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‘Govt Failure Creates Market Inefficiencies’

Government’s intervention in the economy has failed to improve market performance as its policy measures   have not arrested unrelenting  inflation, haemorrhage exchange rate and currency volatilities, which are ravaging the economy. The observation was made by multiple economists and captains of industry who spoke to Business Times. The economic inefficiency, which resulted in …

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Scam Rocks Tobacco Industry

Zimbabwe’s tobacco industry has been rocked by a scandal involving  contractors collecting insurance premiums from unsuspecting farmers contracted under them, prejudicing the growers, Business Times can report. Multiple players told Business Times this week that the contractors, who are not authorised to transact insurance business, were  not remitting  the premiums,  which range from US$70 to US$120 per …

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Zanu Pf Shuts Door On ‘Arrogant & Disrespectful’ Kasukuwere

Zanu-PF has shut its doors on exiled former minister Saviour Kasukuwere, accusing him of being arrogant and disrespectful to party leader President Emmerson Mnangagwa. Kasukuwere fled the country into self-imposed exile alongside other G40 members, who include former ministers Jonathan Moyo, Walter Mzembi and Patrick Zhuwao following the November 2017 …

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Civil Servant Strike Looms In Zimbabwe

CIVIL servants under the Zimbabwe Confederation of Public Sector Trade Unions (ZCPSTU) are this Friday set to march against government’s continued reluctance to pay them in US dollars. Worries emanating from biting inflation and their devalued salaries have been ignored by government according to ZCPSTU. In a statement, ZCPSTU organising …

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ConCourt Rules Age Of Consent Now 18

THE Constitutional Court (ConCourt) yesterday raised the age of sexual consent from 16 to 18 in a landmark ruling with far-reaching consequences. The ruling follows an application by two Harare women seeking to nullify the age of consent set at 16, saying it violates the rights and protection of girls …

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GMAZ Secures 400k Tonnes Of Maize

THE Grain Millers Association of Zimbabwe (GMAZ) has secured 400 000 metric tons of white maize from Zambia and Malawi. The move, which comes after government gave private players the greenlight to import the stapple, offset shortages caused by a severe drought that hit the country during the 2021/22 farming …

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