HARARE – Zimbabwe collected a total of $133, 7 million in mining royalties last year, missing its $245 million target, the African Development Bank (AfDB) said. In its February 2014 report, the regional bank said the country missed the projected figure because of depressed global prices. The collections were marginally lower than 2012’s $134,4 million….
HARARE – Innscor Africa’s meat processor Colcom is tipped to more than double its year to June 2014 profits to $4,8 million on the back of refurbishments and an expansion programme, analysts projected. Colcom recorded a $2,2 million profit in the half year to December 2013. Stock broking firm, EFE Securities (EFE), said Colcom’s interim…
EDITOR — In ancient times, whole cities were walled and barricaded to safeguard the citizens within. However, a watchman who stood guard at the highest point was the guarantor of safety and tranquillity. He was the one who warned of impending disasters and the ancient nations would brace themselves for imminent danger. I view the…
EDITOR — For the past few months I have been reading of Elton Mangoma’s political escapades prompted by his letter calling for MorganTsvangirai’s resignation. He has defended his actions saying that he is doing what is right for the generations to come, that what Tsvangirai is doing is unconstitutional, that Tsvangirai has failed as a…
HARARE – As Zimbabwe’s economy bleeds into deflation contrastingly not long after a record breaking and crippling hyperinflationary era — becoming a typical case study on how not to run an economy — strong doubts are emerging about the calibre of the country’s two main political parties in bringing their citizenry to the biblical promised…
HARARE – There are a number of instances when government has missed opportunities to put this country on a lofty pedestal because of lethargy and dithering thereby giving momentum to outsiders to capitalise on these missed chances. Without enumerating the array of lost opportunities over time, news that government is still undecided whether to partner…
HARARE – The MDC reiterated yesterday that it was willing to hold talks with party rebels it accuses of leading a coup bid against its leader, Morgan Tsvangirai, and denied that there had been moves to purge dissenters. Tsvangirai’s supporters have been at loggerheads with members calling for leadership renewal in the party, since the…
HARARE – The criminal defamation charges being levelled against the Group Editor of Associated Newspapers of Zimbabwe (ANZ), publishers of the Daily News, Stanley Gama, and senior writer Fungi Kwaramba have been referred to the Prosecutor General’s office for consideration. The two were arrested on Monday and spent three hours at Highlands Police Station where…
HARARE – Emmerson Mnangagwa, the Justice minister, yesterday defended action that makes defamation a criminal offence punishable by imprisonment of journalists. Parliamentarians accused authorities of tightening curbs on free expression in the wake of corruption exposes. Parliamentarians condemned the arrest of Daily News group editor Stanley Gama and senior writer Fungi Kwaramba under criminal defamation…
HARARE – Constitutional law expert Lovemore Madhuku has urged legislators to defy the decree by Jacob Mudenda, speaker of the National Assembly, gagging them from debating a corruption motion. Madhuku was speaking at a breakfast meeting organised for legislators by the Zimbabwe Lawyers for Human Rights in Harare yesterday to discuss their oversight role in…
