Business

Econet partners AU in Elevate Youth initiative

LEADING mobile network provider, Econet’s youth empowerment programme, Elevate Club, in partnership with Africa University launched the Elevate Youth i5 Club at a ceremony held last week at the institution. The launch event formally marked the coming of the Elevate youth programme to Manicaland. Speaking at the event, Econet chief operating officer, Mr Fayaz King, paid tribute to the varsity’s ...

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Air Zimbabwe fails to take off, scores stranded

Scorees of travellers were left stranded at the Robert Gabriel Mugabe International Airport after an Air Zimbabwe flight destined for Johannesburg failed to take off yesterday morning. Air Zimbabwe’s marketing and planning manager Runesu Kwaramba confirmed the development to the Daily News, but said it was just a mere delay, as the plane took off later in the day. “It ...

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Tobacco now under Command Agriculture

The 2018 tobacco season started yesterday with Acting President Retired General Constantino Chiwenga indicating that tobacco will now be covered under the Command Agriculture Programme. “I am elated to report that Government has extended the Tobacco Contract Model to the same category, Special Maize Production programme commonly known as Command Agriculture, which recently has been extended to cover wheat, soya ...

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Mohadi assesses state of Bulawayo firms

VICE President Kembo Mohadi has pledged to engage the Reserve Bank of Zimbabwe (RBZ) and foreign investors to revive Bulawayo industries. The VP yesterday visited some companies in Bulawayo for an assessment and to come up with strategies to revive them. He went to the Tshova Mubayiwa terminus in Belmont where Arckrock Trading is planning to construct a state of ...

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Mnangagwa off to Botswana to tour project that closes out Zimbabwe

President Mnangagwa travels to Botswana today where together with that country’s President Seretse Ian Khama and Zambian leader Edgar Lungu they will assess progress made on the construction of the Kazungula Bridge. The bridge will connect eight countries. It is situated where borders of four countries – Zimbabwe, Botswana, Zambia and Namibia – meet. The bridge links Botswana and Zambia ...

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Mtukudzi to perform on board fastjet’s flight this Friday

This Friday 9 March 2018 fastjet and music legend Dr. Oliver Mtukudzi will host a Zimbabwean first when the superstar performs at 34 000 feet, on a fastjet flight, between Harare and Victoria Falls. ‘Tuku’ will deliver an acoustic set comprising tracks from his new album titled Hany’ga (Concern); the collection of newly penned songs was initially launched on 7 ...

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Nkosinathi Ncube appointed NetOne MD

NETONE has appointed Mr Nkosinathi Ncube as its Managing Director MFS, becoming the defacto preferred head of mobile financial services in Zimbabwe, after landing his third title at NetOne, which is the same post he had beenn running at Econet Wireless Zimbabwe and Telecel Zimbabwe as well. Ncube is well known in the Mobile money Financial Services after taking a ...

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Mnangagwa’s $3bn FDI yet to be earned

President Emmerson Emmerson Mnangagwa’s claims that Zimbabwe has earned foreign direct investment (FDI) commitments totalling $3 billion over the past 100 days, must be properly put into perspective, analysts have said. Financial research firm Equity Axis said in terms of actual numbers, Zimbabwe received FDI of just half a billion dollars in 2017 which was an improvement on the 2016 ...

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Zimbabwe reaches out to foreign investors

A HIGH-POWERED Zimbabwean delegation will be off to London next week for a conference, as the investment-starved country moves to lure foreign investors. The two-day Zimbabwe London Investment Forum, Zimdaba London 2018, which runs between March 15 and 16, brings together business leaders and investors from the United Kingdom and Europe to discuss and action investment opportunities in Zimbabwe. The ...

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Implement reforms first: US tells Mnangagwa

United States of America has told the new Zimbabwean government to implement a raft of reforms if they are to work America. In a telephonic press briefing from Washington DC, Acting Assistant Secretary of State Don Yamamoto said although at the moment, relations between Zimbabwe and America are subdued, they would love to do more. “We want to see a ...

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