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Fare hikes hit Byo residents

THOUSANDS of commuters in Bulawayo yesterday woke up to steep kombi fare increases, at a time that they are also experiencing travelling chaos due to the intensifying shortage of diesel in the country’s second largest city. [GoogleAd] This comes as the Reserve Bank of Zimbabwe (RBZ) yesterday said it had released US$50 million to major…

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Dark clouds engulf MDC . . . as future of Zim’s main opposition party is threatened

THERE are fears that this week’s High Court ruling which nullified Nelson Chamisa’s presidency of the MDC — exacerbated by the party’s escalating infighting — could completely destroy Zimbabwe’s main opposition, the Daily News can report. [GoogleAd] Were this to happen, analysts warned yesterday, it would have far-reaching consequences for the country on many fronts….

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Zim to amend guardianship laws

PRESIDENT Emmerson Mnangagwa’s government has okayed principles for the amendment of the Guardianship of Minors Act, which will confer equal custodianship-rights to both parents.  [GoogleAd] This comes as the emotive issue has once again been highlighted by recent cases involving, among others, businessman Frank Buyanga and Zimbabwe Assemblies of God founder Ezekiel Guti’s daughter Ethanim. Under…

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Hodzi ordered to pay Chivayo’s bills

© SUPREME Court judge Bharat Patel has ordered prosecutor-general (PG) Kumbirai Hodzi to pay businessman Wicknell Chivayo’s legal costs after bungling an appeal against the latter’s acquittal on the $5,6 million fraud rap around his Gwanda solar project. [GoogleAd] This also comes as two High Court judges Owen Tagu and Tawanda Chitapi have virtually trashed…

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Govt seeks suitors for WMI, Deven Engineering

GOVERNMENT has started looking for potential suitors to invest in two of the Industrial Development Corporation of Zimbabwe (IDCZ)’s subsidiaries. IDC, along with the State Enterprises Restructuring Agency (Sera) have invited strategic partners to invest in Willowvale Motor Industries (Private) Limited (WMI) and Deven Engineering (Private) Limited. [GoogleAd] In the case of WMI, a request…

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Ultimatum for tobacco farmers

TOBACCO farmers have been urged to abide by the law and destroy tobacco stalks by May 15 before the first sowing date of June 1. Destruction of stalks helps reduce carryover diseases and pests and is effective immediately after the final harvest. [GoogleAd] In a statement, the Tobacco Industry and Marketing Board (TIMB) together with…

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Cafca buying scrap copper

CABLE manufacturer Cafca says it has commenced buying scrap copper from merchants. In a notice, Cafca said the scrap copper must first cleared by the police in line with the Copper Act. “Please be advised that Cafca Ltd will purchase copper of a purity of 99,99 percent by immediate RTGS payment  at a price of…

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Zim facing power crisis. . . low water levels affect Kariba

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…

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Bury idea of new  currency: think tank

© A LOCAL economic think-tank, Africa Economic Development Strategies (AEDS), has urged government to park its mooted plans to reintroduce another local currency until the fundamentals are ripe to support the unit. [GoogleAd] Presenting the State of the Economy Report in Harare yesterday, the chief executive officer of AEDS, Gift Mugano said the country still…

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MDC MP’s application thrown out

© HARARE magistrate Barbra Mateko has thrown out MDC Kuwadzana East legislator Chalton Hwende’s application for removal from further remand saying it was premature.  [GoogleAd] Represented by his lawyer Harrison Nkomo, Hwende is facing charges of attempting to overthrow the government.  He made the application after the State sought for a postponement of the matter,…

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