HARARE – Local music promoters are forging partnerships with their counterparts in other countries in a bid to get the necessary foreign currency to bring international artistes to Zimbabwe. Due to the shortage of foreign currency in the country as a result of economic challenges the nation has been experiencing for decades, the Reserve Bank…
HARARE – Former Cabinet minister David Coltart, in remarks set to increase temperatures in warring Zanu PF, has claimed that Vice President Emmerson Mnangagwa’s long-standing relationship with President Robert Mugabe — and knowledge of his secrets which includes his health status — make him a favourite to succeed the long-serving 93-year-old. The former Education minister…
BULAWAYO – Our reporter Jeffrey Muvundusi had a wide ranging interview with Bulawayo-based respected lawyer and former Education minister, David Coltart. Below are the excerpts of the interview. Q: To begin with, what’s your analysis of Zimbabwe’s current economic situation? A: At the core of our current situation is a collapse of business confidence in…
HARARE – Zimbabwe’s fuel is the most expensive in southern Africa despite government introducing its controversial mandatory blending policy which forces fuel companies to mix unleaded petrol with ethanol as part of reducing the import bill. In a paper on the prices of fuel, the Zimbabwe Energy Council (Zec) noted that the country’s commodity was…
HARARE – Viability challenges and Zimbabweans’ inability to repay loans has resulted in 1 521 moneylending companies closing down in the past 14 years, amid fears the biting liquidity crisis will result in more microfinance companies twisting in the wind. Observers, however, believe microfinance institutions play a critical role in providing finance to smaller businesses…
HARARE – Women have expressed mixed feelings over a recent High Court judgment which awarded damages to a woman who was suing her hubby’s “small house” for adultery. High Court judge Judith Mushore awarded $8 000 in damages to Corah Mahachi, 70, who was suing her hubby Taurayi Mungate’s small house Pamela Farai Zimba for…
HARARE – Premier Service Medical Aid Society (Psmas) is suffering a myriad problems — decreased membership, legal battles and a general lack of confidence in the society’s card. On its end, its debtors are also not remitting payments, resulting in the society being owed over $120 million, with a huge chunk of it being owed…
HARARE – President Robert Mugabe’s Zanu PF party cannot afford to expel more of its members ahead of the crucial 2018 elections, as this will lead to a costly implosion, analysts have said. This comes after calls from war veterans and some sections of the party for the expulsion of Higher and Tertiary Education minister…
HARARE – As the economy continues to bite the dust, more and more children in and around Harare are being forced to beg from motorists at road intersections. Some of the children will be carrying family siblings on their back as they dangerously move, bowel in hand, between moving vehicles. At the traffic lights by…
HARARE – Activist Patson Dzamara has filed an appeal against his sentence and conviction over an obstruction of justice charge. Dzamara and his accomplice Makomborero Haruzivishe were sentenced to 12 months’ imprisonment by Harare magistrate Josephine Sande before three months were suspended on condition of good behaviour. The remaining nine months were set aside on…
