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January 14, 2019 10:25 AM Patrick Zhuwao: Open Letter to Emmerson Mnangagwa…. You are being thrown under the bus.. Accept it quietly

This open letter to you, Dambudzo Emmerson Mnangagwa, is to advise you to accept that the nation comes first and that you need to realise that your colleagues are throwing you under the bus because they are embarrassed by how your ineptitude is increasing the people’s suffering. I outline salient features of how those who refer to themselves as “vene vacho 673

January 14, 2019 9:48 AM Masiyiwa’s fortune rises to US$2.3bn

Buffeted by plunging stock prices and weaker currencies, the number of African billionaires has shrunk to just 20, down from 23 a year ago. Four people fell off Forbes’ annual list of the continent’s richest since last year while one returned to the ranks after a four-year absence. All but four members of the list have smaller fortunes than a year ago. For the eighth 593

January 13, 2019 3:37 PM MDC meets over economic crisis

The Nelson Chamisa-led MDC will this week meet to discuss the way forward on how to put more pressure on President Emmerson Mnangagwa to solve the current economic crisis. MDC spokesperson Jacob Mafume told the Daily News on Sunday yesterday that Chamisa will deliver an address on the current economic situation and this will be followed by two crucial 594

January 12, 2019 4:46 PM Ex-minister pushes for Zimdollar

Former deputy Finance minister Terence Mukupe, said without reintroducing local currency and having a serious reengagement with the United States of America (USA) the country will continue to suffer. Posting on his Twitter account, Mukupe said the authorities must make bold decisions to take the country out of this crisis. “With the twin deficit we have…. Our situation 566

January 12, 2019 3:27 PM First Gweru private cemetery opens

A Gweru-based land developer has opened the city’s first private cemetery.Destiny Memorial Park, with 50 000 graves, is located along the Gweru-Chiwundura road in a new suburb called Northern Heights and has a life span of over 60 years according to one of its directors Mr Runyararo Muzondo. With most cemeteries in Gweru notably Mtapa close to the central 548

January 11, 2019 6:26 PM ZSE Top Ten Index swings into the black

The Zimbabwe Stock Exchange (ZSE) swung back into the black in the mid-week session after its top ten index put on a marginal 0,07 percent to close at 140,96 points, following a weak start to the second week of 2019. After opening the new year in losses as three of the benchmark indices took a knock, losses on the bourse recorded by Econet and Innscor 524

January 11, 2019 6:19 AM Ailing Kasukuwere gets passport back

Former Cabinet minister Saviour Kasukuwere was yesterday given back his passport to enable him to travel to South Africa for treatment. He will have the passport until January 16. This was after regional magistrate Mr Hoseah Mujaya granted the former minister’s application for the release of the passport. Representing the State, Mr Zivanai Macharaga 391

January 10, 2019 5:28 AM Grand fuel heist in Zimbabwe?

Zimbabwe consumed almost 480 million more litres of petrol and diesel in six months between June and November last year than in the same period in 2017, a gargantuan 77 percent extra, at an additional foreign currency cost of more than US$200 million. Figures released by the Ministry of Energy and Power Development show that consumption of diesel and petrol 376

January 9, 2019 4:40 PM Fuel price goes down

Fuel prices have slightly gone down despite persistent shortages being experienced throughout the country. Diesel was previously $1,34 per litre and is now at $1,25 while petrol which was $1,38 now costs $1,32 per litre. The free on board (FOB) charge for diesel is 0,5434 per litre while petrol is 0,4726. In a statement the Zimbabwe Energy Regulatory 386

January 9, 2019 10:40 AM Fired MSU security guards engage minister

Four Midlands State University security guards who won a court case against their employer for unlawful dismissal have approached the office of the Minister of State for Midlands Provincial Affairs Larry Mavima seeking recourse. The quartet of Doubt Chivi, Farai Chidonhi, Ndakaziva Dombo and Rueben Musengeyi, who were part of the university’s Campus 369