admin‘Zim-Asset funding a challenge’
Oliver Kazunga Acting Business Editor FUNDING the Zimbabwe Agenda for Sustainable Socio-Economic Transformation (Zim-Asset), which requires $27 billion, is the biggest challenge the country faces as it implements its five-year…
NRZ revenue down 11 percent
Harare Bureau THE National Railways of Zimbabwe’s revenue in the eight months to August 2013 dropped by 11 percent to $54,74 million from $61,96 million in the comparable period the…
Microfinance institutions urged to comply with laws
Oliver Kazunga Acting Business Editor THE Reserve Bank of Zimbabwe (RBZ) has issued a circular to money lending and microfinance institutions urging them to comply with the minimum capitalisation levels…
AAG to lobby for tax exemption to struggling firms
Oliver Kazunga Acting Business Editor EMPOWERMENT body Affirmative Action Group (AAG) says the Zimbabwe Revenue Authority has agreed to allow businesses in Bulawayo with tax arrears to secure 2014 tax…
High Court to rule on SMM
Harare Bureau THE High Court is today expected to rule on the urgency of a case in which businessman Mutumwa Mawere wants the court to determine whether Shabani Mashava Mine…
ZMDC courts Chinese investors
Harare Bureau ZIMBABWE Mining Development Corporation (ZMDC) is courting Chinese investors to partner in resuscitating its Jena and Sabi gold mines at a cost of $30 million. Sabi and Jena…
Speaker bemoans incapabilities of some MPs
Harare Bureau SPEAKER of the National Assembly Cde Jacob Mudenda has bemoaned the limited academic qualifications of some legislators saying this contributes to their failure to grasp parliamentary processes.
‘Arrest corrupt officials’
Chronicle Reporters CIVIL society groups in Bulawayo have called for stiffer penalties to be imposed on officials fingered in corruption, saying exposing the vice and dissolving company boards was not…
US Congressman Reynolds deported
Harare Bureau A HARARE magistrate has ordered the immediate deportation of former United States Congressman for Chicago Melvin Jay Reynolds who was convicted of overstaying in Zimbabwe.
Man sneaks into daughter’s blankets, rapes her
Senior Court Reporter A DIVORCED Fort Rixon man sneaked into his 14-year-old daughter’s blankets and raped her on Valentine’s Day, a magistrate heard. Bulawayo magistrate Gladmore Mushove heard how sometime…