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‘Mbeki signed off’ on SA Fifa cash

JOHANNESBURG – South Africa’s sports minister says the decision to donate $10m (£6.5m) to Fifa to develop Caribbean football was made by former President Thabo Mbeki. The payment, which South Africa denies was a bribe to secure the 2010 World Cup, is central to the Fifa scandal. The claim comes after a letter emerged that…

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ZSE eyes three new listings

HARARE – The Zimbabwe Stock Exchange (ZSE) is eyeing at least three new listings before the end of 2015 in an effort to end a three-year listing drought. Alban Chirume, ZSE’s chief executive said the local bourse has been working hard since 2013 to grow, exchange and meet international standards. “Getting new listings does take…

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Tongaat’s Zim sugar sales up 109pc

HARARE – Sugar producer, Tongaat Hulett Zimbabwe (Tongaat), says its domestic market sales for the year to March 2015 surged 109 percent to 309 000 tonnes from 148 000 tonnes in 2014 due to the introduction of a 10 percent import duty on sugar early this year. “There was significant improvement in local market sales…

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If Nigeria could do it.

HARARE – In case my meaning is lost on people fond of misinterpreting things, let me explain: a man who once ruled Nigeria as a military dictator 30 years ago, is back in power as a civilian ruler. My interpretation is simply that a man who was once prime minister of this country could return…

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Mugabe’s Zanu PF to blame for the chaos

HARARE – When Zanu PF received a fresh mandate to form a new government in 2013, economic analysts predicted that the economy would be the albatross around President Robert Mugabe’s neck. And 22 months down the line, their prophecy has come true if the situation prevailing on the streets and pavements of our cities is…

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Fear, loathing on the Hurungwe campaign trail

HARARE – Dozens of light commercial trucks usually used to carry tobacco from Hurungwe to auction floors in Harare dragooned perhaps a thousand people to Vice President Emmerson Mnangagwa’s rally at Kajekache Primary School in this rural backwater last Sunday. It was a quasi-military operation in which the party and security force personnel controlling it…

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Mphoko was a sellout: Sibanda

HARARE – Fearless former war veterans’ leader, Jabulani Sibanda, claims that Vice President Phelekezela Mphoko sold out during the liberation struggle when he allegedly diverted weapons meant for the late Joshua Nkomo’s Zapu to President Mugabe’s Zanu, a move he says could have led to the needless death of thousands of people. Damningly for Mphoko,…

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No military raid on vendors: Sekeramayi

HARARE – Defence minister Sydney Sekeramayi says the army will not be deployed to remove street vendors across the country, as confusion on the role of the military in the proposed cleanup campaign rages on. Speaking on the sidelines of a Zanu PF rally in Tynwald South yesterday, Sekeramayi said the responsibility of removing vendors…

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Mnangagwa to succeed Mugabe: Stratfor

HARARE – Vice President Emmerson Mnangagwa is likely to succeed President Robert Mugabe should the nonagenarian leave office either through retirement or natural wastage, a US think-tank said in a new report released this week. A report by Strategic Forecasting Inc. (Stratfor) — a Texas-based private global firm that provides confidential intelligence services to large…

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Mugabe needs help: Makoni

HARARE – Simba Makoni, the Mavambo/Kusile/Dawn leader has said President Robert Mugabe must accept that he needs help from other political leaders to find lasting solutions to Zimbabwe’s intractable economic and social problems. Makoni, who blamed Mugabe and his cronies for creating current economic problems which the former Finance minister attributed to ill-thought decisions,  said…

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