HARARE – Running battles are expected in Harare’s Central Business District as government seeks to drive away vendors from the city centre, citing health issues following the outbreak of cholera, which has left 25 people dead. The government is seeking to drive away vendors from the streets today, while the vendors themselves argue that the…
HARARE – The bond note has continued to lose ground on the black market, with rates reaching a staggering 100 percent to the United State dollar yesterday. Last week, the bond was trading below 90 percent on the parallel market although it continues to trade at par with the greenback on the official market. The…
HARARE – Theft and vandalism of electricity infrastructure is contributing to unplanned electricity outages, the Zimbabwe Electricity Transmission and Distribution Company (ZETDC) said in a statement. ZETDC — a subsidiary of Zesa Holdings — said there has been an increase in faults due to theft and vandalism of electrical infrastructure, leading to frequent and long…
HARARE – Former first lady Grace Mugabe’s sister, Shuvayi Gumbochuma, was dragged to court yesterday on allegations of fraudulently processing the sale of State land before paying for it. She appeared before Harare provincial magistrate Elisha Singano and was released on $500 bail with conditions to continue residing at her current address, not to interfere…
BULAWAYO – The construction of the $60 million Egodini Mall in Bulawayo has suffered notable delays, raising questions on whether the contractor would be able to beat a set 15-month deadline. The hyped Egodini Mall is being implemented by South Africa-based civil engineering company Tearracotta Construction (Private) Limited. Tearracotta won the tender to develop the…
HARARE – President Emmerson Mnangagwa has pledged to institute provincial councils sooner rather than later in line with the provisions of the country’s Constitution as well as his government’s thrust on devolution of power. He said this as he delivered his keynote address while commissioning the Hopeville Housing Project and a tomato processing plant in…
BULAWAYO – Former Water minister Samuel Sipepa Nkomo, who recently resigned from politics, has revealed how he painfully regrets dumping the MDC then led by the late Morgan Tsvangirai for a splinter party led by Tendai Biti. Nkomo was one of the 21 MPs recalled from Parliament in March 2015 after they formed their own…
HARARE – Zimbabwe’s cash-strapped government is seeking at least $75 million to purchase maize from farmers for the 2018 season. Yesterday, the Agricultural Marketing Authority (Ama) whose aim is to raise financial resources for the agricultural sector through various instruments said it is planning to issue Ama Bills of up to $75 million. Ama Bills…
HARARE – At least six milling companies have suspended operations following government’s failure to timeously pay for wheat currently held up in Mozambique, adversely affecting bread production in the country, Grain Millers Association of Zimbabwe (GMAZ) chairperson Tafadzwa Musarara has said. The six companies are Victoria Foods, Uni Foods, Wheat Star, Power Foods, Falcon Foods…
HARARE – Treasury is set to splash over $20 million on top of the range vehicles for Members of Parliament and Senators in the ninth Parliament. This is at a time when government is struggling to mobilise resources to contain a cholera outbreak that has since been declared a national disaster. [Adz] [GoogleAd]
