November 25, 2024
While the Harare City Council is mulling an intensive water disconnecting blitz on government departments, residents and businesses, the Bulawayo City Council (BCC) is piling up pressure on the government of national unity to pay up what it owes as the financially hamstrung municipality battles to keep in…
The two have been cited as the first and second respondents in a case filed at the High Court on May 7 by Moven Kupa and The Voice for Democracy Trust.The application said 41 persons entered the inclusive government as ministers in February last year as opposed to…
A report by the Insurance and Pensions Commission (IPC) indicates that 88 percent of the business written last year was controlled by the industry’s top 10 players with the bottom placed 22 companies controlling 12 percent of the GPW share.Twelve out of the 32 companies in the sector…
Contrary to State media reports, Prime Minister Morgan Tsvangirai who is in Washington to receive a democracy award raised the targeted sanctions issue saying there must be acknowledgement on the part of the United States that Zimbabwe has made some progress since the formation of the unity government…
He takes over from Louis Kasendeke, who has returned to his country, Uganda, where he will take up a new post as the deputy governor of the Bank of Uganda.The African-based multi-lateral financier made the announcement a fortnight ago.Before his new appointment, Ncube was the Dean of the…
NOCZIM is currently reeling under an estimated US$270 million debt.Over the past decade, NOCZIM has been facing operational challenges owing to alleged mismanagement, corrupt activities and failure by its management to stick to its core mandate resulting in financial resources being channeled into unviable projects.Last month, during an…
The Financial Gazette can reveal that the supreme governing body this week directed the Cabinet committee on legislation, chaired by Justice and Legal Affairs Minister, Patrick Chinamasa, to meet today in a last-ditch attempt to review the legislation.The Indigenisation and Economic Empowerment Regulations, gazetted on March 1 this…
Negotiators from ZANU-PF and the two formations of the Movement for Democratic Change (MDC) concluded talks on April 3 and gave their final report to President Robert Mugabe, Prime Minister Morgan Tsvangirai, Deputy Prime Minister Arthur Mutambara and Zuma, the Southern African Development Community-appointed mediator.But Lindiwe Zulu, Zuma’s…
Chris Mtangadura, the chief law officer in the AG’s Office, confirmed that he was in the process of appealing against Bennett’s acquittal yesterday, immediately courting the wrath of the MDC-T, which accused his office of pursuing a political agenda against its members.The State’s latest move is likely to…
By Tuesday, at least five new players had shown interest in navigating the media minefield while many others joined the queue to renew their licenses. But only one publication, NewsDay, had by this week completed and submitted its application form to the commission for licensing.ZMC chairman, Godfrey Majonga,…