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Govt gets tough with Telecel

The Posts and Telecommu-nications Regulatory Authority of Zimbabwe (POTRAZ) cancelled its license after Telecel Intern-ational (TI) — the holding company — failed to honour the initial deal it signed with local investors to offload 20 percent of its current 60 percent shareholding to indigenous players in the joint…

Change comes to ZBC

As part of the eagerly awaited reforms The Financial Gazette can exclusively reveal that the Movem-ent for Democratic Change (MDC) formations and ZANU-PF have also resolved to exert pressure on the Broadcasting Authority of Zimba-bwe (BAZ) — seen as curtailing the free flow of information and polarity of…

Manager has case to answer: GMB

This brings a new twist to the conflict of interest case which has seen transport companies ferrying urea fertiliser from Beira, Mozambique to GMB depots in Zimbabwe being shortchanged by Story View Contrac-tors.A team of investigators from the parastatal led by loss control manager, Alex Muza-mbi, said action…

Sanctions to stay

In separate messages Sweden and the United States expressed concern over the failure by the country’s three principals to fully implement the GPA.Swedish ambassador, Sten Rylander, last week expressed concern over the delay in the full implementation of the provisions of the power-sharing agreement at a ceremony to…

Parly reviews rules

Speaker of the House of Assembly, Lovemore Moyo, said the legislative assembly has set next Friday as the deadline for the submission of proposals on the envisaged changes, the first after ZANU-PF lost its majority to the Movement for Democratic Change (MDC-T) in March 2008.“On October 14 2009,…

War vets fight escalates

Chinotimba’s faction is against the re-election last month of Jabulani Sibanda as the ex-freedom fighters’ chairperson at a congress held in Mt Darwin.The former war veterans leader and 10 others, who resigned from ZNLWVA ahead of the congress in a bid to scuttle the indaba, have since refused…