December 25, 2024
Self-exiled banker and shareholder of the defunct Intermarket Hol-dings Limited, Nicholas Vingirai, business mogul, Mutumwa Mawere and Meikles Africa Limited boss John Moxon, currently living in South Africa, remain specified.Mawere fell out with the ZANU-PF government over SMM Holdings, which the government expropriated through a compulsory debt-equity-swap.Johannes Tomana,…
This comes despite recent reports that government was planning to sell the Zimbabwe Iron and Steel Company to an unidentified foreign bidder. The government had reportedly planned to accelerate the programme to finance its depleted coffers, especially after Western donors spurned requests to bankroll the inclusive government, formed…
KFHL had put aside 850 000 Econet shares to hedge itself against a potential claim from NSSA after it initially lost the case in the High Court.The dispute had arisen from a claim by NSSA that KFHL’s stockbroking firm, Kingdom Stockbrokers (KSB), had fraudulently made it pay Z$4,25…
The Members of Parliament, who were formally fired from the House of Assembly on Tuesday, were accused of undermining the leadership of the MDC-M by drumming up support for the re-unification of the smaller faction with that of PM Tsvangirai.Lovemore Moyo, the Speaker of Parliament, has written to…
The elections had been penciled for the past weekend following the cancellation of the results of the previous poll held on December 14 2008 by the party’s decision-making body, the Politburo, due to intra-party violence by feuding ZANU-PF factions.Harare South House of Assembly legislator, Hubert Nyanhongo, had defeated…
The Financial Gazette can exclusively reveal that the two-day visit will be the first and last attempt by Zuma to hammer out a solution to the so-called outstanding issues under a cryptic Global Political Agreement (GPA) before the stalemate can be referred to a summit of the 15-member…
The Hospital Doctors Association, which ratcheted pressure on junior and senior doctors employed by government to withdraw their labour a fortnight ago revealed yesterday that nurses at Harare Central Hospital this week joined the work boycott that has crippled the country’s health delivery system.“Harare Central Hospital nurses are…
Speaker of the House of Assembly, Lovemore Moyo, confirmed the impending investigation yesterday that follows the adoption of a motion moved by Movement for Democratic Change (MDC-T) Masvingo Urban legislator, Tongai Matutu.“The motion was adopted, we are now pursuing the matter,” said Moyo in a brief telephone interview…
Rautenbach has wrest control of 60 percent of Middle Sabi and Chisumbanje Sugar Estates through his Rating Investments ahead of another suitor that management felt had a more attractive proposal.ARDA, which was allocated a 30 percent stake in the early stages of the negotiations, shored up its interest…
Although a new Vice President to replace the late Msika, who died last Wednesday at the age of 86 due to hypertension, is tentatively set to be unveiled at the ZANU-PF congress in December, there are reports of deep divisions over the choice of Nkomo despite him being…
