NAMPAK records 1% increase in revenue

NAMPAK records 1% increase in revenue

Reporter PACKAGING giant, NAMPAK Zimbabwe Limited has recorded a 1 percent (%) increase in revenue, which positively contributed to the group’s ZWL927.4 million profit after tax of over a period where demand for packaging material remained subdued, as the COVID- 19 pandemic negatively affected trade, according to the firm’s 2020 Annual Report. According to the report, “The group achieved sales fro the year of ZWL5.09 billion (2019: ZWL 5.06 billion) and Trading Income before adjustments of ZWL 828.1m (2019: ZWL 1.129b). “A profit before tax of ZWL 927.4m was achieved…

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The wait is over

The wait is over

Comment THE much talked about vaccine is here, finally, people can get their COVID- 19 jabs and hopefully remain complying with the set WHO health regulations put in place to kick out the pandemic that has claimed millions of lives, globally. Locally, like everywhere worldwide, sceptics and naysayers have had their say on the vaccine/s as scientists grapple to find a cure for the pandemic. It was a good thing that the leadership of the country took the onus to become the first recipients of the country, as witnessed when…

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Funeral assurance firms feel the heat

Funeral assurance firms feel the heat

Reporters UPCOMING Funeral Assurance firms operating in the country are feeling the pinch triggered by the high COVID- 19 deaths that have exerted pressure on the funeral parlour and mortuary industry. The fast-rising confirmed cases of COVID- 19, in recent weeks, has seen funeral parlours being overwhelmed by the frequent occurrence of deaths across the country. In a survey conducted by The BusinessConnect newspaper, one employee of a local parlour who chose to remain unanimous expressed what a tall order it is to stay in a mortuary full of dead…

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Zimbos inline for COVID- 19 jab

Zimbos inline for COVID- 19 jab

Reporter AS the world continues to fight the new Covid-19 variants, a numbers of different vaccines have been developed and among them they is Moderna, OxfordAstraZeneca, Pfizer-BioNTech, Jonhson and Jonhson, as well as the Sinopharm, which the country recently received from China. Zimbabwe has recorded a total number of 35 710 cumulative cases with 3 783 active cases, 31 972 recoveries and 1430 deaths as of 17 February 2021. Health workers will be the first to get the jab, as the government awaits other deliveries from the United Kingdom, Russia…

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Building homes on wetlands hazardous, slows development

Building homes on wetlands hazardous, slows development

Nomthandazo Gabi FLOODS have continued to ravage property of hundreds of families’ property in Zengeza 4 and Manyane, raising concerns about corrupt council officials parcelling out housing stands on wetlands, despite the Government’s stern stance on the preservation of wetlands. Government spokesperson Nick Mangwana indicated that the crisis in Chitungwiza needs urgent intervention, before blaming residents for constructing houses on wetlands. Moreover, residents highlighted that the drainage system in Chitungwiza was in a state of despair and that the government had failed to maintain and repair a functional drainage system,…

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Government implored to research in renewable energy

Government implored to research in renewable energy

By Edward Mukaro GOVERNMENT has been implored to invest in research towards Renewable Energy (RE) for the nation to achieve sustainable development while reaping the multi-faceted benefits from the use of REs, climate change mitigation and renewable energy expert, Lawrence Mashungu has said. Zimbabwe identified renewable energy as one of the key cogs to advocate for achieving sustainable development, as the nation pushes towards a middle-income economy, as articulated in the National Development Strategy 1 (NDS1). Speaking in an exclusive interview with The BusinessConnect, Mashungu acknowledged that the Southern African…

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Call for elaborate involvement of Zimbabwean diaspora

Call for elaborate involvement of Zimbabwean diaspora

By Senior Reporter Wellington Zimbowa CALLS continue to intensify for Zimbabwe’s government for a cordial engagement with Zimbabwe’s around 3 million Diaspora community to realise their full potential contribution to the country’s socio-economic development. Renowned strategy and innovation consultant Brian Sedze noted that it was not sensible for a country with such a vast diaspora population not to have a dedicated Government office to tap on the vast socio-economic and skills transfer benefits. “It is baffling that our country, with over 3 million most economically active/ contributing diaspora has no…

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Zimbabwe on course for a bumper harvest

Zimbabwe on course for a bumper harvest

By Nomthandazo Gabi GOVERNMENT is optimistic of a bumper harvest this current agriculture season given the good rains, coupled with the 407 082.3 Hectares (ha) of maize planted under both the Pfumvudza and the National Enhanced Agriculture Productivity Programme, respectively. Zimbabwe has previously been battered by incessant droughts, cyclones, a bad economy and most recently, the COVID- 19 pandemic, which at one point exposed millions to hunger, in recent years. In a recent statement, Government expects the nation to reap a bumper harvest thanks to programmes that were implemented to…

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Activists call for ‘Marginalised Equalisation Fund’

Activists call for ‘Marginalised Equalisation Fund’

Staff Reporter MATABELELAND activists have implored the government to initiate a “Marginalised Equalisation Fund” to assist less developed communities, which are continually lagging behind, especially given the current low ZIMSEC November 2020 Grade seven (7) pass rate, in the 2 Matabeleland Provinces. Citing a variety of issues affecting mainly Matabeleland and Midlands Provinces, Ibhetshu LikaZulu, secretary-general, Mbuso Fuzwayo to local non-government organisation, Centre for Innovation and Technology (CITE) that the low pass rate in Matabeleland could be attributed to the government’s initiated deliberate marginalisation, which had to be addressed immediately….

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Manjera gives back to the community, as Dreamers Academy thrives

Manjera gives back to the community, as Dreamers Academy thrives

By Simbarashe Musaki NATURALLY talented, hard-tackling, ball-winning defender with good technique, tactical versatility and ability to read the game aptly describes former Caps United FC centre back, Charles Manjera. His intense commitment and ruggedness as a defender, in particular, when challenging for the ball made him the coaches favourite during his prime. In chronicling his rise to stardom, Manjera said, he was born on January 14, 1983, and is the eldest son of Kismet and Charity Manjera. He attended ZRP Tomlinson Depot and Zengeza 4 Primary School before enrolling for…

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