Archive | Politics


G40 faces new uphill struggle

ZANU PF national commissar Saviour Kasukuwere faces an uphill task ahead of the party’s annual conference in Masvingo in his bid to push through a controversial resolution by his home […]

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Mixed reaction to bond notes

INDUSTRY and consumers have greeted the Reserve Bank of Zimbabwe (RBZ)’s bond notes with mixed feelings as the promissory notes rattle the market. ‘

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Standard Chartered Plc group chief executive Bill Winters

British bank rescues Mugabe

BRITISH multinational banking and financial services group Standard Chartered Bank Plc — previously embroiled in controversial sanctions investigations in the United States and freezing of capital investment in Zimbabwe — […]

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China cagey on $5bn deals

THERE are renewed doubts over China’s commitment to fund US$5 billion agriculture and housing projects that were proposed recently as well as deals that President Robert Mugabe purportedly clinched when […]

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Controversy rocks economic zones

ZIMBABWE’S broke government has created more confusion on its controversial indigenisation law by cherry-picking countries that will receive preferential treatment under the newly designated Special Economic Zones (SEZs). ‘

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Court throws out Zimra bosses suit

THE High Court has for the second time in just over a month thrown out an urgent application by suspended Zimbabwe Revenue Authority (Zimra) executive directors Anna Mutombodzi (commissioner customs […]

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BancABC Bank

BancABC reels from a US$11m exposure

Ferrochrome producer Zimasco, to which BancABC is exposed to the tune of US$11,7 million, could take five years to pay off its creditors, sources in the banking sector have revealed. […]

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