HARARE – Zimbabwe Musicians Union (Zimu) will join hands with two other musician unions, Tumai and Creative Arts Union, on Friday in a crucial meeting pertaining to royalties. The meeting was precipitated by a spate of paltry royalties offered to their members over the years including in the recent pay out just made in June…
HARARE – The Infrastructural Development Bank of Zimbabwe (IDBZ) yesterday said government has injected an additional $150 million fresh capital into the financial institution. Industry experts said the recapitalisation of State banks is a significant change from the drip-feed approach pursued over the last few years and should help to address the capital shortages that…
HARARE – African Sun says its profit surged 1 536 percent to $3,11 million during the half year ended June 30, 2018 from $191 240 in the same period last year, driven by an increase in tourist arrivals from key source markets. The listed hotels and leisure chain’s revenue was up 29 percent to $27,04…
MUTARE – Zimbabwe Council of Tourism (ZCT) has rebranded to Tourism Business Council of Zimbabwe (TBCZ) as this will help communicate that they are the voice of the businesses in travel and tourism. TBCZ president Tich Hwingwiri who announced the rebranding at a media briefing last Thursday, a week after the organisation’s 30th anniversary, said…
HARARE – American strategist Alan Leeds is in Harare this week to talk to businesses about agile strategy, which helps companies to shift directions when obstacles arise. Kennedy Chikuhwa, a managing consultant with Global Tech Human Capital Corporation which is organising the strategy workshop, said today’s world has become increasingly complex, unpredictable and prone to…
HARARE – Edgars Stores (Edgars) says it is engaged in discussions with an unnamed investor in a deal that may impact value of the company’s shares. Buhlebenkosi Mpofu, the clothing retailer’ company secretary, yesterday advised shareholders in a statement to be cautious on the local stock market when trading Edgars’ shares. “Edgars wishes to advise…
HARARE – Zimdancehall promoters have joined hands to organise a ghetto version of Unplugged so as to afford marginalised ghetto youths a feel of the popular monthly funfair family event. Dubbed the Mwamuka Street Unplugged, the event is scheduled for October 7 in Harare’s oldest suburb of Mbare courtesy of Chipaz Promotions, Chill Spot Recordz,…
HARARE – A busy schedule could be weighing down sungura giant Alick Macheso. This comes after he nose bled on stage at the Clash of Giants gig at Alexandra Sports Club on Saturday. Macheso, 50, briefly adjourned his performance after bleeding, leaving his fans with unanswered questions. Speculation over his health was rife following the…
HARARE – It will take a while yet for the national after effect of the 2018 harmonised election to wear off. Praise singers of Emmerson Mnangagwa will continue justifying his eventual victory while those of the opposition will continue to cast extremely negative aspersions to it. What will, however, be a reality is that Cabinet,…
HARARE – There is consensus among Zimbabweans that the improvement in the country’s economic fortunes will hinge on the Cabinet to be appointed by President Emmerson Mnangagwa. We agree with Zimbabweans from various sectors and from the ruling Zanu PF party itself who believe that only a youthful and energetic Cabinet with the right skills…
