Property investment and developer, First Mutual Properties Limited revenue for the first quarter to March 2021 grew 411 percent compared to the same period in the prior year to reach ZWL$ 90,172 million, driven by rent reviews, higher turnover rentals and the occupancy level. The property
Government has given Harare informal traders operating on road servitudes up to Sunday to vacate and remove their properties in line with the Roads Act. The Road Act in section 48 states that it is prohibited to trade on roads unless with written permission from the
President Emmerson Mnangagwa yesterday pledged to intensify the fight against corruption saying his administration is reorienting all sectors of the economy including the public, private, and non- governmental institutions towards a culture of honesty, accountability and transparency. In a virtual address at the ongoing United Nations
MUTARE- Local authorities are facing viability challenges due to pilling domestic debt mostly owed by private businesses, parastatals and government entities, Mutare City Deputy Mayor Kudakwashe Chisango has revealed. For Mutare City Council this debt has ballooned to US$74 million in outstanding debts by residents and
The government has challenged women to link themselves to bigger export markets in order to fully participate in the economic development of the country. Addressing the Spotlight Light Bulb Moments-4th Edition today, Minister of Women Affairs Small & Medium Enterprises Sthembiso Nyoni said women should be
The CBZ Holdings (CBZH) board will pay a final dividend of ZWL 287.37 cents per share to its shareholders, amounting to ZWL$ 1.5 billion for the year December 2020. A separate dividend announcement with entitlement dates will be published soon, said Group chairman, Marc Holtzman. “The Board
Harare North legislator Norman Markham has castigated Local Government and Public Works Minister July Moyo saying he has failed to uphold the Constitution. In his answering affidavit in a matter in which he is seeking reversal of a land deal between the City of Harare and
MDC Alliance Secretary General Chalton Hwende says the ruling Zanu PF party is in panic mode following the launch of the Agenda 2021 program by the opposition party president, Nelson Chamisa. In a statement, Hwende said the ruling party was using state media to suggest that
The latest legal instrument -Statutory Instrument (S.I) 127 of 2021 meant to address exchange rate distortions by penalizing businesses not consistent with the ruling rate on the foreign currency auction market will create American dollar (USD) inflation and lower formal sector USD sales, the Confederation
The Chinese made Sinovac-CoronaVac COVID-19 vaccine was yesterday approved for emergency use giving countries, funders, procuring agencies and communities the assurance that it meets international standards for safety, efficacy and manufacturing. The vaccine is produced by the Beijing-based pharmaceutical company Sinovac. Already in use in Zimbabwe and
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