HARARE – Zimbabwe’s largest platinum producer, Zimplats, has commenced work to refurbish a base metal refinery (BMR) in line with government’s policy on beneficiation. Muchadeyi Masunda, the group’s chairman, on Friday said the procurement of long lead items for the BMR as well as mass balancing and capacity confirmation on the preferred flow sheet have…
HARARE – Zimbabwe Stock Exchange-listed NMB Holdings (NMB) profit in the half year to June plummeted by 50 percent from $2,6 million recorded last year to $1,3 million. In a statement accompanying the group’s condensed unaudited financial results for the period under review, NMB chairman Tendayi Mundawarara said the latest results were an improvement on…
JINAN – I’ve eaten some unusual things on the road. There were salted Mopani worms in Botswana at the hotel buffet (black and squishy); sun-dried nsenene grasshoppers in Uganda (yellow and juicy); whole roasted goat in the desert in Mauritania (delicious), and chicken head and feet soup in Beijing (only unusual if you are not…
HARARE – Metbank Limited (Metbank) Group chairperson Wilson Manase last week said it was seeking to raise $100 million in an effort to recapitalise the financial institution and meet the minimum capital requirements set the by Reserve Bank of Zimbabwe. Manase said plans are currently underway to ensure that the funds are realised before the…
HARARE – Investments group TA Holdings Limited (TA) is expecting a viable Sable Chemicals electricity tariff to be finalised during the second half of the year as it seeks to minimise losses by the fertiliser manufacturing unit. In its unaudited statement for the half year to June 2014, the group says while significant progress has…
HARARE – Alick Macheso, the Red Cross Humanitarian Ambassador, was mobbed by ecstatic fans on Wednesday when he visited the Harare Agricultural Show. The celebrated sungura icon had visited Zimbabwe’s biggest agricultural show in fulfilment of his ambassadorial role for Red Cross. Fans could not hide their joy as they jostled to shake hands with…
HARARE – Music piracy took centre stage at the launch of Charles and Olivia Charamba’s new album WeNazareta last week after Information Communication Technology, Postal and Courier Services minister Webster Shamu called on the country’s churches to pray against the scourge. Shamu, who was the guest of honour, admitted that the authorities had lost the…
BULAWAYO – Intwasa Arts Festival, which will take place in the City of Kings from September 23 to 27, will be spread over six venues. Festival director Raisedon Baya told the Daily News the venues for the decade-old event will be the City Hall Car Park, National Art Gallery, Bulawayo Theatre, Bulawayo Rainbow Hotel, The…
HARARE – Divine Assignments, who successfully staged a “Shutdown Gig” to celebrate the end of this year’s edition of the Harare Agricultural Show, will hold The October Beer Festival at The Guard Alert Training Grounds near the Rainbow Towers. Biggie Chinoperekwei, Divine Assignments director, told the Daily News yesterday that the two-day event “will be…
HARARE – Recent developments within Zanu PF where party members jostling for power ahead of an elective congress in December are now claiming they are being victimised for supporting the First Lady Grace Mugabe’s candidature are nothing new. The manner in which warring factions are dragging Grace’s name in pursuing their selfish agendas shows a…
