RIO DE JANEIRO – Brazilian police have arrested the chief executive of a Fifa partner company as part of investigations into the illegal sale of World Cup tickets. Ray Whelan from Match Hospitality was held at the Rio de Janeiro hotel where officials from the world’s football governing body were also staying. He was freed…
LONDON – Last week, Members of Parliament were moaning about non-payment of allowances. “We are so poor, it is embarrassing”, was the headline to the story. The MPs want the government to put money into the Community Development Fund (CDF); they are being forced to live on corrupt activities, they say. Like every “worker” —…
HARARE – Under the existing law, the National Railways of Zimbabwe (NRZ) is the primary authority on railways in Zimbabwe. At a time when the NRZ is posting $4 million losses monthly, the pathetic sums of public money being expended on the railways is simply unacceptable. The NRZ has been at sea and unable to…
EDITOR – Harare’s streets have become so dirty that it boggles the mind how the city fathers still call it the Sunshine City. There is filth wherever you go, something we were not used to in the olden days. Is it that the city council does not have resources to fund refuse collection? Maybe there…
HARARE – Reserve Bank of Zimbabwe (RBZ) says it will continue monitoring bank charges in an effort to protect depositors and promoting financial inclusion in the economy. John Mangudya, the central bank chief last week told Parliament that RBZ would engage the Bankers Association of Zimbabwe (Baz) consistently to ensure that financial institutions do not…
HARARE – The Zimbabwe Mining Development Corporation (ZMDC) is seeking $30 million to resuscitate its gold mining operations. Wilson Chinzou, the ZMDC acting-general manager told the Mines and Energy parliamentary portfolio committee yesterday that the company’s priority was Sabi Gold Mine (Sabi) in Zvishavane — which is currently technically insolvent and requires $15 million working…
HARARE – Zimre Holdings Limited (Zimre) will leverage its real estate, within and outside the group’s portfolio to meet underwriting capacity. Benjamin Kumalo, Zimre chairperson last week said the group would also dispose its non-core assets and non performing investment. “Among others, we intend to leverage our real estate… we have got substantial assets as…
HARARE – All cheap tickets to nine-time Grammy Award winner and multi-platinum selling crooner John Legend’s Harare show have been sold out, following overwhelming demand from his fan base here. This will be the singer/songwriter’s first stop in Zimbabwe, and the neo-soul vocalist is keen to connect with his Zimbabwean supporters, organisers said. The first…
HARARE – Two popular Botswana artistes Slizer and Charma Gal are set to clash in Zimbabwe for the first time next month. Slizer’s manager Gift Petros confirmed the development, saying Slizer is coming for a month’s tour in August where she will market her latest album Bazooka and a DVD, while the Chika singer is…
HARARE – Zimbabwe Music Rights Association (Zimura) has said two new local radio stations are showing goodwill in their payment of royalties to artistes even under tough economic times. Zimura’s finance officer William Nanaire said Star FM and ZiFM were trying their best to meet their end of the bargain. “The new stations have been…
