adminAssociation of micro-finance institutions to open office in Byo
Oliver Kazunga
THE Zimbabwe Association of Micro-finance Institutions (Zamfi) plans to open an office in Bulawayo, a development expected to decentralise the association’s operations.Govt crafting new SMEs policy
The Government is crafting a new small to medium enterprises (SMEs) policy framework to seek funding and ways to increase market access by the sector following expiry of the original one in 2007.Artiste fuses urban grooves with house music
Entertainment Reporter
BULAWAYO artiste, DJ Tomza, has released an eight-track album that offers a unique blend of house and urban grooves.Zambezi Gas seeks $100m to resume project
Business Reporter
ZAMBEZI Gas needs more than $100 million to develop its coal bed methane gas project in Matabeleland North province, the company’s acting chief executive Mr Thomas Nherera said yesterday.Patient disappears from hospital
Marvelous Moyo
AN 84-year-old hypertension patient disappeared from Gwanda Provincial Hospital on Sunday where he had been admitted.
Parly Select Committee adopts draft Constitution
Harare Bureau
THE 25-member Parliamentary Select Committee has formally adopted the revised draft Constitution, marking the end of the drafting phase of Zimbabwe’s new supreme law.
The committee is now finalising a report that will accompany the draft to Parliament on Tuesday.
Copac co-chairperson Cde Munyaradzi Paul Mangwana told journalists yesterday that they would move a motion next Tuesday seeking permission to present the draft.
“It is our hope that after the motion, Parliament will permit us to present our reports on Wednesday,” he said.
Once the draft is adopted by Parliament, a publicity campaign to inform and educate Zimbabweans on its contents would begin.
Copac will distribute copies of the draft throughout the districts in 11 local languages and Braille.Bid to bribe police officer backfires
Midlands Correspondent
A Gweru commuter omnibus driver’s bid to give a $5 bribe to a police officer at a road block backfired when he was arrested and his kombi impounded.
Bank charges to go down substantially
Harare Bureau
BANK charges will soon be reduced substantially following negotiations between the banking sector and the Reserve Bank of Zimbabwe amid concerns that the current level of charges was against international banking practice.
Reserve Bank Governor Dr Gideon Gono disclosed this while presenting his 2013 Monetary Policy Statement in Harare yesterday.
He said 25 banks yesterday signed a memorandum of understanding that will chart the way forward.
“Zimbabweans across the board are agreed that the level of bank charges is out of line with international best practice. It is heartening to note that after 75 days of negotiations, the Reserve Bank of Zimbabwe and the banking sector came up with an agreed framework which will see substantial reduction in bank charges,” said Dr Gono.
Some of the issues covered under the MoU include a clause that the participating financial institutions will be obliged to pay interest on amounts of $1 000 and above held over a period of at least 30 days.All set for netball super league promotional play-offs
Lillian Sibanda
ALL is set for the Zimbabwe National Association (Zina) Netball Super League promotional play-offs that are scheduled for Mbare Stodart Netball Complex in Harare tomorrow.
Zapu members demand clarification on party post
Chronicle Reporter