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The salient details of Net One’s $220 million Chinese loan

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Posted by admin 47 minutes ago (http://source.co.zw)
HARARE, September 18 (The Source) – State owned mobile telecommunications operator, NetOne is one of the companies that benefitted from the nine deals that were signed when President Robert Mugabe visited China three weeks ago. Finer details of the deals have remained elusive, but are now going public as they come before Parliament for approval. […]

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Editorial | A gloomy budget

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Posted by admin 47 minutes ago (http://www.financialgazette.co.zw)
FINANCE Minister Patrick Chinamasa’s budget review was gloomy, but this had been largely expected. The Treasury chief is currently confronted by one of the worst challenges of any finance minister in the world, with, as the International Monetary Fund noted in its last report on the country, an economic environment that remains difficult, posing significant ...

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Secret ballot adds intrigue to VP race

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Posted by admin 47 minutes ago (http://www.financialgazette.co.zw)
THE upcoming ZANU-PF congress is certain to go down to the wire in December as the revolutionary party is set to pick its two deputies via a secret ballot.  Only President Robert Mugabe, who is ZANU-PF’s first secretary is safe, as he has already received the endorsement for another term from the Women and Youth ...

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Elimination politics in ZANU-PF

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Posted by admin 47 minutes ago (http://www.financialgazette.co.zw)
INTRA-PARTY fighting in ZANU-PF has risen to new levels with a top official in Harare alleging that factional rivals this week set her house ablaze in a bid to eliminate her. ZANU-PF Highfield East’s Mbuya Nehanda District youth chairperson, Penelope Makomeya, lost property when fire, which started in her bedroom, gutted part of her family’s ...

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. . .Who will be ZANU-PF’s number three?

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Posted by admin 47 minutes ago (http://www.financialgazette.co.zw)
AS the ZANU-PF elective congress scheduled to take place in December fast approaches, the race to win the coveted second Vice Presidency post has intensified. Indications even before the end of year congress is held are that this will be a high stakes affair and may not only result in intriguing political skulduggery, but could ...

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Exams under tent for Chingwizi pupils

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Posted by admin 47 minutes ago (http://www.financialgazette.co.zw)
AT least 220 Grade 7 pupils from four satellite schools in Mwenezi, including those enrolled at the newly-established Tokwe-Murkosi Primary School in Chingwizi will have to sit for their final examinations under tarpaulin tents. About 231 Early Childhood Development children and 769 pupils enrolled for Grades 1 to 7 have been learning under makeshift tents ...

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Govt admits education crisis

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Posted by admin 47 minutes ago (http://www.financialgazette.co.zw)
THE financially hamstrung ZANU-PF government is yet to build 2 000 schools required to meet the learning needs of its school-going citizens. Critics have said the shortage of schools in urban, rural and resettlement areas has been the main reason behind the sharp decline in the pupils pass rate over the last few years. This ...

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Hwange expansion contract negotiations complete

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Posted by admin 47 minutes ago (http://www.financialgazette.co.zw)
CONTRACT negotiations between the Zimbabwe Power Company (ZPC) and a Chinese contractor, Sino Hydro Corporation, for the expansion of Hwange Power Station have been concluded, the Financial Gazette can reveal. This will pave way for the construction of new, additional power generation plants, which should have started along with a similar expansion project at Kariba ...

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