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Multiple currency regime to stay, says RBZ chief

HARARE – Reserve Bank of Zimbabwe (RBZ) governor John Mangudya has said Zimbabwe will continue using the multiple currency system for the foreseeable future. Mangudya yesterday told the parliamentary portfolio committee on Finance and Economic Development that the multiple currency system had stabilised the economy. “Our advice on the issue is that let us maintain…

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Student drop-out rate on the increase

HARARE – There is an increasing number of children dropping out of school, resulting in increased crime and child marriages, a rights group has said. Phillipah Muchemwa, a lawyer with the Legal Resources Foundation (LRF) said this at a function to commemorate the belated June 16 Day of the African Child. Muchemwa said more had…

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New land permits for A1 farmers

HARARE – All land permits issued by district administrators (DA) are now null and void, a Cabinet minister has said. Douglas Mombeshora, minister of Lands, Land Reform and Resettlement, told a news conference yesterday that the DA’s office will no longer be handling land distribution. He said the letters issued by the DA will be…

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Parly grills council over luxury cars

HARARE – Harare City Council senior management was yesterday grilled by Parliament over the alleged abuse of a $144 million loan sourced from China to rehabilitate water infrastructure. Council management bought top-of-the range vehicles using the loan. Anastasia Ndlovu, Zanu PF legislator and chairperson of the Environment, Water, Tourism and Hospitality Industry parliamentary portfolio committee…

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Clean bill of health for Sables

HARARE – Zimbabwe emerged from Saturday’s big 55-27 victory over hosts Madagascar in Antananarivo with a clean bill of health. With a much tougher challenge coming up against Namibia tomorrow in this crucial World Cup qualification tournament, chances that coach Brendan Dawson will name an unchanged line-up for the showdown with the Welwitschias increased as…

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Big Three takes ‘rightful position’

HARARE – With only two games before the 2014 Castle Premiership season reaches the halfway mark, there is an unfamiliar look at the top of the log standings. Traditional powerhouses of Zimbabwean football, Highlanders, Dynamos and CAPS United, occupy the top three places on the log respectively. Bosso, who beat army side Black Rhinos 3-1…

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Gutu reinvents himself at Buffaloes

MUTARE – For someone who only played two full games at Triangle FC last season Moses ‘Callito’ Gutu is playing like he has a point to prove this season. And he has. The full back has already won the hearts and minds of the Buffaloes faithful fans with his solid defending and his marauding runs…

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Chimuchenga on cloud nine

HARARE – Newly crowned Mr Ironman Isaac “Sugar” Chimuchenga is on cloud nine after winning the title on Saturday at the Odyssey Centre in Kadoma. Chimuchenga beat of the challenge from defending champion Vincent Kandiero, who came in second place at the well attended contest.  It was a sweet victory for Chimuchenga as he retained…

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Cooke breaks record twice

HARARE – Keegan Cooke, a Zimbabwean decathlete based in the United States broke his personal high jump record twice inside three days recently. Cooke shrugged off a shoulder injury that saw him being side-lined from active competition since joining the Santa Barbara Track club (SBTC) in March this year until his recent clearance early this…

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Argentina look to peak

LONDON – Lionel Messi’s goals have fired Argentina into the World Cup last 16 but they will look for a better all-round performance when they meet Switzerland tonight. The diminutive four-time player of the year has finally sparked for his country, hitting four of their six goals as Argentina qualified top of Group F. But…

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