HARARE – The International Monetary Fund (IMF) this week warned that the country is in a precarious position and this should be a wake-up call to the government, which went into a deep slumber after the controversial election victory last year. For the past few months, we have been telling it like it is, that…
HARARE – Zimbabwe has officially awarded the $1,3 billion Hwange Power Station (HPS) expansion tender to Sino Hydro Corporation (SHC) after cancelling an initial offer to China Machinery and Engineering Company (CMEC). This confirms an earlier report by the Daily News that President Robert Mugabe had given an executive order for the replacement of CMEC…
HARARE – Zimbabwe’s foreign direct investment inflows remain stagnant, with the country receiving $400 million in 2013, unchanged from 2012, the latest United Nations Conference on Trade and Development (Unctad) report says. According to the report, released this week, the $400 million represents just three percent of total FDI into southern Africa last year. This…
HARARE – Most youths will not benefit from government’s Youth Development Fund (YDF) as they do not meet the loan criteria, financial institutions said. The Infrastructure Development Bank of Zimbabwe (IDBZ) and Central African Building Society (Cabs) — the institutions tasked with disbursing the fund — said the youths must improve on their proposals. “Most…
MASVINGO – Controversial Botswana music diva Naledi “Slizer” Kaisara will be the star attraction at a charity concert set for Mucheke Stadium on Saturday that will also feature local crowd pullers Suluman Chimbetu and Mathias Mhere. The high-profile concert, being organised by the Chivi Rural District Council, aims to raise funds to build houses for…
HARARE – Reggae crooner Mike “MicInity” Madamombe will perform at Mutare’s Courtauld Theatre tomorrow night as part of his current nationwide tour. MicInity, who rocked Masvingo early this month, will share the stage with Guspy Warrior, Mutare’s Jusa Mupostori, Appie T, Benji Tee and Digital One Sound International. The Freedom singer, who last performed in…
MAURITIUS – Scores of African journalists and celebrities are in Mauritius to attend a five-day conference put together by Multichoice to showcase the best local and international entertainment content. Dubbed, “Only The Best”, the content extravaganza currently underway at the magnificent Trou Aux Biches Resort & Spa, attracted popular musicians like Mi Casa, Tiwa Savage…
HARARE – Gweru-based sculptor Forbes Mushipe believes his exhibitions at the National Art Galleries in Bulawayo and Harare in August are perfect platforms to showcase the high quality of his creative works. The Zambian-bred artist, who has won three consecutive National Arts Merit Awards (Nama) in the mixed media category, will exhibit in Bulawayo in…
HARARE – Rooftops Promotions, the organisers of the Wene Music Awards, have unveiled 33 categories that will be under consideration in this year’s inaugural edition. The awards, to be presented on October 29, are only for music that was recorded and produced between January 1 last year and June 30 this year. According to a…
HARARE – Zimbabwe yesterday named a fairly decent 26-man squad for the 2015 Rugby World Cup qualifiers which begin at the weekend in Madagascar in a bold team selection which has not been without its critics. Coach Brendan Dawson went for seven uncapped players, quite a huge gamble heading into the three tough tests against…
