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AirZim, Caaz square off

HARARE – Struggling national flag carrier, Air Zimbabwe (AirZim) is locked in a bitter wrangle with the Civil Aviation Authority (CAAZ) over a three-year arrangement involving air ticket charges and passenger service fees, it has emerged. The two parastatals had buried the hatchet when CAAZ climbed down from the forced arrangement whereby AirZim passengers were…

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Harare businessman robbed $91k

HARARE – Police have nabbed another suspected robber who teamed up with his gang and robbed a Harare businessman of $91 000, after storming his premises. Onismo Matuke’s arrest comes a month after his accomplices were apprehended and brought to court in December last year. He reportedly led detectives to the recovery of a Toyota…

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Budiriro 4 land dispute turns nasty

HARARE – A dispute over land, in Harare’s high density suburb of Budiriro 4, has degenerated into a nasty battle between apostolic sect members, leading to one being dragged to court over rape. Herbert Senda, 34, was involved in a land dispute with Clifford Chimusoro, Muchineripi Utete, Blesssing Chimbadzo, Wellington Kadzutu and Taurai Munyika all…

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Mudzuri protests speaking before Chamisa at rally

HARARE – Rifts have widened in the MDC after the party’s acting president Elias Mudzuri refused to play second fiddle to his co-deputy Nelson Chamisa who was slotted as the main speaker at yesterday’s Chitungwiza rally. Morgan Tsvangirai, the MDC Alliance presidential candidate, has chosen Chamisa to stand in for him and to handle all…

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Don’t we all deserve a chance?

HARARE – The appointment of Justice Priscilla Chigumba as head of the Zimbabwe Electoral Commission (Zec) has been met with mixed feelings. Pessimists are frightened by her appointment. They are arguing that none of her predecessors was independent from the appointing authority, thus the new Zec chair is a chip off the old block incapable…

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IDCZ to exit Chemplex Corporation

HARARE – The Industrial Development Corporation of Zimbabwe (IDCZ) is inviting financial advisors to lead the sale of Chemplex Corporation Limited, one of its subsidiaries. In a Government Gazette published on Friday last week, IDCZ sets out a range of requirements for the would be financial advisor to lead the investor search and dilution of…

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Sable Chemicals crying out for capital injection

HARARE – Sable Chemicals — Zimbabwe’s sole manufacture of Ammonium Nitrate (AN) fertilizer — is crying out for serious investment to be able to hit full production capacity. The company is a key institution in providing the country’s nitrogenous fertilizer needs. Sable Chemicals’ chief executive officer (CEO) Bothwell Nyajeka told the Daily News that the…

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Zim neglects Italy Bippa

HARARE – Zimbabwe has failed to ratify a Bilateral Investment Promotion and Protection Agreement (Bippa) it signed with Italy 19 years ago, a situation that has resulted in low trade between the two countries. Italian ambassador Enrico De Agostini said the southern African country was not sincere on its quest to do business with the…

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Foreign investors shun energy sector

HARARE – The Zimbabwe Energy Council says foreign investors shied away from the country’s energy sector last year despite injecting close to $3 billion in the region due to high political risk. The council’s chairperson Amiel Matindike said 2017 was a difficult year in terms of funding of projects — both small and big. “The…

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Dutch expert visits rural farmers

HARARE – Retired Dutch farmer, organic specialist and PUM expert Coen De Berg was on a consulting visit to farmers in Rusitu and Chipinge last week. De Berg, who landed in Zimbabwe because of a ZimTrade-PUM partnership, holds more than 40 years’ experience in organic dairy farming and horticulture production for the European market. Small…

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