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Shinsoman promises explosive third album

HARARE – Zimdancehall star Shinsoman says his 15-track third album to be released at the end of this month will once again demonstrate his enduring quality. The Tasangana Zvidhakwa singer, who last released an album two years ago, laughed off claims that he is now lagging behind fellow Zimdancehall stars like Killer T, Soul Jah…

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Chitungwiza Harmony Singers win SA competition

HARARE – Chitungwiza Harmony Singers (CHS) choir won the regional finals of the Old Mutual Choir Festival held in Limpopo, South Africa last week. The victory at the regional finals was the fifth for the decorated choir. The Chitungwiza choir won the choral competition in 1999, 2003, 2005 and 2011. CHS marketing manager Peter Thole…

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Limagrain increases stake in SeedCo

HARARE – French seed company Limagrain has increased its stake in Zimbabwe’s largest seed producer, SeedCo, from 15 percent to 30 percent, a top company official has said. SeedCo chairman John Rooney said relations between the two agro-concern companies will see them extending their tentacles into more countries on the African continent. “I am delighted…

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BancABC clinches $300m financing deal

HARARE – BancABC’s parent company, Atlas Mara, has partnered with the United States (US) government’s development finance institution, the Overseas Private Investment Corporation (OPIC), for a $300 million project to finance acquisitions and on-lending across Africa. Under the terms of the agreement, OPIC will provide $200 million in long-term debt and Atlas Mara will provide…

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Insurance sector tipped to grow

HARARE – Zimbabwe’s insurance industry is set to register double digits growth this year — in both the life and non-life sectors — despite deteriorating economic conditions in the country, an international research group has said. Business Monitor International (BMI) in its latest report on Zimbabwe said the life sector will continue to dominate the…

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Battle with vendors far from over

EDITOR — The government and the city councils must not celebrate their eviction of vendors from city centres. Yes the streets are much cleaner but from where I stand the battle over the vending issue if far from over. My point is that as long as the government and the councils do not put the…

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Mugabe call encouraging but…

HARARE – President Robert Mugabe’s encouraging statement on respecting investor rights should not be allowed to stop with the full stop on the paper on which his Heroes Day speech was written on! It’s significant that Mugabe, who is seen as a stumbling block to attracting investment into Zimbabwe, chose a day that he usually…

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‘Horror of 2008 back as economic meltdown accelerates’

HARARE – Analysts say Zimbabwe has once again hit the depths of humanitarian and economic despair that were last experienced in 2008, when the country’s seemingly unending political crisis precipitated an economic meltdown of monumental proportions which culminated in the death of the Zimbabwe dollar and the establishment of the hope-inducing government of national unity….

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Mugabe to surrender SADC chairmanship

HARARE – President Robert Mugabe will hand over the one-year chairmanship of the 15-nation Southern African Development Community (Sadc) to the brash Botswana President Ian Khama next Monday, in a move described by analysts as giving the bloc some long-sought teeth to reject dictatorship, rights abuses and electoral fraud in the sub-region. Regional leaders will…

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$8k fraud case: Shereni granted leave to appeal

HARARE – The Magistrates’ Court has granted former Warriors defender Harlington Shereni leave to appeal in the Constitutional Court (Con-Court) against an $8 000 fraud case. Shereni appealed against a magistrate court’s decision to produce telephone and e-mail conversations that he had with the complainant Rumbidzai Mudenge. Shereni is accused of disappearing without settling an…

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