HARARE – Government will soon inject $15 million into the resuscitation of Shabanie Mashaba Mines (SMM), Mines and Mining Development minister Walter Chidakwa has said. This comes after government secured asbestos markets in Russia and Kazakhstan. Chidakwa told the Senate on Thursday a government delegation had also secured a new market in India for the supply…
HARARE – Zimbabwe’s economy is growing, despite the myriad problems — including a deepening cash crisis — dogging the country, Vice President Emmerson Mnangagwa told the National Assembly on Wednesday. He said the growth is driven by a better than expected agriculture season and a boost in mining activity. “The growth of the economy is…
BULAWAYO – Former Industry minister Nkosana Moyo has hinted at challenging President Robert Mugabe in the forthcoming 2018 election, as an independent candidate. The former banker — famed for publicly speaking out against attacks on businesses and factories by war veterans and later uncharacteristically resigning from Mugabe’s Cabinet about a year after his appointment —…
HARARE – President Robert Mugabe — like the majority of Zimbabweans who told pollsters that they fear criticising him — is also scared of the future, former Finance minister Simba Makoni has said. This comes after the Mass Public Opinion Institute (Mpoi) revealed in its latest survey that 62 percent of Zimbabweans are not free…
HARARE – Zimbabwe’s general elections must be held by August 21 2018, when the national legislative assembly’s five-year term expires, according to the new Constitution. Section 158 of the new Constitution states that “a general election must be held so that polling takes place not more than . . . 30 days before the expiry…
HARARE – Zimbabwe’s escalating crises point to disaster, with a majority of the long-suffering masses saying the country’s economy is now in a “very bad” state, analysts have warned. They said the lurching from one crisis to another proves that authorities could “play tricks with politics, but no tricks work when it comes to the…
HARARE – In a move that has been roundly criticised by the opposition as “2018 bribes”, President Robert Mugabe’s stone-broke government is to splurge millions of scarce United States dollars on new vehicles for traditional leaders. This comes as Zimbabwe has just been officially ranked as the poorest country in Africa, at a time that the…
HARARE – Former Presidential Affairs minister Didymus Mutasa says the country’s security chiefs have no issues with opposition leader Morgan Tsvangirai, and will readily accept him if he wins next year’s eagerly-anticipated national elections. Speaking to the Daily News yesterday, amid lingering citizen anxiety that securocrats will once again intervene in the country’s politics next…
HARARE – Legislators on Tuesday slammed Vice President Phelekezela Mphoko for bunking the National Assembly during the second reading of the National Peace and Reconciliation Commission (NPRC) Bill. This was after Local Government minister Saviour Kasukuwere delivered the second reading speech explaining the NPRC Bill on behalf of Mphoko. The debate was forced to adjourn…
HARARE – Zimbabwe Consolidated Diamond Company (ZCDC) directors — including Mines ministry permanent secretary Francis Gudyanga — face prosecution after the firm defied a court order barring it from looting Grandwell Holdings’ (Grandwell) diamond ore in Chiadzwa. Grandwell, which holds a 50 percent stake in Mbada Diamonds (Mbada), was granted the order by the High…
