HARARE – Zimbabwe’s months-long foreign currency crisis yesterday forced Steward Bank to suspend its MasterCard payment solution, with customers wishing to use the service now required to pre-fund their accounts with cash. This comes as Zimbabwe’s leading banks are suspending automatic use of debit cards outside the country due to increasingly scarce foreign currency. In…
HARARE – The MDC is pushing for Parliament confirmation hearings for Cabinet appointees to help uncover flaws in the executive nominees. Kuwadzana East MDC MP Nelson Chamisa suggested that Parliament must probe the Cabinet nominees to expose their ethical, financial or legal lapses ahead of any reshuffle. Chamisa told the National Assembly: “Is it possible…
HARARE – Zimbabwe needs to implement comprehensive and bold economic reforms and get rid of corruption for the economy to get back on track, United States ambassador to Zimbabwe Harry Thomas Junior has said. He spoke as the economy is imploding, blighted by critical foreign currency shortages and the central bank has issued “bond notes,”…
HARARE – MDC leader Morgan Tsvangirai returned home yesterday after spending nearly a month in South Africa where he has been receiving treatment on a yet to be disclosed ailment. The former prime minister has publicly disclosed that he is suffering from cancer of the colon and has been going to South Africa for routine…
HARARE – Vice President Emmerson Mnangagwa says President Robert Mugabe has no reason to ever fear a coup against him — blaming Higher Education minister Jonathan Moyo for raising false alarms in his alleged desperate bid to destabilise the country’s security sector. Well-placed sources told the Daily News yesterday that this was contained in Mnangagwa’s…
HARARE – Vice President Emmerson Mnangagwa says President Robert Mugabe has no reason to ever fear a coup against him — blaming Higher Education minister Jonathan Moyo for raising false alarms in his alleged desperate bid to destabilise the country’s security sector. Well-placed sources told the Daily News yesterday that this was contained in Mnangagwa’s…
HARARE – Morgan Tsvangirai’s MDC has said vendors are unfortunate victims of President Robert Mugabe’s Zanu PF regime, and said they will not leave the streets until the unemployment crisis has been addressed. This comes after Mugabe complained that the streets of Harare are now very dirty because there are too many vendors. He likened…
HARARE – A ministerial taskforce set up to investigate the root cause of recent price hikes and panic buying is set to wind up its probe next week, with preliminary results revealing that government blames social media. Industry and Commerce minister Mike Bimha, who is chairing the committee, said investigations had revealed that social media…
HARARE – Under-fire Vice President Emmerson Mnangagwa and his allies apparently came out guns blazing against Higher Education minister Jonathan Moyo at Wednesday’s tense politburo meeting in Harare — presenting “hard visual and video evidence” of the latter’s alleged anti-Zanu PF shenanigans. Well-placed sources told the Daily News yesterday that the fierce assault on Moyo…
HARARE – President Robert Mugabe demoted former Finance minister Patrick Chinamasa while he was in Washington attending an annual global meeting of Finance ministers and central bankers organised by the International Monetary Fund (IMF) and World Bank. Chinamasa, who was demoted to the ministry of Cyber Security, Threat Detection and Mitigation, was recalled from the…
