HARARE – Zimbabwe’s largest commercial lender, CBZ, is back on the market to canvas $50 million through Agricultural Marketing Authority bills, to finance the purchase of maize by the Grain Marketing Board (GMB). The bills, which opened on Monday this week, have an interest rate of 8,5 percent per year and a 360-day tenure. This…
HARARE – Vice President Emmerson Mnangagwa said the country should build an effective institution and penalties to reduce increasing corruption. Addressing delegates at an anti-bribery and anti-corruption conference in Harare yesterday, Mnangagwa said the government must come up with active penalties for the country to successfully stem corruption. “Zimbabwe’s corruption perception index is not good,…
HARARE – Jamaican music star Romain Virgo will add lustre to the Black Opal Face of Zimbabwe (Bofoz) finals set for the Glamis Arena in Harare tomorrow. The Cry for Tears singer, who will be making a maiden performance in Africa, will share the stage with local stars Soul Jah Love, Freeman, Jah Prayzah, Dobba…
HARARE – President Robert Mugabe’s stone-broke and ever bumbling government has effectively hammered the final nail in the coffin of the country’s dying economy, after the nonagenarian reversed all the measures that Finance minister Patrick Chinamasa announced last week, as he valiantly attempted to haul Zimbabwe back from the abyss. The government’s spectacular own goal,…
HARARE – Higher Education minister Jonathan Moyo has sensationally claimed that some top government officials looted diamond money and splashed it on “rural castles”. Moyo — who is being fingered as a beneficiary of the shady land deals allegedly involving Local Government minister Saviour Kasukuwere in documents whose authenticity has not been confirmed — yesterday came…
HARARE – Radical pressure group Tajamuka/Sesjikile member Sylvanos Mudzvova is said to have been abducted from his home in the dead of the night on Tuesday, upon which he was tortured severely by armed men who were interrogating him over funding for the pro-democracy outfit’s activities. Yesterday, Tajamuka — which has been holding a series…
HARARE – High Court judge Happious Zhou yesterday freed political activist Promise Mkwananzi — facing charges of inciting public violence — on $100 bail. Mkwananzi, jointly charged with Bruce Usvisvo, approached the High Court after Harare magistrate Tendai Mahwe denied him bail on the basis that he would interfere with investigations by intimidating witnesses. However,…
HARARE – Prophetic Healing and Deliverance Ministries (PHD) leader, Walter Magaya, has urged his congregants not to attend his court case today. Magaya is facing rape charges after a Harare woman filed the criminal charges against him last month. “I urge all PHD members and sympathisers not to come to court for the hearings. No…
HARARE – Harare magistrate Bianca Makwande yesterday ordered the State to present a report on constitutional issues raised by war veterans’ leaders facing charges of insulting President Robert Mugabe by September 30. Zimbabwe National Liberation War Veterans Association (ZNLWVA) spokesperson Douglas Mahiya, secretary-general Victor Matemadanda, political commissar Francis Nhando, deputy chairperson Headman Moyo and Hoyini…
HARARE – The Constitutional Court (Con-Court) has ordered Attorney General (AG), Prince Machaya, to file submissions and ventilate issues in a case in which a woman has made a maternity leave challenge. The applicant, Emelda Mhuriro, approached the Con-Court challenging the constitutionality of Sections 18 (1) and (3) of the Labour Act. The statutes only…
