News

HARARE – Matabeleland chiefs have written a petition to President Emmerson Mnangagwa bemoaning their alleged economic marginalisation which they said should be corrected under the new dispensation. In the petition, Avoca Filabusi Communal lands chief, Vezi Maduna-Mafu, noted that locals in most Matabeleland regions including Hwange, Lupane, and Binga, among others, are excluded in developmental…

HARARE – Nelson Chamisa’s MDC yesterday claimed it has disbanded a youth-led outfit called The Order of the Vanguard (Vanguard). Describing it as “an otherwise peaceful and disciplined team of MDC youths”, Lovemore Chinoputsa, the secretary-general of the MDC Youth Assembly, said the Vanguard “has since been disbanded on the orders of the national council,…

HARARE – Opposition leader Nelson Chamisa and his lieutenants are living in fear of an imminent government crackdown, after army and police chiefs suggested this week that a militant wing in the MDC was responsible for the August 1 killings which left six people dead and dozens others injured, the Daily News can report. This…

HARARE – Masvingo has gone for a week without water because the municipality is failing to raise $4 000 for fix a water pump. Masvingo Residents Trust (MRT) coordinator Ephraim Mutombeni has written to minister of State for Masvingo Province Ezra Chadzamira to facilitate the emergency allocation of the required forex from the Reserve Bank…

HARARE – Zanu PF’s notorious succession demons have resurfaced, with the party’s senior officials locking horns over who should take over from President Emmerson Mnangagwa — a few months after the 76-year-old strongman won a hotly-disputed five-year mandate to lead the country. The fresh fissures in the former liberation movement come as Mnangagwa has recently…

HARARE – Air Zimbabwe is “wet leasing” one if its aircraft in a fundraising drive that is part of its reconstruction strategy. A wet lease agreement is a contractual arrangement covering the hire and servicing of aircrafts, and the provision of a flight crew to the leaseholder. In a notice, the airline notified prospective bidders…

HARARE – Chitungwiza Municipality has advertised its proposed budget for 2019 and invited residents to inspect the spending plan. Chitungwiza town clerk George Makunde said copies of the proposed charges and amendment of by-laws will be open for inspection during working hours. “Notice is hereby given that the municipality of Chitungwiza has resolved to advertise…

HARARE – There is material breakdown in government’s internal control financial systems and procedures, inadequate accounting processes, and significant weaknesses and misstatements of financial reports, Auditor-General (AG) Mildred Chiri has said. In a report presented to Parliament, Chiri reported that government ministries failed to provide comprehensive financial information due to inefficient accounting systems, with some…

HARARE – State-owned enterprises and parastatals continue to incur shocking financial losses, with high chances of ceasing operations, Auditor-General Mildred Chiri has warned. State-owned enterprises and parastatals are losing millions of dollars, according to Chiri’s latest 2017 report, with fears that some might be declared insolvent due to the losses. Among the companies experiencing dreadful…

HARARE – A new law came into force yesterday prescribing a 10-year jail term for unlicensed foreign currency traders in Zimbabwe. The new law that amends the Exchange Control and Money Laundering and Proceeds of Crime Act says those convicted will also have money confiscated from them forfeited to the State. [GoogleAd] This comes after…