Private equity fund buys into Invictus

A local investment fund has bought shares in Invictus Energy Limited that is prospecting for gas and oil in the Muzarabani area, the company revealed in a statement yesterday.

‘Support informal sectors’

African governments should support informal businesses whose activities have been disrupted by coronavirus to limit the risk of social unrest, the African Union (AU) has warned.

Miners lobby for fiscal, tax reprieves

MINING firms are preparing a set of proposed interventions by Government that among others things allow some form of fiscal and tax reprieve as well as unhindered operation of most mining  entities and essential service suppliers to the sector.

Bekezela, Albert team up with African artistes for Covid-19 song

Bongani Ndlovu, Showbiz Correspondent SOUTH Africa-based Afro-Jazz musician Bekezela, Albert Nyathi and Vusa Mkhaya have teamed up with other musicians from across Africa for a song titled Phumelela, which speaks…

$910 million to solve Bulawayo water problems

Nqobile Tshili, Chronicle Reporter BULAWAYO City Council (BCC) requires US$22,75 million or $910 million to implement three medium to long term projects to ease the city’s water crisis that has…

COMMENT: Hats off to frontline staff as we mark Workers’ Day

Workers at home and abroad will mark Workers’ Day today under a cloud. The Covid-19 pandemic poses arguably the biggest threat to job security, workers’ physical health and their lives…

Zimra Q1 revenue clocks $13,8 billion

Oliver Kazunga, Senior Business Reporter THE Zimbabwe Revenue Authority (Zimra) has surpassed its first quarter revenue performance by 10,42 percent to $13,88 billion underpinned by the implementation of the Government’s…

Kangwa happy to be stuck home

Ricky Zililo, Senior Sports Reporter EX-HIGHLANDERS footballer Bruce Kangwa, who quietly sneaked into the country in March from his Tanzania base, is happy to be stuck at home during the…

Ministry ordered to avail power for winter wheat crop

Vusumuzi Dube in Maphisa GOVERNMENT has ordered the Ministry of Energy and Power Development to ensure the availability of electricity in all the country’s major estates to enable them to…

Product dumping worries dairy farmers

The Zimbabwe Association of Dairy Farmers has expressed concern that stockpiling of milk and milk-based products across the world, could result in product dumping from developed markets at the expense of viability of local players.

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