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Mbizi Offers Xmas Special

Mbizi Game Park which is locate a few kilometres from the Harare Central buisness district is offering exciting Christmas special prices.
The exclusive park is offering a US$60 per person per night at the three start lodges with a four course dinner and a full English breakfast.
Children under the age of 12 will pay half price.
Self [...]

No Takers for Africun Sun LAS

No Takers for Africun Sun LAS

There has not been trade in the African Sun’s Letters of Allocation which opened on November 23.
Letters of Allocation (LAS) opened on November 23 when African Sun Limited rights offer kicked off.
“On Wednesday, 25 November, the LAs were offered at US1 cent, with no bids and hence no trades. From Thursday, 26 November to Monday [...]

New Boss for Zambezi River Authority

The Zambezi River Authority has appointed Engineer Munyaradzi Munodawafa as the ne chief executive for the authority.
ZRA is a joint authority that is owned  by the governments of Zimbabwe and Zambia and it looks at managing the Kariba Dam Complex as well as the Zambezi River.
Engineer Munodawafa brings with him extensive knowledge and vast working [...]

KMAL Starts Fighting Against Specification

KMAL Starts Fighting Against Specification

KMAL, which has put its house in order, is now engaging responsible autHorities so that it would have specification of some of its subsidiaries lifted.
Some of the group’s subsidiaries and directors were specified in the course of the year as the boardroom struggles took ugly twists.
In a statement, KMAL showed that they were taking advantage [...]

African Sun to Raise US$10 million

African Sun to Raise US$10 million

African Sun intends to raise US$10 million through a rights offer.
This is the second company to announce in less than a week that they wanted to raise capital through rights offer the other firm bein NicozDiamond.
African Sun is now convening an extraordinary general meeting of shareholders to seek approval for the company to perform a [...]

Timothy N Chiganze appointed new African Sun Chairman

Timothy N Chiganze appointed new African Sun Chairman

African Sun Limited board chairman Mr Eben Makonese has resigned from the board after serving for 13 years.
It was during his time at the hotel group that African Sun emerged as one of the fastest growing hospitality groups in sub-Saharan Africa.
Under his stewardship, the Group grew from strength to strength and attained its blue chip [...]

Final KMAL AGM Next Month as Cotton Printers files for liquidation

Final KMAL AGM Next Month as Cotton Printers files for liquidation

The final Kingdom Meikles Africa annuial general meeting would be held on the last day of next month.
This would be the last AGM for the conglomerate before its demerger which would see the rebirth of Kingdom Financial Holdings Limited and Meikles Africa.

It would be back to 2007 before the tumultous marriage between the two companies [...]

Avis wins best car hire category at Association of Zimbabwe Travel Agents (AZTA) Awards

Avis wins best car hire category at Association of Zimbabwe Travel Agents (AZTA) Awards

Travel and tourism operators who excelled in the year were rewarded for their efforts in the 2009 Association of Zimbabwe Travel Agents awards which were held at the Rainbow Towers.
There were a number of awards, rewarding various players for their endeavours and contribution to the tourism industry.
For the best car hire category, Avis was first [...]

Sanganayi/Hlanganani Starts Wednesday

Sanganayi/Hlanganani Starts Wednesday

The 2009 Sanganai/Hlanganani World Travel and Tourism Expo will run from Wednesday to Sunday.
This year’s event has been organized by the Zimbabwe Agricultural Society and the Zimbabwe Tourism Authority.
It is being held at the Harare Exhibition Park which is also known as the Show Grounds.

There are a number of workshops which have also been lined [...]

Chiyangwa Into Kingdom Meikles Africa?

Chiyangwa Into Kingdom Meikles Africa?

Is businessman Phillip Chiyangwa now into Kingdom Meikles Africa?
This is the question which has been asked in the market after a consortium bought the Econet Wireless stake in KMAL.
While the disposal of the 10 percent stake was said to be in pursuit of the resolutions of the board to focus mainly on telecommunications investment, it [...]

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