THREE months ago, the Zimbabwe Defence Industries (ZDI) opened a new line of business — procuring foodstuffs on behalf of the Zimbabwe Defence Forces (ZDF). The initiative has caused a storm, amid accusation that ZDI could be evading duty at the borders and that the parastatal is contributing to de-industrialisation.…

PRESIDENT Robert Mugabe will soon convene a special Politburo meeting to get to the bottom of the rot that reared its ugly head at the just-ended ZANU-PF Youth League conference at which senior officials in his ZANU-PF party were accused of using money to influence delegates to vote for their…

GOVERNMENT has sounded alarm bells on pension funds that are in an unsound financial position, in part caused by their failure to collect contributions from the country’s troubled corporate sector. The Insurance and Pensions Commission (IPEC), which superintends over the pensions and insurance sector, has written to industry players threatening…

PRESIDENT Robert Mugabe on Sunday urged Southern Africa to reduce its dependence on foreign aid and to make better use of its natural resources such as minerals and land. Mugabe was speaking at the opening of a two-day summit of the 15-member Southern African Development Community (Sadc) in Zimbabwe’s Victoria…

GOVERNMENT, which controversially hiked tollgate fees by 100 percent less than a month ago, has been diverting funds earmarked for road development towards payment of civil servants salaries, the Financial Gazette can report. The disclosure was made by the permanent secretary in the Ministry of Transport and Infrastructure Development, Munesu…

PRESSURE is mounting on President Robert Mugabe to restructure his administration as a barrage of complaints against a number of his ministers are showering in from various directions in developments that, if he takes heed, could trigger a Cabinet reshuffle. Calls from the party, government and even from his wife,…

ZIMBABWE’s deepening economic crisis is severely affecting the government’s ability to fund public health delivery and restricting poor people’s access to health care, economists, government officials and health experts agree. The economy had shown signs of modest improvement under the government of national unity (GNU) between 2009 and 2013, when…

SOUTH Africa on August 12 said around 250,000 Zimbabweans living in the country on temporary visas due to expire this year can get three-year extensions, delaying a possible mass expulsion of workers. Home Affairs Minister Malusi Gigaba said a scheme that allowed Zimbabweans to flee the political crisis at home…

AS the economic crisis continues to dig in and disposable incomes relentlessly dwindle to unprecedented levels, an average of 150 families are losing their houses every month, and hundreds more have various properties attached by court orders due to failure to service debts. Companies have been no exception as tens…

CHIEFS, considered a key pillar in ZANU-PF’s scheme of things, are threatening to boycott their annual conference set for next month if government does not give them brand new cars and farms; raise their allowances and exempt them from paying road user fees by the 30th of this month, the…