Khupe flexes muscles, again

Khupe flexes muscles, again

By Edward Mukaro THE Thokozani Khupe led Movement for Democratic Change (MDC– T), has recalled five Councillors from the Chitungwiza Municipality, who ran for office under the MDC Alliance banner. According to a letter in position of The BusinessConnect, the positions are now vacant. “I wish to inform you that I am in receipt of a letter from the Movement for Democratic Change (T) stating that the following councillors have been expelled from the party. “Cllr Jabulani Mtunzi of Ward 21, Cllr Kudakwashe John of Ward 12, Cllr Darlington Msonza…

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Mwendamberi relives career’s highs and lows

Mwendamberi relives career’s highs and lows

By Simbarashe Musaki Memory Mucherahowa hung his football boots in 2001, after the realization that his legs could no longer sustain his explosive acceleration, which made him the daring and dashing tormentor of opponents in more than a decade of a stellar football career which saw Zimbabwe legendary gaffer Sunday Chidzambwa handing him the Dynamos captain’s armband for a good eight years, as Dembare conquered African football. The former Warriors and Dynamos FC midfield maestro’s rich, epic and spanning history cannot be simply erased from our football vault. Having in…

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UKTP to spur horticulture growth – ZimTrade

UKTP to spur horticulture growth – ZimTrade

By Edward Mukaro THE United Kingdom Trade Partnership (UKTP) will boost Zimbabwe’s horticulture sector, while also enhancing the capacity of new players, ZimTrade has said. Zimbabwe recently signed a landmark deal with the UK that will see local horticulture products being exported to the European nation, boosting the Southern African nation’s revenue income from exports. Speaking in an interview with The BusinessConnect newspaper, ZimTrade corporate communications manager, Danai Majaha expressed the organisation’s optimism of the recent agreement between the two nations, saying it will go a long way in building…

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COMESA eyes US$5 million seed revenue

COMESA eyes US$5 million seed revenue

By Wellington Zimbowa THE Common Market for Eastern and Southern Africa (COMESA) is geared to boost seed production in the next five years to reach a US$5 billion seed trade revenue among member states through the promotion of labels and certification as part of an effort to stir the Harmonized Seed Trading Platform. According to Secretary-General Ms Chileshe Kapwepwe, the region is producing 500,000 tonnes of seed although there is potential to produce 2 000 00 tonnes. Labels and certification are integral in the implementation of the COMESA Seed Harmonization…

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NDS1 prioritizes youth inclusion

NDS1 prioritizes youth inclusion

COMMENT THE recently launched National Development Strategy 1 (2021 – 2025), which takes over from the Transitional Stabilisation Programme (TSP) (October 2018 – December 2020), raises a lot of interesting, chief among them efforts to focus on producing industrialists and capitalists from the school system rather than job seekers. This is a noble initiative and will obviously take some dome doing, such that one would only hope that changing the schools curriculum wouldn’t cause confusion as what happened in the recent past. Government’s efforts should be commended and complemented by…

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ZRP infuriates motorists, commuters

ZRP infuriates motorists, commuters

By Staff Report MOTORISTS have castigated the Zimbabwe Republic Police (ZRP) for what they termed “corrupt” tendencies at checkpoints along routes leading to the capital’s city centre. The ZRP officers have since been visible at various points of the routes leading into the central business district (CBD) stopping motorists for various purposes, chief among them; checking and apprehending commuters who are not wearing face masks appropriately or not putting on any mask for that matter. In an interview with this publication, motorists who spoke on condition of anonymity, after a…

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Rainbow Towers Group geared for COVID- 19 impact recovery

Rainbow Towers Group geared for COVID- 19 impact recovery

By Edward Mukaro LISTED hospitality and leisure group, Rainbow Towers Group (RTG) has overcome a 25% cumulative occupancy decline compared to the prior year to post ZW$586 million in its inflation-adjusted revenue for the period ended 30 September 2020. Naturally, like most businesses in the hospitality industry, the global COVID- 19 induced lockdown restrictions that saw occupancy declining to 22% from 47% recorded in the previous year adversely affected RTG’s performance. Said RTG, “Q3 trading performance during the nine months to September 2020, the Group’s inflation-adjusted revenues closed at ZW$586….

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Journey to stardom – Elliot “Musalad” Matsika

Journey to stardom – Elliot “Musalad” Matsika

By Simbarashe Musaki A complete package when it comes to football specimen, characterized by deceptive pace, a good goal assist ratio and scorer of top of the drawer goals, appropriately defines former Darryn T (DT) and Dynamos FC midfield keystone, Elliot Matsika. Matsika, who was nicknamed ‘Musalad’ by veteran football commentator, Charles Mabika due to his lazy-like movement as he glided past his opponents was a midfield genius who could easily adjust to any situation regardless of stage. “I came up with that nickname after his lazy-like movement with the…

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Conflict management hindering irrigation schemes production levels

Conflict management hindering irrigation schemes production levels

By Edward Mukaro IRRIGATION Schemes (ISs) continue to fail in their objective to contribute towards food security and nutrition due to conflicts triggered by a lack of knowledge and skills in financial management, the Centre for Conflict Management and Transformation (CCMT) has said. Irrigation schemes have been identified as one of the key zones with the potential to improve the country’s food security, hence, their functional state needs to be above board for the country to benefit. Speaking in an interview with The BusinessConnect, CCMT project coordinator Xavier Mudangwe said…

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Cassava records 11% profit increase

Cassava records 11% profit increase

By Wellington Zimbowa CASSAVA Smartech registered a gross profit increase of 11 percent (%) and a 2% EBITDA margin in 2019 compared to the previous year, while the Agri-tech and Moovah revenues have been spurred by rising digital on-demand agriculture platform that encompasses both smallholder and large-scale commercial farmers, and the non-motor business for the short term insurance business unit. The group posted gross profit increases of 68% from 57%, in 2019, while the EBITDA margin rose to 29%, from 27% in the subsequent year, registering RTGS 4.6 billion revenue…

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