HARARE – Warriors coach Calisto Pasuwa has expelled defender Ocean Mushure from the team’s camp after the reigning Castle Lager first runner-up failed to turn up for training in time. The Warriors trooped into camp on Sunday to begin preparations for the African Nations Championship (Chan) to be held in Rwanda next year. And with…
HARARE – Sungura icon Alick Macheso is doubtful that he will be able to release his first album since 2012 before the Christmas holidays. Despite persistent media reports suggesting the imminent release of Macheso’s long-awaited album, the sungura kingpin told the Daily News at his offices at Chitungwiza Aquatic Complex that the album is still…
HARARE – Former Miss Zimbabwe Tendai Hunda has made a strong start in the preliminary stages of the Miss Intercontinental pageant taking place in Magdeburg, East Germany. At the time of going to print yesterday, Hunda was on position six out of 63 models after landing an impressive haul of 2278 votes making her a…
BULAWAYO – High-riding rapper Cal_Vin says the three Zim Hip-hop Awards he won recently will not delude him into believing that he has reached the pinnacle. The Luveve-bred star, who scooped the Best Album of the Year, the Male Rapper of the Year and Song of the Year after being nominated a mammoth eight times,…
HARARE – Zimbabwe must improve its business environment in order to attract more foreign direct investments (FDI) into the country and ensure economic and sustainable development, an investment authority top executive has said. The Zimbabwe Investment Authority (Zia) chairman, Nigel Chanakira, last week told delegates attending a 2015 business conference — organised by the Zimbabwe…
HARARE – Private equity, investment and advisory firm, Brainworks Capital (Brainworks) says it has upped its stake in Dawn Properties Limited (Dawn) from 47,45 percent to 66,7 percent after the group made a mandatory offer to compulsorily buy out minorities. This comes as Brainworks, which wanted to complete a total takeover of the Zimbabwe Stock…
HARARE – Ecobank Zimbabwe’s parent company, Ecobank Transnational Incorporated (Ecobank), says its profit in the nine months to September 2015 declined by five percent to $306 million due to adverse currency movements, operational and impairment losses. In the period under review, the Pan African banking group’s profit before tax stood at $398 million down two…
HARARE – Zimbabwe’s total export receipts for the eleven months to November 2015 stood at $2,2 billion with gold exports accounting for 24 percent of the earnings at $503 million, it has emerged. Data from the Zimbabwe National Statistics Agency (Zimstat) indicates that the yellow metal is currently dominating the country’s exports, overtaking tobacco which…
HARARE – Public Service minister Priscah Mupfumira’s admission that Zimbabwe currently has no money to pay its employees’ bonuses shows that government is not being practical in handling the issue. In April, Finance minister Patrick Chinamasa announced that government had no capacity to pay its employees their traditional 13th cheque, only for his boss President…
HARARE – With embattled Vice President Emmerson Mnangagwa struggling to live up to the popular caricature of his nickname, that of a ruthless crocodile, in Zanu PF’s seemingly-unstoppable factional and succession wars, his supporters are being pummelled left, right and centre by their marauding party foes. Just like what happened a decade ago when many…
