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CFI narrows loss from $6.1 million to $273 000
CFI Holdings has narrowed its after-tax loss to $272 784 in the six months to March 31, from a $6.1 million loss incurred in the prior half year-end, supported by…
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Smallholder fish farmers cry foul over regulatory fees
Fish farmers in Masvingo say the industry is under threat from high regulatory fees which are demanded by different government departments. “Most of the dams are constructed by the local…
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Willdale proposes to sell 190 ha. to raise $4.75 million
Brickmaker Willdale Limited is seeking shareholder approval to dispose of 190.1 hectares of its land that is currently not suitable for mining clay used in brick manufacturing, for $4.75 million…
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Zhuwao says those who demonstrated against Kasukuwere are idiots, Mnangagwa misfired
President Robert Mugabe’s nephew Patrick Zhuwao has described Zimbabwe African National Union-Patriotic Front members who demonstrated against national political commissar Saviour Kasukuwere as idiots. He also said Vice-President Emmerson Mnangagwa…
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There are still very big ifs about Zimbabwe’s opposition coalition
On 19 April, two of Zimbabwe’s most prominent politicians agreed to join forces to unseat President Robert Mugabe. With next year’s elections almost in sight, former Prime Minister Morgan Tsvangirai…
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Is Chamisa really questioning Mujuru’s usefulness to coalition?
Movement for Democratic Change vice-president Nelson Chamisa is reportedly arguing that National People’s Party leader Joice Mujuru should not be given a leading role in the proposed coalition because she…
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RioZim gold mines output at 60 percent of capacity
RioZim’s three gold mines are producing about 137 kilogrammes of the precious metal monthly — 59 percent of capacity — officials said, highlighting the urgent need for fresh investment to…
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Mzembi tries to save face after UNWTO loss
Tourism Minister Walter Mzembi who yesterday lost the United Nations World Tourism Organisation post of secretary-general says the Zimbabwe brand was the major victor. In what appeared to be a…
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ZANU-PF politburo likely to discuss Kasukuwere’s case on Wednesday
The Zimbabwe African National Union-Patriotic Front’s politburo is likely to discuss national political commissar Saviour Kasukuwere’s case on Wednesday next week. The party’s 10 political provinces expressed a vote of…
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Vingirai ousted from ZB board in high-noon showdown with NSSA
Nicholas Vingirai’s return to high finance suffered a dramatic setback when ZB Financial Holdings shareholders voted against his re-election to the board following a charged confrontation with institutional investor NSSA…