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Mugabe new AU chair

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President Robert Mugabe took over the post of African Union chairperson on Friday January 30, replacing Mauritania’s President Mohamed Ould Abdel Aziz. The veteran leader, Africa’s oldest president aged 90, shook hands with Abel Aziz in front of fellow leaders to applause at the AU summit in the Ethiopian capital. In his acceptance speech he thanked the continent for the ... Read More »

Solar Power for dummies Part 2: Getting to know your devices

By L.S.M Kabweza Now that we have gotten the introduction stuff out of the way its time for you to get acquainted with some of the basics of electricity in general and solar power in particular. I won’t be introducing anything scary, I promise, just the basics you snoozed through during the Physics and Integrated Science lessons. A […] …read ... Read More »

Selling Telecel won’t sail smooth. Mutasa opposes it. Shareholding one big mess

By L.S.M Kabweza So yesterday’s news about Brainworks offering to buy 40% of Telecel Zimbabwe was much welcome news. The market needs a thriving Telecel, so this glimmer of hope in something potentially ending the impasse and albatross around the company’s neck for years now, is easily overrated. The truth is that Telecel’s shareholding is a mess. So […] …read ... Read More »

Mutasa given stay of execution

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ZANU-PF’s Politburo yesterday established a six-member disciplinary committee to handle the case of its former secretary for administration, Didymus Mutasa, who was booted out of the party by the Manicaland provincial coordinating committee a fortnight ago. The move surprised many of the party’s own cadres as well as foes, as the Politburo was widely expected to endorse the expulsion after ... Read More »

90pc of listed firms in crisis

Zimbabwe Stock Exchange.

NEARLY 90 percent of the country’s listed companies are facing serious financial uncertainty, reflecting the weakness of the domestic economy, the Financial Gazette can report. This comes as evidence mounts that the economy is slowing faster than expected and that the official growth target of 3,2 percent presented by Finance Minister, Patrick Chinamasa, in his 2015 national budget may not ... Read More »