VP Chiwenga restructures Health Ministry

08 Sep, 2020  The Health and Child Care Ministry is being restructured with a new sustainable funding model, far greater effectiveness, and a new work ethic for staff under plans outlined yesterday by the Minister, Vice President Constantino Chiwenga. In streamlining and expanding the operations of the ministry, but without adding to numbers with the [...]

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Parliament signs 3 MoUs

08 Sep, 2020  Parliament yesterday signed three memoranda of understanding with ActionAid Zimbabwe, Silveira House and Women in Law Southern Africa as part of a programme to partner with non-governmental organisations. Since the beginning of the year, Parliament has signed such agreements with 16 organisations to capacitate the institution and parliamentarians to carry out their [...]

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$2.9bn for water, sanitation

08 Sep, 2020  Urban and rural councils will share $2.9 billion to boost water and sanitation with special priority on ensuring every school has a borehole. Announcing the new disbursement of devolution funds, Local Government and Public Works Minister July Moyo said every local authority was expected to receive its share before the end of the [...]

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Assets/investments valuation dilemma for pensions and insurance sector

7 Sep 2020 DETERMINING the value of assets or investments has become a nightmare for the country’s insurance and pensions industry in view of the prevailing currency volatility, which makes harmonisation of business models difficult as entities seek to hedge against inflation, industry experts have said. While the local currency is inching towards stability at [...]

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Consolidate cargo piles up at Beitbridge Border Post

07 Sep, 2020  TRUCKS, mainly those carrying goods known as ‘consolidated cargo’ have been piling up at Beitbridge Border Post in the last five days after the Zimbabwe Revenue Authority (Zimra) introduced 100 percent compliance searches. Cross border transporters commonly known as ‘Omalayitsha, have accused the tax authority of implementing the new system while ill [...]

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ZIMPOST celebrates 20th anniversary

7 Sep 2020 The year 2020 marks ZIMPOST’s 20th anniversary following the unbundling of Posts and Telecommunications Corporation (PTC) and subsequent formation of ZIMPOST and other successor companies. The year also marks 130 years of Postal Services in Zimbabwe since the establishment of the first Post Office in Rhodesia in 1890. The first Post Offices [...]

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Pensions, insurance sector shows resilience

07 Sep, 2020  Tawanda Musarurwa Senior Business Reporter Zimbabwe’s pensions and insurance sector is showing resilience to the Covid-19 crisis, with players in the sector continuing to pay out benefits and claims during the peak phase of the pandemic. Despite the sector being weighed down by the double whammy of reduced contributions and premiums on [...]

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Zimplats delivers strong performance

7 Sep 2020 Zimplats, Zimbabwe’s biggest platinum group producer, delivered another strong performance in the full year to June 30, 2020, navigating challenges and threats to workers and operations from Covid-19 pandemic, to help drive positive group results for Impala. The South African based platinum group metals (PGMs) producer, however, delivered marginally lower mine-to-market Six-Element [...]

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Zimbabwe to expel US Ambassador?

7 Sep 2020 The President’s press Secretary George Charamba has said the American Ambassador to Zimbabwe, Ambassador Brian Nichols by speaking to eNCA and reiterating that SADC should intervene and stop the government of Zimbabwe from descending on people opposing the government creates a basis for Zimbabwe to expel him, The Standard reports. Responding to [...]

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