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Nelson Chamisa in U-turn

HARARE – MDC leader Nelson Chamisa has cancelled celebrations to mark the party’s 19th anniversary due to the cholera outbreak which is spiralling out of control, the Daily News can report. If anything, the decision to put the festivities on ice was just academic as the police had banned the celebrations, which were set for…

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Bread price goes up

HARARE – The price of bread is going up by 10 percent with effect from today due to an increase in the price of wheat — a key raw material in the manufacture of bread. This comes at a time when millers are frantically making logistical arrangements to bring in a consignment of wheat which…

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ED talks up devolution

HARARE – President Emmerson Mnangagwa has pledged to institute provincial councils sooner rather than later in line with the provisions of the country’s Constitution as well as his government’s thrust on devolution of power. He said this as he delivered his keynote address while commissioning the Hopeville Housing Project and a tomato processing plant in…

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Doubts over Egodini project

BULAWAYO – The construction of the $60 million Egodini Mall in Bulawayo has suffered notable delays, raising questions on whether the contractor would be able to beat a set 15-month deadline. The hyped Egodini Mall is being implemented by South Africa-based civil engineering company Tearracotta Construction (Private) Limited. Tearracotta won the tender to develop the…

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Grace’s sister faces fraud charges

HARARE – Former first lady Grace Mugabe’s sister, Shuvayi Gumbochuma, was dragged to court yesterday on allegations of fraudulently processing the sale of State land before paying for it. She appeared before Harare provincial magistrate Elisha Singano and was released on $500 bail with conditions to continue residing at her current address, not to interfere…

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‘Theft contributing to power outages’

HARARE – Theft and vandalism of electricity infrastructure is contributing to unplanned electricity outages, the Zimbabwe Electricity Transmission and Distribution Company (ZETDC) said in a statement. ZETDC — a subsidiary of Zesa Holdings — said there has been an increase in faults due to theft and vandalism of electrical infrastructure, leading to frequent and long…

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Black market rates soar

HARARE – The bond note has continued to lose ground on the black market, with rates reaching a staggering 100 percent to the United State dollar yesterday. Last week, the bond was trading below 90 percent on the parallel market although it continues to trade at par with the greenback on the official market. The…

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RBZ registers 19 new micro financiers

HARARE – The Reserve Bank of Zimbabwe (RBZ) yesterday said it has registered 19 new micro financiers, bringing the total number of such institutions to 194. The central bank’s registrar of micro financiers registered the 19 institutions during the period extending from January to June 30, this year. Fifteen out of the 19 microfinance institutions…

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Govt, vendors clash

HARARE – Running  battles are expected in Harare’s Central Business District as government seeks to drive away vendors from the city centre, citing health issues following the outbreak of cholera, which has left 25 people dead. The government is seeking to drive away vendors from the streets today, while the vendors themselves argue that the…

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Undenge’s three days of prosecution

HARARE – President Emmerson Mnangagwa’s Special Anti-Corruption Unit has reserved three days for prosecution of ex-minister Samuel Undenge’s fraud case involving $5 million dollars. Undenge who is currently out on bail pending appeal against a two-and-a-half year sentence was represented by Alec Muchadehama when he appeared before Harare magistrate Nyasha Vitorini yesterday. He was advised…

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