ZIMBABWE must do more to finance agriculture insurance as climate change is now heavily affecting the sector, African Risk Capacity Limited (ARC)…
ZIMBABWE Stock Exchange (ZSE)-listed beverage maker, Delta Corporation, was last night crowned the best performing company on the local bourse for last…
Rumbidzai Ngwenya STAFF WRITER ngwenyar@dailynews.co.zw A HARARE company, which the police could not disclose, lost US$34 000 when its two employees were attacked by armed robbers on Wednesday night. According to the police, the two employees were delivering the cash from an unknown location to the company premises when the robbery occurred. “The police are…
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THE Reserve Bank of Zimbabwe yesterday dismissed as “fake news”, social media reports alleging that gold coins are already available ahead of…
NEW revelations have emerged that due diligence and approvals were done between Geogenix BV and Harare City Council (HCC) before signing of…
ZIMBABWE Electricity Transmission and Distribution Company (ZETDC) acting general manager Lovemore Chinaka has been cleared of allegations of violating tender procedures in the awarding of a US$1,4 million contract for the supply of cables. He was charged with criminal abuse of office as a public officer and alternatively fraud, allegations he denied when the trial…
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A 60-YEAR-OLD Harare man, who allegedly raped his mentally-challenged step daughter, has been denied bail by the High Court over fears he may interfere with witnesses. The man had applied for bail pending trial, but High Court judge, Justice Priscilla Munangati-Manongwa, ruled that he was not a deserving candidate taking into account what was said…
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COTTON Company of Zimbabwe (Cottco) bosses Pious Manamike and Maxmore Njanji, who were arrested on corruption-related charges, accused of contracting their vehicles to ferry inputs to cotton depots without disclosing it, have been freed on $100 000 bail each. The two are alleged to have supplied 40 trucks which only delivered inputs to depots along…
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Rumbidzai Ngwenya ngwenyar@dailynews.co.zw THE Zimbabwe Power Company (ZPC) has started receiving equipment for the completion of the Deka project in Hwange. The project is expected to add 600 Megawatts to the national grid. In a statement yesterday, the power utility company said various components for the project were expected to arrive this week. “To this end,…
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Brighton Muronzereyi muronzereyib@dailynews.co.zw FOUR suspected armed robbers were yesterday gunned down in Gwanda following a shoot-out with the police. In a statement last night, the police said the suspects had robbed the complainant of a vehicle in Gwanda central business district at around 1000 hours. “The police confirm a shootout incident which occurred this afternoon…
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