adminZSE gains US$290m
Bright Madera Business Reporter
THE Zimbabwe Stock Exchange has gained about US$290 million in seven months despite tight liquidity conditions
Pioneer gets nod to acquire Unifreight
Business Reporter
THE Competition and Tariff Commission has reportedly approved Pioneer Corporation Africa’s bid to acquire fellow transport
Team Zim leaves today
Sports Reporter
TEAM Zimbabwe, which has vowed to bring a record haul of medals, is expected to leave this morning aboard a chartered
Donors urged to fund constitution-making
Herald Reporter
Donor agents in Zimbabwe should mobilise resources and help fund the constitution-making process to pave the way for the
Human Rights Commission Bill goes through second reading
Herald Reporter
The Human Rights Commission Bill which seeks to operationalise constitutional
Cabinet tackles UZ water crisis
Herald Reporter
Government has set up a Cabinet taskforce chai-red by Deputy Prime Minister Arthur Mutambara
Libyan envoy gets 72hr ultimatum
Farirai Machivenyika Senior Reporter
ZIMBABWE yesterday gave former Libyan Ambassador Mr Taher Elmegrahi and his embassy staff a 72-hour ultimatum to leave following their renunciation of Libyan leader Muammar Gaddafi’s authority last week.
Foreign Affairs Minister Simbarashe Mumbengegwi told journalists in Harare yesterday that Mr Elmegrahi’s actions contravened international law and protocols governing diplomatic relations.
“Once you renounce the authority, which gave you letters of credence, pull down their portrait and burn the flag and pledge allegiance to a different authority, it means that act alone deprives you of the diplomatic standing, which you had been accorded.
Violent pro-Malema demos rock SA
JOHANNESBURG – AS South Africa’s governing African National Congress convened a hearing on allegations of indiscipline against ANC Youth League leader Julius Malema, police outside were battling with rowdy and violent protesters demanding Malema to be “left alone”.
The firebrand Malema is facing charges of bringing the party into disrepute through a statement advocating regime change in Botswana, among other allegations.
The angry and violent youths went further to burn posters of president and party leader Jacob Zuma, and T-shirts bearing his image and flags outside Luthuli House, the ANC head office in Johannesburg.
The violent protest has spawned a war of words between the ANC and members of the Youth League.
Zesa Holdings, industry head for showdown
Takunda Maodza Senior Reporter
ZESA Holdings is threatening massive loadshedding to companies that refuse to pay a special higher tariff for uninterrupted electricity supply.
Industry, which is unhappy with the new deal, has warned of a massive shortage of goods on the market or price increases as they employ mechanisms to remain afloat.
The Herald is reliably informed that Zesa informed industry last week that it will be effecting load-shedding of between five to 14 hours on firms that refuse to enter into this new arrangement.
Companies under the special arrangement, which is supposed to be voluntary, pay 13 US cents per kilowatt an hour instead of the current seven cents they are paying.
Parenting no bed of roses
AFTER raising children and sending them to the best schools, some parents have been shocked by what these children turn