November 25, 2024
President Robert Mugabe, Prime Minister Morgan Tsvangirai and Deputy Prime Minister Arthur Mutambara — the country’s quarrelling principals — have all been invited for the summit as SADC leaders try once again to find a lasting solution to the country’s political impasse.“All regional issues affecting SADC will be…
This week, the State granary, which depends on government handouts to settle deliveries from farmers, issued an urgent plea to Finance Minister, Tendai Biti to release the money. Government must also dig deeper into its depleted coffers to fund a programme to distribute grain to millions of impoverished…
The ZANU-PF side of the inclusive government had appeared intent on the erection of the statue at the disputed location, brushing aside opposition from the Nkomo’s family until it met legal hurdles after the Mining Industry Pension Fund (MIPF), filed a High Court application saying it had been…
At US$40 million, the planned rights issue by the group would be the biggest cash call ever on the domestic market by a single company.Understandably, shareholders are beginning to doubt if the company’s directors will be able to follow up on a recent shareholder vote to undertake the…
A second quarter performance report in possession of this newspaper shows that government is considering selling stakes in at least four of its nine companies on the local bourse, as part of sweeping reforms at State enterprises.The companies include Astra Industries, Cairns Holdings, ZimRe and ZB Holdings.Government controls…
The chief negotiators of the two formations of the Movement for Democratic Change, Welshman Ncube and Tendai Biti, confirmed yesterday that Maharaj had held deliberations with their principals, including President Mugabe.“After meeting Maharaj, the principals met this morning (yesterday) alone and would probably give him a report of…
Mzembi’s outburst follows reports three weeks ago that the Presidency, disturbed by reports of possible conflict of interest in the handling of logistical arrangements during a friendly match between Zimbabwe and Brazil in June, had asked for a detailed report on the trip.The enquiry by the Presidency made…
There has been an outcry especially from the two formations of the Movement for Democratic Change (MDC) that President Robert Mugabe, the ZANU-PF first secretary, has been monopolising all national events at the expense of the other partners in the GNU, rendering Prime Minister Tsvangirai a mere figurehead…
Lawmakers are being paid US$25 a day for their participation in the outreach programme and have been pressing for US$75 per day.Drivers engaged by the Constit-ution Parliamentary Select Commi-ttee (COPAC), which is driving the process, are pocketing US$15 a day.Sources closely following the exercise said most of those…
Most supermarkets around the capital did not have chickens in stock much of last week and this week, although supplies had started trickling in at major retailers.However, retailers who spoke to The Financial Gazette, said the market remained grossly undersupplied, with major producers, Irvines and Sun Crest, said…
