Zimbabwe war veterans leader Christopher Mutsvangwa yesterday told Zimbabwe African National Union-Patriotic Front national commissar Saviour Kasukuwere to purify drinking water for Harare first to save the people from typhoid instead of messing around with ZANU-PF politics.
Seventeen Zimbabwean entrepreneurs have been selected among a group of 1 000 young entrepreneurs who will benefit from the latest round of the Tony Elumelu Entrepreneurship Programme’s (TEEP) $100 million fund.
First Mutual Life (FML) has recovered to post net profit of $9.3 million for the year to December 2016 from a loss position of $131 000 in the prior year. The group’s operating profit improved to $9.2 million from $4.4 million in 2015 largely due to lower claims, a reduction in impairment allowances and acquisition expenses. Gross Premiums Written (GPW) remained flat at $116 million.
Resources group Falcon Gold says it expects to break even or possibly make profit this year following the sale of Dalny Mine to RioZim.
Plastics manufacturer Proplastics reported an after tax profit of $680 000 in the full-year to December from $652 000 last year, driven by a 13 percent increase in sales.
The deputy leader of the Zimbabwe African National Union-Patriotic Front Women’s League Eunice Sandi-Moyo today said demonstrations against her yesterday are a non-event.
Financial group FBC Holdings yesterday reported a 21 percent increase in after-tax profit from $18.1 million recorded in the previous year to $21.9 million on improved total income from banking operations.
Zimbabwe’s legislators, currently earning $1 124 a month and a representation allowance of $1 046, would like to have their salaries pegged at $4 000 to $10 000.