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Suspended chief magistrate gets April trial date

A Harare magistrate yesterday set April 9 as the trial date for suspended chief magistrate Mishrod Guvamombe, who was charged earlier this year with criminal abuse of office. Magistrate Lucy Mungwari set the date at a hearing at Rotten Row magistrates’ court where he was represented by his legal counsel Jonathan Samukange. Guvamombe had objected…

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Govt rejects criticism  of slow cyclone response

President Emmerson Mnangagwa’s government — widely condemned for its slow response to Cyclone Idai — said yesterday it had reacted swiftly to the disaster and was on ground to coordinate rescue efforts, with security agencies  busy  trying to open access routes and save the marooned. Information, Publicity and Broadcasting Services deputy minister Energy Mutodi said…

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Corporates mobilise resources

Corporate donations for Cyclone Idai relief funds are flooding in and pledges continue to be made. Listed companies, banks, law firms and private companies are among the prominent corporate donors. Listed companies in Manicaland such as Meikles’s Tanganda Estates and Ariston’s farming plantations in Chipinge and Nyanga lost their crop which was pummelled by Cyclone…

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‘Change course to escape sanctions’

WHILE President Emmerson Mnangagwa, pictured, is using every platform to denounce targeted sanctions imposed on Zimbabwe by the United States and the European Union (EU), analysts contend he must do what is required to have them lifted. They say Harare’s re-engagement with the international community must be predicated on behaviour consistent with international standards. [GoogleAd]…

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. . . as economists plead  case for business

THE latest round of punitive sanctions by United States President Donald Trump will hurt both businesses and ordinary people, economists say. Trump recently shattered all hope for Zimbabwe after he extended sanctions slapped on the southern African country nearly two decades ago by another year. [GoogleAd] Economist Kipson Gundani said while no research has been…

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Hippo Valley share price drags

THE share price of Hippo Valley Estates (Hippo Valley) has been sinking on the Zimbabwe Stock Exchange since February after the escalation of its South African parent company, Tongaat Hulett’s (Tongaat) difficulties. By end of trading last week, shares of the sugar cane growing and milling company had slumped 42,85 percent since the start of…

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Mash Holdings revenue up

MASHONALAND Holdings (Mash Holdings) said revenue was up to $1,68 million during the four months to January 31, 2019, three percent below the budget, attributed to higher occupancy levels at 76 percent. Gibson Mapfidza, the property investment and development firm’s managing director said, the 47 percent increase in operating profit to $1,1 million was recorded…

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Ipec plans capital, risk framework reforms

THE Insurance and Pensions Commission (Ipec) has embarked on a project to review the country’s insurance capital and risk framework with the view of coming up with a better model. Blessmore Kazengura, Ipec’s acting commissioner, said the name Zimbabwe Integrated Capital and Risk Project (Zicarp) project is motivated by the quest to develop a sound…

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Nama people’s choice award race hots up

THE race for the National Arts Merit Awards (Nama) people’s choice gong continues to hot up with artists campaigning for honours. The awards ceremony is on this Saturday at Harare International Conference Centre (HICC) with artists in contest for various awards. [GoogleAd] Contemporary musician Jah Prayzah has openly backed his stablemate ExQ for the gong….

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Cyclone Idai benefit  concert set for this Sunday

TOP gospel musicians have lined up a concert to help the victims of Cyclone Idai in Chimanimani and Chipinge districts of Manicaland. The event is pencilled for Sunday in Harare at a venue to be announced with all the proceeds going to the victims. Janet Manyowa, one of the organisers, said the event is meant…

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