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Varsity Innovation Hubs To Revolutionise Education

Innovation hubs at universities and colleges will revolutionise the education system by making tertiary centres vehicles of finding solutions to Zimbabwe’s challenges and spur economic growth in line with the Second Republic’s Vision 2030 anchored on National Development Strategy 1 (NDS1), the President has said. Speaking after the graduation ceremony …

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Bank CEOs Salt Away Their Earnings Offshore

Chief executive officers of Zimbabwe’s banks are salting away offshore their foreign currency earnings, instead of banking with local financial institutions they head, Zimbabwe Anti-Corruption Commission (Zacc) chairperson Loice Matanda-Moyo ( pictured) has revealed, citing a survey her organisation conducted. The Zacc boss said bankers are salting away money offshore. …

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Jail Escapee Caged Four Years

An alleged serial robber and rapist on remand for attacking almost 20 women recently escaped from Harare Remand Prison, allegedly with the help of two prison officers, but was caught, was yesterday jailed for an effective four years for escaping from lawful custody.  Sam Muropa (31) of Kuwadzana in Harare, …

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Govt Working On Bridging Rural, Urban Divide

Rural communities will continue receiving Government support for development aimed at bridging the urban-rural divide and end rural-to-urban migration spawned by a long held mentality that everything good comes from urban areas, President Mnangagwa said yesterday in Mutoko. Speaking after commissioning a US$1 million fruit and vegetable processing plant at …

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‘Abandon Forex Auction’

Captains of industry this week pressured the Reserve Bank of Zimbabwe (RBZ) governor, John Mangudya to consider abandoning the ‘inefficient’ Dutch foreign currency auction system or do an overhaul of the system. Local businesses also suggested the return of the interbank system to allocate foreign currency in the economy. The …

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DJs Fantan, Levels To Pay Fine

The High Court has been reduced the 12-month jail term of three popular music promoters Arnold Kamudyariwa (DJ Fantan) Tafadzwa Kadzimwe (DJ Levels) and Damma, born Simbarashe Chanachimwe. Their sentence has been reduced to three months with an option to pay a $2 000 fine each coupled with conditions of …

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