HARARE – The African Export-Import Bank (Afreximbank)’s pledge to inject$1, 5 billion into Zimbabwe will help boost the economy if put to good use, but falls short of the actual amounts needed to turn around the economy, analysts said yesterday. Afrexim bank president and chairman Okey Oramah told reporters after a meeting with Mnangagwa and…
HARARE – Zanu PF leader, Emmerson Mnangagwa, has dismissed fears that allies of former president Robert Mugabe would be pushed out of the party’s politburo and central committee. Mnangagwa gave the assurance in his opening remarks delivered at the party’s politburo meeting held in Harare yesterday. Party’s spokesperson, Simon Khaya-Moyo, told journalists after the meeting…
HARARE – A robbery-convicted cop and his gang reportedly stormed into a Harare businessman’s premises and subdued him until he surrendered $91 000 with, a Harare court heard yesterday. They claimed to be soldiers on a State-sanctioned operation. Fortune Sibanda, 31, was jailed five years for robbery on September 18 this year but was released…
HARARE – President Emmerson Mnangagwa and his government’s economic direction appear to have unsettled the main opposition MDC whose MP this week claimed the new administration cloned some policies from its own economic blueprints. Mnangagwa has been warmly received by the large cross section of Zimbabweans which opines that his economic reforms, if backed by…
MUTARE – Tour operators in Chimanimani have engaged lawyers to force Zimbabwe National Parks and Wildlife Management Authority to release a report on investigations into illegal gold mining activities in Chimanimani Mountains. The gold mining activities are allegedly being supervised by senior ZimParks rangers. The tour operators who forced the investigations are worried that ZimParks…
HARARE – Harare City Council (HCC) has begun using municipal police in plain clothes as it steps up the crackdown on illegal informal trading in the city centre. Harare mayor Bernard Manyenyeni said the idea for municipal police to use civilian clothes was for their own protection. HCC spokesperson Michael Chideme said the city has…
HARARE – November 15 has earned a place in Zimbabwean political historiography for a number of reasons. Having been there when it happened is an honour for most Zimbabweans as they will be able to tell it to future generations. It was a day when Zimbabwe’s only leader then since independence, Robert Gabriel Mugabe, was…
HARARE – African Export-Import Bank (Afreximbank)’s announcement on Tuesday of a $1,5 billion economic stabilisation package for Zimbabwe can be a game changer for President Emmerson Mnangagwa’s new government. President Emmerson Mnangagwa Afreximbank said they are to support the stabilisation of the Zimbabwean economy by providing currency liquidity to avoid bank queues. The injected funds…
HARARE – The African Export-Import Bank (Afreximbank) said it is seeking to engage a consulting firm to carry out a feasibility study on the construction of a multi-million dollar complex in Zimbabwe’s capital city. Afreximbank will build a permanent regional office for southern Africa in Harare with an integrated one-stop trade services shop. It is…
HARARE – Industry minister Mike Bimha has said the application of standards leads to the production of internationally-accepted goods and services as well as remove barriers to trade. Addressing guests at the 2017 National Annual Quality Awards (Naqa) hosted by the Standards Association of Zimbabwe (Saz) on Tuesday evening, Bimha said the removal of trade…
