HARARE – President Robert Mugabe yesterday left for Mauritius to attend the African Economic Platform (AEP) conference, hours after his arrival from Swaziland where he was taking part in the Sadc extraordinary summit. The AEP was set to institutionalise a new annual platform for African leaders and create an avenue for dialogue among a range…
HARARE – Reserve Bank of Zimbabwe (RBZ)’s subsidiary Homelink has begun disbursing a $15 million loan that will benefit scores of cross-boarder traders. This comes as government is making moves to cushion the informal traders against cash shortages that had given room for parallel market activities. The money will be disbursed through Agribank. Agribank head…
HARARE – Reserve Bank of Zimbabwe governor John Mangudya over the weekend reiterated the country’s commitment to repay its external debts. “Zimbabwe owes many people money and we owe it to pay everyone; there is no favouritism. If you borrow money from the World Bank, you need to pay the World Bank, if you borrow…
HARARE – Fixed telecommunications operator, TelOne, said it has so far drawn down a total of $33 million from the China Exim $98 million facility for its modernisation project. This comes as the company moves to introduce more services to counter the decreasing voice revenue. Telecommunications voice revenues continue to nosedive globally mainly due to…
HARARE – Premier Soccer League champions CAPS United yesterday held their nerve to beat five-time African kings, the cash-rich TP Mazembe of DR Congo, on away goals rule following a goalless draw which earned them a berth in the lucrative Champions League group stages. In the process, Makepekepe wrote their own piece of history, as…
HARARE – CAPS United coach Lloyd Chitembwe has praised the fighting spirit of his players after they weathered a TP Mazembe storm to storm into the group stages of the African Champions League yesterday. Having played out a 1-1 draw in the first leg in Lubumbashi last week, Makepekepe held out for a goalless draw…
HARARE – At the final whistle, there was hysteria inside the National Sports Stadium yesterday as CAPS United players, coaches, officials and their fans realised they had just made history. Makepekepe had just defied all odds to dump DR Congo giants TP Mazembe out of the African Champions League. When the draw for this competition…
VICTORIA FALLS – Zimbabwe Sevens side won the first edition of the KweséSports Victoria Falls Sevens tournament when they beat Namibia 24-7 in the Cup final yesterday. The Cheetahs led 12-0 at the break after exploiting the Namibian defence down the blindside for both their tries. Namibia hit back with a try of their own…
HARARE – Security commanders have summoned opposition parties to a meeting in Harare tomorrow, ahead of Wednesday’s planned mega demonstrations — amid fears by panicking authorities that the spirit of resistance which swept across the country last year is once again gathering steam ahead of next year’s make-or-break national polls. This comes as the under…
HARARE – As the Daily News celebrated six years yesterday, since it came back to the market on March 18, 2011, respected legal eye Alex Magaisa has described the influential newspaper’s closure by the government in September 2003 as “not legally sound”. Writing on his Big Saturday Read blog, the University of Kent law lecturer…
