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Zinara increases disbursements to road authorities

Staff Writer01.2K views

THE Zimbabwe National Road Administration (ZINARA) reported a significant improvement in budget utilisation by road authorities, following the disbursement of ZWG 4.7 billion in 2024. This enhanced efficiency has been attributed to strengthened revenue assurance mechanisms and an expanded scope of special public interest projects requiring increased funding. A schedule of actual disbursements published by…

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Djokovic player union begins legal action against tours

Staff Writer01.3K views

The players’ union co-founded by Novak Djokovic has begun legal action against tennis’ governing bodies, citing “anti-competitive practices and a blatant disregard for player welfare”. The Professional Tennis Players’ Association (PTPA) has filed papers at the United States District Court in New York, where it is seeking a jury trial. The 163-page lawsuit, which has…

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Chelsea tackle tout with ‘340 memberships’

Staff Writer01.4K views

Chelsea have sent an email outlining their battle against ticket touts, including action against one who had “340 memberships”. The club have sent an email to assure supporters that they take touting “seriously” and to “re-emphasise the robust action we are taking every day as a club to tackle this and stop those participating in…

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USD sales buoy Simbisa

Elton Manguwo, Staff Writer01.7K views

VICTORIA Falls Stock Exchange (VFEX)-listed fast-food and quick-service restaurant operator Simbisa Brands has reported that 80 percent of its sales are in foreign currency, a strategy that has insulated its operations from the ongoing liquidity crunch in the economy.In a trading update, chief executive, Basil Dionisio explained that to counter the devaluation of the ZiG…

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