HARARE – For the first time in several weeks, none of Zimbabwe’s Big Brother Hotshots housemates, JJ and Butterphly is up for eviction. JJ was up for eviction last week, but was saved by three country votes from Mozambique, South Africa and Zimbabwe. The fairly unknown Zimbabwean Big Brother representative survived the axe at the…
HARARE – Zimbabwe Music Awards (Zima) will finally take place tomorrow at the Harare International Conference Centre (HICC). The awards, which are making a comeback after a seven-year break, were originally scheduled for October 3, but were postponed at the last moment to tomorrow, the same day the National Arts Council of Zimbabwe (Nacz) Indaba…
HARARE – Zimbabwe’s banking sector remains stable despite systemic risks posed by struggling banks, but the Central Bank must strengthen supervision of financial institutions, an analyst says. This comes amid growing concern that several banks — which are undercapitalised and have shown signs of strain — could collapse, causing a contagion effect and panic across…
HARARE – The Zimbabwe Stock Exchange (ZSE) says company takeovers are likely to increase, as most listed stocks are undervalued. “In the current environment where the market values of counters are generally at a discount to the net asset value of the companies, it is expected that the number of mandatory offers will increase,” said…
LONDON – Throughout the past fortnight, commentators and analysts have proffered opinions on the motivations for Grace Mugabe’s public attacks on Vice President Joice Mujuru. From the onset, the purpose of her rallies was confused as reflected by the failure to ascribe a name to them. At times referred to as “meet the people” or…
HARARE – It is a fair question for Zimbabweans to ask President Robert Mugabe and his long-ruling Zanu PF party when the nation can expect them to make up their minds about the real cause of our country’s never-ending political and economic problems? According to the heretical Zanu PF gospel, it was, first, Morgan Tsvangirai…
WASHINGTON – US medics returning from treating Ebola patients in West Africa will be actively monitored but not placed in quarantine under new US health rules. The federal guidelines came after a nurse was put in isolation in a tent in New Jersey, a decision condemned by UN Secretary-General Ban Ki-moon. Meanwhile, Australia has been…
MOSCOW – Russia’s mining billionaires are starting to feel the sting of economic sanctions. Mikhail Prokhorov, whose investment empire stretches from the world’s largest aluminium maker to the Brooklyn Nets basketball team, recently explored whether fellow oligarchs, including Vladimir Potanin, were willing to buy a portion of his $2.7 billion (R29.5bn) stake in potash miner…
HARARE – First Lady Grace Mugabe’s “Final Push” to oust Vice President Joice Mujuru from her party and government positions appears to be in tatters at the moment, analysts say — pointing to a number of developments within Zanu PF over the past few days. An angry Grace went berserk at her meeting with mainly…
HARARE – Rugare Gumbo, the Zanu PF spokesperson, has contemptuously dismissed the purported ousting of Mashonaland West provincial chairperson Temba Mliswa saying it’s a “shame and a sign of desperation” by one faction. Ignatius Chombo, a Mashonaland West politburo member, was quoted in the State media claiming that the politburo, Zanu PF’s highest decision-making body…
