President Mnangagwa back home in Zimbabwe after successfully selling the Zimbabwe brand at the TICAD-7 conference in Yokohama, Japan. The conference ran from 28 - 30 August PRESIDENT Emmerson Mnangagwa has arrived back home from Yokohama, Japan, where he joined other African leaders at the seventh edition of the Tokyo International Conference on African Development, otherwise known as the TICAD7. He was met at the Robert Gabriel Mugabe International Airport by Vice President Kembo Mohadi, Defence Minister Oppah Muchinguri-Kashiri, State Security Minister Owen Ncube, Harare Metropolitan Minister Oliver Chidau, senior government officials, service chiefs, among others. The conference mainly looked at unlocking business opportunities for Japanese corporates in infrastructural develop
Movement for Democratic Change National Executive Committee Communique 30 August 2109 The National Executive Committee (NEC) met at the Party Headquarters in Harare at the Morgan Richard Tsvangirai House on the 30th of August 2019 to assess the political, economic and social situation in the country, in particular the recent crackdown by the Mnangagwa regime on innocent citizens, the continued closure of democratic space by the State and the general suffering of the majority of Zimbabweans The MDC @ 20:Celebrating courage, growth and people’s victories! The People’s Party of Excellence ; NOTES this year as the party’s 20th anniversary since the formation on the 11th of September 1999. PROUD of having stayed the course for 20 years of struggle, resisting oppressio
Masiyiwa says he is oftentimes shocked when even the media who should know better, feed into the incorrect public narrative that he owns Econet when in actual fact he does not even have 50% shareholding Telecomm mogul Strive Masiyiwa says contrary to public sentiment, he does not actually own Econet, Zimbabwe’s largest mobile telephony operator.The billionaire Econet Wireless founder and Executive Chairperson says he is just one of the tens of thousands of investors in Econet, a publicly listed tech giant. ”I have never personally held more than 50%, since Econet was listed. So I actually don’t own the company. I’m simply the largest single shareholder,” writes Masiyiwa on his widely followed Facebook page.Masiyiwa adds that even though Econet empl
Health minister Obadiah Moyo has disclosed that the country is losing about $400 million annually on overseas medical treatments. Moyo made the disclosure in Nyanga, while officially opening the second annual general meeting and conference of Private Hospitals Association of Zimbabwe. “Having our own up to standard facilities will make wonders and no-one will be airlifted out of the country for health treatment and I have shared this with the President,” Moyo said. Government and ruling Zanu PF party officials have largely bled the country by flying out to seek medical treatment overseas, running away from local health institutions that have been run down through neglet over the years. Former President Robert Mugabe and incumbent President Emmerson Mnangagwa, his deputies C
The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has petitioned the High Court seeking to register a deed of settlement signed by former Defence minister Sydney Sekeramayi, who is said to have failed to settle a $311 000 electricity debt. The power utility recently filed a court application seeking an order to have the deed of settlement registered to recover its money.According to the court papers, Sekeramayi owns Ulva Farm, which accumulated the debt that he has allegedly failed to settle. Through its lawyers Chihambakwe, Mutizwa and Partners, the power utility initially issued the summons to the former minister on September 13, 2018 following which he acknowledged the debt and offered a payment plan. “On September 28, 2019 and at Harare, the applicant
President Mnangagwa yesterday negotiated a fresh financial package for Zimbabwe from the African Export-Import Bank (Afreximbank) after meeting the bank’s president, Professor Benedict Okey Oramah. The President met Prof Oramah on the sidelines of the Tokyo International Conference on African Development (TICAD) underway here. Speaking to Zimbabwean journalists after his meeting with the President, Prof Oramah said Afreximbank had agreed in principle to provide Zimbabwe with a financial injection for emergency food imports as well as a separate kitty for infrastructure development. “Those are the kinds of things we discussed (financial package) especially to be able to support food imports and also to enable the development of certain infrastructure, including ir
A MAN has appeared in court charged with murder following the death of a woman in a village.Wilfred Jacob, 42, of the Street, Great Saling, is alleged to have killed 41-year-old Linda Vilika at the same address on Monday, August 19.The charge comes after the body of 41-year-old Linda Vilika was found at a property in Great Saling on Monday.A post-mortem examination took place on Wednesday. It established that the provisional cause of her death was stab wounds, but further investigation is required, police said.Essex Police said: “We await the results of further tests, which will take several weeks.”After being taken into custody and charged with murder at the weekend, Mr Jacob appeared at Chelmsford Crown Court on Tuesday via video link to confirm his name and date of
The price of everything is going up in Zimbabwe and Econet are firmly in the race. For the second time this month Econet have reviewed upwards the prices of their social media bundles. Econet have telecommunication businesses all over the world from Africa , Europe & Asia. Starting 29th August 2019 Econet Will charge the following prices for data bundles. Something needs to change because the people of zimbabwe are suffering everying is going up except salaries and job creation. Econet Offices In Harare Zimbabwe In a shocking move last week State Media BILLIONAIRE and Zimbabwe’s telecoms mogul, Strive Masiyiwa’s Mauritius incorporated Econet Media Limited, has put up for sale its shares in the satellite broadcast business in 13 countries, mostly Africa
Zimbabwe, the country I serve as finance minister, has been in the news for restricting the use of the US dollar and other international currencies as legal tender. Why would we want to return to our own currency, given such recent, home-made, experience of monetary turmoil? The answer can be found in our recent history. Following hyperinflation at the close of 2009, and to stem the instability produced by bad governance and fiscal ill-discipline, a mixture of other nations’ bills — the US dollar, British pound, South African rand, the euro, the Chinese renminbi and the Botswanan pula — became Zimbabwe’s medium of exchange in place of the Zimbabwean dollar. But while this curtailed household prices — its primary purpose — today it is outdated. It is ov
Genius Kadungure’s lawyer Mr Jonathan Samukange yesterday gave notice in court that he will apply for the removal of his client from remand if the prosecution fails to furnish them with State papers and a trial date on their next appearance. This was after the State led by Mr Sebastian Mutizirwa had applied for a postponement of the matter to September 4. Harare magistrate Mrs Rumbidzai Mugwagwa ruled in favour of the State and the matter was deferred to September 4. Kadungure is facing charges of fraud, tax evasion and money laundering. Allegations against Kadungure are that between February 2009 and May 2016, his company Piko Trading Private Limited misrepresented to the Zimbabwe Revenue Authority (Zimra) that it made total sales of $2 777 678, inclusive of Value Added
