HARARE – Zimbabwe must put all public projects bidding to open tender as shadowy processes are costing the country millions, industry experts have warned. Bankers Association of Zimbabwe immediate past president George Guvamatanga last week said government had to re-look its position on awarding tenders for national projects as “unfit” bidders were getting strategic national…
HARARE – Sakunda Holdings (Sakunda)’s diesel-fired Dema plant is part of a raft of projects – totalling 850 megawatts (MW) – anticipated by the company countrywide, it has been learnt. The development not only comes as the Zimbabwean firm has morphed into a fully-integrated energy supplier, but has grown to be the biggest fuel trader…
HARARE – Zimbabwe has so far exported flue-cured tobacco worth $253,6 million in a development expected to ease liquidity challenges in the country, figures from the Tobacco Industry Marketing Board (TIMB) indicate. According to TIMB, 45,1 million kilogrammes (kg) were sold at the close of week 22 of the tobacco selling season. The current figures…
HARARE – The Zimbabwe Stock Exchange (ZSE) turnover for the month of May marginally rose by 1,92 percent to $14,3 million after it tumbled 14,5 percent in April, a local research firm has said. Equities firm IH Securities (IH) in its snapshot for May said average daily trades of $715 770 were realised in the…
HARARE – A High Court judge has ordered the Harare City Council (HCC) to pay $9 000 compensation to a man who fell into an unsecured drain and broke his leg. High Court judge Esther Muremba granted the order, following an application by Evaristo Mungate in which he was demanding over $300 000 in damages….
MUTARE – Mining companies in Marange have been a thorn in the flesh for environment pollution regulators as they are usually uncooperative while delays by police in issuing clearance letters have also compounded the problem, a senior Environmental Management Agency (Ema) official has revealed. Speaking during a Zimbabwe Environmental Lawyers Association (Zela) indaba here, Kingstone Chitotombe…
MUTARE – Mutoko Rural District Council is receiving only a dollar from every 1 000 kilograms of black granite sold, the council’s boss revealed to shocked delegates attending a mining indaba here yesterday. Speaking at the Manicaland Alternative Mining Indaba, Mutoko’s CEO Peter Sigauke told delegates that what is worse is that his council does…
HARARE – MDC councillors on Tuesday boycotted a full council meeting in solidarity with suspended Harare mayor Bernard Manyenyeni. According to council by-laws, a full council meeting can be held with a quorum of 17 councillors but on Tuesday there were only 16 city fathers present rendering the meeting meaningless. [GoogleAd] Manyenyeni, an MDC councillor, …
HARARE – Former Zanu PF Harare province youths chairperson and leader of the Chipangano vigilante group Jim Kunaka has rejoined the governing party, apparently after having been frustrated by the slow pace of movement in the Zimbabwe People First (ZPF) led by Joice Mujuru. Kunaka and Kudzai Saruwaka, who both had a fleeting romance with…
HARARE – The Morgan Tsvangirai-led MDC has called upon President Robert Mugabe’s spokesperson George Charamba to shut up and let the Zimbabwe Anti-Corruption Commission (Zacc) carry out its constitutional mandate and investigate any official involved in graft regardless of social status or political rank and without undue interference. The opposition party’s comments come at a…
