HARARE – Shoko Festival, which will be held at Alex Sports Club in Harare’s Milton Park area from September 25 to 28, has put early bird tickets on sale. The tickets can be bought at Alliance Francaise in Harare as well as on www.shokofestival.com and www.webtickets.co.zw. According to a statement released by Shoko Festival, a…
HARARE – An International Monetary Fund (IMF) delegation is expected in Zimbabwe next week to assess the country’s progress on the staff monitored programme (SMP). Finance minister Patrick Chinamasa told Parliament that the team would be in the country from September 17 to October 1, 2014. “As for now, they (IMF) are reasonably happy with…
HARARE – High fuel costs coupled with an ageing aircraft fleet are the major factors weighing down Air Zimbabwe (AirZim)’s revival efforts, the airline’s acting chief executive Edmund Makona told Parliament. He said the challenges made the national carrier uncompetitive. Out of its 10 aircraft, only three are in good working condition, while others are…
HARARE – Insurance firm First Mutual Holdings Limited (FMHL) incurred a $4,1 million loss in the half year to June 2014 compared to a $2,4 million profit after tax realised in prior comparable period. Douglas Hoto, the group’s chief executive, said the depressed performance was largely a result of investment losses, once-off staff rationalisation costs…
HARARE – Recent proclamations of Zimbabwe’s intention to bid for the 2017 Africa Cup of Nations have generated tremendous interest in the country, but left question marks over our preparedness to host African football’s greatest showpiece in two years’ time. Let’s not get too far ahead of ourselves here. Telling ourselves that we can host…
HARARE – With global foreign direct investment topping $1,46 trillion last year, according to United Nations Conference on Trade and Development, Zimbabwe’s share was a meagre $410 million in 2013. Neighbouring Mozambique attracted inflows of $7,1 billion, up 30 percent from the 2012, South Africa being the top recipient, attracting $10,3 billion of $56 billion…
HARARE – President Robert Mugabe’s wife Grace and his deputy Joice Mujuru were yesterday capped with doctorate degrees at the University of Zimbabwe (UZ), as politicians and military officials scramble for academic credentials, and honours. With society and the Zanu PF leader putting special emphasis on education as a springboard for national leadership, Mugabe’s lieutenants,…
LAGOS – A rescue operation was underway in Lagos yesterday after a building linked to a Nigerian preacher’s mega church collapsed, the country’s emergency relief agency said. Several persons were feared dead following the collapse of a building within the premises of the Synagogue Church of All Nations in Ikotun, Lagos. The National Emergency Management…
HARARE – Africa’s biggest reality show, Big Brother Africa (BBA) will be launched on October 5 in Johannesburg where a new venue has been secured to replace the one gutted by fire on September 2. M-Net and Endemol SA, the producers of the show, announced the new development in a statement yesterday. “M-Net and Endemol…
HARARE – Six community-based organisations have received $90 000 grants from the United States of America, that will benefit 36 people living with HIV/Aids. Deputy minister of Tourism, Walter Kanhanga said the grants will go a long way in assisting community-based projects. “Small as they may look, most of our people don’t have income. In…
