RTG profits soar, but liquidity concerns loom

Rainbow Tourism Group (RTG) reported impressive profit growth for 2024, with profit before tax rising 36 percent to US$7.9 million and profit after tax increasing 18 percent to US$5.37 million.

RELIEF FOR INMATES

SOON you are going to see prisoners serving the remainder of their sentences working in their communities and going home to sleep instead of returning to prison.

ANOTHER SUSPECT NABBED IN US$129K ROBBERY

ANOTHER member of the gang of armed robbers who allegedly robbed Meru Service Station of US$129 000 has been arrested.

Zim, Nicaragua enjoy cordial bilateral ties

ZIMBABWE and Nicaragua enjoy excellent bilateral relations, rooted in solidarity, particularly in the fight against unilateral coercive measures imposed on both countries, Zanu PF National Political Commissar, Cde Munyaradzi Machacha, has said.

InnBucks: Assets surge, but rising costs impact profits

InnBucks MicroBank Limited has unveiled its financial results for the first half of the fiscal year ending June 30, 2025, showcasing a mix of robust growth and strategic challenges.

Mash Central cholera cases surge

Mashonaland Central Province continues to battle recurring cholera outbreaks, with 340 cases and eight deaths recorded in six out of eight districts.

SECURITY FIRM EMPLOYEE JAILED SEVEN YEARS FOR DESTROYING EVIDENCE

A SECURITY company employee has been sentenced to seven years imprisonment for setting an office on fire as he tried to destroy evidence related to the theft he had committed.

WE’RE NOT A TOOTHLESS BULLDOG, SAYS MAYOR

HARARE Mayor Jacob Mafume says they are not a TOOTHLESS BULLDOG when it comes to dealing with defaulting rate payers and illegal vendors.

Board of directors role in corporate rescue cases

The number of corporate rescue cases in the Zimbabwe economy seems to be on the increase. Various reasons for this development have been advanced, and these are largely to do with a worsening operating environment for business.

Harare targets malls in shop licence blitz

HARARE City Council is cracking down on businesses operating under the guise of shopping malls to avoid paying individual shop licences, Mayor Jacob Mafume has said.

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