ECOBANK says it is optimistic that the performance of the bank will be sustained in the second half of the year after recording a profit after tax of $1,1 billion for the year to June 30 a slowdown from $1,6 billion achieved last year. This comes as the bank recorded an inflation-adjusted operating profit of…
OPPOSITION leader Douglas Mwonzora, is flexing his muscles in both the MDC and the MDC Alliance, with his team vowing yesterday that it will move to repossess all party properties that are in the hands of Welshman Ncube and his supporters. Speaking to the Daily News yesterday, MDC chairperson Morgen Komichi said they were taking this action…
Melisa Chatikobo THE Grain Marketing Board (GMB) has so far caused the arrest of over 300 farmers for selling their produce on the parallel market, as the parastatal has set its sights on taking delivery of 1,8 million tonnes of maize this season. According to several statutory instruments (SIs), it is illegal to sell grain…
ZANU PF has enlisted the services of President Emmerson Mnangagwa’s office to resolve a dispute in Midlands Province between Zvishavane land barons and a local housing cooperative over residential stands. The development follows a letter written to the Zanu PF Midlands provincial chairperson Daniel Mackenzie Ncube, pictured, by the ruling party’s national secretary for legal…
THE Harare regional magistrate will today rule on an objection raised by Harare mayor Jacob Mafume in a matter in which the State is seeking to bar him from visiting Town House. This comes after prosecutor Michael Reza last week summoned Mafume to court seeking an order barring him from visiting the Town House to…
THE Public Service Commission (PSC) has so far distributed close to $9 billion in salary-based loans to deserving civil servants under the…
ZESA Holdings(Zesa) has appointed corporate affairs guru George Manyaya its general manager for stakeholder relations, communications and welfare. Manyaya, currently the head of consumer affairs and publicity at Postal and Telecommunications Regulatory Authority of Zimbabwe, would assume his new position at Zesa on October 1. In a statement yesterday, Zesa executive chairperson Sydney Gata said…
LIBERATION stalwart and former Zanu PF spokesperson, Rugare Gumbo, says politicians are letting Zimbabweans down by failing to initiate all-inclusive national dialogue to end the country’s decades-long myriad challenges. Speaking to the Daily News on Sunday, yesterday the forthright nationalist also warned that time was running out for these necessary talks, especially given that the…
PRESIDENT Emmerson Mnangagwa, yesterday whipped into line Zanu PF members, who are campaigning for positions, saying they must stop it straight away and wait for the party leadership to give them the green light. This comes as the former liberation struggle movement has been engulfed by serious infighting and factionalism during the ongoing restructuring exercise…
GOVERNMENT is probing alleged purging and ill-treatment of war veterans employed by local authorities across the country. The first probe team was recently dispatched to Bulawayo by Local government minister July Moyo. According to latest Bulawayo City Council (BCC) minutes, the six-member team is led by director of Urban Local Authorities Fungai Mbetsa and had…
