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We still own Telecel: Vimpelcom

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HARARE – NasdaQ-listed international communications and technology company, VimpelCom, has refuted government claims that it was paid $40 million for its 60 percent stake in Telecel Zimbabwe (Telecel). VimpelCom’s spokesperson Rozzyn Boy told the business Live on Wednesday that the Netherlands-based company still has a presence in Zimbabwe. [GoogleAd] “As of today, VimpelCom and  Global…

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Microfinance loan book up 13pc

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HARARE – Zimbabwe’s microfinance sector is on a growth path after its loan book jumped 13 percent to $225,13 million in the year to December 2015. The Reserve Bank of Zimbabwe (RBZ) said the increase was largely attributed to aggressive growth of loan portfolios, particularly in the areas of asset and agricultural financing. [GoogleAd] This…

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Tuku to ‘crown’ Sam Dondo tonight

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HARARE – Music superstar Oliver Mtukudzi, Dendera star Suluman Chimbetu, Zimdancehall king Winky D and red-hot sungura maestro Alick Macheso will grace the launch of upcoming musician Sam Dondo’s nine-track debut album titled Dyara Minamato at Alexandra Sports Club tonight. Suluman, Jah Prayzah, producer-cum-keyboardist Munyaradzi Viali and highly-rated South Africa-based sound engineer/producer Keith Farquharson all…

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Marc Cayeux’s emotional return

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HARARE – Zimbabwean golfer Marc Cayeux could not contain his emotions after firing a first round two-under-par 70 during the opening round of the Golden Pilsener Zimbabwe Open here yesterday. South Africans Louis de Jager and Mark Murless share a clubhouse lead of seven-under-par 65 after the first 18 holes but the day’s major highlight…

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Mighty Warriors players get $50 each

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HARARE – Welfare problems for Zimbabwe senior women’s national team continue to hog the limelight after the players only received $50 each for qualifying for the 2016 Women’s Africa Cup of Nations finals to be held in Cameroon. The players as of last night were still holed up at the Zifa Village in Mt Hampden…

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Tough draw for Mighty Warriors

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HARARE – The Mighty Warriors were placed in a tough Group F when the draw for the 2016 Olympic Games was conducted in Brazil yesterday. Shadreck Mlauzi would have to contend with women’s football powerhouses Canada, Germany and Australia when the tournament starts on August 3. [GoogleAd] Zimbabwe get their campaign going with a tough…

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Mutare City appoint new coach Shariwa

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MUTARE – After being handed a rude awakening with heavy defeats in their opening two fixtures matches in the 2016 Castle Lager Premiership, debutants Mutare City Rovers have shaken up their technical department. The council-owned side have appointed Taku Shariwa to the post of head coach while Kennedy Kachere had been demoted to the role…

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Advice to the mayor of Harare

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LONDON – I have followed with keen interest the measures that have been taken by the City of Harare to appoint a new Town Clerk. In this article, I weigh in on the debate on whether the city needs an urban planning expert for the post of town clerk. [GoogleAd] The legal process of the…

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Mugabe treads carefully as heroines are buried

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HARARE – President Robert Mugabe steered clear of heavy politics, and delivered one of his least controversial speeches in recent times when he spoke at the burial of liberation struggle stalwarts Victoria Chitepo and Vivian Mwashita at the Heroes Acre in Harare yesterday. [GoogleAd] The nonagenarian’s address to the gathered crowd was short and mostly…

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Harare tense as MDC ‘toyi-toyis’

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HARARE – All eyes will be on opposition leader Morgan Tsvangirai (pictured)and the MDC as they mount what they say will be the “mother of all mass demonstrations” against President Robert Mugabe and Zanu PF’s failed stewardship of the country and its dying economy in Harare today. [GoogleAd] Observers told the Daily News yesterday that…

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