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The International Monetary Fund (IMF) is to send a mission to Zimbabwe this month for a review of the country’s progress in implementing its Staff Monitored Programme (SMP), sources said this week. The Financial Gazette’s Companies & Markets could not immediately establish the dates of the visit. An SMP is an…
PRESIDENT Robert Mugabe turned 90 years old last Friday, marking yet another milestone in a long carrier marking him out as a veteran of local and global politics. And as he walks into the sunset of his political career, the ZANU-PF leader is seen through different lenses. To admirers, he…
ZIMBABWE’s leading opposition political figure Morgan Tsvangirai (pictured) is fighting for survival within his Movement for Democratic Change (MDC-T), a party he helped to found in 1999.…
COMPANIES operating at the controversial Marange diamond fields in Manicaland are haemorrhaging owing to the decline in output with labour disputes over the non-payment of salaries and the reduction in working hours becoming the order of the day.…
THE Movement for Democratic Change (MDC-T) faces a possible split that might compound its woes and further diminish its chances of recovering the ground it has lost over the years, as Morgan Tsvangirai, the party’s embattled leader, attempts to whip into line all those who are opposed to his continued…
ALL eyes are on President Robert Mugabe as his leadership faces a stern test in the wake of an expose` on corruption in State-owned entities that requires a strategic and tactical approach from the highest office in the land, analysts said this week. …
ZIMBABWE’S National Budget has already come under stress from a salary hike agreed between government and civil servants last month, with indications several projects could suffer as resources are diverted towards salaries. …
SEVERAL projects initiated under the Constituency Development Fund (CDF) are still to be completed with no light at the end of the tunnel since the 2014 National Budget did not allocate any resources towards the programme. …
A DECISION to change the initial design for the Tokwe-Murkosi Dam could be behind the present structural challenges now threatening the multi-million dollar reservoir. …
THE board and management of the Rural Electrification Agency (REA) is embroiled in a US$4 million scandal whereby they extended to themselves and other connected private citizens loans amounting to close to US$4 million, the Financial Gazette can exclusively reveal. Of that amount, US$2,5 million was extended to connected citizens while…
