October 31, 2024
In the court of public opinion, a nod by the MDC-T leader to join a unity administration that has been on the drawing board since September last year could have set the tone for the cherished economic rebound that has eluded the once prosperous nation for the past…
The electoral process leading to the ascendancy to the national presidency of Atta Mills of the hitherto opposition National Democratic Congress (NDC) was a political cliffhanger all the way, which could easily have been manipulated in some African countries to keep the ruling party in power. But after…
Mutambara’s group has 10 legislators in the House of Assembly who can either vote with ZANU-PF or the Tsvangirai-led formation.President Mugabe, who was sworn in on June 29, is understood to be under immense pressure to form a new government and sources claimed the proposed convening of Parliament…
But insiders in the divided MDC claimed ZANU-PF was marking time to convince members of the Arthur Mutambara formation to join forces with it in forming a unity government after the convening of Parliament if Morgan Tsvangirai continued dragging his feet about signing an agreement.They claimed the plan…
Nujoma had a private discussion with President Mugabe in Harare last Saturday ahead of the Southern African Develop-ment Community (SADC) extraordinary summit scheduled for Pretoria on Sunday.Diplomatic sources said the President is likely to get support from Mozambique, Swaziland, Angola, Lesotho, Malawi and Namibia while South Africa, Tanzania,…
The negotiations between the two MDCs and ZANU-PF stalled in September over the allocation of ministries, chief among them being the Ministry of Home Affairs. The impasse, which has been taken to the Southern African Deve-lopment Community, has dampened investor confidence while heightening speculative practices on the market,…
Sources told The Financial Gazette that the captains of industry were likely to task the newly created Business Council of Zimbabwe to lobby the main political parties at the centre of the Zimba-bwe crisis.“It is time we sit with Morgan Tsvangirai, Arthur Mutambara and ZANU-PF to tell them…
Rusinahama said this while handing down judgment in a case in which a member of the ZNA was facing charges of helping himself to a packet of pork valued at $91,000 from a supermarket in the capital, which he hid in his pocket before trying unsuccessfully to beat…
“The cash flow of Bindura Nickel Corporation (BNC) in recent months has been affected negatively by a number of factors, including declining nickel prices, low production levels, unfavourable exchange rates and periodic power blackouts,” said the miner in a statement. “The exchange rate policy ultimately cripples the company’s…
While the bulk of the coal firing Zimbabwe's embattled industries and tobacco farms is produced by the Zimbabwe Stock Exchange (ZSE)-listed Hwange Colliery Company Limited (HCCL), there has been a significant throughput from Sengwa Mine in Gokwe and Thuli Mine in Beitbridge.These mining operations have, however, in recent…