HARARE – President Robert Mugabe yesterday evoked history in order to lure the elusive Bulawayo vote ahead of crunch watershed elections expected later on this year. He was addressing a memorial service held in Bulawayo for the late Vice President John Nkomo, who died in January this year after succumbing to cancer. Zanu PF has…
HARARE – After the high drama and nail biting finish on Saturday, everybody felt that Sunday’s game would be another closely contested encounter. But, it was not to be. Ironically, both teams played pretty poor cricket, but Bangladesh came into their own in the field. Zimbabwe would probably have felt that they were in with…
HARARE – The Zimbabwe Republic Police intends to put on record correct facts resultant of a statement attributed to the minister of Finance, Mr Tendai Biti in which he is quoted as having said. “At roadblocks, the police are collecting about $2 million a month; the money is not coming to us. It is a…
HARARE – Zimbabwe have dropped four places on the latest Fifa rankings released by the world football governing body yesterday. The Warriors are now ranked 105th in the world and 29th in Africa. Klaus-Dieter Pagels’ men have lost ground after a 2-1 defeat to Egypt in a World Cup qualifier in Alexandria in March and…
HARARE – A car dealer has accused the Reserve Bank of Zimbabwe (RBZ) of flouting exchange control laws after conducting a transaction in United States dollars before the country adopted the multi-currency system. The allegation arose in an application filed by RBZ against Borrowdale Auto Private, in which the central bank is demanding “outstanding” vehicles…
HARARE – A vagrant who robbed Olympic gold medallist Kirsty Coventry as she was coming from the airport has been sentenced to an effective one year in prison. Marlvin Mushonga was lucky to escape with a lesser prison term after magistrate Musaiona Shortgame suspended one year on condition of good behaviour while two years were…
HARARE – The National Social Security Authority (Nssa) met Reserve Bank of Zimbabwe (RBZ) authorities on Monday to discuss Capital Bank Corporation Limited (CBC)’s recapitalisation initiatives, businessdaily has established. James Matiza, Nssa’s general manager, confirmed the meeting, but refused to divulge more detail. “We were at the Reserve Bank and we discussed Capital Bank,” Matiza…
HARARE – There was jubilation in the House of Assembly yesterday following the passing of the new constitution Bill. After Speaker Lovemore Moyo announced to the House that the Bill had been given approval by two-thirds of the legislators present in Parliament, legislators from across the political divide broke into song and dance. One hundred…
HARARE – The African Development Bank (AfDB) has granted Zimbabwe a $24,7 million loan to support the country’s capacity building projects. The continental bank yesterday said the grant was targeted at improving public finance and economic management, thereby contributing to macroeconomic stability and poverty reduction. “The specific objective is to strengthen the capacity of Zimbabwe’s…
HARARE – Struggling Zimbabwe United Passenger Company (Zupco) is battling to protect some of its property over a $763 000 debt owed to Pioneer Motor Company. The government-owned transport company has approached the High Court, appealing against an order allowing Pioneer Motor Company authority to attach Zupco’s property to recover its money. According to court…
