HARARE – The decision by Reserve Bank of Zimbabwe (RBZ) to introduce a three-tier system for banks in complying with the minimum capital threshold might be welcome in some quarters, but it poses a serious confidence threat on some local banking institutions. The central bank governor John Mangudya in his maiden monetary policy statement proposed…
HARARE – Zimbabweans should commend Tourism minister Walter Mzembi for his ambitious plan to have the country host the 2017 Africa Cup of Nations (Afcon). Mzembi revealed Zimbabwe’s interest of hosting the tournament after Libya pulled out for the second time. “We are dreaming, Mr Speaker, of mega events in the future that will improve…
HARARE – The floor remained intact, itself the only surviving evidence of a round hut that once stood there. MDC president Morgan Tsvangirai sits down on the desolate floor, listening intently to the gory details from villagers of how it all happened some six years ago. We are in Zanga village in Uzumba, Mashonaland East,…
EDITOR — Rural Teachers Union of Zimbabwe (RTUZ) would like to applaud the concerted efforts by Members of Parliament who moved a motion concerning the rot in the education sector. RTUZ would like to extend its gratitude to the efforts by Joseph Chinotimba, Priscilla Misihairabwi-Mushonga and Settlement Chikwinya among other MPs in ensuring that the…
HARARE – The Zimbabwe Music Awards (Zima) awards are back after a seven-year hiatus. There is every reason for celebration by those who follow music and musicians themselves. Curiously, the released Zima nominees have generated debate due to the fact that they are largely dominated by unheralded artistes. The case in point is the relatively…
HARARE – Among the South African journalists of the pioneering Drum magazine I admired the most was Lewis Nkosi, one of whose most popular books was Home And Exile. But he also wrote a novel, Mating Birds, which featured a love affair between a white woman and a black man in apartheid South Africa. It…
HARARE – On September 1, 2014, the Daily News, reporting on the aftermath of President Robert Mugabe’s State visit to China under the headline,’ Mugabe returns from China with signatures’, reduced the presidential trip to a “begging trip” that had only secured “… secretive agreements and signatures but with no cash to revive an economy…
HARARE – Today we carry an interview with outspoken former Member of Parliament Margaret Dongo averring that President Robert Mugabe is using the famed “divide-and-rule” tactic to consolidate his grip on his party. As stated by Dongo, if true, Mugabe is nursing something that will haunt him one day. And we totally agree with her….
HARARE – Since the turn of the millennium when the Zanu PF-led government embarked on a chaotic and controversial land reform programme to address the land imbalance, the country has continued to suffer from with hunger. It’s a public secret that the land reform programme led to the collapse of Zimbabwe’s commercial agriculture, turning what…
HARARE – Zanu PF’s factional fights have taken their toll on the country’s economy that needs serious and urgent attention. While Zimbabwe is reeling in poverty the ruling party’s factional fights seem to have diverted all the attention from the economy. Zanu PF’s fights are likely to hog the limelight until after the party’s December…
