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…
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…
Fourteen companies had responded to the call to tender, but council noted that not all of them were given the same conditions as laid out in the tender documents.This was despite the fact that the tender procedures did not give the Tender Verification Team any mandate to alter…
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…
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…
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,…
The Financial Gazette is in possession of the paper, which sources said was handed over to Indigenisation Minister, Saviour Kasukuwere, and was used as reference during this week’s Cabinet meeting.The regulations had given foreign-owned companies up to last Wednesday to present to government proposals on how they are…
Information gathered by The Financial Gazette is that on January 27 2010, the State Procurement Board (SPB) met and noted that all nine bidders who participated in the initial tender had failed to meet the basic requirements including submitting cash-flow schedules and providing a material price list when…
Chiweshe, who did not apply to be considered at the reformed electoral commission, now chaired by Justice Simpson Mutambanengwe, was appointed ZEC chairperson by President Robert Mugabe in 2006.His tenure was, however, mired in controversy especially after it took six weeks for ZEC to announce the March 29…
The magistrate, Olivia Mariga, threw away an application for refusal of placement on remand, saying there was reasonable suspicion that an offence was committed.She ordered the mayor and the councillors to appear in court on May 6. The mayor and councillors were arrested following a report by a…
