April 29, 2024
The document, prepared by the IMF’s legal, finance, strategy and policy review departments, said although Zimbabwe’s co-operation on policies had “weakened significantly” and its co-operation on payments remained poor, the country had, however, beaten its dismal record last year after committing more cash towards arrear clearance than it…
SOUTH AFRICA — Massmart chief executive officer, Grant Pattison, yesterday gave a stern warning to Zimbabwean authorities that a proposed law compelling all companies to hand over 51 percent equity to local owners would force the retail giant to pull out.However, his threat to exit — at a…
While the Act was amended in 2007 after being introduced in 2002 it still contained clauses that critics felt gave too much power to the police.Innocent Gonese, the Movement for Democratic Change (MDC-T) legislator for Mutare Central moved the motion to amend the Act amid indications that its…
The emergence of Siban-gilizwe is threatening to split ZAPU right through the middle and weaken its prospects of eclipsing ZANU-PF and the Movement for Democratic Change formations at the next polls. The Financial Gazette has it on good authority that moves are underway to persuade the late national…
The consultative process kicked-off in Mabvuku on Tuesday evening where the MDC-T leader briefed his supporters on the stalemate in the inclusive government spawned by the alleged flagrant violations of the Global Political Agreement (GPA) by one of the partners in the coalition, the stalled constitution-making process and…
Messi, who was recently awarded the Golden Boot, continues to set alight the La Liga with his fancy footwork and banging the crucial goals as Barcelona galaticos fight to retain the championship despite the intimidating presence of celebrated Real Madrid coach, Jose Mourinho and his own group of…
Code-named Ngatibudirane Pachena or “Let’s come clean,” the operation comes at a time when Sibanda is facing allegations of fanning political violence in Masvingo, a charge he denies.The operation is already in full swing in Masvingo where war veterans were accused of violence during the constitution-making outreach exercise.The…
Sugar production for 2010/11 is expected to increase by 26 percent on the 2009/10 figure of 259 000mt, picking up during 2011/12 by 22 percent to 450 000mt and finally by 25 percent to reach the targeted 600 000mt.But while the production figures are looking up, the state…
What it means is that effective yesterday, KFHL ceases to be part of the Meikles group. The de-merger will now enable Moxon and Chanakira to swap shares in their respective entities to complete their separation.KFHL insiders said parties to the dispute are now finalising private arrangements with their…
President Robert Mugabe was forced to form a power-sharing government last year with his arch rival, Prime Minister Morgan Tsvangirai, as well as another small opposition faction. The fragile coalition is faced with an economic and political crisis that is partly a result of election disputes.In a statement…
