Day: July 28, 2017

Industrial counters dominate ZSE trading

Trading on the Zimbabwe Stock Exchange ended on a strong note with the industrial counters dominating trading. The industrial index gained a further 0.84 points to settle at 202.06 points while the mining or resources index was unchanged. Econet advanced by an additional 1.08 cents to close at 39.18 cents, Simbisa was up by 0.70 cents to end at 22.50 cents while Seedco put on 0.69 cents to 138.25 cents. Afdis closed at 60.00 cents after a 0.50 cent increase. There were no trades in the negative. Week on week the industrial index went up by 2.02 points. The...

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Benjani goes on talent search spree

Former Warriors striker Benjani Mwaruwari is searching for Zimbabwe’s next lethal striker. The man formerly known as the ‘Undertaker’ has gone to the grassroots in Mberengwa on a talent scouting mission. Benjani who was guest of honour at the Mberengwa West 2017 schools sports gala said he wants to give young people a chance to showcase their abilities through his academies. The Former Warriors forward said he is on a mission to find the next Peter Ndlovu whom he wants to groom from an early age. A brainchild of Mberengwa West legislator Dr Joram Gumbo, the three day sports...

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Party leaders warned against imposing themselves

The President Cde Robert Mugabe has stressed the need for aspiring leaders to wait for the people to choose them and desist from imposing themselves on the electorate. Speaking at the Zanu PF Women’s League assembly meeting at the Zanu PF headquarters in Harare this Thursday, Cde Mugabe said Zanu PF has a long history and tradition of leaders who came from the people from its inception. The President expressed disappointment with some cadres who have departed from party principles by fanning factionalism in order to satisfy their thirst for power. Certain individuals are given favours by some at...

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Gwayi-Shangani dam project begins

The government has allocated US$20 million to cover the costs of the initial works of the Gwayi-Shangani dam project, paving way for the contractor to move on site. The initial stages of the much awaited Gwayi-Shangani dam which requires a total of US$2 billion have kicked off following the mobilisation of resources . The US$20 million will cover the design, excavations,  surveys as well as the rehabilitation of roads among other expenses. According to the Permanent Secretary in the Ministry of Environment, Water and Climate, Mr Prince Mupazviriho, the project which is expected to be completed after five years,...

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Govt launches national health plant programme

The realisation of food self sufficiency has been a symphony government has composed and like an orchestra, the country has responded and the result has been a bumper harvest. The government is seeking to sustain this agricultural revolution by implementing a national health plant initiative. The command agriculture programme has seen the Grain Marketing Board (GMB) receive thousands tonnes of grain and cereals that have already been reported to be almost filling the food storage reserves. The celebrations that this has brought in ensuring food security must thus be supported by synchronised mechanism to combat pests, disease causing organisms...

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Kadoma based writer launches debut play book

Kadoma based writer Engineer Damiano Chiuswa has launched his debut play book titled ‘Mandiputsira Imba Yangu’ in Kadoma. This is Chiuswa’s first production and judging by this book he (Chiuswa) is a writer par excellence. The book ‘Mandiputsira Imba Yangu’ is a true reflection of how people live in the African society. According to Chiuswa, the book is a play about the girl Pinkie who was spoilt by her parents and failed to look after her own home. During the launch of the book some of the youths in Kadoma performed scenes from the book much to the amusement of those who attended the occasion. Those who read the book said the play is a must read for all. It was also noted with concern the dying of reading culture. Chiuswa revealed that his writing of this book was as a result of the inspiration he got from book writer Patrick Chakaipa especially from the books ‘Karikoga Gumiremuseve’, ‘Dzasukwa Mwana Asina Hembe’, ‘Pfumo Reropa’ and ‘Gara...

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Sables, Tunisia clash in Africa Gold Cup tie

The crucial Africa Rugby 2017 Gold Cup, formerly the Africa Cup tie between the Zimbabwe senior men’s rugby side, the Sables and visiting Tunisia will be an explosive and intriguing encounter at Prince Edward School as both teams will want to preserve their status in Group 1A. The two teams, Zimbabwe’s Sables and North Africans Tunisia suffered back-to back defeats to Namibia and Kenya in their previous matches. Although Zimbabwe opened their campaign with a convincing 28-16 away victory over Senegal in the 2017 Africa Rugby Gold Cup, the Sables lost to Kenya 22-41 at Hartsfield and  again 41-26...

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Joy Super Power Cup tournament launched

The Joy Foundation Super Power Cup, a unique four team tournament featuring players from Zimbabwean giants Highlanders and Dynamos against their Botswana opponents  Tafic and Mochudi Centre Chiefs and to be staged at the Francistown Sports complex in neighbouring Botswana has been launched with fans set to select which players will take part. Speaking on the sidelines of the official launch that was graced by the mayor of the City of Bulawayo Councillor Martin Moyo among other guests, Joy Foundation founder, Joy Setshedi revealed her desire for the event to enhance relations among the participating teams as they play...

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Haig Park Winter Chess Festival roars into life

The second edition of the Haig Park Winter Chess Festival explodes this Saturday (tomorrow) with over 200 players from various schools set to compete. Chess players from across the country from the under 8 age group to the masters section will battle it out for honours. The Teacher- In-Charge of chess at the Hiag Park Junior School Regina Chipesa the annual chess event is aimed at developing interest in chess and grooming young chess masters. Some of the schools who will be taking part at the tournament include Mupfurudzi from Madziva, Sinosi from Goromonzi, Mumurwi from Bindura and Gokwe’s...

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Govt to maintain 10% stake in cooking oil giant

The government will maintain the remaining ten percent stake in cooking oil processing firm Surface Wilmar Investments to facilitate stable pricing models and the growth of cooking oil manufacturing industry. The sale of the majority shares by the government through its investment vehicle , Industrial Development Corporation (IDC) to Surface Wilmar Investments has however resulted in the growth and recovery of the cooking oil manufacturing sector. The Minister of Industry and Commerce, Dr Mike Bimha confirmed to the ZBC News, government will however not be selling its remaining ten percent shares as it is getting a fair portion of...

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