News about Zimbabwe that you can use
Dismissed employees of hospitality and retail group Meikles Limited today staged a demonstration and laid the firm’s top management under siege at its Bulawayo branch offices, demanding their retrenchment packages.
(291 VIEWS)
Government has appointed a board for the National Social Security Authority (NSSA)’s proposed social security building society in a move to strengthen the authority’s investment portfolio of the following the collapse of its merchant bank.
(737 VIEWS)
Vice President Emmerson Mnangagwa might have inadvertently revealed that he was one of those who engineered President Robert Mugabe’s continued stay in power after he was defeated by Movement for Democratic Change leader Morgan Tsvangirai in the March 2008 elections.
(1061 VIEWS)
Zimbabwe’s biggest sugar refiner starafricacorporation, which is slowly emerging from near-collapse, says it will maintain its sugar output at 300 tonnes per day — half its capacity — due to low demand on the local market.
(394 VIEWS)
Insurance group First Mutual Holdings’ operating profit for the four months to April was up by over 1 000 percent to $1 million driven by growth in gross premiums written (GPW) and cost reduction, chief executive Douglas Hoto said yesterday.
(193 VIEWS)
Zimbabwe African National Union-Patriotic Front Harare Province youth leader Godwin Gomwe tried to commit suicide when he learnt that police were looking for him in connection with a case in which he is alleged to have extorted money from eight Glen Norah housing cooperatives using the name of the First Lady Grace Mugabe.
(752 VIEWS)
Zimbabwe’s central bank has licenced 27 designated money transfer operators and agencies, including Econet Wireless and eight banks, to carry out international remittances as well as trade in currencies, as the authorities bid to draw diaspora remittances into the formal banking system.
(958 VIEWS)
A vendor representative union today vowed informal traders would not vacate street pavements across Zimbabwe’s towns and cities until municipalities offer them alternative vending sites, defying a 7-day government ultimatum and setting up potential clashes with law enforcement agents.
(636 VIEWS)
Movement for Democratic Change leader Morgan Tsvangirai has condemned the move by the government to drive out all illegal vendors out of the major towns and cities by this Sunday.
(387 VIEWS)
Zimbabwe has turned to the private sector to raise over $5 billion to finance water infrastructure projects, including the Matabeleland Zambezi Water Project (MZWP), citing the paucity of state coffers and will hold a conference later this month to highlight investment opportunities in the sector, a minister said yesterday.
(366 VIEWS)
