A DAY after under-fire Finance minister Mthuli Ncube introduced his latest measures, the country’s thriving foreign currency black market ran amok amid a fresh wave of price hikes of basic consumer goods, the Daily News reports. Observers immediately expressed the fear that things could soon get out of hand in the country if authorities don’t…
IRATE legislators are baying for under-fire Finance minister Mthuli Ncube’s blood — in the wake of his new economic measures which have led to the collapse of the wobbly Zimbabwe dollar and hefty hikes in prices of basic goods. This comes as Ncube himself has readily admitted that the local currency, which he prematurely re-introduced…
PARLIAMENTARIANS yesterday demanded the dissolution of the Zimbabwe Football Association (Zifa) board for allegedly sleeping on the job and looting the association’s resources. Led by MDC MP for Southerton, Peter Moyo, in the National Assembly yesterday, legislators from across the political divide, including independent Norton MP Temba Mliswa and Zanu PF’s Omega Sibanda (Vungu), the…
TRADITIONAL chiefs yesterday came out guns blazing, accusing the government of failing to arrest illegal foreign currency dealers. The chiefs told deputy Home Affairs minister Mike Madiro in the Senate that his ministry officials were sleeping on the job by failing to end street foreign currency dealings. The matter was first raised by Senator Ranganai…
UNITED States of America senators have called on their government to add more names from President Emmerson Mnangagwa’s inner circle on its Specially Designated Nationals and Blocked Persons (SDNs) as they pile pressure on Harare to respect human rights and address the social, political and economic challenges affecting the country. This comes after the US…
AXIA Corporation Limited (Axia) says profit surged 64 percent to $74,76 million in the six months ended December 31, 2019 from $45,42 million in prior period, despite inflationary pressures on costs. The listed speciality retail and distribution group’s revenue was up four percent to $1,729 billion during the review period compared to $1,665 billion in…
Zimbabwe and Algeria are hoping their request to postpone the forthcoming 2021 Africa Cup of Nations (Afcon) Group H qualifier due to the coronavirus (Covid-19) will be accepted by the Confederation of African Football (Caf). The Warriors are scheduled to take on the Desert Foxes at the Mustapha Tchaker Stadium in Blida on March 26….
DENDERA musician Suluman Chimbetu is determined to release a new album this year after a long hiatus, if developments on the ground are anything to go by. Suluman Chimbetu The singer has since scaled down on live shows, spending his time in the studio perfecting the new project, which has been titled Asante Sana. This…
LAFARGE Cement Zimbabwe (Lafarge) yesterday unveiled a US$2,2 million dry mortar mix products plant, which is part of the group’s US$25 million phased projects. Precious Nyika, Lafarge’s newly appointed chief executive, said the project will bring in additional cement milling capacity as well as additional capacity for agricultural lime production. “Lafarge has been manufacturing Dry…
LOCAL comedians continue to feast on the country’s topical and sensitive issues, the latest being the Covid 19 (corona virus). With the virus causing headaches for governments across the globe, comedians are addressing the issue in humorous ways while at the same time educating people on the virus. Local comedians among them Ray Vines, Bustop…
