Tempers rose during an MDC Alliance rally at Chisamba Grounds in Mutare over the weekend when the party’s supporters heckled secretary-general Douglas Mwonzora resulting in president Nelson Chamisa threatening to walk out of the gathering unless Mwonzora was allowed to speak. This was after supporters sympathetic to the youthful leader heckled and booed Mwonzora as…
Command Agriculture programme has saved the country for the past three years as it has become the biggest source of local wheat and maize, Grain Millers Association of Zimbabwe (Gmaz) has said. Speaking in Bulawayo recently at a gala exhibition dinner that was meant to showcase millers’ products and create a platform for engagement and interaction,…
Rurafo Marketing (Private) Limited is in serious breach of international best practices and corporate governance rules after it emerged that the Harare City Council (HCC)’s liquor business is technically operating without a board. Minutes of HCC’s finance and development committee indicate that the company is only operating with three people on its board who do not…
Bindura Nickel Corporation (BNC) says discussions between its ultimate holding company Asa Resource Group (Asa) and a third party relating to the sale of a majority stake in the mining company have been terminated. The company had issued cautionary statements from December last year to mid-February this year advising shareholders that negotiations were in progress….
The Zimbabwe Special Economic Zones (Zimseza) has granted Prospect Lithium Zimbabwe a special economic zone status in a development that will bring into the country US$165 million in foreign direct investment. Zimseza and Prospect Lithium are now working on the modalities to operationalise the zone. [GoogleAd] The project will attract foreign direct investment to the…
The business community here last week hailed government for floating the exchange rate but urged policy-makers to move with haste to fully operationalise the interbank market. Last month, Reserve Bank of Zimbabwe (RBZ) governor John Mangudya liberalised the foreign exchange (forex) market by allowing the RTGS dollar to freely trade with other units making up…
Willdale says its profits in the five months to February are ahead of target despite the current economic crisis. Nyasha Matonda, the company’s chief executive, told shareholders at an annual general meeting that sales volumes in the five-month period were 22 percent and 18 percent below prior year and budget largely as a result of…
CBZ Holdings (CBZ) says it has trained over 3 000 young entrepreneurs in the last three years, as the financial institution moves towards promoting financial inclusion and new startups. Blessing Mudavanhu, the group’s chief executive, on Friday said the country’s largest financial institution was providing a platform for previously unbanked young people to participate in…
Budding songstress Violet Kasinganeti, daughter to former Thomas “Mukanya” Mapfumo’s saxophonist Lorrence ‘‘Captain Loftaz’’ Kasinganeti, is following in her father’s footsteps. Unlike her legendary father, Violet whose stage name is Tasha Kays, has joined the industry as a vocalist. [GoogleAd] The 24-year-old singer is determined to make a name for herself in the music industry…
Nigerian star Davido will grace King98’s debut studio album launch set for May 1 in Harare. King98 who is one of the youngest hip-hop musicians in the country has invited internationally-acclaimed music stars Davido and South Africa’s Nasty C, to spice up his Wingate Golf Club event. [GoogleAd] The studio album is titled Francesca. “We will…
