adminDraw-down from $250m facility begins today
Zimbabwe will — with effect from today — start drawing down on a $250 million line of credit facility from a United Kingdom-based firm, Gemcorp Capital, an international independent investment fund management entity that focuses on emerging markets, to import essential commodities.
Editorial Comment: Road safety needs holistic approach
We extend sincere condolences to families that lost their loved ones in Wednesday’s horror crash that claimed 46 lives when Smart Express and Bolt Cutter buses side-swiped along the Mutare-Harare Highway near Rusape.
Bond not the problem- Mangudya
Bulawayo Bureau RESERVE Bank of Zimbabwe (RBZ) Governor Dr John Mangudya yesterday defended the use of bond notes, saying the real cause of problems facing the economy was not the…
Former commissioner general prejudices ZIMRA of nearly 12 million
Anesu Madiye Herald Reporter FORMER Zimbabwe Revenue Authority (Zimra) commissioner general Gershem Takavada Pasi was yesterday brought before the court on charges of criminal abuse of office after he allegedly…
‘WE WON’T MEDDLE’ . . . Kirsty rules out interference in sport . . . Ugly twist to ZIFA election build-up
SPORT, Arts and Recreation Minister Kirsty Coventry has once again ruled out Government interference in the operations of national associations and instead indicated that Zimbabwe was working well with various international federations that govern the various disciplines.
ZPC, Intratrek dispute rages on
INTRATREK Zimbabwe, which is entangled in contractual dispute with Zimbabwe Power Company (ZPC) over the Gwanda solar plant, has filed submissions to the High Court seeking an order compelling ZPC to allow it to fulfil terms of the project agreement or be paid $25 million damages for breach of contract.
Katsande not worried about captaincy
Mukudzei Chingwere Sports Reporter FORMER Warriors skipper Willard Katsande is not concerned about the prospect of playing for the national team without the armband on his return to the fold…
Warriors drop duo
THE Warriors technical team has been forced to drop the injured duo of Terrence Dzvukamanja and Byron Madzokere from their plans ahead of the Africa Cup of Nations qualifier against Liberia.
Govt assures civil servants of bonus
Bulawayo Bureau Finance and Economic Development Minister Professor Mthuli Ncube yesterday assured civil servants of a bonus incentive for 2018 whose finer details would be clarified in due course in…
Zinara/Noic officials use personal accounts for business
Zvamaida Murwira Senior Reporter The Zimbabwe National Road Administration (Zinara) and National Oil Infrastructure Company of Zimbabwe (NOIC) were using personal bank accounts for employees outside Harare to administer cash…