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Wankie faces KPMG suit over statement

Roadwin Chirara WANKIE Colliery Company Ltd (Wankie) and auditing firm KPMG are engaged in a wrangle over statements made by the mining company in the issuing of a resolution at […]

Govt drags feet on fixed phones

Roadwin Chirara GOVERNMENT is drag-ging its heels on applications for fixed telephone networks despite overwhelming demand for the service.

TeleAccess turns to farming

Conrad Dube ZIMBABWE’S prospective second fixed telephone operator, TeleAccess, has turned to contract tobacco farming and mining to raise US$160 million needed to import equipment for its network operation. (more…)

Telecel faces forex crunch

Godfrey Marawanyika TELECEL Zimbabwe Ltdis battling to access foreign currency through the auction floor system because its currency declaration (CD1) forms are yet to be cleared by the Reserve Bank […]

Zesa hikes electricity tariffs

Godfrey Marawanyika THE Zimbabwe Electricity Supply Authority (Zesa) last Friday raised electricity tariffs by 18,9% citing increases in postal charges. The power utility has also promis (more…)

Kamushinda leaves board

Staff Writer PROMINENT businessman and founder of Metropolitan Bank of Zimbabwe Ltd Enoch Kamushinda has now stepped down completely from the financial institution’s board.

No pardon for fugitives – Mugabe

Ngoni Chanakira PRESIDENT Robert Mugabe has ruled out a blanket pardon for individuals accused of various misdemeanours including externalising foreign currency. He told the annual gathering at the National (more…)

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