HARARE – Zimbabwe’s largest platinum producer, Zimplats, has recorded a $16,1 million profit in the half year to December 2016 compared to a loss of $0,6 million registered in the previous corresponding period. The group’s chief executive, Alex Mhembere, last week attributed the record profits to a $6,6 million export incentive and the reversal of…
HARARE – South African supermarket retail chain, Pick n Pay, has completed a $25 million refurbishment exercise at its Borrowdale unit. The revamp is part of the group’s refurbishment programme, which aims to spruce up six more stores across Zimbabwe using the same format, mainly in larger supermarkets. Pick n Pay has a 49 percent…
HARARE – Globe-trotting Mokoomba and acclaimed mbira artiste Hope Masike will headline the two-day Harare International Women’s Day Festival and Concert (Hiwdfest) which will kick off at Rainbow Towers on Friday. The star-studded event will also feature rising songstress Tamy, celebrated female bassist Edith WeUtonga, Diana Samkange, Myrah Dube, Chipawo and Massa. According to Hiwdfest…
HARARE – CAPS United striker Leonard Tsipa reminded his side of what they could be missing in their Caf Champions League campaign after his brace sent Dynamos out of the ZNA Charities Commander Shield here yesterday. However, the Green Machine will have to wait a little longer to find out which side they will play…
LONDON – Nokia’s 3310 phone has been relaunched nearly 17 years after its debut. Many consider the original handset iconic because of its popularity and sturdiness. More than 126 million were produced before it was phased out in 2005. The revamped version will be sold under licence by the Finnish start-up HMD Global, which also…
HARARE – Despite the frenzied speculation within President Robert Mugabe’s warring Zanu PF that Vice President Emmerson Mnangagwa’s mooted presidential aspirations are now dead in the water, former ruling party spokesperson and Cabinet minister, Rugare Gumbo, says the Midlands godfather “may be down but definitely not out”. Speaking to the Daily News On Sunday in…
HARARE – Since adoption of the multi-currency regime in 2009, following a multi-billion percent inflationary meltdown caused by rampant money-printing, spawning critical cash shortages — debate has been raging on whether to adopt the rand or not. Discussions on this will certainly gain renewed currency after President Robert Mugabe last week hinted that Zimbabwe should…
HARARE – Tariro Zhangazha is at corner Leopold Takawira and Nelson Mandela in the Harare city centre selling bow ties when a riot police truck arrives at the scene and the officers begin to round up vendors. Her one-and-a-half-year-old baby is in a cardboard box. When she spots one of the police officers charging for…
MATOBO – President Robert Mugabe yesterday railed against unnamed Zanu PF elements whom he claimed were formenting party divisions and plotting to dethrone him from power. Addressing thousands at his belated birthday celebrations in Matabeleland South’s Matobo District, the weary 93-year-old also said the warring ruling party could stage an extraordinary congress to choose his…
MATOBO – President Robert Mugabe yesterday basked in reverence as his wife, Grace, heaped praises on the nonagenarian while he was feted with giant cakes at a colourful feast to mark his 93rd birthday. Mugabe — who was born on February 21, 1924 — was showered with praises not only by his wife, but by…
