Results of the $130 million Econet Wireless Zimbabwe Rights issue which opened on 20 February will only be known next week but the securities will be listed tomorrow.
Vice-President Emmerson Mnangagwa who is one of the leading contenders to succeed President Robert Mugabe says there is no headache at all about who will succeed the 93-year-old.
The revival of the Zimbabwe Iron and Steel Company in Redcliff could bring back to life three major state-enterprises which have become a drain to the national fiscus – the National Railways of Zimbabwe, Hwange Colliery and the Zimbabwe Electricity Supply Authority.
Movement for Democratic Change leader Morgan Tsvangirai today met opinion leaders from Goromonzi and it was now clear that people wanted Tsvangirai to lead the coalition that will contest President Robert Mugabe in next year’s elections, his spokesman Luke Tamborinyoka said in a statement.
Old Mutual Zimbabwe’s mortgage lender Central African Building Society (CABS) says it will soon launch a $6 million housing project in Bulawayo to develop 1 000 stands.
Transport Minister Joram Gumbo says he has been given the go ahead to revive the national carrier Air Zimbabwe and should sign agreement papers with a strategic partner “in a month or two”.