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Agric funding drops by 9pc

Zimbabwe Association of Micro Finance Institutions (Zamfi) says agricultural lending for the last quarter of 2018 declined by nine percent on the back of perceived risk in agriculture which was predicted by the Meteorological Services Department during the period. In its macro finance sector performance report released on Monday Zamfi said as at December 31, 2018,…

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Harare records 23pc decline in revenue

Harare recorded a 23 percent decline in revenue collection from the informal sector in 2018. According to the informal sector committee minutes, inadequate funding for the informal sector projects was one of the reasons. The poor revenue collection comes as Harare is now looking for partners to construct adequate structures after removing vendors from the streets….

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Nedbank constructs toilets at Chikurubi Female Prison

Nedbank Zimbabwe recently installed 10 toilet facilities and plumbing infrastructure at Chikurubi Female Prison as part of the leading bank’s corporate social responsibility programme. The bank officially handed over the toilets and a variety of foodstuffs and other essential products such as sanitary pads to the female prison on International Women’s Day. [GoogleAd] Nedbank Zimbabwe executive…

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Quality collaborates with Savanfriq

Budding Zimdancehall chanter Quality Mashasha has collaborated with Afro-fusion group Savanfriq on the single Kumagumo. The single and video is found on YouTube and other social media platforms. [GoogleAd] “This is our first collaboration and we are planning to do more in the near future. After the single, we are now working on the collaboration album,”…

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Mhofu not panicking

Sunday Chidzambwa reckons while injury to Warriors’ Belgium-based midfielder Marvelous Nakamba is a huge blow ahead of their crucial 2019 Africa Cup of Nations (Afcon) qualifier tie against Congo at home later this month, they are, however, not pressing the panic button. Nakamba, who has been one of the key figures for the Warriors in this…

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Mhofu not panicking over Nakamba injury

Sunday Chidzambwa reckons while injury to Warriors’ Belgium-based midfielder Marvelous Nakamba is a huge blow ahead of their crucial 2019 Africa Cup of Nations (Afcon) qualifier tie against Congo at home later this month, they are, however, not pressing the panic button. [GoogleAd] Nakamba, who has been one of the key figures for the Warriors…

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Battle for Egypt 2019 . . . as Zifa woos former captains

The Zimbabwe Football Association (Zifa) is pulling all the stops to ensure the Warriors qualify for the African Cup of Nations (Afcon) finals set for Egypt later this year and have roped in former national team captains in their quest to achieve that goal. [GoogleAd] The association’s new leadership has invited all the former national team…

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All eyes on SA’s Ramaphosa, ED. . . as Harare looks for economic help from Pretoria

With Zimbabwe’s long-running economic challenges stubbornly refusing to go away, all eyes will be on President Emmerson Mnangagwa and South African President Cyril Ramaphosa as the two leaders meet in Harare today — amid local hopes that Pretoria will extend critically-needed financial assistance to Harare. Ramaphosa is formally in Harare to co-chair the third session of…

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Bulawayo leads in  women abuse cases

As Zimbabwe joined the rest of the world in celebrating the International Women’s Day last week, local gender rights advocacy group — Musasa Project — released a damning report in which Bulawayo was fingered as leading in cases of violence and sexual assault against women. So pervasive was gender-based violence (GBV) in Bulawayo and the greater…

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Govt assures pensioners

Government has assured pensioners that they will not lose their savings following the floating of the exchange rate and introduction of the new RTGS dollars as legal tender. Presenting the 2019 Monetary Policy Statement last month, Reserve Bank of Zimbabwe (RBZ) governor John Mangudya said they denominated the existing RTGS balances, bond notes and coins in…

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