November 22, 2024
Tsvangirai, who is caught in-between an impatient Movement for Democratic Change (MDC-T) national executive council and an unyielding ZANU-PF, made a major climbdown from his previous position by proposing to ratchet up pressure on the United States to repeal what he used to refer to as “restrictive measures”…
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…
In a fit of rage yesterday, a senior MDC-T official revealed a plan by the party to ditch its previous stance endorsing the irreversibility of the controversial land reform programme in one of the clearest signs yet that the stability of the inclusive government remains uncertain.On Tuesday, SADC…
In confirming the meeting of the project that would see the construction of the dual road from the Harare International Airport to connect with Enterprise and Robert Mugabe roads, on Monday, the mayor said he was not in a position to divulge more information as this would pre-empt…
So tense is the intra-party power struggles that the metropolitan province has to date failed to record any progress in re-aligning its structures, including electing a substantive chairperson.ZANU-PF last had a substantive leadership in Harare in June last year.The party has been unable to resolve the factional fights…
The Financial Gazette has it on good authority that Bhebhe and Goosen, a businessman in Matabeleland North, were arraigned before the courts in Bulawayo on Tuesday for allegedly assaulting three officials of the Zimbabwe Federation of Trade Unions (ZFTU), a labour body linked to ZANU-PF. It is alleged…
The development comes in the wake of Justice Minister Patrick Chinamasa’s announcement last week that the country is no longer bound by the Tribunal’s decisions as Zimbabwe had severed all ties with the regional court established in 1992 under Article 9 of the SADC Treaty.Yesterday, Chinamasa said there…
This implies that the local regulatory environment for businesses — a proxy for economic competitiveness — is seen to have only improved marginally between June 2008 and May 2009 despite the frantic reforms the country initiated at the beginning of the year.But the number of countries behind Zimbabwe…
Market sources said FBZ had since engaged the Reserve Bank of Zimbabwe (RBZ) and undertaken an audit at CFXFS, whose primary asset is CFX Bank.The Zambian bank, which will be bankrolled in its acquisition by parent group, Swiss Reinsurance, was said to be prepared to inject a total…
Despite the cessation of the one-year moratorium, observers pointed out this week that the holding of by-elections may be delayed by up to a year as the parties continue to bicker over the appointment of a new electoral commission to run the polls.Although Parliament’s Stand-ing Rules and Orders…
