© Regional leaders are escalating pressure on the country’s political players to push for dialogue as the country’s economic plight worsens with the latest figure to join the fray being former South African President Thabo Mbeki — who strongly feels that Zimbabwe’s biggest opposition party MDC must be part of dialogue matrix. [GoogleAd] MDC leader…
© THERE are fears that President Emmerson Mnangagwa’s growing rapprochement with Western powers could be jeopardised if his under pressure government once again uses the military to deal with protesters as happened in 2018 and in January this year when trigger-happy soldiers mowed down innocent civilians, the Daily News can report. [GoogleAd] This follows Defence minister…
© OVER 1 500 families in Chamanimani are still living in tents nearly three months after Cyclone Idai destroyed their homes, Local Government minister July Moyo has revealed. [GoogleAd] Moyo told senators last week that government is running around to try and get shelter for the families. “We have in Chimanimani 1 654 families that…
© LACK of production in the country will cause the RTGS dollar to further plunge as it loses ground against the sturdy US dollar, former Finance minister Tendai Biti has said. [GoogleAd] This comes after the RTGS has continued to plummet against the US dollar, fetching around 920 percent on the black currency market and 600…
© THE docket of former permanent secretary in the Mines ministry Francis Pedzana Gudyanga, who stands accused of defrauding the State of more than $1,6 million is still missing, a court heard yesterday. [GoogleAd] Gudyanga, who is also former Marketing Corporation of Zimbabwe (MMCZ) board chairperson, stands accused of paying $1 629 500 from the…
© LISTED milk processor Dairibord Holdings Limited (DHL) says it has not been spared by the current economic headwinds which have resulted in the company’s intermittent price increases in response to the economic conundrum. [GoogleAd] Zimbabwe’s business operating environment has continued to degenerate amid a worsening currency crisis where the RTGS dollar has continued to tumble…
© IN a rare development, residents here have hailed the move by the Bulawayo City Council (BCC) where councillors and members of staff will now be legally mandated to declare their assets. [GoogleAd] The new policy is carried under the conflict of interests and confidentiality policy which was passed by the local authority recently. The…
© THE People’s Own Savings Bank (POSB) says at least four international investors have expressed interest to acquire a stake in the financial services institution. [GoogleAd] POSB is among several State enterprises earmarked for privatisation by government following years of perennial losses. Admore Kandlela, the bank’s chief executive, said an evaluation committee has been put in…
© THE High Court has thrown out incarcerated Independent End Time Message founder Robert Martin Gumbura’s bid to suspend proceedings in a case he is accused of masterminding a foiled jail break from Chikurubi Maximum Security Prison in 2013. [GoogleAd] Gumbura approached the upper court after magistrate Francis Mapfumo dismissed his application for discharge at…
© ZIMBABWE’S year-on-year inflation rose to a 10-year high of 97,85 percent in May from 75,86 percent in April, pushed by persistent increases in the price of basic goods, Zimbabwe National Statistics Agency(Zimstat) said yesterday. [GoogeAd] This comes as the value of RTGS dollar has been deteriorating due to the country’s growing reliance on imports…
