Trio in US$1,4 million fraud

Munyaradzi Doma HARARE - The case in which three men allegedly swindled USD$1,4 million from a business colleague in a botched property deal has been postponed to January 21 next year. Hosea Mkwananzi (36) representing Converging Investments, Ismail...
store front

Pep exits Zimbabwe

Staff Writer South Africa's Pepkor Holdings which operates Pep stores  has announced its intention to exit the Zimbabwean market due to economic challenges that have continuously strained the group’s performance. Several challenges including foreign currency repatriation,...
chamisa

MDC bigwigs fight in Mwonzora’s corner amid expulsion threats

Tawanda Marwizi HARARE - A section of MDC -Alliance heavyweights is reportedly fighting in Douglas Mzwonzora’s corner amid fresh attempts to expel the former secretary general from the party. Mwonzora who was demoted to a less...
mota

Machakaire donates vehicle to constituency

Staff Writer Newly appointed Youth Sports Arts and Recreation deputy minister  Tinoda Machakaire yesterday donated a Toyota Hilux to Chigondo ward in his Wedza South constituency. Machakaire recently made headlines after refusing to take an official...
bp bushland

Bee farming, the panacea to Zim’s disappearing wooded savannah

Problem Masau As the vehicle negotiates across the rugged terrains of Hurungwe District, scores of stumps and fallen trees could be seen in the once densely populated bushes, the situation threatening to worsen each farming...
Agric

A look into Conservation Agriculture and China’s model

Farai Mabeza CONSERVATION agriculture is built on three principles – minimum soil disturbance, permanent soil cover and crop rotation – that are known to reduce erosion, improve soil quality, conserve water, reduce fuel costs and,...
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ZSE to adopt GICS indices in 2020 as stocks record marginal gain

HARARE -  (FinX), The Zimbabwe Stock Exchange is set to adopt a new set of indices under Global Industry Classification Standard from January 1, 2020. The indices, which provide companies with a clearly defined...
Bond notes and USD 1

Treasury to require importers to provide source-of-forex proof at borders

HARARE – (FinX) As part of efforts to eliminate the black market for foreign currency and contain inflation in the process, Government will soon require those who import goods to officially declare sources of...
meikly

Albwardy set to conclude US$20 million Meikles Hotel acquisition

Staff Writer  Dubai-based Albwardy Investments will soon take ownership of the iconic Meikles Hotel for US$20 million but the deal is subject to shareholder approval at Meikles Limited group’s EGM in December this year.  The transaction...
Chicken Inn Simbisa Brands

Simbisa Zimbabwe ops revenue increases 431% in Q2

HARARE – (FinX) Simbisa’s second quarter has started off strongly with improvements being recorded on both customer counts and revenue leaving the group on course to meet half year targets. Chief Executive Basil Dioniso told...