Stories

Zeroes, removed in August came back with a vengeance with the Old Mutual Implied exchange rate which stood at Z$676.1 billion to the United States dollar before the removal of 10 zeroes shooting up to Z$890.1 billion to the dollar three months later.

(43 VIEWS)

It is not the Daily News, the paper that Nyarota founded and which Masiyiwa later rescued. It is Central Intelligence Organisation operative Robert Manungo.

(369 VIEWS)

The signing of the Global Political Agreement, which was supposed to usher a new government with Robert Mugabe, Morgan Tsvangirai as Prime Minister and Arthur Mutambara as deputy Prime Minister, did not stop the negative sentiment in the market with the Zimbabwe Stock Exchange and fixed properties becoming the only reasonable hedges against exploding inflation.

(133 VIEWS)

The United States says its public diplomacy had paid off in bringing about democracy in Zimbabwe when the opposition Movement for Democratic Change managed to squeeze in 57 seats from the Zimbabwe African National Union-Patriotic Front after nearly 20 years of one party rule.

(270 VIEWS)

The uncontested victory of Robert Mugabe in the presidential elections run-off of 2008 failed to stop the economic collapse with more companies turning to barter trade to preserve value.

(91 VIEWS)

Minister of State Security Didymus Mutasa said the Southern African Development Community Tribunal was “daydreaming” after it ruled that Zimbabwe’s land reform programme was racially discriminatoryand violated Zimbabwe’s SADC treaty obligations with regard to upholding the rule of law and respect for human rights.

(75 VIEWS)

The Southern African Development Community observer mission had already decided that the best way forward for Zimbabwe was a government of national unity before the presidential elections run-off from which Movement for Democratic Change leader Morgan Tsvangirai pulled out a week before the polls.

(50 VIEWS)

A disillusioned member of the Zimbabwe African National Union-Patriotic Front central committee Manatsa Mutasa told United States embassy officials less than a week after the 2008 polls that Tsvangirai had won 48 percent of the vote so the ZANU-PF had begun a campaign of violence, spearheaded by Minister Oppah Muchinguri, Deputy Speaker of Parliament Kumbirai Kangai, Air Marshall Perence Shiri, and Minister Didymus Mutasa, to intimidate the population and MDC leaders.

(216 VIEWS)

Central bank governor Gideon Gono was forced to stop the fungibility of shares in Old Mutual, ABC and Kingdom Meikles Africa, after the Zimbabwe dollar went haywire with the local currency plummeting from Z$275 million to Z$430 million to the United States dollar in one week.

(116 VIEWS)

Movement for Democratic Change leader Morgan Tsvangirai told United States ambassador to Zimbabwe James McGee that Zimbabwe African National Union-Patriotic Front leader Robert Mugabe had agreed to concede defeat after the 2008 elections but wanted an additional six months in office which the MDC rejected.

(173 VIEWS)