Engineering concern, Zeco Holdings’ woes persisted during the first half of 2020 ended June 30 after posting a loss of ZWL$$2.766 million due to increased production costs stemming from the hyper-inflationary environment. In September, the Group announced that its total current liabilities (ZWL$6,347 582) for the
KARIBA- African governments' failure to negotiate favorable mining contracts is the major factor behind their manipulation by Multi-National Corporations, who heavily invest in aggressive tax planning resulting in Illicit Financial Flows (IFFs), Tafadzwa Chikumbu from Transparency International Zimbabwe (TIZ) has said. Chikumbu made the remarks on
Government has justified the recent targeted arrests of MDC-Alliance (MDC-A) councilors as part of measures to rein in on errant activities being perpetrated in most urban authorities across the country. In an interview with 263Chat earlier this week, Permanent Secretary in the Ministry of Information, Publicity
A local human rights pressure organisation, ZimRights has set the tone for a post COVID-19 human rights centred recovery plan. The country imposed a national lockdown to curb the spread of the Covid-19 pandemic in March 2020 however, the period was marked by arbitrary arrests of
Nine armed robbers made away with property worth more than US$12 000 when they pounced on a house in Rusape earlier this week. The unidentified men robbed a house belonging to the opposition party leader, Herbert Chamuka of Ideas Party of Democracy (IPD). One of the victims
HARARE - Leading financial services institution, Stanbic Bank has been awarded the 2020 Bank of the Year 2020 accolade for the second year running by top banking magazine - The Banker. Given the travel and social distancing constraints imposed this year by the COVID-19 pandemic, the
Independent Norton legislator Temba Mliswa has accused the current parliament of being incompetent and lacking commitment to make the committee system effective by not following up on recommendations made to the executive and government departments. Mliswa was speaking in parliament where he accused parliamentarians of incompetence
Trial date for opposition leader Nelson Chamisa's ally, advocate Thabani Mpofu has been set for 10 February 2021
Warriors coach Zdravko Logarušić has named a 34-man provisional squad for the 2021 Chan finals to be held in Cameroon from January 16 to 7 February 2021. The tournament will be held in Cameroon with Zimbabwe who are in group A which also has Mali and
President Emmerson Mnangagwa has urged industry to embrace the government’s education 5.0 model within tertiary institutions for import substitution. Under Education 5.0, Zimbabwe’s state universities must launch into outcomes-focused national development activities towards a competitive, modern and industrialized Zimbabwe. It is now all about problem-solving for
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