The Midlands province, home of Vice-President Emmerson Mnangagwa, is planning to mobilise the biggest crowd ever to host President Robert Mugabe during his current inter-face rallies organised by the party’s youth wing.
Zimbabwean banks have significantly increased their holdings of treasury bills (TBs) by 87 percent in the six months to June, results from reporting banks show, as government continues to dominate borrowing at the expense of productive sectors of the economy.
The Zimbabwe Stock Exchange’s main industrials index advanced 4.19 percent to close the week on 222.08 points, pushed by gains in heavyweight counters.
Financial group FBC Holdings has reported a three percent increase in after-tax profit to $9.6 million in the six months to June, from $9.3 million recorded in the same period last year, on cost cutting.
Former Movement for Democratic Change treasurer Roy Bennett, who was among the first to ditch party leader Morgan Tsvangirai, was at one time “over the moon” with Tsvangirai’s leadership after he started “cleaning house” by replacing Women’s Assembly leader Lucia Matibenga.
The absence of Vice-President Emmerson Mnangagwa from the Heroes’ burial of Maud Muzenda and George Rutanhire following reports of his food poisoning two weeks ago, yesterday prompted President Robert Mugabe to query why there was so much talk about witchcraft in Masvingo, because he was now being implicated too.