• Delta Q2 revenue 6pct down on depressed demand

    Wednesday, 07 October 2015 CHANNELZIM

    Delta Corporation on Tuesday said revenue fell six percent in the second quarter to September 30 as demand remained depressed, although lager volumes grew five percent after value brands offset weak premier product sales. In the six months, revenue fell eight percent after contrasting volume...

  • South Africa gold miner Sibanye buys Mimosa co-owner Aquarius Platinum

    Wednesday, 07 October 2015 CHANNELZIM

    Aquarius Platinum, which jointly owns Zimbabwe’s Mimosa Mine in Zvishavane, has accepted a cash offer for its entire issued capital from Sibanye Gold, the two companies said on Tuesday. The Bermuda...

  • Once-feted Zambia now snubbed as power cuts worsen crisis

    Tuesday, 06 October 2015 CHANNELZIM

    Three years ago, investors considered Zambian bonds a better buy than Spain's. Now they are dumping the southern African nation's assets. Once feted because of its copper wealth, low debt...

  • Ordinary Level industrial attachment, the return of Border Gezi militias: says MDC

    Tuesday, 06 October 2015 CHANNELZIM

    The Welshman Ncube led MDC has scoffed at plans by government to introduce compulsory industrial attachment for Ordinary Level students, saying it is a veiled attempt to introduce the dreaded “Border...

  • Home demolitions political, says Harare mayor

    Tuesday, 06 October 2015 CHANNELZIM

    Harare mayor Bernard Manyenyeni has blamed the widely condemned housing demolitions in the capital on politics adding he often only got to know about the destructions after the event. Manyenyeni was...

  • Court order’s deportation of Lebanese national

    Sunday, 04 October 2015 CHANNELZIM

    Mutare: A Lebanese man was arrested by Immigration officials Thursday after he failed to produce his travelling documents when they swooped at his home in the city. Macky Abbas, 53, appeared before...

  • 10,000 youth officers going nowhere, Zhuwao vows

    Sunday, 04 October 2015 CHANNELZIM

    Patrick Zhuwao, the Minister of Youth Development, Indigenisation and Economic Empowerment, has vowed that some 10,000-plus ward youth officers employed by his ministry will not be retrenched. The...

  • Rental defaults up to 40pct as liquidity crisis bites – official

    Thursday, 01 October 2015 CHANNELZIM

    Returns on property investments have been hit by high default rates which are over 40 percent, reflecting a worsening liquidity crisis haunting Zimbabwe’s economy, an official has said. “Yields on...

  • Relief as villagers get toilets

    Thursday, 01 October 2015 The Zimbabwean

    About four years ago, a visitor to Lukona village in Bubi district, Matabeleland North, would have been greeted by a landscape littered with human waste and scraps of toilet paper. Family members of...

  • VP sets CIO on rivals

    Thursday, 01 October 2015 The Zimbabwean

    Zanu (PF) factional fights have taken a new turn amid claims that Vice President Emmerson Mnangagwa has unleashed Central Intelligence Organisation (CIO) operatives to snoop on his rivals. Reliable...

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