Browsing daily archive

September 30, 2018

Khama warns Mnangagwa

Former Botswana president Ian Khama has warned President Emmerson Mnangagwa against entertaining fly by night foreign investors who do not add value to the country’s tottering economy, the Daily News on Sunday can report.

Zanu PF chefs milking vendors

Crafty Zanu PF politicians are making a killing by allocating space at sites designated by the Harare City Council (HCC) for vendors who are being moved from the central business district (CBD) following the outbreak of cholera early this month.

Mother Filda’s Midas touch

Filda Muchabaiwa is one manager in showbiz whose Midas touch has transformed the careers of several musicians.Popularly known as Mother Filo in showbiz, Muchabaiwa was instrumental in shaping careers of successful musicians in form of Jah Prayzah, Andy Muridzo, Pamela “Gonyeti” Zulu, Kinnah and now man-of-the-moment Baba Harare.

Song of the year race on

It is three months before the year ends and the race for the song of the year has opened with a number of artistes already positioning themselves with a number of chart-topping releases.And musicians such as ExQ, Winky D, Killer T and Alick Macheso are already front runners.

Miss World-Zim can’t take car home

The newly-crowned Miss World Zimbabwe Hajirah Belinda Potts could not drive home with her car prize, a Kia Rio (sedan) valued at $41 000 as Miss World Zimbabwe Trust says she has to first acquire a driver’s licence.

Steelmakers in trouble over debt

Steelmakers Zimbabwe (Private) Limited in Redcliff, Kwekwe is being sued over a debt owed to an oxygen cylinder supplier.This comes after the two parties signed a deal in early 2016 which later collapsed as the giant steel company faced liquidity challenges.

Zim’s foreign reserves plummet

Zimbabwe’s foreign reserves have depleted to $200 million against a requirement of $1 billion cover as the country is struggling to emerge out of a near-recession, the Reserve Bank of Zimbabwe (RBZ) has said.Jesimen Chipika, the central bank deputy governor, on Thursday told industrialists at the Confederation of Zimbabwe Industries (CZI) conference that the country’s virtual money, un-backed Real Time Gross Settlement (RTGS) balances, presently stood at $2,2 billion, a figure she said did not correspond with the $200 million reserves.

Chishawasha community, Jesuits clash over land

Chishawasha rural community located 25 kilometres north-east of Harare is up in arms with the Zimbabwe and Mozambique Province of the Society of Jesus, commonly known as the Jesuits, over a residential stands development project on what they believe to be their ancestral land.

Mayor calls for peaceful engagement

Harare Mayor Herbert Gomba, has called for the peaceful relocation of informal traders from the Central Business District (CBD) to designated sites so as to foster peaceful co-existence.