© ZB LIFE Assurance Limited has appointed Letwin Mawire as the company’s new managing director. [GoogleAd] In a press statement released yesterday, ZB Life Assurance company secretary said Mawire’s appointment is effective August 1. Mawire replaces Ambrose Garikayi Chinembiri who is set to retire on July 31 after he was appointed to the position in…
© CASSAVA Fintech International (CFI) will tomorrow launch Africa’s first integrated social payments platform branded Sasai. The application combines instant messaging, social media and mobile payments into one application. CFI, a subsidiary of the Econet, said the platform will be available to individuals and businesses and will be offered in partnership with mobile network…
© THE Zimbabwe National Water Authority (Zinwa) says it may be forced to review its tariffs due to continued increase in the cost of critical input materials. Taurai Maurukira, Zinwa acting chief executive, recently told shareholders at an annual general meeting that although the parastatal is striving to provide water to consumers, operational costs continue…
Zimbabwe Revenue Authority (Zimra) says it surpassed first half revenue targets, with gross collections amounting to $5,27 billion, 22,75 percent above the set target of $4,30 billion. Callisto Jokonya, the national tax collector’s chairperson, yesterday said gross collections increased by 118,71 percent from $2,41 billion collected during the first half of 2018. Zimra’s net collections…
© Combining instant messaging, social media and mobile payments into one App, Cassava Fintech International (CFI) has announced the launch of Africa’s first integrated Social Payments platform branded Sasai. [GoogleAd] Cassava Fintech International is a leading Fintech company in Africa and a subsidiary of the Econet Group. Sasai its latest platform, will be available to individuals…
© GOVRNMENT has implored the private sector to consider renewable energy technologies as heavy power cuts continue to take toll on business operations. [GoogleAd] Deputy Energy minister Magna Mudyiwa yesterday said there was need to find alternative ways of minimising current power shortages. “Production is critical and the country needs to change the way it…
© INDUSTRY minister Mangaliso Ndlovu says austerity measures introduced by government last year are coming to an end after stabilising the economy. [GoogleAd] The southern African country in November last year introduced a raft of austerity measures to jump-start the ailing economy including laying off of about 3 000 workers, a pay cut for the…
© ECONET Wireless chief operating officer Fayaz King has been appointed assistant secretary general to serve as the deputy executive director, Field Results and Innovation for the United Nations Children’s Fund (Unicef). The announcement was made by United Nations Secretary-General António Guterres on Thursday night. He will succeed Shanelle Hall of the United States, to…
© AFRICA Albida Tourism (AAT) has relinquished its entire shareholding in the Botswana-based operation, Ngoma Safari Lodge, as it consolidates its business in Victoria Falls. Ross Kennedy, the leisure group’s chief executive, said the company will cease operations next month, but could not divulge quantum of the transaction. [GoogleAd] “AAT is rationalising its interests and…
© PROSPECT Resources (Prospect) says it has received approval from the central bank to increase its stake at its Arcadia Lithium project in the country by 17 percent. [GoogleAd] The Australia-based lithium developer said this is in accordance with the sale and purchase agreement dated October 3, 2018. Sam Hosack Prospect’s managing director said on…
