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City of Harare in US$100m tender scam

The scandal scaled to new heights earlier this month when council rejected unsolicited bids from local construction companies and gave the main contractor, Augur Investments — a Ukrainian company incorporated in Estonia — the green light to sub-contract a South African company as project partner.Through its project managers…

IMF proposes massive bailout

The move, set off by calls from the IMF membership to strengthen global financial safety nets after “a global financial crisis of exceptional magnitude”, could also help the country, which recently ditched its local currency in favour of the US dollar increase liquidity in the strapped economy.In a…

ARDA boss shown the door

Mvududu, an ex-officio member of the ARDA board, was sent on “special leave” in February following a board meeting held at a Harare hotel.Mvududu replaced Joseph Matowanyika who was sacked from ARDA in 2007 for poor performance and maladministration.He was shown the door in a letter signed by…

Security chiefs to meet MDC leaders

Clemence Manyukwe, Senior Political Reporter THE long-awaited National Security Council meeting which brings together army generals and politicians from the three main political parties in the inclusive government is scheduled to take place today in the first such face-to-face encounter between Prime Minister Morgan Tsvangirai and the security chiefs.The…

Judges’ cars seized

The top-of-the-range vehicles that were meant to be registered within two weeks as stipulated by law, were confiscated by ZIMRA as part of an on-going blitzkrieg targeting unregistered vehicles.ZIMRA has been under extreme pressure to raise revenue for the bloated inclusive government that adopted cash budgeting under Finance…

Civil servants, govt headed for showdown

Labour unions representing key professions within the public service are now busy consulting their members on the next course of action.On Tuesday, Public Service Minister, Eliphas Mukonoweshuro, unveiled a revised grading system for civil servants including a new salary scheme, but kept the figures a closely-guarded secret.The Financial…