November 22, 2024
The new assignment is consistent with the Global Political Agreement (GPA) signed between the country’s main political parties last year.Article IV of the GPA states that the inclusive government shall advocate for the removal of targeted sanctions, which President Mugabe blames for Zimbabwe’s economic collapse.The travel and financial…
A report by the Minerals Marketing Corporation of Zim-babwe (MMCZ) raised serious concerns about the government's reluctance to recapitalise the state-run parastatal, warning economic turnaround could be elusive without a well functioning NRZ.The MMCZ report dated February 3 2009 and was presented before Parliament last week said planned…
TPH’s strategic business units (SBUs) namely Barzem Enterprises (joint venture with Barloworld Equipment), and divisions Farmec, Northmec and Puzey and Payne are positioned on a firm trading platform going forward to the end of next month.In a statement, TPH said its trading volumes while subdued due to low…
The lawmakers, Abednico Bhebhe, Njabuliso Mguni and Norman Mpofu, who were among the few MDC-M candidates to emerge victorious in last year’s controversial polls have already started canvassing for support in preparation for the by-elections likely to be held in the last quarter of the year.A parallel process…
The Financial Gazette can exclusively reveal that President Robert Mugabe had to climb down from his previous position that the Kariba Draft be the sole reference point in the constitution-making process after his arch-rivals threatened to withdraw from the shaky political deal.Sources privy to the discussions of the…
The clash emerged after the deputy premier openly told an investment conference in Harare last week that the country needed a people-driven constitution and not the Kariba Draft which Ncube supported long before the current heated debate on the constitution started.“We need a people-driven constitution, not the Kariba…
In a filing (HC2857/09) made through his lawyer, Sternford Moyo, Moxon is also asking the court to declare as a legal nullity the appointment of forensic auditors Budhama Chikamhi and Cleopas Mukungunugwa as investigators.Another application, filed on an urgent basis to stop the investigators, is also before the…
The army-led programme was set up in 2007 as a government vehicle for mobilising and distributing inputs such as seed, fuel and fertilizer to A1 and communal farmers countrywide under a managed national cropping plan where some two million hectares were to be put under maize production for…
This emerged as reports suggested LonZim directors had met with rebel shareholder AMB Capital in a failed attempt to settle their differences amicably and move the company forward.Apparently, the LonZim directors are understood to have met a number of key shareholders during private engagements, and received pledges of…
Chamisa is proposing that draconian media laws such as the Broadcasting Services Act be repealed to open up the airwaves and allow private broadcasters to operate in Zimbabwe.The Bill, which is still in its infancy, will see ZBH maintaining its name but operating under widely changed parameters including…
