HARARE – Two weeks after the conclusion of the disputed harmonised elections, Zimbabweans, particularly business, eagerly await the direction the country will take. This week, I decided to draw my fantasy cabinet to try and understand the mammoth task that faces President Robert Mugabe in trying to take the country forward. Mugabe’s inauguration speech will…
HARARE – The recent elections in Zimbabwe were always likely to be problematic. Despite the hope of former South African president Thabo Mbeki in 2007 that his mediation efforts would lead to elections “conducted in a manner that will make it impossible for any honest person in Zimbabwe to question the legitimacy of their outcomes,”…
HARARE – Foreign investors may acquire a stake in Zimbabwe’s largest banking group by deposits, CBZ Holdings Limited (CBZ), after taking up $10 million debentures convertible to shareholding on maturity. The debentures have a three-year tenure. Based on CBZ’s $0,15 closing share price yesterday, the foreigners could acquire a 9,74 percent stake in the group…
HARARE – Zimbabwean banks have “played down” the run on deposits that happened following President Robert Mugabe’s election victory. The Bankers Association of Zimbabwe (Baz) — financial institutions’ umbrella body — yesterday told businessdaily that banks were conducting business “as usual”. “The public shouldn’t be alarmed by the rumour that people have been hastily withdrawing…
HARARE – MDC president Morgan Tsvangirai said yesterday president-elect Robert Mugabe and his Zanu PF party were seeking talks with him after a disputed election on July 31. But the opposition leader said he would not countenance giving Zanu PF an audience until they did the “right thing” by going for a fresh poll. “…Another…
HARARE – South Africa’s President Jacob Zuma has dismissed as mere gossip reports that he is finished with his mediation in Zimbabwe following Zanu PF’s disputed landslide victory in July 31 polls. In a statement posted on the South African presidency website yesterday, Zuma, who is the Southern African Development Community (Sadc) mediator on the…
HARARE – President Robert Mugabe’s Zanu PF has said it will work to heal a rift with Western countries as stipulated in the party manifesto. Rugare Gumbo, Zanu PF’s spokesperson, told the Daily News Zanu PF will keep its doors open for Western countries who wish to open a new page of “mutually respectful re-engagement.”…
HARARE – Graffiti has exploded across Zimbabwe’s capital Harare protesting the disputed results of the July 31 vote that saw President Robert Mugabe romp to a landslide victory. After weighing the risk of staging mass action against Mugabe’s re-election and deciding to refrain from confrontation, graffiti alluding to the “stolen election” under the “Zanu PF…
HARARE – Lawyers representing President Robert Mugabe said the Electoral Court has no jurisdiction to deal with outgoing Prime Minister Morgan Tsvangirai’s election petition, as High Court Judge Chinembiri Bhunu reserved ruling yesterday. Tsvangirai is requesting materials and information that he intends to use in contesting the just-ended July 31 presidential election that saw Mugabe…
HARARE – A woman who allegedly quotes Bible verses to blackmail her husband’s lover was yesterday dragged before the courts. Susan Siwawa was brought before Harare Civil Court by Wanzirai Maoni for allegedly stalking and verbally abusing her. Maoni through her legal representative told the court that Siwawa had caused her misery through incessant calls…
