HARARE – It can no longer be argued that poverty in Africa is closely related to the greed of its leaders. Most of the people in power would like to remain there for a long time. At some point, they may have been driven by the altruistic desire to “do good for the people”. Later,…
HARARE – The Reserve Bank of Zimbabwe (RBZ)’s initiative to limit individual shareholding in banks and other financial institutions is a noble idea that will inspire confidence in the sector and ensure protection of depositors’ funds. The move, coming at a time when most indigenous banks are facing collapse due to non-performing insider loans as…
HARARE – Troubled Premier Service Medical Aid Society (Psmas)’s board members raked in a staggering $1 million in allowances last year, as fresh details of the alleged plunder at the institution emerge. The members, including presidential spokesperson George Charamba and incoming chairman Luxon Zembe, were paid huge amounts in sitting allowances at a time Psmas…
HARARE – Zimbabwe Elections Commission (Zec) chairperson Rita Makarau yesterday clarified the confusion on former Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono’s ascendency to the Zanu PF senatorial seat in Buhera, saying she could not have commented on the specific issue in the absence of a new law to support her facts. This comes…
HARARE – Government minister Martin Dinha has resold a house he bought for 48 cents five years ago for a whooping $48 000, the Daily News can reveal. Dinha, who is minister of State for Mashonaland Central, bought a council house for a paltry Z$0,48 at the height of the country’s economic woes. The house…
HARARE – Madzudzo Pawadyira, the director of Civil Protection Unit (CPU), has said the department does not have enough funds to help victims of flooding countrywide. Pawadyira told the parliamentary thematic committee on Peace and Security, that they were facing challenges in mobilising money to help victims affected by floods in Muzarabani, Masvingo and Tsholotsho….
HARARE – Two companies that were regular service providers to Zimbabwe Prison Correctional Services (ZPCS) reportedly bribed an officer to inflate the price of goods. Lucia Muramba, 25, a director of Serbs Enterprises, a regular supplier of goods and services to ZPCS, and Edson Bhurisa, 23, a director of Sospark Trading, appeared before Harare magistrate…
HARARE – Nelson Chamisa, the Kuwadzana East MDC MP, yesterday tabled a motion in Parliament pushing for radio and television coverage of parliamentary proceedings. The motion was seconded by James Maridadi, the Mabvuku-Tafara MDC MP. The motion calls “upon the executive to ensure and dedicate a television channel to the coverage of live and recorded…
HARARE – The Constitutional Court has permanently stayed the prosecution of Zimbabwe Congress of Trade Union (ZCTU) on 72 counts of externalising foreign currency, dating back to 2006. The union approached the Constitutional Court, seeking the quashing of the criminal charges, arguing that its right to be tried within a reasonable time had been violated….
HARARE – Six Mt Darwin siblings were yesterday hauled before the Harare Civil Court by their father who claims they assault him regularly, accusing him of possessing goblins. Kimion Mutete told magistrate Tafadzwa Muvhami that his children, Richard, Chipo, Tendai, Charity, Tapiwa and Taurai, accuse him of bewitching their sibling Taurai. He said the six…
