Zimbabwe has been urged to reform its business laws by the African Export and Import Bank (Afrexim Bank) so as to attract increased foreign direct investment (FDI).Despite having vast natural resources, the country has not attracted significant FDI in the past few years when compared to its regional counterparts, an Afrexim Bank official, Gift Simwaka, said.“We need to fix our investment climate

Pirate taxi drivers teamed up with touts and allegedly stoned a commuter omnibus in Bulawayo as the war for commuters escalates.A group of about eight Honda Fit operators allegedly attacked two kombi crews at a car wash in North End suburb, next to Baines Infant School in a 10-minute skirmish.No one was reported injured in the confrontation that occurred at around 10AM. Arnold Mahachi (26) of New

A member of the elite solders who guard the President, Robert Mugabe was brought before the courts facing charges of carjacking and robbery alongside an acomplise from Bulawayo.Zvikomborero Sigudu (25) and Knowledge Ganda (21) stole $80 and two cellphones from Tichaona Matekenya before speeding off in his vehicle.Regional magistrate Mark Dzira yesterday said Sigudu’s duty was to defend and prote

Four suspect were nabbed at Nyamapande border Post while attempting to smuggle a truck-full of mbanje estimated o be 2 500 kilograms into the country. Police spokesperson Senior Assistant Commissioner Charity Charamba confirmed the arrests yesterday.“On July 31, 2016, police at Nyamapanda Border Post received information pertaining to drug traffickers involving a freightliner truck. When th

Aice Lumumba, former Zanu PF youth, who said the f-word to President Mugabe is reportedly panicing with revelations that he is hiring new lawyers for every court session.Lumumba, from the start of his trial has so far been represented by three lawyers, Arshiel Mugiya, Nelson Chamisa and now Zvikomborero Chadambuka.Yesterday a Harare magistrate chided Lumumba for “bringing a new lawyer for every

Econet Wireless Zimbabwe has been taken to court for breach of contract, following failure to honor an alleged deal to import 2 500 sim cards.Econet is being sued of $60 000 by Callander Enterprises and its proprietor, Makomborero Muza, for failing to make payments after the firm imported sim cards allegedly for the mobile service provider on the understanding that the two would enter into an agre

ZESA Holdings has been accused of placing a bid to raise electricity tariffs so as to cover up cash deficits affecting the company after illicit corrupt multi-million deals are bleeding the company.The power utility, left agonising after its proposal for a 14,69 percent increase in the power tariff shot down by the regulator, this week said tight fiscal latitude will put the group under strain.Zes

Youth, Indeginisation and Economic Empowerment Minister Patrick Zhuwao, has been brought under fire by youths in Matebeland who accused the minister of sidelining them in the Youth board.Zhuwawo made an announcement of an appointment of a seven member youth  board which he said was in accordance with the law.“In accordance with Section 11 3B (1) of the Zimbabwe Youth Council Act I do hereby

Use of the South African Rand ans Chinese Yuan have been frustrated as some retailers and individuals at banks are refusing to accept the currencies as legal tender.Few local supermarkets including N. Richards and OK Zimbabwe supermarkets have embraced the rand and are also using Point of Sale machines to make transactions easier.The supermarkets have displayed the exchange rates for the benefit o

The Zimbabwean government has been accused of misappropriating priorities after it emerged that it secured a $46 million grant to construct a new Parliament Building at Mt Hampden whilst civil servant salaries were not yet paid.The agreement was signed by Macro Economic Planning and Investment Promotion Minister, Obert Mpofu during a meeting on the follow-up to the implementation of various projec

MDC-T once boasted as being the champion of democracy, but as for now that opposition party has shown its real true colours that democracy has died a natural death.Most people used to admire that opposition party to the extent that they referred it as the main opposition party in Zimbabwe. All these are now tales, especially after taking a close look on how events are unfolding in MDC-T.After real

CHILDREN whose parents are on sanctions to travel to the United States of America are free to study in the western country despite their parents’ relationship with the US,  an US government official has revealed. American ambassador to Zimbabwe Harry Thomas said his government supported Zimbabwean children’s education ambitions, regardless of their background.“Children (of individuals

PLUMTREE- A 60-YEAR-OLD woman from Mangwe burnt her eight-year-old granddaughter with a red hot iron rod for stealing $1 from her. Lucy Ncube of Mayobodo placed an iron rod in a fire and then burnt Inamandla Ngwenya, a Grade 4 pupil at Mayobodo Primary School, on her legs and thighs. Ncube was convicted on her own plea of guilty to physical abuse by Plumtree magistrate, Mr Livard Philemon.She

MDC-T leader, Morgan Tsvangirai's decision to announce the addition of two more vice presidents to the party has created calamity, as party spokesperson Obert Gutu, and Tsvangirai's spokesperson Luke Tamborinyoka are at war over party duties.Zimbabwean Political parties have been accused of post duplication, with ZANU PF being labeled as the chief architect.  The fallout is alleged to have co

THERE were wild celebrations yesterday at the Harare Magistrates’ Court following the release of Zimbabwe National Liberation War Veterans’ Association (ZNLWVA) spokesperson Douglas Mahiya on $300 bail.The excitement was, however, cut short as police pounced on the association’s secretary-general Victor Matemadanda and arrested him amid reports that ZNLWVA political commissar Francis Nhando