The resumption of Nigeria’s domestic league has been postponed indefinitely amid a leadership crisis currently rocking the country’s football. Chris Giwa, founder of a rival faction in the Nigerian Football Federation (NFF), armed with a court ruling from 2014, is now claiming to control the governing body. His assertion comes despite serving a ban imposed by football’s…
THE Zimbabwe Stock Exchange (ZSE) is looking for a substantive chief executive officer (CEO) following the dismissal of Alban Chirume who was in suspended in January last year. Chirume was suspended for allegedly sanctioning a listed entity’s cash call, despite reservations from the listing committee. Martin Matanda is been acting CEO February last year. Speaking…
MUTARE — Zimbabwe has tightened its grip on 16 percent of tariff lines on imported goods within the Southern African Development Community (SADC) region in a bid to protect and revive its fragile industrial sectors, the Competition and Tariff Commission (CTC) has revealed. CTC director Ellen Ruparanganda said out of 6 380 tariff lines issued…
THAT Zimbabwe’s economic future is dependent on the outcome of the elections in just over two weeks is clear for everyone to see. An undisputed, globally endorsed election outcome could result in an economic take off, regardless of who wins between the top contenders, Nelson Chamisa, the candidate for the opposition Movement for Democratic Change…
DIVERSIFIED insurance group, Nyaradzo Life Assurance Company, has once again redefined the funeral assurance space by launching a pioneer product, the Sahwira International Plan (SIP), offering air transport, accommodation and transportation for Zimbabweans in the diaspora. Over the last 17 years, Nyaradzo has produced innovative solutions that have redefined the domestic funeral industry. In 2001,…
NICKEL and chrome rebounded in the first three months of the year, buoyed by recovering international prices, the Reserve Bank of Zimbabwe (RBZ) has said. Latest central bank data indicates that nickel output in the first quarter of 2018 ― at 4 747 tonnes ― was 18 percent higher than the 4 010 tonnes produced…
WHEN his daughter was born in 1989, Misheck Tshuma opened an endowment policy with a local life assurance firm. He was positive he would not be forced to fork out university fees in his old age. But 19 years on in 2008, everything he had spent years putting aside for his daughter’s tertiary education was…
TOURISM and hospitality group African Sun’s revenues have continued to grow on the back of increased foreign arrivals, managing director Edwin Shangwa has revealed. Shangwa told shareholders at the group’s 46th annual general meeting last week that the company’s revenue had grown by 30 percent during the first five months of 2018. He attributed the…
ZIMBABWE Stock Exchange-listed gold producer Falcon Gold (Falgold) says the local gold production industry could grow significantly if government effects reforms on the tariff and tax regime. The country’s mining sector, which is awaiting the enactment of a new law, is struggling to stay afloat due to a plethora of high taxes and royalties that…
ECOCASH plans to further reduce its tariffs soon, the mobile money service’s chief executive officer Natalie Jabangwe-Morris has revealed. Speaking at the launch of EcoCash’s dedicated business wallet in Harare last week, Jabangwe-Morris said the mobile money service was planning to slash its tariffs again this year before the elections which are scheduled for July…
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