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British firm to invest in Zim banks

A BRITISH firm is considering investing in Zimbabwe’s troubled financial sector, which has seen several banks collapsing over the past few years, a British diplomat revealed last week. Britain’s...

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Hunyani forecasts improved performance

HUNYANI Holdings is forecasting an improved performance during the second half of the year after a restructuring exercise which is expected to be completed by June this year. The restructuring will...

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Mangudya has a job to do

The appointment of John Mangudya, the current chief executive officer of banking group CBZ Holdings, as governor of the Reserve Bank of Zimbabwe (RBZ) with effect from next month should surely have...

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This is a disaster!

The rot in our body politic is manifest in other facets of our lives. We may not want to care about the goings on at the Zimbabwe Football Association (ZIFA) House but the decisions or lack of...

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No one will say I did not warn them — Mangoma

BARELY three months ago, he was a deputy treasurer-general, whom many thought was mild, malleable and agreeable to Morgan Tsvangirai’s leadership of the Movement for Democratic Change (MDC-T). Today,...

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Muchechetere’s five-star treatment raises eyebrows

SUSPENDED Zimbabwe Broadcasting Corporation (ZBC) chief executive officer, Happyson Muchechetere, must count himself lucky judging by the way his court appearance was handled. Muchechetere was recently...

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Govt unlikely to repay New ZimSteel loans

GOVERNMENT may not be able to meet its obligation to settle New ZimSteel’s domestic debt which it agreed to repay as part of the conditions to resuscitate operations at the steel manufacturer, a...

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Pressure piles on government

PRESSURE is piling on ZANU-PF to tackle a cocktail of economic challenges that threaten to bring business operations and the economy to a halt. After a landslide victory in the July 31, 2013 harmonised...

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Minister defies cabinet

MINES and Mining Development Minister, Walter Chidhakwa has defied a Cabinet resolution barring permanent secretaries from sitting on the boards of parastatals. Chidhakwa recently appointed new boards...

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Hwange on brink of judicial management

TYCOON Nicholas van Hoogstraten (pictured) has written to the embattled Hwange Colliery Company Limited demanding an extraordinary general meeting (EGM) where he will fight to axe the board and top...

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. . . Chamisa fingered in Mangoma violence

AS the internal turmoil continues to rage on in the Movement for Democratic Change (MDC-T), national organising secretary, Nelson Chamisa, has been implicated in the violence unleashed on the party’s...

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Mangoma to lead MDC-T?

THE leadership renewal debate reverberating within the troubled Movement for Democratic Change (MDC-T) has taken another peculiar twist with suspended deputy treasurer-general Elton Mangoma declaring...

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Dating the king at the escarpment

I DECIDED to head north two weeks ago. Having exhausted my appetite for energy- sapping adventures through the rambling waters of the Zambezi, both through the authoritative river channel to the west...

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The story of Obama fictionalised

Writing a book of fiction based on a living character is no easy undertaking. Barack Obama, President of the United States, is an even more complex choice for fictional treatment. But local author,...

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Govt accrues massive power debt

GOVERNMENT has accrued over US$114 million in interest on its Federation-era debt to Zambia inherited after the taking over of power generation assets that had been shared between the two countries,...

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Father’s shoes too big for Zvobgo Jnr

MASVINGO — Eddison Zvobgo Jnr seems to be finding it difficult to retrace his father’s political footsteps. If recent developments are anything to go by, it would appear that the late maverick...

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Opposition parties in disarray

RUCTIONS within opposition political parties in Zimbabwe have shaken the confidence of those eager to see change in the manner the country’s affairs are governed. The country’s main opposition...

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Zim’s US coins deal collapses

ZIMBABWE’S plans to import coins from the United States to alleviate the shortage of coins for small denomination change has collapsed, meaning the country will continue to depend on South African rand...

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UK, US embroiled in MDC-T succession battle

WASHINGTON and Number 10 Downing Street are said to be at odds over who should take over from Movement for Democratic Change (MDC-T) leader Morgan Tsvangirai as the leadership renewal agenda gains...

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MDC-T returnees to face disciplinary action

THE Movement for Democratic Change (MDC-T) this week said it will subject some of the returning members who were either expelled or left the party on their own volition to disciplinary hearings, the...

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