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Mugabe ouster will not solve problems

HARARE – Mainstream MDC legislator Eddie Cross published an article on The Need for a New Road Map before Christmas last year. In it he made a brilliant comparison between the economic changes over the past three decades between China and Zimbabwe, during which China has increased its Gross Domestic Produce (GDP) and per capita…

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Zim, SA comedians forge links

HARARE – Comedian Carl Joshua Ncube has initiated a comedy exchange programme that will enable Zimbabwean jesters to collaborate with their South African counterparts. The partnership between Zimbabwean comedians and their colleagues across the Limpopo was kick-started last year in November when top South Africa stand-up comedians Donovan David Goliath and Jason Goliath, who interestingly…

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Macheso, Sulu share stage tonight

HARARE – Two of the most celebrated musicians in the country Alick Macheso of Orchestra Mberikwazvo and Suluman Chimbetu of Orchestra Dendera Kings are set to clash tonight at the popular Harare venue. The two will share the stage with rising dancehall artiste Killer T and Oliver Mtukudzi’s protégé Munyaradzi Mataruse. Orchestra Dendera Kings publicist…

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Trust Bank liquidation postponed

HARARE – Zimbabwe’s High Court has postponed Trust Bank (Trust)’s liquidation process to February 18 following a successful challenge by the financial institution’s lawyers. Represented by Thabani Mpofu, the bank chiefly argues that depositors are unlikely to support outright closure of the institution hence it must be given a chance to engage investors for fresh…

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Zim secures $53m grants

HARARE – Zimbabwe has secured a total $53,4 million in grants targeted at financing projects including power generation, infrastructure and water sanitation rehabilitation, among others. The finances were availed by donors through the country’s multi-donor trust fund, ZimFund, and the African Development Bank (AfDB). ZimFund ? consisting of contributing donors namely Australia, Denmark, Germany, Norway,…

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Mwana to ramp up Zim mines

HARARE – Aim-listed Mwana Africa Plc (Mwana) plans to ramp up production at its Zimbabwe-based gold and nickel mines following a strong performance in 2013. The resources group, led by group chief executive Kalaa Mpinga, said it planned to increase Freda Rebecca’s gold production to 100 00 ounces per annum and boost nickel in concentrate…

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Barack Obama snubs Mugabe

HARARE – President Barack Obama will exclude President Robert Mugabe when he invites 47 leaders to a landmark US-Africa summit in August, seeking to widen US trade, development and security ties with an increasingly dynamic continent to which he traces part of his ancestry. Obama will send out invites to all African nations that are…

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‘Ncube’s MDC bankrupt’

HARARE – The sun is setting on Welshman Ncube’s political life as his smaller MDC party is collapsing due to bankruptcy. A senior party member based in Bulawayo told the Daily News that all was not well in the party. “I think the end is nigh for some of us,” said the official, who spoke…

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Explain delay, Justice Hungwe ordered

HARARE – The Constitutional Court has ordered High Court judge Charles Hungwe to write an affidavit within 30 days, detailing reasons for his delay in concluding the case of incarcerated murder suspect Jonathan Mutsinze. Mutsinze is the founder of the now defunct Jerusalem Apostolic Faith Church, whose murder case has been awaiting judgment for the…

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