RBZ releases US$41m for fuel

Paidamoyo Chipunza Senior Reporter Fuel queues that resurfaced in most parts of the country over the weekend are expected to ease this week following the release of US$41 million by…

Govt to trim civil service

Government says civil service is top heavy and needs to shed off excess employees as part of its restructuring exercise, Transitional Stabilisation Programme (TSP) report revealed.

Over 4 000 big firms evade tax: Govt

OVER 4 000 big businesses in Zimbabwe are not registered with the Zimbabwe Revenue Authority (Zimra) for tax purposes, Finance and Economic Development Minister Professor Mthuli Ncube revealed last Friday. Presenting the Government’s Transitional Stabilisation Programme (TSP), the minister said robust tax administration measures had been adopted to increase compliance and widen domestic revenue mobilisation, which is critical for oiling economic growth.

Editorial Comment: Together Zimbabwe shall overcome

Friday and early Saturday presented a real bonanza for purveyors of negative news as it became apparent that a number of service stations in cities and towns did not have fuel. Instead, queues meandered wherever the commodity was found.

WHAT A CLOSE SHAVE

DYNAMOS interim coach Lloyd Chigowe described his goalkeeper Simba Chinani as a shining star after the 23-year-old produced two stunning saves in the penalty shoot-out to usher the struggling Harare soccer giants into Chibuku Super Cup semi-finals at the expense of newboys Herentals at Rufaro yesterday.

Telcom revenues jump 20pc

Zimbabwe’s mobile operators have continued on a growth trajectory with 2018 second quarter revenue increasing by 19,7 percent to $292,9 million compared to the previous quarter on growth across the board. Figures from regulator, Postal and Telecommunications Regulatory Authority (Potraz) show that mobile internet, data traffic, mobile money and mobile voice traffic experienced growth during the quarter under review.

Direct Aid, Norton in primary school project

Blessings Chidakwa in Kadoma Kuwait-funded organisation, Direct Aid, has joined authorities in Norton to build a modern boarding primary school which is expected to be operational by mid-next year. There…

TRIANGLE DEMOLISH NICHRUT

Oscar Rusenga in Triangle Triangle . . . . . . . . . . . . . . . . . . (2) 5 Nichrut . . . .…

Mpumelelo Dzowa for legends dinner

Albert Marufu in LONDON, England CAPS United great Mpumelelo Dzowa will be the guest speaker at this year’s edition of the CAPS United UK Legends Soccer Night and Dinner Dance…

Govt mulls more funding options

GOVERNMENT is considering a number of funding options for distressed firms, including crowdfunding and setting up a Venture Industrialist Fund, in a bid to accelerate the re-industrialisation programme aimed at creating more decent jobs for citizens.

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