HARARE – Zimbabwe’s largest mobile telecommunications company by subscriber base, Econet Wireless (Econet) has asked most of its local and international suppliers to cut the prices of their supplies to the company by more than 15 percent. The measures, which are part of Econet’s cost-cutting drive, affect all suppliers of goods and services. A task…
LONDON – Antony Jenkins, the chief executive of Barclays, has been fired after falling out with the board over the bank’s cost cutting and profitability. Board members are believed to have wanted bigger cost cuts and more focus on the investment bank’s performance. Chairman John McFarlane said the bank needed to become more efficient: “What…
HARARE – In a move that has dumbfounded both analysts and Zanu PF insiders, two senior party officials linked to former Vice President Joice Mujuru have bounced back into the political limelight in spectacular fashion, after President Robert Mugabe unexpectedly invited them into his factional Cabinet on Monday. The development has left many in the…
HARARE – Expelled former Zanu PF bigwig, Kudakwashe Bhasikiti, is taking President Robert Mugabe, pictured, on for going ahead with the proclamation of by-election dates for the Mwenezi East Constituency, saying this is “patently unconstitutional”. In an urgent chamber application, in response to the nonagenarian’s move last week to announce through a government gazette the…
HARARE – Embattled former Youth and Indigenisation minister, Saviour Kasukuwere, faces further scrutiny as he appears in Parliament tomorrow to explain “murky” multi-million dollar empowerment deals handled by a private firm during his tenure. Kasukuwere will appear in Parliament together with former Mines minister Obert Mpofu to explain the Brainworks Capital deals and the controversy…
HARARE – The Grain Marketing Board (GMB) could be forced to write off huge quantities of maize if government continues to deprive the parastatal of resources to manage the strategic grain reserve, a top official has said. Joe Muzurura, GMB finance and administration deputy general manager, told the Audit committee chaired by Paurina Mpariwa that…
HARARE – Zifa president Cuthbert Dube and CEO Jonathan Mashingaidze are the cancer destroying the local game a commission of inquiry into the state of football was told yesterday. The inquest was initiated by the Sports and Recreation Commission (SRC) after Zifa suspended vice president Omega Sibanda, board member Bernard Gwarada and 12 councillors last…
HARARE – The Indian cricket team arrived in the country yesterday evening with experienced off-spinner, Harbhajan Singh declaring that it “will be a good series.” Zimbabwe will host India in three One Day Internationals and two Twenty20 encounters beginning this Friday at Harare Sports Club. “I’m happy to be in Zimbabwe,” Singh told the Daily…
HARARE – South Africa’s Under-23 team has already gone into camp as they begin preparations for a 2016 Olympic Games qualifier against Zimbabwe on July 19 at Rufaro Stadium. The winner of the two-legged tie will compete at the African Under-23 Championships taking place in Dakar, Senegal from November 28 to December 15. The top…
GWERU – FC Platinum coach Norman Mapeza feels his side has enough depth to cope with the imminent departure of a number of influential players. Midfielder Wisdom Mutasa and winger Walter Musona are currently club hunting in Slovakia where they are on trials with FK Senika. In the event the duo fails to impress at…
