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Reprieve for microfinance institutions

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HARARE – Microfinance Institutions (MFIs) will soon be allowed to renew their operating licenses once in every three years as the country moves towards financial inclusion, businessdaily has established. This compares favourably with the current annual license registration. “The government has begun to amend the Microfinance Act to address its shortcomings, by among other things,…

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Zifa must learn from the past

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HARARE – Zimbabwean football administrators should learn from the past, judging by what transpired last week at the Warriors send-off ceremony for the 2017 Africa Cup of Nations (Afcon) finals. The players refused to attend the function at a top local hotel after they reached a deadlock with the Zimbabwe Football Association (Zifa) over winning…

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Stop passing buck on typhoid

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HARARE – The ministerial taskforce is not being sincere when they blame food vending for the recent typhoid outbreak in Harare while absolving themselves from the mess. Instead of giving vendors a 48-hour ultimatum to cease operations in the Harare metropolitan area, the ministers should actually have given themselves such a deadline to attend to…

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Mnangagwa on the ropes

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HARARE – There was widespread agreement yesterday that Vice President Emmerson Mnangagwa is walking a tight rope following Wednesday’s dramatic events in which his Zanu PF enemies put in motion plans to have him censured by President Robert Mugabe, over a festive season gathering that the VP hosted at his rural home. This comes as…

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No joy on extolled China mega deals

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HARARE – Analysts say Zimbabwe is a long way from tying down and reaping the benefits of its much-vaunted multi-billion dollar “mega deals” with China, which first hit the headlines in 2014. This is despite President Robert Mugabe’s recent visit to Beijing, which saw both Zanu PF apparatchiks and State media using megaphones to suggest…

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Zanu PF, ZPF wrangle ahead of Bikita poll

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HARARE – Zanu PF and the Joice Mujuru-led Zimbabwe People First (ZPF) opposition party are trading accusations over violence ahead of the Bikita West by-election. While six candidates have successfully filed their papers at the Nomination Court that sat at the Masvingo Magistrates’ Court, the main battle is between the ruling party’s women’s league provincial…

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Govt to grab private land for civil servants’ homes

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HARARE – Government has said it will grab private land to allocate residential stands to restive civil servants, with officials denying that the State-facilitated housing project is a vote-buying gimmick ahead of the 2018 elections. In a bid to appease civil servants who are complaining about delayed salary disbursements and unpaid 2016 bonuses, government intends…

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Redcliff residents sue council

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BULAWAYO – Redcliff residents have dragged their council to court for failing to provide water and a proper sewer reticulation system. The 482 residents under the Torwood Redcliff Rutendo Ratepayers Association (Torra) cited the Redcliff Municipality as the only defendant in the case. The suit was filed at the High Court here. [GoogleAd] According to…

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Nust student in $12K insurance fraud

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HARARE – A Part Four National University of Science and Technology (Nust) student allegedly attempted to scam an insurance company of $12 628.  Tinashe Chirandu appeared before Harare magistrate Rumbidzai Mugwagwa yesterday. He was remanded out of custody on $50 bail along with stringent bail conditions. It is the State’s case that Chirandu committed the…

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UZ backs down on fees hike

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HARARE – University of Zimbabwe (UZ) administration has put on hold a 35 percent fees hike it had imposed on College of Health Sciences students. Students had expressed outrage in response to a January 4  directive — signed by the university’s vice chancellor Levi Nyagura — that fees for medicine undergraduates be increased to $1…

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