Govt plans SPV to fund local industry

Golden Sibanda Senior Business Reporter Government plans to establish a Special Purpose Vehicle (SPV) to mobilise funding from external institutions to support local industry. Industry and Commerce Minister Mike Bimha said the…

EDITORIAL COMMENT: The signing is done, now to implementation

THROUGH the mega deals with China and Russia, Government has proved its ability to attract investment by signing deals which unlocked commitment more than anything else.

IMF team arrives

Conrad Mwanawashe Business Reporter An International Monetary Fund team arrived in the country yesterday to negotiate a successor Staff Monitored Programme (SMP) and immediately held meetings with the Minister of Finance…

Economists allay price hike fears

Felex Share Herald Reporter THE recent five cents hike in excise duty per litre of petrol and diesel will neither trigger inflation nor increases in the cost of goods and services,…

30 more tollgates on cards

Heather Charema Herald Reporter MOTORISTS should brace to pay more for travelling as Government plans to establish 30 more tollgates to raise more money for road infrastructure development.

Man wins lobola case

Lovemore Meya Court Reporter A Zimre Park man got the shock of his life when his wife was snatched and impregnated by another man while he was waiting to pay lobola…

NRZ will bounce back, says Mpofu

Business Reporter Transport and Infrastructure Development Minister Dr Obert Mpofu, yesterday said demonstration by National Railways of Zimbabwe (NRZ) workers were stifling progress in finalising financing deals with potential investors.

A Bleak Decade For Cricket

Robson Sharuko Senior Sports Editor HEATH Streak has fired the first shots, in the countdown to Zimbabwe’s tour of Bangladesh next month, with the Tigers’ bowling coach describing the past decade…

Russia keen to support companies

Oliver Kazunga Senior Business Reporter BULAWAYO. — The Russian government is keen to facilitate technical assistance and lines of credit through the country’s banking system to support the revival of industry.

Beatrice land row sucks in Chombo

Lovemore Meya Court Reporter Twenty-nine Beatrice families accused of occupying Subdivision 1 of Breamer Farm reportedly owned by former Harare regional magistrate Mr Peter Mufunda want Local Government, Public Works…

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