HARARE – Independent End Times Message founder Robert Martin Gumbura, who has 30 children and 11 wives, has told a Harare magistrate that he aimed to have 100 children. Gumbura, who is facing multiple rape charges, yesterday denied molesting women, as his defence case opened. Prosecutor Jonathan Murombedzi closed the State’s case after leading evidence…
HARARE – Finance minister Patrick Chinamasa yesterday reiterated that there will be no immediate re-introduction of the Zimbabwe dollar. This is on the back of escalating fears and debate over the return of the local currency as the country suffers an acute liquidity crisis. Some officials in President Robert Mugabe’s Zanu PF party have called…
HARARE – Finance minister Patrick Chinamasa yesterday introduced a raft of measures targeted at improving accountability and transparency in the handling of diamond revenue. This is on the back concerns over the remittance of diamonds proceeds to Treasury. Under his proposed “revenue sharing model”, the Treasury chief said government would charge a 15 percent royalty…
HARARE – Flamboyant musician Energy Mutodi is appealing against a High Court ruling ejecting him from the Gimboki Housing Project in Mutare’s Dangamvura suburb. Mutodi has instructed his lawyers to lodge a Supreme Court application seeking to quash the High Court ruling. High Court Judge Happious Zhou made the ruling, following an application by a…
HARARE – A Harare magistrate has said that the State should first put its house in order before bringing Douglas Mwonzora, the MDC spokesperson, for trial on theft of trust property charges dating back to 2006. Mwonzora was back in the dock yesterday for the commencement of his trial. However, his lawyer Eric Matinenga raised…
HARARE – Retailers are refusing to slash the prices of sanitary wear in the wake of a 15 percent cut in import duty. Renias Mundingi, Southern Africa Aids Dissemination Service (SafAids) senior programmes officer, said the lack of follow up on the pricing regime was hindering the fulfilment of the right to sexual and reproductive…
HARARE – Crisis in Zimbabwe Coalition (CiZC) elected a new executive committee led by Dewa Mavhinga at an elective Annual General Meeting (AGM) held last Friday at Montgomery Gardens in Harare. The new executive of Crisis ? a conglomeration of more than 350 civic society organisations ? will serve a two-year term until 2015. Mavhinga,…
HARARE – Finance minister Patrick Chinamasa — expected to present the 2014 budget today — must cut down on “unnecessary” government expenditure and direct funds towards economic revival as well as attract foreign capital, analysts say. The budget presentation, which had been postponed from the traditional month of November, comes as fiscal indiscipline has been…
HARARE – China Africa Sunlight Energy (Caseco) — a joint venture between Chinese Shandong Taishan Sunlight Investment Company and Zimbabwe’s Oldstone Investments — plans a $2 billion investment in the country over the next 12 years. The Asian group is currently finalising a $1,3 billion loan from Export-Import Bank of China that will see commencement…
HARARE – Econet Wireless Zimbabwe (Econet) says its banking subsidiary, Steward Bank, is sound and will not be affected by the prevailing liquidity crisis. Douglas Mboweni, Econet’s chief executive, yesterday said since taking over the financial institution — formerly known as TN Bank ? the group had implemented tough restructuring measures. “We brought in experts…
