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Econet enters UK market

In a statement, Orange said that while Mobile Virtual Network Operators (MVNOs) were quite popular in the UK, with the likes of Virgin Mobile, owned by Richard Branson, this was the first time a foreign operator had entered the UK market.The Times newspaper of London, reported that Orange…

ZMC licenses more media houses

Two months ago, the ZMC, a creation of the Global Political Agreement, licensed five newspapers, including new entrants, The Daily Gazette, NewsDay and The Daily News.ZMC chairperson, Godfrey Majonga, told The Financial Gazette yesterday that the commission granted licenses to Cable News Agency, Berimark Enterprises, Feyjay Investments, and…

Legislators quit COPAC outreach

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…

Zuma takes aim at Mugabe

The Financial Gazette is reliably informed that Southern African Development Community (SADC) leaders are eager to end the crisis in Zimbabwe when they meet in Windhoek, the Namibian capital, between August 15 and 16 and are relying heavily on Zuma to work tirelessly behind the scenes in order…

Civil service strike looms

In his review statement last week, Biti again admitted the unity government was technically broke as donors were reluctant to loosen their purse strings and as such the coalition was in no position to award civil servants salary increments.The country’s wage bill is currently estimated to be around…

Heads to roll at parastatals

 The Financial Gazette has it on good authority that a number of senior managers running the affairs of some parastatals face the axe if they fail to take heed of the government’s directive and act within three months.Sources said Cabinet, on Tuesday, recommended the course of action to…

Mzembi in trouble

The Masvingo South legislator is alleged to have exerted his influence to wrest a contract to transport the Brazilian national team from Pathfinder during their brief stay in Zimbabwe last month. The Brazilians beat Zimbabwe by three goals to nil in a pre-World Cup warm-up match in Harare,…