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Zim targets Rwanda

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HARARE – Zimbabwean investors are expected in Rwanda today to explore investment opportunities in various sectors, including ICT, agriculture, manufacturing, real estates finance and energy. The 35-member business delegation led by Zimbabwe National Chamber of Commerce president Devine Ndhlukula will also be seeking partnerships with local firms as part of efforts geared at boosting trade…

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‘Marange environmental damage costs $20 million’

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HARARE – Seven diamond companies that operated in the Marange area from 2007 to 2015 mined the area without rehabilitating mined out areas and the environmental reclamation exercise is estimated to cost well over $20 million, Zimbabwe Consolidated Diamond Company (ZCDC) chief executive Morris Mpofu has said. Mpofu said no provision was set aside to…

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All change and no change

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HARARE – It now looks as if South African President Jacob Zuma’s days in power are nearing closure. He simply can no longer carry on as if it was business as usual. The weight of the 800 odd charges of corruption and the allegations of State capture are simply too much and the increasing pressure…

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The $15bn diamond saga cannot be wished away

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HARARE – Last week, Finance minister Patrick Chinamasa did a pathetic job of defending the indefensible. During debate in the National Assembly on the National Budget, he tried to dismiss former president Robert Mugabe who revealed in a televised interview in February 2016 that diamond revenue worth over $15 billion could not be accounted for….

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Witch-hunt over ED poisoning

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MUTARE – A senior Zanu PF official has sensationally claimed that one of the passengers in a helicopter ride to a presidential youth interface rally held in Gwanda last August tried to take the life of then vice president Emmerson Mnangagwa by slipping a potentially lethal poison into the food he consumed. The ruling party’s…

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Fears of disease outbreaks at Chikurubi

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HARARE – Fears of the outbreak of waterborne diseases abound at Chikurubi Maximum Security Prison where male inmates have gone for over a week without clean water. While the male section of the penitentiary has been experiencing erratic water supply for some time, the situation worsened a week ago. On Monday, scores of inmates could…

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Jaggers disposes of Ardbennie building

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HARARE – Former Jaggers Wholesalers building in Ardbennie is set to go under the hammer on Saturday in the ongoing liquidation of the country’s largest wholesaler. The sell is meant to raise money to pay creditors, who are owed over $13 million, their final dividend. In a notice yesterday, the property will be auctioned by…

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5 million registered so far to vote

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HARARE – Zimbabwe Electoral Commission (Zec) has said 5,021,295 voters have been registered for the vote so far. President Emmerson Mnangagwa has said Zimbabwe will hold elections in four to five months. With less than a fortnight before the end of the mop up biometric voter registration (BVR) blitz which ends on February 8, the…

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PIMZ party changes name to TNPF

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HARARE – The Progressive and Innovative Movement of Zimbabwe (PIMZ) members have overwhelmingly backed renaming their PIMZ party The New Patriotic Front (TNPF) in a boost for party president Tendai Peter Munyanduri, who wants to use the re-branding as a springboard for the 2018 presidential election. With just months to go before the 2018 general…

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GMB posts $208m net loss for 2017

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HARARE – State grain utility Grain Marketing Board (GMB) posted a net loss of $208 million last year that it attributed to the impact of a government-sponsored Command Agriculture that offered a maize subsidy. GMB general manager Rockie Mutenha told the parliamentary portfolio committee on Lands, Agriculture and Rural Resettlement yesterday that government’s decision to…

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