HARARE – Zimbabwe Stock Exchange- listed financial services group, First Mutual Holdings Limited (FMHL), has launched a bid to buy all outstanding shares held by minority shareholders in NicozDiamond Insurance Limited. FMHL last year acquired 80,92 percent of NicozDiamond issued shares and now seeks to buy the remaining 19,08 percent shareholding held by the minority….
HARARE – Government is setting up a task force to look into tougher piracy laws after celebrated musician Thomas Mapfumo complained that 12 of his albums have been compiled into one compact disc and being sold for $0,50. Mapfumo said this while paying a courtesy call on Arts and Recreation minister Kazembe Kazembe at his…
HARARE – As gospel musician Mathias Mhere tries to move to high-class joints, it seems the ambitious musician still has a lot to do for him to penetrate affluent markets if his recent album launch is anything to go by. For the second time, Mhere failed to fill up even half of the 800-seater 7…
HARARE – A field of 10 top-rated horses will line up at Borrowdale Racecourse’s starting stalls next month bidding to claim Africa’s oldest sponsored race — the Castle Tankard whose stake has been set at $50 000. The country’s only Grade One race will sadly not feature any locally-bred horses due to the high cost…
HARARE – Cricket South Africa (CSA) yesterday announced another bumper programme of home international fixtures for the 2018-19 season against Zimbabwe, Pakistan and Sri Lanka. The international seasons starts with three-match series against Zimbabwe in both white ball formats from the end of September to the middle of October. Pakistan are then the guests for…
HARARE – Break-away MDC formation president Thokozani Khupe has lashed out at her political male rivals saying their criticism of the elected leaders of her new formation border on cowardice. Khupe, the newly-elected leader of the latest breakaway MDC faction, has said she has no regrets for cutting ties with Nelson Chamisa, whom she accused…
HARARE – Supporters of President Emmerson Mnangagwa’s nephew, Tongai yesterday staged a demonstration in Harare South after he failed to make it onto the list of candidates selected to contest primary elections to represent the ruling party in the National Assembly polls. On Saturday, Zanu PF secretary for the commissariat Engelbert Rugeje announced the names…
HARARE – The MDC Alliance has kickstarted its bid to reshape the Zimbabwean economy for a post-Zanu PF government, anchored on Transformation, Opportunities and Prosperity (TOP). Former Finance minister Tendai Biti unveiled a blueprint for sweeping reforms of the Zimbabwean economy at an MDC Alliance rally in Chipinge at the weekend, as the opposition front-runner…
HARARE – Relatives of a 22-year-old man have demanded that police thoroughly investigate Chief Musarurwa for shooting him at point-blank range, amid fears there is an attempt to downplay the case in a move that risks sparking a new scandal for the law enforcement agency. The man, who was only identified by his surname Majongwe,…
HARARE – The Harare Municipal Medical Aid Society (HMMAS) is being sued by Met Bank Ltd for failing to repay a loan of $1 million. According to the lawsuit filed by Met Bank, HMMAS failed to pay back $1 037 283, 37 by May last year, in terms of the agreement. “On or about July…
