Stories

The Morgan Tsvangirai-led faction of the Movement for Democratic Change has denied that there is a rift between the party leader and his deputy Thokozani Khupe saying this was a figment of imagination which sought to export the chaos in the Zimbabwe African National Union-Patriotic Front to the MDC.

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Taesung Chemical Co (Taesung) has increased its shareholding in ART Corporation to over 55 percent after the closure of its mandatory offer to minorities, the company said on Thursday.

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President Robert Mugabe has assured the nation that no one will starve this year despite the massive food shortage which will force the cash-strapped government to import about 700 000 tonnes of maize.

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Bulawayo, Zimbabwe’s second largest city often described as a dying city, is probably the best place to live in Zimbabwe according to a survey on lived poverty by Afrobarometer carried out between 16 and 29 November last year.

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Vice-President Emmerson Mnangagwa seems to have put an end to the bickering in Harare East where two Zimbabwe African National Union-Patriotic Front candidates are vying for the seat in the 10 June by-elections.

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Zimbabwe’s Tourism authority says it anticipates an increase in annual earnings to $1.5 billion after an improvement in international sentiment, an official has said.

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The Morgan Tsvangirai-led faction of the Movement for Democratic Change has called on Vice-President Phelekezela Mphoko to step down because of his remarks that the Gukurahundi massacre of the 1980s was instigated by the West as part of its divide-and-rule tactics.

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Cimas Medical Aid Society has suspended online drug claims after losing $1.2 million in fraudulent claims, with the society incurring a $3.4 million drug bill during the first quarter of this year compared to $2.2 million in the last quarter despite a fall in membership.

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The Movement for Democratic Change-Tsvangirai has condemned the passage of the Reserve Bank of Zimbabwe Debt  Assumption Bill on Tuesday under which the government will assume the central bank’s $1.3 billion debt saying this is literally forcing the overtaxed Zimbabweans to foot the loot by the Zimbabwe African National Union-Patriotic Front elite.

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Zimbabwe’s inflation eased to -2.65 percent year-on-year in April after shedding 1.45 percentage points on the March rate of -1.20 percent as deflationary pressures persist, the national statistics agency said today.

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