adminRBZ banker of last resort status restored
Business Reporter GOVERNMENT will restore the banker of last resort function of the Reserve Bank of Zimbabwe with effect from April 2014 by injecting US$100 million into the institution, Finance…
Budget allocates close to US$1bn to education
Business Reporters FINANCE Minister Patrick Chinamasa yesterday reaffirmed the Government’s high regard for education with close to US$1 billion of the US$4,2 billion vote in the 2014 National Budget allocated…
Bombing suspects apply for refusal of further remand
Court Reporter Three Harare men who allegedly petrol-bombed the Highfield house of Zimbabwe’s Ambassador to Botswana, Mr Thomas Mandigora because he had not invited them to his annual house party,…
Woman demands $10 000 from ex-lover
Farai Kuvirimirwa Court Reporter A Norton woman yesterday brought her former boyfriend to court demanding US$10 000 as compensation after the man allegedly deflowered her and later reneged on a…
Mwonzora’s theft trial postponed
Senior Court Reporter The trial of MDC-T spokesperson Douglas Mwonzora in a case in which he is facing charges of theft of trust property dating back to 2006 has been…
Govt bans unrefined gold exports
Tinashe Makichi Business Reporter Exports of unprocessed platinum and diamonds will from January 1, 2014 attract a “heavy” tax as part of Government measures to prod mining houses into beneficiating…
Blood coupons introduced
Herald Reporter Government has introduced a blood coupon system to help support patients unable to pay for transfusions in emergencies. Speaking at the handover ceremony of coupons worth US$25 000…
Govt monitors situation in S. Sudan
Herald Reporter Government is closely monitoring the situation in South Sudan where violence between forces loyal to President Salva Kiir and his former deputy Riek Machar has resulted in the…
Diamonds rake in US$10,5m at Antwerp
Lovemore Chikova News Editor— The first sale of diamonds from Marange on the international scene this week attracted an overwhelming response, achieving total sales of almost $7,6 million (US$10,5m) after…
Civil service salary negotiations begin Monday
Herald Reporter— Negotiations for a salary increment between Government workers and their employer will start on Monday. Also on the table will be how to implement non-monetary incentives, especially for…