A PROPRIETOR with an indigenous company has threatened the Financial Gazette’s business reporter, Phillimon Mhlanga, over his investigations into a story on alleged corruption over the awarding of a pre-paid meter contract by power utility, ZESA Holdings. Bulukani Masola, owner of Solahart which supplies ZESA’s subsidiary, the Zimbabwe Electricity Transmission…
SOUTH African President Jacob Zuma who faces crucial elections in May could be attempting to curry favour with President Robert Mugabe after he cancelled several key obligations at home and abroad to create time to attend Bona Mugabe’s wedding last Saturday. Apparently Zuma cancelled at the eleventh hour a “working…
TWO of the country’s arms of State, Parliament and the Executive, are at odds over the course of action to take on parastatal bosses who have been exposed for looting public funds through obscene salaries, board fees as well as other jaw-dropping perks in what could be a reflection of…
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. …