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More white Zimbabweans back Zanu PF

HARARE – Feeling isolated over the seizure of their allies’ land and keen to protect their commercial farm properties, some of the few remaining white Zimbabweans are ending years of political apathy and actively supporting President Robert Mugabe’s Zanu PF. The whites, mainly in Mashonaland provinces, are increasingly making a surprise appearance at Zanu PF…

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Tourism tax affects African Sun

HARARE – Zimbabwe’s largest hospitality group African Sun Limited (ASL) says it has recorded an eight percent drop in revenues to $50,15 million in the full year to September 2015 due to a mandatory 15 percent value added tax imposed on the hospitality industry. In the period under review, the group’s average daily rate decreased…

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Fiscal constraints hamper women’s bank

HARARE – The establishment of Zimbabwe’s first Women Micro-Finance Bank (WMFB), which has been on the cards since 2010, continues to be hampered by lack of funding, Finance minister Patrick Chinamasa has said. Presenting his 2016 National Budget this week, Chinamasa said the failure to establish the bank on time had undermined the funding of…

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Mash Holdings revenue down 14 percent

HARARE – Listed property firm, Mashonaland Holdings (Mash Holdings), says its revenue for the year ended September 30, 2015 slumped 14 percent to $5,9 million from $6,8 million on the back of increasing voids and lease reviews in its portfolio. Mash Holdings chairman Ron Mutandagayi yesterday said the group’s total comprehensive loss for the year…

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Econet to assist small businesses

HARARE – Zimbabwe Stock Exchange-listed diversified concern, Econet Wireless, is on a mission to assist local small-to-medium enterprises (SME) to generate more income using its products and services, a top company executive has said. “We want our customers, who are increasingly running their own businesses, to see our network as a partner who will help…

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$20 000 boost for Campfire

HARARE – Delta’s Castle Lager brand has handed $20 000 to the Community Areas Management Programme for Indigenous Resources (Campfire). The money was received by Campfire director Charles Jonga. It is part of Delta’s corporate social responsibility, conducted in the form of a competition. [GoogleAd] Delta Corporation Limited is a leading beverage company, which offers…

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Skyz Metro FM to launch in January

HARARE – Skyz Metro FM, which was licensed in March this year along with seven other radio stations, says it will begin operations in January next year. Qhubani Moyo, the chief executive officer of the newly-licensed radio station, told the Daily News yesterday that the preparations for the launch of the radio station based at…

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Zim artistes off to UK

HARARE – Afro-fusion star Progress Chipfumo and songbird Diana Samkange will lead a group of upcoming local artistes set to tour the United Kingdom next weekend. The tour, being organised by Afrodayz Productionz in conjunction with Bimmaseve and Tafara Care Services, will include Zimdancehall artistes Ras Caleb, Don Gaga, Ninja Lipsy and Drum Dada as…

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ECZ looks to throw out bishops, pastors

HARARE – Evangelic Church of Zimbabwe (ECZ) has filed a High Court application seeking the excommunication of eight of its members, who include a bishop, pastors and other congregants for setting up a parallel church. [GoogleAd] ECZ is seeking the ex-communication of bishop Benson Makichi, pastors Simon Nota, Silas Gweshe, Everson Breakfast, Fredson Gama and…

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Artistes to rock charity gig

HARARE – Several established and upcoming musicians will perform today at Alex Sports Club at a charity event to raise funds for Tichakunda Children’s Home and Yemurai HIV/Aids Support Group. The charity event, that will begin at 11am and will end at 4pm, will feature popular female bassist and singer Edith WeUtonga, DJ Stavo, Diana…

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