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IN any functional democracy, the electorate is supreme: It is the electorate's vote and voice that confers legitimacy on any government and any national leadership.
EARLY in the year, a high-powered South African business delegation visited Zimbabwe to assess opportunities following the formation of the unity government.
AFTER the Sadc Organ on Politics, Defence and Security met in Maputo on October 29 to deliberate on how best to alleviate the political impasse in Zimbabwe, one would have been permitted to be optimistic. The optimism would have been premised on a seeming shift in Sadc's approach to issues that the three political parties have defined as "outstanding" with regards to the Global Political Agreement ...
IT was generally agreed that Zimbabwe's recent 4-1 series defeat in the spin-haven of Bangladesh was not an accurate appraisal of their overall performance on the subcontinent. On different stages of the games they were in it, and with a little bit of luck they could actually have snatched the series. But what of the two ODIs in South Africa in familiar conditions this week?
LIKE most Zimbabweans, I was naturally delighted that the Warriors won the Cosafa Senior Challenge Trophy. Certain people think otherwise due to this newspaper's restrained coverage of the tournament and criticism of Zimbabwe coach Sunday Chidzambwa and his team.
WITH such emerging talents as Brian Mtawarira, the future of Zimbabwe rugby looked extremely bright.
ZIMBABWE will this month sign a Bilateral Investment Promotion and Protection Agreement (Bippa) with South Africa, amid a farm ownership dispute between deputy Reserve Bank governor Edward Mashiringwana and a South African farmer, Louis Fick. Economic Planning and Investment Promotion minister Elton Mangoma this week told journalists that Harare and Pretoria would sign the long-awaited deal on ...
IT is a sweltering November afternoon and Guruve communal farmers ignore the heat, waiting for their turn to receive a bag of fertiliser and 15 kg of maize seed donated by the European Union (EU) and the Food and Agriculture Organisation (FAO) through the Sustainable Agriculture Trust. Success or failure, the farmers know, depends on these inputs as they do not have their own resources to acquire ...
A VICTORIA Falls magistrate court yesterday threw out charges against Zimbabwe Congress of Trade Unions (ZCTU) president Lovemore Matombo and four staffers who were arrested in the resort town on Sunday for allegedly holding a political meeting without police clearance. Magistrate Richard Ramaboea said the police had no business in disrupting the labour organisation's meeting.
DISPUTED Zanu PF Harare province elections have triggered a row that threatens to tear the party asunder, alienating the war veterans from the political leadership. The former freedom fighters and ex-detainees have declared war against the new Harare provincial leadership and anyone else in the party who supports what they described as "fraudulent" elections and a "dubious" restructuring exercise ...
GOVERNMENT and mining companies are heading for a collision over a proposed economic policy to raise mining royalties in the next six years. Economic Planning and Investment Promotion Minister Elton Mangoma on Monday presented a draft economic plan that recommended an increase in royalty fees charged to miners. Proceeds generated from the royalties would establish a sovereign fund to hedge future ...
THE Morgan Tsvangirai-led MDC has publicly attacked Deputy Prime Minister Arthur Mutambara and his party for siding with President Robert Mugabe and Zanu PF during last Thursday's Sadc Organ on Politics, Defence and Security mini-summit in Maputo. Addressing a rally on Sunday at Chibuku Stadium, Chitungwiza, Tsvangirai and his party's secretary-general Tendai Biti took turns to lambast Mutambara ...
LAST week this column addressed the tragic circumstance that, for most of the last 25 years, major players in Zimbabwe's governmental hierarchy have consistently pursued policies which have devastated the economy. They did so dogmatically, callously disregarding well-informed advices as to what needed to be done to assure a virile economy. They did so in pitiless contempt for the consequential ...
IS anyone sure of what the situation in the country will be in two months' time? This question does not necessarily need a response but only captures the level of uncertainty surrounding us.
DEFENCE lawyers in the banditry trial of MDC-T treasurer-general Roy Bennett want High Court judge, Justice Chinembiri Bhunu, to step down from the case because he ruled in 2006 that there was "overwhelming" evidence against Michael Hitschmann who is a state witness in the case. Bhunu will make a ruling on the application for recusal on Monday.
ZANU PF this week stepped up its efforts to block in the House of Assembly the Reserve Bank of Zimbabwe Amendment Bill which seeks to limit the powers of the central bank governor.
Mines have sought the intervention of Finance minister Tendai Biti in a bid to recover funds misappropriated by the central bank over the years, businessdigest can reveal. A Chamber of Mines letter seen by this paper sent to Biti appealed to the Finance minister to find ways of "expediting the payment of all funds outstanding to" its members.
PROCESSING company, Ariston Holding's recorded recovery and growth in real terms from last year, a commendable feat although the group's attributable profit remain in the red when compared to other players in the sector.
CFX Financial Services Ltd shareholders yesterday passed all resolutions which had been tabled at the Extraordinary General Meeting paving way for Interfin to inject capital and subsequently take control of the company. Company secretary Patricia Ndoro yesterday said the resolutions passed include re-denomination of the authorised share capital, increase in ordinary authorised share capital, ...
MOST households and industries in Zimbabwe are currently limited to less than 10 hours of electricity supply daily because of power cuts which are a result of lack of investment in power generation since Independence. The hardest hit areas are limited to about five hours of electricity daily.
WHEN President Robert Mugabe attacked former Finance Minister Herbert Murerwa in a televised interview for sticking too much "to textbook economics", many were surprised. His beef with Murerwa was that the then Finance minister had attempted to put a stop to quasi-fiscal activities -- a euphemism for printing money -- before he got sacked from his job.
THE Competition and Tariff Commission has okayed Delta Beverages the acquisition of Schweppes Zimbabwe Ltd saying the deal did not create a monopoly.
FOR Seed Co Ltd the first half of the year is always a cost accumulation period for the business with sales normally limited to winter cereal seeds. Summer seed sales only begin in earnest in October.
MASSIVE retrenchments loom at David Whitehead Textiles Ltd (DWTL) which has escaped going under judicial management. DWTL had a provisional liquidation order at the High Court withdrawn three weeks ago and it was highly anticipated that the company would once again go under judicial management.
THE demise of some of the most revered global banks such as Lehman Brothers in 2008 has taught many investors around the world unforgettable lessons. The contagion touched nerves around the global markets in many angles; from the collapse of the commodity prices, crushing stock markets and the pains of discovering seasoned and polished fraudsters running ponzi schemes such as Bernard Madoff who ...
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