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Highveld turns to property

The company will be renamed Highveld Properties (Private) Limited, according to a government gazette of July 24.The changeover effectively marked an end to the discount house sub-market after two other players, the National Discount House and Tetrad, quit the sector last year to operate as merchant banks.Highveld managing…

ZHL share price on free fall

Market watchers said such concern had gained currency after a similarly-specified executive for Kingdom Meikles Africa John Moxon was allowed to vote at a recent extraordinary general meeting (EGM) of the company, at which a de-merger of the group was proposed.They alleged the selective application of the law…

Doctors’ strike spreads

Patients were reportedly being turned away at most major government hospitals in and around the country because of the absence of both junior and senior doctors who are demanding better remuneration and conditions of service.Brighton Chizhande, president of the Zimbabwe Hospitals Doctors Association, confirmed yesterday that the strike,…

AirZim on the verge of collapse

AirZim’s board has already sent early signals to the parastatal’s 1 420-strong workforce that the airline could suffer the same fate as Tanzania Airways or Aero Zambia, which collapsed under heavy debts if no solution is found to rescue the passenger carrier.Developments at the airline confirm desperate attempts…

VP Msika dies

He was 86.VP Msika passed on at West End Clinic in Harare early yesterday morning after succumbing to an undisclosed ailment.His health had deteriorated rapidly on Monday, forcing President Robert Mugabe to visit him at the hospital in the wee hours of Tues-day.Doctors said VP Msika had to…

Prisoners denied justice

At the Harare Magistrate Courts, for instance, under normal circumstances about 200 cases should be handled per day, but presently just a little under 20 cases are being heard. Judge President Rita Makarau confirmed that the number of inmates who have been denied justice since the beginning of…