An investor-friendly environment that comes with ubiquitous construction projects has spurred manufacturing industries growth in Zimbabwe as they have ramped up production in the national quest to be an upper middle class economy by 2030. Such industries that are counting profits riding on the construction of roads, dams and other …
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The government last year added US$6,45 billion to the public debt as the Treasury assumed the former white farmer’s compensation fund under domestic debt and the Reserve Bank of Zimbabwe (RBZ) legacy loans. In the Treasury’s newly released 2021 Annual Public Debt Bulletin, public debt was ZW$1,86 trillion and using …
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An inter-ministerial anti-corruption committee has made sweeping resolutions to combat corruption as non-complex cases must be finalised within six months, while complicated matters can only stretch for a year. This emerged from a recent National Anti-Corruption Strategy Steering Committee (NACSSC) meeting which also agreed to review court processes to expedite …
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KAROI residents have petitioned Parliament to rein in members of the Zimbabwe Anti-Corruption Commission (Zacc) which they accused of unprofessional conduct and bias. The residents said the suspension of the town’s five top managers on full benefits and using official cars was draining the town’s meagre financial coffers. They alleged …
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PRESIDENT Emmerson Mnangagwa has declared that the opposition will never rule Zimbabwe because Zanu PF was the sole custodian of the country’s liberation history. Addressing hundreds of ruling party supporters at Bata Shoe Company in Gweru, Midlands province yesterday, Mnangagwa said: “We will never allow for puppets to rule this …
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United States (US) President Joe Biden has appointed Pamela M Tremont as the new ambassador to Zimbabwe. Brian A Nichols was the last US ambassador to Harare, having served in the country between 2018 and 2021. Since then, Thomas Hastings, who arrived as deputy chief of mission in July 2019, …
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Mobile money service operator EcoCash has adjusted upwards its transaction limits with users now able to send up to ZW$280 000 per month, and to shop and pay bills of up to ZW$400 000 in a single month. “The good news for EcoCash customers is that they can now transact …
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HIGH Court Judge Justice Pisirayi Kwenda has told former Police Commissioner-General Augustine Chihuri to stop dragging President Mnangagwa’s name into his dispute with the Prosecutor-General, who is seeking forfeiture of Chihuri family properties. In the civil court case where Chihuri is opposing the forfeiture of his assets, which the Prosecutor …
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Aggrieved civil servants say the government team leaders should not return with another ZWL$ offer at the negotiating table as the currency has weakened requiring weekly salary negotiations. The call comes at a time when the workers rejected the government’s 100% ZWL$ salary increment last week. The lowest civil servant earns about …
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Trolling, trash talk and threats have been mounting against the Helen Suzman Foundation after it announced this week that it had launched a legal challenge to the Minister of Home Affairs’ decision to terminate the Zimbabwean Exemption Permit (ZEP). But the chief executive officer of the foundation, Nicole Fritz, is …
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