THE Deposit Protection Corporation (DPC) has moved into the collapsed AfrAsia Bank after being granted a provisional liquidation order by the High Court and has started paying out $4,5 million to depositors whose funds were locked in the bank. (more…)
CHIEF Justice Godfrey Chidyausiku, sitting with the full Constitutional Court bench, on Tuesday dismissed the case of 21 MDC Renewal MPs who were challenging their dismissal from the August House for lack of merit. (more…)
Cyril Zenda LAST month, Speaker of the House of Assembly Jacob Mudenda, a member of ZANU-PF, made a ruling that made him popular with members and supporters of the Morgan Tsvangirai share of the opposition Movement for Democratic Change (MDC). (more…)
. . . as ZANU-PF purge enters another phase FORMER Mashonaland East ZANU-PF chairman Ray Kaukonde is topping the list of heavyweights to be dismissed from the troubled party this quarter as hawks aspiring to succeed President Robert Mugabe in the event that he relinquishes power move to…
WITH only two months before the pending 20 by-elections in different constituencies, the broke ZANU-PF government is yet to avail the required funding, the Financial Gazette has learnt. (more…)
ASTRA Holdings is planning to de-list from the domestic bourse. The new shareholders, who now hold over 80 percent of stock in the company, are compelled to do so by listing regulations after taking up more stock than they should have left to allow for at least 30…
THE country’s integrated electricity generation and distributing company, ZESA Holdings, is scrambling to secure new electricity supply contracts to mitigate the effects of poor domestic power generation, the Financial Gazette has established. (more…)
Axed ZANU-PF secretary for administration Didymus Mutasa yesterday failed in his bid to retain Headlands constituency on a ZANU-PF ticket after his papers were rejected by officials from the Zimbabwe Electoral Commission (ZEC). (more…)