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Nail biting duel on cards as . . .

As has become the norm in ZANU-PF, the endorsement would automatically confirm the veteran nationalist as the party’s presidential candidate in the next election, to be held supposedly around mid next year.He is likely to square up against Movement for Democratic Change (MDC-T) president and Prime Minister, Morgan…

Tomana faces grilling over Mutasa

Mutasa and three others face allegations that they defrauded the mobile operator US$1,7 million, but were let off the hook after Tomana withdrew charges citing lack of evidence and subsequently declined to issue a certificate for private prosecution.Mutasa, her personal assistant, Caroline Gwinyai and Telecel’s regional sales manager,…

Ecobank in US$10m Zim investment

The investment will result in Ecobank becoming the single largest shareholder in Premier and final shareholding structures will be announced once all regulatory requirements have been met.Ecobank will partner local management, African Development Corporation and KMQ Enterprises as shareholders in Premier and this combination is expected to deliver…

Rainbow Towers in US$7,5m facelift

The hotel group, whose total room occupancy rate averaged 40 percent in the first half of the year, hopes to consolidate its local business portfolio through sprucing up the company’s flagship.The hotel boasts of one of the continent’s largest modern conferencing facilities occupying seven hectares and capable of…

Chinamasa under fire

Patrick Chinamasa, the Justice and Legal Affairs Minister, on Monday told a press briefing that the coalition government would soon introduce a Bill providing for the functionality of the ZHRC set up in April this year as per the Global Political Agreement signed between President Robert Mugabe, Prime…

No money for elections?

Treasury is already under pressure to meet the competing needs of an inclusive government whose bloated waistline is not commensurate with the size of the country’s tottering economy whose Gross Domestic Product — essentially a measure of a country’s overall economic output — has declined by half from…