The tendering process saw Longman Zimbabwe being awarded the tender last Thursday after donors’ availed funds as part of the Education Transition Fund (ETF) launched by government last year that will see 13 million primary school textbooks being printed by year end. Information obtained by The Financial Gazette…
The Indigenisation and Economic Empowerment Regu-lations, gazetted on March 1, gave foreign-owned companies with assets worth over US$500 000, a 45-day ultimatum to propose how they would cede 51 percent shareholding to indigenous Zimbabweans over the next five years.The Youth Development, Indi-genisation and Empowerment Minister told The Financial…
An offshoot of Prime Minister Morgan Tsvangirai’s mainstream MDC-T, the MDC-M is deeply divided over Mutambara’s praise-singing of a competitor amid reports that some of the party’s executive members are mulling recalling the robotics professor.Insiders said MDC-M members have begun questioning the logic of being in opposition politics…
The Financial Gazette can exclusively reveal that Prime Minister Morgan Tsvangirai, whose effectiveness is yet to be felt in the wobbly inclusive government, met Presid-ent Mugabe this week in a crucial meeting where the premier implo-red on the head of State to ensure that justice is done.National police…
The Financial Gazette can reveal that ZANU-PF is on the verge of overhauling staff in all its departments at the party’s headquarters in a bid to employ highly qualified personnel to advise the politburo ahead of future elections.According to sources, the exercise would see the introduction of directors…
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…
Karemba is being accused by three wings of the party’s provincial structures of failing to attend meetings, acting unilaterally on key issues; imposing an unknown person they suspect to be a security agent into the district structures of Zvimba East and promoting the same to a position likely…
1. Small Business Sector Facility (SBSF) (1994)2. Enterprise Development Programme (World Bank) (1997)3. Statutory Reserves Facility (2000)4. Zimbabwe Malaysia Trade and Payments Arrangement (2000)5. Economic Recovery Trust (2002)6. Productive Sector Facility (PSF) (2004)7. Distressed Companies Fund (2005)8. National Housing Facility (2005)9. Medical Professions Fund (2005)10. Import Substitution and…
An EU diplomat accredited to Harare told The Financial Gazette that officials in Brussels had agreed to meet the Zimbabwe delegations to be headed by Prime Minister Morgan Tsvangirai for a meeting on April 21. The Zimbabwean delegation, to include Patrick Chinamasa, the ZANU-PF chief negotiator, would leave…
The State Procurement Board is currently evaluating three firms that bided for the tender, which closed at the end of January at a time when Parliament is conducting a parallel investigation into illegal activities at the fields.The probe started when the diamond rush began four years ago when…