HARARE – As president Robert Mugabe faces the sunset of his long political career, the perception that he failed to end corruption has persisted because of factual evidence that points to one of the most corrupt regimes in Zimbabwe’s history, analysts say. Before the Zimbabwe Anti-Corruption Commission (Zacc)’s latest blitz against graft in high places,…
HARARE – Plans to set up a credit rating bureau — targeted at reducing information asymmetry between lenders and borrowers — could be slowed down by election preparations, Bankers Association of Zimbabwe (Baz) said. George Guvamatanga, Baz president, said considering the pressures to bankroll the election process, funds may not be immediately available to finance…
HARARE – The recent removal of 81 Zanu PF members from the European Union, EU sanctions list while leaving 10 others has created a debate among Zimbabweans from across the political and social divide. President Robert Mugabe’s potential heirs, Vice President Joice Mujuru and Defence minister Emmerson Mnangagwa are among those off the EU travel…
HARARE – The Easter death toll has increased to 45, with 180 injured in 386 road accidents between Thursday and Monday, police have said. National police spokesperson Paul Nyathi said the number has escalated with three more deaths from the 42 recorded by Sunday. This is a big jump in road carnage as compared to…
HARARE – Harare councillors have approved a $2 million loan the city council intends to borrow from Metbank for the purchase of refuse trucks. Council last year made a resolution to procure 27 refuse removal trucks and five compactors aimed at improving waste management in the city. Banc ABC offered to procure the trucks at…
MBERENGWA – Police arrested six Mberengwa South district executive members of Prime Minister Morgan Tsvangirai’s MDC on Thursday on allegations of holding an illegal meeting. The six officials are Siyakwazi Moyo (district chairman), Nkosilathi Gumbo (deputy district secretary), Hlupo Nkomo (secretary for finance), Thomas Bernard (secretary for tourism), Godsave Zhou (secretary for local government) and…
HARARE – The High Court will tomorrow rule on legal challenges to a proposed June election timetable, a vote seen as a test of democracy five years after an election dispute triggered widespread bloodshed. Judge President George Chiweshe — who was the Zimbabwe Electoral Commission chairperson in the controversial 2008 vote — is presiding over…
HARARE – Political violence is escalating in Mashonaland West, after an activist loyal to Prime Minister Morgan Tsvangirai’s MDC was viciously battered by alleged Zanu PF youths on March 25. Wilson Anderson, the MDC branch chairperson in ward 35 in Zvimba East, sustained serious injuries after he was assaulted at Somerby Estate allegedly by eight…
HARARE – Aiming to bolster its chances of winning the forthcoming crunch polls, the MDC led by Prime Minister Morgan Tsvangirai has extended an olive branch to Lovemore Madhuku, the disgruntled leader of the National Constitutional Assembly (NCA). The move by the MDC comes in the wake of a scathing attack on its leadership by…
HARARE – Kingdom Bank Limited (KBL)’s managing director Francois Molife has resigned. His resignation is with effect from March 15, 2013. AfrAsia Kingdom Zimbabwe Limited (AKZL) — KBL’s parent company — said Molife left the group’s flagship subsidiary to pursue personal interests. “Sylvester Dendere, the then deputy managing director, has been appointed acting managing director…
