By TAMARI CHKIWA in Bulawayo THE government has called on the private sector to take advantage of the African Continental Free Trade Area (Afcfta) to invest in infrastructure and set up own industries in Zimbabwe. Zimbabwe is part of the 55-member states of the Africa Union (AU), who established the Afcfta to create a single…
LONDON: Econet Group and Mastercard to collaborate on fintech solutions for Covid- 19 response in Africa The Econet Group through its subsidiary Cassava Fintech International (Cassava Fintech) and Mastercard have entered into a strategic partnership to advance digital inclusion across Africa and collaborate on a range of initiatives including expansion of the Africa CDCTravelPass. TravelPass…
ON Wednesday, the 14th of April 2021, Eight2Five hub hosted its second in a series of training sessions on Tax with Zimbabwe…
A HARARE man has approached the High Court demanding US$10 500 from Nicoz Diamond Insurance Company (Nicoz Diamond) after his car that he had insured with the firm was in an accident. Harold Makokoro told the court that he entered into a comprehensive cover agreement with Nicoz Diamond for a Mercedes Benz he had purchased…
THE decision by several Zimbabwe Stock Exchange-listed firms to declare dividends in 2020 saw pension funds, workers and investors receive a windfall that cushioned them against effects of the coronavirus pandemic and other market vagaries, experts have said. This was after blue-chip and mid-size counters, such as Delta Corporation, Innscor Africa, CBZ Holdings, FBC Holdings,…
LEADING hospitality group Cresta Hotels yesterday opened a 242-room hotel in the heart of Cape Town, South Africa, five minutes from Table Mountain and the famous V&A Waterfront. The 19-storey Cresta Grande — originally built as an office block in the late 1970s before being converted into a hotel in 2009 — has numerous conference…
HIGH Court judge Webster Chinamora has granted temporary relief to a local mining company, Angel Hill Mining Company (Angel Hill), which sought an order to suspend the Mines ministry’s directive barring it from mining along the Angwa River bank in Mashonaland West province. The ruling was handed down after the firm approached the court challenging…
INCARERATED Harare businessman Adam Hartnack has denied allegations that he swindled the government of over US$60 000 in a cloud seeding scam. Hartnack and his company Adamair are facing three counts of fraud and yesterday he told the Harare Magistrates’ Courts he had a backup aircraft after one of his planes went for mandatory maintenance…
DEFUNCT Zimbabwe Iron and Steel Company (Zisco) is looking for new investors in a bid to revive the firm, which at its peak employed over 8 000 people in Redcliff and Kwekwe. The firm, considered to be strategic to the country’s economic revival, stopped production in 2008 owing to operational and financial challenges. Several efforts…
THE government says it is doing its level best to improve conditions in most rural schools through acquiring information technology gadgets (ICT) to bridge the digital gap with urban institutions. This comes as Covid-19 has brought to the fore the need for E-learning after Zimbabwean schools spent the better part of last year closed due…
