News

Joice Mujuru, Zimbabwe’s former vice-president, was once touted as the natural successor to President Robert Mugabe. The veteran politician had long been in the inner circle of Zimbabwe’s leader, who has now been in power for 35 years, and looked well-positioned to take over if and when he stepped down.

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Binga Member of Parliament Prince Sibanda says the current negative inflation in Zimbabwe is a reflection of increasing poverty in the country.

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Movement for Democratic Change Gweru mayor Hamutendi Koimbayi said he had no problem with Local Government Minister Saviour Kasukuwere over his suspension but had issues with the ministry’s permanent secretary George Mlilo and director of human resources Erica Jones whom he accused of misleading Kasukuwere into suspending Gweru city councilors.

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The government is working on taking back the Cotton Company of Zimbabwe to revitalise the cotton industry which has seen production plummet from 350 000 tonnes in 2012 to an estimated 90 000 last year, Vice-President Emmerson Mnangagwa said.

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Higher Education Minister Jonathan Moyo says current job cuts are painful but they are lawful and represent the necessary self-correction to enable takeoff.

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Old Mutual Zimbabwe says it intends to provide infrastructure for the country’s growing informal sector as the company adjusts its products range to suit the changing economic environment, an official has said.

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The Movement for Democratic Change yesterday said the concern and grief that the world had shown for Cecil the lion that was killed by an American dentist last month should be transferred to activist Itai Dzamara who disappeared in March.

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Zimbabwe’s annualised inflation rate rose by 0.04 percentage points to -2.77 percent in July, compared to the June rate of -2.81 percent, the national statistics agency said yesterday.

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Sugar refiner starafricacorporation has narrowed its full-year loss to $7.2 million from $12 million in the prior year but its auditors have raised alarm over the group’s going concern status after it reported significant losses for the sixth year running, with its current liabilities exceeding assets by $52.2 million.

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Parliament, which had adjourned to 1 September, has been recalled to pass the Labour Amendment Bill which seeks to reverse the unilateral dismissal of employees that has been going on for the past month since the Supreme Court judgment which allowed employers to give workers only three months’ notice without any retrenchment packages.

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