admin‘Donor agencies fuelling import bill’
Business Editor— THE government is working on modalities to ensure donor agencies procure local products as part of measures to revitalise domestic industry and reduce the import bill. Zimbabwe has maintained…
Stanbic post 15pc profit surge
Business Reporter STANBIC Bank Zimbabwe has posted a 15 percent increase in profit to $23.9 million for the year ended 31 December 2015, up from $ 20.7 million in 2014. The…
AfDB unveils $549mil drought relief package
THE African Development Bank (AfDB) has unveiled a $549 million drought response package for 14 countries most affected by the El Nino induced drought in Eastern and Southern Africa. AfDB acknowledged…
‘Utilise idle industrial space’
Bianca Mlilo Business Reporter LOCAL authorities should consider leasing out premises of closed factories to small and medium enterprises (SMEs) in order to recover monies owed to them by the collapsed…
Choppies directors raise P200m in property firm listing
CHOPPIES directors, Ramchandran Ottapathu and Farouk Ismail will raise P200 million from selling 80 million shares in Far Property Company (FPC) ahead of the company’s listing on the Botswana Stock…
OUTRAGE! …Chivayo withdraws Warriors sponsorship over Pasuwa story
Eddie Chikamhi and Grace Chingoma Harare Bureau— A SPECTACULAR fallout between Zifa benefactor Wicknell Chivayo and some sections of the local media sparked dramatic events yesterday with the businessman announcing he…
‘No going back for Bosso’
Sikhumbuzo Moyo Senior Sports Reporter HIGHLANDERS skipper Felix Chindungwe says there is no going back for the Bulawayo giants after posting a confidence boosting win over Hwange at the Colliery Stadium…
Sibanda rallies Mighty Warriors
Ellina Mhlanga Harare Bureau AFTER making history by qualifying for the Olympic Games last year, Mighty Warriors assistant coach Sithethelelwe Sibanda has urged the team to maintain the same fighting…
Mashingaidze’s future uncertain
Sikhumbuzo Moyo Senior Sports Reporter ZIFA general secretary Jonathan Mashingaidze’s future at the national association remains uncertain following the expiry of his contract on April 1 amid reports the executive is…
MSU dominates ZUSA games
Midlands Correspondent MIDLANDS State University (MSU) dominated the Zimbabwe University Sports Association (ZUSA) cluster 2 games held at the institution in Gweru over the weekend. The university had earlier won the…