HARARE – Zimbabwe focused investment group, Cambria Africa Plc (Cambria), is eyeing regional markets to cushion itself from the economy melt-down in the country, United Kingdom-based independent research company, GECR says. “Cambria is currently in the midst of executing its strategic plan that will see it expand into neighbouring regions, thereby diversifying away from the…
HARARE – The Reserve Bank of Zimbabwe said banks’ lending portfolio continue to be skewed towards consumptive lending at the expense of productive sectors of the economy. In its Banking Sector Report for the quarter ended March 31, 2014, the central bank noted that consumption lending has overtaken productive sector loans since January this year…
HARARE – Following the recent unveiling of award categories by both the revived Zimbabwe Music Awards (Zima) and the newly-created Wene Music Awards, Zimbabwean musicians have every reason to be hopeful that a new positive era is on the brink. Predictably, Zimbabwean musicians will also be hoping that the music awards, both set to take…
HARARE – David Beckham is a world-famous soccer star. Most of us knew of him when he played for Manchester United and Real Madrid. He has made millions of dollars, confirming that there is a lot of money in soccer. In Southern Rhodesia, Freddie Gotora was a celebrated soccer star. As “Dusty King,” he was…
HARARE – Joe Mawuru, who has been leading efforts to revive the popular local soapie Studio 263, says lack of funding has derailed the project. Joe, son to the late founding executive producer of Studio 263 Godwin, early this year announced that the soapie would make a comeback around midyear. But yesterday the junior Mawuru…
HARARE – Reggae star Mike “MicInity” Madamombe says the hurt he has suffered due to the hacking of his official Facebook page has made him more determined to take his music career to a higher level. The Marondera-born musician’s page recently carried a message allegedly posted by hackers in which the reggae star bragged about…
HARARE – National Arts Merit Awards (Nama)-winning writer Wellington Kusema’s old world novel, Dzimbabwedande, has been translated into English. The 348-paged book, first published four years ago by the Heritage Press, was translated by University of Zimbabwe (UZ) lecturer Loveson Tapiwa Gopo. “Old world novels help students to make some comparisons of life issues in…
HARARE – Controversial dancer Beverly Sibanda will share the stage with dancehall star Shinsoman at Palace Night Club tonight. Tomorrow night, Bev will entertain revellers at Machokoto Night Club in Glen View. On Sunday, Bev and Shinsoman will rock Jongwe Corner in Harare’s Hatfield suburb. Jah Prayzah to rock Greencroft Multiple National Arts Merit Award…
BULAWAYO – Students at Bulawayo-based King George VI School and the Centre for Disabled Children have launched a compilation of short stories and poems. The book titled Small Friends and other stories and poems was published by Bulawayo-based Amabooks. It carries 35 short stories and poems all written by children living with disabilities. The launch of…
HARARE – President Robert Mugabe’s financially-strapped government is hiking taxes in a desperate bid to boost public finances, experts said yesterday. They said Zimbabwe needs large-scale budgetary support, a standby budgetary programme and a prolonged surge in foreign direct investment (FDI). The hike in taxes is expected to free up spending to bankroll government workers’…
