Business – Page 413 – newzimbabwevision

US Black billionaire Robert F Smith, a technology investor, pays down entire US$40m student debt of 2019 graduating class at historic black college

Posted on May 20, 2019 by newzimbabwevision

Robert F Smith, a billionaire technology investor, was the commencement speaker at Morehouse college, the alma mater of Martin Luther King – Atlanta Journal-ConstitutionA billionaire technology investor stunned the entire graduating class at Morehouse College when he announced at their commencement Sunday that he would pay off their student loans estimated at up to $40 million (£31m). Robert F. Smith, this year’s commencement speaker, made the announcement while addressing nearly 400 graduating seniors of the…

CHIPINGE Lushof ,white farmer JF Johannes (36), mistook his black employee for a stray dog and shot him

Posted on May 18, 2019 by newzimbabwevision

CHIPINGE white farmer, who shot and injured his employee claiming that he had mistaken him for a stray dog and blaming the victim for the incident, has been convicted of negligently causing serious bodily harm to the employee.Joubert Francois Johannes (36) of Lushof Farm, pleaded not guilty when his trial started before Chipinge magistrate, Joshua Nembaware last month.He was, however, charged with negligently causing serious bodily harm to his employee, Frank Makuyana. In his defence,…

HUAWEI the heart of political controversy and espionage allegations in UK, US and West, donates ICT equipment to UZ

Posted on May 18, 2019May 18, 2019 by newzimbabwevision

Leading multinational telecommunications equipment and consumer electronics manufacturer, Huawei donated ICT equipment worth US$98 313.90 to the University of Zimbabwe to equip the institution in offering the latest training in information and communication technology.Speaking at the handover ceremony yesterday Huawei Zimbabwe Managing Director Hao Wen said his company was committed to enhancing technical skills training to students.“As a result of this commitment, we will, today, hand over the ICT equipment to the University of Zimbabwe….

MINISTER of energy Chasi says the USD$5 million that was advanced to Chivayo’s INTRATEK must be recovered

Posted on May 17, 2019 by newzimbabwevision

Maverick businessman Wicknell Chivayo has responded to the news Minister of Energy and Power Development Fortune Chasi who has said he wants to recover the USD$5 million that was advanced to Chivayo’s company for the Gwanda solar plant.Said Chivayo, “Hon Minister Chibabest is not only a very Senior Advocate but a seasoned level headed politician of unquestionable integrity. When he’s fully briefed of the correct facts on the ground I’m optimistic and confident he will…

MDC Secretary General MWONZORA WARNS he’s no pushover, stating “I have been arrested by this government 34 times and have won 34 times,”

Posted on May 17, 2019 by newzimbabwevision

.The lawyer-turned-politician said he was no push-over as his history has testimonies of victories.“I have been arrested by this government 34 times and have won 34 times,” Mwonzora boasted.He said he was confident of a clean sweep at the congress polls.“I command respect and support of the people, because they know what I stand for. I stand for the truth, I stand for constitutionalism and what is right. I’m not afraid to criticise powerful people…

WE HAVE the numbers for civil disobedience, peaceful protest, force out the militarised Mnangagwa Zanu pf regime, now, no waiting for 2023!

Posted on May 17, 2019 by newzimbabwevision

The leader of the MDC Alliance, Nelson Chamisa and his MDC lieutenants claim that they fear for their lives, as the ruthless militarised Mnangagwa Zanu pf regime has them all under 24-hour surveillance. It is alleged that the regime is in panic over potential mass protests against President Emmerson Mnagagwa’s militarised Zanu pf regime.Chamisa now travels at night, does not disclose his whereabouts or safe house locations or movements in fear for his life, further…

ZIMBABWE’S inflation soars up to 75,86%, as prices skyrocket with the country failing to tame price increases.

Posted on May 16, 2019 by newzimbabwevision

ZIMBABWE’S annual inflation rate for the month of April shot to 75,86%, up nine percentage points on the March rate of 66,8% as the country fails to tame price increases.Last month the statistics agency, Zimstat, adopted a new matrix to calculate the consumer price index, but going by the old base, the inflation rate for April would have been 175,326%.However, in a country where trust in official data is slim, the figures remain disputed with…

MNANGAGWA DISCARDS Mugabe’s indigenisation policy that has been scaring away investors in the mining sector.

Posted on May 16, 2019 by newzimbabwevision

President Mnangagwa has said the new dispensation was removing all the bottlenecks brought about by the indigenisation policy that have been scaring away investors in the mining sector.This, he said, will create a conducive environment that will spur the economy to its intended vision of becoming a middle class economy by the year 2030.Speaking during the commissioning a new $62 million platinum smelting plant at Unki Mines in Shurugwi, President Mnangagwa said Government was liberalising…

KWEKWE GOLD DEALER RANDOMNLY FIRED his pistol at pub goers and killed an innocent man at Yellow Snake Mine Shops

Posted on May 16, 2019 by newzimbabwevision

A Kwekwe gold dealer on Tuesday appeared before a Kwekwe Magistrate facing murder charges after he fatally shot a man who was playing snooker during a fight with his friends.Canisio Misi (36) of 6269 Golden Acres, Kwekwe, who had been drinking beer with his friends, allegedly drew a pistol and fired random shots during the altercation. Misi was remanded in custody to June 4 by Kwekwe Magistrate Miss Vimbai Mtukwa.He was advised to apply for…

ZIMBABWE CONSOLIDATED Diamond Company ZCDC has fired its entire executive over corruption and underhand dealings

Posted on May 16, 2019 by newzimbabwevision

The Zimbabwe Consolidated Diamond Company ZCDC has fired its entire executive who have been accused of fomenting corruption in the company.The company’s image has been bruised by underhand dealings that have seen the country’s diamongd wealth benefiting only a handful of connected people.In a statement the company said the chief executive officer, chief finance officer, supply chain officer, chief human resources executive, chief security officer, engineering executive and audit executive have been relieved of their…

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