Hair salons cry foul over tax
Business Reporter
HAIR salons have complained over the high presumptive tax charged by the Zimbabwe revenue Authority (Zimra) saying it was affecting their operations as they could not afford to pay such costs as business was generally low. A survey by Business Chronicle
Hungarian airline Malev collapses
The Hungarian national airline Malev has folded after its financial situation became unsustainable. “At 0500 GMT . . . after 66 years of almost continuous operation, Malev will no longer take off,” it said. It came after the European Commission
CBZ clients fail to get monies paid through RTGS system
Business Reporter
CBZ clients in Bulawayo have raised concern over the inconveniences caused by the commercial bank’s recent failure to process payments made through the Real Time Gross Settlement (RTGS) facility. RTGS is a funds transfer mechanism where
Bosso elect Dube
By Ricky Zililo
PETER Dube won the Highlanders Football Club’s chairmanship at yesterday’s elections, shrugging off the challenge of incumbent Themba Ndlela and Mandla Moyo. The elections were held at the Highlanders Clubhouse with 355 bona-fide
Zimbabwe need quick turnaround
As with most one-day series, the first match of this one served as an illustration of the work that needs to be done from both sides. New Zealand were in a dominant position at 223 for 6 in the 43rd over but instead of turning that into a score flirting with 300, they were held to 248 as they lost four wickets for 25 runs in five overs. Zimbabwe’s bowlers gave their batsmen a
Mali oust co-hosts Gabon in tense penalty shootout
Mali ended Gabon’s dream of their first ever semi-final place in an Africa Cup of Nations by beating them 5-4 on penalties following a 1-1 draw, as Seydou Keita netted the winner with Pierre Aubameyang missing his spot-kick. The two teams kicked off to a musical audience as neither side made any threatening attack, but it was Mali who maintained a good bout of
Colliery pledges support to promoted netball team
Sports Reporter
Hwange Colliery Limited management will support the company’s netball team which has just been promoted into the Super League. Burzil Dube, the company’s spokesperson, said the team’s success was a welcome development to the town’s sporting
‘Monetary policy seeks to restore confidence in banks’
Business Reporter
THE monetary policy statement seeks to address liquidity challenges facing financial institutions in order to restore confidence in the banking sector, economic commentators have said. In his monetary policy statement presentation last
FC Windermere bounce back
Sports Reporter
FC Windermere bounced back into the Zifa Southern Region Division One Soccer League on Saturday after the assembly voted in their favour. The club owned by Bulawayo businessman and players’ agents chairman Omega Sibanda had been
Zifa happy with Hwange Stadium renovations
Sports Reporter
HWANGE Football Club has assured soccer lovers that improvements at Hwange Stadium would be completed within the next fortnight ahead of their 4 March Confederations Cup tie with Jamhuri of Tanzania. “It’s been round the clock work in the past

