Business

HANGING TREEE: Where British settlers hung nine Ndebele warriors more than 100 years ago at the height of the Umvukela (Matabeleland uprisings) in 1896-7, along JMN Nkomo Street between Connaught Avenue and Masotsha Ndlovu Avenue, is a national monument as it symbolises both subjugation and resistance to colonialism by the Zimabwe’s citizens. Brits settlers hung nine Ndebele warriors on Hanging TreePhoto from Olive Schreiner’ book Trooper Peter Halket of Mashonaland IT is more than 100…

Massive defections have hit the MDC-Alliance in recent times, with veteran leaders and the party’s rank and file expressing dissatisfaction with the party’s leadership and direction. During yesterday’s meeting, defectors from MDC-Alliance were also joined by some members from the Alliance for People’s Agenda (APA). Speaking during the meeting, Zanu-PF Bulawayo Province interim chairperson Cde Obert Msindo said Zanu-PF was a broad tent that welcomes everyone. “Zanu-PF can never be filled-up. Everyone who wants to…

A HARARE man, who seriously injured a seven-year-old girl in a hit-and-run accident has been arrested after a recording of the incident went viral on social media.Police spokesperson Assistant Commissioner Paul Nyathi said Herbert Chakanyuka was arrested after the accident was captured on a closed circuit television camera.The incident occurred at the traffic lights-controlled intersection at Borrowdale road and Harare Drive.“The Zimbabwe republic Police confirms that the suspect has been arrested and the victim has…

THE government has been forced to reintroduce its defunct Agricultural Finance Corporation (AFC) after financial institutions grouped under the Bankers Association and resolved not to accept the state-issued 99-year farm leases.Agriculture Minister Anxious Masuka said his government had over the past 10 years held discussions with senior bank executives as they dangled a carrot for the bankers to finance the state issued 99-year farm leases.The government’s proposal is that the farm leases will enable resettled…

Iphuthile Maphosa, the Zapu spokesperson, said the decision was taken at a special meeting of the party’s National People’s Council held in Bulawayo yesterday.Former Zapu members in the current Parliament include education minister Cain Mathema and his Small and medium enterprises counterpart Sithembiso Nyoni.“Our letter of recalls will be delivered to Parliament as soon as it re-opens after the holidays,” Maphosa said.“We are doing so because we have moved out of the Unity accord, which…

Zimbabwe hit by a serious milk shortage, with dairy farmers citing viability challenges emanating from poor producer prices, it has emerged. Zimbabwe Association of Dairy Farmers (ZADF) chairperson Kudzai Chirima told Standardbusiness that prices offered by milk processors to farmers were not viable.Some farmers have quit dairy farming.“We have a milk shortage in the country. Farmers realised that it’s not viable to produce milk at the moment because of the prices that are being paid…

Benson Moyo (26) and wife Tafadzwa Moyo, whose ages were not given in state papers, both from Chipikiri village under Chief Masunda in Zvishavane, colluded to rape the complainant, who is a niece of Benson after she was left in their custody.Gweru regional magistrate Pathekile Msipa convicted the duo after a full trial and sentenced them to 17 years before suspending two years on condition of good behaviour.The couple, who kept on changing their defence…

MDC-T senators were cajoled into voting with Zanu-PF to pass controversial amendments to the constitution in the hope that the ruling party will return the favour by backing it in its battles with the mainstream MDC alliance, it has emerged.The Douglas Mwonzora-led party made a stunning somersault last week by backing the amendments that will see President Emmerson Mnangagwa single-handedly picking the chief justice, deputy chief justice and the judge president.Mwonzora was one of the…

ZIMBABWEAN a catering manager for Remote Site Solutions, one of the contracted companies at the multi billion-dollar gas projects being built by France’s Total and other energy companies remains missing after Mozambique’s Palma terrorist attack in Mozambique one of Africa’s poorest and underdeveloped countries despite having the potential of its natural resources. FEARS are growing for a 38-year-old Zimbabwean man missing since March 24 when Islamist insurgents launched an attack on the northern Mozambican coastal…

THE continued imposition of illegal sanctions will not stop Zimbabwe’s economic transformation as the country is building robust internal capacities to create wealth and expand job opportunities for its citizens, Vice-President Dr Constantino Chiwenga said yesterday.The rollout of the National Development Strategy (NDS1 2021-2025), which builds on the milestones achieved under the Transitional Stabilisation Programme (TSP), marks the march towards realisation of this transformation, with the ultimate goal being to achieve an upper middle-income economy…