November 26, 2024
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…
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…
Party officials said some of the agreed positions in a planned election road-map contravene some of the liberation party’s own resolutions. The party’s negotiators this week go into fresh meetings in South Africa under immense pressure from hardliners in their party who feel that they are giving too…
Those who spoke to The Financial Gazette accused Prime Minister Morgan Tsvangirai’s allies of using dirty tactics to undermine their bid for positions in the party, as well as engaging in vote buying and whipping delegates into line to vote for people reportedly endorsed by the party president.…
The electoral changes, which are part of a package of reforms agreed by negotiators from the three political parties in the inclusive government, will now need to be endorsed by Parliament, a move likely to scuttle any prospects for an early poll as suggested by the ZANU-PF leadership.The…
