HARARE – It could be too early to thrust Charles Sibanda as the man who could lead Highlanders to wrestle the title from Dynamos but certainly the midfielder has made a good impression thus far. The former Motor Action talisman, who signed for Bosso at the beginning of the year, is beginning to catch the…
HARARE – As the economic crisis in Zimbabwe reaches boiling point, President Robert Mugabe’s move to push for amendments to the controversial indigenisation policy has left former minister of Indigenisation, Savior Kasukuwere with egg on his face. Diverging from Kasukuwere’s hard stance on the implementation of the policy, compelling foreigners to cede at least 51…
HARARE – Retired Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono yesterday refused to take credit for government’s climb-down on the controversial indigenisation policy. Gono said ultimately it is the nation not individuals who should benefit from the programme. During his last years at the helm of the central bank, Gono clashed with former minister…
HARARE – Life is practical. President Robert Mugabe has now confirmed what we have been saying all along — that he must immediately amend the indigenisation policy to make it friendly to investors not the thuggish way it was being implemented. While a few critics may continue to proclaim otherwise, I firmly believe that Zimbabwean…
HARARE – The Zimbabwean economy will continue to suffer if Zimbabweans do not become proactive in calling for the resignation of President Robert Mugabe from power before the next elections in 2018, MDC official Job Sikhala has said. Sikhala, who recently rejoined the mainstream MDC after abandoning his MDC 99 project, said this yesterday as…
HARARE – News that the cash-strapped government will review the indigenisation and empowerment policy with a view to lure investors, shows the seriousness of the economic situation facing the country. Government announced at the weekend that there would be a review of the indigenous and empowerment policy to facilitate “sector-specific implementation.” The review will allow…
HARARE – Hwange Colliery Company Limited (HCCL) has secured an $18,5 million loan from the PTA Bank, officials say. This comes as the company has been rocked by divisions as a group of shareholders — led by Nicholas Van Hoogstraten — has been pushing for the board’s ouster over a number of operational issues, including…
HARARE – Tetrad Holdings Limited (Tetrad) has received a $31 million recapitalisation boost from its shareholders. Its chairperson Miccah Moyo said the group recapitalised its subsidiaries with capital injections of $30,7 million into Tetrad Investment Bank (TIB), $0,6 million to Multiridge and $0,025 to Tetrad Financial Services. “The capitalisation was made to strengthen the operations…
HARARE – Trinidad and Tobago demonstrated why their carnival is often described as the greatest show on earth with a stunning presentation that was adjudged to be the best of this year’s Harare International Carnival. The spectacularly dressed winners from the West Indies, dazzled the adjudicators and spectators alike with an exhibition that included an…
HARARE – Zambezi News, one of Zimbabwe’s leading comedy series, has lined up a tour of South Africa and Swaziland at the end of the month. The Zambezi News cast, which includes Comrade Fatso, Michael K and Outspoken, will begin their tour with a show at the popular Awednesday Comedy Jam in Johannesburg on May…
