Articles tagged 'zimbabwe'

ZIMRA cracksdown on rich, famous 21 November 2018 HARARE - The country's rich and famous are quaking in their boots after the Zimbabwe Revenue Authority (Zimra) launched a massive crackdown on tax evaders, as President Emmerson Mnangagwa's government clamps down on rampant corrupt activities that are weighing down the country's economy. [Adz]...
Mangudya allays inflation fears 20 November 2018 HARARE - In a bid to reassure the mining sector that inflation will remain in check, Reserve Bank of Zimbabwe governor John Mangudya yesterday said he does not expect it to go up due to sound policies and vision 2030 that the government is pursuing. This comes after Zimbabwe's October inflat...
Another night in jail for Ginimbi 20 November 2018 HARARE - Socialite and businessman Genius “Ginimbi” Kadungure has spent another night behind bars after High Court Judge Tawanda Chitapi deferred his bail ruling to today. Kadungure is being accused of prejudicing government of $3,5 million through tax evasion. Through his lawyer, Jonathan ...
Ginimbi's 'all-khaki party' 20 November 2018 HARARE - Businessman and socialite Genius “Ginimbi” Kadungure who spent the weekend in remand prison is now a subject of ridicule on social media. Famous for his expensive, flashy all-white parties meant for the “who is who”, this time around social media is suggesting he holds an “all-khaki p...
ED worry over 'gratuitous negativity' around oil find 19 November 2018 HARARE - President Emmerson Mnangagwa has blasted the “gratuitous negativity” which followed his announcement that Australia's Invictus Energy had found oil and gas deposits in the northern Muzarabani area of the country. But in a statement to the Australian Stock Exchange, Invictus poured col...
AfDB economic report showcases Zim investment opportunities 19 November 2018 HARARE - The African Development Bank (AfDB) has launched a flagship economic report highlighting investment opportunities in Zimbabwe. Titled: Building a new Zimbabwe: Targeted policies for growth and job creation, the report aims to support renewal and transformation of the country. This ...
Zim has hardly moved post-November 2017 19 November 2018 HARARE - November 2017 remains etched in the memories of many Zimbabweans as well as foreigners as a month when so much promise loomed on the horizon. This was after the fall of the once-mighty despot Robert Mugabe which also signalled the crumbling — like a deck of cards — of former first lad...
'China can assist in re-industrialisation' 19 November 2018 HARARE - China has the potential to finance Zimbabwe's re-industrialisation strategy following a significant increase in trade between the two countries, economic analysts have said. This comes as China's commercial success has been largely interpreted as the result of economic and political r...
Chamisa, govt face-off looms 18 November 2018 HARARE - A titanic clash is looming between increasingly twitchy authorities and the MDC, over the main opposition's plans to mount a massive demonstration to protest the country's falling standards of living which it blames on President Emmerson Mnangagwa and his government. This comes as the...
AG pours scorn on ministries 18 November 2018 HARARE - Ministries under President Robert Mugabe's regime blatantly violated tender procedures mostly in the purchase of motor vehicles, fuel and equipment, Auditor-General Mildred Chiri has said. This emerged in audit reports for 2017 presented in Parliament by Auditor-General Mildred Chiri....
Greed, graft major undoings for Zim 18 November 2018 HARARE - Over the years, the Zanu PF leadership has taken the country and its citizens down a bottomless pit where recovery is proving very difficult. Since independence from the British in 1980, when the country was still under one of Africa's longest ruling dictators — Robert Mugabe – Zanu...
Stony ED warns defiant Chamisa 17 November 2018 HARARE - An unmoved President Emmerson Mnangagwa yesterday insisted opposition leader Nelson Chamisa must appear before the commission of inquiry investigating the deadly August 1 shootings, which left at least six civilians dead in Harare. Mnangagwa's warning came as Chamisa had suggested o...
End sanctions on Zim, Ramaphosa tells EU 17 November 2018 HARARE - South African president Cyril Ramaphosa, pictured, has called on the European Union (EU) to remove sanctions on members of Zimbabwe's ruling elite and said the country has turned a “wonderful corner”. The EU maintains a travel and economic embargo on several Zanu PF officials, top mil...
ED officially opens Defence Varsity 17 November 2018 HARARE - PresidentT Emmerson Mnangagwa yesterday officially opened the Zimbabwe National Defence University (ZNDU) at an occasion where he was officially named the chancellor of the military-backed college. The university, that is located at the Alfred Nikita Mangena barracks along Mazowe road...
Mnangagwa off to Addis 17 November 2018 HARARE - President Emmerson Mnangagwa yesterday flew out to Addis Ababa to attend the 11th Extraordinary Session of the Assembly of the African Union. The Assembly — the supreme organ of the Union that consists all the 55 heads of State and government of the AU — will consider and make decisio...
ED warns defiant Chamisa 17 November 2018 HARARE - An unmoved President Emmerson Mnangagwa yesterday insisted opposition leader Nelson Chamisa must appear before the commission of inquiry investigating the deadly August 1 shootings, which left at least six civilians dead in Harare. [Adz] [GoogleAd]
Chamisa dares ED & Chiwenga 16 November 2018 HARARE - An angry opposition leader, Nelson Chamisa, yesterday threw the gauntlet at both President Emmerson Mnangagwa and his deputy Constantino Chiwenga — challenging them to also testify at the official probe looking into the August 1 killings which saw at least six civilians being shot dead i...
Ginimbi arrested over $22 million tax evasion 16 November 2018 HARARE - Controversial businessman and socialite Genius “Ginimbi” Kadungure was yesterday arrested as he left the Harare Magistrates' Courts on allegations of tax evasion amounting to $22 million. Ginimbi had appeared before Harare magistrate Morgan Nemadire on allegations of defrauding Chegut...
'Crackdown on money changers futile' 16 November 2018 HARARE - The crackdown on black market currency trading to curb a parallel market blamed for the spike in prices is not enough to address the problem, economists said yesterday. This comes as there has been a heavy security presence around commercial areas typically associated with black marke...
Zim informal sector rises to 95pc 16 November 2018 HARARE - The number of Zimbabweans earning a living from the informal sector rose to 95 percent in 2014 from 84 percent in 2011, a new study by the International Labour Organisation (ILO) has revealed. The latest statistics, captured in a research titled the “Zimbabwe Assessment Report on the ...
Zimbos demand more after coup 15 November 2018 HARARE - As the country marks exactly a year since the military rose up against former president Robert Mugabe by way of a popular coup, long-suffering Zimbabweans say they want President Emmerson Mnangagwa and his government to do more to improve their lives. This comes after Mnangagwa earned...
ED proposes more tough austerity measures 15 November 2018 HARARE - President Emmerson Mnangagwa has said there is no going back on his unpopular new tax on electronic transactions and promised expenditure cuts across government departments. The country introduced the tax on RTGS transactions and other such electronic money transfers that it said woul...
Commission of Inquiry adjourns public hearings 15 November 2018 HARARE - The Commission of Inquiry on the August 1 violence has adjourned public hearings and will be calling individuals mentioned by name in some of the witnesses' testimonies to appear before it, the secretary, Virginia Mabhiza said yesterday. Mabhiza told the Daily News that the commission...
Motlanthe Commission: Shutting doors when horses have bolted 15 November 2018 HARARE - While out of desperation, insincerity or naivety, many people would have welcomed the Commission of Inquiry (the Motlanthe Commission) into the August 1, 2018 shootings in Harare, many did not give it a chance. Many people who would have liked, or been expected to give evidence, did n...
Zimbabweans demand more after Mugabe coup 15 November 2018 HARARE - As the country marks exactly a year since the military rose up against former president Robert Mugabe by way of a popular coup, long-suffering Zimbabweans say they want President Emmerson Mnangagwa and his government to do more to improve their lives. [Adz] [GoogleAd]