Lafarge considering US$25m capex investment

Lafarge considering US$25m capex investment

By Daniel Chigundu STOCK Exchange listed concern Lafarge Cement Zimbabwe says it is considering a US$25 million capex investment in a bid to double production capacity. The decision to expand is being driven by growth in product demand in 2018 due to the commissioning of key projects by the government and the private sector as well as housing projects in various suburbs across the country. Addressing analysts at the company’s 65th annual general meeting, Lafarge Cement Zimbabwe chief executive officer Kaziwe Siame Kaulule said the demand has remained hence the…

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Zimnat introduces US Dollar funeral policy

Zimnat introduces US Dollar funeral policy

By Natalie Chiwomadzi ZIMNAT Life Assurance has introduced a new funeral policy called Gadziriro/Lungiselelo which provides cover in United States dollars. The major feature of the funeral plan is that payment is made in United States dollars, which means the value of the policy remains the same and unaffected by any fluctuations in the value of RTGS dollars. Under the Gadziriro/Lungiselelo, a husband, wife and four children are covered for an amount of US$6000 from a premium of US$4.99 per month. Customers to the funeral policy have a choice of…

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Austerity is meant for Govt only: Mthuli

Austerity is meant for Govt only: Mthuli

By Daniel Chigundu Finance Minister Mthuli Ncube says “Austerity for Prosperity” is targeted at government alone and does not extend to the private sector and individuals. Austerity for Prosperity is the theme for the 2019 National Budget presented by Minister Ncube and which has generally been criticised by some economists and politicians who believe it is not pro-poor. The budget theme is widely known for bringing the infamous 2% transactional tax to the economy at a time when people are already struggling to make a meaningful living due to a…

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Madiwa rubbishes ZHRC election report

Madiwa rubbishes ZHRC election report

By Daniel Chigundu  MUTASA North legislator Chido Madiwa says the Zimbabwe Human Rights Commission (ZHRC) Report on the 2018 harmonised election should be dismissed as it is biased and lack seriousness. The report heap a lot of blame on Zanu PF for various electoral malpractices during the 2018 election period and also proffer some solutions which the government must take to address them. Some of the issues include partisan distribution of food, politicising traditional leaders, use of hate speech and abuse of state resources such as the media among others….

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Syngenta to unveil FD seed to curb fall army worm

Syngenta to unveil FD seed to curb fall army worm

By Ndafadza Madanha SWISS based Syngenta through its local agent Intaba trading will introduce maize seed treated with Fortenza Duo (FD) to help farmers curb the Fall Army Worm (FAW). FAW has wrecked havoc on the maize crop in sub Saharan Africa since it arrival in 2016 and worsened the food security position on the continent. A study on the impact of the fall armyworm in eastern Zimbabwe reveals that nearly 12 percent of crops are lost annually due to the infestation. And the study states that if the problem…

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All set for Zim Food and Culture Festival

All set for Zim Food and Culture Festival

PREPARATIONS for the inaugural Zim Food and Cultural Festival which kicks off this Thursdays (23 May) are said to be at an advanced stage. The festival which is a brainchild of First Lady Auxillia Mnangagwa seeks among other things to promote and restore cultural diversity, unite locals, bridge the cultural divide and more importantly promote domestic tourism. Scheduled for Harare Gardens from the 23rd to the 25th of May, the festival is centred on celebrating Zimbabwe’s authentic and unique cultural lifestyle through showcasing various traditional foods, languages, arts, music, crafts,…

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CIMAS partner Lafarge on Manresa Clinic

CIMAS partner Lafarge on Manresa Clinic

By Natalie Chiwomadzi MEDICAL aid concern CIMAS has partnered with cement manufacturing company Lafarge Cement Zimbabwe on Manresa Clinic which will respond to the needs of the company’s workers and surrounding community. CIMAS board member Bart Mswaka who was standing in for company chairman Luke Ngwerume said the partnership on the clinic is in line with the organisation’s goals of providing healthcare. “The addition of the clinic was in line with the society’s goal of providing its members and prospective members with integrated healthcare solutions. “Full credit must go to…

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MDC to defy High Court judgement

MDC to defy High Court judgement

By Natalie Chiwomadzi MDC says its elective Congress set for Gweru will not be abandoned despite the High Court judgement that has nullified Nelson Chamisa’s presidency. High Court Judge Justice Edith Mushore ruled that Chamisa and Elias Mudzuri’s appointments to the party’s vice presidency were illegal and that the party must quickly hold an extraordinary Congress to choose Tsvangirai’s successor. Addressing a press conference MDC spokesperson Jacob Mafume said the Congress will go on as planned despite the Justice Mushore’s judgement. “For the avoidance of doubt, preparation for the main…

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Zimnat donates to Melfort Old People’s Home

Zimnat donates to Melfort Old People’s Home

By Natalie Chiwomadzi ZIMNAT says it is going to provide free insurance cover for Melfort Old People’s Home two vehicles. Speaking on the donation, Zimnat chief executive officer Mustafa Sachak said they agreed to provide cover for the two vehicles for the whole year to ensure that the home’s vehicles are on the road legally. “The chairperson of Melfort Old People’s Home approached Zimnat Group for assistance for vehicle insurance cover after the institution received a donation of two vehicles,” said Sachak. The institution faces a number of challenges, among…

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Team Zimbabwe UK to promote tourism

Team Zimbabwe UK to promote tourism

By Natalie Chiwomadzi TEAM Zimbabwe-UK chief executive officer Marshall Gore says that apart from playing football, they have also come to help promote the country’s tourism sector as well as reconnect with the Zimbabwe culture. Speaking at a press conferencing/ addressing the media, Gore said that “beyond football, we are here to introduce these upcoming stars and allow them to understand the Zimbabwean culture and also to get to know the country,” he said. Gore also added that they will be taking videos and pictures and that they will do…

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