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Monument to corruption ... Diesel generators at Dema project in Seke, Mashonaland East province.

US$1,3bn debt cripples power supply

WHILE Zimbabwe continues squandering money on the costly, corrupt and unsustainable US$250 million Dema Power Plant, the country is facing severe power cuts due to the Zimbabwe Energy Distribution and […]

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Zera CEO Gloria Magombo

‘Fuel retailers selling toxic fuel’

SOME leading fuel retailers in Zimbabwe, purportedly partly owned by Swiss companies, are allegedly importing contaminated diesel which contains high levels of sulphur content for bigger profits, a Swiss corporate […]

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The ease of doing business index is an index created by the World Bank Group.

IMF aborts Zim visit

THE International Monetary Fund (IMF) has abandoned its much-awaited visit to Zimbabwe amid indications the country’s arrears clearance plan approved in Lima, Peru, last year has totally unravelled. ‘

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Mugabe, Khama battle intensifies

AS high-level political clashes between Zimbabwe and Botswana resurface and intensify, it has emerged President Ian Khama dispatched an intelligence delegation to Harare led by his spy chief to convey […]

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Suspended NetOne chief executive Reward Kangai

NetOne in US$32m dodgy deals

A FORENSIC audit into the affairs of state-owned mobile phone operator NetOne has unearthed new evidence of mismanagement and corruption. Latest details show the company made shady payments totalling US$32 […]

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Members of the Venezuelan National Guard seize a man during anti-government protests in Venezuela recently.

‘Zim the Venezuela of Africa’

PRESIDENT Robert Mugabe will come face-to-face with the devastating consequences of misrule and economic mismanagement when he participates in the 17th Domestic Non-Aligned Summit in Venezuela this week. ‘

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‘Zim faces deeper economic crisis’

CHATHAM House, a leading independent think-tank close to the British establishment, says it is vital to strike a balance between re-engagement and reform in Zimbabwe as President Robert Mugabe’s regime […]

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