Stories

Over 90 percent of borrowings from micro-finance institutions (MFIs) are for consumptive spending, leaving the majority of Zimbabweans highly indebted, a scholar said today.

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Provincial elections for the Movement for Democratic Change begin in Harare tomorrow as the party prepares for its congress next month, the party said in a statement following a meeting of its national council today.

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There is no ebola in Zimbabwe. Rumours are being spread by social media due to the panic that happened at Parirenyatwa Hospital when a patient came in an ambulance, pulled out his drip and there was blood all over, Health Minister David Parirenyatwa told Parliament yesterday.

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President Robert Mugabe’s trip to China last month, which was written off with claims that he had returned empty handed, paid off yesterday when the first deal for a US$220 million loan was approved by Parliament.

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State owned mobile telecommunications operator, NetOne is one of the companies that benefitted from the nine deals that were signed when President Robert Mugabe visited China three weeks ago.

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The European Union’s General Court today rejected claims for damages brought by former junior minister, Aguy Georgias, who was claiming €6 million against the bloc after he was thrown out of the United Kingdom in 2007.

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Zimbabwe African National Union-Patriotic Front Makoni South legislator Mandi Chimene now seems to have become the clown of the lower house.

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Small change will only be available by December but there is no question of bringing back the Zimbabwe dollar because the economy would collapse, Finance Minister Patrick Chinamasa said yesterday.

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Finance Minister Patrick Chinamasa yesterday apologised to Parliament for trying to seek a supplementary budget approval proposed in his mid-term fiscal policy statement last week after Speaker of Parliament Jacob Mudenda ruled that Chinamasa had not followed the right procedure.

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Almost 2 in 3 South Africans believe Oscar Pistorius intended to kill his girlfriend, Reeva Steenkamp. This according to consumer insights company Pondering Panda, which interviewed 1357 adults between the ages of 18 and 49, across South Africa.

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