adminOver 100 illegal shop operators deported
Peter Matambanadzo and Michael Chideme
MORE than 100 foreigners were arrested and deported last year for illegally operating businesses like grocery shops and restaurants in violation of Zimbabwe’s immigration and investment laws.
The Department of Immigration yesterday said most of the culprits were Nigerians and Chinese operating retail shops and restaurants without the required documentation.
“We arrested more than 100 foreigners for violating immigration laws. After arresting them we discovered that they were operating shops and restaurants illegally,” Assistant Regional Immigration Officer Mr Francis Mabika said.
Youth Development, Indigenisation and Empowerment Minister Saviour Kasukuwere
Bring back funds in offshore accounts, local banks told
Hebert Zharare and Victoria Ruzvidzo
TREASURY has ordered all banks to repatriate 75 percent of funds held in offshore accounts with effect from March 1 as part of measures to curb liquidity challenges.
Foreign banks operating in Zimbabwe are believed to be sitting on over US$500 million of local depositors’ money kept in the United Kingdom and South Africa among other countries.
Finance Minister Tendai Biti yesterday said the move follows consultations with the Bankers Association of Zimbabwe.
This came as the central bank also moved in yesterday to suspend cash withdrawal limits from next month following the improvement in the liquidity situation and the need to
President reads riot act to mines
Takunda Maodza in ZVISHAVANE
PRESIDENT Mugabe has read the riot act to foreign-owned firms that are refusing to comply with Zimbabwe’s indigenisation and empowerment laws, saying the door for negotiations has been closed.
Speaking at the launch of the Zvishavane Community Share Trust at Mimosa Platinum Mine yesterday, the President directed Youth Development, Indigenisation and Empowerment Minister Saviour Kasukuwere to urgently implement the programme without hesitation.
The directive follows indications that Mimosa was reluctant to cede 51 percent stake to indigenous Zimbabweans in line with the law, offering 30 percent.
But the President would have none of it.
More rains expected
Herald Reporter
HEAVY rains and strong winds associated with tropical depressions are expected to pound most parts of the country in the coming two months, the Meteorological Services Department has warned. Head Public Weather Services, Mr Tich Zinyemba said tropical cyclones are characterised by thunderstorms
‘Emulate President’
Herald Reporter
YOUTHS have been challenged to emulate President Mugabe’s life and remain committed to defend the country’s independence. Speaking at a fund raising dinner for the 21st February Movement on Tuesday,
School gets US10 000
Herald Reporter
KUWAIT Ambassador Mr Abdallah Al-Sharhan last Friday donated US$10 000 for the construction of a classroom block at Chitekwe Primary School in Mutoko. He also commissioned an electricity station that
Homosexuals rapped
Takunda Maodza in Zvishavane
President Mugabe has once again slammed homosexuals, branding them worse than dogs and lauded traditional leaders for safeguarding the country’s traditions and customs from being polluted by Western
Shamu consoles Mawere family
Herald Reporter
MR Leonard Tsuro Mawere, the father of administrative secretary in the President’s Office Ms G Mawere, has died. Media, Information and Publicity Minister Webster Shamu yesterday sent his condolence
Over US$618 000 tobacco sold on first day
Agriculture Reporters
A TOTAL of 173 505kg of flue-cured tobacco worth US$618,350 were sold on the first day of the 2012 tobacco selling season that started on Wednesday. The average price was US$3,56. Last season a total
Some ministers deny abusing Constituency Development Fund
Fortious Nhambura Senior Reporter
SOME of the ministers and legislators who allegedly failed to account for Constituency Development Fund say they were only late in submitting their returns but everything was above board. In interviews