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Air Zim placed under reconstruction

HARARE – Struggling national airline Air Zimbabwe Holdings (Private) Limited (Air Zimbabwe) has been placed under reconstruction, as it seeks to clear its arrears in a bid to revive its operations. According to a notice published yesterday, Reggie Saruchera of Grant Thornton was appointed the administrator of the company to administer the revival of the…

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ZCDC embarks on housing project

HARARE – The Zimbabwe Consolidated Diamond Company (ZCDC) is set to develop land in Chimanimani town into a mixed residential area. The company, wholly-owned by the government, says it aims to identify and realise Zimbabwe’s diamond potential for the benefit of the nation and did not explain its forays into the real estate sector. ZCDC…

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Bulawayo named best run city in Zim

HARARE – The Local Government Investment Conference (Logic) has named the Bulawayo City Council (BCC) as the best run among the country’s 32 local authorities. The third Logic conference that made the ranking was convened by the Urban Councils’ Association of Zimbabwe (Ucaz) and ended this Thursday. It was running under the theme “Local Authorities:…

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CEOs pamper the homeless

HARARE – The CEO Eatout Movement attracted a bumper crowd of company executives who turned up at Hellenic Sports Club last weekend to — among other things — serve meals for free to the homeless. Founded by Henry Ngoni Chigama last year, to shine the spotlight on the plight of the homeless — organisers said…

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Posa ruling gets more backing

HARARE – The Constitutional Court(Con-Court)’s landmark court ruling against draconian protests legislation opens a new chapter for human rights, Amnesty International has said. This comes after the Con-Court overturned Section 27 of the Public Order and Security Act (Posa), which prohibits demonstrations without prior authorisation from the Zimbabwe Republic Police. Handing down the judgment, Rita…

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ZCTU turns to ILO over workers’ rights violations

HARARE – Zimbabwe’s main labour union has appealed to the International Labour Organisation (ILO) to probe President Emmerson Mnangagwa’s administration for violating freedom of association and workers’ rights to organise. This comes after police arrested several members of the Zimbabwe Congress of Trade Unions (ZCTU) a fortnight ago to crush protests against an extortionate tax…

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2 percent tax sparks confusion

HARARE – There is confusion in the market over the two percent tax introduced by Finance minister Mthuli Ncube. Part of the confusion emanated from an EcoCash message sent to customers stating that whilst their mobile tariffs remain unchanged, all applicable EcoCash transactions now attract two cents government tax per every dollar effective on Friday…

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AFM saga rages on

HARARE – Apostolic Faith Mission in Zimbabwe (AFM) church president Aspher Madziyire, has filed an urgent chamber application at the High Court seeking permission to be allowed to file papers in response to an application in  which some church members are contesting his presidency. Madziyire and four others had been barred from filing their papers,…

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Price hikes, inflation haunt Zim again

HARARE – Prices have suddenly shot up in Zimbabwe following a slowdown in annual inflation during the first half of the year, a leading financial research firm has said. The latest data from the Zimbabwe National Statistics Agency (ZimStat) shows that annual consumer price index (CPI) inflation continued to accelerate in September to +5,4 percent…

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Shoppers stampede for cooking oil

HARARE – Police were yesterday called to restore order at some of Harare’s leading retailers when desperate shoppers caused commotion after the outlets had received deliveries of cooking oil. One of the big supermarkets involved had to close shop after disorderly customers stampeded for the oil — which is among several basic consumer goods that…

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