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MedTech profit up $1,42 million

© MEDTECH Holdings (MedTech) says it posted a profit after tax of $1,037 million during the year ended December 31, 2018 compared to a loss of $479 216 in prior year. The medical equipment supplier’s revenue increased by 11 percent to $12,341 million during the review period from $11,100 million in prior comparable period. [GoogleAd]…

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Local sourcing workshop kicks off today

© The Comesa Business Council (CBC) in partnership with the Zimbabwe National Chamber of Commerce (ZNCC) will convene the first ever Local Sourcing for Partnership Workshop at Crowne Plaza (Monomatapa) Hotel in Harare from today up to Friday. [GoogleAd] The meeting will be held under the theme, “Building SME Competitiveness in Regional Markets through Standards”….

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Fidelity shareholders in vote pooling agreement

© FIDELITY Life Assurance (Fidelity)’s top three major shareholders representing 78,59 percent of issued share capital have entered into a vote pooling agreement. The life assurer’s major three shareholders include the National Social Security Authority (Nssa), which holds a total 38,224,928 shares amounting to 35,09 percent of issues share capital, followed by Turismo, 22,93 percent,…

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Gango craze now dying

© THE popular gango trend is on the decline with indications that the worsening economic meltdown that has seen the increase in prices of meat is key among other factors. Gango is a mixture of several kinds of meat and veggies fried together and had become popular at various spots in town and ghettos. [GoogleAd]…

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Miss Zim-USA preps on course

© PREPARATIONS for this year’s edition of Miss Zimbabwe USA are at an advanced stage, organisers say. This year’s event — which endeavours to elicit and crown a young Zimbabwean woman with beauty, intelligence, purpose and one that can support, uplift and assist the Zimbabwean community in the American Diaspora and fellow countrymen in Zimbabwe…

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Vabati VaJehova UK trip on hold

© POPULAR apostolic music group Vabati VaJehova will have to wait a little longer for their maiden United Kingdom performance. The group was supposed to travel to the UK together with Madzibaba Strive Masango for the Vapostori Music Concert in April before tragedy struck Masango’s family, resulting in the loss of his three children in…

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Forex shortage hits music promoters hard

© SHORTAGE of foreign currency on the local market has impacted negatively on prominent music promoters who used to cash in on gigs featuring international music stars. Popular promoters have slowed down on international gigs, and some of them have resorted to promote locals in order to keep their boats afloat in these turbulent times….

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Condolence messages pour in for socialite Young Dollar

© HARARE socialite Young Dollar’s death has sent social media into frenzy since Monday as people from all walks of life express their grief. Young Dollar, real name Khumbulani Mapani, was more of a dancer and entertainer.  He died on Sunday night at Harare Central Hospital. [GoogleAd] He was 22 and reports link his death…

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Ramaphosa’s 3 biggest challenges right now

© AFTER finishing off Jacob Zuma’s term, President Cyril Ramaphosa will officially be sworn in as president of the republic on May 25 after 57,5 percent of the electorate voted for the ANC with his face on the ballot paper. [GoogleAd] The lights at the national results centre in Pretoria were barely switched off when…

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Massive labour unrest looming. . . as govt gears for winter of discontent

© PRESIDENT Emmerson Mnangagwa’s government is gearing itself up for waves of crippling labour unrest owing to the continued erosion of disposable incomes due to skyrocketing prices. The Daily News can report that morale in the civil service has plumped to its lowest ebb, with doctors and teachers threatening to down tools over poor salaries….

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