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Teachers reject US$100 salary

The reaction underlined the enormous challenges the inclusive government will have to grapple with to revive the education sector.Progressive Teachers' Union of Zimbabwe secretary-general, Raymond Majongwe told The Financial Gazette that the Finance Minister's package was a far cry from their demands of US$2,300 for the least paid…

Moxon pleads case with LSE

In a letter to the LSE dated February 8 2009, Moxon alleged his specification was effected as “a result of corrupt activities, racketeering and influence peddling” by his opponents.KMAL is incorporated and listed in Zimbabwe with a secondary listing on the LSE.The Group has, however, been the subject…

Tsvangirai takes charge

Tsvangirai was sworn in, together with his deputies Arthur Mutambara and Thokozani Khupe, by President Robert Mugabe at noon yesterday at a colourful ceremony at State House, attended by several Southern African Development Community (SADC) Heads of State, diplomats and other dignitaries.In his inaugural speech, the Prime Minister…

Moxon pleads case with LSE

In a letter to the LSE dated February 8 2009, Moxon alleged his specification was effected as “a result of corrupt activities, racketeering and influence peddling” by his opponents.KMAL is incorporated and listed in Zimbabwe with a secondary listing on the LSE.The Group has, however, been the subject…

Knives out for Makoni

Makoni, a presidential hopeful in the last elections, is being accused of supping with ZANU-PF and stalling the group's transformation into a political party.Makoni, a former finance minister, announced his bid to challenge President Robert Mugabe in February  last year. He was subsequently dismissed from ZANU-PF.The divisions that…

GNU on knife-edge

SHARP disagreements between ZANU-PF and the Movement for Democratic Change (MDC) on how to resolve "outstanding issues" have delayed the tabling of Constitution-al Amendment Number 19 Bill as lack of trust and sincerity hobble efforts to form an inclusive government by next week Friday.The Bill seeks to legalise…

Journalists join EU sanctions list

THE European Union (EU) has added seven journalists with the state media on its expanded list of targeted sanctions released last week.The bloc said the scribes helped to stifle freedom of expression in Zimbabwe, a country whose media laws are deemed repressive.Among the media practitioners are Zimbabwe Broadcasting…

ZESA, Rautenbach strike US$800m deal

MINING magnet, Billy Rautenbach's Zimbabwean-registered investment vehicle, Clidder Minerals, has struck a US$800 million joint venture deal with power utility, ZESA Holdings to extract coal and increase the power-generation capacity at the parastatals' thermal plants, The Financial Gazette established this week.ZESA is facing acute coal shortages to power…