Business

Delta committed to government efforts to stabilise economy

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LEADING beverages processor Delta Corporation has urged the government to continue to implement economic measures that promote and attract business growth. Speaking at the commissioning of three Delta investment projects worth US$70 million in Harare on Thursday, Delta Corporation chief executive Matlhogonolo Valela said the Stock Exchange-listed company would continue to pursue its pro-growth strategies…

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ED urges corporates to venture into contract agriculture

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PRESIDENT Emmerson Mnangagwa has challenged companies in the manufacturing sector to venture into contract agriculture with local farmers. Speaking during the commissioning of the Delta Beverages sparkling beverages line, new packaging line installed at Southerton brewery and the newly-built Chibuku super plant in Harare yesterday, Mnangagwa said companies should continue to complement government efforts in…

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‘Spiteful politics cost MT in 2008’… Mwonzora says, won’t do that to Chamisa this year

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BY KETTY NYONInyonik@dailynews.co.zw MDC leader Douglas Mwonzora says he will not speak or act with rancour towards his opposition counterpart Nelson Chamisa ahead of next month’s crunch national elections. Speaking last night on independent television station 3Ktv’s popular news and current affairs programme, Vantage, Mwonzora added that he was approaching the elections with this spirit,…

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Zim mourns Hero Guti

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By Brandon Josphat ZIMBABWE was plunged into mourning yesterday following the death of Evangelist Ezekiel Guti, the founder of Pentecostal church, Zimbabwe Assemblies of God Africa (Zaoga) Forward in Faith. He died on Wednesday afternoon in his sleep at the age of 100. Speaking to the Daily News yesterday, various church officials described Guti as…

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Drax has US$20 million deal reinstated

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THE Supreme Court yesterday upheld a High Court ruling which had foiled National Pharmaceutical Company (NatPharm)’s attempt to walk away from its US$20 million contract with Drax Consult Sagl. Supreme Court judges — Joseph Musakwa, Chinembiri Bhunu and George Chiweshe — dismissed NatPharm’s appeal and ruled that its contract with Drax was valid. “I prepared…

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Marry tried to kill Chiwenga, witness insists

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THE attempted murder trial of Vice President Constantino Chiwenga’s former wife, Marry Mubaiwa, continued yesterday at the Harare Magistrates Court, with a State witness insisting that the former model tried to kill her then-husband in 2019. When the trial commenced before magistrate Feresi Chakanyuka, the State’s fourth witness, Major Godfrey Nyoni, who accompanied Chiwenga for…

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Hatfield man accused of credit card fraud

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A MAN from Hatfield in Harare, who is facing fraud charges after he allegedly stole a credit card and used it to make purchases worth nearly U$3 000, has appeared in court. Blantyre Ndomene, 29, appeared before Harare magistrate Dennis Mangosi on Wednesday, where he was granted US$100 bail. The court heard that in February…

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National Foods wins big at Africa food awards

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IN RECOGNITION of over a century-long commitment to food production, quality and innovation, National Foods Limited was a big winner at the Africa Food Awards 2023 taking the ‘Food Company of the Year’ award and also winning in three product categories. The awards, organised by Food Business Africa Magazine, serve as a celebration of the…

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Business toasts to easing gloom… manufacturers hopeful Zim dollar, prices will stabilise

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THE government’s recent policy interventions are starting to bear fruit, amid high hopes by business for the further stabilisation of the Zimbabwe dollar and prices of basic goods. In its latest inflation and currency developments update, the Confederation of Zimbabwe Industries (CZI) — one of the country’s biggest business lobby groups — said Treasury and…

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‘I didn’t benefit unjustly in Zimbabwe’

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BUSINESS tycoon Zunaid Moti yesterday rubbished claims that he received undue assistance in setting up his business empire in Zimbabwe. He also dismissed widespread reports of his purported links to President Emmerson Mnangagwa. “They (amaBhungane) have already exposed whatever they said is an exposure but I see nothing, no value in it. “I still challenge…

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