Zimbabwe To Secure US$200 Million Loan From Afrexim Bank To Ease Cash Shortages

Zimbabwe To Secure US$200 Million  Loan From Afrexim Bank To Ease Cash Shortages

  Zimbabwe will soon get US$200 million from Africa Export-Import Bank to ease cash shortages that beset some towns and cities over the weeks. The money will be released from Afreximbank’s nostro and export facility following discussions with the Reserve Bank of Zimbabwe. A nostro account is a bank depository held in a foreign country and denominated in the currency of that land. Such accounts essentially facilitate import and export payments, especially in the case…

Read More

Prominent Bulawayo, Nightclub Patrons Terrorised By Unidentified ‘GAS’ Discharged On Premises

Prominent Bulawayo, Nightclub Patrons Terrorised By Unidentified ‘GAS’ Discharged On Premises

BAR patrons at a swish establishment – Cloud 9 Emirates Restaurant and Pub in Bulawayo, last Saturday were literally left gasping for air, after an unidentified gas substance was discharged in the premises by hooligans, Sunday Life can reveal. The unidentified substance, said patrons, was suffocating, made them vomit and was irritating to the eyes. It is alleged the incident is linked to the ongoing ownership wrangle of the nightclub, between the principal Indian investor…

Read More

Masvingo City Council To Repossess At Least 200 Undeveloped Residential And Commercial Stands

Masvingo City Council To Repossess At Least 200 Undeveloped Residential And Commercial Stands

MASVINGO City Council has resolved to repossess all undeveloped stands in the city, a situation which will result in at least 200 residents and companies losing their stands. Sunday News reported that according to latest minutes of public works committee meeting held recently, the local authority noted that owners of the stands will have an option to either dispose them or lose them to council. The meeting agreed that while there was an appreciation of…

Read More

‘Zanu PF Bought Tsvangirai , Who Sold Out The Democratic Struggle For Zimbabweans’- Thomas Mapfumo

‘Zanu PF Bought Tsvangirai ,  Who Sold Out The Democratic Struggle  For Zimbabweans’- Thomas Mapfumo

Exiled Zimbabwean music legend Thomas Mapfumo has claimed that opposition leader Morgan Tsvangirai sold out the democratic struggle in Zimbabwe and has since joined what he called “the money brigade”. Nehanda Radio reported that Mapfumo who is based in the United States, said Zimbabweans no longer had anyone to lead them in the fight against President Robert Mugabe’s oppressive regime. Mapfumo claimed Tsvangirai had come away from a trip to the United States “empty handed…

Read More

‘Zimbabwe’s Murder Cases Have Doubled, Over A Six Year Period’-Zimbabwe National Statistics Agency (Zimstats),

‘Zimbabwe’s Murder Cases Have Doubled, Over  A Six Year Period’-Zimbabwe National Statistics Agency (Zimstats),

MURDER cases in the country have doubled over the past six years with police saying most of the cases involved domestic violence and beer drinking among other social issues. According to data obtained from the Zimbabwe National Statics Agency (Zimstats), there has been a 117 percent increase in murder cases over the period under review. Sunday News reported that the Zimstat Quarterly Digest of Statistics for the fourth quarter of 2015 shows that 1 387…

Read More

At Least 2, 000 Dressed Chickens ‘Stolen’ From Chicken Inn ‘ – Bulawayo Police Inspector Precious Simango

Bulawayo police spokesperson Inspector Precious Simango AT least 2 000 dressed chickens reportedly went missing last week from Chicken Inn’s Bulawayo holding depot with officials suspecting that this could be an inside job. Bulawayo police spokesperson Inspector Precious Simango confirmed that the company reported the matter to the police but no arrests have been made. “For now I can confirm that we are handling a case of unlawful entry and theft at the Cold Storage…

Read More

Bulawayo City (BCC) Says It Can’t Afford To Service Proposed 20, 000 Zanu PF Youth Stands On 300 Hectares

Bulawayo City (BCC) Says It Can’t Afford To Service Proposed 20, 000 Zanu PF Youth Stands On 300 Hectares

  THE Bulawayo City Council (BCC) has said it has no capacity to service 20 000 stands at one go following an announcement by the Government that it was planning to set a youth suburb in the city. Minister of Local Government, Public Works and National Housing, Cde Saviour Kasukuwere last week said he was going to order BCC to avail an initial 300hectares of land in the city for the construction of a new…

Read More

Zimbabwe’s Fuel Price Goes Up,..Again!

Zimbabwe’s Fuel Price Goes Up,..Again!

Soon after Zimbabweans, held a powerful MDC T, ‘Mother Of All Demonstrations’ in Harare, in protest against  against the continuously deteriorating economy under the despot Mugabe, Zim1 family, Zanu PF stalwarts and Securocrats, Mugabe’s Zanu PF regime has gone ahead to announce a fuel price increase. Zimbabwe’s Petrol and diesel prices have gone up from  US$1,19 and USc94   respectively,  to US$1,27 and US$1,09 per litre. Fuel prices in Zimbabwe are generally much  higher than average Southern…

Read More

High Court Rules, 300 Samba Ranch Families In Chiredzi To Be Evicted To Pave Way For Businessman

High Court Rules, 300 Samba Ranch Families In Chiredzi To Be Evicted To Pave Way For Businessman

ABOUT 300 families settled at Samba Ranch Farm in Chiredzi are facing eviction to pave way for businessman Mr Moses Chingwena who was reportedly granted a High Court order to evict the families. The national land inspectorate has reportedly set a taskforce to oversee the evictions of the illegal settlers who have been at the farm for the past 15 years. Minister of State for Provincial Affairs for Masvingo Shuvai Mahofa said the national lands committee…

Read More

‘ANC Was Buried With Mandela’ Freedom Fighters Leader Julius Malema

‘ANC Was Buried With Mandela’ Freedom Fighters Leader Julius Malema

Pretoria – The failure of the ANC and its president, Jacob Zuma, to fill the Nelson Mandela Bay Stadium in Port Elizabeth was a clear indication that the ANC was dead, according to Economic Freedom Fighters leader Julius Malema. He was addressing thousands of party members in Mamelodi during the Solomon Mahlangu Memorial Rally on Saturday, News24 reported. “The ANC is history, Zuma is history, and the ANC was buried with Nelson Mandela. That was…

Read More
1 932 933 934 935 936 1,200