Business

Econet, EcoCash shareholders approve rights issue

THE shareholders of Econet Wireless Zimbabwe and EcoCash Holdings Zimbabwe Limited have approved resolutions allowing the companies to raise US$30.3 million each, to redeem shareholder debt (debentures) extended five years ago to service loans and fund the company’s expansion. The resolutions were passed at extraordinary general meetings (EGMs) held separately on Monday, and were passed…

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Presidential ballot paper now in print… Zec says it’s not obliged to consult contenders on this

By Brandon Josphat and Brighton Muronzereyi THE Zimbabwe Electoral Commission (Zec) has confirmed that it has started printing presidential ballot papers for the upcoming elections. This comes in the wake of Monday’s ruling by the Constitutional Court (ConCourt), which dashed the hopes of former Cabinet minister and independent presidential aspirant, Saviour Kasukuwere, to lead the…

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Chiefs elect new leader

MATABELELAND North traditional leader Chief Mtshane Khumalo was yesterday elected new president of the Chiefs Council, with the outgoing leader of the body, Chief Fortune Charumbira voted in as deputy. Charumbira, who is also president of the Pan African parliament, had been president of the Chiefs Council for several years. On the other hand, until…

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Baba Guti in private burial

By Rutendo Ngara THE founder of the Zimbabwe Assemblies of God Africa Forward in Faith (ZAOGA FIF), Archbishop Ezekiel Guti, was buried at a private ceremony in Bindura yesterday. The national hero, who died on July 5 in South Africa having turned 100 recently, was interred in a mausoleum and also received a 21-gun salute….

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Zimsec tightens exam system to curb leaks

By Brandon Josphat josphatbl@dailynews.co.zw THE Zimbabwe School Examinations Council (Zimsec) says it has tightened its system to curb leakage of public examination papers. This comes as Zimsec was rocked by scandals last year after school authorities and candidates were found in possession of leaked 2022 “O” Level final examination papers, with over 5 000 students…

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Marry Mubaiwa challenges further placement on remand

THE money laundering trial of Vice President Constantino Chiwenga’s former wife, Marry Mubaiwa, failed to commence yesterday after the State asked for a postponement, telling the court that investigations were not yet complete. Mubaiwa is on trial after she was arrested by the Zimbabwe Anti-Corruption Commission in 2019 for allegedly laundering nearly US$1 million to…

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ED reiterates call for peaceful polls … as campaigns reach fever pitch ahead of August 23

PRESIDENT Emmerson Mnangagwa has issued another impassioned plea for peaceful polls, while also vowing to deal ruthlessly with chaos mongers ahead of the crunch polls. Addressing a huge star rally in Harare yesterday, Mnangagwa emphasised repeatedly that Zimbabweans should not be divided by elections. This comes as political tensions have been on the rise in…

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‘O’ & ‘A’ levels results perk up

Brandon Josphat STAFF WRITER josphatbl@dailynews.co.zw THERE is a marked improvement in the mid-year pass rate for ‘O’ and ‘A’ Level students. This is reflected in the June results which were released yesterday by the Zimbabwe School Examinations Council (Zimsec), when compared to 2020. Zimsec resumed the sitting of these examinations this year after a two-year…

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Chamisa pledges to revamp education

OPPOSITION Citizens Coalition for Change (CCC) leader Nelson Chamisa says his party will revamp the education system in the country if elected to power after the August 23 general elections. Speaking at the launch of his party’s elections manifesto in Bulawayo on Tuesday night, Chamisa said he was going to ensure the modernisation of schools…

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