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Columns & Comment

MDCs reject Cabinet posts

But insiders in the divided MDC claimed ZANU-PF was marking time to convince members of the Arthur Mutambara formation to join forces with it in forming a unity government after the convening of Parliament if Morgan Tsvangirai continued dragging his feet about signing an agreement.They claimed the plan…

Last chance for deal?

Nujoma had a private discussion with President Mugabe in Harare last Saturday ahead of the Southern African Develop-ment Community (SADC) extraordinary summit scheduled for Pretoria on Sunday.Diplomatic sources said the President is likely to get support from Mozambique, Swaziland, Angola, Lesotho, Malawi and Namibia while South Africa, Tanzania,…

Business Council of Zimbabwe

The negotiations between the two MDCs and ZANU-PF stalled in September over the allocation of ministries, chief among them being the Ministry of Home Affairs. The impasse, which has been taken to the Southern African Deve-lopment Community, has dampened investor confidence while heightening speculative practices on the market,…

BNC battles to stay afloat

 “The cash flow of Bindura Nickel Corporation (BNC) in recent months has been affected negatively by a number of factors, including declining nickel prices, low production levels, unfavourable exchange rates and periodic power blackouts,” said the miner in a statement. “The exchange rate policy ultimately cripples the company’s…