HARARE – In what could spell further doom and gloom for President Robert Mugabe’s ruling Zanu PF, the economy continues to contract at a much steeper pace than previously indicated in the first half of the year. Zimbabwe’s Gross Domestic Product (GDP) is falling precipitously, signifying the worst performance rate that could eclipse the 2008…
KUALA LUMPUR – Malaysia’s state investment firm Khazanah Nasional has proposed a “complete overhaul” of troubled national carrier Malaysia Airlines. Khazanah wants to buy the shares it does not already own in Malaysia Airlines and delist the carrier. The airline has been hurt by two major tragedies – the crash of flight MH17 in Ukraine…
PRETORIA – Prosecutors have twisted the facts to discredit South African athlete Oscar Pistorius in his murder trial, his lawyer has said in closing remarks. Barry Roux said the double amputee should have faced a lesser charge of culpable homicide over the shooting of his girlfriend Reeva Steenkamp. Mr Pistorius denies prosecution claims that he…
HARARE – Some of the families forced by floods to leave their land from which they were sustaining their livelihoods in Tokwe-Mukorsi flood basin, are now trying to survive by working as daily wage labourers in Triangle. We reiterate, the situation has become incredibly desperate after officers from the Zimbabwe National Army (ZNA) destroyed tents…
HARARE – One Zimbabwean, a veteran of many economic and political squabbles, says all of us who are alive today must be regarded as the true heroes of this country, considering how we have survived 34 years without committing hara-kiri. His primary theory is that since independence in 1980, most of us have suffered privation…
EDITOR — I am a resident of Zengeza 1 in Chitungwiza and Zesa Holdings (Zesa) personnel were installing prepaid meters on Monday in houses along Mubvumira, Guyo, Rusero, Svosve, Mutsi and Danga roads in our vicinity. An explosion occurred at a transformer unit or is it a substation along Danga Road. Most of us did…
HARARE – Zimbabwe’s second-largest platinum producer Mimosa Mining Company (Mimosa) — jointly owned by Aquarius and Impala Platinum Holdings — has retrenched 137 workers as part of strategies to contain costs. The employees, 103 ordinary and 34 managers, were laid off under a voluntary retrenchment exercise, which had been on the cards since last year….
HARARE – AIM-listed Mwana Africa Plc (Mwana) says its Zimbabwean operations, Bindura Nickel Corporation (BNC) and gold miner Freda Rebecca (Freda), registered a mixed performance in the quarter ending June 2014. The group’s chief executive Kalaa Mpinga said BNC’s nickel production slumped by 14 percent to 1 902 tonnes during the period under review while…
HARARE – All roads lead to Kariba for this year’s edition of Miss Curvy pageant scheduled for Saturday. The annual event will be held at Carribea Bay Hotel. The 16 Models are currently in boot camp waiting for the finals. The models have been at Kariba’s Simboti Holiday Houses since August 4. Hosted by Miss…
HARARE – Afro-jazz musician Jah Prayzah, who was in Botswana for Culture Spears’ album launch, is back in Zimbabwe. He is expected to share the stage with Potifa Mopo at the New Life joint in Harare’s Budiriro suburb tonight. Fireworks at Airport Lounge Two of the most celebrated artistes Suluman Chimbetu and dancehall ace Winky…
