December 22, 2024
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…
Relief agencies clai-med last week that more than half the population, about six million people, would be in need of food handouts between now and the next harvest in April.They said the large number of urbanites joining the growing queues of people in urgent need of food assistance…
We cannot remain bogged down like this forever. The good thing is that when I was in Lusaka for Cde Rupiah Banda’s inauguration as president, I took the opportunity to sound out some of the SADC leaders who were there, and they all assured me that Morgan has…
The brother gave a long but brilliant speech. The US was constituted out of many races and populations, and the founders hoped that one day, a more perfect union would come out of it. Obama emphasised the meaning of this great idea, called the United States.The celebration marked…
merican presidential election that pitted democrat Barack Obama against war hero and veteran politician John Mccain of the Grand Old Party as the Republicans are popularly known, the air was pregnant with excitement. Most polls showed Obama leading with a wide margin on Monday, the last day of…
IN my article last week, I alluded to the need for a change in policy as a vehicle towards positive economic growth. In this article, allow me to hazard what I think can be quick hits in our economy. In business, quick hits refer to those areas that…