HARARE – Zimbabwe Stock Exchange-listed National Tyre Services (NTS) is recruiting a managing director to replace Kennedy Mandevani who resigned last month. Mandevani resigned in August following the company’s 56th Annual General Meeting which was held on August 29. Mandevani had served as NTS managing director from 2009. NTS specialises in the reprocessing and retailing…
MUTARE – A Nyanga man who was due for release from prison has had his stay in jail extended so as to face trial for helping a fellow inmate escape using his particulars. Blessing Ganje, 29, from Mambemba Village under Chief Hata in Nyanga denied the charges when he appeared before magistrate Perseverance Makala. He…
HARARE – The Zimbabwe Stock Exchange (ZSE) slipped into the red unperturbed by the excitement showing across markets on the appointment of new treasury chief, Mthuli Ncube, it has emerged. Slipping into the red in Monday’s session, the market opened the week on a low note as heavies dragged the indices southwards as the mainstream…
HARARE – A new food processing company has launched an assortment of condiments which will soon hit the supermarket shelves. The Harare-based company, Simplitude PVT LTD, has introduced an array of products under the brand name, Easy Peasy. The products include a range of pre-prepared chopped, sliced and ready-to-go cooking ingredients. Chipo Ruhukwa, the company’s…
HARARE – Zora musician Leonard “Karikoga” Zhakata and his Zimbabwe All Stars will perform at City Sports Bar in the capital tomorrow. Tonight, he will be in Chitungwiza at Tanza Centre near Aquatic Complex. Band manager, Ben Zhakata has promised a great show. “The band is in form, and fans should expect fireworks at this…
HARARE – Zimbabwe Stock Exchange (ZSE) recorded significant gains towards the end of last week buoyed by block trades in financial institutions Barclays and CBZ Holdings (CBZ) shares. The local bourse, which survived a mid-week slump as it powered to gains in all the major market benchmarks by the end of week ahead of the…
HARARE – Liquid Telecom Zimbabwe (Liquid) says it has connected 39 000 houses in the country with fibre since launching the programme five years ago. Demand for telecommunications services has been growing in Zimbabwe, where data-based products have evolved into the biggest form of communication ahead of voice. “The company was the first to launch…
HARARE – Treasury is set to splash over $20 million on top of the range vehicles for Members of Parliament and Senators in the ninth Parliament. This is at a time when government is struggling to mobilise resources to contain a cholera outbreak that has since been declared a national disaster. [Adz] [GoogleAd]
HARARE – A root and branch shake-up looms in government as President Emmerson Mnangagwa, continues to take bold steps to boost public and investor confidence in his administration, while also consolidating his hold on power. The Daily News is reliably informed that the dreaded axe is hovering over the heads of a number of permanent…
HARARE – Bread supplies have declined drastically — giving rise to shortages — as bakers grapple with bottlenecks in the availability of flour. A survey by the Daily News yesterday showed that some retail outlets were running out of bread, as volumes have significantly dwindled. This follows recent warnings by the Grain Millers Association of…
