HARARE – African Distillers (Afdis) says its profit for the six months to December 31, 2018 increased by 157 percent to $7,1 million compared to $2,7 million registered in the 2017 corresponding period, largely driven by firm demand across all product categories. Pearson Gowero, the company’s chairperson, said despite firm demand the company could not…
HARARE – Opposition leader Nelson Chamisa revealed yesterday that his revered late predecessor, Morgan Tsvangirai, had died a bitter man after he was allegedly duped by President Emmerson Mnangagwa and his allies that an inclusive transitional government would be set up following the November 2017 soft coup which felled former president Robert Mugabe from power. [GoogleAd] The…
VICTORIA FALLS – Business leaders gathered here for the on-going chief executive officers’ indaba — the CEO Africa Round Table — yesterday expressed serious concerns over the austerity measures announced by Finance minister Mthuli Ncube last year. They said the cocktail of stabilisation measures — including the much-criticised two cents tax per every dollar transaction —…
HARARE – Zimbabwe Human Rights NGO Forum (the Forum) has written to the African Union (AU) chairperson and Egyptian president Abdel Fattah al-Sisi, demanding the regional body to urgently intervene and assist in ending the crisis in Zimbabwe. According to the letter dated February 10, 2019, the Forum’s chairperson Jestina Mukoko, claimed there has been a…
HARARE – MDC legislators on Wednesday grilled Justice, Legal and Parliamentary Affairs minister, Ziyambi Ziyambi over the effects of government’s austerity measures while bigwigs are living an extravagant life. MDC MP for Glen Norah, Wellington Chikombo set the ball rolling after he asked Ziyambi if the government is pro-poor or not. [GoogleAd] “I want to…
HARARE – A 35-year-old man has been arrested for extortion after he allegedly demanded 100 rounds of sexual intercourse or $1 000 from his ex-girlfriend under the threat of releasing her nude pictures on social media. [GoogleAd] Lazarus Masango, however, denied the charges when he appeared before magistrate…
HARARE – A police officer yesterday offered to pay $60 as maintenance for his three minor children. Luke Mafusire said he could afford the $287 that his wife Winfielder Madyangove was claiming for their children aged 12 years, 8 and 2. [GoogleAd] Mafusire said his salary was $109. “I earn $109. I took out loans while…
HARARE – Motorists say they are still facing challenges using temporary number plates on their vehicles even after government announced an extension of their life-span. The temporary plates used to be valid for two weeks but have now been extended to an indefinite period of time although police profess ignorance to this extension. [GoogleAd] In a…
HARARE – Zimbabweans should brace for tougher times ahead if the monetary policy fails to address the fundamentals in the economic quagmire. The monetary policy statement (MPS) which should have been presented by end of January has allegedly been stalled by the discord between Reserve Bank of Zimbabwe (RBZ) governor John Mangudya and Finance minister Mthuli…
VICTORIA FALLS – Zimbabwe must seriously look into the possibility of joining the Rand Monetary Union as the central bank mulls introducing a fresh monetary policy tool to alleviate foreign currency shortages, the head of Parliament’s Public Accounts Committee Tendai Biti has said. Amid sharp differences between RBZ governor John Mangudya and Finance minister Mthuli Ncube…
