HARARE – London Stock Exchange-listed resources firm Caledonia Mining Corporation Plc (Caledonia) says it has registered better than expected results in its first quarter due to tight cost control. In the three months to March 2016, Caledonia’s Blanket mine saw its gold production increasing by eight percent to 10 822 ounces while both cash and…
HARARE – The year 2008 saw the economy of Zimbabwe go haywire. You could buy socks and other articles on the pavement in Harare and elsewhere. For me, it was double hell. I lost my job while in the UK. But that is not even the half of it. I spent five months in the…
HARARE – Recently, Agriculture, Mechanisation and Irrigation deputy minister Davis Marapira threatened unproductive resettled farmers — particularly Zanu PF bigwigs — that they risked losing their land. Marapira is a commendable, rare voice of reason in Zanu PF and one that was long overdue as the nation hopes decisive measures will be taken. The minister…
HARARE – Despite the valiant efforts by Reserve Bank governor John Mangudya to mitigate Zimbabwe’s biting cash crisis, huge challenges remain — a situation that has seen illegal foreign currency dealers resurfacing in numbers around the country over the past few weeks. News teams from the Daily News established yesterday that with the country experiencing…
HARARE – An official with the opposition Zimbabwe People First (ZPF) says they will not persecute ageing President Robert Mugabe if they assume power in the eagerly-anticipated 2018 elections since the nonagenarian is past his due date. In a statement to the Daily News, former Masvingo minister of State Kudakwashe Bhasikiti said even though Mugabe…
HARARE – Plans by the Zimbabwe Electoral Commission (Zec) to introduce a biometric voters’ roll in the much-anticipated 2018 elections will go a long way in addressing the contentious issues surrounding elections in the country. Speaking on the sidelines of an All Stakeholders meeting held on Tuesday, spokesperson of the Morgan Tsvangirai-led MDC Obert Gutu…
HARARE – Efforts by Zanu PF youths linked to embattled Vice President Emmerson Mnangagwa to block the controversial youth league “million-man” march are gathering pace with posters discouraging people from attending being splashed on social media. Following an announcement by the youths led by former Mashonaland Central chairperson Godfrey Tsenengamu that he together with others…
HARARE – Eelections should be financially sustainable to ensure that resources are not put to waste, the United Nations’ (UN) resident coordinator Bishow Parajuli has said. Parajuli, who was speaking at the Zimbabwe Electoral Commission’s (Zec) stakeholders’ engagement on voter registration early this week, said there is need for the country to adopt cost-effective elections….
KAMPALA – Western delegations attending the inauguration of Ugandan President Yoweri Museveni have walked out of the ceremony in protest. US, European and Canadian diplomats left abruptly when Mr Museveni made disparaging comments about the International Criminal Court (ICC). The US state department said they had also objected to the presence of Sudan’s Omar al-Bashir…
RIO DE JANEIRO – Brazil’s new interim President Michel Temer has addressed the nation after the Senate voted to back the impeachment trial of Dilma Rousseff. “Trust in the values of our people and in our ability to rebuild the economy,” Mr Temer said. He has named a business-friendly cabinet that includes respected former central…
