April 22, 2024
CHINESE miners have come under spotlight for being a law unto themselves by entering into illegal mining deals that also flout the country’s indigenisation laws.A report presented to the House of Assembly by ZANU-PF Guruve South lawmaker, Edward Chindori-Chininga days before his death last week accused the Chinese…
THE Ndebele say intaba yadilika (the mountain has fallen), while the Shona say gomo riya rakoromoka.That is how all those who yearn for transparency in the utilisation of the country’s mineral wealth felt upon hearing that Edward Chindori-Chininga had been silenced by the sting of death last Tuesday.In…
JUSTICE and Legal Affairs Minister Patrick Chinamasa on Tuesday dared the Southern African Development Community (SADC) by filing an ordinary court application in the Constitutional Court that distances President Robert Mugabe’s party from the action, setting another stage for conflict between ZANU-PF and the regional bloc.At its summit…
CONFEDERATION of Zimbabwe Industries (CZI) president Kumbirai Katsande (KK) will not offer himself for re-election when the industrial group holds its annual congress in Bulawayo in next month. Katsande, known for his frankness in tackling business and economic issues, spoke to The Financial Gazette’s Business Reporter Paul Nyakazeya…
CORRUPTION has shattered Zimbabwe’s private and public sector’s moral fabric, the chief executive officer of the Deposit Protection Corporation, John Chikura, has said.Chikura is of the view that society threw out the window many years ago the values of ethical conduct in preference of what is being referred…
MUTARE — Council has finally agreed to the handover Meikles Park land to Anjin Investments for the construction of a 14 storey hotel and shopping mall, more than two years after the deal was mooted.In terms of the agreement, the city fathers will handover Meikles Park situated between…
A HIGH percentage of youths issued with empowerment loans have defaulted on repayments, bringing into question the sustainability of the programme.Youth Development, Indigenisation and Economic Empowerment Minister Saviour Kasukuwere told the House of Assembly last week that the defaults were a result of lack of relevant skills to…
MUTARE — Government has run out of land to relocate families from the Chiadzwa diamond fields.Families affected by mining activities in Chiadzwa were being relocated to Arda Transau, a government-owned farm in Odzi.But the farm is no longer able to absorb all the affected households, putting pressure on…
Beleaguered national airline, Air Zimbabwe (AirZim), which is scheming a resurgence after its fleet was grounded for over a year due to aviation concerns, has opened talks with an unidentified party for delivery of an Airbus 380 (A380), The Financial Gazette’s Companies & Markets (C&M) established this week.The…
TABITHA Mutenga, a journalist with The Financial Gazette posed the following question to me recently: Is Zimbabwe no longer a wheat growing nation as we now rely more on imports than growing the crop? Quite frankly, Zimbabwe does not have a comparative advantage in the growing of the…
