Movement for Democratic Change sectary-general Douglas Mwonzora says the recent decision by President Emmerson Mnangagwa to give vehicles to the country’s 280 chiefs is an evil system based on patronage and is aimed at oiling the Zimbabwe African National Union-Patriotic Front’s ruthless campaign machinery.
Speaker of Parliament Jacob Mudenda today asked a very rhetorical but pertinent question when Zimbabwe’s First Lady Auxillia Mnangagwa who is a Member of Parliament for Chirumanzu-Zibagwe stood up in the House while he was speaking “How do I address you now?” he asked amid laughter from the Members, but the question was left unanswered.
Border Timbers is hoping to have at least $5 million in tax penalties written off, and allow it to enter into a scheme of arrangement with creditors and eventually come out of judicial management.
Moribund steelmaker, Ziscosteel today announced that it will be seeking approval from its minority shareholders to allow Government to assume its debt estimated at $450 million, and its takeover by Hong Kong firm, Tian Li.
Beverage maker Delta Corporation reported a 24 percent increase in revenue for the third quarter to December 31 driven by a sharp rise in demand over the festive period.