Business

By Nyemudzai Kakore Government has exhorted striking nurses to go back to work without any further delay to allow it time to work on their grievances. In a statement yesterday, Health and Child Care Minister Dr David Parirenyatwa, who said Government has acknowledged the nurses’ grievances as “genuine and valid”, …

Brainworks Capital founder and former director George Manyere has moved to claim $2,75 million owed by businessman Dr James Makamba’s investment vehicle Kestrel Corporation, which was securitised by shares in Empowerment Corporation. Empowerment Corporation holds 40 percent in Telecel Zimbabwe. The demand for $2,75 million from Dr Makamba comes at …

The City of Harare says it has spent approximately $20 million on rehabilitation of the city’s road network with more than 80 kilometres having been tarred already. In a video posted on the City of Harare’s Facebook page, director of works Engineer Zvenyika Chawatama said the bulk of the roads …

By Danai Majaha The SADC Secretariat is developing a legal instrument that will improve the policy environment for industrial development and support implementation. The development of a regional industry protocol should strengthen the economies of countries in the Southern African Development Community (SADC) and ensure that they are driven by …

By Paidamoyo Chipunza and Sibongile Maruta There was chaos at Chitungwiza Central Hospital yesterday as patients manhandled striking nurses, demanding that they be attended to since they had paid consultation fees. Nurses embarked on a nationwide strike yesterday demanding rationalisation of their salaries, which they claim were less than those …

Business Reporter ZIMBABWE Stock Exchange listed beverage manufacturer, Delta Corporation, revenue grew by 18 percent in the year to March 2018 driven by growth in larger, sparkling beverages and sorghum beer volumes, the company reported in a trading update. According to the trading update for the fourth quarter and full …

Business Editor Brainworks Capital founder and former director George Manyere has moved to claim $2,75 million owed by businessman Dr James Makamba’s investment vehicle Kestrel Corporation, which was securitised by shares in Empowerment Corporation. Empowerment Corporation holds 40 percent in Telecel Zimbabwe. The demand for $2,75 million from Dr Makamba …

Ruth Butaumocho Arts Correspondent Three of Zimbabwe’s top gospel artists are expected to illuminate the album launch of gospel crooner Mathias Mhere to be held at the 7 Arts Theatre in Avondale in Harare on Friday. Renowned music choral group, Vabati VaJehovha will also be part of the star studded …

Econet Wireless has obtained a licence to generate power to meet the electricity and energy needs at its Willowvale premises in Harare, according to a notice carried in the media. The Willowvale complex is a major hub for Econet’s switching and network operations infrastructure. The licence notice, which was issued …

By Martin Kadzere ZIMBABWE has put on hold plans to undertake a wind resource measurement exercise on three sites with highest energy potential, as the price bids received from companies that tendered to carry out the feasibility study were deemed too high. The Zimbabwe Energy Regulatory Authority (ZERA) last year …