HARARE – Four buses belonging to the troubled Zimbabwe United Passengers Company Limited (Zupco) are set to go under the hummer to offset a debt. Apart from the four buses, the public transport operator is also set to lose an Isuzu KB250LE truck after losing a High Court case against Shashe Logistics. “Duly instructed by…
HARARE – TETRAD Investment Bank (TIB) seems to be on the mend with the Deposit Protection Corporation (DPC) announcing its removal from provisional judicial management yesterday. The bank has been under provisional judicial management since July 2015. It was ordered by the central bank to stop accepting deposits in 2014 after it failed to pay…
HARARE – A bogus Central Intelligence Organisation (CIO) officer stormed State House and demanded to directly drop unidentified documents to President Emmerson Mnangagwa, a Harare magistrate heard yesterday. Marshall Chirombe appeared before Harare magistrate Rumbidzai Mugwagwa charged with impersonation. Mugwagwa remanded Chirombe in custody to December 19 and ordered that he be examined by a…
HARARE – Parliament’s standing rules and orders should be tweaked to enable it to punish opposition MPs whose conduct have become a “nuisance” in the House by disrupting business of the House, a Cabinet minister has suggested. Leader of government business in Parliament Ziyambi Ziyambi tabled the proposal in the National Assembly on Wednesday in…
HARARE – Thirty-five MPs from the eighth Parliament who failed the House’s audit of the Constituency Development Fund (CDF) will be denied access to the same in this session’s CDF allocation, Parliament announced on Tuesday. The country’s Legislature undertook to embark on an exercise to audit the CDF in a development that was hailed as…
HARARE – Electronic goods worth thousands of dollars were destroyed at Gulf Complex in Harare after a fire razed down part of the edifice Thursday night. Speaking to the Daily News, police spokesperson chief superintendent Paul Nyathi said the circumstances surrounding the fire incident are still under investigation and a full report will be released…
HARARE – Former Finance minister Tendai Biti has called on Parliament to rein in new Treasury chief Mthuli Ncube for not prioritising debate on the 2019 Budget instead prioritising foreign travel. Describing the action as “disrespect,” Biti, who is also the opposition MDC deputy national chairperson, hit out at Ncube at the start of Thursday’s…
HARARE – The new-look Daily News on Sunday will go on the market tomorrow. Associated Newspapers of Zimbabwe (ANZ) Editor-in-Chief Hama Saburi said it was all systems go come tomorrow as the stage was now set for the relaunch of a bigger and better Daily News on Sunday. Last week Friday, executives from the ANZ…
HARARE – A section of the ruling party is gingerly pushing for President Emmerson Mnangagwa to rule Zimbabwe for life to spite ambitious cadres within his party who are burning the midnight oil, plotting against him, the Daily News can report. This would necessitate an amendment of the supreme law to strike off provisions that…
HARARE – Retired army colonel Elliot Piki has blamed Commission of Inquiry chairperson Kgalema Motlanthe for his abduction, suggesting that he should help the Zimbabwe Republic Police (ZRP) with information that can lead to the arrest of his abductors. Piki was allegedly abducted at his home on November 25 a day before he was supposed…
