Riot Police Move In After BANC-ABC Bank Fires 75 Workers, Sparking Demonstrations

Riot Police Move In After BANC-ABC Bank Fires 75 Workers, Sparking Demonstrations

BANC-ABC has fired 75 workers, sparking demonstrations outside its Arundel offices as the financial institution joins a growing list of Zimbabwean companies taking advantage of a recent Supreme Court ruling which makes it easier to dismiss employees without severance pay. The fired workers staged demonstrations on Tuesday at the bank’s local head office in protest against the dismissals they claimed were illegal, forcing management to call riot police who subsequently sealed off entrances into the…

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‘International Monetary Fund (IMF) Rules Out Financial Assistance To Zimbabwe’

The International Monetary Fund (IMF), which is dispatching a mission to Harare next week, has ruled out giving any financial assistance to Zimbabwe until all external debts are settled. The IMF is expected in the country from August 31st to September 11th to undertake the second review of the Staff Monitored Programme (SMP). Last year the IMF agreed to a successor SMP – an informal agreement between country authorities and the global lender designed to…

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‘Look Beyond , Mugabe & Tsvangirai Failed Solutions To Economic Problems’ Eric Knight

Eric Knight Former Zimbabwe Broadcasting Corporation presenter, yesterday said President Robert Mugabe and MDC-T leader Morgan Tsvangirai had failed to proffer solutions to the economic problems the nation faces, resulting in the need to look beyond the two leaders. Knight, who was affectionately known as “The General” during his heydays when he was a presenter on ZBC channel Radio 2 posted on his Facebook page. During the 2013 Parliamentary elections, he contested for the Mbare…

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ZIMRA Holding 50 New ZUPCO, Chinese Buses US$50 000 Duty Each, 6Months So Far

ZIMRA Holding  50 New  ZUPCO, Chinese Buses US$50 000 Duty  Each, 6Months So Far

The Zimbabwe United Passenger Company (ZUPCO), whose 50 brand-new buses are bonded over non-payment of import duty, has appealed to the taxman to release some of the buses to allow the firm to quickly raise funds to settle the debt. Zupco was charged US$50 000 duty for each of the buses imported from China, but since February this year, the buses have been gathering dust in a bonded warehouse due to the company’s failure to…

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Illegal Panners Threaten $206m Bulawayo-Harare Road ‘Kwekwe -Munyati Bridge 30km’

Illegal Panners  Threaten $206m Bulawayo-Harare Road  ‘Kwekwe -Munyati  Bridge 30km’

A 30-kilometre stretch from Kwekwe to Munyati River Bridge along the Kwekwe–Harare highway is under threat from illegal panners and registered mines whose operations are now approaching the shoulders of the road. So bad is illegal gold panning that the Environmental Management Agency (EMA) has engaged other arms of the government like the ministries of Mines and Mining Development and Home Affairs to assist in bringing sanity to the mining operations there. EMA officials said…

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Kholwani Nyathi , Appointed By Alpha Media Holdings (AMH) As Editor Of The Standard

Kholwani Nyathi , Appointed By Alpha Media Holdings  (AMH) As Editor Of The Standard

Alpha Media Holdings has made key editorial appointments as it aligns its self with a new business model. Below is an internal memo sent to staff announcing changes. STAFF NOTICE FROM       :    MANAGING DIRECTOR TO             :    ALL STAFF SUBJECT  :    STAFF CHANGES Dear Team, As you are all aware, the business has been going through a number of changes to enable it to achieve three main objectives as set out early in…

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Town Clerk, Mahachi’s ,-22 Demands, US$Millions ,Belvedere Mansion, 2Vehicles Exit Package

Town Clerk, Mahachi’s ,-22 Demands, US$Millions ,Belvedere Mansion, 2Vehicles  Exit Package

  This comes at a time when the City planned on sending home 3 000 workers on three months’ notice devoid of benefits. According to a letter written by his lawyers to Harare Mayor Councillor Bernard Manyenyeni that is in The Herald’s possession, Dr Mahachi who earned more than $27 000 monthly, wants council to pay him over $100 000 for every year he served. He joined council in 2007. Dr Mahachi is on forced…

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Zimbabwe Gvt To Erect 10 New ‘Tollgate Cash Cows’ Across Major Roads In Coming Weeks

Zimbabwe Gvt To Erect 10 New ‘Tollgate Cash Cows’ Across Major Roads  In Coming Weeks

Mugabe’s cash strapped Zanu PF regime will erect  10 new tollgates across the nations major highways in Zimbabwe in what is obviously a desperate attempt to raise funds from the  public. The ammendment and gazzeting of Statutory Instrument 39, Toll Roads (Road Network) Regulations (2009),this week will kickstart the construction of the much hated highway structures. The tollgates will be erected on the Harare-Beitbridge, Harare-Chirundu (Karoi), Harare-Bindura-Mt Darwin, Chivhu–Nyazura (Magamba), Mutare–Masvingo (Dewure) and Masvingo-Beitbridge (Mwenezi Growth Point) roads. The…

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Italian Coast Guard Rescues 4,400 Migrants In One Day In The Mediterranean Coast

Italian Coast Guard Rescues  4,400 Migrants In One Day In The Mediterranean Coast

In what is now becoming an unprecedented wave of migration since the second world war, Smugglers are reported to have suddenly taken advantage of generally stable sea conditions to launch migrant boats, mostly overcrowded rickety ones from the Lybian Coast, causing the Italian Coast guard to launch a massive rescue operation in which an estimated 4,400 migrants were rescued in just one day in a total of  22 rescue operations on Saturday. Italian Coast guard, Navy…

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ATM Styled , Clean Water Dispensers, Deployed In Kenyan Slums- Half A Shilling For 20 Litres

ATM Styled , Clean Water Dispensers, Deployed In Kenyan Slums- Half A  Shilling For 20 Litres

The innovative new system allows people swipe a smart card that is topped up at a kiosk or through a mobile phone to allow water flow the mouths of the dispensers. Although this is not the first time the scheme is been used in Kenya, it is the first time an urban area will play host to an innovation of this kind. Water scarcity has been an issue in Kenya for decades; only a small percentage…

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