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Zanu PF’s G40 pain continuing… as party claims faction plans to unseat ED

Blessings Mashaya and Mugove Tafirenyika ZANU PF leaders’ mistrust of the Generation 40 (G40) faction remains as strong as it was four years ago, with the party claiming that it has unearthed a plot by the group to overthrow President Emmerson Mnangagwa In addition to allegedly seeking to oust Mnangagwa from power ahead of the…

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ED under spotlight… Zimbos demand action against price hikes

A LARGE cross-section of hard-pressed Zimbabweans is urging President Emmerson Mnangagwa and his government to maintain policies that had brought about price stability when he delivers his State of the Nation Address (Sona) this afternoon before the august House.     Speaking to the Daily News, consumers, workers and industry said it was critical for the government…

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ED offers land for Varun’s expansion

PRESIDENT Emmerson Mnangagwa yesterday agreed to provide more land to Varun Beverages Zimbabwe to help the company’s expansion drive which will create more jobs for locals.  Mnangagwa made the remarks while officially commissioning the beverages giant’s new additional plant which will increase Varun’s bottled water and cordials production capacity.  The seventh production plant at the…

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President’s son loses US$67K in vehicle deal

A HARARE man has been nabbed on allegations of swindling President Emmerson Mnangagwa’s son, Sakhile, of over US$60 000 in a botched vehicle supply deal.  Farai Chitagu, a manager at Monicho Investments, was not asked to plead to allegations of theft of trust property when he appeared before Harare magistrate Denis Mangosi yesterday.  Chitagu was…

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Mangudya to launch venture capital fund for SMEs

PUNDUTSO Capital, a venture capital company with a mandate to assist start-up companies and small businesses owned by young people, will be officially launched by Reserve Bank of Zimbabwe governor John Mangudya, during the CEO Roundtable 2021, which will run in Victoria Falls from October 27 to 29.  Addressing the media in Harare yesterday, CEO…

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MDC commotion plumbs new lows… as more MPs, councillors face the chop

THE chaos ravaging the country’s opposition has plumbed new lows, with the MDC set to recall a further seven of its legislators from Parliament and dozens of councillors around the country. Among those targeted for the dreaded chop in the latest instalment of the senseless bloodletting gutting the country’s main opposition are Zengeza West MP…

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Government allows bars to reopen

THE government has further relaxed national Covid-19 prevention measures by allowing licensed bars and nightclubs to open for vaccinated revellers, albeit at the same time extending the Level 2 lockdown regulations by a further two weeks. Addressing a post-Cabinet media briefing in Harare yesterday, Information minister Monica Mutsvangwa said the government had taken note of…

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47 more blacklisted for forex abuse

THE Reserve Bank of Zimbabwe (RBZ) has continued its blitz on alleged parallel market currency manipulators by blacklisting 47 more individuals it claimed are responsible for the spike in black market rates.  This comes as last week RBZ governor, John Mangudya announced that the central bank’s Financial Intelligence Unit (FIU) had identified 30 individuals accused…

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Reprieve for ex-minister Chombo

FORMER Cabinet minister Ignatius Chombo, pictured, who is accused of fleecing home seekers in land deals, has been removed from remand after the State failed to bring him to trial. Harare regional magistrate Stanford Mambanje yesterday said  the State would have to issue summons to Chombo whenever they are ready to proceed to trial on fraud…

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Dexter Nduna wins Chegutu seat wrangle

THE Constitutional Court (ConCourt) has upheld the Supreme Court ruling confirming Zanu PF member Dexter Nduna as the duly-elected legislator for Chegutu West constituency in the 2018 elections. This comes after MDC parliamentary candidate Gift Konjana challenged the Zimbabwe Electoral Commission (Zec)’s declaration of Nduna as the winner. However, Con-Court judges Paddington Garwe, Anne Mary…

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