HARARE – In typical repressive style, police yesterday banned the distribution of free portable radios which were meant for rural communities. At the same time, the police broke windows and doors of Non-Governmental Organisations in a dastardly NGO crackdown which should be condemned. While we hold no brief for NGOs, we are shocked by the…
HARARE – If we had to pick one adjective that best describes MP’s demands that they be paid for educating their constituents about the draft constitution, that word would be shameful. Worse still, the call for payment was led by a mainstream MDC MP, Webber Chinyadza. In the last decade thousands of MDC supporters, members…
HARARE – Listed conglomerate Meikles Limited (Meikles) is forging ahead with its plans to venture into mining, as the group has applied for a licence from the Mines ministry. Back in November, Meikles’ chairperson John Moxon announced the formation of a stand-alone mining unit Meikles Resources, projecting that revenues from the venture could exceed those…
HARARE – Touring Zimbabwe might have arrived in the Caribbean at the weekend like a lamb to the slaughter, ripe for a tour whitewash, but stand-in West Indies captain Dwayne Bravo has warned the African side “are going to beat us if we don’t do the right things.” Bravo, standing in for the rested regular…
HARARE – Zimbabwe raked in $4 million from the sale of 1 201 646 kilogrammes (kg) of tobacco at an average of $3,33 per kg after three days of selling, the Tobacco Industry and marketing Board (TIMB) said. However, this was a slump from the $4,7 million realised on the sale of 1 322 686…
HARARE – A lawyer representing Zimbabwean football legend Peter Ndlovu has announced his client “categorically denies” culpable homicide charges being levelled against him, but says he “saw it coming.” The troubled ex-Warriors captain briefly appeared before the Victoria Falls Magistrate Court yesterday facing culpable homicide charges emanating from a fatal car crash which killed his…
HARARE – The Zimbabwe Football Association (Zifa) yesterday commissioned the much-awaited Zimbabwe Football Trust (ZFT) which has been tasked to help mobilise funds for all national representative teams. Zifa, who are currently reeling with a ballooning $4million debt and are desperate to spruce up the local game’s after the world-famous Asiagate match-fixing scandal, is in…
HARARE – Standard Chartered Bank’s (Stanchart)private equity arm is looking for more deals in Zimbabwe betting on a rise in consumer spending after years of hyperinflation, a senior executive said. The British bank, whose private equity business has assets under management of about $4,5 billion, made an investment in Zimbabwean agri-business Ariston Holdings through one…
HARARE – Civil society in Zimbabwe is under threat of infiltration by State security agents and has no immediate solution because of deep divisions and a lack of leadership, according to a recent report. A report by the Zimbabwe Democracy Institute (ZDI) sensationally claims that some civil society leaders sit on too many boards and…
HARARE – Securities Commission of Zimbabwe (SecZim) says the Zimbabwe Stock Exchange (ZSE) is yet to identify a strategic technical partner who will bring in the requisite expertise for the automation of its trading platform. Tafadzwa Chinamo, SecZim’s chief executive, refuted claims that the local bourse is broke to finance the automation. “This is in…
