Oliver Kazunga Senior Business Reporter THE United Nations Development Programme (UNDP) has called on African countries to adopt transformative policies to improve the informal sector’s resilience and performance that remains vulnerable to various shocks. For example, the Covid-19 pandemic has haemorrhaged the sustainability of the informal economy whose official figures show that nearly 83 percent […]
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Zimbabwe Situation
Pair convicted of US$85k fraud
Source: Pair convicted of US$85k fraud | The Herald Senior Court Reporter TAURAI Euginia Mushanyu and Charles Kensington Kalasawo of Harare, were yesterday convicted of duping First Tower (Pvt) Limited of US$85 000 in motorbike importation deal sometime in 2018. First Tower is involved in mining, farming and commodity broking. Mushanyu and Kalasawo were convicted […]
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Biti regurgitates application
Source: Biti regurgitates application | The Herald Tendai Biti Prosper Dembedza Correspondent CCC official Tendai Biti, who is facing charges of manhandling Russian investor Ms Tatiana Aleshina outside Harare Magistrates Court, is yet again seeking the recusal of Harare magistrate Mrs Vongai Guwuriro Muchuchuti from presiding over his trial. Biti late last year made such […]
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Borrowdale billboard case deffered
Source: Borrowdale billboard case deffered | The Herald Mr Tendai Biti Court Reporter The matter for two Harare men who allegedly erected an illegal billboard in Borrowdale, with damaging information on a local development company has been deferred to June 3 awaiting a High Court review. Grant Russell and Mark Strathen are being represented […]
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Candidates imposition tears MDC Alliance
Source: Candidates imposition tears MDC Alliance – NewsDay Zimbabwe Douglas Mwonzora BY PRAISEMORE SITHOLE SENIOR members of the MDC Alliance (MDC-A) in Bulawayo province are concerned that the party is failing to uphold its constitution amid revelations that top leaders were imposing candidates in vacant positions. Aleck Gumede, a senior MDC-A leader in Bulawayo said: […]
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Govt sued for detaining minors
Source: Govt sued for detaining minors – NewsDay Zimbabwe Home Affairs minister Kazembe Kazembe BY PRIVELEDGE GUMBODETE CIVIC groups have taken government to court for detaining minors in the same prison cells as their convicted parents. The Zimbabwe Human Rights NGO Forum and the Justice for Children (JCT) yesterday filed a High Court application citing […]
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10 sites identified for solar power plants
Eng Magombo Business Reporter TEN possible sites for solar plants, with potential of generating 500 megawatts have been identified, a senior official said, with the Government now working on guarantee mechanisms with creditworthy financial institutions to backstop potential investment risks. While there is growing interest in the renewable energy sector, particularly solar, concerns have been […]
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First Capital Bank eyes growth in USD earnings
Business Reporter First Capital Bank (FCB) says foreign currency earnings accounted for 20 percent of its total income in the first quarter of 2022 and that the bank is targeting an increased contribution from the foreign currency generating operations of the business. During the quarter under review, the bank’s total income increased by 37 percent […]
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Commuters hail improvement in public transport
Source: Commuters hail improvement in public transport | The Herald Passengers board commuter omnibuses at Charge Office bus terminus in Harare yesterday as private transporters return following Government’s lifting of their ban to improve the transport situation. — Picture: Joseph Manditswara Ivan Zhakata Herald Correspondent Public transport improved significantly yesterday as private companies and kombis […]
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Warren Hills Golf Club upgrading on course
Source: Warren Hills Golf Club upgrading on course | The Herald Mr Michael Chideme Herald Reporter Harare City Council has said the Warren Hills Golf Course is set to be redesigned into a world-class golf club disputing claims that it will be merely turned into residential and commercial stands. The club is set […]
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