CFI targeting sustainable recovery after 17% drop in sales volumes in Q1
Almot Maqolo
HARARE - CFI Holdings' sales volumes in the first quarter ended December 31, 2019 declined by 17% from the comparative period owing to...
Moving the needle in urban areas poverty
Munyaradzi Doma
For years, a long cherished dream for many would be to live in urban areas, where people enjoy luxurious lives compared to rural...
Zimbabwe hikes electricity tariffs by 19%
Farai Mabeza
The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has increased electricity tariffs by 19.02 percent with effect from March 1, 2020.
In a statement,...
Zimplats revenue rises to US$377.7mln as it pins hopes on higher prices
HARARE - Zimplats, the country’s largest platinum miner, says its revenue for the half year ended December 31, 2019 rose 29% to US$377.7 million...
Govt targets sport revival at Alaska Mine
Tawanda Marwizi
Alaska Mine, situated about eight kilometres outside Chinhoyi, is associated with some of Zimbabwe’s top sporting talents. Football star Tafadzwa Rusike, who played for...
Understanding the modalities around Mthuli’s GEMS Fund
FinX
HARARE – Cabinet yesterday resolved to set up a Government Employees Mutual Savings Fund with effect from March 2020 wherein Government would provide $100...
2018 presidential candidate duped of US$65 000
Munyaradzi Doma
The case in which 2018 presidential candidate and businessman Joseph Makamba Busha reportedly lost US$65 000 to a Zimbabwe Congress of Trade Union...
AfDB executive directors worried by rising poverty levels
Sydney Kawadza
A group of executive directors from the African Development Bank visiting Zimbabwe have expressed concern over the rising poverty levels in urban areas.
According...
Chamisa makes surprise court appearance
Munyaradzi Doma
MDC Alliance president Nelson Chamisa made a surprise appearance at the Harare Magistrates Court on Tuesday morning to offer support to the party’s...
GMAZ fails to account for US$27m wheat facility
Almot Maqolo
HARARE – Grain Millers Association of Zimbabwe (GMAZ) had a torrid time in parliament as it failed to provide concrete evidence on how...