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Mugabe continues to defy age

HARARE – Former president Robert Mugabe continues to defy age, telling a British journalist, who is decades younger, that he (Mugabe) looked younger. Mugabe boasted of his “youthfulness” this during an interview with ITV News Africa correspondent John Ray at his Blue Roof mansion, where he opened up for the first time since his removal…

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Ginimbi acquires Range Rover SVR

HARARE – A few days after businesswoman Zodwa Mkandla showed off her new Range Rover 2018, her lover Genius Kadungure — whose fetish for cars cannot be surpassed — has also acquired his, a Range Rover SVR 2018. The competition between the two is stiff. In a video two days ago, in the usual Kadungure…

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Mai Patai bounces back

GWERU – Gweru-based gospel diva Respina “Mai Patai” Patai has bounced back in showbiz with a new studio project titled Punish the Devil after years of keeping a low profile. The album Punish the Devil to be launched on Saturday at Gweru Cathedral Hall will be her first album since 2010 when she released Samulena….

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Mnangagwa’s list of looters deflating

HARARE – President Emmerson Mnangagwa, since assuming office on November 24 last year, has really tried hard to stamp his mark on the country’s politics. He has been consistent in preaching about economic reform, peace and re-opening Zimbabwe’s business to the outside world. It must be said that he has made mistakes too during this…

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Perception is reality

HARARE – Perception is reality, so it is said. What is perceived is regarded as real. In most cases, once a negative perception tag is attached to something or someone, it is extremely difficult to shake off. That’s the crisis for Zimbabwe — a major one, particularly for its new leadership — President Emmerson Mnangagwa…

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Armed police loot diamonds

HARARE – Parliament yesterday heard how heavily armed police officers numbering about 200, in mafia style, stormed the Mbada Diamond fields in Marange and looted gems worth millions of dollars before they broke television monitors and equipment in a raid which left workers fearing for their lives. The raid happened in 2016 as former president…

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Annual inflation rate now 3,52pc

HARARE – Zimbabwe’s annual rate of inflation gained 0,6 percentage points in December 2017 to 3,52 percent in January 2018, latest official data shows, partly driven by the 2018 back to school spending. The Zimbabwe National Statistical Agency (Zimstat) said this means prices, as measured by the all items consumer price index (CPI), increased by…

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Dairibord turns fortunes

HARARE – Dairiboard Zimbabwe Limited (DZL) reported impressive 2017 financials on the back of firm demand across all segments, improved capacity and a more streamlined cost structure after two years of restructuring. The milk processor — which recorded an operating loss of 3,9 million in 2016 — posted an operating profit of $4,058 million in…

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CBZ declares $3,5m dividend

HARARE – CBZ Holdings (CBZ) has declared a $3,5 million dividend for the full year to December 2017, a 10 percent increase on prior comparable period spurred by good performance from all units. CBZ chairperson Noah Matimba said the group — which posted a 17 percent after tax profit to $27,8 million — had also…

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Active mobile subscriptions increase to 14 million

HARARE – The total number of active mobile subscription increased by 2,1 percent to 14 092 104 million for the year to December 31, 2017 from 13 799 648 million recorded during the previous quarter, according the Postal and Telecommunications Regulatory Authority of Zimbabwe’s (Potraz) fourth quarter report. The increase was attributed to a number…

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