Tag Archives: 14 June 2014

IMF dispatches envoy to Harare

via IMF dispatches envoy to Harare—Report | The Zimbabwean. by Tawanda Majoni 13 June 2014 In what could signal a change of policy, the International Monetary Fund (IMF) has reportedly appointed its first representative to Harare in 10 years. The Bloomberg News reported on Thursday that IMF had appointed Christian Beddies to head its Harare office, quoting… Read More »

Zim urged not to mortgage minerals

via Bulawayo24 NEWS | Zimbabwe urged not to mortgage minerals. 13 June 2014  by Staff reporter The World Bank has warned Zimbabwe against mortgaging its minerals, saying this jeopardises future generations’ welfare. Nadia Piffaretti, the World Bank’s senior economist, told a news conference on Wednesday that the hard-pressed southern African nation would be better advised… Read More »

Zesa frustrates Budiriro Bakery

The Zimbabwe Electricity Supply Authority has for the past six months delayed the dispatch or an assessment team to Budiriro bakery in Buhera – delaying completion of the electrification of this income-generating initiative. Co-operative members have been waiting for Zesa to inspect the installation of electricity at their bakery since December. The inspection is required… Read More »

ConCourt scraps criminal libel law

via ConCourt scraps criminal libel law. newzimbabwe.com 13 June 2014 THE Constitutional Court has scrapped a criminal defamation law which local journalists say has been used by the government to restrict the freedom of the press. The judgement delivered on Thursday showed that the full bench of the Constitutional Court agreed that criminalising defamation was… Read More »

EU Bank starts Zim loans, but not to govt

via EU Bank starts Zim loans, but not to govt. newzimbabwe.com 13 June 2014 THE European Investment Bank is considering extending loans to Zimbabwe’s private sector, more than a decade after the EU slapped sanctions on President Robert Mugabe’s government over charges of human rights abuses and vote rigging. The bank will not lend directly… Read More »

MDC-T congress triggers scramble for positions

via Bulawayo24 NEWS | MDC-T congress triggers scramble for positions. 13 June 2014 Jockeying for positions in the MDC T is gathering momentum ahead of the beleaguered party’s congress in October, as party bigwigs fight to take over positions left vacant by the breakaway faction led by Tendai Biti. MDC-T insiders said Tsvangirai is likely… Read More »

Farmer drags govt to court over deforestation

via Bulawayo24 NEWS | Farmer drags govt to court over deforestation. by Fidelis Munyoro 13 June 2014 A farmer has taken Government to the High Court seeking to compel it to stop deforestation that is threatening extinction of indigenous trees, especially in prime tobacco growing areas. Mr Never Gasho, a farmer in Karoi, said the alarming rate… Read More »

MDC calls for immediate dissolution of govt

via MDC calls for immediate dissolution of govt | The Zimbabwean 13 June 2014 The MDC shadow cabinet that met today in Harare expressed concern over a continuing economic downslide, rising unemployment and worsening company closures and called for the immediate dissolution of the Zanu (PF) government. The shadow ministers said it was dismayed with the current… Read More »

Mutasa, Mutsvangwa fall-out sucks in Politburo

via Mutasa, Mutsvangwa fall-out sucks in Politburo | The Zimbabwean.13 June 2014 The Politburo will be forced to resolve the fall-out between Manicaland Senator Monica Mutsvangwa and party secretary for administration Didymus Mutasa. Party spokesperson Rugare Gumbo said the matter had not been tabled yet, but ultimately the Politburo would have to resolve the issue. The… Read More »

Tsvangirai’s list of former lieutenants grows

via Bulawayo24 NEWS | Tsvangirai’s list of former lieutenants continues to grow .  13 June 2014 by Clemence Manyukwe MDC-T leader Morgan Tsvangirai is counting his losses as the list of former lieutenants that are deserting him continues to grow. Since the party’s formation in 1999, he has been losing political friends at a higher… Read More »

Mugabe, Moyo’s love-hate

via Mugabe, Moyo’s love-hate relationship – The Zimbabwe Independent. 13 June 2014 by Owen Gagare PRESIDENT Robert Mugabe and Information minister Jonathan Moyo have a long-standing love-hate relationship dating back to 1999 when Moyo, then a stern critic of Mugabe’s leadership style and his attempts to impose a one-party state in Zimbabwe, was appointed to… Read More »

New boards lack seriousness

via New boards show lack of seriousness. 13  June 2014  NEWSDAY ZIMBABWE Yesterday, Energy and Power Development minister Dzikamai Mavhaire appointed almost 10 boards under his purview. Notably, he appointed former Lands minister Herbert Murerwa as Zesa chairman. NewsDay Editorial Mavhaire’s appointments followed that of Transport and Infrastructural Development minister Obert Mpofu, who a day… Read More »

Investors take ‘defensive’ outlook

via Investors urged to take ‘defensive’ outlook on Zimbabwe | African News | BDlive. 12 June 2014 by Ray Ndlovu ZIMBABWEAN stockbroker Imara Edwards Securities expects the Zimbabwe Stock Exchange (ZSE) to take a “defensive” outlook for the rest of the year in a period of self-correction. Deflation and a persistent liquidity crunch are seen… Read More »

Madhuku threatens to sue

via Madhuku threatens to sue government.  13  June 2014 NEWSDAY ZIMBABWE by  Paidamoyo Muzulu THE Lovemore Madhuku-led National Constitutional Assembly (NCA) party has threatened to take government to court for breaching civil servants’ right to have fixed pay dates. The NCA threat comes barely 24 hours after Civil Service Commission (CSC) secretary Pretty Sunguro announced… Read More »

No indigenisation levy?

via No indigenisation levy, says Nhema – The Zimbabwe Independent. 13 June 2014 by Kudzai Kuwaza INDIGENISATION minister Francis Nhema says there will be no indigenisation levy contrary to reports that his ministry was mulling its introduction. Reports that another levy was being introduced had sparked fears that this would lead to further erosion of… Read More »

Zimbabwe loan arrears

via European Investment Bank meets Zimbabwe on arrears. 13 June 2014 NEWSDAY ZIMBABWE THE European Investment Bank (EIB) says it is working on providing loans to small and medium enterprises (SMEs) in Zimbabwe while discussions on the settlement of the country’s loan arrears begin. BUSINESS REPORTER Speaking at a Press conference in Harare yesterday, Southern… Read More »

Zim-EU in talks on finance

via Zim-EU in talks on budget finance – The Zimbabwe Independent. 13 June 2014 by Taurai Mangudhla ZIMBABWE stands to benefit from the European Union (EU)’s softened stance on the Zanu PF government, which is expected to see the 28-nation bloc scrapping economic sanctions against the troubled southern African country, economists say.   Last week,… Read More »

Tale of the less trusted darling

via Intriguing tale of the less trusted darling – The Zimbabwe Independent. 13 June 2014 by MuckRaker This has been an interesting couple of weeks for journalists — and for journalism itself. The death of veteran nationalist Nathan Shamuyarira has focused attention on growing fissures within ruling party Zanu PF. President Robert Mugabe, in a… Read More »