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Zvishavane to host boxing extravaganza

© GLO International Sports and Arts Agency (Gisaa) has introduced the Box Out Africa boxing tournament which they hope will help combat substance abuse and other social ills among youths in Zvishavane. The tournament is set to be staged at the Radio Park in the Midlands town this Saturday with leading local boxer Charles Manyuchi…

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TelOne call Dr Rush

© TELONE FC have ap- pointed Rahman Gum- bo as their new head coach with immediate effect as the club seeks to avoid relegation in their maiden Castle Lager Premiership campaign. Gumbo was unveiled on Tuesday night at a local hotel and replaces Jairos Tapera, who has been shown the exit door. “We are delighted…

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HCC taken to task over vacant positions

© HARARE residents are demanding that the city fills vacant positions of directors.Many senior managerial positions are being filled on an acting capacity as the city cannot employ people full-time. Since a damning corruption report by the Local Government ministry in 2016 led to the suspension of many directors, their positions have not yet been…

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It’s squeaky-bum time for Mthuli

THE International Monetary Fund (IMF) has warned the government against increasing civil servants’ salaries, in a move which leaves under fire Finance minister Mthuli Ncube between the prover- bial rock and a hard place. In its reasoning the IMF said awarding the res- tive civil servants wage increases would further push inflation to new levels…

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Government must seriously focus on renewable energy

EDITOR — With the serious power challenges facing the country, the government needs to seri- ously look at alternative renewable sources of power to keep the country lit. It is sad that over the years we have had many companies and individuals being awarded licences to start solar projects but it seems these projects have…

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Councils must meet service delivery obligations

EDITOR — It is sad to note that most local authorities are failing to provide essential services throughout the country to residents. The economy is in bad shape, everyone knows that. Residents are struggling to service their bills and to make matters worse they are not getting the services that they are paying for. [GoogleAd]…

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Mashonaland Holdings profits surge

© MASHONALAND Holdings (MH) says it recorded a profit of $9,4 million for the three months ended June 30, 2019, up from $1,3 million in the prior comparable period. The company’s trading update shows that the 623 percent increase in profit was driven by fair value gains in its holdings in quoted equities amounting to…

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Access rolls out in-store service

© FINANCIAL trading house Access Finance (Access) has partnered with a number of retailers, including Electrosales and Gain Cash & Carry (Gain), as a way of complementing the government’s efforts in formalising the foreign currency market and increasing customer convenience, officials say. [GoogleAd] This follows the reintroduction of the Zimbabwe dollar through statutory instrument 142…

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ZHL still pursuing capital raise in Botswana

© ZIMRE Holdings Limited (ZHL) says it is still pursuing the Emeritus International transaction aimed at raising $10 million in Botswana to support operations. Through a cautionary statement, ZHL said once completed, the transaction will have an impact on the group’s share price. “Further to the cautionary announcement dated July 30, 2019, shareholders are advised…

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Cotton production decline by 51pc

© COTTON production in Zimbabwe is forecast to decline to 68 178 tonnes this year, a 51,3 percent drop from 140 000 tonnes recorded last year, a parliamentary committee heard yesterday. Appearing before the portfolio committee on Lands, Agriculture and Rural Resettlement, Agriculture Marketing Authority of Zimbabwe chief executive officer Nancy Zitsanza, said the decrease…

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