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Air Zimbabwe On Verge of New Plane Deal

Air Zimbabwe On Verge of New Plane Deal

Struggling national flag carrier Air Zimbabwe (AirZim) is on the verge of concluding a wet lease agreement with a Malaysian company after it emerged that a 10-member team comprising key personnel from the troubled airline flew to the southeast Asian country to oversee the planning of the ferry flight to Zimbabwe. Sources close to the […]

Asia’s Richest Person, Alibaba Founder Jack Ma to Visit Kenya

Asia’s Richest Person, Alibaba Founder Jack Ma to Visit Kenya

On his first ever visit to Africa, Jack Ma founder of Alibaba Group and UNCTAD special adviser on youth entrepreneurship, will be in Nairobi on 19th July. The purpose of his visit is to raise awareness about the sustainable development goals. Together with the UNCTAD secretary general, Dr.Mukhisa Kituyi, they will also meet up with […]

Who Owns This New ‘Zimbabwe Airways’ Plane? – VIDEO

Who Owns This New ‘Zimbabwe Airways’ Plane? – VIDEO

It has a handsome black tail fin, with a gold Zimbabwe bird at its centre, and red, yellow and green stripes on its stern. But it’s the new name, alongside the country’s national flower that has got people puzzled: Zimbabwe Airways. Not Air Zimbabwe? Malaysian flag A YouTube video of the Boeing 777 taking off […]

Zimbabwe parastatals rot exposed

Zimbabwe parastatals rot exposed

Four state enterprises and parastatals (SEPs) flouted tender procedures when procuring millions worth of goods and services, according to the Auditor-General, Mildred Chiri. The report sheds light on a culture of impunity and lack of accountability that prevails among parastatals and state institutions, providing fertile grounds for corruption. Chiri mentioned CMED ($1 million), Tobacco Industry […]

Air Zimbabwe rebrands to Zimbabwe Airways, acquires 4 Boeing 777-200 planes

Air Zimbabwe rebrands to Zimbabwe Airways, acquires 4 Boeing 777-200 planes

CASH-STRAPPED Air Zimbabwe has reportedly rebranded to Zimbabwe Airways after concluding a long-term lease deal, which will result in the delivery of four modern Boeing 777-200 planes from Malaysia Airlines, NewsDay has learned. Pictures of the rebranded Zimbabwe Airways planes went viral on social media platforms yesterday. The deal, according to sources at Air Zimbabwe, […]

Nearly 4, 000 DHL Express employees in Sub-Saharan Africa recognized for their contributions

Nearly 4, 000 DHL Express employees in Sub-Saharan Africa recognized for their contributions

In a network business like DHL Express (www.dpDHL.com), it is imperative that a culture of motivation is inculcated among employees so they will deliver superior service to our customers. The annual DHL Employee Appreciation Week is one such employee engagement initiative. This year, this Africa-wide initiative was run in the month of June in over […]

Potential investors inspect National Railways of Zimbabwe assets

Potential investors inspect National Railways of Zimbabwe assets

A GROUP of 10 potential investors interested in the proposed $400 million National Railways of Zimbabwe (NRZ) recapitalisation project have conducted a four-day voluntary due diligence inspection of the parastatal’s assets. NRZ public relations manager Mr Nyasha Maravanyika said the voluntary tour by the group was a follow-up to the recapitalisation pre-bid conference held in […]

South Africa, Botswana Clash Over Diamonds

South Africa, Botswana Clash Over Diamonds

Diamond production behemoth De Beers Group of Companies will hold a Sight next week at Diamond Trading Company Botswana (DTCB) in Gaborone where they will auction stones without rough diamonds from neighbouring South Africa. This follows a shocking decision last week by South Africa’s minerals minister, Mosebenzi Zwane, of refusing to grant an exemption to […]

We’re in Process of Retrenching Workers – Acacia Mining

We’re in Process of Retrenching Workers – Acacia Mining

Acacia Mining has confirmed that it is in the process of retrenching its workers mostly in the security section. Acacia communications and public relations manager Nectar Foya informed The Citizen in an email that the company will be outsourcing its security function at all three of its mines to a specialist security provider. Acacia owns […]

Beverage Processor Crowned Best Company for 2017 in Zimbabwe

Beverage Processor Crowned Best Company for 2017 in Zimbabwe

Beverage processor, Delta Corporation, was on Friday crowned this year’s best performing company on the Zimbabwe Stock Exchange (ZSE) at the Financial Gazette’s Top Companies Survey, which is bankrolled by financial services giant, Old Mutual Zimbabwe. Delta is an integrated beverages company with a diverse portfolio of local and international beer brands and Coca-Cola-franchised sparkling […]

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