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Former Zengeza West legislator Job Sikhala has dumped the Citizens Coalition for Change (CCC) launching a mass nationwide democratic consultative process as he seeks to form a new national movement.
Former opposition Zengeza Member of Parliament, Job Sikhala, says he will embark on “Thank You” rallies for the support he received from ordinary citizens across the country while he was in detention.
Justice minister Ziyambi Ziyambi yesterday said the detention of former Zengeza West legislator Job Sikhala is justified and government will not relent on his continued incarceration.
Gold miner Metallon Corporation has resolved to end unsafe mining practices, including all small-scale mining at Redwing Mine following a shaft collapse last week, which resulted in 15 miners being trapped underground.
Australian energy firm, Invictus Energy Limited, has raised AU$15 million (US$10,25 million) through an institutional placement of new shares to fund operations at its Mukuyu 2 oil and gas drill site.
FBC Holdings Limited has appointed Trynos Kufazvinei to the position of chief executive officer (CEO) with effect from January 1, 2024. He will replace John Mushayavanhu who is leaving the Zimbabwe Stock Exchange-listed financial institution at the end of the month after being appointed central bank governor.
The trial of opposition Citizens Coalition for Change (CCC) top official Tendai Biti, who is accused of verbally assaulting a local businesswoman, Tatiana Aleshina, has been deferred to January 11 and 12 next year for continuation.
Property developer, WestProp Holdings Limited, is in final talks to begin construction of a regional mall as the firm seeks to grow its projects’ values past its current US$147 million pipeline.
CBZ Holdings Limited (CBZHL) is close to buying a controlling stake in ZB Financial Holdings Limited (ZBFHL) as it aims to become a financial services behemoth able to attract foreign investment to support national development projects.
FBC Holdings Limited (FBCH) invested in hedged assets to mitigate against the Zimbabwe dollar (Zimdollar) depreciation in the half year ended June 30, 2023, contributing to total income of nearly ZWL$854 billion. During the period, the Zimdollar lost over 90% of its value.