Patterson Timba, the ex-executive chairperson of Africa First ReNai-ssance Corporation (Afre Corporation), made the remark in Nove-mber last year during a dinner to celebrate a partnership deal that the insurance group's life unit, First Mutual Life (FML), had sealed with Econet Wireless Zimbabwe. Econet, the country's largest telecoms…

Senior ZANU-PF members who seat in either the politburo or the central committee - the party's most powerful organs - are at odds regarding when the country should go to the polls.Party leader, President Robert Mugabe, is adamant polls would be held this year come rain or thunder.His…

MASVINGO - Prime Minister Morgan Tsvangirai's Movement for Democratic Change (MDC-T) formation, which is grappling with internecine factionalism, could lose more ground to its arch rival, ZANU-PF, in the province as the labour-backed party seems to have all but given up hope of setting up proper structures in…

Biti is expected to present the traditional budget review, which is widely expected to be a supplementary budget, anytime this month or at the beginning of July.In its contribution towards the budget, CZI said it was clear that there was need for the government to institute measures that…

In an interview with The Financial Gazette on Tuesday, Majongwe said apart from problems with the ex-combatants, declarations by the select committee that he had been appointed as a representative of the Movement for Democratic Change (MDC-T) did not go down well with him as he did not…

Stakes were already raised after South African President Jacob Zuma, again in a break with the past, submitted a scathing report to the SADC Troika in which he said SADC leaders should impress upon local political leaders that Zimbabwe's protracted political situation could "no longer be tolerated".ZANU-PF seems…

Top leaders of the Matabeleland Liberation Front (MLF) were recently hauled before the courts for allegedly distributing leaflets or fliers calling for the creation of a Matabeleland state, citing the alleged marginalisation of the region. But in what appears to be attempts to clear his name, Dabengwa said…

The country’s only listed telecoms operator has invested just under US$1 billion over the last two years. The cost-accumulation programme, which commenced two years ago, entailed the installation of the country’s first private-run fibre-optic backbone to enhance capacity for value-added products, and a countrywide roll-out of base stations…

Sources within the group confirmed Kupara had resigned barely a week after her appointment as the group battled to fend off reports of delinquency within its businesses. Kupara, a long-time confidante of Timba, had been on the Afre Corporation board since the take-over of First Mutual Limited (FML)…

The Australia Stock Exchange-listed miner, in which South Africa-based Implats owns an 86,9 percent stake, also wants clarification whether the indigenisation legislation passed in 2008 and supporting regulations supersede a Cabinet decision to award 15 percent of the company to a local empowerment group.Saviour Kasukuwere, the minister in…