HARARE – Under-pressure local companies — reeling from myriad problems which include having to deal with soaring production costs — have rejected demands by unions to pay their employees in United States dollars. The demands to have employees paid in hard currency comes as Zimbabwe is experiencing a severe economic crisis — characterised by acute…
HARARE – A Beitbridge based suspected copper cable thief has been arrested, after he was caught in the act by alert Zesa Holdings (Zesa) officers in Kensington, on the outskirts of the city. This comes as Zesa, through its subsidiary the Zimbabwe Electricity Transmission and Distribution Company (ZETDC), has invited whistle-blowers in a desperate attempt…
HARARE – President Emmerson Mnangagwa’s administration is apparently closing in on foreign currency kingpins — amid indications that a number of Zanu PF bigwigs and prominent businesspeople are among those facing imminent arrest. Well-placed sources told the Daily News yesterday that the “rogue” Zanu PF hotshots and top businesspeople — mainly of Asian descent —…
BULAWAYO – There is renewed vigour and hope in the Zanu PF Bulawayo provincial structures after firebrand war veteran Jabulani Sibanda was recently readmitted in the party. Sibanda, who has been conspicuous by his silence, and kept the nation guessing about his political career despite the departure of former president Robert Mugabe’s government which had…
HARARE – Farmers have so far delivered 1,1 million tonnes of maize to the State granary since harvesting started in April. GMB general manager Rockie Mutenha, said the Grain Marketing Board shall be paying farmers one week after delivering their crop. In the past, the parastatal struggled to pay for maize delivered to its depots….
HARARE – Telkom is in talks with Zimbabwe’s State-owned mobile telecommunications operator, NetOne, as the government weighs the privatisation of the business. Telkom is engaged in supplying telecommunication, multimedia, technology, information and other related information technology services to the group customers, as well as mobile communication services, in Africa. The company operates in two segments:…
HARARE – The Anti-Corruption Trust of Southern Africa (ACT-SA) has urged President Emmerson Mnangagwa and law makers to come up with a law to deal with illegal currency trading and related financial activities in Zimbabwe. This comes after ACT-SA had a meeting with the Police Acting District Commanding Officer, the Dispol, after noting that illegal…
HARARE – A Zimbabwe Revenue Authority (Zimra) official in Harare was arrested last week for attempting to take a bribe from an African Eyes Opticians accounting officer in return for a tax clearance certificate. Zimra customer liaison officer Betty Masunungure was handed over to the police by her superiors after African Eyes Opticians group finance…
HARARE – Ex-Zimbabwean soldiers who fought in an expensive civil war in the Democratic Republic of Congo two decades ago have appealed to Defence and War Veterans minister Oppah Muchinguri-Kashiri to help them to get compensation for trauma as well as the gruesome deaths of their colleagues there. An estimated 11 000 Zimbabwean soldiers were…
HARARE – Former Zimbabwe Farmers Development Company executives were yesterday hauled before the courts on $9 million theft charges. Edward Raradza, 71, Matthew Raradza, 46, and Thomas Nherera, 68, were released on $300 bail each and ordered to surrender their passports and continue residing at their present addresses as part of bail conditions. They were…
