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Muzarabani goes online

HARARE – One of Zimbabwe’s most marginalised communities in the country, Muzarabani, is now part of the global community after it was connected to the Internet last Friday. The dry and remote area of Muzarabani, which is relatively flat and situated along the Mozambique-Zimbabwe border in Mashonaland Central province in Zimbabwe, has for the past…

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IoDZ celebrates diamond jubilee

HARARE – The Institute of Directors Zimbabwe (IoDZ), which represents directors’ interests and promotes excellence in corporate governance, held the first of a series of events it has lined up to celebrate its diamond jubilee at a Harare hotel on Monday night. IoDZ was established on March 12, 1958 in Harare by the Britain-based Institute…

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Colcom assures consumers following listeriosis outbreak

HARARE – Following the recent outbreak of listeriosis in South Africa, Colcom Foods has assured its customers and consumers that it will continue to produce “safe, quality foods.” The outbreak of listeria in South Africa has caused panic, as it has resulted in the loss of lives. Reports indicated yesterday that South Africa’s human rights…

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‘No compensation for farmers’

HARARE – The Zimbabwean government says it has no capacity to compensate farmers who lose their crops to natural disasters and veld fires. Agriculture minister Perrance Shiri, pictured, said farmers should take appropriate insurance cover to mitigate risks associated with harsh weather patterns. “All farmers in Zimbabwe are responsible for the insurance of their properties…

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Nssa defies economic odds

HARARE – Despite a difficult trading environment, the National Social Security Authority (Nssa) has succeeded in growing its asset base by 41 percent since the new board came in three years ago, the Daily News can report. According to a presentation made by Nssa general manager Liz Chitiga to the Zimbabwe Mining Investment Conference held…

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Liquidity challenges hit life assurers

HARARE – New business written by the life assurance sector for both individual life and group business decreased by 26 percent and two percent respectively in the quarter to September 2017 on the back of the deepening liquidity crisis, the Insurance and Pensions Commission (Ipec) has said. In a report, Ipec pointed out that Zimbabweans…

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‘Be productive or lose land’

HARARE – Lands deputy minister Davis Marapira yesterday threatened to repossess underutilised farms in the next two months. Marapira was addressing delegates at a Tobacco Conference in Harare. He called on farmers to start being productive or face the consequences. “In the next two months I will be going around farms and if I find…

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Econet consolidates solar projects

HARARE – Econet Group company, Distributed Power Africa (DPA), which focuses on solar energy solutions has begun to invest more than $250 million in the delivery of solar power systems for industrial, commercial and home use in Zimbabwe. The investment is aimed at creating more than 5 000 new jobs in the country over the…

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Kazakhstan firm eyes Zim mining sector

HARARE – Controversial Kazakhstan-based mining firm, Eurasian Resources Group (ERG), is targeting to increase its footprint in the Zimbabwean mining industry. The group — formerly known as Eurasian Natural Resources Corporation — was delisted from the London Stock Exchange in 2013 when its shares tumbled significantly following a series of scandals, including allegations of fraud,…

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Zim to trash Mugabe’s Look East policy

HARARE – Zimbabwe’s ruling party, Zanu PF, plans to improve its chances at the country’s national elections later this year by disposing of former president Robert Mugabe’s “look east” policy toward China and Russia in favour of policies favoured by opposition parties. Citing three senior party officials, Bloomberg News said the country also wanted to…

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