Harare, (New Ziana) –The MDC faction led by Thokozani Khupe on Monday took back control of the Morgan Tsvangirai House, formerly Harvest House, which youths from the rival one led by Nelson Chamisa had taken over on Sunday evening. Khupe and her faction took over control of MRT House in June this year following a […]
Harare, (New Ziana) – Retail and distribution company Axia Corporation said on Monday it suffered a marginal inflation adjusted decline of one percent in revenue for the full year ended June 2020 to ZWL$7.85 billion, hit by hyperinflation which has reduced consumer purchasing power. “The impact of inflationary price increases negatively affected demand thus turnover […]
Harare, (New Ziana) – Zimbabwe’s biggest foods manufacturer, National Foods Holdings Limited recorded a 75 percent jump in inflation adjusted net profit to $1.6 billion for the year ended June 2020 on the back of an increase in revenue. A 52 percent surge in revenues driven mainly by higher product prices was despite a 25 […]
Harare, (New Ziana) – South African President Cyril Ramaphosa has reprimanded Defence and Military Veterans Minister, Nosiviwe Mapisa-Nqakula and fined her three months salary for mixing government and party business over use of a state aircraft by a ruling African National Congress (ANC) delegation to Zimbabwe early this month. Mapisa-Nqakula used a South African Air […]