Published on: 11th March, 2010
ZIMBABWE – HARARE – THE Ministry of Finance yesterday allocated US$100 million from the US$510 million Special Drawing Rights from the International Monetary Fund to ministries, parastatals and local authorities for infrastructure development.
Finance Minister Tendai Biti said this was in line with efforts to stimulate real economic growth after Government managed to stabilise the economy [...]
Published on: 11th March, 2010
ZIMBABWE – HARARE – Vice President John Landa Nkomo has said the onus of rescuing Zimbabwe from targeted sanctions lay in the performance of State enterprises and parastatals.
Speaking at a one-day workshop on practical strategies to turnaround parastatals, VP Nkomo said State enterprises must complement any foreign investment.
“For the economy to quickly stabilise, we need [...]
Published on: 11th March, 2010
ZIMBABWE – HARARE – WAR VETERANS chairman Jabulani Sibanda has castigated the media for unnecessarily blowing petty differences within the Zimbabwe National Liberation War Veterans Association into a crisis.
Addressing journalists in Harare yesterday, Sibanda expressed his willingness to seek re-election at the association’s next congress.
“Nothing has changed in the association’s leadership. I want to [...]
Published on: 11th March, 2010
ZIMBABWE – HARARE – Prime Minister Morgan Tsvangirai has defended Zimbabwe’s indigenisation laws and regulations saying they promote the citizenry’s interests and must not scare away foreign investors.
At a symposium on public-private partnerships yesterday, PM Tsvangirai said the policies would result in greater Zimbabwean participation in the economy.
“I want to assure you that there is [...]
Published on: 9th March, 2010
ZIMBABWE – HARARE – Government is set to build three more State Universities in the next five years in Matabeleland South, Mashonaland East and Manicaland.
These provinces are the only ones not presently hosting State universities. Higher and Tertiary Education Permanent Secretary Dr Washington Mbizvo said this while giving oral evidence before a Parliamentary Portfolio Committee [...]
Published on: 9th March, 2010
IRANIAN President Mahmoud Ahmadinejad on Monday underlined Tehran’s support for Zimbabwe. Speaking at a meeting with President Mugabe’s special envoy to Tehran Presidential Affairs Minister Didymus Mutasa, the Iranian leader said the Islamic Republic of Iran would stand by Zimbabwe against the ongoing ‘illegal’ economic sanctions imposed by the hegemonic Western powers.
Mr Ahmadinejad said [...]
Published on: 9th March, 2010
ZIMBABWE – HARARE – Some Harare City workers yesterday besieged Town House demanding the immediate reinstatement of fired unionist Mr Cosmos Bungu.
Mr Bungu was fired on allegations of absconding from work for more than 10 days.
Town clerk Dr Tendai Mahachi said anyone who participated in the demonstration without seeking time off duty would be dealt [...]
Published on: 9th March, 2010
ZIMBABWE – HARARE – A BABOON caused a stir in Harare’s Highfield suburb yesterday when it strayed into some residential yards.
Some residents thought the baboon’s appearance was related to witchcraft. “The baboon emerged from one of the houses around 10am and the chaos started as residents started chasing it with the intention of killing it.
“The [...]
Published on: 9th March, 2010
ZIMBABWE – HARARE – Local Government Minister Ignatius Chombo has maintained that corrupt Chitungwiza councillors recently fired by the MDC will remain in office until new elections are held.
This comes after MDC leader Mr Morgan Tsvangirai, who is Prime Minister in the inclusive Government, had indicated he would engage Minister Chombo to have the councillors [...]
Published on: 9th March, 2010
ZIMBABWE – HARARE – Tsholotsho legislator Professor Jonathan Moyo’s bid to nullify Mr Lovemore Moyo’s election as Speaker of the House of Assembly failed after the High Court yesterday threw out the challenge.
Prof Moyo and three MDC-PF MPs – Mr Moses Mzila Ndlovu, Mr Patrick Dube and Mr Siyabonga Ncube – challenged Mr Moyo’s election [...]