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Econet near to launching pay TV service called ipidi

Econet Wireless, it is emerging, will be launching a new subscription and “pay as you go” TV service called ipidi in the coming weeks to few months. A job advert for a marketing director that the company posted to its website last week Wednesday shows the company is looking to …

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Air Zimbabwe Managers Indicted In $10m Insurance Scam

VENTURES AFRICA – A board which runs the state-owned Air Zimbabwe has called for the arrest of more senior managers of the airline implicated in the aviation insurance scam involving more than $10 million. Three other Air Zimbabwe senior managers, including company secretary Grace Pfumbidzayi, general manager Innocent Mavhunga and …

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OK Zimbabwe reports a decline in profitability for FY2014

Giant retailer OK Zimbabwe yesterday reported a decline in profitability for FY2014 as overheads increased and deflationary pressures weighed heavy. Profit for the year ended March 31, 2014 amounted to $9,68 million compared to $12,3 million in the prior year. Basic earnings per share was 0,85 cents down from 1,19 …

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Government sets up ZimAsset aid coordination committee

Government has set up a committee on Aid coordination which will oversee all aid that comes into the country and how it is utilised. This was said by Finance Minister Patrick Chinamasa at a signing ceremony of an infrastructure grant from the Danish government to Zimbabwe this morning. Denmark has …

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