Search / Privatisation
Dutch firm sssures Bulawayo residents that water will not be privatised
Vitens Evides International (VEI), a Dutch water utility company, has reassured Bulawayo residents that its proposed framework for managing the city's water and sanitation services will not involve pr...Published: 44 mins ago | 78 | by Staff reporter
Is Zimbabwe about to create land oligarchs?
The government, through Information minister Jenfran Muswere, has announced a significant shift in land policy, declaring that state land, previously offered to local indigenous people under the "land...Published: 21 Oct 2024 at 11:06hrs | 704 | by Admire Maparadza Dube
Used clothes take Zimbabwe by storm
Kimberley Dube takes great care with her appearance. She always looks sharp and fashionable in smart-looking jeans, t-shirts, sweatpants, tops, and designer sneakers."I love jeans - can't get ...Published: 02 Oct 2024 at 11:24hrs | 621 | by Staff reporter
Gordhan gave tenders to his cronies, leaves a fractured legacy
ONCE praised as an "incorruptible" crusader in South Africa, Pravin Gordhan has left behind a legacy tarnished by mistakes, poor leadership, and growing corruption claims, giving rise to the question ...Published: 15 Sep 2024 at 12:35hrs | 1139 | by Sizwe Dlamini, Thabo Makwakwa, Manyane Manyane
BCC dismisses privatisation fears
The Bulawayo City Council (BCC) has reassured residents that there are no plans to privatise the city's water utility, clarifying that its separation from the engineering department was meant to prote...Published: 06 Sep 2024 at 07:12hrs | 88 | by Staff reporter
Coltart prepares BCC engineering department for privatisation?
BULAWAYO City Council (BCC) has unbundled its engineering services department and created a stand-alone water utility department in a move aimed at improving efficiency in the management of the city's...Published: 09 Aug 2024 at 07:48hrs | 292 | by Staff reporter
Cyril Ramaphosa's 'plot' to kill the ANC
SOME senior ANC leaders have accused President Cyril Ramaphosa of working with external parties to collapse the governing party and replace it with a centre-right coalition led by him after the 2024 g...Published: 17 Jul 2024 at 09:09hrs | 1723 | by Staff reporter
DA's Moonshot Pact rebranded under GNU name
The Government of National Unity (GNU) appears to be nothing more than the failed Democratic Alliance (DA)'s Moonshot Pact, rebranded under a different name.The African National Congress (ANC)...Published: 10 Jun 2024 at 14:09hrs | 2 | by Junior Lebese
POSB privatisation put on halt
THE planned partial privatisation of the People's Own Savings Bank (POSB) has been put on halt as the bank awaits further guidance on the project from the shareholder.Partial privatisation was...Published: 04 Apr 2024 at 06:14hrs | | by Staff reporter
Tagwirei-linked firm in Zisco 'asset stripping orgy'
The much-hyped takeover of the Zimbabwe Iron and Steel Company (Zisco) by Kuvimba Mining House has failed to change the fortunes of the steelmaker amid allegations that the firm linked to businessman ...Published: 31 Mar 2024 at 15:20hrs | 1 | by Staff reporter
Storm over public toilets commercialisation
HUMAN rights watchdog, Matabeleland Institute for Human Rights (MIHR), has criticised government's plans to commercialise public toilets as a measure to promote sanitisation and hygiene.The Lo...Published: 20 Mar 2024 at 06:32hrs | 2 | by Staff reporter
Zimbabwe govt warns schools against privatising education
THE government has issued a stern warning to schools against privatising education, amid rising costs and concerns about accessibility, with statistics showing a rise in dropouts.The warning b...Published: 19 Feb 2024 at 04:55hrs | | by Staff reporter
St Faith High School Priest shows off punching skills
TEMPERS flared at St Faith's High School on Wednesday, with a priest from the Anglican Diocese of Manicaland showing his boxing skills as parents who escorted Form Five learners bulldozed their way in...Published: 09 Feb 2024 at 08:56hrs | 1 | by Staff reporter
Zimbabwe's house negroes
THERE was once a fire at the slave master mansion and the house negro was heard wailing: "Our house is on fire!" much to the astonishment of the field negroes.This small anecdote flashed and r...Published: 23 Dec 2023 at 10:21hrs | 9 | by Paidamoyo Muzulu
Zambia is on the verge of being a one-party state
Zambia's former ruling parties have typically fared poorly after losing power. The United National Independence Party (UNIP) ruled for 27 years but gradually collapsed following its defeat in 1991. Th...Published: 12 Dec 2023 at 21:11hrs | 12 | by Sishuwa Sishuwa
Mthuli Ncube's budget dilemma
DON'T tell me what you value, show me your budget and I'll tell you what you value:" Joe Biden.Ordinarily, Finance minister Mthuli Ncube should have presented the ZWL$47,8 trillion 2024 nation...Published: 25 Nov 2023 at 07:59hrs | 8 | by Paidamoyo Muzulu
Mnangagwa's Mutapa Fund likely to create oligarchs
FEARS abound that President Emmerson Mnangagwa's self-serving Mutapa Investment Fund project has hallmarks of how Russian state assets were sold for a song or brazenly stolen during its transition fro...Published: 09 Oct 2023 at 13:50hrs | | by Staff reporter
Mutapa looting machine
PRESIDENT Emmerson Mnangagwa is full of surprises.He wants to be seen to be doing something and, in many instances, creates new offices that in reality are as clear as mud.Mutapa Inves...Published: 23 Sep 2023 at 21:34hrs | | by Paidamoyo Muzulu
Mnangagwa gives Sovereign Wealth Fund of Zimbabwe a tribal name
PRESIDENT Emmerson Mnangagwa has changed the name of Sovereign Wealth Fund of Zimbabwe (SWFZ) to Mutapa Investment Fund through Statutory Instrument (SI) 156 of 2023 gazetted on Wednesday.SWFZ...Published: 20 Sep 2023 at 19:08hrs | | by Staff reporter
Mnangagwa's govt to offload 49% POSB stake
GOVERNMENT has put a 29% stake in the People's Own Savings Bank (POSB) for sale as the bank's partial privatisation exercise gets underway.The private placement will be followed by an initial ...Published: 21 Aug 2023 at 06:41hrs | 3 | by Staff reporter
Jobless Zimbabwe teachers told to 'start your own schools'
GOVERNMENT has told jobless teachers to open their own schools as it cannot employ all of them into the country's education system.This was said by Higher and Tertiary Education deputy ministe...Published: 07 Aug 2023 at 06:41hrs | 9 | by Staff reporter
Putin and the Wagner mutiny
"The truth is rarely pure and never simple"Oscar Wilde, The Importance of Being Earnest (1895)On 23rd June 2023 the Western media became delirious with joy when the heard that there was a ...Published: 02 Jul 2023 at 15:39hrs | 8 | by Ian Beddowes
Zimbabwe speeding into the territory of charter cities
FINALLY, Al Jazeera aired the first of the four-part series documentary Gold Mafia. Social media went into overdrive, with many people condemning the attitude and character of some of those implicated...Published: 25 Mar 2023 at 08:19hrs | 4 | by Paidamoyo Muzulu
Nust reverts to 2022 fee structure
THE National University of Science and Technology Nust has reverted to fees that were adopted in September 2022 following a student protest on 27 February.The fees that had risen to US$720 dep...Published: 27 Feb 2023 at 15:46hrs | 35 | by Staff reporter
The poor are on their own in Zimbabwe
PRESIDENT Emmerson Mnangagwa was all smiles as he officially opened the privately-developed Aspindale apartments in Harare. His infrastructure programme - housing for all - seemed to be all in order y...Published: 20 Feb 2023 at 05:30hrs | 1 | by Paidamoyo Muzulu
Kupukile Mlambo appointed chief executive of the Sovereign Wealth Fund of Zimbabwe
Former Reserve Bank of Zimbabwe deputy governor Kupukile Mlambo, who holds a PhD in economics from Gothenburg University in Sweden, has been appointed chief executive of the US$100m Sovereign Wealth F...Published: 07 Dec 2022 at 19:14hrs | 2 | by Staff reporter
RBZ in dramatic U-turn on Fidelity privatisation
IN a dramatic policy U-turn, the Reserve Bank of Zimbabwe (RBZ) has indefinitely suspended its plans to partially privatise Fidelity Printers and Refiners (FPR) nearly two years after announcing inten...Published: 04 Nov 2022 at 05:32hrs | | by Staff reporter
Mnangagwa coronation day
NONE gave the Chevrons a chance against Pakistan in a Super 12 stage at the T20 Cricket World Cup currently underway in Australia. It is a biblical David v Goliath story and the Chevrons passed the te...Published: 29 Oct 2022 at 19:40hrs | | by Paidamoyo Muzulu
The importance of parastatals
WHEN State-managed institutions work well they are often not recognised or rewarded and are taken for granted. When they fail, everyone suffers the consequences.At independence in 1980, 40% of...Published: 27 Sep 2022 at 05:53hrs | | by Eddie Cross
Mnangagwa's govt stripping assets, claims MPs
LEGISLATORS have accused the Executive of systematically stripping the country of its valuable assets and selling them through opaque deals, which observers say smells of deep-rooted corruption and pl...Published: 30 Aug 2022 at 06:35hrs | 1 | by Staff reporter
American economics says ZimStat is run by a clown
UNITED States professor of applied economics at Johns Hopkins University in Baltimore, Maryland, and senior fellow at the Cato Institute, Steve Hanke, has fiercely hit back at the Zimbabwe Statistical...Published: 21 Aug 2022 at 10:05hrs | | by Staff reporter
New parastatals on cards, restructuring continues
GOVERNMENT will continue to restructure and partially privatise parastatals including establishing new ones in order to buttress the ongoing economic transformation drive in line with Vision 2030....Published: 16 Aug 2022 at 06:37hrs | | by Staff reporter
Anthony Mandiwanza finally retires
LONG-SERVING Dairibord Holdings chief executive officer, Mr Anthony Mandiwanza, is retiring after serving the company for 34 years, 24 of them at the helm.In a statement on Wednesday, Da...Published: 20 Jul 2022 at 18:19hrs | 16 | by Staff reporter
Ramaphosa's 'plot' to kill the ANC
SOME senior ANC leaders have accused President Cyril Ramaphosa of working with external parties to collapse the governing party and replace it with a centre-right coalition led by him after the 2024 g...Published: 30 Jun 2022 at 19:46hrs | 8 | by Staff reporter
Zanu-PF bigwigs 'blocking' parastatal reforms
CONCERTED efforts by Treasury to push for key parastatal reform and privatisation of the loss-making entities have been frustrated by some hawkish cabinet ministers and senior bureaucrats, who have fo...Published: 17 Jun 2022 at 08:58hrs | 9 | by Staff reporter
Mnangagwa's govt bullish on Zupco viability
THE government is bullish on the profitability and viability prospects of the Zimbabwe United Passengers Company (Zupco) following the opening up of the public transport sector to private players....Published: 21 May 2022 at 18:27hrs | 5 | by Staff reporter
Mnangagwa's scorecard after 4 years
THIS week had two special days - Workers Day and Press Freedom Day - they both had muted celebrations. Something has changed, the economy is not working and the two are now holidays threatened by exti...Published: 07 May 2022 at 06:20hrs | 8 | by Paidamoyo Muzulu
World Bank and the IMF have remained largely colonial in character to this day
Most people assume that inequality between the global South and the global North (the United States, Western Europe, Japan, Canada and Australia) has been declining over the past few decades. After al...Published: 13 Apr 2022 at 07:43hrs | 7 | by Professor Jason Hickel
Petrotrade board suspension challenge hits a snag
HIGH Court judge Justice David Mangota has struck off the roll an urgent chamber application by former Petrotrade board chair Tinomudaishe Chinyoka, who was challenging his dismissal from state oil co...Published: 08 Apr 2022 at 06:49hrs | 2 | by Staff reporter
RBZ shelves plans to sell gold buying unit
The Reserve Bank of Zimbabwe (RBZ) has indefinitely suspended plans to dispose of its controlling stake in the country's sole gold buyer, Fidelity Printers and Refinery, to new shareholders, a senior ...Published: 21 Mar 2022 at 06:21hrs | 6 | by Staff reporter
Tagwirei eyes government fuel monopoly
Rapacious oligarch Kudakwashe Tagwirei would supply all government departments with fuel when he completes the capture of Petrotrade and Genesis, the two government-owned petroleum companies, ZimLive ...Published: 15 Mar 2022 at 15:54hrs | | by Staff reporter
Fierce fight erupts at POSB
A FIERCE boardroom fight has erupted at the People's Own Savings Bank (POSB) over retired chief executive officer Admore Kandlela's decision to hold on to the job despite having been paid lucrative te...Published: 14 Feb 2022 at 05:35hrs | 7 | by Staff reporter
New Gates Foundation trustee led plot to overthrow Zim leader alongside US
WHILE Zimbabwean billionaire Strive Masiyiwa, recently appointed to the Bill & Melinda Gates Foundation to add his other high-profile board appointments such as at Rockefeller Foundation, is a rol...Published: 05 Feb 2022 at 19:41hrs | | by Staff reporter
Campbell Musiwa: Chartered Accountant par excellence
Mr Campbell Musiwa holds a Bachelor of Accountancy Degree obtained from the University of Zimbabwe as well as a Masters in Business Leadership Degree from the University of South Africa.He qua...Published: 28 Nov 2021 at 07:44hrs | 7 | by Staff reporter
IDC throws out bids for Deven
TWO local companies seeking a shareholding in Deven Engineering had their bids thrown out after they failed to offer the "best value for money" for the coach builder.Deven's core competence is...Published: 22 Nov 2021 at 05:50hrs | 6 | by Staff reporter
Mushrooming parties a diversionary tactic
ZIMBABWE'S political scene is fast changing, several parties have been launched in the past couple of weeks. However, the political discourse has not moved an inch.The Constitution has a secti...Published: 25 Sep 2021 at 06:07hrs | | by Paidamoyo Muzulu
Group demands ZSE listings for Fidelity suitors
INVESTORS interested in taking up equity in the central bankrun Fidelity Printers and Refiners (FPR) should agree to list on at least one of the country's stock exchanges in order to enhance transpare...Published: 29 Aug 2021 at 07:15hrs | 1 | by Staff reporter
Tagwirei linked companies cited in US$49m privatisation deal
AS Treasury maintains a tight lid over the identity of gold producers who snapped 60% shareholding in Fidelity Printers and Refiners (FPR), emerging details show that Kuvimba Mining House, Better Bran...Published: 20 Aug 2021 at 07:22hrs | | by Staff reporter
POSB gets Cabinet nod to list on ZSE
POSB expects the proposal for the listing of the Bank on the stock exchange to be finalised and ready for consideration by Cabinet in the second half of the year 2021, company executives revealed. ...Published: 09 Aug 2021 at 07:33hrs | | by Staff reporter
China rescues Zimbabwe on Covid-19 as world faces vaccine apartheid
AS the world faces a Covid-19 vaccine apartheid amid privatisation and monopolisation of its science and technology as well as the doses, and hoarding by rich countries, China has rescued Zimbabwe by ...Published: 02 Aug 2021 at 08:38hrs | 10 | by Staff reporter
Load More Stories
