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Ex-Zanu PF official to lose house

HARARE – Former Zanu PF member Noah Mangondo is set to lose a house after failing to pay money owed to Agribank. According to a notice published by Choruma Marias Valuation and Estates Executives (Private) Limited yesterday, Agribank has instructed the auction of Mangondo’s property to service an unspecified debt. “Duly instructed by Agribank of…

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Violence commission of inquiry doomed

HARARE – By rushing to blame the main opposition party over the mayhem that rocked Harare just after harmonised elections, President Emmerson Mnangagwa could have compromised his mooted commission of inquiry to probe the disturbances. The commission is set to investigate what led the army to kill at least six people during demonstrations by supporters…

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Big blow for Nelson Chamisa

HARARE – ZANU PF is mulling using its super majority in Parliament to effect a raft of constitutional amendments, including raising the minimum age for presidential aspirants from the current 40 years to 55, the Daily News can report. [Adz] [GoogleAd]

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UBM shuts down after 50 years

HARARE – United Builders Merchants (UBM) has shut down after operating in Zimbabwe for the past 50 years. According to employees who spoke to the Daily News on condition of anonymity, UBM management announced last week that the company was filing for liquidation. Last month, the company’s managing director, Michael Bones, read out an e-mail…

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Premier raises $1m to kick-start operations

HARARE – London Stock Exchange-listed resources firm Premier African Minerals Limited (Premier) yesterday said it plans to raise close to $1 million earmarked for the resuscitation of its tungsten mine in Zimbabwe. The miner’s operations were halted towards the end of last year amid cash flow constraints It has been clear for some time that…

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Parastatal reform crucial in a new Zimbabwe

HARARE – Among the plethora of problems that will face the new government when it is sworn in and starts work, is the urgent issue of reform of the 105 State-owned enterprises (SOEs) that are currently managed by line ministries on behalf of taxpayers who are the owners or shareholders. Few other issues will demand…

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‘CAPS not there yet’

HARARE – While CAPS United displayed a unique brand of football led by their outstanding captain Hardlife Zvirekwi to emerge 1-0 winners over army side Black Rhinos at Rufaro Stadium over the weekend, head coach Lloyd Chitembwe believes they are still miles away from launching a serious title bid. CAPS trail log-leaders FC Platinum by…

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ZC braces for tough times

HARARE – Anguish is expected to ensue as struggling Zimbabwe Cricket (ZC) have confirmed a massive restructuring exercise that will see almost all staff contracts ending this month not being renewed owing to financial constraints. ZC hit rock bottom after they failed to pay staff salaries and the senior men national team players in recent…

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Correctional Services win Ranl Heroes netball tourney

HARARE – Correctional Services Queens emerged winners of the inaugural Rainbow Amateur Netball League (Ranl) Heroes Tournament after edging Glow Petroleum Queens 44-42 in an entertaining final at Harare’s Morris Depot on Monday. The Pickglow-sponsored event saw 10 teams from around the country battling out for honours with each entrant guaranteed of at least $600…

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Chamisa submits more ‘evidence’

HARARE – MDC Alliance leader Nelson Chamisa has furnished the Constitutional Court (Con-Court) with more damning “evidence” of alleged electoral fraud by the Zimbabwe Electoral Commission (Zec), the Daily News can report. In the latest testimonies lodged at the Con-Court, the MDC Alliance’s chief election agents recounted their chilling experiences at the hands of alleged…

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