JOHANNESBURG – The retail price of 95-grade petrol in South Africa will drop by 5 cents a litre from next Wednesday, while wholesale diesel will decrease by 1 percent, the Department of Energy said on Friday. Petrol will cost 13.61 rand a litre while the wholesale diesel price will be set at 12.46 rand in…
HARARE – With only seven matches left before the Castle Premiership season comes to an end, reigning champions Dynamos face relegation-threatened Shabanie Mine on Sunday hoping to consolidate their position at the summit. While DeMbare have maintained their two-point lead at the top, Calisto Pasuwa’s men have been unable to stretch their advantage over second-placed…
BULAWAYO – The Sixth African Union Sports Council (AUSC) Region Five Youth Games will change the face of Bulawayo, according to an AUSC official. Speaking after a tour of the facilities to be used for the games, AUSC secretary-general Mvuzo Mbebe said he was impressed with the renovations being done at all the venues. The…
HARARE – Zimbabwe A are currently doing battle in Bangladesh, and as expected, it has been one way traffic with the Bangladeshi spinners dictating terms. The worrying aspect is that up to now, only three players have shown any sort of backbone in what has been an absolute nightmare tour for our second-string team. Vusi…
HARARE – Bands representing Zimbabwe’s 10 provinces will battle it out tomorrow at the Glamis Arena for the $5 000 first prize in the Chibuku Road to Fame competition. The prestigious music competition is organised by the National Arts Council of Zimbabwe under a sponsorship package availed by Delta Beverages through their Chibuku brand. The…
HARARE – Almost all countries claiming to be “squeaky clean” democracies have periods during which they seem to be obsessed with an “impunity craze”. In our case, the attachment to a real obsession with democracy could be what some critics might call “a sometime thing”. Zanu PF could pander to the essential tenets of democracy,…
HARARE – The 2014/2015 farming season is already upon us and this year, like in previous years, the country is not adequately prepared for summer cropping. Zimbabwe’s agriculture production has been declining since the demise of commercial farming in the country precipitated by the chaotic land reform programme instigated by the Zanu PF-led government at…
HARARE – Interfin Financial Services has been delisted from the Zimbabwe Stock Exchange (ZSE). The financial group was suspended from the bourse in June last year. This comes as the Reserve Bank of Zimbabwe extended the group’s banking subsidiary Interfin Bank’s curatorship to December this year. Meanwhile, losses continued on the ZSE, with the industrial…
HARARE – Essar Africa Holdings (Essar) owned iron processor NewZim Steel – formerly Zisco Steel – plans to retrench once it resumes operations. The Redcliff-based steel maker, with a 3 000 workforce and has been dormant for more than five years, was acquired by the Indian group in 2011 in a $750 million deal. Abigail…
HARARE – The new special coins set to be introduced by the Reserve Bank of Zimbabwe (RBZ) are not linked to reintroduction of the Zimbabwe Dollar, Finance minister Patrick Chinamsa insists. This comes amid rising suspicion that the coins are part of a scheme to return the local currency, abandoned in 2009 after ravaging hyperinflation….
