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Moyo’s application a formality

The Tsholotsho North lawmaker, whose membership of ZANU-PF came to public notice in 2000, formerly engaged the party last in July seeking readmission.His request has since been forwarded to the party’s politburo for consideration and all indications are that it will succeed. The Politburo, which is expected to…

MBCA shores up its capital

The other, incl-uded an allocation to strengthen MCBA Bank’s on-balance sheet lending and to upgrade its Inform-ation Technology  systems, both software and hardware, in preparation to launch new innovative products.The banking institution sought reco-urse to its shareholders amid an industry-wide liquidity cru-nch. The move will see the bank…

Politburo members defy Mugabe

The decision to enter Sabina’s name to contest in the Women’s League elections to be re-run today, has widened divisions within the restive province, spawning allegations of tribalism against two senior ZANU-PF politburo members vying to control the largely farming community.The divisions emerged this week after a provincial…

Chombo under the spotlight

In a resolution last Thursday, during an ordinary council meeting, councillors cited gross anomalies in the tender process for the highway named after the late Vice-President, Joshua Nkomo.The councillors said a similar road project stretching 77 kilometres, done by resource giant, the Zimbabwe Platinum Mines (Zimplats) in Chegutu,…

Mass defections loom

Lesabe, one of the h-eavyweights who rem-ained when others ditched the 1987 Unity Accord between ZA-NU-PF and PF-ZAPU, announced her defection from ZANU-PF in Bulawayo recently.ZAPU spokesperson, Methuseli Moyo, told The Financial Gazette this week that a number of former PF-ZAPU members who are still in ZANU-PF had…

Hospital suspends nine doctors

The nine doctors were informed of their suspension in letters signed by the clinical director of Parirenyatwa Group of Hospitals, Sydney Makarawo, dated August 21.Previous media reports had quoted Health Minister, Henry Madzorera, reassuring all the dismissed doctors that they would be re-engaged once they have reapplied.However, almost…

Canadian company backs govt policies

In February, President Robert Mugabe and his rival Prime Minister Morgan Tsvangirai agreed to form a unity government that has made progressive economic decisions.The coalition has liberalised the country’s economy and allowed foreign currencies to replace the collapsed Zimbabwe dollar.Last year, the ZANU-PF government had threatened to take…

KML saga reaches tipping point

The most contentious issues included the ousting of incumbent chief executive officer, Nigel Chanakira, and his appointees — Busi Bango and Callisto Jokonya — from the KML board to pave way for approved de-merger transactions, allegedly foiled by the three directors, to finally sail through.Should the EGM proceed…