HTHE ruling ZANU-PF party is venturing into the capital intensive mining sector to shore up its precarious cash flows in what is likely to trigger uproar over possible conflict of interest, the Financial Gazette can reveal.…
ECONOMIC experts have warned of tough times ahead which may require belt tightening across all sectors of the economy as 2014 threatens to be even harsher than last year.The country is going through an economic squeeze which is making life unbearable for citizens, with debilitating effects on industry and commerce.Several…
Gweru mayor, Hamutendi Kombayi, has sought audience with Movement for Democratic Change (MDC–T) leader Morgan Tsvangirai, pleading with him to use his powers to reverse a decision made by the party’s national executive council to recall him from his position.…
THE alignment of existing laws with the new Constitution may take up to mid 2015, the Clerk of Parliament Austin Zvoma, has said.While the country adopted a new Constitution last year, its provisions need to be in tandem with more than 100 pieces of legislation.It has therefore become imperative that…
FORMER Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono has refused to be drawn into the hullabaloo being stirred in the public media by faceless characters over his decision to engage Tendai Biti of the Movement for Democratic Change to defend him against corruption allegations brought up by his former…
FINANCE Minister Patrick Chinamasa will today present the much-awaited 2014 National Budget, expected to determine the course of Zimbabwe’s feeble economy currently beleaguered by a liquidity crunch.…
LITTLE England Farm, once a thriving agricultural enterprise in Mashonaland West has been decimated following its acquisition during the land reform programme.While the 6 000 hectare property was initially occupied by ordinary people in Zvimba District following its compulsory acquisition by government, most of them were booted out in 2004…
THE shadowy Mbare-based gangster style outfit, Chipangano, may have been dealt a blow after its purported leader Jim Kunaka lost in the recent ZANU-PF provincial elections, analysts intimated to the Financial Gazette this week.…
LEGISLATORS from the previous Parliament are said to be separately preparing claims against the legislature over unpaid allowances running into millions of greenbacks, the Financial Gazette heard this week.…