HARARE – Zimbabwe’s High Court will tomorrow rule on an application seeking the indictment of Mines and Mining Development minister Obert Mpofu on contempt charges and forcing him to register a tribute agreement of a man claiming 50 percent ownership of a Shamva quarry. Base Minerals and Chiroswa Minerals shareholder Peter Valentine has asked the…
HARARE – Zimbabwe must diversify its economy to achieve sustainable economic growth in the medium-term, the World Bank (WB) has warned. The country has pinned its 2013 economic growth hopes on the mining sector. Nadia Piffaretti, World Bank (WB)’s senior economist, said Zimbabwe must adopt the Malaysian economic development model. The Malaysian model, considered one…
HARARE – Youths in Mudzi have demanded that the coalition government institute measures to ensure that young people are protected from violence that has haunted successive elections in Zimbabwe. They say areas such as Uzumba, Maramba and Pfungwe are particularly volatile, leaving youths vulnerable. Speaking at an electoral rights indaba that was held at Zhuwawo…
HARARE – Tourism minister Walter Mzembi says elections must be held before June to avoid disrupting the forthcoming United Nations World Tourism Organisation (UNTWO) general assembly slated for August. Zimbabwe is expected to co-host the key tourism event with Zambia in the resort town of Victoria Falls. “The timing of elections is an area that…
HARARE – The Reserve Bank of Zimbabwe (RBZ) has imposed fines on exporters, accusing them of externalising up to $360 million. The regulator said some exporters were keeping their export proceeds offshore beyond the prescribed 90 days, thereby “contributing to the liquidity crunch in the market.” Zimbabwe has been experiencing liquidity challenges since the introduction…
HARARE – Nhamo Chitimbe gained public recognition after bringing famed Jamaican stars to Zimbabwe. The 48-year-old feisty Shumba Instrumentation boss is back in the limelight, this time for allegedly raping a friend. Prosecutors say Chitimbe forced himself on the 25-year-old woman after giving her a glass of whisky, which made her fall unconscious. Chitimbe yesterday…
HARARE – Zimbabwe continues to pay a heavy price for poor health services as typhoid firms its grip nationwide. Suspected cases have risen to almost 7 000 with 141 of them having been confirmed. Fatalities stand at six, according to latest statistics from a ministry of Health report. According to the report, Harare still leads…
HARARE – On a Super Sunday belonging to sports teams wearing green, Sunday Mba delivered the African Cup of Nations trophy to Nigeria. Halfway across the world, Australia batsman Adam Voges’ ton against the West Indies in Melbourne gave the Baggy Greens a resounding 5-0 series whitewash. Back home at the Harare Sports Club (HSC)…
HARARE – A five percent fuel hike has irked motorists who have been enjoying price stability for the past year. The Daily News yesterday took to the streets and motorists expressed their displeasure at the hike, while economic analysts warned them to anticipate another hike. “There should be some warning of some sort. There is…
NAIROBI – Kenya has held its first presidential debate – between all eight candidates in next month’s tightly contested poll. Millions of Kenyans watched and listened to the live debate, broadcast on 42 local radio and TV stations, as well as YouTube. Prime Minister Raila Odinga and his deputy Uhuru Kenyatta, who faces trial for…
