adminParastatals work to comply with law
Parastatals are working on submitting their financial statements to the Auditor General’s Office as required by law, amid indications that 38 State Owned Enterprises (SOEs) and parastatals were not compliant.
Bakers send SOS to Government
The Bakers Association of Zimbabwe (BAZ )wants the Government to extend the period it granted them to import flour and to contract farmers to grow more wheat this winter season to boost local supplies.
Stimulus package to be released next month
The mining sector stimulus credit facility to be administered by the Minerals Marketing Corporation of Zimbabwe (MMCZ), which Government agreed to avail for small scale miners at last week’s cabinet meeting, will be released next month as production up scaling efforts gather pace.
US dollar gains
NEW YORK. – The dollar posted sharp gains yesterday against the safe-haven Japanese yen and Swiss franc, rebounding from the prior day’s huge losses, as investors hoped global monetary policymakers will launch further stimulus plans to ease the economic impact of the coronavirus outbreak.
‘Bring Bosso hooligans to book’
FOOTBALL authorities have urged the law enforcement agents to investigate the violent incidents during the Castle Challenge Cup between Highlanders and FC Platinum at Barbourfields on Saturday and bring the hooligans to book.
Acting town planner arrested
ACTING Harare City Town Planner Samuel Nyabeza appeared in court yesterday on allegations of demanding a bribe from a client to facilitate the quick processing of their lease agreement.
Call for review of board appointments
Government should urgently appoint members to all statutory health boards to ensure proper policy direction and guidance, Community Working Group on Health director Mr Itai Rusike has said.
Oil slumps
Oil prices extended the gloom yesterday after a Saudi-Russian price war and an equities meltdown sparked by the coronavirus pandemic saw their biggest weekly losses in more than a decade.
Sand dams could be answer to water woes in drought
Everything begins with water, so goes an old adage. And harnessing low-tech innovations such as sand dams could help communities in drought-prone parts of the country prepare for the effects of climate change that now includes longer periods of drought and erratic rainfall patterns.
Old Mutual share price drops
The share price of dually listed entity, Old Mutual Limited, fell by 19,91 percent on the Zimbabwe Stock Exchange yesterday in the wake of Government’s decision to suspend the share’s fungibility status for the next 12 months to March 12, 2021.