admin‘Zim is not poor’
ZIMBABWE will not take the Heavily Indebted Poor Country (HIPC) route as it still has economic indicators that do not qualify it into the grouping, an official in the Ministry of Finance and Economic Development has said. Mrs Martha Mugweni, who works in the Ministry of Finance’s Aid and Debt Management Office, last week said becoming a HIPC was not automatic as it depends on some economic indicators.
‘Price increases cushion firms with foreign debts’
The Reserve Bank of Zimbabwe (RBZ) believes that most companies with external debt are not going to be adversely affected by the introduction of the interbank foreign currency market, as they have cushioned themselves against rising liabilities through excessive price increases.
Auction floors now a crime haven, say police
Crime Reporter Police have urged tobacco farmers to be wary of organised criminals who take advantage of the increase in human and vehicular traffic at the auction floors during this…
Council workers go without pay
Harare City Council has been struggling to pay its employees since January this year, it has emerged. Ironically, the local authority has recruited over 600 employees since the beginning of the year. A source at council told this publication that life for workers had become a nightmare due financial constraints.
Airzim tenders for insurer
National carrier Air Zimbabwe is seeking reputable insurance companies to provide cover for its aeroplanes.
Undemocratic ‘democrats’
There is hardly any democracy to talk about in how leadership is chosen in our opposition, yet those riding roughshod over democratic processes are crowned as democrats, or proudly make the claim themselves.
Selmor off to flying start
SELMOR Mtukudzi and the “original Black Spirits” were first off the mark on Friday night in Harare as another Black Spirits serenaded music fans at the Cape Town Jazz Festival in South Africa the following day. In Harare, Selmor got a massive boost from her late father, national hero Dr Oliver “Tuku” Mtukudzi’s diehard fans, her in-laws Zexie and Stella Manatsa, aunt Bybit, nephew/confidante Rukainga and the singer’s own mother, Melody Murape.
More donations for Cyclone Idai victims
Nyore Madzianike Senior Reporter THE Islamic community has pledged to assist in rebuilding infrastructure that was destroyed in Chimanimani and to continue working with the Government in providing aid to…
Triangle edge Ngezi Platinum
RUSSEL MADAMOMBE and Kudzai Chigwida spoiled Dutchman Erol Akbay’s first match as the Ngezi Platinum coach as they guided Triange to victory in this Castle Lager Premiership match at Gibbo yesterday.
The case for lecturers with PhD qualifications
Leeroy Dzenga Features Writer Government has adopted a stance of lenience towards university lecturers who do not hold doctorates. There have been growing calls in the academic spheres that lecturers…