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BAT doubles capital expenditure

HARARE – Cigarette maker British American Tobacco Zimbabwe (BAT Zimbabwe) increased its capital expenditure to $2,2 million in the year to December 2014 from $1,2 million prior year. During the period under review, the Zimbabwe Stock Exchange-listed group registered a 256 percent increase in post-tax profit to $13,5 million from $3,8 million. Peter Doona, the…

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‘Zim property market remains attractive’

HARARE – LamudiI, a realtor with operations in 32 countries, says Zimbabwe’s property market remains attractive despite the country’s deteriorating economy. Mustafa Suleimanji, the group’s managing director for Tanzania, Zimbabwe, Zambia and Mozambique, said he views the Zimbabwean market as an important platform for Lamudi’s growth in Africa. He said Zimbabwe is experiencing “increased construction…

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Fuel tax hike rational

HARARE – On January 14, 2015 Finance minister Patrick Chinamasa increased duty on the importation of fuel hardly a week after new Energy minister Samuel Undenge had ordered fuel dealers to reduce the pump price in line with falling world oil prices. Global oil prices had tumbled to a six-year low with brent crude oil…

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Zim bank on Whatmore factor

HAMILTON – Zimbabwe believe the guile of coach Dav Whatmore can help them spring a World Cup upset by beating the West Indies, senior batsman Hamilton Masakadza said yesterday. Zimbabwe head into today’s pivotal Pool B match at Canberra’s Manuka Oval level on points with the unpredictable Caribbean cricketers and responding well to the much-travelled…

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Zim wary of dormant Gayle

HAMILTON – Chris Gayle’s love of late-night loafing – something his social media accounts bear testimony to – have made him cricket’s version of New York: the man who never sleeps. His captain Jason Holder confirmed as much, albeit in a slightly more serious context. “Chris is awake. I can assure you he’s awake. He…

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‘PSL fixtures out this week’

HARARE – The 2015 Castle Premiership fixtures will be unveiled “anytime” this week ahead of the proposed March 7 start to the new season. PSL chief executive officer Kenny Ndebele told the Daily News that they are currently finalising the fixtures programme which will be tabled at the league’s Annual General Meeting (AGM) this weekend….

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DeMbare enter Chitiyo race

HARARE – Dynamos have joined the race to sign star midfielder Ronald Chitiyo on a short-term deal as they hope to bolster their squad for the 2015 season. Chitiyo spent the 2014 season on the books of the Glamour Boys after signing a one-year contract upon his arrival from the now defunct Monomotapa. The midfielder…

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We will improve – Ndiraya

HARARE – Dynamos assistant coach Tonderai Ndiraya says while he is happy with the progress made thus far, he expects his players to improve ahead of the 2015 season. The Glamour Boys lost 6-5 after penalty shoot-out to  bitter rivals CAPS United on Sunday, in a pre-season challenge cup which was organised by the Chinese…

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Northern Region kicks-off in April

HARARE – The World Navi Northern Region Division One League will start on April 4 after all clubs agreed to the date at the league’s Annual General Meeting at the weekend. “All 18 clubs must pay their affiliation fees before the 13th of March, whoever fails to pay their affiliation fees before this date will…

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Boost for Southern Region Division One League

HARARE – Nokel Security Company have partnered Southern Region Division One Soccer league to bankroll the Top Goal Scorer of the Month award in the upcoming 2015 season. The winner of the award will receive $150 each month. Southern Region Division One Soccer League chairman Musa Mandaza showered praise on Nokel Security for their sponsorship….

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