LAST week the Morgan Tsvangirai-led MDC-T successfully recalled 21 legislators who entered parliament on the party’s ticket following the July 2013 general elections, but were now associating themselves with the breakaway MDC Renewal Team led by Tendai Biti.
LIKE millions of other angry and desperate Tunisians, 26-year-old Mohamed Bouazizi — who was degreed in computer science — faced the daunting combination of poor employment prospects and food inflation in a country whose government was authoritarian, inept and corrupt.
SWEPT by the economic tide that has hit the Zimbabwean economy since around 2000, numerous high-flying indigenous entrepreneurs who were the country’s flag-bearers for black economic empowerment have sunk into oblivion after their businesses spectacularly failed or collapsed.
ZIMBABWE’S uniformed forces have failed to settle a debt of close to US$4 million for combat boots supplied by an Italian-owned shoe manufacturing company near Marondera, Eagle Italian Shoes and Leather.
A RECENT survey of Africa’s top companies has revealed that Zimbabwean companies are struggling to compete with their regional and continental counterparts.
A CABINET committee has been set up to explore ways to reduce government’s unsustainable wage bill gobbling up more than 80% of revenue.
ZBC, which is currently going through a restructuring exercise, has a huge US$54 million debt, the state broadcaster told parliament yesterday.
GOVERNMENT is irretrievably sinking deeper into a fiscal crisis as Zimbabwe’s tax base continues to shrink, while revenue collections dwindle at an alarming rate amid a severe liquidity crunch which has spawned low capacity utilisation, company closures and job loses.
FORMER vice-president Joice Mujuru says she bitterly feels President Robert Mugabe used and dumped her from her senior positions in Zanu PF and government after loyally serving for 42 years.
EVIDENCE that President Robert Mugabe is experiencing mounting health problems, fuelled by old-age complications, is all the more becoming hard to deny as his hospital shuttles increase as shown by further disclosures he was in Singapore this week for three days for medical reasons.