Business

African Sun hotel occupancy hits 64 percent

HOSPITALITY group, African Sun Limited (African Sun), hotel occupancy reached 64 percent in the third quarter to September 30, 2024 from 53 percent the previous year, driven by growth in the meetings, incentives, conferences, and events (MICE) business. The group operates luxury hotels that includes Great Zimbabwe hotel, Caribbea Bay Resort, Monomotapa, Holiday Inn Mutare,…

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Business

Zim mulls sustainable aviation fuels plant

ZIMBABWE is considering setting up a Sustainable Aviation Fuels (SAF) plant at the Robert Gabriel Mugabe International Airport that will serve as a regional hub for the production and supply of sustainable aviation fuel. SAF is a biofuel used to power aircraft that has similar properties to conventional jet fuel, but with a smaller carbon…

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State opposes Mpofu, Chimombe referral to ConCourt

THE State led by prosecutor Whisper Mabhaudi on Friday opposed the application filed by fraud accused businessmen, Moses Mpofu and Mike Chimombe, for referral to the Constitutional Court. This comes after the two who are facing US$7 million fraud charges from the presidential goat pass on scheme filed their application before Justice Pisirayi Kwenda alleging…

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Business

‘PPPs key to development’

PUBLIC Service Commission (PSC) chairperson Vincent Hungwe says partnerships between government entities and the private sector are key to the country’s economic development. This comes as President Emmerson Mnangagwa on Friday commissioned the Bulawayo Student Accommodation (BSAC) complex built by the Infrastructure and Development Bank of Zimbabwe (IDBZ) which has provision for fast food outlets,…

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It’s dog eat dog in Zanu PF Harare… as provincial ructions over ED 2030 push escalate

Brandon Josphat josphatbl@dailynews.co.zw TEN Zanu PF Harare Province officials were suspended on Thursday last week for allegedly standing in the way of the party’s resolution to extend President Emmerson Mnangagwa’s tenure in office. This saw the officials, who include provincial political commissar, Kudakwashe Damson, being banned from executing their duties until their disciplinary hearings have…

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Skint government reins in its spending

By Brandon Josphat josphatbl@dailynews.co.zw AUTHORITIES are stepping up their efforts to reduce the government’s expenditure owing to the State’s depleted coffers. In this regard, the permanent secretary of the Ministry of Finance, George Guvamatanga, told senior government officials last week that Treasury would now only prioritise critical payments that include bonuses and food deficit mitigation…

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Cimas in men’s health awareness drive

CIMAS Health Group has embarked on a programme to raise awareness on men’s health and wellness, particularly on mental health and prostate cancer. Addressing the media after the Cimas iGo marathon held in Harare yesterday, Cimas chief executive officer Vuli Ndlovu said men constituted the highest suicide cases in the country due to mental health….

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Retailers sweat over ZiG rejection

Masimba MakwembereSTAFF WRITERmakwemberemv@dailynews.co.zw RETAILERS are fretting over the rejection of the ZiG by the informal sector, saying the development is retrogressive as it militates against the country’s economic growth. In that regard, the Confederation of Zimbabwe Retailers (CZR) president Denford Mutashu has directed informal retailers and wholesalers to accept ZiG as a medium of exchange….

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Health sector reaps cannabis benefits

By Nyasha Kunyiswa kunyiswan@dailynews.co.zw THE country’s health sector has started reaping the benefits of medicinal cannabis with some companies now producing vital medicines from the plant. Speaking at the launch of CannaQure, a cannabis-based medicinal product developed by Ivory Medical, in Harare last Friday, Zimbabwe Industrial Hemp Trust president Zoro Maroveke highlighted that the product…

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