‘Only 1 indigenisation transaction concluded, & all major mining deals ‘abandoned’,

‘Only 1 indigenisation transaction concluded, & all major mining deals ‘abandoned’,

ADVISORY firm Brainworks Capital on Thursday said only one indigenisation deal had been consummated by government, while transactions worth over $1 billion with major platinum mining firms Anglo American Platinum, Impala and Aquarius had been abandoned. Zimbabwe’s Indigenization Act — enacted in 2008 — requires foreign owned companies valued at over $500,000 to cede 51 percent to black locals. The local ownership law has been cited as a major impediment to foreign investment in an…

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‘Zimbabwe on brink of total collapse and bringing down the Southern Africa region’

‘Zimbabwe on brink of total collapse and  bringing down the Southern Africa region’

 Zimbabwe is teetering on the verge of total collapse and could drag the whole Southern African region into unprecedented chaos if President Robert Mugabe and his ruling Zanu PF are not reined in soon, the main opposition MDC T led by former prime minister Morgan Tsvangirai has warned. Warming up to the idea of confronting Mugabe and Zanu PF head-on as suggested by liberation struggle stalwart Rugare Gumbo, the MDC T said yesterday that the…

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Zimbabwe Revenue Authority (ZIMRA) raises duty on all second hand cars

Zimbabwe Revenue Authority (ZIMRA)  raises duty on all second hand cars

  The Zimbabwe Revenue Authority (ZIMRA) unilaterally increased import duty on all second-hand motor vehicles with effect from last Wednesday.The move has resulted in duty for a wide range of motor vehicles increasing by between $200 and $400, while those importing top-of-the-range second-hand models are forking out more. Where importers used to spend at least $6 000, they now need $400 more. A ZIMRA official at Beitbridge Border Post said the changes sought to ensure…

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‘US shooter had Rhodesian and Apartheid SA flags on his jacket’-now in custody.

‘US shooter had Rhodesian and Apartheid SA flags on his jacket’-now in custody.

The shooter in US has been identified by the FBI  as 21 year old  Dylann Roof of Columbia area, the capital of South Carolina. Interestingly Dylann’s  Facebook profile photo shows him wearing a jacket that has   the Rhodesian or former Zimbabwe flag,  and apartheid South Africa flags. He reportedly shouted that he wanted to shoot black people before opening fire. It is also reported that he received  a gun, a 45 calibre pistol for his 21st…

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BREAKING NEWS: Mass shooting at African Methodist Episcopal Church in US

BREAKING NEWS: Mass shooting at African Methodist Episcopal Church in US

The US has experienced another mass shooting incidence, that occured at the Emmanuel  African Methodist Episcopal Church. The culprit behind the shooting, a white man, has yet to be arrested and no further shootings have yet been reported, but US police have launched a massive manhunt for the shooter. There are 8 people who were reportedly shot in the US city of Charleston in South Carolina. The suspect is 21, white, slender and wearing blue jeans. The…

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‘Sudan leader Al-Bashir must rot in jail’, says Julius Malema

‘Sudan leader Al-Bashir must rot in jail’, says Julius Malema

SOUTH Africa’s opposition EFF leader Julius Malema says his party will persuade other African states to make an about-turn on Sudanese President Omar al-Bashir, ensuring he “rots in jail”. Malema was speaking at his party’s Youth Day commemoration in Limpopo. Al-Bashir flew out of South Africa on Monday before the North Gauteng High Court ruled that he should be arrested on the warrant issued by the ICC. As an ICC signatory, South Africa was obliged…

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Botswana dissapointed that Omar Al-Bashir fled arrest

Botswana dissapointed that Omar Al-Bashir fled arrest

Botswana yesterday said it was disappointed that Sudanese President Omar Al-Bashir fled arrest in South Africa and poked holes on President Robert Mugabe’s claims that Africa does not want the International Criminal Court (ICC). The Botswana government said the African Union (AU) should assist the international community in seeking justice for victims of the genocide in Sudan’s Darfur region. A South African court ordered Bashir’s arrest on Monday, but Al-Bashir, who is wanted by the…

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‘Mugabe stops Mujuru prosecution because the evidence has dissappeared’

‘Mugabe stops Mujuru prosecution because the evidence has dissappeared’

President Robert Mugabe has ordered the state not to prosecute his former deputy, Joice Mujuru, for corruption because the incriminating evidence has disappeared. During her meet the people national rallies where she was campaigning for the Zanu-PF’s Women’s League post last year his wife Grace accused Mujuru of demanding 10% from foreign investors as a bribe. She further alleged that the ousted Vice President flouted tender procedures and defied government’s indigenisation policy by importing chickens…

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Zimbabwe’s Deputy Home Affairs Minister appeals for assistance in tracing Itai Dzamara’

Zimbabwe’s Deputy Home Affairs Minister  appeals for assistance in tracing Itai Dzamara’

Zimbabwe’s Government , the Robert Mugabe Zanu PF regime has put out a call for assistance , by appealing to the public for any information that could help in finding the whereabouts of the abducted and missing activist, ‘Itai Dzamara’. Itai Dzamara was reportedly abducted nearly 100 days ago and since then no  clues relating  to the kidnapping, of the activist have yet been found and the Zimbabwe government has come under pressure from Australia, France, US  and the…

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Sadc and the AU should help solve Zimbabwe crisis-Obert Gutu (MDC T)

Sadc and the AU should help solve Zimbabwe crisis-Obert Gutu (MDC T)

Zimbabwe is now at the crossroads. Everything that can go wrong has since gone wrong. It is apparent that the Zanu PF regime is totally clueless regarding how to extricate the country from this debilitating economic mayhem and liquidity crunch. We are at the deep end. No amount of propaganda and spin can camouflage the excruciating and grinding poverty that is being experienced by the majority of the people on a daily basis. Something has…

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