RTG revenue rises 282%

BY TATIRA ZWINOIRA Hospitality group, Rainbow Tourism Group (RTG) recorded a 282% increase in revenue to $4,5 billion during the five months to May 31, 2022, driven by growth in its domestic business. During the same period last year, the Zimbabwe Stock Exchange-listed group recorded $1,18 billion revenue, chief executive, Tendai Madziwanyika told analysts at […]
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Mixed reactions to Chief Charumbira’s PAP presidency

BY HARRIET CHIKANDIWA/ PROBLEM MASAU THE election of Chiefs Council president Fortune Charumbira (pictured) as Pan African Parliament (PAP) president has been received with mixed feelings. While the ruling Zanu PF party was celebrating the win as a diplomatic triumph, critics expressed doubt over Charumbira’s credentials as a champion of democracy. Charumbira garnered 161 out […]
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‘6,4m Zimbos living in extreme poverty’

BY TAFADZWA KACHIKO THE latest World Bank report indicates that 6,4 million Zimbabweans are living on less than US$1,90 a day. The report is based on the multilateral institution’s Poverty and Inequality Platform (PIP), an interactive computational tool that allows users to replicate internationally comparable regional and country-level poverty estimates. In its recent update, the […]
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‘ED abusing Presidential powers’

BY TAURAI MANGUDHLA THE opposition Citizens Coalition for Change (CCC) has castigated President Emmerson Mnangagwa’s use of Presidential Powers to legalise the hike in interest rates by 200% and to declare lending and repayment of loans in United States dollars, saying it was unconstitutional. New Presidential Decree Statutory Instrument 118A /22 issued on Monday stipulates […]
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EMA rolls out fireguards awareness and inspection blitz

Yoliswa Dube-Moyo, Matabeleland South Bureau Chief THE Environmental Management Agency (EMA) has embarked on an awareness and inspection blitz to ensure that communities put up fireguards as the fire season approaches. A fireguard is a belt of not less than nine meters that is cleared of all inflammable materials, to control the spread of veld […] …
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EcoCash unveils new bill management service

Business Reporter ECOCASH has introduced ‘EcoCash Bill Manager’, a new service that brings enhanced convenience for users and simplifies how customers manage their bill payments to different service providers, directly from their phones. The new feature allows customers to make real-time, multicurrency (ZWL or USD) bill payments and allow for automatic monthly bill payments, said […] …
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ZACC to release Umguza RDC probe findings

Sikhumbuzo Moyo, Senior Reporter THE Zimbabwe Anti-Corruption Commission (Zacc) will soon release the findings and recommendations of a systems and compliance review that was undertaken following a probe over irregularities at Umguza Rural District Council. The probe was instituted following complaints about a number of issues among them land allocation and underhand dealings by some […] …
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