Explainer: The fungibility suspension

Last week, Treasury – through Exchange Control (Suspension of Fungibility of Certain Shares) Order 2020 – suspended the fungibility of Old Mutual Limited, PPC Limited and Seed Co International Limited shares for a period of 12 months.

No funding for Miss Tourism Zimbabwe

Organisers of the Miss Tourism Zimbabwe beauty pageant have postponed the event for the second time to the end of September owing to lack of funding.

Govt to intensify stadium renovations

GOVERNMENT has said it will intensify renovations being carried out at the country’s major stadiums despite the postponement of matches by the Confederation of African Football.

Oil, gas sharing committee set

Government has setup a technical committee to undertake negotiations for a Production Sharing Agreement (PSA) with Australia Stock Exchange (ASX) listed Invictus Energy’s oil and gas prospect in Muzarabani.

Russia cancels business indaba

Russia has cancelled an international business conference set for June in Moscow, where a Zimbabwean delegation comprising legislators was expected to attend, due to the coronavirus pandemic.

Covid-19 suspends gigs

Johannesburg. — Two of Mzansi’s biggest gospel shows, Joyous Celebration’s annual concert and Benjamin Dube’s Spirit of Praise, join the long list of big events that have been postponed, after President Cyril Ramaphosa declared a state of disaster in SA on Sunday amid an outbreak of  coronavirus.

Chinese foundations pledge coronavirus kits to Zim

Zimbabwe is set to receive 20 000 test kits, 100 000 masks and 1 000 medical-use protective suits and face shields from Chinese billionaire Mr Jack Ma.

Why we need to tell liberation struggle stories through film

This week’s edition of the Youth Diaries is directed specifically at the creative sector.

US$24m for fuel

The Reserve Bank of Zimbabwe (RBZ) has released US$23,89 million for the purchase of fuel to be sold in local currency for the week March 16 to 22.

Govt to promote highest standards of hygiene

Government has emphasised that the 60-day suspension of public gatherings does not translate to activities that sustain livelihoods, with education mechanisms being put in place to observe highest standards of hygiene to curb Covid-19.

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