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Ekusileni in dire straits
AUTHORITIES at Ekusileni Medical Centre in Bulawayo are struggling to raise the US$3,4 million required to upgrade the facility to enable it to cater for COVID-19 patients.Authorities said the...Published: 23 Jul 2020 at 20:29hrs | 895 | by Staff reporter
Zanu-PF's paranoia is growing again, and this is a threat to us all
IT was a finger-pointing week. at Zanu-PF headquarters on Wednesday, President ` emmerson Mnangagwa had an explanation for the economic crisis; it was the detractors."On the economic front, we...Published: 19 Jun 2020 at 08:07hrs | 540 | by newzwire
Wanted fugitives among returnees
Several alleged criminals who crossed Zimbabwe's borders into Botswana and South Africa to escape prosecution are hidden among the returnees quarantined in centres across the country. Police y...Published: 11 May 2020 at 08:09hrs | 911 | by Staff reporter
A unique 40th Uhuru celebration
Zimbabwe celebrates 40 years of independence today and for the first time there are no gatherings to mark the anniversary due to the national lockdown enforced to curb the spread of Covid-19 pandemic....Published: 18 Apr 2020 at 07:50hrs | 109 | by Staff reporter
Zimbabwe celebrates Independence Day under lockdown regulations
Zimbabwe celebrates 40 years of independence today and for the first time there are no gatherings to mark the anniversary due to the national lockdown enforced to curb the spread of Covid-19 pandemic....Published: 18 Apr 2020 at 07:48hrs | 117 | by Staff reporter
Hailstorms hit Mutasa, Nyanga
Hailstorms that swept across parts of Mutasa and Nyanga districts since Tuesday, have destroyed property and infrastructure. The storm was first reported in Odzi on Tuesday where it blew off t...Published: 10 Apr 2020 at 07:55hrs | 550 | by Staff reporter
Covid-19 triggers massive share sell-offs on ZSE
Share prices on the Zimbabwe Stock Exchange (ZSE) are expected to plunge during the national lockdown and beyond as companies engage in massive sell-offs on the stock market in the face of the global ...Published: 03 Apr 2020 at 08:52hrs | 207 | by Staff reporter
Mthuli Ncube wants tourist to visit cyclone Idai hit Chimanimani
THE Minister of Finance and Economic Development, Professor Mthuli Ncube has called for the rebranding of Chimanimani as a tourist destination after the devastating Cyclone Idai.One year after...Published: 21 Mar 2020 at 06:14hrs | 223 | by Staff reporter
Econet fails to deliver Idai victims houses
Econet, the country's biggest mobile network service provider has failed to deliver 500 houses it promised Cyclone Idai victims in Chimanimani thereby leaving the 214 families living in tents and at t...Published: 07 Mar 2020 at 09:40hrs | 720 | by Staff reporter
Edgars in bid to raise capital
CLOTHING retail chain, Edgars Stores Limited, said yesterday it will soon issue a rights offer to mobilise capital to fund expansion projects. A rights offer allows existing shareholders to bu...Published: 04 Mar 2020 at 07:56hrs | 369 | by Staff reporter
Masvingo residents arrested after skirmishes at Sikhala's trial
ZIMBABWEAN police on Sunday arrested and charged five Masvingo residents for allegedly damaging a police vehicle and destroying some property.Zimbabwe Republic Police (ZRP) officers stationed ...Published: 17 Feb 2020 at 11:49hrs | 1065 | by Stephen Jakes
Zimbabwe records spike in company mergers
The Competition and Tariff Commission (CTC) has been handling numerous transactions involving mergers and acquisitions by companies in recent years.Zimbabwe's poor economic environment has mea...Published: 09 Feb 2020 at 06:11hrs | 258 | by Staff reporter
Stampede as Black Friday frenzy hits Bulawayo
THE Black Friday festive season shopping craze took Bulawayo by storm yesterday as people elbowed each other at shops to get the best deals with some getting injured. An old lady identif...Published: 30 Nov 2019 at 10:44hrs | 423 | by Staff reporter
More Zimbabwe businesses join Black Friday crusade
MORE businesses in Zimbabwe have joined the Black Friday craze set for today by slashing prices of their goods and services in a bid to stimulate consumer spending. For others like Gold Medal ...Published: 29 Nov 2019 at 09:38hrs | 636 | by Staff reporter
Edgars spreads wings as Power Sales quits Zimbabwe
CLOTHING retailer, Edgars Stores Limited, has unveiled plans to expand its branch network countrywide with Kadoma and Chegutu as main targets. The Bulawayo-headquartered firm operates Edgars o...Published: 27 Nov 2019 at 06:21hrs | 1629 | by Staff reporter
Countdown to Black Friday
BLACK Friday, that time when shoppers go ballistic in trying to clinch the best deals ahead of the festive season is here! The overrated Black Friday shopping frenzy, an informal name for the Fr...Published: 27 Nov 2019 at 06:20hrs | 1111 | by Staff reporter
Chartered accountants sweat over hyperinflation reporting
ZIMBABWEan chartered accountants (CAs) are in a fix as to which data to use for hyperinflation financial reporting (IAS 29) following the suspension of inflation data by government.As such acc...Published: 30 Oct 2019 at 07:45hrs | 1318 | by Staff reporter
Chief sells Govt vehicle, deal reversed
GOVERNMENT has seized an Isuzu Double cab vehicle, which it allocated to Chief Mupungu of Chipinge after it emerged that he sold it to a Chipinge man hardly two years after receiving it.The la...Published: 19 Oct 2019 at 07:08hrs | 3962 | by Staff reporter
Cyclone Idai food donations rotting in warehouses
Food items worth thousands of dollars donated to Cyclone Idai victims are rotting in warehouses in Chimanimani East and it is unclear why they have not been handed over to the intended beneficiaries....Published: 19 Sep 2019 at 14:36hrs | 512 | by Staff reporter
Pastor sues church over unpaid salary
An Anglican Church priest in Bulawayo has taken his employers to court demanding his salary arrears and compensation for using his personal car.Edgars Kasongo, who is based at the St Columbus ...Published: 01 Sep 2019 at 15:01hrs | 412 | by Staff reporter
PHOTOS: Latest on MDC protests in Bulawayo
Some parts of Bulawayo CBD were on business as usual on Monday morning with heavy security forces patrolling the streets. Other shops like Zapalala and Edgars remained closed .Police officers ...Published: 19 Aug 2019 at 09:18hrs | 11898 | by Mandla Ndlovu
'Zimdollar return will yield stability'
CLOTHING retailer, Edgars Stores Limited, expects the re-adoption of the Zimbabwean dollar as the sole currency of exchange to bring stability in the country's economy.The group has said its y...Published: 18 Jul 2019 at 09:30hrs | 3177 | by Staff reporter
Edgars Stores ups interest rates
Edgars Stores Limited says it is in the process of increasing interest rates charged on customer accounts due to inflation and increased cost of borrowing.In a trading update at the company's ...Published: 14 Jul 2019 at 14:55hrs | 572 | by Staff reporter
'Taming the Shrew' - Deaths on our Roads
Driving in Harare and in the highways of Zimbabwe has become distressful. Recent reports of high profile road traffic deaths refer. The traffic chaos has become a 'shrew.' There is urgent need to 'tam...Published: 19 Jun 2019 at 07:53hrs | 1357 | by Engineer Tororiro Isaac Chaza PMP
Rising demand pushes the ZSE
The Zimbabwe Stock Exchange (ZSE) climbed significantly during the week ended June 14 2019, on rising demand across the board. The market recorded gains for the 12th week in a row. All equity gauges t...Published: 16 Jun 2019 at 09:43hrs | 918 | by Fungai Nyaungwa
Edcon to sell Edgars Zimbabwe
South African retail giant, Edcon, is selling its shareholding in local clothing chain Edgars Zimbabwe, as the struggling group realigns operations to stay afloat.News of a possible collapse o...Published: 29 May 2019 at 07:56hrs | 1715 | by Staff reporter
Auditor for Cylone Idai donations
Government has emphasised its commitment to ensuring accountability as donations for the victims of Cyclone Idai continue to come from various corporates, churches, schools and clubs.Presentin...Published: 03 Apr 2019 at 15:36hrs | 345 | by Staff reporter
Horror Cyclone destruction trail unravels
THE human toll of Cyclone Idai which hit parts of Manicaland and Masvingo recently has exceeded official estimates with the scale of the tragedy imprinting deep emotional scars on those directly affec...Published: 24 Mar 2019 at 18:43hrs | 507 | by Staff reporter
40 bodies buried #CycloneIdai
BURIAL of victims of Cyclone Idai started yesterday with 40 identified bodies being interred at Ngangu Township in Chimanimani. Salvation Army Major Absalom Makanga confirmed the burial of the...Published: 19 Mar 2019 at 18:22hrs | 954 | by Staff reporter
Muradzikwa quits Nicoz Diamond
Distinguished insurance executive, Grace Muradzikwa is stepping down from NicozDiamond, Zimbabwe's largest short-term insurer after 30 years with the company.Muradzikwa had been managing direc...Published: 21 Feb 2019 at 07:27hrs | 572 | by Staff reporter
Edcon ups Edgars stake
EDGARS Stores Limited (EDL) shareholders have approved the acquisition of trademarks to brands owned by the retailer's South African shareholder Edcon in exchange for an increased stake in the company...Published: 24 Jan 2019 at 07:27hrs | 445 | by Staff reporter
Woman axes hubby to death
HOMICIDE detectives in Mutare are looking for a Chikanga woman who disappeared soon after axing her husband to death following a domestic dispute on December 24.The chilling incident, which sh...Published: 29 Dec 2018 at 17:43hrs | 758 | by Staff reporter
Edcon to up stake in Zimbabwe Edgars Stores
STRUGGLING South African firm, Edcon, is set to increase its shareholding in listed clothing retailer Edgars Stores Limited (EDL) to 41,07% after the conclusion of a transaction which will see the loc...Published: 28 Dec 2018 at 20:44hrs | 336 | by Staff reporter
Motlanthe inquiry report in brief
Executive SummaryZimbabwe held its national elections on the 30th of July 2018. The electoral process was generally peaceful until the 1st of August 2018, when many demonstrators took to the s...Published: 22 Dec 2018 at 18:50hrs | 295 | by Motlanthe
Edgars Zimbabwe customers win big in fashion extravaganza
THE annual Edgars Fashion Extravaganza's show curtains came down in Harare on Saturday as Zvishavane-based Nelly Mariri scooped the $10 000 grand prize at the promotion's grand draw.The ultima...Published: 26 Nov 2018 at 06:16hrs | 945 | by Staff reporter
Zimbabwe fire incidents explained
Zimbabwe Republic Police has urged members of the public to be cautious of individuals or groups who are trying to link recent fire incidents to all sorts of speculations yet facts on the ground are c...Published: 23 Nov 2018 at 20:39hrs | 6789 | by Staff reporter
Linda Masarira receives death threats
MDC-T spokesperson Ms Linda Masarira has said she is now living in fear after receiving death threats from unknown people for spilling beans on the MDC-Alliance's alleged terrorism activities. ...Published: 23 Nov 2018 at 05:14hrs | 1519 | by Staff reporter
Minister suspects hidden hand behind infernos
A FIRE razed a girls' hostel at Mbuyazwe Secondary School in Umguza District, Matabeleland North yesterday amid calls for security services to investigate the alarming cases of infernos being experien...Published: 22 Nov 2018 at 05:50hrs | 937 | by Staff reporter
MDC Alliance accused of recent fire outbreaks
MDC-Alliance sent some of its members for military training in some southern African countries ahead of the July 30 harmonised elections and the recent outbreak of fires in several cities could be the...Published: 21 Nov 2018 at 05:33hrs | 3300 | by Staff reporter
PHOTOS: Fire destroys Edgars stores in Kadoma
Three chain store apartments in Kadoma have been razed down by fire.The affected stores are Edgars, Jet and Coloursel in an inferno that broke out late last night destroying the buildings and ...Published: 20 Nov 2018 at 05:57hrs | 3731 | by Staff Reporter
Madiro accounts for 'missing' Zanu-PF funds
ZANU-PF Manicaland provincial chairman, Michael Madiro has dismissed as baseless reports that money, which was sourced for Oppah Muchinguri-Kashiri's celebrations for her elevation to the position of ...Published: 02 Nov 2018 at 05:35hrs | 316 | by Staff reporter
Why Mnangagwa doesn't have the answers
When President Emmerson Mnangagwa campaigned in July for Zimbabwe's...Published: 22 Oct 2018 at 07:19hrs | 5557 | by Robert Rotberg, Harvard University
Edgars stores refurbishes it's flagship branch
The clothing retail giant Edgars Stores Zimbabwe, has stepped up to the plate and unveiled its recently revamped and new look store - situated at the corner of Jason Moyo and 8th Street in Bulawayo. T...Published: 18 Oct 2018 at 14:28hrs | 2151 | by Agencies
Threat to Mnangagwa's economic agenda
As prices rise and the foreign currency black market becomes volatile, Zanu PF will find it harder to resist the urge to repeat its old errors. And, in the centre of it all, will be Emmerson Mnangagwa...Published: 17 Oct 2018 at 07:01hrs | 2923 | by newZWire
Edgars resumes exports
LISTED clothing retailer, Edgars Stores Limited has resumed exports after a decade as it seeks to improve its revenue base through foreign currency generation.Speaking during a tour of the clo...Published: 14 Oct 2018 at 09:43hrs | 405 | by Staff reporter
Zimra not considering charging duty in foreign currency
The Zimbabwe Revenue Authority (Zimra) is not charging duty in foreign currency, neither is it considering going that route, an official has said, adding that any such move would need Government's app...Published: 14 Oct 2018 at 09:08hrs | 848 | by Staff Reporter
Mugabe's 'I can come back' meme go viral
Social media is awash with memes of former president Robert Mugabe naughtily asking if he should return to office‚ complemented with jokes suggesting he should get dressed up just in case he's calle...Published: 11 Oct 2018 at 08:17hrs | 6364 | by TimesLive
Mthuli Ncube secures guarantee for RTGS bank balances
GOVERNMENT yesterday claimed it has secured a guarantee from the Afreximbank to ring-fence the estimated $6 billion real time gross settlement (RTGS) bank balances in bank accounts, but critics rounde...Published: 11 Oct 2018 at 06:31hrs | 1909 | by Staff reporter
Edgars Zimbabwe to purchase Edcon's Africa business franchises?
Edcon Holdings' latest recovery plan includes closing chains including Red Square cosmetics and La Senza lingerie and attempting to lure their customers to its flagship Edgars clothing stores....Published: 25 Sep 2018 at 08:01hrs | 1278 | by Staff writer
Edgars basks in high profit
LISTED clothing giant Edgars Group's profit after tax spiked to $1,9 million for the 26 weeks period ended July 8, 2018 compared to $567,499 in the same period last year, backed by growth in sales and...Published: 19 Sep 2018 at 07:00hrs | 350 | by Staff reporter
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