HARARE – Zimbabwe lost about $50 million to Illicit Financial Flows (IFFs) in the first quarter of 2016, as cash externalised from the country remains undetected, central bank governor John Mangudya said. This comes as Zimbabwean banks are facing a cash crisis, with the institutions limiting depositors’ withdrawals. IFFs are a form of illegal capital…
EDITOR — Well done to Charles Manyuchi (pictured) our hyper-active, lethal and stinging boxing icon who has left the world in awe and his victim Russian Dmitry Mikhaylenko in shock and agony. As he broke the Russian’s unbeaten record, he showed that it’s not about pigment factor but his immense artistry as he showered the…
HARARE – Pressure is mounting on President Robert Mugabe and his governing Zanu PF, as new data suggests that Zimbabwe’s economy is teetering on the brink of total collapse — prompting analysts and the opposition to observe that the increasingly frail nonagenarian was failing to “rig the economy”. In its latest damning report on Zimbabwe,…
HARARE – Western aid donors should take note of Africa’s changing priorities, Finance minister Patrick Chinamasa has said. Speaking at the 25th anniversary of the African Capacity Building Foundation last week, Chinamasa urged the continent to beware of development partners who mean well but give money for specific areas that are not Africa’s priority. His…
HARARE – Parliament will today open public interviews for 22 candidates nominated for appointment to the country’s controversial electoral body, the Zimbabwe Electoral Commission (Zec). There are six vacancies to be filled. Six commissioners, Joyce Kazembe, the vice-chairperson, Daniel Chigaru, Theophilus Gambe, Petty Makoni, Sibongile Ndhlovu and Bessie Nhandara’s terms expired on March 31. The interviews…
HARARE – Air Zimbabwe public relations manager Shingi Dhliwayo was found dead in Botswana yesterday, a week after going missing following a visit to the neighbouring country on a private business trip. Dhliwayo’s sister, Shuvanai Taruvinga confirmed the death but could not divulge much detail. Air Zimbabwe marketing manager Chris Kwenda also confirmed that they…
HARARE – Temba Mliswa, a former Zanu PF bigwig who now leads the Youth Advocacy for Reform and Democracy (Yard) pressure group, has scoffed at threats by Zanu PF political commissar Saviour Kasukuwere to seize his farm. Addressing thousands of Zanu PF supporters at a rally at Chikangwe Stadium in Karoi, Kasukuwere said the former…
HARARE – Zimbabwe’s hopes of reducing poverty are being weighed down by government officials’ failure to implement policy, United Nations resident coordinator Bishow Parajuli has said. Speaking during a session of consultative meetings on the formulation of the Interim Poverty Reduction Strategy (IPRSP) in Harare last week, Parajuli said the Zanu PF led-government had formulated “good”…
HARARE – Morality crimes of bestiality, incest and using children to appease avenging spirits have been on the rise in parts of Mashonaland Central, Mazowe’s Chief Chiweshe has said. Chiweshe, a member of the Chiefs’ Council of Zimbabwe, raised alarm over how his court is being flooded with cases of people sleeping with animals and…
HARARE – A Harare man has been jailed for 14 months over a $9 robbery. Herbert Bhunu, 27, of Goodhope, was convicted by magistrate Jessy Kufa. He will serve an affective eight months in jail after five months were suspended on condition of good behaviour. Another month was suspended on condition that he compensates the…
