THESE are hard times indeed for investors, particularly those whose funds are locked on the lacklustre Zimbabwe Stock Exchange (ZSE). What makes it a little more difficult is that the local bourse remains fragile, with total equity exposure, which has remained the preferred asset class, clearly in an…

ZIMBABWE hosted the nineth edition of the annual meetings of airlines, airports, aviation suppliers and tourism authorities from June 22 to 24 in Victoria Falls, and it was an important occasion to critically assess the performance of our own airline and airports. For many years our national airline…

THE High Court has set a date to hear the case between the Zimbabwe Diamond Technology Centre (ZDTC) and companies that were involved in its construction when the project started before they were elbowed out. ZDTC owner, Lovemore Kurotwi, was dragged to court in 2011 by the aggrieved…

THE search for the Attorney-General (AG) is still on; seven months after the position became vacant. The delay in appointing the AG to replace Johannes Tomana who became Prosecutor General in November 2013 has seen the country going without the principal legal adviser to government at a time…

IT is not obvious that someone who has committed a crime will go to prison. Particularly if the perpetrator is oiled enough financially; is well connected, a public figure, or all of the above.  The worst that could happen is for one to be booked for a few…

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…

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…

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…

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…

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…