HARARE – Flight of hard cash from the economy has remained unabated despite moderation in recent months, amid indications that the cash ratio in the first half was six percentage points lower than the same period last year. Local financial market analysts, Equity Axis (EA), yesterday said Treasury Bills (TB) holdings by commercial banks had…
HARARE – Businessman Shingi Munyeza’s Vinal Investments — which holds several international food outlet franchises, including News Café — is moving to consolidate its operations in light of a deteriorating economic environment. Munyeza — owner of Mugg & Bean, Ocean Basket, Simply Asian and frozen yoghurt serving Smooch franchises in Zimbabwe — on Monday told the…
HARARE – Chisipite Senior School will host this year’s edition of the annual Senior Schools Concert at Celebration Centre in Harare on September 15. The event, which features choirs, musical ensembles and orchestras from leading schools in Harare and elsewhere in the country, has been held at Celebration Centre for the past decade. Chisipite Senior…
HARARE – The first round draw for the 2016 edition of the Chibuku Super Cup was held in the capital yesterday with a number of interesting pairings emerging. Defending champions Harare City were pitted against relegation-threatened Border Strikers with the Sunshine Boys declaring that it would be a tricky encounter for his side. City are…
HARARE – With the Warriors arriving in Conakry only a few hours before Sunday night’s 2017 Africa Cup of Nations qualifier against Guinea, it was always going to be a difficult match for Kalisto Pasuwa’s side. The poor playing surface at Stade 28 Septembre and the hot weather conditions also made life difficult for the…
HARARE – Warriors captain Willard Katsande has urged the Zimbabwe Football Association (Zifa) to organise more friendly internationals for the side to do well at the 2017 Africa Cup of Nations (Afcon). Katsande was speaking after the Warriors’ 1-0 defeat to Guinea at the Stade 28 Septembre during their final Group L match on Sunday….
HARARE – Amid Zimbabwe’s deepening political and economic rot, which critics blame on President Robert Mugabe and his ruling Zanu PF, opposition leader Morgan Tsvangirai and his erstwhile lieutenant Tendai Biti continue to reach out to each other “in the interest of the country” — as the eagerly-anticipated 2018 national elections beckon. It emerged yesterday…
BULAWAYO – Higher and Tertiary Education minister Jonathan Moyo has declared that the ruling Zanu PF government will not consider the electoral reforms that opposition parties are clamouring for as that would be tantamount to “reforming ourselves out of power”. Moyo told journalists here on Friday last week that the mooted move by the opposition…
HARARE – War Veterans’ leaders who are being charged for insulting President Robert Mugabe yesterday distanced themselves from a communiqué forming the basis of their allegations and charged at the State for infringing on their constitutional rights during detention. Zimbabwe National Liberation War Veterans Association (ZNLWVA) spokesperson Douglas Mahiya, Victor Matemandada (secretary-general), Francis Nhando (political…
HARARE – Radical pressure groups which had promised to swamp the streets of Harare yesterday staging fresh demonstrations, bamboozled heavily-armed riot police when they abandoned toyi-toying and elected to address desperate Zimbabweans who were queuing for cash at different banks in the capital. Police had come out in full force ostensibly to deal with protesters…
