HARARE – Zimbabwe’s sole gold buyer, Fidelity Printers and Refiners (Fidelity), has reduced its minimum acceptance threshold for gold from licensed small-scale dealers from 10 to five grammes as the country moves to increase gold production, sources have said. According to information gathered from Fidelity yesterday, the latest measure was aimed at driving volumes and…
HARARE – An ominous hint that government’s parlous state of financial desperation threatened to impinge on the economic well-being of its already impoverished citizens magnified itself when ruling elite mandarins cobbled up the ideas to consign them to the garret by introducing presumptive taxes. Little did the overburdened mainstream taxpayer suspect that more caustic, nefarious…
BUJUMBURA – Gunfire erupted in Burundi on Thursday, hours after an army general announced a coup and the President’s spokesman dismissed it as a “joke.” Sporadic gunshots rocked the capital as residents expressed fear and uncertainty following the attempt to overthrow President Pierre Nkurunziza. “People are staying indoors, not moving,” said Gad Ngajimana, who lives…
HARARE – Businessman Frederick Mutanda has filed a lawsuit against the government of Zimbabwe for wrongful arrest on charges of breaching the Exchange Control Act. Mutanda, who alleges there was an attempt to kill him, further claimed charges against him were malicious and meant to silence him against speaking out against atrocities after independence in…
BULAWAYO – Zimbabwe Human Rights Commission (ZHRC) has dispatched its officers to Karoi to investigate the recent outbreak of violence against people linked to independent candidate Temba Mliswa ahead of the June 10 by-elections. ZHRC is a newly-established national human rights institution with a mandate to promote, protect and enforce human rights in Zimbabwe. Speaking…
HARARE – Cimas Medical Aid Society subscribers will have to fork out hard cash for medicine, according to a circular sent by the society last week. Roderick Takawira, the Cimas acting managing director, said the temporary suspension of the drug facility is meant to deal with unspecified manipulation of the system by fraudsters. “Due to…
HARARE – Retired and hugely-respected Zanu PF elder, Cephas Msipa, has broken his recent silence over Zimbabwe’s deepening political and economic crises, saying candidly yesterday that President Robert Mugabe’s Zanu PF had failed the country badly. Speaking in an interview with the Daily News yesterday, Msipa — who fondly refers to Mugabe as muzukuru (Shona…
HARARE – CAPS United striker Roderick Mutuma yesterday said he is packing his bags to seek greener pastures in what could be the beginning of a mass exodus at the troubled club. Mutuma said he has stopped training with the team, citing unpaid salaries and bonuses as the driving force behind his decision. The former…
HARARE – Confusion now surrounds the Independence Cup replay between Dynamos and FC Platinum scheduled for Rufaro Stadium this afternoon. The Harare giants last night revealed that they are now unable to raise a team to face FC Platinum after the Zimbabwe Football Association (Zifa) failed to respond to their earlier request. Dynamos president, Kenny…
HARARE – Wyane Davidson, Triathlon Zimbabwe (TZ) coach, said the junior team that returned home empty-handed from the African Championships in Egypt misses the services of Serena Rendell and Skye Davidson. Skye Davidson and Rendell were regular medal winners in regional and international competitions before their self-imposed exile from the sport. Wayne, who is currently…
