November 28, 2024
THE coalitions separately stitched together by leaders of the Movement for Democratic Change (MDC) formations are standing on shaky ground, raising questions as to whether they would garner the intended votes in the forthcoming polls.Prime Minister (PM) Morgan Tsvangirai entered into a coalition with Mavambo/Kusile/Dawn (MKD) leader Simba…
DUMISO Dabengwa has revealed for the first time some of the problems that led to the revival of ZAPU, which in 1987 went into a Unity Accord with ZANU-PF to end disturbances that had rocked the Midlands and the Matabeleland provinces.The ZAPU leader said ZANU-PF was “untrustworthy”, narrating…
HERE is really bad news for Bindura Nickel Corporation (BNC) shareholders – the company is not off the funding nightmare that has troubled operations for over a decade.In a cautionary statement released this week, the company said it was still grappling with funding problems for which it was…
MOVEMENT for Democratic Change (MDC) leader Welshman Ncube sees the coalition between his party and Dumiso Dabengwa’s ZAPU as an enduring partnership that will either thrust them into government or condemn them into opposition politics altogether.Last Friday, both men appeared together in Chikomba, Mashonaland East to launch their…
THE secretary general (SG) of the Urban Councils Association of Zimbabwe (UCAZ), Francis Duri, has been suspended after an audit into the operations of the organisation exposed financial mismanagement and rampant corrupt practices.According to the audit report, the Zimbabwe Revenue Authority could have lost close to US$200 000…
JOHANNESBURG — As the plane taxied to a halt at OR Tambo International Airport in Johannesburg, I coiled back into my seat, stupefied by the airport’s grandeur, which pales the Harare International Airport into more of a reliever airport.This was my second time in eight years to land…
JOSEPH Kanyekanye’s resignation as chairman of the boards of Capital Bank and Rainbow Tourism Group (RTG) could be a microcosm of intense board wrangles rattling both institutions in which the National Social Security Authority (NSSA) is a controlling shareholder.Kanyekanye threw in the towel as chairman on Tuesday after …
PARLIAMENT faces possible litigation from former lawmakers who were not paid their allowances by the time the legislative assembly was dissolved on June 29. The Members of Parliament are owed varying amounts in unpaid allowances for sittings during the Seventh Parliament of Zimbabwe with the development being…
MUTARE — Suspended ZANU-PF Manicaland provincial chairperson, Mike Madiro, poured his heart out this week about perceived persecution at the hands of some elements within the party.Madiro, who has had a tumultuous association with ZANU-PF since 2004, described as hypocrites some of the party cadres whom he accused…
THE decision by Treasury to coerce Old Mutual and the National Social Security Authority (NSSA) to fund the March constitutional referendum had the effect of straining smaller banks after the financial behemoths mopped up their funds held in the financial system to comply with government’s request.Finance Minister Tendai…
