Shelter Afrique, CBZ Sign US$15m Housing Development Deal
DT Correspondent Financial services group CBZ Holdings Limited (CBZ) has signed a US$15 million credit facility from Shelter Afrique Development Bank (ShafDB) for housing development and mortgage origination. CBZ Holdings group chief executive officer Lawrence Nyazema said the financial injection would further strengthen the bank’s position in the real estate sector. “We see ourselves partnering […]
Innscor, Simbisa Brands Invest US$2.2 Million in Marondera School
By Staff Reporter INNSCOR Africa and Simbisa Brands contributed over US$2.2 million towards the construction of USAP Community School on a permanent site located west of Marondera, near Ruzawi School. The school, which takes in brilliant economically-disadvantaged students for A’ level education, previously ran on leased premises in Goromonzi before it was relocated to the […]
Property X now trading on FINSEC platform
By Staff Reporter HARARE – THE Financial Securities Exchange (FINSEC) has announced the admission of Property X as a quoted security on its Mutual Funds Board, offering a groundbreaking opportunity for investors to tap into property development projects. Property X, managed by Southpeople Capital Asset Management, provides a unique “pay-as-you-go” property acquisition option, allowing individuals […]
Chaos Erupts as Renegade ZANU-PF Youth Leader Zvomuya Doubles Down on Defiance After Bail Release
DT Correspondent in Shamva In a shocking display of political defiance, Zvomuya, a controversial figure within the ruling ZANU-PF party in Mashonaland Central has vowed to defy a court order and stage an unsanctioned demonstration just a day after being granted bail, putting him on a direct collision course with President Emmerson Mnangagwa’s administration. Immediately […]
Zimbabweans Unite in Protest Against Israeli Treatment of Palestinians
Staff Reporter The Zimbabwe Interdenominational Churches held a World Day of Prayer event at the Anglican Cathedral on Wednesday, using the occasion to vehemently condemn what they describe as the “genocide” of the Palestinian people by Israel. While the World Day of Prayer is traditionally celebrated on the first Friday of March, communities often choose […]
Digital Health Solution to Revolutionise Healthcare Access
Health Reporter A groundbreaking digital health solution set to improve access to medication for thousands of people in African semi-rural areas is set to be unveiled on August 1, 2024. Developed by Dr Esperance Luvindao, MENGA aims to bridge the healthcare gap between urban and rural populations by allowing patients to consult with doctors and […]
Bishop Eric Ruwona Exonerated in Mission Fund Controversy
DT Correspondent In a major legal victory for the Anglican Diocese of Manicaland, Bishop Eric Ruwona and five members of the diocesan standing committee were yesterday acquitted of violating the Education Act by charging a “mission fund” to students enrolled in the diocese’s church-run schools. The accused individuals, which included standing committee members Walter Majoni, […]
Shamva Mob Unleashes Reign of Terror on Mine Workers
… name-drops first family name By Staff Reporter Shamva, Zimbabwe – A group of hooligans masquerading as ZANU PF members have been accused of unleashing a violent attack on 46 mine workers at Element Minerals in Shamva, as they allegedly seek to illegally seize control of the mining operation. The incident occurred after the group, […]
Bulawayo Businessman Faces Theft Charges
A Bulawayo businessman, Mohamed Daka (47), has been accused of theft under Section 113 (1) of the Criminal Law Codification and Reform Act Chapter 9:23. Sheng AN Mining, a registered mining company based in Hope Fountain, Umguza, has pressed charges against Daka for allegedly attempting to seize control of the company’s assets. According to the […]
Zim Agricultural Show Dates Set
By Staff Reporter The 114th Zimbabwe Agricultural Show will run from August 26 to 31 in Harare, the show’s organizers announced today. The annual event, a cornerstone of the country’s agricultural calendar, will showcase the sector’s innovations, achievements, and contributions to the economy. Zimbabwe Agricultural Show (ZAS) Chief Executive Officer Dr Andrew Matibiri said there […]