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Market Commentary 18 May 2018

The All Share index closed the week higher at 104.80 after adding 0.02 points (0.02%).  OLD MUTUAL (OML.zw) extended its gains by $0.1045 to trade at $7.8060, RIOZIM (RIOZ.zw) was up by $0.0086 t...

By zse | Published: 18 May 2018

POLITICS

Why Mugabe's Sekeramayi project failed

FORMER president Robert Mugabe's project to appoint former defence minister Sydney Sekeramayi as his successor failed due to an array of reasons: his lack of gravitas, weak support from the deposed ve...

By Staff reporter | Published: 18 May 2018

OPINION

Chamisa survives frenzied London propaganda storm

MDC-T leader Nelson Chamisa must be celebrating. For months now, Zanu-PF and its attack dogs have virtually ignored Chamisa until he gained the irresistible political momentum. It was so bad that the ...

By Staff reporter | Published: 18 May 2018

POLITICS

Zanu-PF losing candidates expose party rigging tricks

ASPIRING Zanu-PF candidates who lost in the ruling party's recent primary elections in Shurugwi South have spilled the beans, accusing the winner, Edmond Mukaratigwa of using unorthodox means in the p...

By Staff reporter | Published: 18 May 2018

POLITICS

I can impregnate any woman, says Chamisa

MDC Alliance leader Mr Nelson Chamisa yesterday said he was young and could impregnate any woman to prove how energetic he was in yet another show of sexism.The misfiring MDC-T faction leader recently...

By Staff reporter | Published: 18 May 2018

POLITICS

MDC Alliance hails Zanu-PF manifesto

THE Nelson Chamisa-led opposition MDC Alliance yesterday took an unusual step and, for the first time, hailed the ruling Zanu-PF party's 2018 election manifesto, saying it "speaks to people's issues r...

By Staff reporter | Published: 18 May 2018

POLITICS

Chiwenga's in-law exposes Zanu-PF rigging

VICE-PRESIDENT Constantino Chiwenga's mother-in-law, Helga Mubaiwa, has taken Zanu-PF and its national commissar Engelbert Rugeje to court contesting her defeat in the just-ended primary elections, in...

By Staff reporter | Published: 18 May 2018

BUSINESS NEWS

'New law to drive mergers, takeovers'

National Assembly Speaker Jacob Mudenda has said the new company law currently being formulated will remove bottlenecks to mergers and takeovers.Speaking at the CEO Africa Roundtable breakfast meeting...

By Staff reporter | Published: 18 May 2018

POLITICS

Zanu-PF, MDC-T brace for busy weekend

THE 2018 election campaign goes into full gear this weekend, with the country's two main political contenders - Zanu-PF leader President Emmerson Mnangagwa and his MDC Alliance counterpart Nelson Cham...

By Staff reporter | Published: 18 May 2018

POLITICS

Civil servants demand to meet Mnangagwa

CIVIL servants have demanded an indaba with President Emmerson Mnangagwa to raise their concerns over the poor state of affairs in the public sector as well as press his administration to accede to th...

By Staff reporter | Published: 18 May 2018

POLITICS

MDC-T in fresh poll demands

POLITICAL parties participating in this year's general elections might be forced to sign a "peace pledge" in the presence of respected African personalities as a measure to "disinfect" Zimbabwe's pois...

By Staff reporter | Published: 18 May 2018

MINING & RETAIL

Mine fined $100 for violating EMA laws

PLUMTREE-Based gold mine, Gertie 15 Mine in Mpoengs, has been fined $100 for illegal possession of 70kg of cyanide, 25kg of gold treating empty carbons and 15kg of lime in violation of the Environment...

By Staff reporter | Published: 18 May 2018

OPINION

Zim is open of business, but the labour law is closed

Zimbabwe is open for business has become a common phrase in Zimbabwe. Events leading to the ushering in of the new dispensation in Zimbabwe has introduced these phrases.This mantra is not the correct ...

By Edwick Mabika | Published: 18 May 2018

POLITICS

Veritas seeks right to conduct voter education

INDEPENDENT parliamentary watchdog, Veritas, has approached the High Court challenging part of the Electoral Act which gives the Zimbabwe Electoral Commission (Zec) and political parties the sole righ...

By Staff reporter | Published: 18 May 2018

OPINION

Government handling of fuel crisis shambolic

The past few days have been characterised by fuel shortages, which the government should deal with urgently.The government should have foreseen the possibility of fuel shortages and done everything in...

By Staff reporter | Published: 18 May 2018

POLITICS

Mohadi challenges political parties

VICE-PRESIDENT Kembo Mohadi has challenged political parties participating in this year's general elections to campaign peacefully to ensure free, fair and credible polls.Addressing a 2018 harmonised ...

By Staff reporter | Published: 18 May 2018

Mnangagwa endorses $5,2bn coal-to-liquid project

PRESIDENT Emmerson Mnangagwa yesterday endorsed a $5,2 billion coal-to-liquid project deal signed between Verify Engineering and South Africa's Nkosikhona Holdings.The joint venture will see a coal to...

By Staff reporter | Published: 18 May 2018

POLITICS

MDC-T primary elections start

ADVOCATE Nelson Chamisa's MDC-T is today up to Monday expected to hold primary elections in constituencies where its candidates failed to reach consensus.The party threatened to disqualify some of its...

By Staff reporter | Published: 18 May 2018

POLITICS

Bulawayo Mayor to seek re-election

BULAWAYO Mayor Alderman Martin Moyo says he will seek a second term in office although he faces stiff competition from aspiring candidates from his party, MDC-T.In an interview after his valedictory m...

By Staff reporter | Published: 18 May 2018

BUSINESS NEWS

Gweru unveils $40m intercity transport hub plan

GWERU City Council has unveiled a plan to construct a modern intercity transport hub at an estimated cost of $40 million.The local authority would soon be calling for expressions of interests from pot...

By Staff reporter | Published: 18 May 2018

LANDS & AGRICULTURE

Poultry industry on high alert

The poultry industry is on high alert, following reports of an outbreak of Avian Influenza (AI) in North West Province, South Africa.The Department of Veterinary Services and the Zimbabwe Poultry Asso...

By Staff reporter | Published: 18 May 2018

BUSINESS NEWS

UK-Zimbabwe relations warming up

The United Kingdom's (UK) move to extend a $100m loan facility to Zimbabwe is a clear testimony that the former colonial master is warming up to the country and working on ending strained relations th...

By Staff reporter | Published: 18 May 2018

POLITICS

Mudzuri slams imposition of 'rich strangers' in MDC-T

MDC-T deputy president Engineer Elias Mudzuri yesterday confirmed the chaos rocking the party's process to select representatives ahead of national elections, alleging imposition of "rich strangers" a...

By Staff reporter | Published: 18 May 2018

TRANSPORT & TOURISM

NSSA to re-open Beitbridge hotel

THE National Social Security Authority (NSSA) has identified a new company that will re-open its $39 million hotel in Beitbridge by July this year after it closed the facility in May 2016.The 136-room...

By Staff reporter | Published: 18 May 2018

MINING & RETAIL

Zisco debt Bill awaits Mnangagwa's greenlight

THE $500 million Zisco Debt Assumption Bill now awaits Presidential assent after it sailed through third reading in the Upper House with legal documentation on the debt schedule being finalised.A bill...

By Staff reporter | Published: 18 May 2018

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