THE Financial Gazette, Zimbabwe’s leading business and financial news publication, celebrated 50 years last week Friday, kicking off a week of celebrations, a public event and a special edition. The milestone, celebrated on World Press Freedom Day on May 3, makes the Financial Gazette Zimbabwe’s second oldest newspaper. Starting as a weekly paper back in…
A LOCAL economic think-tank sees the annual rate of inflation dropping to around 15 to 20 percent by year end. The think-tank — Africa Economic Development Strategies (AEDS) — made the projection at the inaugural State of the Economy Report presented by its director Gift Mugano in Harare on Tuesday. [GoogleAd] The report is jointly…
ZIMBABWE could plunge into darkness by October because of low water levels in the Kariba Dam where the country draws nearly 1 500 megawatts (MW) of electricity, the Daily News can report. This follows the marginal rainfall received during the 2018/19 farming season, spawning a drought that has left over 5 million Zimbabweans in need…
© THE Civil Protection Unit (CPU) has called off rescue efforts at Nugget Mine in Matobo where five artisanal miners perished on Monday following the collapse of a mine shaft. Sithandiwe Ncube, the provincial administrator for Matabeleland South and head of the CPU in the region, said everyone who had been trapped in the mine…
© A HIGH Court judgment nullifying the appointment of MDC leader Nelson Chamisa in 2016 and early last year has sparked outrage among observers who questioned the ruling’s legal grounding. In a ruling with far-reaching consequences, High Court judge Edith Mushore said former MDC leader Morgan Tsvangirai’s decision to appoint Chamisa and Elias Mudzuri as…
© ALL schools in Cyclone Idai-hit areas of Chimanimani, some of which suffered extensive infrastructural damage have reopened with between 80 to 90 percent of pupils turning up. [GoogleAd] St Charles Lwanga which lost two students and a staffer opened its day school with the rest of the students having been reallocated by the ministry…
© MANICALAND provincial police have expressed concern over the rise in deaths of artisanal miners. Zimbabwe Republic Police Provincial spokesperson Tavhiringwa Kakohwa said illegal mining is particularly risky and dangerous to artisanal miners as they have to enter into underground tunnels without the technical know-how and requisite equipment. [GoogleAd] “Most of the deaths are due…
© TOURISM players in Manicaland have expressed concern over the fuel crisis as it is slowing down tourism recovery efforts in the province. Hospitality Association of Zimbabwe (Haz) Mutare and Vumba chapter executive Leonard Bwanya told Eastern News that the fuel crisis was affecting their operations. [GoogleAd] “The fuel crisis is really a major drawback…
© Matabeleland South Province should be a wake-up call to the powers-that-be. Nugget Mine has been at the centre of ownership disputes since 2012, with police shutting down the operations in 2013 after the wrangling had intensified. [GoogleAd Illegal miners seized on the mine’s closure to earn a living, resulting in the latest disaster which…
© FIVE southern African nations that are home to most of the world’s elephants demanded the right to sell ivory, arguing that people who live alongside the animals must be allowed to benefit from them. [GoogleAd] The presidents of Botswana, Zimbabwe, Zambia and Namibia, as well as Angola’s environment minister, met on Tuesday in Kasane,…
