National Foods on solid financial performance

Nqobile Bhebhe, nqobile.bhebhe@chronicle.co.zw NATIONAL Foods Limited says its core, established business units delivered a solid performance for the six months ended December 31, 2023 placing the group’s financial position in an extremely solid trajectory, closing the period at US$22,9 million. It said the investment in working capital was reduced significantly on the back of a […] …
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Russia donates 48K tonnes wheat, fertiliser 

Source: Russia donates 48K tonnes wheat, fertiliser -Newsday Zimbabwe RUSSIA yesterday donated 25 000 tonnes of wheat and 23 000 tonnes of fertiliser to Zimbabwe. The donation which was handed over by ambassador of the Russian to Zimbabwe, Nikolai Vladimirovich Krasilnikov, was officially received by President Emmerson Mnangagwa at the Grain Marketing Board depot in […]
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‘Harare stashing ZWL$2,6b Zinara funds’ 

Source: ‘Harare stashing ZWL$2,6b Zinara funds’ –Newsday Zimbabwe HARARE City Council (HCC) officials are allegedly sitting on ZWL$2,6 billion dollars dispatched last year by the Zimbabwe National Road Authority (Zinara) for road works, amid concerns of high levels of corruption in the local authority. This emerged when a local company, Furbank Trading, which was contracted […]
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Vendors threaten to sue HCC over violence 

Source: Vendors threaten to sue HCC over violence -Newsday Zimbabwe INFORMAL traders have threatened to sue the Harare City Council (HCC) for using severe force during raids against suspected illegal vendors. This follows a video circulating on social media showing Harare municipal police bludgeoning a vendor whose goods they had confiscated.   In a statement, […]
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CID officer loses appeal against 30-year sentence 

Source: CID officer loses appeal against 30-year sentence -Newsday Zimbabwe A FORMER Criminal Investigation Department (CID) officer has lost a Supreme Court appeal against his 30-year sentence for unlawful entry and murder. The Supreme Court bench composed of Justice Chinembiri Bhunu, Nicholas Mathonsi and Alphas Chitakunye, however, found Herbert Learnmore Chikiwa not guilty of unlawful […]
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