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‘The issue of legitimacy cannot be wished away’

FORMER MDC official Eddie Cross portrays the administration of President Emmerson Mnangagwa as an improvement on that of former president Robert Mugabe. [GoogleAd]  He claims that the overthrow of Mugabe was legitimate. It was a “military-assisted transition” and not a coup because the population supported it. It is true that the people supported the ouster…

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Leaders should understand people

EDITOR — Somewhere in the Scriptures there is a part which says even if someone returns to earth from the dead, people would still not believe… or words to that effect.  [GoogleAd] Even if leaders in this country went to places like Mbare, Sakubva, Makokoba, Mbizo, Mtapa or Mucheke, they would not comprehend why citizens…

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Multi-stakeholder approach critical in combating road traffic accidents

EDITOR — The Traffic Safety Council of Zimbabwe (TSCZ) has been fencing farms on the country’s major highways. The initiative if completed as planned is citizen-centric and has a high impact on protecting livestock, reducing related accidents and loss of lives.  [GoogleAd] Sadly, the gains are being reversed through irresponsible behaviour of people in these…

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Metbank profit in massive jump

© METBANK says its after tax profit surged 254 percent to $17 million for the year ended December 31, 2018 compared to $4,8 million in 2017, largely driven by improved non-interest income. [GoogleAd] The financial institution’s non-interest income increased to $47,6 million in the period under review compared to $23 million during prior year while net…

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Zimplats operating costs surge

  ©  ZIMBABWE Platinum Mines (Zimplats) says operating cash cost per platinum ounce increased by four percent to $1 371 in the quarter ended March 31, 2019, resulting in increased total operating costs for the quarter. [GoogleAd] The Australia Stock Exchange-listed platinum producer Zimplats said operating costs for the quarter under review surged six percent…

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RioZim posts US$2,3 million net loss

© RIOZIM says it recorded a net loss of US$2,3 million in the year to December 31, 2018 against a net profit of $8,1 million achieved in the prior year, partly attributable to fixed costs incurred while operations were suspended for the gold business. [GoogleAd] The listed gold miner’s revenue decreased by 15 percent to US$75,4…

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Nissan outlines Zimbabwe  expansion plans

©  JAPANESE multinational automobile manufacturer Nissan says it has plans to increase its presence in Zimbabwe. Jim Dando, the director of sales and operations for Nissan Group of Africa, said Zimbabwe was a key market for the global automaker.   [GoogleAd] “Zimbabwe is a very special market for us, it’s very close to our heart…

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Brainworks expects turnaround in earnings

© MAURITIAN diversified investment holding company Brainworks said on Friday that it expected a turnaround in earnings per share when it reports results for the year to end-December 2018. [GoogleAd] The company, which focuses its investment strategy exclusively on assets and services in Zimbabwe, had been warned by the JSE earlier this month to publish its…

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Dj Fantan Zim’s Sky Juice

©  POPULAR Zimdancehall emcee DJ Fantan is the local version of Jamaica’s selector Big Belly Sky Juice, who is famous for going topless on stage. [GoogleAd] Fantan has been subjected to social media attacks and he says he is not bothered as being topless while performing on stage has become his trademark. Sky Juice is…

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Beer prices suffocate showbiz

©  IT’S business unusual in the local showbiz industry! The skyrocketing prices of beer, mainly caused by the ever-changing exchange rate of the Unites States dollar against the local currency (RTGS$), has dampened the mood in entertainment circles. [GoogleAd] The beer prices have gone beyond the reach of many alcohol lovers, leaving a number of…

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