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5MW plant commissioned at Mutirikwi Dam
A major step forward in Zimbabwe's energy sector was made on Saturday with the commissioning of a five-megawatt hydropower project at Mutirikwi Dam. The plant, a collaboration between local and foreig...Published: 12 hrs ago | 199 | by Staff reporter
Mnangagwa commissions US$18,5m Bulawayo students' complex
President Emmerson Mnangagwa yesterday officially commissioned the state-of-the-art Bulawayo Students Accommodation City Complex, a landmark project in Matsheumhlope suburb valued at US$18.5 million. ...Published: 16 Nov 2024 at 14:22hrs | 318 | by Staff reporter
Mnangagwa to commission Nust students' Complex
President Emmerson Mnangagwa is in Bulawayo today to preside over a series of significant events that underscore the Second Republic's commitment to infrastructural and educational development....Published: 15 Nov 2024 at 08:33hrs | 391 | by Staff reporter
ConCourt dismisses US$97K suit from former Old Mutual employee
The Constitutional Court (ConCourt) has dismissed a US$97,247 lawsuit filed by Christmas Mazarire, a former employee of Old Mutual Shared Service, who was challenging the computation of his retrenchme...Published: 18 Oct 2024 at 08:50hrs | 428 | by Staff reporter
25MW solar plant goes live in Zimbabwe
Centragrid's solar power plant in Nyabira has completed its expansion and has officially begun commercial production. The plant, one of Zimbabwe's pioneering independent power producers (IPPs), has se...Published: 15 Oct 2024 at 14:18hrs | 8452 | by Staff reporter
Zimpricecheck wins fourth Value Creation Challenge
Garikai Dzoma of Zimpricecheck won the 2024 Value Creation Challenge, beating 11 other finalists in a competition for budding entrepreneurs at the finale last Friday, winning US$13 000 in total seed f...Published: 08 Oct 2024 at 17:07hrs | 123 | by Staff Reporter
200 benefit from OMZ Women's Roundtable
Nearly 200 prominent female executives, entrepreneurs, and representatives from diverse sectors joined the transformative financial inclusion gathering de...Published: 17 Sep 2024 at 21:45hrs | 128 | by Paul Ndou
Bulawayo malls deserted
Nokulunga Mlalazi, an airtime vendor at Nkulumane Complex in Bulawayo for over two decades, has witnessed the decline of this once-bustling shopping center. Built in the late 1990s by Old Mut...Published: 12 Sep 2024 at 07:13hrs | 1052 | by Staff reporter
On the Money: How Old Mutual is empowering Zimbabwe's farmers
As the Zimbabwe Agricultural Show kicks off under the theme "Cultivating Prosperity. Growing Business. Innovation for Change. Nurturing our Future," a critical component of this year's event is the fi...Published: 29 Aug 2024 at 15:55hrs | 235 | by Staff Reporter
Zinara announces a 25% discount to Harare residents only
THE Zimbabwe National Road Administration (Zinara) is giving a 25 percent discount for light vehicle license fees during the Zimbabwe Agricultural Show week.Light motor vehicles are of up to 2...Published: 28 Aug 2024 at 15:45hrs | 1876 | by Staff reporter
Lake Mutirikwi Hydropower station 95% complete
The Lake Mutirikwi Hydro Power Station, located at Mutirikwi Dam in Masvingo, is 95% complete, with an expected commissioning by the end of August 2024. The USD $14.6 million project will generate 5MW...Published: 17 Aug 2024 at 12:56hrs | 796 | by Staff reporter
Old Mutual's O'mari launches home insurance solution
O'mari, the fintech subsidiary of Old Mutual Zimbabwe, has announced the launch of its new digital-first, low-cost home insurance product 'O'mari HomeCare', underwritten by Old Mutual Zimbabwe Insuran...Published: 15 Aug 2024 at 17:56hrs | 380 | by Simbarashe Sithole
South African Rand takes a hit
The rand and a number of South African stocks took a hit on Monday as investors moved away from purchasing riskier assets, and it became evident that the US may enter a recession.The rand was ...Published: 06 Aug 2024 at 09:12hrs | 1342 | by Staff reporter
Zimbabwe's Ralph Mupita scoops top regional business award
Ralph Mupita, the Zimbabwean-born President and CEO of MTN Group, has been honored as CEO of the Year at the 2024 Africa CEO Forum.The prestigious award was presented to Mupita this week durin...Published: 19 May 2024 at 10:27hrs | 8 | by Staff reporter
Thabani Mpofu not the complainant in the tribalist student's case
In an earlier version of this story, we erroneously reported that the National University of Science and Technology and its Director of Communications Mr Thabani Mpofu were the complainants in the mat...Published: 30 Mar 2024 at 14:29hrs | | by Staff reporter
Tribalist student caged for racial profiling
A NATIONAL University of Science and Technology (Nust) student will forever rue the day he decided to post a provocative tribal comment on his X page demeaning Ndebele people, as he has been arraigned...Published: 29 Mar 2024 at 19:18hrs | 1 | by Staff reporter
Zimbabweans prepare more for death than life
Zimbabweans prepare more for death than life with 76% of all insurance taken being funeral policies, Old Mutual Zimbabwe Group CEO, Samuel Matsekete has said.The uptake of life policies is low...Published: 11 Mar 2024 at 07:34hrs | 1 | by Staff reporter
Econet network challenges persist
The technical difficulties plaguing Econet Wireless Zimbabwe (EWZ), the country's leading mobile telecommunications, media, and technology company, persisted into the third day on Friday, causing conc...Published: 09 Mar 2024 at 10:57hrs | 2 | by Staff reporter
Lake Mutirikwi hydro power plant nears completion
THE US$14,6 million hydro power plant that has a rated output of five megawatts of electricity that will be added to the national grid is now 70 percent complete and is expected to be commissioned in ...Published: 03 Mar 2024 at 08:45hrs | 1 | by Staff reporter
Lake Mutirikwi hydro power project 75% complete
Construction of the US$14,5 million mini-hydro power plant at Lake Mutirikwi Dam in Masvingo by Great Zimbabwe Hydro Power Company is now in the home stretch with the 5-megawatt station set for commis...Published: 31 Jan 2024 at 04:48hrs | 3 | by Staff reporter
Zimbabwe central bank fails to pay Equatorial Guinea debt for 40MW solar project
The Reserve Bank of Zimbabwe (RBZ) has reportedly failed to fulfill part of its debt to Equatorial Guinea for a local investment in a 40MW solar project in Bwoni Village, Seke District, according to i...Published: 08 Dec 2023 at 05:39hrs | 9 | by Staff reporter
10 entrepreneurs make innovation challenge final list
Ten budding young entrepreneurs have made it through to the incubation stage of the third edition of the Value Creation Challenge, after a record 533 applicants this year, organisers said.This...Published: 08 Nov 2023 at 14:20hrs | 14 | by Paul Ndou
Marist Brothers tops Old Mutual Zimbabwe High Schools Quiz
Marist Brothers High School from Matabeleland North are this year's Old Mutual High School Quiz winne...Published: 26 Oct 2023 at 13:21hrs | 13 | by Paul Ndou
Old Mutual announces 2nd financial literacy kids Bootcamp
Old Mutual Zimbabwe has announced that it will be running the 2nd edition of the highly anticipated Kids Financial Education Bootcamp dubbed $mart Money Kids for a Brighter Tomorrow.This immer...Published: 12 Oct 2023 at 21:38hrs | 1 | by Paul Ndou
Old Mutual Zimbabwe empowers women in Mutare
Old Mutual Zimbabwe, a leading financial services provider, has joined hands with New Faces New Voices for a training event aimed at empowering women in various areas, including entrepreneurship and f...Published: 12 Oct 2023 at 20:11hrs | 1 | by Staff Reporter
Mnangagwa salutes Heath Streak
THE late cricket icon Heath Streak is likely to live long in the memories of many Zimbabweans, with President Mnangagwa yesterday describing the former national team captain and coach as a "great spor...Published: 19 Sep 2023 at 19:43hrs | 1 | by Staff reporter
Motsoaledi's ministry targeting Zimbabwean/ African professionals for deportation
The Pretoria High Court issued an urgent interim interdict this week against the minister and Department of Home Affairs prohibiting them from deporting an investment banker working in South Africa. H...Published: 15 Sep 2023 at 21:37hrs | | by Ciaran Ryan
Bulawayo students' complex already full
SPACE at the US$17 million student accommodation complex in Bulawayo is reportedly full as a number of students from different institutions have taken up residence with hundreds who have been making e...Published: 10 Sep 2023 at 08:56hrs | 3 | by Staff reporter
Old Mutual fights premature births scourge with neo-natal ventilator donation
Old Mutual Zimbabwe has donated a neonatal ventilator, the Continuous Positive Airway Pressure (CPAP), to help improve the health of premature babies in the Buhera and surrounding communities. ...Published: 27 Jul 2023 at 15:06hrs | 8 | by Paul Ndou
'US$400m facility won't stabilise Zimbabwe economy'
OLD Mutual Investment Group (OMIG) says the US$400 million funding secured by the government from the African Export-Import Bank (Afreximbank) is insufficient to restore stability to the local currenc...Published: 19 Jul 2023 at 06:43hrs | | by Staff reporter
Students complex opens doors in Bulawayo
THE US$17 million student accommodation complex in Bulawayo that is expected to house more than 1 000 students is ready for occupation with the Government saying it will ensure the project is replicat...Published: 09 Jul 2023 at 09:06hrs | 9 | by Staff Reporter
Brain drain Hits Bulawayo fire brigade
AN exodus of firefighters has hit the Bulawayo City Council (BCC) as they are joining other professionals leaving the country in search of the so-called greener pastures.Acting chief fire offi...Published: 07 Jun 2023 at 16:26hrs | | by Staff reporter
O'mari takes on EcoCash
FINANCIAL services giant, Old Mutual Zimbabwe Limited (OMZL), through Old Mutual Digital Services (OMDS), has launched O'mari, a business unit that will provide mobile money services, insurtech, inves...Published: 26 May 2023 at 06:37hrs | | by Staff reporter
Old Mutual deploys US$108 million worth of loans in Zimbabwe
Zimbabwe's largest financial services group, Old Mutual Zimbabwe, has deployed US$108m loans to different sectors of the economy.The deployment was done by the group's banking unit, CABS, CEO ...Published: 08 Apr 2023 at 18:36hrs | 2 | by Staff reporter
Zimbabwe speeding into the territory of charter cities
FINALLY, Al Jazeera aired the first of the four-part series documentary Gold Mafia. Social media went into overdrive, with many people condemning the attitude and character of some of those implicated...Published: 25 Mar 2023 at 08:19hrs | 4 | by Paidamoyo Muzulu
Old Mutual tech-hub hosts women coders bootcamp
Old Mutual innovation hub - Eight2Five will this Friday 17 March, host a computer coding training for women in a bid to hone computer programming skills in females as well to rouse interest in more di...Published: 16 Mar 2023 at 08:33hrs | 5 | by Paul Ndou
The Nkulumane Complex: A sleeping giant
The Nkulumane Mall is named after Nkulumane who was King Mzilikazi's son. Nkulumane was born in Mhlahlandlela, near modern-day Pretoria in South Africa. Nkulumane was named after Kuruman, where Dr. Ro...Published: 08 Mar 2023 at 10:18hrs | 199 | by Mncedisi Nyathi
NUST wins CFA Institute Research Challenge
A team from the National University of Science and Technology (NUST) has won the local competition of the CFA Institute Research Challenge after beating teams drawn from seven other local universities...Published: 04 Mar 2023 at 10:24hrs | 26 | by Staff reporter
All set for the 21st Old Mutual NAMA awards
The stage is set for the 21st National Arts Merit Awards (NAMA) powered by Old Mutual Zimbabwe tomorrow at the Harare International Conference Centre, with the organisers aiming to provide a unique ex...Published: 24 Feb 2023 at 22:01hrs | 2 | by Simbarashe Sithole
FNB of South Africa plus 4 other investors vie for Standard Chartered Bank Zimbabwe?
THE proposed takeover of Standard Chartered Bank Zimbabwe (StanChart), the country's oldest financial institution, has moved a gear up after five prospective investors including local and regional ent...Published: 21 Jan 2023 at 11:25hrs | 12 | by Staff reporter
Nust students complex awaits Mnangagwa commissioning
THE Government, through the Infrastructure Development Bank of Zimbabwe (IDBZ), has completed constructing the massive US$17 million student accommodation complex in Bulawayo.The multi-purpose...Published: 17 Jan 2023 at 15:10hrs | 4 | by Staff reporter
Harare man in court for insurance fraud
A Harare man is in trouble for insurance fraud after he allegedly swindled Old Mutual Insurance Company of US$2000 through a false claim for his motor vehicle which had been involved in an accident....Published: 17 Dec 2022 at 12:13hrs | 1 | by Staff reporter
‘Startups with diverse founders up-skilled on how to attract investors’
A Venture capital workshop was organized by the US Embassy in partnership with Eight2Five Innovation Hub. The hub has consistently moved towards supportin...Published: 09 Dec 2022 at 16:08hrs | 6 | by Simbarashe Sithole
Marist Brothers wins Old Mutual High School Quiz Competition
Marist Brothers High School reigned supreme at the Old Mutual High School Quiz competition, fending off stiff competition from Zengeza High 1 to land the top prize at a two day event held in Harare on...Published: 09 Dec 2022 at 09:43hrs | 17 | by Simbarashe Sithole in Harare
Old Mutual-backed tech hub trains start-ups on venture capital
Old Mutual Zimbabwe's corporate incubator and accelerator in Harare, Eight2Five Innovation Hub has collaborated with the US Embassy to bring a US Venture Capital expert, Dawn Batts to upskill local en...Published: 30 Nov 2022 at 17:44hrs | 7 | by Simbarashe Sithole
All set for Old Mutual Schools Quiz grand finale
A nail-biting Old Mutual Schools Quiz finxale is in the offing after ten heavyweight schools won provincial spots to fight out in the national championship tourney to be held next month on 2 December ...Published: 29 Nov 2022 at 13:47hrs | 5 | by Simbarashe Sithole
'VFEX growth exceeds expectation'
FINANCE and Economic Development Minister, Professor Mthuli Ncube, has lauded the rapid growth of the Victoria Falls Stock Exchange (VFEX), which witnessed the listing of the fifth counter, Nedbank Gr...Published: 28 Nov 2022 at 04:55hrs | 1 | by Staff reporter
Norsad Capital provides CABS Zimbabwe with a Medium-term Credit facility of USD10 million
Norsad Capital, an impact investor, and private creditor provider, offering tailor-made debt solutions to mid-market growth companies in Sub-Saharan Africa, has provided Central Africa Building Societ...Published: 21 Nov 2022 at 09:51hrs | 6 | by Agencies
Let us decongest Bulawayo CBD Now!
Bulawayo's ever-growing informal sector needs to be decongested to high density and some middle – low density areas. It is a fact that stakeholders need to check and explore something drastic or dis...Published: 15 Nov 2022 at 12:44hrs | 2 | by Michael Mdladla Ndiweni
Mnangagwa woos investors at AfDB organised forum
PRESIDENT Emmerson Mnangagwa has invited investors who graced the recently held Africa Development Bank (AfDB) organised event to tap into the country's agricultural, mining and manufacturing sectors ...Published: 13 Nov 2022 at 17:32hrs | | by Staff reporter
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