Stalap Investment’s offer to CFI minority shareholders flopped with no takers as minorities wait for a higher offering on the local bourse.
Singer and businessman Energy Mutodi was arrested this morning for an article he wrote on Facebook about why it is a difficult job for President Robert Mugabe to choose a successor, The Herald reported this evening.
A senior member of the Movement for Democratic Change Trudy Stevenson said 16 years ago that she did not trust the young members of the party such as Nelson Chamisa, Job Sikhala, Learnmore Jongwe and Tafadzwa Musekiwa saying she suspected that they were Zimbabwe African National Union-Patriotic Front plants.
Principals of the parties that formed the Movement for Democracy Change Alliance on Saturday today met to “plot the signposts” to next year’s elections, Morgan Tsvangirai’s spokesman Luke Tamborinyoka said in a statement.
There is a rush by President Robert Mugabe’s lieutenants to salvage his legacy, and the latest ploy in that race – a university named after him – may cost the taxpayer at least $1 billion.
Old Mutual Zimbabwe group’s after tax profit jumped seven-fold to $89.4 million in the six months to June from $12.5 million in the comparable period last year mainly due to an increase in investment income from non-banking activities, chief executive Jonas Mushosho told analysts yesterday.