ManLuckerz to bring Zim Festival Bira back home

Kundai Marunya Arts Correspondent Sweden-based musician-cum-cultural activist Makandire Chezhira Chikutu a.k.a ManLuckerz is raring for a chance to host his traditional music festival Zimbabwe Festival Bira (ZIMFEBI) on home soil.…

Hare basks in glory of debut album success

Arts Reporter Getting a third position on Radio Zimbabwe Cocal-Cola Top 50 with his song “Panganayi” from debut album “Mbuva Yehwiza” was an unexpected achievement for Panganayi Hare. While he…

Former defence ministry accountant denied bail in US$20m fraud case

Nyore Madzianike Senior Court Reporter A FORMER accountant in the Ministry of Defence, who is facing charges of stealing US$20 million from the ministry, has been denied bail. He is…

GOKWE LIGHTNING LATEST: Villager accused of being responsible flees . . .

A 64-year-old man from Gokwe accused by fellow villagers of being responsible for a mysterious lightning that killed a fellow villager and 20 herd of cattle has sought refuge from a neighbouring traditional leader.

Cheetahs to face South American teams in World Rugby Sevens

Sports Reporter ZIMBABWE Rugby sevens team have been drawn against South American teams Chile, Brazil and Mexico for the upcoming World Rugby Sevens Challenger Series. The Cheetahs are under the…

CHIWENGA-MUBAIWA DIVORCE: Case deferred for parties to negotiate a settlement

Fidelis Munyoro – Chief Court Reporter The dispute over custody of children and access to matrimonial home pitting Marry Mubaiwa and her ex-husband Acting President Constantino Chiwenga was on Friday deferred…

US$206m DBSA loan haunts Zinara…new board restructures facility…advisor to review Intertoll contract

The Zimbabwe National Road Administration (ZINARA) is struggling to pay back a US$206 million loan it got from the Development Bank of South Africa (DBSA) to rehabilitate Plumtree-Bulawayo-Mutare highway and is now being forced to source money outside toll related revenues to avoid defaults, Business Weekly can reveal.

Pension funds to invest offshore

Zimbabwe is working on a new law that will allow cash rich pension funds to invest at least 20 percent of their assets outside the country to enable them to diversify investment risk some of their portfolios are exposed to, a senior official has revealed.

Zimbabwe needs US$16bn: AfDB

Oliver Kazunga, Acting Business Editor ZIMBABWE needs an estimated US$16 billion for infrastructural development as well as supporting governance and other institutional reforms as the country moves towards achieving an upper…

EDITORIAL COMMENT: Govt must act decisively to stop illegal forex transactions

Businesses that continue to quote prices in foreign currency are economic saboteurs and measures must be put in place to stop this. Government which outlawed the use of multi-currency last…

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