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Masimba’s $100m dream

HARARE – Masimba Holdings one of Zimbabwe’s leading construction company, is targeting to become a $100 million business in the short-to-medium-term buoyed by increased sector activity. Canada Malunga, the group’s chief executive, said prospects of the industry are bright and the company has a firm order book spanning to 2019. “The growth trajectory we started…

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NPS transactions hit $3bn

HARARE – Transactions processed through the National Payment System hit $3,16 billion for the week ending August 31, due to an increase in Real Time Gross Settlement, latest data show. According to the Reserve Bank of Zimbabwe (RBZ), the value of transactions processed through the RTGS system increased by 16,1 percent, to close the week…

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$30m unclaimed pensions

HARARE – About $30 million is lying idle in unclaimed pensions as close to 50 000 pensioners have not been collecting their monthly pension pay-outs, an Insurance and Pensions Commission (Ipec) official has said. Ipec public relations officer Lloyd Gumbo last week said the insurance sector regulator was now working on publishing a list of…

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Zim to introduce new pension reforms

HARARE – Zimbabwe is set to introduce a raft of measures aimed at improving the country’s pension industry in line with international standards in the next few month, the sector’s regulator has said. This comes as the country’s pension industry is in dire straits emanating from low confidence after the multiple-currency system in 2009 saw…

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Ammara faces daunting task

HARARE – It’s every musician’s wish to fill-up the giant Harare International Conference Centre (HICC) and songstress Ammara Brown has roped in the services of Nigerian star Mr Eazi to accomplish this task on September 28. Jah Prayzah, Winky D and gospel diva Shingisai Suluma have all done it before and now all eyes are…

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DJ Tira comes to Harare

HARARE – Top South African entertainer DJ Tira is headed for the country with a special performance scheduled for Club Sankayi in the capital this Friday. Real name Mthokozi Khathi, DJ Tira is famous for several house music hits in partnership with a number of South African groups including Big Nuz and Distraction Boyz and…

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I’m not a spent force: Dougie Chimbetu

HARARE – Dendera musician Douglas Chimbetu has denied that he is now a spent force, insisting that he is still in the game. He, however, apportioned the blame to promoters for not marketing the shows he is staging enough hence giving speculation that he has hit hard times and has shelved shows. “I’m still in…

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Scores of artistes grace Zimura workshop

HARARE – Scores of artistes gathered in Harare on Friday to celebrate The African Copyright and Collective Management Day, courtesy of the Zimbabwe Music Rights Association (Zimura) in conjunction with arts promotions organisation, Devine Assignments. The African Copyright and Collective Management Day (ACCMD) was established in November 2017 by the Confederation of International Societies of…

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MP partners Olinda, Tytan in cholera fight

HARARE – Glen View South MDC Alliance MP Vimbayi Tsvangirai-Java has partnered musician Njabulo Nkomo aka Tytan and his wife Olinda Chapel in a cholera awareness campaign, as the parliamentarian seeks to conscientise members of the public on the epidemic that has claimed the lives of at least 30 people. Tsvangirai-Java, who is daughter to…

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MDC plans to embarrass ED

HARARE – Opposition legislators are planning to humiliate President Emmerson Mnangagwa when he presents his State of the Nation Address (Sona) in Parliament today — as the Nelson Chamisa-led MDC Alliance continues to refuse to accept his July 30 poll victory. This comes as opposition MPs also heckled and jeered Chief Justice Luke Malaba and…

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