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UPDATED: Egyptian businesses target Zim
A group of businesspeople from the Egypt is headed for Zimbabwe to explore the country’s business potential in various economic sectors.
Mining firms in Zambia mull scaling down operations
LUSAKA. – Mining firms in Zambia are reviewing their operations and considering scaling back substantially following the decision by the government to introduce a new mine tax regime, an industry body said.
Former president Zuma to pay own legal fees: Court
JOHANNESBURG. – Former South African president Jacob Zuma must pay back state funds and cover his own costs, a court ruled Thursday, leaving him facing massive legal bills as he fights graft charges.
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- businessweekly
- December 13, 2018
- 239 views
Davipel Group to invest $2m in new plant
Michael Tome HARARE – Indigenous agro-processing company,Davipel Group, has embarked on a $2 million dollar instant yoghurt and flavouring plant investment with a target to commission by April next year.
- businessweekly
- December 13, 2018
- 143 views
Banking sector profitability improves
Tawanda Musarurwa HARARE – The local financial services sector boosted profitability in the nine months to September 30, 2018 posting an aggregate net profit of $283,98 million, latest Reserve Bank…
JUST IN: Intratrek wins $25m ZPC contract lawsuit
Intratrek Zimbabwe has won its lawsuit against the Zimbabwe Power Company for breach of contract, with the High Court declaring a multi-million dollar contract signed between the parties for the Gwanda solar project valid or alternatively payment of $25 million damages for the breach.
Chronicle Editor
- SundayNews
- December 13, 2018
- 43 views
Woman strangles new born baby, dumps it in latrine
Sukulwenkosi Dube-Matutu, Gwanda Correspondent A 26-YEAR-OLD Gwanda woman has appeared in court for allegedly strangling her new born baby to death and dumping the body in a pit latrine at…
Turkey train crash: At least nine dead in Ankara
A crash involving a high-speed train at a station in the Turkish capital Ankara has killed at least nine people and injured 47, Turkey’s transport minister has said. Images from…
- SundayNews
- December 13, 2018
- 100 views
Stock theft cops imprisoned for 24 years
Tendai Bhebe, Sunday News Reporter TWO police officers stationed at Fort Rixon in Insiza District, Matabeleland South who were recently arrested for stock theft and bribery have each been slapped…