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Showing posts from May, 2022

Discrimination has no place in Africa-President Mnangagwa

Discrimination has no place in Africa - President Mnangagwa Hosia Mviringi President Mnangagwa has called on African governments and people to frown at all manner of racial discrimination which militates against the letter and spirit of African Unity and solidarity. In a statement to mark the occasion of Africa Day Commemorations which was published on the eve of Africa Day, President Mnangagwa condemned all forms of discrimination meted on Africans by Africans in the name of racism and xenophobia.  He urged Africans to embrace each other, regardless of which region they are from in the spirit of brotherhood. "Zimbabwe condemns both subtle and brute practices of racism and we call for an end to racial prejudices in all its forms, based on the principles of the fundamental equality of all races," said President Mnangagwa. The President's message is in tandem with the aspirations of the founding fathers of the African Union which mainly centred around undoing the impediment...

Fire in the cockpit as MDC heads for elective Congress

 Fire in the cockpit as MDC heads for elective Congress Hosia Mviringi Opposition Movement for Democratic Change plunges into an elective congress on July 2, 2022 following a dismal showing in the March 26, 2022 by-elections. Blighted by a devastating loss at the hands of a newly formed offshoot outfit Citizens Coalition for Change, the country's biggest opposition by Parliamentary representation has left it's supporters wondering if the party still has what it takes to lead the country. "It would be very surprising if such a tragic turn of fortunes does not invoke a sense of panic and desperation in the leaders of this once mighty opposition movement," said one supporter of the MDC on condition of anonymity for fear of victimisation. The MDC-Alliance has haemorrhaged supporters to the CCC since the March 26 by-elections as the party leadership seem to be at sixes and sevens to explain to it's supporters what could have happened at the recent polls where it failed...

Panicky PSL discards baby and bathwater

  Panicky PSL discards baby and bathwater  Sports Reporter  The Premier Soccer League has suspended all football matches following the violence which erupted at Barbourfields stadium on Sunday. Fans belonging to both Dynamos and Highlanders invaded the pitch in the final minutes, which led to the abandonment of the match. Highlanders had just scored what appeared to be the winner when the commotion started, delirious Bosso fans invaded the pitch in celebration, while Dynamos fans did the same in protest. Chaotic scenes followed, as law enforcement did their best to restrain the marauding fans without causing a stampede. In an odd response to the incident, the Premier Soccer League has suspended the whole league. Through a statement, the PSL said; “The Premier Soccer League has suspended all Castle Lager PSL matches with immediate effect until further notice following incidents of violence and hooliganism that continue to take place in our football. The PSL strongly condem...

RBZ to lift lending restrictions this week

  RBZ to lift lending restrictions this week • As investigations confirm the existence of detractors abusing the  Forex Auction System. Brian Rungano Temba  Reserve Bank of Zimbabwe Governor Dr  John Mangudya has confirmed that the recent restrictions on bank lending facilities are going to be reviewed this week. This follows thorough investigations by the Financial Intelligence Unit which confirmed suspicions that the Forex Auction System was being abused by currency manipulators in a process called Currency Attack. In an interview with a local weekly publication, Dr Mangudya said that a review of the moratorium is on the way most likely this way as the Bank is in the process of remedying the situation. "The suspension will be reviewed next week. What we have found out is what I have told you, that other corporates  were heavily borrowing from the markets or from the banks for the purposes of using that money to purchase their products and manipulating the exch...

Fatal blow to the AAG as new kid is launched

Hosia Mviringi The launch of the Economic Empowerment Group in Harare on Thursday has come as the fatal blow to the Philip Chiyangwa owned and controlled Affirmative Action Group as a mass exodus of membership has begun in earnest. "Zimbabwe will never be the same again from today as we launch EEG, the only inclusive empowerment initiative since the country's independence in 1980." These were the words of Mr Mike Chimombe, the founding President of the Economic Empowerment Group (EEG), at the launch of the organisation in Harare  The new kid on the block was conceived and launched on the ashes of the former gigantic Affirmative Action Group (AAG). Unlike the AAG which was registered under the Philip Chiyangwa's Family Trust, whose Constitution empowers Mr Chiyangwa to hire and fire anyone at will, targeting only the rich and famous, the EEG comes with a new mantra, "To the People, for the People, by the People" is inclusive as no membership fee is required f...