“Docter Nhunzvatunzva grace dzopererwa hadzina kana nyaya wena kana asinei nehupresident anorwei pafunge??????” This was one of the comments by an Insider reader following First Lady Grace Mugabe’s dressing down of Vice-President Emmerson Mnangagwa at the Zimbabwe African National Union-Patriotic Front youth rally in Bindura at the weekend Loosely translated, the reader was saying, “Dr Grace Mugabe is now waffling, she does not have anything to say.
The Zimbabwe Stock Exchange (ZSE) industrial index was up 5.02 percent yesterday to reach a record 301.03 points on gains by heavyweights.
Metbank Zimbabwe reported an after tax profit of $403 453 in the half year to June from $289 399 in the comparable period last year, following a surge in non-interest income.
Former United States ambassador to Zimbabwe James McGee told Washington, one month after the formation of the inclusive government in Zimbabwe in 2009, that it was critical for the United States to support the Movement for Democratic Change because it was the only established party with a chance of beating the Zimbabwe African National Union-Patriotic Front and thus introduce real democracy.
Zimbabwe’s cash-strapped government has hired an additional 2 300 teachers, effectively lifting a ban on public sector recruitment put in place to reign in on spending. The southern-African nation whose budget is entirely funded on taxes is struggling to contain employment costs for its workforce estimated at over 250 000.
First Lady Grace Mugabe, who is accused of assaulting South African model Gabriella Engels with an electric cord a month ago, says she was actually attacked by the model.
The Zimbabwe Stock Exchange market capitalisation breached $8.1 billion on Friday as mainly local investors take refuge in assets to escape the chaos in the currency and money markets.
Zimbabwe war veterans’ leader Christopher Mutsvangwa has warned Defence Minister Sydney Sekeramayi to stay out of the association affairs and warned that the veterans who have sustained the Zimbabwe African National Union-Patriotic Front since 2000 will not back President Robert Mugabe next year.