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LOCALS in the Chilonga area of Chiredzi district have accused the government of prioritising outsiders, saying the authorities took swift action following the fatal accident at Chilonga Bridge involving a NetOne vehicle. They said this is stark contrast to the lethargy displayed by officials whenever villagers raise complaints over the …

On May 7, President Emmerson Mnangagwa announced a cocktail of measures he said were aimed at stabilising the rapidly depreciating local currency. The measures included an indefinite suspension of lending by banks. One of the local banks, BancABC, sent the following analysis of the president’s speech to its customers: Restoration …

HARARE – Struggling medical insurance company Premier Medical Aid Society (PSMAS) will receive a government bailout to clear its debts and improve its balance sheet, vice president Constantino Chiwenga said on Tuesday. Chiwenga, who is also the health minister, said government employees who make up most of PSMAS’ 900,000 customers …

Wife says music producer beat her and locked her in house HARARE – Music producer DJ Fantan was arrested on Tuesday after his wife told police he beat her and locked her up at their home. Fantan, real name Arnold Kamudyariwa, was detained at Waterfalls Police Station. Police spokesman Assistant …

VARIOUS stakeholders and experts roundly condemned economic stabilisation measures introduced by President Emmerson Mnangagwa to “stop economic hitmen” from sabotaging his under-fire administration. They said the measures, mainly the banning of lending by banks, were unconstitutional, inadequate, and ill-advised. Experts also said the measures would result in a serious economic …

LOW pensions payouts by both private and public sectors to workers has forced many to shun retirement. Some workers have reportedly gone to the extent of misrepresenting their dates of birth to postpone retirement from the organisations they would have served. 360p geselecteerd als afspeelkwaliteit What makes it worse is that the ongoing …

Zimbabwe’s freeze on bank lending is a temporary measure which is meant to contain inflation and stabilise its economy, central bank governor John Mangudya told state television on Tuesday. President Emmerson Mnangagwa on Saturday ordered the suspension with immediate effect, saying the move was meant to stop speculation against the …

ZIMBABWE will most likely miss its 5,5% gross domestic product (GDP) forecast due to prolonged hyper-inflationary conditions as the country’s local currency continues to tumble against the United States dollar. In its April 2022 economic review, the Zimbabwe Coalition on Debt and Development (Zimcodd) said government had projected a 5,5% …

CITIZENS Coalition for Change (CCC) Manicaland chairperson, Proper Mutseyami has accused local government minister July Moyo of abusing devolution funds. Mutseyami said Moyo was deliberately delaying the disbursement of the funds to local authorities so as he can keep embezzling the money. The Dangamvura-Chikanga legislator said this during a constituency …

ZANU PF yesterday said its newly-elected youth leaders will be sent to the party’s Chitepo School of Ideology to prepare them for a “vigorous” campaign ahead of the 2023 polls. The leaders were elected at the party’s national youth conference held in Harare last week where they endorsed President Emmerson …