© United States-based economist Steve Hanke has stirred a hornet’s nest after suggesting that the country’s inflation is hovering around 570 percent. [GoogleAd] Government estimates pegged it at 175,66 percent as of June. This comes after Finance minister Mthuli Ncube banned Zimstats — an agency that calculates inflation figures based on the Consumer Price Index…
© A POLICE officer was caught on camera while raiding Drayton Farm in Harare, a court heard yesterday. [GoogleAd] Paradzai Matubu, stationed at Bindura, allegedly robbed the farm owners, Mark Creighton and Philip Butler of $72 000 and US$9 025 before getting away with the loot. Matubu and his three accomplices Tapera Nyambayaro, Bonface George…
© ZIMBABWE Energy Regulation Authority (Zera) will soon impose price controls on cooking gas in a bid to contain fuel costs for households. [GoogleAd] The decision, which was announced at a Zera workshop, will set a price for smaller quantities of liquefied petroleum gas sold in domestic markets. Zera will also regularise informal dealers as…
© EMBATTLED Metbank Limited (Metbank)’s multi-million dollar deals with the National Social Security Authority (Nssa) were a “culmination of long-term agreements and internal road-shows to raise funds for supporting government’s command agriculture programme”, documents show. [GoogleAd] This comes as new information suggests the parties had traded no less than $113 million over the past eight…
© OUTSPOKEN Zanu PF legislator Joseph Chinotimba on Tuesday bluntly told under-pressure Finance minister Mthuli Ncube to always remember that he was in his job because of the sacrifices that had been made by freedom fighters to free the country from Rhodesian oppression. [GoogleAd] This was after the Buhera South MP felt that Ncube had…
© A SUSPECTED drug dealer gave himself up by offering a US$1 000 bribe to police after they had impounded his 600kg cargo of marijuana in Nyanga. [GoogleAd] Struggle Tapera, 27, who was not caught with the dagga was only arrested when he approached one of the cops with bribery money. He has since appeared…
© FREAKED out by the ever deteriorating situation in the country, a prominent Zanu PF official has implored First Lady Auxillia Mnangagwa and opposition leader Nelson Chamisa’s wife, Sithokozile, to take the bull by the horns and help to resolve Zimbabwe’s worsening political and economic crisis. [GoogleAd] Speaking in an interview with the Daily News…
© AFTER losing their cattle to January disease coupled with ravages of drought and Cyclone Idai, Makoni residents can’t stand the prospect of Makoni Rural District council hiking fees by 300 percent. [GoogleAd] International aid organisation World Vision has reported that Makoni residents live in abject poverty while surviving off hand-outs. Makoni Residents and Rate…
© MUTARE residents are up in arms with the city fathers who they accuse of letting apostolic churches mushroom everywhere including near water reservoirs. [GoogleAd] This, they say, is posing serious health risk to residents as most of these churches do not have toilets with thousands of their congregants resorting to open air defecation. The…
© ZANU PF is continuing with partisan food distribution, withholding social welfare support across the country from opposition supporters amid a biting drought, rights group Zimbabwe Peace Project (ZPP) has said. [GoogleAd] The report revealed that Zanu PF councillors in areas such as Mt Darwin North, Nzvimbo District, Zvimba West and Mbire are excluding perceived…
