Day: November 10, 2023
Zim lures Saudi investors
PRESIDENT Mnangagwa arrived here yesterday to attend the Saudi Arabia-Africa summit where he will engage an array of investors from the oil-rich country as well as have a one on one meeting with Saudi ruler, King Salman bin Adulazizi, as part of his bilateral engagements. Last month, a high-powered delegation from Saudi Arabia led by […]
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Delta delivers strong half-year performance
DELTA Corporation, Zimbabwe’s largest beverages maker, delivered a strong performance for the six months ended September 30, 2023, after recording volume growth across business units, which positively impacted revenue, profit and foreign currency sales. Lager beer volume grew by 13 percent compared to the same period last year, with the new packaging line commissioned in […]
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‘Load shedding to end by monthend’
HWANGE Power Station’s Unit 7, which has a capacity to generate 300MW but is undergoing maintenance, will be back online in the next three weeks. In addition, negotiations are underway to increase electricity imports while the rehabilitation of Units 1 to 6 at Hwange Power Station is being speeded up to boost electricity supplies and […]
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NPA gets down to serious business
THE speedy conclusion of high-profile cases appears to be the new norm under the country’s new Prosecutor-General, Justice Loice Matanda-Moyo, who was appointed last month and promised to introduce “a culture of concluding cases”. The conviction of high-profile cases including former Deputy Finance Minister Terrence Mukupe and Zimbabwe Miners Federation president Henrietta Rushwaya has since […]
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CCC crisis deepens, confirms internal contradictions
THE crisis in the opposition CCC is deepening and broadening, with senior members and advisors to CCC leader Mr Nelson Chamisa publicly firing political salvos and diatribes interpretively directed towards former legislators and what are supposed to be his two deputies, Mr Tendai Biti and Professor Welshman Ncube. The two ex-legislators have been on the […]
Read More Zim lures Saudi investors
PRESIDENT Mnangagwa arrived here yesterday to attend the Saudi Arabia-Africa summit where he will engage an array of investors from the oil-rich country as well as have a one on one meeting with Saudi ruler, King Salman bin Adulazizi, as part of his bilateral engagements. Last month, a high-powered delegation from Saudi Arabia led by […]
Read More