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CEO blasts corruption

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…

Council okays Anjin hotel project

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…

Defaulters drain govt loans

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…

Relocation at Chiadzwa hits snag

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…

AirZim guns for A380

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…

When new technologies scare govts

WHEN Minister of State for State Security in the President’s Office, Sydney Sekeramayi, said new technology and the continued discovery of strategic mineral resources were posing far-reaching political, economic and security challenges to the African continent, it was evident the old guard within African governments were not comfortable…

Pressure to declare Byo water crisis a disaster

BULAWAYO — Council has ratcheted up pressure on government to declare the water crisis in Zimbabwe’s second largest city a national disaster, close to a year after the municipality started a water rationing programme.Bulawayo, which falls in a low rainfall region, has perennially grappled with water shortages.City fathers…

Made, Dzinotyiwei clash

THE ministers of Agriculture and Science have clashed over the contentious use of Genetically Modified Foods (GMOs).Agriculture Mechanisation and Irrigation Development Minister Joseph Made has ruled out the lifting of a ban on GMOs even though they could help ensure food sufficiency.There has been pressure on government to…