Source: CBZ shifts focus after CTC blocks FMHL further share purchases –Newsday Zimbabwe As CBZ has a shareholding of 36,22% in FMHL, it made a mandatory offer to the remaining shareholders of the firm for their shares. FINANCIAL juggernaut, CBZ Holdings Limited (CBZ) has shifted its focus away from leveraging on First Mutual Holdings Limited […]
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Fully fund AG’s Office, Treasury urged
Source: Fully fund AG’s Office, Treasury urged –Newsday Zimbabwe The report presented by the Public Accounts Committee, said funding would ensure that the AG’s Office conducted more audits according to its mandate. PARLIAMENT has called on Treasury to fully fund the employment costs for the Auditor-General’s Office to improve operations at the government arm. The […]
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Ex-Zanu PF youth league boss on fraud charges
Source: Ex-Zanu PF youth league boss on fraud charges –Newsday Zimbabwe Harare Magistrates FORMER Zanu PF youth league secretary Lewis Matutu on Tuesday appeared at the Harare Magistrates Court facing a charge of fraud. Matutu is being accused of unlawfully transferring 240 ordinary shares to his name in a company he was entrusted to direct […]
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Harare loses millions in potential revenue
Source: Harare loses millions in potential revenue –Newsday Zimbabwe City of Harare THE City of Harare is losing millions of United States dollars in potential revenue in unpaid rates by tuckshop owners and residents owing to corruption and leakages in the licensing department. This was revealed by council acting revenue collection manager Alfred Nguni while […]
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Pomona City introduces orchard for residents
Source: Pomona City introduces orchard for residents –Newsday Zimbabwe WestProp Holdings chief executive Ken Sharpe THE US$4 billion Pomona City project will have an orchard to feed its residents, fostering community and social connection. The orchard will enhance the estate’s ambience, property values and general appeal. Two residential stands big enough to fit two apartment […]
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Regulatory costs chokes industry, hinders competitiveness: CZI
Source: Regulatory costs chokes industry, hinders competitiveness: CZI –Newsday Zimbabwe Confederation of Zimbabwe Industries THE Confederation of Zimbabwe Industries (CZI) has revealed that regulatory costs are hindering the manufacturing sector’s competitiveness, impacting its ability to compete within the Africa Continental Free Trade Area (AfCFTA). Speaking at the Zimbabwe Industrial Reconstruction and Growth Plan Dissemination Breakfast […]
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Mining sector pushes radical solar project
Source: Mining sector pushes radical solar project –Newsday Zimbabwe Solar power IN a bold initiative to enhance renewable energy capacity, Zimbabwe’s mining sector is leading the charge with a 250 megawatt (MW) floating solar power project at Lake Kariba, supported by the African Export-Import Bank (Afreximbank). The project is aimed at utilising the vast expanse […]
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Zesn, observers flag irregularities in Namibia’s elections
Source: Zesn, observers flag irregularities in Namibia’s elections -Newsday Zimbabwe A JOINT Election Observer Mission of the Electoral Support Network of Southern Africa (ESN-SA) and Zimbabwe Election Support Network (Zesn) has called for key improvements to Namibia’s electoral processes following that country’s disputed polls. South West Africa People’s Organisation’s Netumbo Nandi-Ndaitwah became Namibia’s first female […]
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Court lifts freeze on Zevic bank account
Source: Court lifts freeze on Zevic bank account -Newsday Zimbabwe THE magistrate court has lifted a freeze on the Zvimba East Veterans Investment Company (Zevic) bank account to allow the company to pay outstanding salaries to its employees. Harare magistrate Judith Taruvibga issued a validation order after FBC Building Society had frozen the account after […]
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US pledges support to fight HIV
Source: US pledges support to fight HIV –Newsday Zimbabwe UNITED States ambassador to Zimbabwe, Pamela Tremont, has reaffirmed Washington’s commitment to supporting interventions aimed at ending HIV. “We have made huge progress since 2006,” she said during her visit to Marondera Provincial Hospital where the US supports HIV programmes at the public hospital “The number […]
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