HARARE – I am a die-hard Manchester United fan who looks back at the team’s achievements with a lot of pride and respect for retired former manager Alex Ferguson. My association with United dates back to 1984 when I was in Grade Five at Shiriyedenga Primary School, Glen Norah, Harare. I grew up with the…
HARARE – The Zimbabwe Stock Exchange is pursuing plans to allow listing on the local bourse as part of options to comply with the indigenisation law. Alban Chirume, the bourse’s chief executive, said efforts to engage Indigenisation minister Francis Nhema were already underway. “There is need to interact with the minister to encourage ZSE listing…
HARARE – Lafarge Cement Zimbabwe (Lafarge) says it expects its new composite cement product, SupaSet Portland, to increase total revenue by 10 percent. The Zimbabwe Stock Exchange-listed cement maker recorded a $67,6 million revenue in the year to December 2013, down 3,3 percent from prior year’s $69,9 million. Its chief executive Amal Tantawi said the…
HARARE – The on-going tapering in the United States is likely to have impact on Zimbabwe’s economy, with reduced activity on the country’s stock market, according to Imara Edwards (Imara). In its 2014 outlook for Zimbabwe’s equities market, the investments advisory firm said the tapering will impact southern African nation’s economy in two ways. “Firstly,…
HARARE – Ugly factional fights in Zanu PF have exploded into open warfare particularly in Mashonaland Central province where party officials are engaged in fierce battles that have resulted in alleged assassination plots while rivals are getting each other arrested. With President Robert Mugabe, 90, tiring — hawks in the ruling party are at each…
HARARE – President Robert Mugabe yesterday heaped praise on Tourism minister Walter Mzembi, describing the youthful minister as one of his best lieutenants. Awed by the tourism awards bestowed on the country by the European Council on Tourism and Trade (ECTT), Mugabe, who usually keeps his cards close to his chest, went into overdrive as…
HARARE – President Robert Mugabe might have overstayed in power and his style of leadership might have created enemies within and abroad but his amazing sense of humour will always leave people in stitches. He likes to joke whenever he opens his mouth and yesterday was one of his good days. He left guests in…
HARARE – The number of Vapositori arrested for beating up police officers and journalists last week, is now 28 after one of them was yesterday denied bail. Just like the rest of the Vapositori, who are charged with causing public violence, Ndumiso Moyo, 37, from the Ishamea Mufani-led Johanne Masowe Church, was yesterday denied bail…
HARARE – Roads accidents have claimed 546 lives since January, raising alarm among stakeholders, who yesterday called for harsher penalties on commuter omnibuses. Speaking at nationwide march against road carnage yesterday Ernest Muchena, product development and marketing manager for the Traffic Safety Council of Zimbabwe said 546 people died in 399 fatal accidents countrywide from January…
JOHANNESBURG – Julius Malema says he will not take his son out of an elite private school despite his earlier call on public representatives to use public facilities, amenities and institutions. The Economic Freedom Fighters leader said his child would not attend “dysfunctional and poor” public schools. He also told The Star he would hold…
