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PRESIDENT Robert Mugabe has sent the first clearest sign yet, signalling his intention to quit active politics possibly before the end of his five-year term by appointing an outright political Cabinet that blends the old guard with the young Turks, in what could be indicative of his desire for continuity,…
THE importation of maize to avert starvation in the face of looming hunger will have huge financial implications on the country which, among other things, may drain the fiscus and result in increased cost of borrowing on an already liquidity challenged domestic market, analysts have said.…
MASVINGO — Former Masvingo governor, Dzikamai Mavhaire, who has been lingering in the political wilderness after a fallout with President Robert Mugabe, has bounced back as Minister of Energy and Power Development.…
SOME senior members in the Movement for Democratic Change (MDC-T) are pushing for a massive restructuring of the movement in the wake of the party’s heavy electoral loss in the July 31 polls that saw President Robert Mugabe extending his rule by another five years, The Financial Gazette can exclusively…
INCOMING councillors throughout the country face a herculean task ahead as they will be welcomed by empty coffers.When they assume office in the coming weeks, a baptism of fire awaits the newly-elected councillors since nearly all the municipalities are in the red.…
BULAWAYO — Minority groups in Matabeleland have intensified programmes aimed at promoting their previously marginalised languages in the wake of the adoption of the new Constitution of Zimbabwe in June this year.The new supreme law, which repealed the Lancaster House charter, accords official status to 16 languages.…
LOVEMORE Madhuku is set to step down next month from the National Constitutional Assembly (NCA) amid indications that he might launch a new political party to challenge President Robert Mugabe’s hegemony at the next elections in 2018, The Financial Gazette can exclusively reveal.…
A DIRECTIVE issued by the government last month ordering municipalities to cancel all debts owed by residents backdating to February 2009 has thrown local authorities into financial turmoil.In the case of the capital city, council employees have not received their salaries for last month because revenue has literally dried up.…
POSSIBLE unity talks between ZANU-PF and the troubled Movement for Democratic Change (MDC-T) have divided outgoing Prime Minister Morgan Tsvangirai’s party with hardliners in the faltering movement equating the potential for cooperation with their archrivals as dining with the devil.…
BULAWAYO — The road has been cleared for ZANU-PF’s national party chairperson Simon Khaya-Moyo’s ascendancy to the post of Vice President for which he is the frontrunner, following ZANU-PF’s resounding victory in last month’s harmonised elections, The Financial Gazette can report.The post of second Vice President fell vacant in January…
