© Shoppers are snapping up deep discounts on “invictus medallions” that have gone on sale to celebrate South Africa’s superb participation at the 2019 World Cup and the country’s 25-year democracy, giving the African Medallion Group (AMG)-owned Cape Mint a strong start to their Rugby World Cup season campaign. [GoogleAd] The "buy two and save" campaign,…
© PRESIDENT Emmerson Mnangagwa yesterday said there was no conflict between him and his Transport minister Joel Biggie Matiza on the US$400 million deal to modernise the National Railways of Zimbabwe (NRZ) — adding the Diaspora Infrastructure Development Group (DIDG) investors must be allowed to demonstrate their financial capacity to execute the project. [GoogleAd] This…
© DANDEMUTANDE chief executive Never Ncube has been declared Chartered Secretary of the Year. Ncube, who took over the reins of the newly-restructured Dandemutande, was last week conferred with the award at the Institute of Chartered Secretaries of Zimbabwe (ICSAZ) annual conference in Victoria Falls last week, ahead of Agribank company secretary Lovemore Rwazemba. [GoogleAd]…
© STATE-OWNED mobile network provider NetOne increased its subscriber base by 6,1 percent in the second quarter to June 2019, latest industry figures show. According to the Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) second quarter report, NetOne added over 159 000 new customers to its subscriber base from 2 593 444 in the…
© CAUGHT in a dilemma between printing money and possibly fuelling inflation, or nursing acute cash shortages, President Emmerson Mnangagwa’s government has turned to militant policies, controlling some mobile money services in a bid to arrest the speculation that has been brewed by the shortages. [GoogleAd] This past week, Zimbabwe’s central bank banned all cash-…
© DEMAND for cash and foreign currency is expected to increase during the last quarter (Q4) of the year and the Zimbabwe dollar is expected to further depreciate, according to analysts at Econometer Global Capital. [GoogleAd] Responding to government’s recent move to limit EcoCash cash-in and cash-out, the economic analysts warned government that the current…
© ECONET Wireless Zimbabwe subsidiary Cassava Smartech, in partnership with Ghanaian company TroTro, has launched an Ecofarmer platform to provide farmers with a wide range of services ahead of the 2019-2020 farming season. The platform will provide services like ploughing, discing, water delivery, boom spraying, borehole drilling, ridging, fertiliser spreading, reaping and planting. [GoogleAd] The…
© EXODUS & Company (Exodus) the developer of Madokero Mews apartments says it is open to negotiations with clients facing challenges in settling arrears. This comes after some clients challenged the company for demanding payment equivalent to the prevailing US dollar interbank rate, in conformity with agreed terms. [GoogleAd] “There are clients who have arrears…
© CBZ Holdings (CBZ) says it has managed to identify growth opportunities in the current challenging operating environment. The economy is increasingly becoming frail following severe shortages of electricity and fuel, while inflationary pressures and foreign currency shortages continue to prevail, negatively impacting on the importation of critical goods and services. [GoogleAd] “The operating environment…
© THE government has accelerated a plan to relinquish part of its shareholding in the wholly-owned POSB Bank, after submitting documents to the Procurement Regulatory Authority of Zimbabwe (Praz), according to board chairperson, Matilda Dzumbunu. Praz has set up a special procurement oversight committee to oversee the privatisation process, which is expected to be completed…
