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Zanu-PF, MDCA to share $8m

Zanu-PF and MDC-Alliance will share $8 million allocated to political parties by Treasury under the Political Parties Finance Act. Finance and Economic Development Minister Professor Mthuli Ncube set aside the $8 million in the 2019 National Budget he presented in Parliament in November. The figure is higher than last year’s …

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Parly begins TNF Bill consultations

Farirai Machivenyika Senior Reporter Parliament has begun public consultations on the Tripartite Negotiating Forum Bill that seeks to provide a platform for consultations on socio-economic issues between Government, business and labour. The Bill is among prospective laws that were enunciated by President Mnangagwa when he delivered his State of the …

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Govt Partially Fulfils Doctors’ Demands

By Sibongile Maruta GOVERNMENT met striking doctors yesterday and urged them to resume work as some of their grievances had been addressed. Health and Child Care Minister Dr Obadiah Moyo met the Zimbabwe Hospital Doctors Association, the Health Service Board (HSB), the Zimbabwe Medical Association (ZIMA) and the Apex Council. …

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Intratrek Wins $25m Zpc Lawsuit

The Zimbabwe Power Company (ZPC) has lost a High Court case in which local private firm, Intratrek Zimbabwe, had sought an order declaring a multi-million dollar contract signed between the parties on the Gwanda solar project valid or alternative payment of $25 million damages for contract breach. This comes after …

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Natpharm to Open Retail Outlets

By Sibongile Maruta The National Pharmaceutical Company (NatPharm) will open retail pharmacies soon to ensure drugs are sold at affordable prices in flexible currency and not specifically the United States dollar, Health and Child Care Minister Dr Obadiah Moyo has said. Speaking after touring the NatPharm warehouse in Harare yesterday …

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Suspended Zbc Boss Contests $1m Suit

By Daniel Nemukuyu Suspended ZBC head of News and Current Affairs Tazzen Mandizvidza, who is being sued for $1 million by his employer, wants the public broadcaster to furnish him with further particulars of the suit, saying allegations against him were “vague and embarrassing”. ZBC recently slapped the journalist with …

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Seed Co Invests Us$10m in Dryers

By Enacy Mapakame ZIMBABWE’s largest seed producer, Seed Co Limited is investing US$10 million towards development of seed-drying facilities to expedite delivery of seed to the market and reduce losses. The seed-drying technology, to be piloted in Zimbabwe first before being introduced in Seed Co’s other regional markets, is expected …

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Barcelos Opens Shop in Harare

By Princess Ncube South African fast-food giant Barcelos Flame Grilled Chicken restaurant is set to open its first Harare branch this week, following the opening of another outlet in Bulawayo. Barcelos is a renowned international restaurant worldwide famous for marinated Portuguese styled peri-peri chicken. Company director Benson Muneri said the …

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Aurex Revises Pricing Structures

JEWELLERY consumers are warming up to Aurex (Pvt) Limited’s new pricing structure of 70 percent foreign currency and 30 percent RTGS, bond notes or mobile money, amid indications that the firm recorded sales of US$30 000 in November. Aurex, a top jewellery manufacturer set up in 1992, revised its pricing …

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Ecobank Gives Back to Society

By Africa Moyo ECOBANK Zimbabwe officials have invested thousands of dollars back into the community in line with the pan-African financial institution’s philosophy. The bank’s staffers recently spent a day at Mother of Peace Children’s Home in Mutoko and Sigombe Primary School in Nkulumane, Bulawayo. At Mother of Peace Children’s …

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