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Listed firms scramble to pay dividend

HARARE – Zimbabwe Stock Exchange-listed companies are scrambling to declare dividends despite the worsening economic and liquidity situation in the country. Economic experts say the listed counters — from financial services to property developers — are rushing to declare dividends as a way to appease shareholders who have shown faith in them during the difficult…

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Churches should embrace medical care

HARARE – Revelations by medical experts that many people are being misled by church leaders including pastors and fly-by-night prophets to forego medically proven drugs and rely on faith alone are really saddening.We believe that the church is there to provide the moral compass to the person and the spiritual food to the soul. We…

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Tsvangirai dragged to court

HARARE – Opposition leader Morgan Tsvangirai was yesterday dragged to court over allegations that he accused a senior military officer of having been a key player behind the political violence that rocked the country during the 2008 elections. In the High Court defamation lawsuit, army colonel Christopher Mayoyo is demanding $500 000 from the MDC…

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Sibanda taunts warring Zanu PF

BULAWAYO – Fearless former war veterans’ leader, Jabulani Sibanda, says Zanu PF knows that its days in power are numbered — adding provocatively that the brawling former liberation movement also knows that no one within its ranks can stand up and win against him in a political contest. Speaking in an interview with the Daily…

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Kasukuwere moves to douse Masvingo flames

HARARE – As  Zanu PF succession wars continue festering in the restive and deeply divided province of Masvingo, the party’s combative political commissar Saviour Kasukuwere is this week expected to attend the region’s inter-district meetings in a move widely seen as attempt to douse the all consuming factional flames. While Kasukuwere was not immediately available…

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Transformer oil ‘thieves’ busted

HARARE – Police have busted two men who allegedly drained transformer oil from Zesa Holdings (Zesa) sub stations that service the Msasa area in Harare. Jonas Mukandhla, 42, of Waterfalls in Harare and Gilbert Mutoko, 38, of Epworth appeared before Harare magistrate Elijah Makomo yesterday facing theft charges. They are being charged with contravening the…

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Govt backtracks on schools levy directive

HARARE – Government has backtracked on its directive that school levies be deposited into a Social Security Fund (SSF) — a move that was ostensibly meant to minimise cases of embezzlement at schools. Prior to the directive, School Development Committees (SDCs) ran their own accounts while the school authorities operated another one on behalf of…

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Team Lacoste youths, Mliswa join forces

HARARE – Four former Zanu PF provincial youth leaders aligned to vice President Emmerson Mnangagwa in the race to succeed President Robert Mugabe have joined forces with the ex-governing party’s Mashonaland West chairperson, Temba Mliswa. In a media statement yesterday Mliswa who is the founder and national coordinator for Youth Advocacy for Reform and Democracy…

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Maternal deaths soar

HARARE – At least 67 women died while giving birth in the first 10 weeks of 2016, statistics released by the Health ministry reveal. According to the statistics at least a woman dies daily while giving birth with observers saying the number could be higher since some cases are never reported. Although pregnancy is not…

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Arcturus set to increase market share

HARARE – Granite miner Arcturus Stone Quarries (ASQ) is “poised to meet customer demand and take advantage of new construction industry opportunities” presented by housing developments around Harare by increasing production at its Caledonia plant, mine manager Charles Garande says. The company’s positivity or optimism not only arises from renewed activity on the individual residential…

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