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Big field for IIZ golf day

HARARE – An array of golfers will converge at Chapman Golf Club today to battle for honours at the Insurance Institute of Zimbabwe (IIZ) annual corporate golf day. The individual stableford scoring event, will host golfer from various firms. “Golf really is a networking event. The economy at the moment is not where we would…

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Zim cricket doomed

HARARE – Experience counts for nothing when you continuously do the wrong things over and over again. This is exactly the problem with the Zimbabwe cricket national team which was put to the sword by the touring India side during the just-ended Killer Cup ODI series at Harare Sports Club. Zimbabwe came into the series…

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Telecel misses on $1bn Erickson deal

HARARE – Zimbabwe’s third largest telecommunication company, Telecel, has missed out on a $1 billion software deal between its parent company VimpelCom and Erickson. The deal encompasses a complete overhaul of VimpelCom’s information technology infrastructure across 11 countries on a scale that is the largest and most ambitious in the telecommunication industry’s history. “This marks…

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CBZ targets SMEs

HARARE – Zimbabwe’s largest financial services group by asset base, CBZ Holdings, has advised the small to medium enterprises (SME’s) to make their businesses attractive to investors. “The SME sector represents a substantial portion of all economic activity in the country,” CBZ Bank head of SMEs Lawrence Chidembo said but added that the industry lacked…

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Mugabe is to blame

HARARE – In recent weeks, Zimbabweans have witnessed a sad and grim experience of human trafficking. Dozens of Zimbabwean girls and women — weary of the country’s endless woes — returned home in tears after promises of a better life in Kuwait turned out to be a painful and miserable ordeal. These women and girls…

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Tanzania ‘cuts off 630,000’ fake phones

DAR ES SALAAM – About 630,000 counterfeit mobile phones have so far been disconnected in Tanzania, the telecom authority says. A government ban on using fake phones came into force at midnight, causing communication difficulties for those who owned them. Tanzania joined Cameroon, South Africa and Nigeria in efforts to boost security and health measures…

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Mujuru lays into Mugabe

HARARE – Former Vice President and now Zimbabwe People First (ZPF) leader, Joice Mujuru, yesterday launched a blistering attack on President Robert Mugabe — describing the Zanu PF strongman’s recent rant against war veterans, that invoked ugly memories of Gukurahundi, as “reckless”. The popular widow of the late liberation struggle icon, General Solomon Mujuru, also…

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Mujuru is senior to Mugabe — Mavhaire

HARARE – Zimbabwe People First (ZPF) elder Dzikamai Mavhaire has said Joice Mujuru joined the liberation struggle against minority white rule at least four years earlier than President Robert Mugabe. Addressing thousands of people at a rally held at Mawungwa Business Centre near Mpandawana in Gutu, Mavhaire blasted Mugabe for surreptitiously anointing himself life president….

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Zim bourse hits seven-year low

HARARE – As the country’s economy continues to die, the Zimbabwe Stock Exchange (ZSE) hit a seven-year low on Wednesday, as foreign investors flee the market as if it’s infected with the deadly Ebola virus. Although the ZSE once ranked among the biggest and best performing bourses in Africa, investors have known nothing but pain…

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Zim economy in a deep hole: US envoy

HARARE – Zimbabwe’s economy, already at its lowest in decades, will get worse before it gets better, with the US envoy saying it will take time before liberalising reforms turn net positive, and Harare needs to bite more such bullets for a sustainable turnaround. American envoy Harry Thomas Jnr urged the government to stop blaming…

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