STANBIC Bank (Stanbic) yesterday said it recorded a $39,3 million profit after tax for the year ended December 31, 2018, up from $27,6 million in the prior year. The performance was headlined by 26 percent growth in net interest income up from $55,1 million in the comparative period to $69,7 million as the bank maintained…
© NIGERIAN music star Davido was expected in the country yesterday afternoon for today’s once-off performance at Wingate Golf Club in Pomona, Harare. The Fall hit maker will perform as a supporting act to King98, a local rap musician, who is launching his debut studio album Francesca. [GoogleAd] Apart from the Nigerian musician, the event…
GOVERNMENT issued a chilling warning yesterday, saying it will not allow swelling public anger over the dying economy to grow into anti-government protests, in what betrays the uneasiness in the corridors of power. Home Affairs minister Cain Mathema claimed yesterday that authorities have caught wind of a ploy by Zimbabwe’s civil society, opposition parties and…
MDC cadres who lost the provincial elections about a fortnight ago are pushing for the nullification of the poll result, the Daily News can report. In a letter to the party’s national executive, the losing candidates alleged the just-ended provincial congress was not legally constituted. [GoogleAd] They accuse the presiding officers of disregarding the establishment…
FORMER members of the deposed Generation 40 (G40) faction have secured positions in the opposition MDC party’s Harare provincial executive. G40 is a Zanu PF faction that worked tirelessly to secure former president Robert Mugabe’s political interests before it was vanquished in November 2017 when the military forced the former ruling party strongman to resign….
MDC president Nelson Chamisa will appoint almost half of the party’s leadership after he was given a blank cheque to do so by the party’s national council. Chamisa, who has no challengers for the post of MDC president, will appoint the party’s vice chairperson, deputy secretary-general, deputy treasurer and deputy organising chairperson. [GoogleAd] In a…
THE African Youth Initiative on Climate Change Zimbabwe (AYICC) is planning to set up a fish farming project along one of the streams that feed into Lake Chivero, Harare’s main water source. The planned project will be in collaboration with Kuimba Shiri Bird Park. [GoogleAd] The project intends to set up three fish ponds in…
THE United Nations Children’s Fund (Unicef) said nearly 5,3 million people in Zimbabwe are estimated to be in urgent need of humanitarian assistance and protection during the 2018/2019 lean season (October – April) and beyond. This includes nearly 3,8 million people in rural areas, including 2,9 million who are severely food insecure due to the…
THE Daily News on Sunday Assistant Editor Maxwell Sibanda recently spoke to Dewa Mavhinga, the Southern Africa director in the Africa Division of Human Rights Watch, a global rights watchdog that defends human rights in over 90 countries globally. He speaks about his work and the human rights status of Zimbabwe. Below are excerpts from the interview:-…
former chief Executive officer of the Deposit Protection Corporation John Chikura has been appointed non-executive director of RioZim Limited. In a statement, RioZim said the appointment is with effect from April 23, 2019. Incorporated on August 29, 1956, RioZim was set up initially to develop and mine the Empress Nickel deposit in the Midlands and…
