Input your search keywords and press Enter.

Top Stories

Whither Zim opposition politics?

IN the wake of the split in the Movement for Democratic Change (MDC-T) which has left its leader, Morgan Tsvangirai, skating on thin ice as he faces an open challenge from his secretary-general, Tendai Biti, and others, one lay political analyst, in jest, conjured up a very interesting…

Economy in dire straits

THE country’s economy continues to swing directionless with figures indicating that the Zimbabwe Stock Exchange (ZSE), seen as the barometer of the economy, slumping by US$642,8 million to US$4,56 billion in the first quarter of this year, as stock prices plummeted. Reflective of the dire state of the…

Masimirembwa loses vehicle over debt

FORMER Zimbabwe Mining Development Corporation board chairman, Goodwills Masimirembwa, has had his top-of-the- range vehicle, a Toyota Land cruiser VX, attached by the deputy sheriff following failure to pay a debt owed to a local medical firm. Medical Investments has had to seek legal recourse to recover a…

SPB boss fights govt in US$1m suit

A STATE Procurement Board (SPB) financial director, Cosmas Neshamba, suspended over misconduct in 2008, is claiming US$1 million as exit package after winning an arbitration ruling. The development is likely to put the SPB’s executive chairman, Charles Kuwaza, who was last week reported to be among the highest…

Exorcising Bingu’s ghost

PETER Mutharika was declared the winner of the chaotic presidential election, and was sworn in quickly. The unseemly haste was prompted by the failure of Malawi’s constitution to allow for any kind of transitional period between leaders. Not that Mutharika would have been bothered by the rush. He’s…

Spanners thrown into Rautenbach’s ethanol project

MASVINGO — Controversial business tycoon, Billy Rautenbach’s proposed multi-million dollar ethanol plant at Nuanetsi Ranch in Mwenezi has hit a snag owing to the infighting among senior ZANU-PF officials in the fractious province. In March, Rautenbach’s Zimbabwe Bio Energy (ZBE) announced plans to set up Zimbabwe’s third ethanol…

Minister Dokora calms nerves

AFTER introducing some sweeping changes in the education sector that won him friends and foes alike, Primary and Secondary Education Minister, Lazarus Dokora, this week moved to calm the nerves following rumours that teachers will, starting August, go unpaid during school holiday months. Dokora told the Financial Gazette…

Zim in violation of new Constitution

A YEAR since the adoption of the new Constitution in March last year, non-constitutionality — failure to adhere to the Supreme law — is rearing its ugly head in several aspects, confirming fears that government is not committed to ensure that constitutionalism prevails, the Financial Gazette has noted.…