Business

How #Zimbabwe housemaid became a nursery school owner

MUTARE – Thanks to her passion and persistence, this young woman has elevated her position from being an uneducated house maid to the educated owner of a successful nursery school. Joyce Tekeshe – I want to encourage other women to take heart and to pursue their life dreams. The third …

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#Zimbabwe HEALTH and Child Care Ministry Blows US$1,3 million on obsolete, unusable medical equipment.

HEALTH and Child Care Ministry officials spent US$1,3 million on obsolete, unusable medical equipment. The equipment was bought under Government’s Targeted Approach initiative meant to boost health delivery. In her 2013 report, Comptroller and Auditor-General Mrs Mildred Chiri said: “The ministry received non-functional medical equipment valued at US$1 369 850 …

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#Zimbabwe lost $12 Billion in illegal diamond trading

ZIMBABWE has lost an estimated $12 billion through illegal trade involving multinational companies from rich countries involved in the mining sector here. The amount siphoned off is enough to pay off the country’s total debt– estimated at just under $10 billion. A new report, entitled Capital Flight, Natural Resources and …

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Brainworks Capital acquisition of Telecel #Zimbabwe Collapses

Brainworks Capital Pulls Out from acquisition of Telecel #Zimbabwe. Brainworks Capital Management was set to acquire a 40% stake in Telecel Zimbabwe currently held by the Empowerment Corporation (EC) in a transaction which could end the protracted share wrangle in the indigenous investment vehicle. Brainworks  made an offer for the 40 percent …

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#Britain funds #Zimbabwe farmers to boost yields

HARARE, March 19 (Xinhua) — Zimbabwe got a shot in the arm Thursday when the United Kingdom’s Department for International Development (DFID) launched a 72 million U.S. dollars four-year program to boost agricultural productivity by small holder rural farmers. Head of DFID Zimbabwe Annabel Gerry said the program will increase …

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