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Foreign investors shun Zimbabwe
ZIMBABWE continues to struggle to attract investment with information from the Macro-Economic Planning and Investment Promotion ministry showing the country hosted 80 business delegations last year,...
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Belarus mining equipment deal in limbo
A US$30 million diamond mining equipment deal between Zimbabwe and Belarus could be in limbo after government moved to arbitrarily consolidate mines operating in Marange fields despite their...
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Zimbabwe pledges to cut spending during IMF visit
ZIMBABWE will sharply reduce its public sector wage bill and improve fiscal discipline, Finance Minister Patrick Chinamasa said on Wednesday, as he looked to reassure a visiting delegation from the […]...
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Video: Finance minister Patrick Chinamasa speaks civil service wage bill cut
' The post Video: Finance minister Patrick Chinamasa speaks civil service wage bill cut appeared first on The Zimbabwe Independent.
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BREAKING: MP Chidavaenzi found dead
MAZOWE North Member of the House of Assembly Edgar Chidavaenzi was found dead today in his room at a hotel in Harare. The Zanu-PF legislator was found by hotel staff […] The post BREAKING: MP...
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Grace sucked into fuel scam
FIRST Lady Grace Mugabe—through her son Russell Goreraza—has been dragged into a US$3 million fuel scam in which a local oil company is accusing a British Virgin Islands-domiciled firm of […] The post...
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Govt splurges millions on VPs mansions
GOVERNMENT has forked out US$3 million on accommodation for the country’s two Vice-Presidents Emmerson Mnangagwa and Phelekezela Mphoko after it bought houses for them in Harare’s affluent suburbs at a...
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Succession rocks diamond mining
GOVERNMENT’S recent arbitrary closure of diamond mining companies operating in Chiadzwa, which has thrown the sector into turmoil and sent shockwaves among investors, is in fact part of President...
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Faction defies imposed provincial chairpersons
The suspended chairpersons are all Mnangagwa’s allies and have made a stand against First Lady Grace Mugabe, who is part of the Generation 40 (G40) faction trying to shipwreck his […] The post Faction...
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Minister in invidious position
TRANSPORT minister Joram Gumbo, who came into cabinet for the first time last September with a clean record compared to most of his scandal-ridden colleagues, now finds himself in an […] The post...
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Mozambique clashes may disrupt coal mining in Tete, PGI says
CLASHES between Mozambique’s main opposition Mozambican National Resistance movement and government forces may disrupt coal mining in the western Tete province and could result in insurgents targeting...
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Mnangagwa’s China trip angers Mugabe
PRESIDENT Robert Mugabe is reportedly angry with Vice-President Emmerson Mnangagwa over his trip to China last year in which his deputy came out of high-level meetings acting like someone who […] The...
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War veterans whipped into line
SECURITY ministers, state security service chiefs and war veterans held a meeting in Harare yesterday to prepare for their upcoming engagement with President Robert Mugabe on April 7, in a […] The post...
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Brazil demands agric facility audit
THE Brazilian government has demanded an audit of the US$38 million agricultural equipment it supplied last year to establish if the farming implements were not distributed on partisan political lines...
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Cabinet approves company closures
GOVERNMENT yesterday ordered the cancellation of operating licences of companies that have not complied with the country’s controversial indigenisation laws after a unanimous cabinet resolution on...
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Mugabe agonises over Mnangagwa
PRESIDENT Robert Mugabe, who is increasingly leaning towards Zanu PF’s G40 faction, is said to be agonising on whether to keep or remove Vice President Emmerson Mnangagwa as purges of […] The post...
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Row over coffee shops intensifies
THE row over the granting of coffee shop concessions at Zimbabwe’s major airports has intensified, with the Zanu PF-owned catering company, Catercraft senior management complaining that some companies...
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Mugabe grilled over indigenisation
JAPANESE business leaders this week grilled President Robert Mugabe in Tokyo on the controversial indigenisation regulations that have unnerved investors, as his nephew Patrick Zhuwao, in charge of the...
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Minister infuriates Indians over deal
“The minister said the deal was plagued by corruption. He said at least US$5 million was paid in kickbacks and bribes,” one executive who attended the meeting said this week. […] The post Minister...
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Zanu PF youths turn up heat on CABS
ZANU PF’s Youth League has turned up the heat on the country’s largest mortgage lender CABS for failing to fully commit a US$10 million facility for on-lending to youth development […] The post Zanu PF...
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