adminGovt in drive to restore confidence in pensions
GOVERNMENT is working towards coming up with ways of protecting life savings in future and instil confidence in the country’s pensions industry, an official has said.
Rand retreats
South Africa’s rand weakened early yesterday, pausing a post-budget rally that saw the currency trade below a key technical mark as demand for emerging-market currencies fuelled by trade optimism cooled.
Zimra pair, clearing agent in court
TWO Zimbabwe Revenue Authority (Zimra) officers and a clearing agent have appeared in court on criminal abuse of office charges after they reportedly facilitated the entry of undeclared goods worth approximately $48 000 from Mozambique.
Local authorities not acquitting Zinara funds
SIX out of nine local authorities in Masvingo province are not acquitting Zimbabwe National Road Administration (Zinara) funds received for road maintenance and rehabilitation projects, a Cabinet minister has revealed.
UN humanitarian chief arrives today
United Nations (UN) Under-Secretary-General for Humanitarian Affairs and Emergency Relief Coordinator Mr Mark Lowcock is expected to arrive in Zimbabwe today to assess the humanitarian situation in the country and propose a way forward.
Padenga donates vehicles, houses to Nyana Camp
Zimbabwe Parks and Wildlife Management Authority has handed over to employees patrol vehicles and 16 semi-detached staff houses at Nyanyana Camp, replacing small, dilapidated houses built in the 1960s.
New committee for wheat contract farming
The Grain Millers Association of Zimbabwe (GMAZ) has appointed a technical committee to spearhead winter wheat contract farming for the next three years. The National Wheat Contract Farming Committee (NWCFC) is a private sector response mechanism to pleas by Government for industry to support contracting farming.
Dollar nears one-week low
The dollar held near a one-week low against its rivals yesterday as currency markets waited for testimony from Fed Chairman Jerome Powell that might give a further boost to risk appetite.
Tugwi-Mukosi hydro power plant work poised to start
Government has expressed optimism that work on the planned 15-megawatt Tugwi-Mukosi hydro power plant will start soon with the project developer now finalising feasibility studies for the project at Zimbabwe’s largest inland dam.
Don’t waste time fighting: Kazembe
ZANU-PF Mashonaland Central provincial chairperson Cde Kazembe Kazembe has warned party members against wasting time fighting at the expense of economic development.