© THE Zimbabwe Stock Exchange (ZSE) has lifted the suspension in trading of Falcon Gold Zimbabwe (Falgold) shares after the company met all conditions that had resulted in the action. [GoogleAd] Falgold had requested for voluntary suspension after it failed to publish its financial statements for the period ended September 30, 2018. “Falgold has since…
© Parliament has increased MPs’ Constituency Development Fund (CDF) allocations from $80 000 to $175 238. [GoogleAd] The increase was announced by Speaker Jacob Mudenda during yesterday’s National Assembly sitting. The fund was first introduced by former Finance minister Tendai Biti in 2010. A year after it was unveiled, it collapsed due to budgetary constraints…
© STATE-OWNED telecommunications firm TelOne says it lost over $500 000 in revenues at the weekend after its infrastructure was damaged by small scale miners. [GoogleAd] TelOne’s acting corporate communications head Hazel Ndebele said the miners damaged the company’s cross border link in the Kariba/Makuti area, affecting more than 1 200 clients. The cross border…
© THE late Pentecostal Assemblies of Zimbabwe Bishop Berry Dambaza’s family has again been plunged into mourning following the death of the celebrated preacher’s mother Monica Dambaza yesterday morning. [GoogleAd] The 59-year-old preacher, who was a bishop in the Pentecostal Assemblies of Zimbabwe (Paoz) headed by Presiding Bishop Trevor Manhanga, died on Monday in a…
© BULAWAYO’s premier arts fete, Intwasa kicked off yesterday, marking the beginning of a week-long entertainment filled journey. While the organisers have admitted that the economic hardships currently being experienced in the country have had a negative impact on the festival, they remain positive of a successful event. [GoogleAd] “We are ready and most of…
© THE MDC has been ordered to pay $10 000 in damages and interest to an employee they fired unlawfully. [GoogleAd] Bramston Gwena had cited the MDC as a respondent in the registration of an arbitral award after it had been opposed by the political party. High Court judge Tawanda Chitapi registered the arbitral award…
© TOP singers from South Africa — Black Motion, Ringo Madlingozi and DJ Zinhle — will this year perform at the second edition of the Jacaranda Music Festival to be held from October 3 to 5 at the Hellenic Sports Club in Harare, the Daily News can confirm. [GoogleAd] They will join local headliners Mokoomba,…
© FORMER Allied Timbers Zimbabwe chief executive Daniel Sithole and the company’s procurement manager Justice Chimusaru, who are facing charges of violating procurement procedures, were yesterday removed from remand. [GoogleAd] Sithole and Chimusaru allegedly acquired a reconditioned forestry machine in January 2018 at a cost of US$65 000 without going to tender. The two were…
© THE Chinese Ambassador Table Tennis Cup, which sees Zimbabwe take on their Asian counterparts, will now be an annual event on the local sporting calendar, according to embassy officials. [GoogleAd] Chinese embassy director for the political section Guo Jing confirmed the development. “This is a very successful brand and it is getting popular not…
© Water levels in dams across the country continue to decline, according to statistics from the Zimbabwe National Water Authority (Zinwa). [GoogleAd] The latest update shows that Kariba is 18,3 percent full, Tugwi Mukosi 43 percent, Chivero 62,6 percent, Sebakwe 54 percent, Harava 1,4 percent, Seke 10,6 percent, Mzingwane 13,0 percent, Inyankuni 53 percent, Mazvikadei…
