Zimbabwe is choking under mounting international debt as it begins to pay the price for borrowing heavily from China for infrastructure projects at the tail end of Robert Mugabe’s rule. Beijing funded the expansion of Victoria Falls International Airport and that of the southern African country’s main source of electricity, …
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By Daniel Kachere News Editor Outspoken Norton legislator Temba Mliswa has warned the Nelson Chamisa led Citizens Coalition for Change (CCC) to learn from mistakes made by the Second Republic if they are to succeed in their political ambitions. This follows recent criticism from the political divide fuelled by self-exiled …
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Zimbabwe’s unemployment rate now stands at 19% basing on the strictest definition of employment, Zimbabwe National Statistics Agency (ZIMSTAT) has reported. The details, contained in the agency’s Quarterly Labour Force Survey for the first three months, showed the country’s unemployment rate is relatively lower. ZIMSTAT’s definition of employed people includes …
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A court bid to stop the transfer of 100 hectares of land in Harare to a company owned by property tycoon Kenneth Raydon Sharpe has failed after the High Court said the challenge was filed out of time. Justice David Mangota said the legal challenge brought by the Zimbabwe Homeless …
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The problems at the huge Hwange Power Station and the small Harare station have been corrected, while negotiations are ongoing for the importation of more electricity as a short-term measure to lessen the impact of power outages while the country waits for the results of medium to long-term projects. Energy …
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Zimbabwe has reduced the price of petrol by 0,3% to ZW$675,35 per litre as the country battles to ease the cost of living for citizens. A recent update by the Zimbabwe Energy Regulatory Authority (ZERA) shows that diesel will also be sold at Z$714,45 per litre from Z$714.91. The developments …
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Bikita Rural District Council (BRDC) has been caught in a corruption storm in which officials registered in their personal names vehicles worth US$380 000 bought by the local authority, a report has revealed. The council bought six Toyota GD6 trucks for its managers at an estimated cost of US$40 000 …
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Political analysts have described the recent appointment of legislators to serve as opposition Citizens Coalition for Change (CCC) spokespersons in Parliament as evidence that the party needs to urgently come up with formal structures to avoid apparent communication distortions in the party. On Saturday during a Twitter broadcast, interim party …
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President Emmerson Mnangagwa is fighting for his political life ahead of a Zanu PF congress slated for October, according to political analyst Ibbo Mandaza. Mandaza believes the Zanu PF leader, 79, could be ousted through “political manoeuvring” rather than a military coup as happened to his predecessor, Robert Mugabe, in …
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Individuals and institutional buyers of Reserve Bank of Zimbabwe (RBZ’s) gold coins will be required to hold them for at least 180 days before selling while exporters earning less than a million US dollars will be allowed to use the surrender portion of their receipts to purchase the coins in …
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