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CONTROVERSIAL Bikita West legislator Munyaradzi Kereke’s empire is skating on thin ice with his flagship Rockfoundation Medical Centre (RMC) now on the verge of collapse following the seizure of most of its movable assets to recover a debt owed to Westchase Consultants. Westchase claims it was not paid for services…
MOVEMENT for Democratic Change (MDC-T) leader Morgan Tsvangirai risks being chucked out of his Highlands home because of failure to service a US$3 million loan secured from government when he was still the Prime Minister of the Republic, the Financial Gazette heard. Tsvangirai received an amount to the tune of…
SHOCKING evidence of government’s inability to effectively police diamond mines has emerged, with confidential reports by the Zimbabwe Revenue Authority (ZIMRA) exposing a sharp decline in taxes and fees due to the fiscus despite robust growth in production levels and output. At least US$1 billion in potential revenue due to…
GOVERNMENT is unhappy with the way the National Social Security Authority (NSSA) is being run and is contemplating a major shake-up at the pay-as-you-go pension scheme once a new board has been put in place, the Financial Gazette can exclusively reveal. A statutory body established in terms of the NSSA…
THE proposed merger of different political parties, civil society and churches into a grand coalition against President Robert Mugabe and ZANU-PF ahead of the next general elections scheduled for 2018 elections is still to take shape with no definite matrix yet by parties involved, showing it could be a while…
JACOB Mudenda, the Speaker of Parliament, faces possibly the sternest test in his political career as he adjudicates in a potentially explosive case in which both factions of the Movement for Democratic Change (MDC-T) are claiming legitimacy of the troubled movement in the National Assembly, the Financial Gazette can report.…
MOVEMENT for Democratic Change (MDC-T) supporters and members aligned to Morgan Tsvangirai’s faction are mobilising against Tendai Biti in Harare East constituency in order to build a solid case against the party’s secretary-general that would justify his planned recall from Parliament. From the branch level up, all wings of the…
A NEW voting system unveiled last week by the Zimbabwe Electoral Commission (ZEC) faces legal hurdles amid indications that the National Constitutional Assembly (NCA) will soon approach the courts to contest its constitutionality. At an all-stakeholders meeting last week, ZEC chairperson, Rita Makarau, announced that the electoral body would move…
A BATTLE for assets looms in the Movement for Democratic Change (MDC-T) as the two warring camps jostle to outwit each other and seize control of the party, the Financial Gazette can report. Following the ouster and counter ouster of key party members — first by the secretary general Tendai…
