By Brandon Josphat josphatbl@dailynews.co.zw PRESIDENT Emmerson Mnangagwa says the country hit the right chord by introducing the new structured currency, Zimbabwe Gold (ZiG), as the previous currency was eroded by inflation. Speaking during the Zanu PF national consultative assembly in Harare yesterday, Mnangagwa hailed the populace for accepting the new currency which has remained relatively…
By Rutendo Ngara ZIMBABWE Anti-Corruption Commission (Zacc) investigating officer Gamuchirai Zimunhu in businessmen Mike Chimombe and Moses Mpofu’s alleged fraud case says granting the duo bail will trigger public protests. Mpofu and Chimombe, whose Blackdeck Company is said to have only one employee, are facing US$7 million fraud charges emanating from an allegedly botched presidential…
STANBIC Bank’s Rise Above Incubator Programme for Small to Medium Enterprises (SMEs) has come full circle with three start-ups poised to receive business loans of varying amounts after coming up tops during the three-month exercise. The three were part of a group of owners of 15 SMEs drawn from various sectors of the economy who…
VICTORIA Falls Stock Exchange (VFEX)-listed diversified manufacturing firm Zimplow Holdings has made a remarkable comeback after the cessation of the Cat distributorship, successfully establishing new distributorships and solidifying its position as a leading equipment distributor. The company has established new distributorships and solidified its position as a leading equipment distributor. Through its subsidiary, Tractive Power…
Sharmaine ChirimujiriSTAFF WRITERchirimujiris@dailynews.co.zw AUTHORITIES are escalating their investigations into the disturbing security breaches this week at the Harare home of the deputy minister of Finance, David Kudakwashe Mnangagwa. Speaking last night on independent national television station 3Ktv’s widely-followed news and current affairs programme, Vantage, national police spokesperson Paul Nyathi said law enforcement agents were “seized…
TRADITIONAL leaders will gather in Bulawayo this weekend, as authorities ramp up their efforts to bring finality to the emotive Gukurahundi turmoil of the 1980s. The president of the Chiefs’ Council, Mtshane Khumalo, confirmed to the Daily News yesterday that they were stepping up their preparations for the keenly-awaited Gukurahundi outreach programme next month. Khumalo…
BY RUTENDO NGARA HARARE businessmen Mike Chimombe and Moses Mpofu spent another night in custody after magistrate Marehwanazvo Gofa rolled over their bail application continuation to today. Chimombe, 43, and Mpofu, 49, are facing US$7 million fraud charges involving the presidential pass-on goat scheme following their arrest on Wednesday by the Zimbabwe Anti-Corruption Commission (Zacc)….
PRESIDENT Emmerson Mnangagwa has implored party structures to guard against people who want to manipulate the ongoing Zanu PF restructuring programme. This comes barely 48 hours after Mnangagwa called on war veterans who are squabbling over the holding of the Zimbabwe National Liberation War Veterans Association (ZNLWVA) congress to close ranks for the good of…
BY RUTENDO NGARA CITIZENS Coalition for Change (CCC) activists yesterday demonstrated at the Harare Magistrates’ Courts after 78 party members were denied bail by magistrate Ruth Moyo. The accused were arrested two weeks ago in Avondale, Harare, and are facing charges of allegedly participating in an unsanctioned gathering and also for disorderly conduct. Moyo passed…
PRESIDENT Emmerson Mnangagwa yesterday read the riot act to keyed up war veterans who have been toyitoying over their delayed elective congress. Addressing a Zanu PF politburo meeting in Harare, Mnangagwa ordered the restless former freedom fighters to cease their agitation immediately, saying this was not good for both the ruling party and the country….

