adminMulti-currencies to stay: President
THE multi-currency regime adopted in 2009 remains in place into the foreseeable future, while Government is committed to cutting expenditure and turning around the fortunes of perennially under-performing parastatals, the President has said.
MUSHEKWI BARES SOUL
Sports Reporters NYASHA MUSHEKWI has provided a graphic heart-wrenching video clip of the excruciating pain he endures in a delicate procedure regularly performed by medical staff of Dalian Yifang, just…
Lessons from Bali; let’s back economic reforms
Zimbabwe made a refreshing breakthrough yesterday when Finance and Economic Development Minister Professor Mthuli Ncube received thumbs-up from cooperating partners in Bali, Indonesia, after presenting reforms being undertaken by Government,…
Afreximbank guarantees convertibility
GOVERNMENT has secured a loan facility from Afreximbank to guarantee the 1:1 convertibility value of Real Time Gross Settlement (RTGS) balances into the United States dollar and availability of the greenback for Nostro foreign currency accounts.
Broken marriage promise triggers $50k lawsuit
Daniel Nemukuyu Senior Court Reporter A MARRIED man who allegedly impregnated a woman after duping her that he was a bachelor and ready to marry, has been slapped with a…
Statutory protection for nostro accounts
Tawanda Musarurwa Senior Reporter Government will soon announce a Statutory Instrument to further protect nostro accounts for individuals and the private sector, Finance and Economic Development Minister Professor Mthuli Ncube…
Capacity utilisation increases
CAPACITY utilisation has increased significantly across all productive sectors, amid indications the manufacturing sector is operating at 20 percent above the same period last year.
EU poll report reads like MDC-A script
Innocent Ruwende Senior Reporter THE European Union (EU) yesterday released its final report on the July 30 harmonised elections, which largely regurgitated MDC-Alliance claims aimed at discrediting the widely hailed…
Govt to raise $3,4bn from 2 cents tax
Oliver Kazunga Senior Business Reporter GOVERNMENT has potential to raise about $3,4 billion annually through the newly introduced Intermediary Money Transfer Tax of two cents, which will widen room for…
Fierce fighting looms
Herald Reporter Fierce fighting is looming in MDC-Alliance after it emerged that a faction within the loose coalition does not want party leader Mr Nelson Chamisa to be contested at…