COTTON farmers in Gokwe North are left counting their loss due to the prolonged dry spell that the country has faced in the 2018-2019 rainy season, which drastically affected the crop hence reducing the crop output. In the past season Gokwe recorded a staggering amount of 31 million kilograms of cotton, retaining its long known…
President Emmerson Mnangagwa used ‘‘Zimbabwe is open for business’’ the way US president Donald Trump used make America great again. Now, economic signals in Zimbabwe are pointing in the wrong direction. Inflation is above 50 percent. To try to get things on track, the country launched a new currency to replace its old cash system…
NZALA Milimo was born in Victoria Falls in 1974 and did her primary and secondary education at public schools in the resort town’s ghetto townships. But unlike the thousands of well-heeled foreign visitors who flock to the world famous Victoria Falls — a famous “honeymoon” destination and a place where international elites have vacationed and…
ZIMBABWE’s financial meltdown has brought the construction of the Egodini Mall — set to be the biggest public transport terminus boasting a retail section and parking bays in Zimbabwe’s second largest city, Bulawayo — to a screeching halt. The project, touted as a massive development, which, if completed, would change the face of the city…
INNSCOR Africa Limited (Innscor) recorded a 167 percent increase in profit to $64,011 million for the six months ended December 31, 2018 compared to a $23,963 million recorded in prior period driven by double-digit volume growth across all categories. [GoogleAd] Addington Chinake, Innscor’s chairperson, said revenue was up 61 percent to $489,893 million for the…
The Econet group has unveiled the OmniContact — a standalone “business process outsourcing” (BPO) unit — that will offer local and foreign businesses, both private and public enterprises, a wide range of specialised outsourced services, designed to free them to focus on their core activities as well as reduce their capital and operational costs. [GoogleAd] The…
Multichoice Africa has urged DSTV customers to subscribe in their respective countries as rights for programming and channels are cleared for specific countries. [GoogleAd] This comes amid allegations that Multichoice South Africa will be shutting down pirate decoders operating outside the country using a newly-installed geo-location system. The system was reportedly going to detect all decoders…
The new Nissan Navara Pickup is one of the best all round utility vehicles ever to hit Zimbabwean shores! This is all thanks to its eye-catching style, heavy duty five-link coil rear suspension which gives it superior off and on road performance, high level of luxury features and best in class fuel economy. All of which…
Energy minister Joram Gumbo says government is now evaluating two proposals for the construction of a second fuel pipeline from Beira to Harare. The project, which is estimated to cost in excess of $1 billion and meant to increase current pipeline capacity, has been on the cards since 2014, but there has been very little progress….
Harare City Council is yet to receive the remaining $72 million from the $144 million China Exim bank loan that was supposed to be used towards rehabilitation of the city’s water infrastructure. [GoogleAd] Mayor Herbert Gomba said they have engaged government on the matter but nothing has happened since December 2017. The loan which was…
