Browsing tag

Muchadeyi Masunda

BNC records $5,8m profit

Listed mining concern Bindura Nickel Corporation (BNC) says it is operating on shaky ground despite recording $5,8 million after-tax profits in the full year to March 31, 2018. The group’s chairperson Muchadeyi Masunda said despite posting healthy profits, BNC’s total assets exceeded total liabilities by $46,1 million.

BNC profits up 46 percent

Listed mining concern, Bindura Nickel Corporation (BNC), has posted a $2,23 million profit after tax in the half year to September representing a 46,8 percent increase from $1,18 million reported in the comparable period last year.

Muchadeyi Masunda to chair Harare’s business unit

Former Harare mayor, Muchadeyi Masunda, has bounced back at Town House after being appointed to the Harare Sunshine Holdings (HSH)’s board. HSH is a wholly council owned business entity. It owns City Parking, Sunshine Meats and Mabvazuva Village. Harare City Council (HCC) appointed Masunda to the HSH board at a recent full council meeting following […]

Council fails to account for $208m: AG

Auditor-General (AG) Mildred Chiri has found that Harare City Council (HCC) did not account for $208 million of public funds in the 2012 financial year. In her 2015 local authorities report tabled in the National Assembly recently, Chiri reported that the majority of councils’ audited financials were not up to date, with HCC as far […]

Mutasa happy with preps ZACC compiles report on city’s illegal land sales

By Shingirai Huni The Zimbabwe Anti-Corruption Commission (zacc) is compiling a report on its findings following investigations into irregular land sales involving serving Harare City councillors and those who served under former mayor Mr Muchadeyi Masunda. This follows Zacc’s initiative to conduct investigations on the cases. The commission is also probing the awarding of tenders […]