First Capital Bank Zimbabwe (FCB), formerly Barclays Bank, has laid off 120 workers as the economic crisis continues to take a toll on the beleaguered financial services sector, NewsDay can exclusively reveal. The workers were served with the retrenchment letters early last month and ceased reporting for duty on August 31. “We confirm that Barclays retrenched a total of 120 workers of which 97 were our members. Workers have since been notified that the last day to report for duty was 31 August 2019,” said a source.The bank’s spokesperson Emily Nemapare said they were still in the process of finalising the restructuring exercise in terms of legal and other applicable requirements. “This has come on the back of a review of the operating model aimed at creating ope
Zimbabwe’s founding leader, Robert Mugabe who led the country for nearly four decades has died in the early hours of Friday after being confined to a hospital in Singapore for a sustained period of time. Analysts say that he died a bitter man following his unceremonious departure from the political arena in 2017. Mugabe resigned as the national army had seized almost every key sector in the country, rendering the country ungovernable.Mugabe later said that his resignation was not voluntary as he had to choose between a civil war and giving up power. He added: I was sacked from the party I founded, Zanu-PF, with the likes of Va(former vice president Simon) Muzenda and others. I was regarded now as an enemy. He described the deployment of the army and army machinery into the stree
The outspoken opposition leader made the remarks in his condolence message on Twitter where he also urged fellow Africans not to let “enemies” author Mugabe’s history. “I’m saddened by the passing of our martyr & giant of the African Revolution cde President Robert Mugabe. Let’s continue the fight & protect his legacy. We must not allow our enemies to tell us how to remember him; we know our heroes. May his soul rest in revolutionary peace,” wrote Malema. Julius Sello Malema, leader of a South African opposition party, Economic Freedom Fighters, has mourned the death of Zimbabwe’s former president, Robert Gabriel Mugabe. Malema who is a huge admirer of Mugabe during his tenure as the president described him as a martyr of the
Zimbabwe declared Robert Mugabe a national hero on Friday, President Emmerson Mnangagwa said, and the country would be in national mourning until the former leader was buried. Mugabe, who ruled the southern African nation for nearly four decades, died in a Singapore hospital on Friday aged 95. Zimbabwe's longtime president Robert Mugabe has died. He was 95. Mugabe's death was announced by the office of Zimbabwe's president. Mugabe came to power at independence from Britain in 1980, after a guerrilla war ended white-minority rule in then-Rhodesia. He was heralded as a model leader — but that image steadily eroded over time as his leadership became more authoritarian. Democracy, the rule of law and the economy suffered. The start of a new era When Robert Muga
1924 – Mugabe is born on Feb. 21 in what was then British-ruled Southern Rhodesia. 1940s-1950s – He is educated at Catholic schools and attends South Africa’s University of Fort Hare. He teaches in Zambia and Ghana, where he is influenced by African independence movement leaders. 1960s – Mugabe campaigns for Zimbabwe’s independence and is imprisoned in 1964 for political agitation. While incarcerated, he earns two law degrees from the University of London External Programme. 1974 – Released from prison, he escapes to Mozambique were Zimbabwe African National Union guerrilla fighters elect him to lead their struggle against white minority rule. A number of rivals die in suspicious circumstances, rights groups say. 1980 – Mugabe’s ZANU-
ZIMBABWE’S first executive President, Robert Gabriel Mugabe has died, according to multiple sources. Mugabe, who was ousted from power by his own army in November 2017 and replaced by current President Emmerson Mnangagwa, repeatedly passed away in Singapore where he was seeking medical attention. Top Harare lawyer Fadzayi Mahere, who is also the secretary for education for the opposition party MDC led by Nelson Chamisa, tweeted: “Rest In Peace, Robert Mugabe. “My response to your passing is complicated. I’m going to write a long piece. However, for now, deepest condolences to his family,” Mahere said. Another prominent Zimbabwean, Human Rights Watch Southern African director Dewa Mavhinga, has also revealed that credible family sources say the former
Harare magistrate Lovemore Mapiye has set 19 November as the trial date for flamboyant businessman Genius ‘Ginimbi’ Kadungure who is answering to charges of tax evasion amounting to $3 Million. Kadungure appeared before the court today represented by Jonathan Samukange. Ginimbi is facing tax evasion charges of over $3 million, after being arrested following investigations by the Zimbabwe Revenue Authority (ZIMRA) where he was allegedly importing gas without paying tax. Allegations against Kadungure are that between February 2009 and May 2016 his company Piko Trading Private limited misrepresented to ZIMRA that it made total sales of$2 777 678 inclusive of VAT…when in actual fact the company made sales amounting to $9 092 951. ZIMRA suffered a prejudice and Ka
A ZIMBABWEAN truck driver was left traumatized and pleading to be allowed to go back home to Zimbabwe after his house was burned to rubble in the ongoing xenophobic attacks in South Africa. Emmanuel Manyere was renting a house in Jeppestown near Johannesburg, but a gang comprising of his neighborhood youths burned the house to ashes saying they did not want foreigners taking over their jobs. In an interview with Voice of America, Manyere said he feared for his life and wanted to return to Zimbabwe. “A gang called Mzansi Wethu (meaning Our South Africa) attacked my rented houseom Tuesday. They managed to break into the house and they took whatever they wanted and they burnt everything, things like my refrigerator, radio, television set and when I came from work I
PRESIDENT Mnangagwa said yesterday he was happy with the pace of ongoing dialogue with United States President Donald Trump, which is aimed at bringing an end to illegal and ruinous economic sanctions imposed on Zimbabwe. He said this in an interview with Bloomberg TV at the World Economic Forum (WEF) on Africa here yesterday. The President said relations between Zimbabwe and the US, were cordial in nearly two decades, adding that while the country worked on its reform agenda, it had also focused on rejoining the family of nations and normalising relations with the US. “We have rejoined the family of nations,” said President Mnangagwa. “I am happy that dialogue with Trump is ongoing. I am happy with the progress we are so far making, which had never happened in
Parirenyatwa Group of Hospitals has launched an investigation into the death of a pregnant woman, Sharon Munyonho who died at the hospital’s Mbuya Nehanda maternity wing on Sunday due to alleged negligence by nurses manning the ward. The late Munyonho is said to have started complaining of labour pains Saturday evening after having been induced to go into labour in the afternoon. It is alleged that Munyonho started having contractions that afternoon but was only taken to the labour ward around 2am, from which she did not receive any service until 6am. She was found dead Sunday morning with her dead child between her legs. More to follow…
