HARARE – Mbare was crowned King of Dancehall ghetto at a colourful event graced by Jamaican international artiste Sheldon “Turbulence” Campbell held at City Sports Centre in the capital on Friday. The event featured scores of dancehall artistes drawn from more than 20 ghettos who took turns to entertain the packed City Sports Centre. After…
HARARE – Trailblazing Mokoomba warmed up for next week’s Songlines Music Awards 2013 Winners’ Concert where they will be given the Newcomer’s Award with a spellbinding concert at the Book Café on Friday. The Victoria Falls Band will be honoured in London on December 13 for their album Rising Tide along with best artiste winner…
HARARE – Hip-hop star Junior Brown in partnership with his bosom buddy Tehn Diamond has captured the imagination of the nation with several hits that have become firm favourites at parties and on the country’s radio stations. Daily News’ Tarisai Machakaire (TM) recently spoke to the famous rapper on his burgeoning career. Below are excerpts…
HARARE – Zimbabwe’s economy is on the brink. A report by the Confederation of Zimbabwe Industries says capacity utilisation for the manufacturing sector has markedly declined since the July 2013 elections. In 2012 it stood at 44,9 percent and is now down to 39,6 percent. Another report by the National Social Security Authority (Nssa) says…
HARARE – The withdrawal of Trust Bank Corporation’s banking licence is yet another sad story for the fragile sector. On Friday the bank had its licence revoked for corporate malfeasance and undercapitalisation to end any hopes of revival which had been anchored on a deal negotiated by its management. Problems at Trust Bank are symptomatic…
HARARE – Wananchi, there are times that time itself just lands an inexplicable blow to your tender being, it stuns you, it paralyses you, it lives you gasping for the meaning of life. And you then shout, like a drowning man “why, why ,why?” So it was in the evening of December 5 2013, that…
EDITOR — Fraternal greetings and condolences from the Zimbabwe African People’s Union (Zapu) to the African National Congress (ANC) and the people of South Africa on the occasion of the passing away of former president Nelson Rolihlahla Mandela. We learnt of the passing on of Comrade Nelson Mandela with the deepest sorrow and grief. Comrade…
HARARE – Impala Platinum Holdings Limited (Implats)’s local unit, Zimbabwe Platinum Mines (Zimplats), says it will consider offshore loans among a cocktail of measures — together with other platinum group metals (PGMs) producers — to secure funding for a refinery. This comes on the back of escalated pressure by government to have the platinum miners…
HARARE – The European Union (EU) will next year grant Zimbabwe $4,1 million to finance a feasibility study targeted at facilitating revival of its iron and steel industry. The country’s steel industry has been dealt a serious blow following the closure of 17 companies last year while the deteriorating economic climate is further straining the…
HARARE – Government’s decision to take over the Reserve Bank of Zimbabwe (RBZ)’s $1,3 billion debt will hamper the country’s economic revival, a local advisory firm has warned. TFS management company (TFS), a subsidiary of Tetrad Holdings, said the slowdown in the economy reduces government’s sources of revenue thus limiting its ability to service and…
