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EDITORIAL COMMENT : RBZ must do more to regain public confidence
After two banks were implicated in authorising massive withdrawals by two of their clients — which withdrawals were soon perceived to have been offloaded onto the parallel market — the Reserve Bank of Zimbabwe (RBZ) was swift to institute an investigation into how this had been possible.
President appoints two perm secretaries
President Mnangagwa has appointed a renowned agronomist in the private sector, Dr John Basera, as the new Permanent Secretary in the Ministry of Lands, Agriculture, Water and Rural Resettlement and housing specialist Engineer Silibaziso Chizwina the Secretary for the newly-created Ministry of National Housing and Social Amenities.
Growth demands productivity, Zimbabwe demands jobs
Austerity is behind us; opportunities sparkle on the horizon.
Gringo recovers, eyes comeback
ACTOR Lazarus Boora, popularly known as Gringo, will soon make a comeback after going under the knife at a hospital in Chitungwiza last month.
PSL poised for thrilling finale
THE next three weeks should provide the domestic Premiership with a script crafted in heaven as both the title race, and the battle for survival, are likely to push to the last day of the season.
Four games, four towns, one coach, one week
IN the shadows of Lusaka’s Heroes Stadium lie the graves of the 30 men whose death, in a plane crash in 1993, inflicted considerable pain on their nation like nothing had ever done before.
Govt on electronic tax
Government has increased the minimum taxable amounts for intermediated money transfer tax (IMTT), better known as the 2 percent tax, to $100 from $20 per transaction for individuals as it sought to ease the burden on low income earners. The review takes effect from January next year.
Karate tournament for Harare, Bulawayo
THE Champion of Champions karate tournament, which is traditionally held in Harare, will for the first time this year be staged in two cities as part of efforts to grow the sport.
Reduced bank rate to stimulate production
Banks should now be able to lend money to the productive sector at lower rates after the Reserve Bank of Zimbabwe’s (RBZ) Monetary Policy Committee (MPC) yesterday resolved to reduce the overnight bank rate from 70 percent to 35 percent.