HARARE – When Marondera woke up to thousands of A5 flyers littering urban and residential areas on Thursday morning, the immediate reaction was head shaking and sighs of contempt. Someone had gone around during the night, obviously choosing the cover of darkness because they were ashamed of their actions, and dumped thousands of flyers on…
HARARE – Kingstons Holdings Limited (Kingstons) — a stationery group 51 percent owned by the government — is reportedly on the verge of collapse with debts amounting to over $5,3 million. Since the introduction of the multi-currency system in 2009, dominated by the United States dollar, the group has struggled to remain afloat due to…
HARARE – AIM-listed African Consolidated Resources (ACR) says negotiations with potential investors are at an advanced phase for possible funding for its Pickstone-Peerless gold mine in Zimbabwe. The miner, which unveiled the results of the definitive feasibility study (DFS) for the project yesterday, said the study reveals the robust economics of the operation, which will…
HARARE – Uncertainty over Zimbabwe’s political future continues to affect the country’s economic performance with experts predicting a slowdown of the economy. Zimbabwe is due to hold watershed polls in a fortnight with President Robert Mugabe squaring off longtime rival Prime Minister Morgan Tsvangirai. However, investors have taken a wait-and-see approach with their funds —…
HARARE – In our on-going series of interviews with prospective candidates for the July 31 polls our reporter Fungi Kwaramba (FK) spoke to Simon Chidhakwa (SC) who will be representing the MDC led by Prime Minister Morgan Tsvangirai in Zengeza West Constituency against three other candidates. FK: Tell me about yourself and why you joined…
HARARE – As elections draw near, Zanu PF is dangling 1 600 stands in the Gumbeze area of Marondera Central. Zanu PF is also offering money to youths, chickens for rearing for old people over 65, two weeks before the plebiscite. Stewart Matereke, Marondera Central Ward 2 political commissar made the announcement at a meeting…
CAIRO – At least seven people died in overnight clashes across Egypt’s capital, according to state media reports Tuesday, as unrest continues following the ouster of President Mohamed Morsy. Khaled Al-Khatib, a Health Ministry official, was quoted by EgyNews, Egypt’s state news agency, as saying 261 more people were injured in violence that continued into…
HARARE – Zimbabwean voters on July 31 have a choice to elect a party that has revived the country’s failed economy or one that slashed it by 45 percent in a decade. That is the message being put across by captains of industry, workers and the unemployed. The message has been repeated by Prime Minister…
HARARE – In our print edition today, the Daily News has sought to interrogate Zimbabwe’s economic stewardship over the past 13 years and its prospects after July 31’s key election. As seen in the graphics above, the white line — representing a wretched economic growth rate — plunged to a record minus 16 percent between…
HARARE – In two weeks’ time, Zimbabweans will be voting in a harmonised election. The campaigns are in full swing with the usual hate-speech from the usual culprits. Grace Mugabe typified the hateful campaigning with rather distasteful “jokes” about MDC leader Morgan Tsvangirai. But for a subservient people deprived of almost everything, even the resilience…
