HARARE – Spoken word artist Christopher ‘Vokal Da Poet’ Chiwanza came out tops in a competition held by Shoko Festival to select poets whose works will be published on the Poetry International (Holland) website. The competition held by Shoko Festival in partnership with Magamba Network and Poetry International Zimbabwe, also saw the selection of nine…
HARARE – The Deposit Protection Corporation has so far paid 220 Trust Bank Limited (Trust) depositors following closure of the financial institution last December. However, the compensated account holders represent only eight percent of the total 2 958 who had their money locked up in the bank. This comes as DPC defied a petition by…
HARARE – Zimbabwe has auctioned 28,6 million kg of tobacco worth $88 million since the beginning of the 2014 selling season mid-February. The Tobacco Industry and Marketing Board (Timb)’s latest statistics, however, indicated that the commodity’s price has remained depressed at an average $3,07 per kg, 16 percent down from last season’s $3,67. By end…
HARARE – Zimbabwe will lag behind its African peers in development if its government does not enforce investor-friendly policies, deputy British Ambassador to the country Chris Brown said. This comes as the investment-starved country is desperately trying to attract foreign direct investment (FDI) and access international lines of credit. But investors and financiers are wary…
EDITOR — The corruption cancer bedevilling our nation needs real action to rescue the declining economy. In recent months, we have read a lot of stories on corruption in various sectors of the economy. The public is waiting for the practical steps which can be used to curtail these vices. What is the Zimbabwe Anti-corruption…
HARARE – An African-American campaigner for the rights of the black people, WEB du Bois, was once denied a passport by the US government to travel to a conference at which the black people of the US were to meet the black people of Africa. Among those who eventually attended the meeting in Europe were…
HARARE – Statements this week by Finance minister Patrick Chinamasa that Zimbabwe is far from reaching the prescribed International Monetary Fund (IMF) Staff-Monitored Programme targets, makes sad reading. This coming after the country had requested a further six-month extension to the programme, which should have ended in December last year, shows that the Zanu PF-led…
HARARE – President Robert Mugabe yesterday attacked the State media for using extraordinary measures to impose a media blackout on retired Reserve Bank of Zimbabwe governor Gideon Gono, saying he would kick out those responsible. Mugabe was speaking after touring Gono’s highly-mechanised Donnington Farm in Norton. He said the “Press” has embarked on a campaign…
BULAWAYO – The MDC says its economic blueprint Jobs Upliftment Investment Capital and Environment(JUICE) launched in 2012 could have worked better than the Zimbabwe Agenda for Sustainable Socio-Economic Transformation (ZimAsset) currently flaunted as a panacea to Zimbabwe’s economic problems. “We would have done better because JUICE appeals to investors. It is not a populist policy…
HARARE – The International Monetary Fund (IMF) has warned of a challenging economic environment ahead and urged government to pursue strong macroeconomic policies. An IMF staff mission, led by Alfredo Cuevas, which was in the country to hold discussions on the 2014 Article IV Consultation and the combined first and second reviews under the Staff-Monitored…
