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Obert Mpofu’s wealth queried

In a report released this week, Africa Partnership Canada (APC) questioned how the Umguza legislator acquired an impressive portfolio of properties from the meagre salary he earns as a government minister.Mpofu, who was appointed Mines Minister in February last year, is alleged, in the report, to be one…

Mudzuri takes personal charge of NOCZIM

Information obtained this week shows that Energy and Power Development Minister, Elias Mudzuri, has ordered NOCZIM not to implement any financial decisions without the approval of the ministry.The ministerial directive signals Mudzuri’s displeasure with the proposed packages which, if awarded, could bring NOCZIM to its knees.The managers, who…

Zim, SA to meet over TTDs

Sources said a meeting that was supposed to take place two weeks ago to discuss the dispute has been rescheduled as the South African officials had other pressing commitments, including the 2010 FIFA World Cup currently taking place in that country. Thousands of Zimbabwean TTD holders have been…

Meikles demerger flops

The group’s board convened a meeting last week at which “various options on the way forward” were considered, Meikles chief executive officer (CEO), Brendan Beaumont, told The Financial Gazette yesterday.“The company is now drafting the necessary circulars to engage shareholders for them to have input on the suggested…

George Charamba under fire

The latest fall-out follows remarks by Charamba that a Bilateral Investment Promotion and Protection Agreement (BIPPA) signed on May 24 with South Korea during Prime Minister Morgan Tsvangirai’s visit to the Far East country was null and void as the premier had no constitutional mandate to do sign…