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Zim dollar devaluation hits Nampak

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© AFRICA’s largest packaging manufacturer, Nampak, says it recorded a net foreign exchange loss of nearly R2 billion (US$137 million) because of Zimbabwe’s currency devaluation. Nampak said it absorbed a net devaluation loss of R1 billion on Zimbabwe’s currency devaluation, a development that impacted on profits. [GoogleAd] “The impact of hyperinflationary accounting on the Zimbabwean…

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Zim embarks on Green building initiative

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© THE Green Building Council of Zimbabwe (GBCZ) has launched the Green star rating tool which is an internationally-recognised environmental certification that guides builders and designers to adopt environmentally smarter and sustainable strategies to reduce emissions that accelerate climate change. [GoogleAd] GBCZ chair Mike Juru said the Green star rating tool assesses management, indoor environment…

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Exhaustive probe into Chamisa claims needed

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© A COMPREHENSIVE probe should be instituted into allegations by the Nelson Chamisa-led MDC that police fired shots at him on Sunday at a tree-planting event at Dombotombo Clinic in Marondera, Mashonaland East. So graphic was the MDC narration on what allegedly transpired that many people were left questioning the police’s motive, while others thought…

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Two Zimbabweans win Rhodes scholarships

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© TWO National University of Science and Technology (NUST) students, Andile Dube and Cephas Svosve, will study at Oxford University next year under the 2020 Zimbabwe Rhodes Scholarship. [GoogleAd] Dube, a final year medical student at NUST, will study musculoskeletal science with a special focus on trauma management, while actuarial science student Svosve will read…

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Council demands garnishing powers

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© HARARE mayor Herbert Gomba, pictured, has said the city council must have garnishing powers to enable it to recover millions of dollars owed by residents and other organisation. The council has been using debt collectors in the past but Gomba told the Daily News yesterday that its wish is to be given powers to…

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Nasty C preaches focus, self-esteem

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© SOUTH AFRICAN hip-hop singer Nasty C, who was in Zimbabwe to prepare the ground for his Ivyson Tour, has imparted some life lessons to fans and fellow musicians. Nasty C was in the coun- try for three days (November 25 to 27) and he visited at least 10 affluent schools in the capital, teaching…

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Protesters humiliate Health minister on World Aids Day

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© PROTESTERS yesterday humiliated Health and Child Care minister Obadiah Moyo in Masvingo during commemorations to mark World Aids Day after they took to the stage with placards demanding the return of doctors and improved drug supplies to hospitals. [GoogleAd] The protesters, who included people living with HIV, were carrying placards written “Communities need doctors…

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Tongaat Hulett officials to face music

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© TOP executives fingered in the Tongaat Hulett Limited (THL) Zimbabwe scam of overstating assets and profits that was unearthed by a PricewaterhouseCoopers (PwC) audit report will face prosecution, the Daily News can report. According to THL’s parent company, the 10 executives, who include some from Zimbabwe’s Hippo Valley and Triangle estates, overstated assets and…

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Concert showcases new talent

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© THE debut Stylz Doing Things Concert, an event to showcase rising musicians, saw various singers gathering for a good networking and talent showcasing day at Lake Chivero on Saturday afternoon. The fun and activity-filled afternoon was hosted by Harare-based Stylz Clan. [GoogleAd] “When we came up with the idea to host this kind of…

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Zim experiences scorching temperatures

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© HIGH temperatures were recorded in most parts of the country yesterday, with Beitbridge and Buffalo Range recording the highest at 41 degrees Celsius. [GoogleAd] This follows two weeks of cool weather characterised by rains and storms across the country. The Meteorological Services Department (MSD) predicted more extreme temperatures today and tomorrow. “With the current…

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