ECOCASH Holdings Zimbabwe has reported a 26 percent increase in the group’s revenues in its consolidated financial statements for the year ending February. The listed digital and financial technology company’s inflation adjusted revenues rose to $29,9 billion, up from $23,8 billion recorded in the previous financial year. The company reported a $1,3 billion profit after…
CLERGYMAN Obadiah Musindo, who is an ardent supporter of President Emmerson Mnangagwa and Zanu PF, has warned the ruling party’s regrouping Generation 40 (G40) faction — saying it will be dealt with ruthlessly if it continues to attempt to foment chaos in the former liberation movement. Speaking last night on independent television station 3Ktv’s widely…
Rutendo Ngara AUTHORITIES have launched last-ditch efforts to avert next week’s strike by civil servants, by telling them that there is still room for further negotiations in the current pay dispute. This comes after Public Service minister Paul Mavima re-affirmed the government’s commitment yesterday to improving the welfare of its workers. “We will continue to…
ZENGEZA West MP Job Sikhala has launched a fresh bid for freedom after a regional magistrate threw out his challenge for placement on remand on a charge of obstruction of justice. Sikhala is alleged to have recorded a video and uploaded it online while addressing mourners at Moreblessing Ali’s funeral, claiming that she had been…
Ketty Nyoni HARARE City Council (HCC) has admitted to the failure of its billing system and called upon residents who have received overcharged bills to engage them. In an interview with the Daily News yesterday, HCC acting spokesperson Innocent Ruwende bemoaned how their current billing system was crippling work at HCC. “Currently our system has…
PRESIDENT Emmerson Mnangagwa yesterday challenged mining companies to improve the livelihoods of people living in mining communities, saying they must not concentrate on extracting resources from poor societies. This comes after several complaints by communities in mining areas over environmental degradation caused by mining companies that also do not plough back their revenues. Officially opening…
LONG-SERVING Dairibord Holdings chief executive officer Anthony Mandiwanza is retiring after serving the company for 43 years, 26 of them at the…
THE Chamber of Mines has said the mining industry is projected to generate US$6 billion this year as the sector is currently on a strong recovery path. This comes after it emerged yesterday that the sector contributed US$5,2 billion in export earnings in 2021. Speaking at the 2022 Mining Industry Suppliers Forum, Chamber of Mines…
PRESIDENT Emmerson Mnangagwa will seek to serve a second term in office, and will not be challenged at the Zanu PF congress scheduled for October this year, his spokesperson George Charamba said yesterday. Speaking to the Daily News in the light of sustained claims of fissures between Mnangagwa and Vice President Constantino Chiwenga, Charamba also emphasised that…
Brighton Muronzereyi STAFF WRITER muronzeyib@dailynews.co.zw GOVERNMENT and Harare City Council yesterday agreed that the State will now pay Geo Pomona Waste Management Company until the municipality is capacitated to pay service fees for the Pomona deal. This comes after HCC failed to pay US$780 000 for the month of May which had already attracted a…
