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Local mobile data tariffs comparable to Sadc regional countries: Potraz

© Zimbabwe’s telecoms regulator has said prices of mobile data here are comparable to those obtaining in other Sadc countries, rubbishing a trending social media article portraying Zimbabwe as the most expensive country in terms of mobile data service, with a reported average price of $75,20 for 1GB. [GoogleAd] The Postal and Telecommunications Regulatory Authority…

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The time for freebies is over

GOVERNMENT has now set in motion plans to compensate nearly 4 000 white former commercial farmers who lost their properties during the chaotic land reforms. President Emmerson Mnangagwa’s administration has said that it will only compensate for land improvements, and not the actual land, which it expropriated in 2000 to correct colonial-era land ownership disparities…

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South Africa’s Zimbabwe dilemma

IT is in South Africa’s interest to see a thriving and stable Zimbabwe. A collapse of its neighbour’s economy would probably see an influx of legal and illegal migrants into South Africa — a situation that could fuel xenophobia and further strain service delivery. Yet there has been a bewildering contrast between South Africa’s messages…

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2009 vs 2019

EDITOR — What is the difference between what happened in 2009 and is happening now? In 2009 when we had the GNU the economy came right in days and US dollars quickly became readily available.  How the rural folk and others not earning a salary survived the transition from no currency to the USD is…

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Road markings need constant maintenance

EDITOR — I often travel to Rusape and have noticed many things wrong with the road and drivers that contribute to the high accident rate on our roads. But which comes first the chicken or the egg? [GoogleAd] Loads of drivers ignore white lines and speed restrictions. I am not blameless. Since the welcome upgrading…

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Rental income drives FMP profits

FIRST Mutual Properties (FMP) says it recorded a $4,05 ,million profit for the year ended December 31, 2018 , which was a 139,57 percent increase on the prior year’s $1,7 million, largely driven by improved occupancy and rental income. “In the face of difficult broader macroeconomic environment, the group still recorded positive results for the…

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Premier terminates Zim acquisition

©  PREMIER African Minerals (Premier) says it has terminated its proposed acquisition of a 50 percent stake of KME Plant and in Honey Badger Resources (HBR) due to ongoing uncertainty over the future of its RHA tungsten mine. [GoogleAd] George Roach, the Aim-listed company’s chief executive, yesterday said the $3,7 million sale ? which was…

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Vaya launches shuttle service to ZITF guests

©  Vaya Mobility service, which is now available in all major Zimbabwean cities and towns, has hit Bulawayo by storm, taking advantage of the Zimbabwe International Trade Fair (ZITF) to launch its new Vaya Shuttle service by offering free rides to exhibitors, business people and professionals travelling to the trade fair by air. [GoogleAd] Throughout…

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Agribank records $12,5m profit

©  AGRIBANK says its profit after tax for the year ended December 31, 2018 grew by 63 percent on the prior period to $12,5 million after a 35 percent growth in non-funded income. The bank’s non-interest income grew by 35 percent from $12,2 million in 2017 to $16,4 million in 2018. [GoogleAd] “Growth in non-interest…

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