ZB Financial Holdings’ after-tax profit for the half year to June increased 375 percent to $1 billion largely driven by non-funded income which grossed $1,8 billion. During the interim period, the group’s total income amounted to $2 billion. The improved profitability resulted in earnings per share increasing by 239 percent to $607 cents compared…
A ZIMBABWEAN engineering firm, Zwane Enterprises P/L, has developed a mobile application for the purchase of LP gas in the country. Set to be launched tomorrow, the app allows customers to receive gas purchases from their relatives and friends both inside and outside Zimbabwe once they join the gas app platform. Zwane chief executive Bekithemba…
THE Harare City Council (HCC) has successfully put out the Pomona Dumpsite fire which had lasted for more than three weeks. This comes as the city had come under fire for failing to control the recurring Pomona Dumpsite fire with residents’ associations saying this was indicative of a poor disaster risk management plan. “Council advises…
BULAWAYO Zanu PF youth leader Blessed Mushandu, accused of swindling a Chinese businessman with interests in mining of over US$100 000 using Vice President Kembo Mohadi’s name, has been denied bail. Mushandu allegedly claimed to be a secretary in the VP’s office in Bulawayo and that the VP would facilitate him to conduct mining in…
Blessing Masakadza STAFF WRITER masakadzab@dailynews.co.zw MDC Alliance vice chairperson Job Sikhala will know his bail application fate today when Harare magistrate Lazini Ncube is expected to deliver a ruling. Sikhala, through his lawyers Eric Matinenga, Harrison Nkomo and Jeremiah Bamu, said he is a proper candidate for bail, disputing the State’s position that he should…
The National Democratic Institute for International Affairs (NDI) is implementing a programme aimed at amplifying civil society interventions towards enhancing citizens’ capacity to more effectively contribute to democratic development in Zimbabwe. The programme is premised on three strategic objectives central to the strengthening, mobilisation and coordination of civil society: (a) enhancing electoral integrity through providing support to…
Blessing Masakadza STAFF WRITER masakadzab@dailynews.co.zw OUTSPOKEN MDC Alliance vice chairperson Job Sikhala says he has been critical of the government since he was 16 years old and would not flee the country despite the State’s desire to persecute critics into exile. Sikhala is fighting to be admitted to bail after he was arrested on allegations…
Blessing Masakadza STAFF WRITER masakadzab@dailynews.co.zw HARARE top lawyer Sylvester Hashiti, who is accused of alleging that a prosecutor in the Special Anti-Corruption Unit in the office of the President, Zivanai Macharaga, had received a US$20 000 bribe from an accused person, wants the charges dropped, saying they are meant to embarrass him. Hashiti, through his…
Mugove Tafirenyika SENIOR STAFF WRITER tafirenyikam@dailynews.co.zw FRUSTRATED MDC organising secretary Abednico Bhebhe has taken aim at acting party leader Thokozani Khupe for allegedly concentrating on strengthening her position by “mindlessly’’ recalling MPs and councillors at the expense of developing the party,” the Daily News reports. This comes as Khupe has, since taking over leadership of…
Sindiso Mhlophe SENIOR STAFF WRITER mhlophes@dailynews.co.zwTHE government reiterated yesterday that only Zimbabweans could resolve the country’s myriad challenges, warning that it was futile for anyone to expect outsiders to lift the nation out of its current difficulties. Speaking to the Daily News yesterday, President Emmerson Mnangagwa’s spokesperson George Charamba said it was disconcerting to see…
