HARARE – Parliament’s portfolio committee on finance is surprisingly “reluctant” to call former Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono to help explain how the Bank’s debt ballooned to more than $1 billion. In light of emotive views arising from countrywide consultative meetings and allegations that the former Central Bank chief was partly responsible…
BULAWAYO – Renowned economic commentator Eric Bloch was laid to rest at the Jewish section of Athlone Cemetery in Northend suburb yesterday with tributes pouring in from various sectors. Mourners drawn from across the corporate world, political and religious divide converged to pay their last respects to Bloch. Notable people who attended the funeral were…
HARARE – Police were yesterday investigating a break-in into the guarded offices of Justice and Legal Affairs minister Emmerson Mnangagwa on Tuesday. Nothing appeared to have been stolen. Virginia Mabhiza, the ministry’s permanent secretary, told the Daily News that the break-in was subject of a police investigation and she was not at liberty to disclose…
HARARE – Bruce Wharton, the United States of America Ambassador to Zimbabwe, has denied damaging allegations that 12 Zanu PF MPs were spying for the Americans. The beleaguered party members, all of them legislators, are accused of soliciting for donations from Washington, with US local embassy staffer Eric Little, allegedly at the heart of the…
HARARE – Mines minister Walter Chidhakwa must produce audited reports on the operations of diamond mining companies in Marange before rushing to merge them, civil society pressure groups have said. In a joint statement yesterday, the Centre for Research and Development (CRD) and Zimbabwe Natural Resource Dialogue Forum (ZNRDF) said they were deeply concerned about…
GWERU – Masvingo Central MP Tongai Matutu’s trial for failing to pay maintenance for his ex-girlfriend and 14-year-old daughter has been deferred to next month. The MDC renewal team member appeared here before magistrate Tendai Madanhire, who deferred the case after the complainant failed to show up due to ill-health. Matutu will be back in…
HARARE – Former Zimbabwe Reserve Bank governor Gideon Gono said yesterday he would not join any Zanu PF faction to fast-track his Senate appointment. Gono was speaking after the Zimbabwe Electoral Commission (Zec) disqualified him from filling a senatorial vacancy in Manicaland. This comes after Manicaland voted Gono to replace Kumbirai Kangai, who was declared…
HARARE – Indian firm Essar Africa Holdings Limited (Essar) and Zimbabwe government have awarded a tender to refurbish NewZim Steel’s – formerly Zisco Steel – plant to an undisclosed Chinese firm. Essar acquired a 54 percent stake in the government owned Redcliff-based steel maker in November 2011 under a $750 million deal. Abigail Shoniwa, Industry…
HARARE – Listed upmarket furniture retailer Pelhams Limited (Pelhams)’s property is set to be auctioned today over $70 000-plus owed to the Local Authorities Pension Fund (LAPF). After winning a High Court case number HC780/12, LAPF seeks to recover from a sale-in-execution of Pelhams’ assets, which include nine new beds, two coat beds, four-piece lounge…
GENEVA – New figures suggest 70% of those infected with Ebola in West Africa have died, higher than previously reported, says the World Health Organization. Ebola infections will treble to 20,000 by November if efforts to tackle the outbreak are not stepped up, the UN agency has warned. In the worst case scenario, cases in…
