November 28, 2024
DRAG racing is a motor sport growing in popularity in Zimbabwe. The event, sponsored by mobile giant Telecel, is held at Doonybrook Race Track at the outskirts of Harare and attracts big motor fanatics. The love of drag racing among Harareans has prompted the sponsors to host the…
THE government will, starting on July 28, introduce daily levies for all informal traders in the capital along with a crackdown on vendors operating from undesignated sites, in an aggressive cash collection push amid tightening state revenues. A high-level meeting between security officials and the Harare City Council,…
THE Zimbabwe-European Business Information Centre (Zim-EBIC) will be inaugurated in Harare on August 1 2014 jointly by the Minister of Industry and Commerce, Mike Bimha, and the Head of the European Union Delegation in Zimbabwe, Ambassador Aldo Dell’Ariccia. This follows the successful launch of the €3 million facility…
GOVERNMENT expects rehabilitation of the Beitbridge-Harare-Chirundu highway, one of Southern Africa’s busiest roads, to start before year end, the Financial Gazette’s Company & Markets (C&M) has established. This was disclosed by the Transport and Infrastructural Development Deputy Minister, Petronella Kagonye in a recent interview with C&M in Victoria…
FOOD processor Colcom Holdings has entered the Angolan market as it seeks to boost its capacity utilisation to 100 percent, from the current 55 percent. The company expects the Angolan venture to also increase its after-tax profit by over 100 percent after a year. Group chief executive officer,…
MUSICAL genius and mbira songstress, the late Chiwoniso Maraire on July 24, the first anniversary of her death, will become the first artist to be incorporated into the Book Café’s Hall of Fame. The posthumous award, an affirmation of Chiwoniso’s musical brilliance, is a sparkle in the…
ZIMBABWE says it is targeting to attract at least five percent of 100 million Chinese tourists who travel the world per annum. The target is part of the southern African country’s strategy to grow the tourism industry, which, according to Tourism and hospitality Industry Minister, Walter Mzembi, has…
WINTER seems like an appropriate time to discuss a depressing subject, what with the discomfort of an inclement weather and the common bugs of the season. But there is that depressing news on the market, and it is the almost extinction of department stores in the retail…
MINISTERS are undermining Parliament by absconding scheduled question times in the august House, the Financial Gazette can report. Last Wednesday, the question time in the National Assembly was almost stalled because of the ministers’ absence. Olivia Muchena, Minister of Higher and Tertiary Education, Science and Technology Development, and…
DISGRUNTLED ZANU-PF members are planning to submit a petition to the party’s elections directorate in protest against stringent rules and regulations approved by the Politburo last Friday to govern elections to the women and youth league positions. The Politburo, ZANU-PF’s highest decision-making body outside of congress, last week…
