Harare, (New Ziana) – Cabinet on Tuesday approved two tourism infrastructure joint venture projects worth over US$3.4 million, a minister has said. Information, Publicity and Broadcasting Services Minister, Monica Mutsvangwa said the projects involved partnerships between two government companies, Mosi Oa Tunya Development Company (MOTDC) and the Zimbabwe Parks and Wildlife Management Authority (Zimparks) and […]
Harare, (New Ziana) – ZB Financial Holdings Limited group chief executive Ron Mutandagayi has resigned from the helm of the financial institution, New Ziana established on Tuesday. Mutandagayi, who took over as the boss in 2013, came under the spotlight in early March when a video of him allegedly assaulting his estranged wife went viral […]
Harare, 2021 (New Ziana) – Clothing retailer, Truworths suffered a $7.2 million inflation adjusted loss for the half-year ending January 2021 as Covid-19 lockdowns hit on sales. During the same period in 2020, the company recorded a $30.9 million profit. Revenue was down to $138 million as sales declined 23.3 percent during the period under […]
Harare (New Ziana) – The expansion of Hwange power station by an additional two units is progressing well, with significant milestones including the hoisting of generator transformers achieved during the first quarter of 2021, the Zimbabwe Power Company (ZPC) has said. The country’s largest coal fired station is being expanded by an additional 600 megawatts. […]