‘Eighty Parastatals Are Not Making A Profit’ – Mabvuku Tafara MP James Maridadi

  MABVUKU-TAFARA MP James Maridadi has said Zimbabwe’s parastatals were not generating any profits hence that was a sign that the country’s economy was not functioning properly.   “There is something in Corporate Strategy, which is called ‘root cause analysis’. What it means is that when you see a problem and you want to deal with the problem, you do what is called an analysis of the root cause of that problem,” he said.  …

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Cash Strapped Zanu PF Regime To Stagger War Vets Pension Pay Dates

Cash Strapped  Zanu PF Regime To Stagger War Vets Pension Pay Dates

Government yesterday announced it will be staggering pension payment to war veterans and spouses of national heroes and ex-political prisoners, detainees and restrictees. In a statement, the Public Service Commission said any inconviencies caused were sincerely regretted. “The Public Service Commission wishes to advise that the Ministry of Finance has staggered pensioners’ pay dates as follows: November 6 – war veterans’ pension, war veterans’ spouse and children’s pension, ex-political prisoners, detainees and restrictees’ spouse and…

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ZIMRA Marginalising Mat’South, Collects US$2m Daily At Beitbridge Border, But No Development – Mphoko

ZIMRA Marginalising Mat’South, Collects US$2m Daily At Beitbridge Border, But No Development – Mphoko

Acting President Phelekezela Mphoko has said the impoverished Matabeleland South is Zimbabwe Revenue Authority’s cash cow as it collects a cool $2m daily. The money is collected at Beitbridge border post but the funds are used to develop other areas. In Matabeleland North there’s drought and people are suffering while Matabeleland South has since become Zimbabwe Revenue Authority’s cash cow. Zimra collects about $2 million per day through Beitbridge border post but there’s little to…

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Breaking News: Civilian Russian Airliner Has Crashed With 224 Passengers In Egypt

  Breaking News:-About and hour ago, there were reports that a passenger jet has been lost from radar, with concerns over what has happened to it. The Egyptian Prime Minister’s office has now confirmed that a civilian, Russian A321 airbus Passenger Jet , belonging to the Russian company Metrobus airline, filled with holiday goers, on a four and half hour flight from Egypt to Russia has crashed in Egypt Central Sinai region with 217 passengers…

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Chipinge Man Sentenced To Nine Years In Prison For Possessing 2 Python Skins

Chipinge Man Sentenced To Nine Years In Prison For Possessing 2 Python Skins

CHIPINGE: A local man who was found in possession of two python skins worth $2, 000 each and 300 grammes of dagga in his bedroom has been caged for nine years by a local magistrates’ court. Jealous Mhlanga, 32, of Hangani Village under Chief Mutema in Chipinge pleaded guilty when he appeared before magistrate Sharon Chipanga. He was facing charges of contravening section 45(1) (b) of the Parks and Wildlife Act Chapter 20:14 which prohibit…

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Mugabe , Odd Man Out As Usual, Refuses To Kit Out In Local Indian Attire

AS part of the pomp and circumstance at the ongoing India-Africa Forum Summit in Delhi this week, African leaders were invited to kit out in colourful traditional Indian attire for a group photo. All the visiting African leaders complied, except one. Sticking out like a sore thumb in his light blue western suit, was Zimbabwe’s President Robert Mugabe. His unexplained defiance of the dress code, necessarily invited speculation. Was the veteran contrarian being true to…

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Sir Fall -A- Lot Mugabe Nearly Tumbles And Indian PM Helps The 91-Year Old Despot, Break His Fall

Sir Fall -A- Lot Mugabe Nearly Tumbles And  Indian PM Helps The 91-Year Old Despot, Break His Fall

INDIAN PM Narendra Modi Thursday helped President Mugabe break his fall after the 91-year old leader lost balance and nearly tumbled while walking up the podium. Mugabe was going to greet Modi when he missed a step and stumbled. An alert Modi immediately stepped forward and extended his hand to hold Mugabe’s before helping him up the podium. The two promptly shook hands with Mugabe pretending as if all was well. But soon after the…

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Zimbabwe Owing 2015 AU Subsciption: R600 Million Needed To Settle, Foreign Missions Debt

Zimbabwe Owing 2015 AU Subsciption: R600 Million Needed To Settle, Foreign Missions Debt

Zimbabwe has not yet been able to pay its 2015 annual subscription to the AU although President Robert Mugabe is the current chairman of the organisation. Nor can it pay its rent at most of its 45 missions around the world and it has not paid its foreign staff for much of this year, according to the parliamentary portfolio committee on foreign affairs, which this week heard reports of the sorry state of Zimbabwe’s diplomatic…

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Over 200 Bulawayo’s ‘Old Nic Mine’ Workers Sent Home As Zesa Cuts Power To Mines

MORE than 200 workers at Old Nic Mine in Killarney, Bulawayo have been sent home amid indications that more mines are facing closure following the directive by Zesa to reduce their power consumption by 25 percent. Olympus Golden Mines Limited, which owns Old Nic Mine, Golden Quarry Mine in Shurugwi, Venice Mine in Kadoma and Turk Mine in Inyathi, announced on Monday that it was sending all the workers at the Bulawayo mine on unpaid…

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