May 12, 2024
Investigations by The Financial Gazette revealed that Allied Insurance, which issued the bond in favour of the judicial manager which was later to be lodged with the Master of the High Court, might not have had the capacity to issue a bond to the tune of US$12 million.…
But this month, the market got news that TA Holdings executive chairperson, Shingai Mutasa, had relinquished his executive chairmanship to become non-executive chairperson of the TA Holdings board.It’s fair to give him credit for having popularised the executive chairmanship within Zimbabwe’s listed corporate companies at a time when…
Insiders in the party said there is pressure on Ncube from his supporters to move with speed to replace Mutambara in the coalition as the Deputy Prime Minister.Although Ncube has been evasive on the possibility of Mutam-bara being recalled from his position, the same insiders said it would…
Sources this week said it is becoming increasingly clear within the party that there is need to contain any possible threat of disintegration after President Robert Mugabe’s exit from politics.Cohesion in the party is said to be threatened by covert infighting and factionalism blamed for the party’s thinning…
Chombo, the party’s secretary for agriculture, land reform and resettlement and Zhuwao, President Robert Mugabe’s neph-ew and the party’s deputy secretary for science and technology, face stiff challenges from ambitious young turks in the party said to be making inroads in their constituencies.Francis Mukwangwariwa, an employee in the…
Chinamasa told the Mines and Energy Parliamentary Committee on Monday that Mawere had failed to pay for the company. But the mogul hit back saying the minister was oblivious to the imperatives of justice and equity and had taken upon himself to be the judge and prosecutor.Mawere, who…
Indeed, it has been a baptism of fire for Ncube — an academic lawyer who has been professor of law at the University of Zimbabwe.On the eve of the MDC-M congress, deposed chairperson, Joubert Mudzumwe, and seven other national council members broke ranks with their colleagues, alleging that…
But out there, a survey commissioned by Afro-barometer suggests that 70 percent of Zimbabweans want elections this year.The survey was conducted by the Mass Public Opinion Institute (MPOI) led by University of Zimbabwe political science lecturer, Eldred Masunungure.MPOI was founded by the late Masipula Sithole, and in its…
Prime Minister Tsvangirai’s MDC-T gained majority control of local authorities in both urban and rural areas during the harmonised polls in March 2008.The party has majority control in Harare, Bulawayo, Gweru, Kwekwe, Masvingo, Mutare, Kadoma, Bindura, Kariba, Victoria Falls, Binga and other rural municipalities.The MDC-T accuses Chombo of…
The National Joint Negotiating Council, comprising negotiators from both the government and civil servants, has failed to agree on a new salary structure and better working conditions for the public workers since last November due to insufficient revenue inflows.Ahead of today’s meeting, sources said unions were already mobilising…
