December 22, 2024
Sources familiar with the workings of the Fund said the IMF team currently in Harare was simply assessing Zimbabwe's economic needs but a decision on the resumption of balance of payments support (BOP) might only come after one year.They said the BOP lifeline, suspended in the late 1990s,…
The mayor Clr Thaba Patrick Moyo, and his deputy Clr Amen Mpofu, were elected on 17 July last year but have not been officially installed because there were no government or ministerial structures to guide the installation.The power-sharing government now in office only started functioning a month ago.Though…
The Financial Gazette can reveal that a special audit committee on municipal farm operations this week discovered 217 beasts owned by the council “hidden” at a farm belonging to a Harare businessman (name supplied) in a development that could suck in senior officials at Town House.Council recently resolved…
The Premier told Parliament the new government was working on a short-term recovery plan to reinvigorate the country's battered economy, deal with national healing, undertake an audit on the chaotic land reform, deliver a people-driven constitution and restore media freedom, among other things.Tsvangirai said all this would be…
The three principals — President Mugabe, Prime Minister Morgan Tsvangirai and Deputy Prime Minister Arthur Mutambara – met last Thursday after protestations from the MDC formations over the unilateral appointments of permanent secretaries on February 24 which they said was in violation of a delicate power-sharing agreement signed…
But for the Movement for Democratic Change (MDC) activists to be set free they had to withdraw all applications and/or appeals lodged in the Supreme and High Courts.Harare lawyer, Alec Mucha-dehama, revealed this week that he met with prosecutors from the Attorney General's (AG’s) Office who said they…
River Ranch legal advisor George Smith, however, said on Tuesday though he had not seen the judgment, if an article he had read in the local daily correctly reflected what was said in the judgment then "I find the conclusions of the judge to be incredible".Mujuru was offered…
Humanitarian agencies had 5,1 million in their books of people needing food assistance at the end of last year.A United Nations fact-finding team, which undertook a five-day tour of the country, is said to have recommended that more humanitarian aid be injected into Zimbabwe whose new government is…
Tsvangirai, who joined President Robert Mugabe in a unity government last month, said in his maiden speech to Parliament that Zimbabwean efforts to solve the country's political crisis through power sharing needed to be recognised. "I therefore urge the international community to recognise our efforts and note the…
Continued clashes between ZANU-PF and the two factions of the Movement for Democratic Change (MDC) over the implementation of the power-sharing agreement must be viewed as teething problems of any political transition and not a mortal danger to the inclusive government, analysts told The Financial Gazette this week.The…