May 5, 2024
In an application that is set to be heard before the Supreme Court next month, the farmers also cited Lands and Rural Resettlement Minister, Herbert Murerwa and police Comm-issioner General Augustine Chihuri as respondents among others.The farmers have also questioned the Auditor-General’s failure to account for how much…
Export margins slumped by 18 percent during the review period compared to the same period last year, while domestic margins stagnated at last year’s levels. Zimplow said long-term growth will heavily depend on its ability to capture a bigger share of the external markets, adding work is currently underway to…
Zimbabwe’s maximum power demand stands at 2100 mega-watts (MW), against internal dependable capacity of 1700 MW from the Kariba Hydro Power Station (750 MW), Hwange Thermal Power Station (780 MW) and three small thermal power plants with a combined dependable capacity of 170 MW.The three small thermal power…
Documents in possession of The Financial Gazette reveal that the State-owned firm’s workers have since questioned the transfer of nearly US$1,6 million to offset a debt to Zambia’s Investtrust Bank accrued when some managers at its subsidiary, Monarch Steel, in the neighbouring country, failed to service personal loans…
ZANU-PF, the MDC-T and the MDC-M have been deadlocked over contentious issues relating to the implementation of the Global Political Agreement (GPA) since its consummation in September 2008. Several efforts by President Zuma, the SADC-appointed mediator in the Zimbabwe crisis, have failed to break the deadlock despite his…
The MDC-T and MDC-M are clamouring to be consulted on either a new appointment or renewal of the police chief’s contract under the dictates of the Global Political Agreement (GPA) that gave birth to the inclusive government.But ZANU-PF insiders said the former opposition parties were simply trying to…
The ZSE-listed BNC, which has previously been rocked by labour disputes, said in a recent announcement to shareholders that competitive salaries were being paid “to a retained core team of employees who are responsible for care and maintenance duties”.“The remaining employees, who do not currently report for work,…
The technical report is expected to be the initial step in resumption of mining operations at BNC’s Trojan Mine, which will require at least US$26,3 million worth of funding, as well as rehabilitation and development of BNC’s other nickel mines.In a notice to shareholders on Tuesday, Mwana Africa…
President Robert Mugabe, Prime Minister Morgan Tsvangirai and Deputy Prime Minister Arthur Mutambara — the country’s quarrelling principals — have all been invited for the summit as SADC leaders try once again to find a lasting solution to the country’s political impasse.“All regional issues affecting SADC will be…
The current 10 governors were controversially appointed on a two-year term by President Robert Mugabe, who initially named eight on August 24 2008 before later announcing the other two for Midlands and Masvingo provinces.The issue of sharing governorship posts in accordance with the Global Political Agreement, which gave…
