adminInflation forecast to plunge to 3pc
Oliver Kazunga Senior Business Reporter ZIMBABWE’s month-on-month inflation rate is expected to fall to three percent by year-end while the annual rate is seen dropping below 100 percent on the back…
Chaos as Mbudzi roundabout closes for construction
Ivan Zhakata Herald Correspondent As motorists adjust to the closure of Mbudzi roundabout while the huge and complex Mbudzi Interchange is built over the next 18 months, the diversion of…
Invictus gets more land for oil/gas exploration
Business Reporter INVICTUS Energy, which is searching for oil and gas in the north of Zimbabwe, now holds expanded exploration acreage after the Government gazetted the transfer of the exploration…
New Marriages Act comes into operation
Zvamaida Murwira Senior Reporter The new amalgamated and updated Marriages Act was brought into operation on Friday last week by President Mnangagwa, after he confirmed the Parliamentary approval in May.…
Chronicle Editor
- Chronicle
- September 20, 2022
- 83 views
Mtshabezi greenbelt transforms rural agric
Sukulwenkosi Dube-Matutu, Matabeleland South Bureau Chief AN 87-year-old dream turned into reality following Government’s bold move to transform Mtshabezi Irrigation Scheme in Gwanda District, Matabeleland South, into a greenbelt in line…
Mat South endorses President
Thupeyo Muleya Beitbridge Bureau THE Zanu PF Matabeleland South’s Provincial Coordinating Committee has endorsed President Mnangagwa as the sole candidate for the party’s elective congress to be held late next…
Funding agric to boost CBZ Holdings revenue
Business Reporter Equities research firm, IH Securities, expects that financial Services group CBZ Holdings’ focus, going forward, to lean on the agricultural sector given the bank’s drive to support the…
malvernmugadzikwa
- businessweekly
- September 20, 2022
- 62 views
Govt gets tough on errant officials ….As Mthuli pays $184 billion to services in two months
Government officials found complicit in overpricing supply contracts and other procurement malpractices, will be severely punished as such actions render the National Budget inadequate, a Cabinet Minister said on Monday.…
- Chronicle
- September 20, 2022
- 64 views
PRICING RACKET . . .Government suppliers, contractors bleed Fiscus through speculative billing
Nqobile Bhebhe, Senior Business Reporter GOVERNMENT’s value for money investigation on all payments to suppliers and contractors to ministries, departments and agencies has exposed a massive overpricing scam by unscrupulous service…
Hyundai top executive expected to visit
Lovemore Chikova Assistant Editor Zimbabwe’s plans to entrench the use of electric vehicles will get a major boost this week when Hyundai Motor Group chief executive Mr Song Ho-sung pays…