE is expected to register significant improvement in the World Bank ease of doing business ranking this year, riding on the ongoing investment reform processes, an expert…
SA trade mission to cement economic ties
Business Editor A DELEGATION representing 40 South African companies will be in the country this week on an investment and trade mission aimed at cementing economic ties between the two…
Mining sector needs $4bn for retooling
Bianca Mlilo Business Reporter THE mining industry in Zimbabwe requires about $3.8 billion over the next five years for retooling purposes, a report has shown. Of this figure $1.2 billion is required…
Anchor Holdings rebrands
Lovemore Zigara Midlands Correspondent DIVERSIFIED local firm, Anchor Holdings, is set to rebrand into Sinapis Investment Holdings following a change in the shareholding structure of the company. Anchor Holdings relinquished its 60…
Zim tourist arrivals up 7 percent
Business Reporter ZIMBABWE has featured among the top countries any first time holiday maker would like to visit alongside Nepal, Maldives, St Lucia, Rajasthan and The Vatican, a survey has…
Private players to dualise trunk roads
Business Editor THE government will issue tenders for the dualisation of trunk roads in the country as part of measures to improve the transport infrastructure and reduce accidents, a Cabinet…
Mimosa pours $154m into economy
Midlands Correspondent ZVISHAVANE based platinum miner, Mimosa Mine, spent $154 million in the economy as payments to local suppliers and local authorities for the financial year 2014/15. A recent report from…
Old Mutual unveils four-part breakup plan
OLD Mutual plc has announced that following the strategic review conducted by new group chief executive, Bruce Hemphill in November 2015, the group will separate its four principal businesses, namely,…
Zambian goalie a fraudster: Gumede
Ricky Zililo Senior Sports Reporter— HIGHLANDERS chief executive officer Ndumiso Gumede has alleged that Zambian goalkeeper Sitali Nyambwe is a “tsotsi” after he levelled ill-treatment allegations on the Bulawayo giants. Nyambwe has…