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Royal Bank land to go under the hammer

HARARE – Collapsed Royal Bank of Zimbabwe (Royal Bank) is set to lose significant land next week Friday, in a Deposit Protection Corporation (DPC) sanctioned auction, following the bank’s liquidation in 2013. The land to be auctioned includes 23 residential properties, two vacant stands and nine commercial properties. Hammer and Tongues Real Estate will conduct…

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Stop the road carnage

HARARE – Authorities must act with speed to address the issue of road carnage. While accidents on the country’s highways have almost become the norm in Zimbabwe, it is the number of deaths that should sent shivers down the authorities’ spines. The death of 24 people yesterday when a Mutoko-bound Zupco bus collided with a…

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Chances of flooding low: Zinwa

HARARE – The Zimbabwe National Water Authority (Zinwa) said chances of flooding in the flood-prone areas of  Zimbabwe are very low at the moment with the national dam levels remaining at 78,5percent. A hydrologist with Zinwa, Deborah Musiiwa revealed this when she presented a paper at a meeting on the emergencies arising from recent and…

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Mutasa petition timely: Analysts

HARARE – The recent statement by former Presidential Affairs minister Didymus Mutasa demanding the nullification of Zanu PF’s elective congress held in Harare last year at a time President Robert Mugabe was expected back from his annual leave is timely, say political analysts. A statement availed to the Daily News last week, that was provocatively…

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Return Vingirai’s assets – Gono

HARARE – In a surprise turn of events in the ZB Financial Holdings (ZBFH) and Intermarket Holdings Limited (IHL) dispute, ex-Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono had acceded that Nicholas Vingirai must be given back his assets, businessdaily has learnt. This comes as the Transnational Holdings Limited (THL) founder and his associates have…

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24 perish in bus accident

HARARE – Twenty four people died and 46 others were seriously injured yesterday morning when a Zupco bus travelling towards Mutoko was involved in a horrific collision with a Pioneer bus at the 35-kilometre peg along the Harare-Mutoko road. When the Daily News crew arrived at the scene of the accident yesterday, there was a…

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Mnangagwa’s coalition of the unpopular, its strategy for 2018

HARARE – Now that the dust is slowly settling after the political drama we witnessed in Zanu PF leading up to its December congress, it is imperative to fathom deeper into what really transpired and its implications for our national politics. It is now common cause that the Mujuru camp has been decimated and is…

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Where are these people taking us?

HARARE – Zimbabwe is once again fast-descending into debilitating political and economic chaos, with President Robert Mugabe and his misfiring Zanu PF Cabinet trapped in the deadly jaws of the ruling party’s savage and seemingly never-ending infighting. The Daily News on Sunday, as the authoritative voice of the voiceless, once again poses the same question…

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‘Solomon Mujuru wanted Mugabe out’

HARARE – A fortnight after igniting a political brouhaha over his take of the Gukurahundi massacres of the early 1980s in Matabeleland and the Midlands, State media columnist, Nathaniel Manheru — widely understood to be President Robert Mugabe’s spokesperson George Charamba — has stirred another controversy. In his latest column in the Herald yesterday, Manheru…

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Mutasa fires back

HARARE – A defiant Didymus Mutasa said yesterday that no one could expel him from the “real Zanu PF” — vowing to do everything in his power to “rescue” the strife-torn party from the brink of collapse. Pouring his heart out in an exclusive interview with the Daily News, as party hawks ratcheted up their…

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