TUNIS – Thousands of Tunisians have rallied in front of the National Assembly in the capital Tunis calling for the Islamist-led government to resign. The opposition National Salvation Front has called for a week of protests over what it says is the government’s inability to guarantee security. The protests come a month after the assassination…
WASHINGTON – American forces are “ready” to launch strikes on Syria if President Barack Obama chooses to order an attack, US Defence Secretary Chuck Hagel says. “We have moved assets in place to be able to fulfil and comply with whatever option the president wishes to take,” Mr Hagel told the BBC. US Secretary of…
HARARE – Freestate, a short film featuring veteran actor Steven Chigorimbo alongside Canadian lead actress and director Martha Ferguson, premiered in Harare on Friday. The 12-minute film on a special relationship between a single white woman and her married driver, is the main highlight of the highlight of the International Images Film Festival (IIFF). Freestate,…
HARARE – Ninja president Winky D brought down the Mutare Hillside Golf Club, as Africa University (AU) students bused to the venue danced the night away at the Campus Nite gig bankrolled by Lion Lager. The Ninja president jumped onto the stage, sending revellers into delirium after unleashing his hit track Musarove Bigman. The ongoing…
HARARE – Utakataka Express front-man Peter Moyo is reluctant to take back Gift Katulika aka Shiga Shiga saying he is more comfortable working with band members who stood by him through thick and thin. The young Igwe spoke to the Daily News yesterday from his Kwekwe base after speculation that the youthful musician is considering…
HARARE – This year’s season of the Big Brother Africa reality TV show came to an end on Sunday with Namibia’s Dillish bagging the $300 000 prize, a surprise win. Cleo was announced the first runner-up of the show. But Zimbabwe did not walk away entirely empty handed as Elikem said he would share his…
HARARE – Despite the pomp and fanfare that characterised President Robert Mugabe’s seventh inauguration at the National Sports Stadium in Harare last week, little has changed for the thousands of people who watched the veteran leader receive a new mandate and solemn pledges of loyalty from security chiefs. Power outages are set to persist, the…
HARARE – Foreign investors should accept and deal with Zimbabwe’s indigenisation policy, financial advisory firm Lynton Edwards Stockbrokers (Les) says. Zimbabwe is implementing an empowerment policy — compelling foreign-owned firms to cede 51 percent shareholding to black locals — that recently re-elected President Robert Mugabe vowed to aggressively pursue during his seventh term in office….
HARARE – Equities market regulator, Securities Commission of Zimbabwe (SecZim), has condemned companies’ share buybacks arguing the schemes were exacerbating the liquidity crisis and “keeping the Zimbabwe Stock Exchange (ZSE) obscure”. Tafadzwa Chinamo, SecZim chief executive, said share buybacks were common and ideal in advanced markets where there are funds whose overriding objective is to…
HARARE – President Robert Mugabe’s threat to seize the assets of British companies operating in Zimbabwe is likely to deal a fatal blow to the country’s economy, economists warned yesterday. Condemning comments by the 89-year-old president, economists described Mugabe’s threat to nationalise foreign-owned firms as “dangerous posturing”, which would only discourage foreign investors Zimbabwe desperately…
