Jacob Chisese, the former chief executive of the Financial Gazette, has become the first casualty of the paper’s acquisition by Associated Newspapers of Zimbabwe, owners of the Daily News, after being demoted from CEO to chief operating officer of ANZ.
Zimbabwean journalists are busy fighting for and protecting the rights of everyone else except their own.
Movement for Democratic Change leader Morgan Tsvangirai today lamented the poor status of workers in the formal sector and called on Zimbabweans to make “Election Day” next year the real Workers’ Day by voting in a new government that will bring back the dignity of the ordinary Zimbabwean.
Zimre Holdings narrowed its loss by 90 percent to $2.2 million for the full-year to December, from $23.1 million recorded in the preceding year on increased business retention and cost containment measures.
The United States was already speculating way back in 2000 that Emmerson Mnangagwa could become President Robert Mugabe’s successor after Mugabe brought Mnangagwa back from political oblivion when he lost his Kwekwe seat to a novice Movement for Democratic Change politician but was appointed to the powerful post of Speaker of Parliament.
Padenga Holdings is seeking shareholder approval to set up a share option scheme for its workers and grant options to its management, which will give the two groups an equivalent of 15 percent of the company’s issued share capital and allow it to meet indigenisation requirements.