Thursday, October 18, 2018
Tawanda Musarurwa HARARE - Professor Mthuli Ncube has replaced Patrick Chinamasa as Zimbabwe’s Minister of Finance as President Emmerson Mnangagwa announced his new cabinet this afternoon. Prof Ncube is expected to drive the new Government’s drive towards economic revival. Prof Ncube is a financial, economics, investment, and public policy expert and has...
The signing of the Lancaster House Agreement on 21 December 1979 ended a bloody war of liberation. What was the general background to the conference? The armed struggle for the liberation of Zimbabwe intensified in the late seventies. The Rhodesian government was compelled to seek a settlement but was not prepared...
The year 1997 was a pivotal one for Zimbabwe as many factors coalesced into crisis. This week we discuss “Black Friday”, the day when there was a sudden drop in the value of the Zimbabwe dollar in the official auction system followed by a dramatic fall in share prices. Set...
In Part 3 of the life of Robert Mugabe, we follow his career to the eve of the Lancaster House negotiations. Remind us of previous events. Cde Mugabe was arrested and imprisoned for making subversive statements and involvement with the struggle. While in Harare, he shared a prison cell with nationalists like...
This week, in commemoration of the first Public Holiday on 21 February, we continue our overview of the life of former President Robert Mugabe, starting in 1960 when he decided to stay and fight for the cause. Did 1960 change everything? Racial inequity triggered strikes by black workers in the 1940s,...
Hwange, Zimbabwe’s biggest National Park, turns 90 this week. Review the state of conservation before Hwange. The oldest National Park in the world was declared as such in 1778, consisting of the area surrounding Bogd Khan Uul Mountain, in Mongolia. Its natural beauty inspired the local Mongolian government of the Qing Dynasty...
With the Easter crowds, we take a look at the method and madness behind the venerable institution of queuing What is a queue? The word queue comes, via French, from the Latin cauda, meaning “tail.” Most researchers in the field prefer the spelling “queueing” over “queuing”, although the latter is somewhat...
Enacy Mapakame HARARE - Zimbabwean youths in the tourism sector are joining their regional counterparts in lobbying for more conducive environment for their participation in the sector as they move towards boosting its global market share and contribution towards the economy. At a conference to be held in Bulawayo from 19 to...
Tawanda Musarurwa Bank loans are estimated to have increased to $3,8 billion last year from $3,69 billion, as the sector crept towards its highest level in loan book size post-dollarisation. The record of $4,01 billion was set in 2014. But is the economy really benefiting? An analysis of the numbers say: “Not...
Michael Magoronga Zimbabwe Electricity Supply Authority (ZESA) has cut off power supply to Kwekwe based ferrochrome producer, Portnex Private Limited over a bill estimated to be hovering above $28million. Portnex is producing ferrochrome using the Zimasco Western Plant on a 5 year lease agreement. ZESA Holdings Public Relations Manager Mr Fullard Gwasira...