Biti eyes US$3,5bn budget for 2012

Lloyd Gumbo Herald Reporter
FINANCE Minister Tendai Biti says the 2012 national budget will require US$3, 5 billion, with salaries for civil servants

No retests for all drivers, says Government

Herald Reporter
THERE will not be any retests for all drivers as yet, Government has said. Transport, Communications and Infrastructural  Development Minister Nicholas Goche told a Press conference on Tuesday that Government was, in fact, seized with issues related to fake certificates of competency.
“In all honesty, Government hasn’t discussed the need to retest all drivers,” said Cde Goche.
“We know that there is rampant corruption at VID depots and we suspended so many people when I came into office.

“What is happening now is that those who acquired these (fake) licences are already in the process of returning them because they are known.

Duty-free cars for civil servants

Felex Share Herald Reporter
GOVERNMENT is proposing a duty-free car import scheme for civil servants with effect from January next year. Highly-placed  sources say this is part of Government’s efforts to boost its workers’ morale through non-monetary benefits.
The Government is also reintroducing a car loan scheme for senior civil servants where they receive loans of up to US$7 000 payable within 10 years.
Sources say Government accepted the proposals by the Public Service Commission and was now engaging other stakeholders.

“It is common knowledge that the idea of improving the workers’ (civil servants) welfare is still going on and this is one

Euro debt crisis casts shadow over markets

This week sees the European Central Bank meet in Brussels to outline their rate outlook and growth concern issues. The euro

‘Utilise company rescue legislation’

Claudious Nhemwa Business Correspondent
DURING 2008, Zimbabwe went through very difficult and unprecedented economic problems. The business environment was

Western interference stalls Anjin’s diamond sales: Mushohwe

Martin Kadzere Senior Business Reporter
DIAMOND miner Anjin Investments is yet to sell its gems due to continued interference by Western countries, Manicaland

Nurturing, protecting organisational talent

Bruce Lee had an insatiable appetite for perfection. Though he was a martial arts champion for many years, he continued

Dawn Properties in talks with African Sun

Business Reporter
ZIMBABWE Stock Exchange-listed property firm Dawn Properties is still locked in negotiations with its major tenant, African Sun,

Mobile flea markets on cards

Fortunate Jaravaza Business Reporter
THE Cross-Border Association of Zimbabwe will soon launch a mobile flea market that seeks to empower local cross-border

Communities in mining areas to benefit under empowerment programmes

Walter Muchinguri recently in Mutare
GOVERNMENT will next week start rolling out the community trust programme through which communities in mining areas