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Biti refuses to go

HARARE – Tendai Biti and other rebels booted out of the MDC on Tuesday for attempting to stage a palace coup against MDC president Morgan Tsvangirai have refused to go, describing their expulsion as null and void. Expelled deputy treasurer-general Elton Mangoma, yesterday claimed his faction would drag Tsvangirai and other suspended party leaders to…

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Tuku graces Hifa opening show

HARARE – Music superstar Oliver Mtukudzi’s cameo in the Harare International Festival of Arts (Hifa) opening show on Tuesday night was a pleasant surprise for the packed Telecel Main Stage. Tuku, who does not have any Hifa concert this year, sent fans into delirium when he sauntered onto the stage singing the popular classic Perekedza…

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Zimplats posts $36m profit

HARARE – Impala Platinum Holdings (Implats)’ Zimbabwean subsidiary Zimplats reported a $36,1 million profit in the quarter to March 2014, up 76 percent from $20,5 million realised in prior period. The group said the performance was on the back of firmer platinum group metals (PGM) prices. During the period under review, the Australia Stock Exchange-listed…

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All the best Mangudya

HARARE – Today marks the first day of the John Mangudya’s rein at the Reserve Bank of Zimbabwe. As the economist and banker begins his tenure in a completely different environment, totally opposed to the serene and comfortable walls of CBZ Holdings, his first port of call is to audit the bank. While we strongly…

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Furore over Mupfumi’s takeover of Meikles Park

MUTARE – At least 600 informal traders are set to be relocated from Mutare’s Meikles Park to a yet to be identified area after the city council reportedly leased the park to a private operator. The informal traders were distraught on Wednesday after learning that the place had been allocated to Zanu PF central committee…

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Minister raises Mugabe boot-licking bar

HARARE – Officials in President Robert Mugabe’s Zanu PF party have a clear idea of how to get ahead. They have adopted a time-honoured strategy for getting what they want — flattery. Brown-nosing the dear leader has become a fashionable thing in Zanu PF. And it doesn’t matter how high up the person is, they…

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MPs endorse Tsvangirai

HARARE – Seventy MPs yesterday pledged their loyalty to MDC leader Morgan Tsvangirai, disassociating themselves from Tendai Biti and his co-conspirators who plotted to topple the opposition leader. Tsvangirai held a parliamentary caucus with MDC legislators at Harvest House. And out of 91 MDC MPs in Parliament, 70 turned up for the meeting, with 12…

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Funds shortage hampers Electoral Bill hearings

HARARE – The parliamentary portfolio committee on Justice, Legal and Parliamentary affairs will hold only seven public hearings on the Electoral Amendment Bill because of a funding shortfall. Harare West MDC MP Jessie Majome, who heads the committee, said the committee was unable to visit Mashonaland West and Mashonaland East provinces because Parliament had no…

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Lecturers defraud Zimsec $115k

HARARE – Harare regional magistrate Noel Mupeiwa has set a judgment date for four men accused of defrauding Zimbabwe School Examination Council (Zimsec) of $115 690 by forging documents to win a tender. Cephas Chikwira, 39, Memory Mahaso, 45, Chenjerai Makiya, 42 and Innocent Nezungai are before the Harare Magistrates’ Court facing fraud charges. Chikwira…

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Mangoma sues Daily News for $2 million

HARARE – Expelled former MDC deputy treasurer-general Elton Mangoma, pictured, is suing the Daily News for a whopping $2 million, accusing the popular daily of defaming him through a story that the newspaper published in its edition of April 6 this year. In that story, the newspaper reported on an MDC dossier, which is in…

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