HARARE – Financial services group Tetrad Holdings Limited (THL) says it is focusing on raising $500 million capital by 2015 and has no immediate plans to list on the Zimbabwe Stock Exchange (ZSE). Eugene Mlambo, THL’s chief executive, told businessdaily that it was imperative to realign and consolidate capital base before listing on the local…
HARARE – A Harare man who teamed up with his wife to beat his girlfriend is now in trouble with the law. The couple ganged up to beat Memory Chitanga after they met her at the maintenance court. Pious Makiwa, 41, is being charged with physical abuse while his wife Rachel Chitsatso faces assault charges….
HARARE – Caps United will aim to bounce back from two successive defeats as they make a fresh start to their Castle Premiership campaign against newly promoted Triangle on Sunday. Since their 4-1 win over Black Mambas during week six, CAPS United went on a losing streak, going down 1-0 to Chicken Inn before suffering…
HARARE – Like members of a single family, women from across the political divide gathered in Harare to plot their ascendancy to power in the upcoming elections. Dubbed “Vote for a woman campaign”, the project aims at boosting women’s numbers in Parliament and Cabinet irrespective of political affiliation. In a country heavily polarised by successive…
HARARE – At least 1, 6 million people in Zimbabwe rely on food aid, as the country only has about 92 000 tonnes of maize in stock and will have to import 150 000 tonnes of maize to meet its demand. The situation is even more desperate in drought-prone regions across the country, a situation…
HARARE – Prime Minister Morgan Tsvangirai’s MDC is considering clearing an expelled Chitungwiza councillor to contest in primary elections as reward for blowing the whistle on corruption in the municipality. MDC sacked all the councillors it had in the dormitory town in January 2010, barely two years after they had been elected in March 2008…
HARARE – Fireworks are expected at tomorrow’s Cabinet meeting as the Prime Minister Morgan Tsvangirai-led MDC takes the electoral war to President Robert Mugabe’s Zanu PF over a voter registration programme mired in controversy and renewed crackdown on pro-democracy groups. Matters have come to a head in the “unity” government after the police, accused by…
HARARE – Four officials from Prime Minister Morgan Tsvangirai’s office accused of breaching the Official Secrets Act, possessing articles for criminal use and impersonating the police appear in court today. Thabani Mpofu, Mehluli Tshuma, Felix Matsinde and Warship Dumba, who all work in Tsvangirai’s research and development office, will appear at Harare Magistrates Court this…
HARARE – Crusading on an indigenisation programme — the corporate version of the farm invasions a decade ago — President Robert Mugabe is seeking to shore up his support ahead of an election which promises not only to be his last, but bruising as well. With Zimbabwe set to go for polls this year, the…
HARARE – An urgent chamber application filed by Marange Resources (Marange) at the High Court to stop an arbitration process initiated by Core Mining Resources has failed to help as the appointed mediator begun the process last Friday. Marange Resources, a government investment arm in the mining of Marange diamonds, is in dispute with Core…
