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US firm acquires NettCash

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HARARE – United States of America-based cloud platform mobile payments and retail engagement solutions provider, Mozido, has acquired a majority stake in a local mobile wallet company NettCash. Mozido Founder, Michael Liberty, said his company will integrate NettCash’s prepaid electricity solution into its mobile transaction platform services, which will include mobile bill payment, stored value…

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Willdale spurred by firm brick demand

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HARARE – Listed brick-making company, Willdale Limited (Willdale), says demand for bricks has remained firm, despite the tight liquidity conditions currently being experienced in the country, with high levels of individual sales surging. Willdale chairman, Alex Jongwe, said the group recorded a 50 percent surge in volumes in the six months to March 2015, spurred…

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‘Technology advancing financial inclusion in Zim’

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HARARE – The rapid diffusion of mobile phones in Zimbabwe is helping the previously marginalised and unbanked citizens to participate in the country’s economic growth through financial inclusion. According to experts, mobile phones and other information and communication technology gadgets have the potential to promote economic growth because they encourage capital accumulation, improve firms’ productivity,…

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Mujuru resurfaces

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HARARE – A thriller of epic proportions — if the political climate does not turn typically violent and even murderous — is on the cards in the eagerly-anticipated 2018 national elections, after the Zanu PF formation that uses the slogan People First confirmed yesterday that former Vice President Joice Mujuru (pictured) will lead the party….

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Grace in rip-off dinner

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HARARE – First Lady Grace Mugabe’s much-talked about birthday Fundraising Dinner Dance — to be attended by most of Zimbabwe’s well-heeled and who’s who of politics and business — will be held on Saturday. And for the privilege of attending the 50th birthday dinner date with President Robert Mugabe’s controversial but increasingly influential wife, the…

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MPs in near fist-fight in Parly

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HARARE – There was drama in Parliament yesterday as Movement for Democratic Change (MDC) Member of Parliament (proportional representation) Priscilla Misihairabwi-Mushonga almost engaged in a fist-fight with a Zanu PF legislator over alleged “sexual harassment”. Trouble started when Gokwe-Nembudziya MP Justice Mayor Wadyajena inaudibly interjected as Misihairabwi-Mushonga was engaging Finance minister Patrick Chinamasa on the…

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They want me dead: Minister

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HARARE – As the deadly factional and succession fights within President Robert Mugabe’s warring Zanu PF get nastier, minister of State for Mashonaland Central, Martin Dinha, confirmed to the Daily News last night that his political enemies wanted him dead — vowing, however, that he was neither going to resign nor stop supporting the nonagenarian….

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Bid to embarrass Tsvangirai flops

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HARARE – The Messenger of Court yesterday descended on opposition leader Morgan Tsvangirai’s Highlands’ mansion in Harare, seeking unsuccessfully to attach his personal property to offset outstanding salary arrears for some former MDC employees. This left the MDC seething with anger, with Tsvangirai’s spokesperson Luke Tamborinyoka describing the attempt as a politically-loaded move meant to…

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Midzi’s child in legal battle for dad’s estate

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HARARE – Former Zanu PF Harare provincial chairman Amos Midzi’s love child Chido Makazhu, 20, has claimed that she is being deliberately sidelined from her father’s estate. Midzi was found dead on June 9 in his car at his Mnandi Farm in Beatrice. In court records, handwritten agreements with Makazhu indicate that Midzi promised to…

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Soccer star Shereni fails to settle $8k bill

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HARARE – Former Warriors defender Harlington Shereni appeared in court yesterday on allegations of disappearing without settling an $8 000 bill for his failed testimonial match. Shereni was represented by Musindo Hungwe when he appeared before magistrate Nomsa Sabarauta charged with “making off without payment”. The former Warriors player was granted $200 bail and remanded…

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