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KFC chickens out of Zim operations, feathers ruffled by currency crunch

KFC chickens out of Zim operations, feathers ruffled by currency crunch

Zimbabwe’s new currency and tax reform measures seem to be coming home to roost. KFC Africa has announced it has suspended operations in Zimbabwe, citing “current pressure on the country’s economy”, a further dent on the country’s attempts to attract new investment. Like many businesses, KFC’s feathers appear to have been ruffled by a new […]

No Connection Between Myself and VBS – Brian Shivambu

No Connection Between Myself and VBS – Brian Shivambu

The younger brother of EFF deputy president Floyd Shivambu has denied that he received money from collapsed VBS Mutual Bank and has threatened to go after those who “defamed” him. According to a damning forensic report by advocate Terry Motau and law firm Werksmans Attorneys, Brian Shivambu, owner of Sgameka projects, received R16m. The report, […]

“Mnangagwa visits Chiwenga’s house twice this week”…is ex-Military Boss deathly ill?

“Mnangagwa visits Chiwenga’s house twice this week”…is ex-Military Boss deathly ill?

ZANU PF leader, Emmerson Mnangagwa suddenly visited his deputy Constantino Chiwenga’s house Monday and Tuesday, staying there for about 45 minutes per time, ZimEye can reveal. Mnangagwa was Tuesday afternoon jeered by gardeners of houses in the road leading to Chiwenga’s residence. ZimEye can reveal the gardeners were sitting down outside when ED’s motorcade passed […]

Zimbabwe president says new tax necessary pain for recovery

Zimbabwe president says new tax necessary pain for recovery

HARARE (Reuters) – Zimbabwean President Emmerson Mnangagwa said on Monday a new tax on electronic payments was a painful but necessary part of the government’s attempts to revive the economy, his first comments since the imposition of the levy last week sparked a public outcry. After narrowly winning a disputed presidential vote in July, Mnangagwa […]

EU observers say Zimbabwe election ‘fell short’ on fairness

EU observers say Zimbabwe election ‘fell short’ on fairness

Zimbabwe’s first election since the ousting of Robert Mugabe did not meet international standards, European Union observers said Wednesday in a report that raised a series of irregularities in the disputed vote. The July 30 presidential poll saw Mugabe’s successor Emmerson Mnangagwa win with 50.8 percent of the votes, just enough to avoid a second […]

Transnet tests the world’s longest train to help miners of manganese

Transnet tests the world’s longest train to help miners of manganese

Transnet Freight Rail (TFR) successfully tested the world’s longest train with the intention of serving growing demand from SA’s manganese miners for access to export markets for the key steel ingredient. SA has the world’s largest manganese deposits and is a leading player in supplying the mineral to steel mills, but mining companies have long […]

Big Zimbabwe companies, shops close…as situation gets worse..Edgars, Spar

Big Zimbabwe companies, shops close…as situation gets worse..Edgars, Spar

More companies continued to temporarily shut down today as they feel the heat of the market forces which have seen a sharp rise of prices for basic stuffs. In other instances companies that sell raw materials are only demanding the scarce green buck scaring away retailers. Most of these reputable firms as Edgars and Spar […]

VP Constantino Chiwenga on deathbed again? Prayers for the Retitred General

VP Constantino Chiwenga on deathbed again? Prayers for the Retitred General

Vice president Constantino Chiwenga has been reportedly rushed to hospital amid a deteriorating health over an undisclosed ailment. Norton Member of Parliament Temba Mliswa posted on social media today wishing the VP a speed recovery together with Foreign Affairs Minister Sibusiso Moyo who was airlifted to South Africa after his health also deteriorated while at […]

SB Moyo airlifted to South Africa..”Chiwenga hit by stroke, collapses”..Govt Sources

SB Moyo airlifted to South Africa..”Chiwenga hit by stroke, collapses”..Govt Sources

HARARE: There are unconfirmed reports that Foreign Affairs minister Sibusiso Moyo was flown to a South African hospital on Wednesday evening after his condition took a turn for the worse. Moyo was admitted to Avenues Clinic earlier last month after a kidney related ailment and he was believed to have undergone corrective surgery. Deputy minister […]

Minister Obadiah Moyo Blames Ian Smith’s Pipes For Cholera Outbreak

Minister Obadiah Moyo Blames Ian Smith’s Pipes For Cholera Outbreak

The Minister Of Health, Obadiah Moyo on Thursday afternoon appeared to blame the late former Prime Minister, Ian Smith for the ongoing Cholera outbreak. Speaking to the Senate Thursday afternoon, Obadiah Moyo said “Cholera is caused by drinking our own faeces when they have entered our mouths. The sewers, the way in which they were […]

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