KINSHASA – Parties in the Democratic Republic of Congo (DRC) have warned president Joseph Kabila that he would weaken the country’s democracy if he sought a third term in office as they suspect he wants to do, said Reuters. Citing a letter from the leaders of seven political parties in the DRC, Reuters said that…
HARARE – Reserve Bank of Zimbabwe (RBZ) governor John Mangudya says banks must not attach defaulting debtors’ properties, but restructure bad debts instead. This comes on the back of a wave of property auctions and seizures by bailiffs, as banks — burdened by ballooning non-performing loans (NPLs) estimated at around $700 million — are increasingly…
HARARE – Zimbabwean products are expensive as “companies have failed to leave the Zimbabwe dollar mentality” of charging high prices, central bank governor John Mangudya said. He said the scenario has made local products uncompetitive in offshore markets. “There is need to adapt to the new realities of the United States dollar we are using…
HARARE – Disaffected Zanu PF stalwarts are cranking up the pressure on President Robert Mugabe, with former Presidential Affairs minister Didymus Mutasa alleging that the nonagenarian worsened the anarchy devouring the ruling party by supporting his controversial wife Grace’s divisive politics. In a hard-hitting letter written to Mugabe at the end of January this year,…
HARARE – Zimbabwe’s civil society organisations, Western embassies, and the country’s citizens yesterday called for the unconditional release of journalist-cum-political activist Itai Dzamara kidnapped in Harare on Monday, with government saying it has not received any demands from his abductors. Vice President Emmerson Mnangagwa told Parliament yesterday that the abduction was “barbaric”. This was after…
HARARE – President Robert Mugabe is keeping his loyalists on tenterhooks as he delays replacing ministers he fired following a brutal purge, triggering frenzied jostling in his divided Zanu PF. The party’s merciless purges, targeted at ex-vice president Joice Mujuru and her perceived loyalists — have claimed 17 ministers and deputies amid fears that residual…
HARARE – Chief Justice Godfrey Chidyausiku has reprimanded politicians in a thinly-veiled warning, demanding that they stop commenting on matters before the courts. Analysts yesterday were quick to point out that the statement could have been directed at President Robert Mugabe, Information minister Jonathan Moyo and MDC spokesperson Obert Gutu among other people who have…
HARARE – Zimbabwe police chief Augustine Chihuri yesterday paid tribute to officers deployed under a regional peacekeeping mission to Lesotho to provide security and maintain peace during general elections there. Chihuri said Zimbabwean policing is a noble profession which is admired throughout the world. He was speaking after getting a debriefing from chief superintendent Cosmas…
HARARE – A 64-year-old sign writer who forged signatures on documents that were used to swindle the Finance ministry of $700 000 was yesterday jailed for four years. Misheck Gideon Zharu of 24012 Eastview, Caledonia in Harare, was initially sentenced to five years in prison for “forgery” by magistrate Vakayi Chikwekwe. Zharu forged signatures on…
BULAWAYO – About 45 National Railways of Zimbabwe (NRZ) workers slept at the parastatal’s main station on Tuesday night claiming they had been evicted from their lodgings due to non-payment of rentals. The workers say their sleep-in protest has been necessitated by the cash-strapped parastatal’s failure to pay them their salaries for over a year…
