HARARE – In yet another opportunity to create financial inclusion, EcoCash has partnered a local micro-finance company to allow the public to participate in the purchase of tradable bonds, set to raise $1 million in debt financing for start-ups and small businesses. EcoCash customers can purchase the bonds, issued by Untu Capital — and called…
HARARE – For many years, we have seen the tendency by our government to give directives to schools to allow learners to attend classes despite lagging behind with their fees. Despite prohibiting the chasing away of students over non-payment of fees, schools have largely ignored the directive. Other schools are even known for withholding school…
HARARE – Old sages say, “out of sight, out of mind”. Following his forced resignation last November, memories of former president Robert Mugabe seem to be fading away — including in his own party, Zanu PF. This year, the despot’s 94th birthday will be without the pomp and fanfare that used to characterise it as…
HARARE – Harare businessman Bigboy Pachirera has formally filed a lawsuit against embattled retired police commissioner-general Augustine Chihuri amid claims that the former police boss impounded five of his cars and later changed ownership into his name. Pachirera has listed Chihuri, his wife Isabel and their company Kidsdale Enterprises as respondents to his claim of…
HARARE – European Union Ambassador Philippe Van Damme said the President Emmerson Mnangagwa administration needs to start walking the talk on implementing reforms for the country to open up to investment opportunities. He said without full policy change and implementation of promised reforms, the country faced a difficult year or one worse than last year….
HARARE – Ex-Cabinet minister Jonathan Moyo has lashed out at Vice President Constantino Chiwenga, expressing his disbelief and disappointment that the government has set up an ad-hoc committee led by the retired general to deal with the thorny issue of skyrocketing prices. In a series of fiery tweets aimed at Chiwenga, Moyo also accused the…
HARARE – Legislators’ failure to submit the necessary paperwork is stalling the disbursement of Constituency Development Funds (CDF). In a circular to Members of Parliament, Speaker of the National Assembly Jacob Mudenda encouraged legislators to “attend to the matter urgently.” He said only two constituencies out of 210 had fully complied with the CDF Parliamentary…
HARARE – Lawyers representing claimant to the Negomo chieftainship David Gweshe have written to Local Government minister July Moyo asking him to expedite his appointment as the substantive chief. Gweshe is laying claim to the chieftainship, which is currently held by the controversial Luscious Chitsinde, and wants to change it from Negomo to Gwangwadza. [Adz]…
HARARE – The Reserve Bank of Zimbabwe (RBZ) has unveiled a $15 million tourism development support facility to fund tourism projects as well as entice new sector players. Addressing stakeholders at the launch of the facility at a local hotel yesterday, the Tourism and Hospitality Industry minister , Prisca Mupfumira, said the facility was part…
MUTARE – Mutare town clerk Joshua Maligwa and Rusape housing director Laurence Mushayabasa, arrested for criminal abuse of office by Zimbabwe Anti-Corruption Commission (Zacc), have been freed on bail. Maligwa, 46, who was represented by Ashely Mutungura and Mushayabasa, 48, who is being represented by Taurai Khupe, were not asked to plead when they appeared…
