Theresa May Asks For Short Brexit Delay

Donald Tusk and Theresa May are at odds over how long Brexit should be delayed for. The EU Council president is formally telling officials from member countries to endorse a long extension until 31 March 2020. But in a letter to Mr Tusk, the prime minister asked to delay Brexit until 30 June 2019 so British MPs could agree a withdrawal deal. She also revealed the UK will start preparations to hold the European elections, set to take place at the end of May. Mr Tusk told officials that the…

Chamisa Denied Chance To Meet Former President

After making stunning revelations that he was going to meet former president Robert Mugabe at his Blue Roof mansion, MDC leader Nelson Chamisa said Zanu-PF has increased security at the former president’s house in a bid to block the meeting. Addressing the party’s provincial structures in Masvingo recently, Chamisa claimed that Mugabe promised to give him damning files on all the Zanu-PF top brass hence the reason why they went into panic mode over the proposed meeting. “I wanted to cause panic within Zanu-PF and said I wanted to meet…

Price Hikes Can Cause Revolt; Minister

Industry and Commerce minister Nqobizitha Mangaliso Ndlovu on Wednesday warned industry that the incessant hikes in prices of basic commodities will push long-suffering Zimbabweans to revolt. The warning came as the consumer rights watchdog was calling on government to convene an urgent cost-of-living forum that would bring together business and consumers, among other stakeholders, in order to arrest the runaway prices. Zimbabweans are being subjected to regular price increases, usually tracking the exchange rate between the United States dollar and the real time gross settlement dollar on the black market,…

Liquid Telecom Sells 8% Stake To UK

LIQUID Telecom has completed the sale of an 8% stake for US$180 million to the British government’s Sovereign Wealth Fund for developing countries known as Commonwealth Development Corporation (CDC). In a statement yesterday, Econet said all conditions precedent to a deal that was announced in December 2018 through the Irish Stock Exchange had been met, and it has now received all the money. “The investment, which is the single largest done into an African company by CDC to date, is a huge show of confidence in the company founded by…

Yadah FC Put On The Market

Castle Lager Premier Soccer League team Yadah Stars has been put up for sale just two years into the top-flight, with owner Walter Magaya of Prophetic Healing and Deliverance (PHD) Ministries, saying he now needed to concentrate on bankrolling national football teams and also focus on his other business interests. The club won promotion in 2017 and finished on 13th position on the log table on both occasions that it has participated in the league. Their below par performance, though, had nothing to do with lack of investment, with reports…

Samsung Galaxy A20 Launched in India

Samsung Galaxy A20 has been launched in India. The South Korean tech giant on Friday announced the launch of the Galaxy A20 in the country and revealed that the smartphone will be available starting next week in the country. Part of the company’s 2019 lineup of Galaxy A phones, the Galaxy A20 will be joining the Galaxy A10, Galaxy A30, and Galaxy A50 smartphones in the Samsung’s India portfolio. The phone was originally introduced in Russia last month and India is among the first markets to receive it. The phone…