HARARE – Banking sector credit growth has continued on a downward trajectory, after dropping to 16,4 percent at the end of May 2016 from the 23,8 percent recorded the previous month, the central bank has said. The Reserve Bank of Zimbabwe (RBZ) said local financial institutions continued to tighten their lending criteria in light of…
HARARE – Today, the Zanu PF politburo meets and we hope President Robert Mugabe and his colleagues discuss something meaningful to extricate Zimbabweans from the current turmoil. Apart from social unrest, Zimbabwe is being stalked by hunger with people in rural areas hardest-hit. Still, hunger is also very much pronounced in urban areas where people…
HARARE – President Robert Mugabe’s stunning fall-out with war veterans and his panicking Zanu PF government’s savage crackdown on the restless former freedom fighters is proving to be a substantial early Christmas gift for the nonagenarian’s growing band of critics. Disaffected Zanu PF supporters, opposition parties and pro-democracy activists who spoke to the Daily News…
HARARE – The High Court yesterday ruled that today’s demonstration against bond notes can go ahead despite attempts by panicking authorities to ban it. Justice Lavender Makoni okayed the demonstration after police refused to clear it, forcing one of the organisers, Transform Zimbabwe (TZ), to file an urgent court application challenging the ban. TZ, through…
HARARE – Warring Zanu PF today meets for its politburo which could fail to decisively deal with mounting problems that are threatening to split the liberation movement at a time public anger is rising against its government’s bad policies. The politburo meeting comes a time the party is deeply-divided over the long running succession saga…
HARARE – Zimbabwe People First (ZPF) leader Joice Mujuru has filed a lawsuit challenging President Robert Mugabe over his government’s decision to introduce bond notes. Mujuru, though her lawyer Gift Nyandoro of Hamunakwadi and Nyandoro Law Chambers, is seeking an order declaring the introduction of bond notes as unconstitutional, null and void. In the application,…
HARARE – Jobless college graduates today protested over President Robert Mugabe’s failure to deliver promised jobs, despite police “discouraging” them from doing so. The graduates are demanding that 92-year-old Mugabe fulfils his 2013 election campaign promise to create 2,2 million jobs in five years. The graduates — represented by the Coalition of Unemployed Graduates (CUG)…
HARARE – Harare provincial magistrate Vakayi Chikwekwe yesterday blasted former Zanu PF youth leader William Mutumanje — also known as Acie Lumumba — and told him to “put his house in order” after he brought a third different lawyer to represent him yesterday. Last week, Mutumanje — who recently launched his Viva Zimbabwe political party…
HARARE – An increase in promiscuity by men over the past five years is scuttling efforts to contain the HIV and Aids epidemic, the Zimbabwe National Family Planning Council (ZNFPC) said. ZNFPC’s Manicaland communication officer, Daniel Maromo, said the challenge was exacerbated by low condom use. “At least 14 percent of men reported having two…
HARARE – Government’s failure to adequately fund the health sector is piling pressure on non-governmental organisations (NGOs) to mobilise support resources, a senior Plan International (Plan) official said. Plan’s Manicaland programme area manager, Stanislaus Dawa, said in light of that, NGOs should form ways to unlock funding. “Government is going through a serious challenge in…
