HARARE – With the country’s economy continuing to haemorrhage badly despite the government’s best efforts, analysts and ordinary citizens are urging President Emmerson Mnangagwa to engage opposition leader Nelson Chamisa to stem an economic “Armageddon” similar to 2008.
HARARE – A Harare woman and her son who claimed to offer a way of trading cryptocurrency to enable their clients to make a quick buck, have been arraigned before the courts after the deal went sour. Roy Thulani Dhlamini, 23, and his mother Annah Samoyo, 44, appeared before Harare magistrate Harare magistrate Rumbidzayi Mugwagwa…
HARARE – A local businessman has approached the Supreme Court to appeal against the civil imprisonment handed to him last week for failing to pay back a $1,2 million debt owed to his business counterparts. In his court papers, Yaqub Mahomed argued that the High Court should not have granted the order since he had…
HARARE – Auditor-General (AG) Mildred Chiri has made sacrifices at home for the sake of her demanding job of auditing all government ministries, parastatals, public enterprises and local authorities and reporting to Parliament. She has been forced to postpone or forgo quality family time because of the long hours she has to put in at…
HARARE – Top Zanu PF officials are being dragged to court by State power utility Zesa Holdings (Zesa) over unpaid electricity bills. The cases illustrate how government officials, previously shielded from insolvency courts under the previous Robert Mugabe regime, are now under pressure by Zesa which is keen to secure payment of dues that would…
HARARE – Most pharmacies in the country are refusing to issue drugs to patients on medical insurance, the main doctors’ association said yesterday, leaving thousands to pay cash. Zimbabwe Association of Doctors for Human Rights (ZADHR) executive director Calvin Fambirai said the economic downturn has resulted in pharmacies rejecting some medical aid cards in the…
HARARE – Government is moving to engage Zimbabwean road construction firms in a major road expansion programme connecting Beitbridge and Chirundu amid indications the deal reached with Chinese firm Anhui Foreign Economic Construction Group Limited (Afecc) was running into problems. This comes after government withdrew the tender awarded to an Austrian company Geiger International. The…
HARARE – Our news editor Gift Phiri sits down for a wide-ranging interview with 39-year-old businessman Frank Buyanga. Find below excerpts of the interview. Q: I understand you commenced your entrepreneurial career in the United Kingdom in 1998 at the tender age of 18. Could you share a little bit about your background? A: In…
HARARE – Zanu PF youths have declared war on illegal traders and ruling party bigwigs suspected of being behind the country’s thriving foreign currency black market. Their warning comes as bond notes continue to crash precipitously against the United States dollar — causing mayhem in mainstream business and resulting in panicking shoppers rushing to hoard…
HARARE – Jittery Zimbabweans say Finance minister Mthuli Ncube’s humiliating back pedalling on Friday — on his much-criticised two cents per transacted dollar tax — was “too little, too late” because the country is now facing “a full blown economic crisis”. They told the Daily News on Sunday yesterday that the magnitude of the crisis…
