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‘Abandon Forex Auction’

Captains of industry this week pressured the Reserve Bank of Zimbabwe (RBZ) governor, John Mangudya to consider abandoning the ‘inefficient’ Dutch foreign currency auction system or do an overhaul of the system. Local businesses also suggested the return of the interbank system to allocate foreign currency in the economy. The …

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DJs Fantan, Levels To Pay Fine

The High Court has been reduced the 12-month jail term of three popular music promoters Arnold Kamudyariwa (DJ Fantan) Tafadzwa Kadzimwe (DJ Levels) and Damma, born Simbarashe Chanachimwe. Their sentence has been reduced to three months with an option to pay a $2 000 fine each coupled with conditions of …

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‘That Is The Work Of Zanu PF’: Chamisa Speaks Out

“…So, am I now not allowed to travel to any part of the country?“ MDC Alliance leader Nelson Chamisa is absolutely convinced that Zanu PF was responsible for the violent attacks on his convoy and advance team yesterday during their visit to Masvingo. “That is the work of Zanu PF. …

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ZANU PF National People’s Conference Preps Done: Kazembe

Preparations for ZANU PF’s 20th national people’s conference slated for Mashonaland Central province in Bindura are now complete and the province is ready to host the event, Nhau has learnt. The conference which will run from October,  25-31 comes in the wake of factional fights that have dogged the party …

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Mnangagwa Shifts Foreign Policy Thrust

…“friend to all, and enemy to none”… Deepening ties with all nations including those that once ostracised Zimbabwe is at the heart of President Mnangagwa’s foreign policy thrust. As the President bid farewell to two Ambassadors-designate to the Western world yesterday, he impressed on them to take the message of …

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RBZ Summons Businesses Over Price Madness

Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya yesterday said his meeting with business this morning is not a witchhunt, but an effort by authorities to grasp the root cause of the prevailing pricing madness. The all-stakeholder forum to be attended by representatives of retailers, producers, wholesalers and everyone …

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Mau Mau’s Muziri Aims For African Title

By Gilbert Munetsi National heavyweight boxing champion Vincent Muziri yesterday left for Dar es Salaam where he will fight Congo Brazaville’s Arda Ndembo for the African Boxing Union (ABU) Southern region title. Their main drawcard bout, dubbed “Rising Stars” and promoted by Global Boxing Stars, will take place at the …

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Mnangagwa Sticks To 7,8pc Growth, Defies Crisis

President Emmerson Mnangagwa yesterday stuck with the 7,8% growth projection announced by the Ministry of Finance in July, as he opened the fourth session of the ninth parliament, defying recent inflation surges and volatile black market foreign currency exchange rates. Mnangagwa said he will sign 42 Bills into law during …

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