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AHFoZ appeals easy access to forex

©  AS the local currency continues to weaken against the US dollar, Association of Healthcare Funders of Zimbabwe (AHFoZ) has appealed to government to provide its members easy access to foreign currency so as to enable medical aid societies to remain afloat, In a statement, AHFoZ said government should place healthcare institutions in the same…

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One year on no joy from Mnangagwa

© THIS August marks a year after President Emmerson Mnangagwa became the head of State in the so-called new dispensation. While he made many promises to turn the economy of Zimbabwe into its former glory, it has in fact become worse as there is an acceleration in the closure of industries, rampant abuse of human…

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BNC records $13,5m profits

© BINDURA Nickel Corporation (BNC) says its profit for the year ended March 31, 2019 grew 131 percent to US$13,5 million compared to US$5,8 million last year, largely driven by exchange gains recognised on the introduction of the local currency. Muchadeyi Masunda, the company’s chairperson, said operating profit increased by 141 percent to US$21,3 million,…

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Ethical Leaf mobilises US$30m

© ETHICAL Leaf Tobacco (ELT) says it has mobilised US$30 million to procure inputs for tobacco production. ELT general manager Andrew Mupfawa said the company was passionate about the upliftment of rural livelihoods through sustainable tobacco production hence its prioritisation of input schemes. [GoogleAd] “The company funded inputs worth US$6 million in the 2018/19 season…

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‘Zim not prioritising agriculture’

© ZIMBABWE’s share of agriculture in the national budget allocations has remained low, less than African Union’s Maputo declaration target of at least 10 percent, the 2018 Agriculture Sector Survey has revealed. The southern African country only managed to allocate 14 percent of the national budget in 2014 but the allocation has remained very low…

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Wicknell sends social media into overdrive

© FLAMBOYANT and controversial businessman Wicknell Chivayo reckons he can train and reach the same skill level as Hollywood martial arts star Jean Claude Van Damme. Earlier this week, the burly Chivayo sent social media ablaze when he posted a video of his workout on Instagram. [GoogleAd] The controversial businessman said he was working out…

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Rachel J’s ‘sexy’ video out today

© SOUTH AFRICA-based songstress Rachel J has teamed up with Roki on the song Bada Boom with the eagerly-awaited video of the single expected today. The trailer for the video is already up, featuring vixens from across the Limpopo and has created a lot of expectations. Expensive lingerie is on display in some of the…

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Kusena gets NACZ appointment

© THE National Arts Council of Zimbabwe (NACZ) has appointed Josia Kusena as deputy director with effect from July 1. In a statement, NACZ director Nicholas Moyo said Kusena’s appointment comes after the completion of a highly-competitive selection process. “We urge all concerned to support him in this new position. His main tasks will be…

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ED protests divide MDC . . . as govt’s warning splits opinion among opposition ranks

© AS the country’s economic crisis deepens with seemingly no immediate solution in sight, the main opposition MDC is deeply divided over what course of action to take, the Daily News can report. Its leader Nelson Chamisa, pictured, is said to be preferring dialogue over protests. However, a section of the country’s largest opposition party,…

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Govt to ease power cuts

© THE government yesterday said it had reached an agreement with South African power firm, Eskom for the resumption of more power supplies — in a move which is set to ease the punitive load shedding — once more payments are made next month. This comes as Zesa has paid US$2 million to the Southern…

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