HARARE – Atlas Mara Co-Nvest Limited (Atlas Mara) says it has completed the acquisitions of ABC Holdings Limited (BancABC) and ADC African Development Corporation AG (ADC). “With the successful completion of these acquisitions, Atlas Mara is now a fully operational entity and able to continue to execute its strategy of becoming Sub-Saharan Africa’s premier financial…
HARARE – Farmer organisations say they are prepared to negotiate with private grain dealers concerning the $390 per tonne minimum maize and soya bean price set by government. This comes after the Grain Millers Association of Zimbabwe (GMAZ) last week sued government for setting grain and soya purchase prices because it says the State’s policy…
HARARE – AIM-listed miner African Consolidated Resources (ACR) has agreed with Falcon Gold Zimbabwe Limited (Falgold) to further extend the date for payment of the outstanding amount for the purchase of Dalny Mine and associated infrastructure to October. Following Falgold shareholders’ approval of the $7,5 million acquisition deal earlier this month, ACR and Falgold agreed…
HARARE – Young “Igwe” Peter Moyo says he will never be a clone of his father and music superstar, Tongai who passed away on October 15 three years ago. The young musician, who will celebrate his 25th birthday in bashes set for today and tomorrow, told the Daily News that it has never been his…
LONDON – Memory Mbewe, whose blog Fashion diary of a chic wife has become popular among Zimbabwean women, recently used this column to explain why women must not “downgrade’’ fashion-wise once they get married. In this instalment, Mbewe gives us an insight into how to make fashion choices by unpacking fashion trends. Below are her…
KERALA – Authorities in the southern Indian state of Kerala have outlined plans to ban the sale and consumption of alcohol to tackle the state’s drink problem. The first phase of the ban would see more than 700 bars and as well as some shops selling alcohol shut down, with more alcohol-free days introduced. The…
KAMPALA – The Ugandan army has said it plans to take over the country’s Miss Uganda beauty contest, it appears. Kampala’s presidential adviser on the military Gen Caleb Akandwanaho – who is widely known as Salim Saleh – says the move is intended to “attract young people into the agricultural sector”, adding that it may…
HARARE – Music promoter Josh Hozheri has vowed to fight for his auctioned home. Hozheri says he will try to reverse the sale of his home in the northern suburb of Bluffhill, Harare. His house was foreclosed over unpaid interests on a $77 000 bank loan last week. Hozheri, a pub owner who also runs…
HARARE – Beverly “Bev” Sibanda, the newly-appointed Msasa Bricks brand ambassador, says her debut album Tapinda will win a Zimbabwe Music Award (Zima) award and prove her doubters wrong. Bev is confident that she will be among award recipients on October 4 at the Rainbow Towers in Harare when the revived Zimbabwe Music Awards (Zima),…
HARARE – Sounds of Universe, the band that was scheduled to represent Bulawayo Metropolitan Province at this year’s Chibuku Road to Fame national finals set for September 27, has been disqualified “due to an act of misconduct.” The barring of Sounds of Universe was announced by the National Arts Council of Zimbabwe (Nacz) in a…
