adminGovt demands diamond dividends
Lloyd Gumbo Senior Reporter The Reserve Bank of Zimbabwe has ordered banks to deduct 15 percent special dividends from gross diamond sales, backdated to April this year in line with provisions…
Resign instead, say analysts
Herald Reporters ANALYSTS say the honourable thing for Vice President Joice Mujuru to do is to resign if the allegations of corruption and abuse of office levelled against her by…
Apologise or face the boot, VP told
Felex Share and Farirai Machivenyika The FIRST Lady Amai Grace Mugabe’s penultimate rally at Chipadze Stadium in Bindura yesterday took no prisoners as she catalogued a list of corruption allegations…
Editorial Comment: Roadworks justify toll fee hikes
The announcement on Wednesday that work on the upgrading of the Beitbridge-Bulawayo-Victoria Falls highway that will cost $800 million will start soon, is sweet music to the ears of the…
‘Tsano’ starts work
Sikhumbuzo Moyo Senior Sports Reporter VETERAN coach Cosmas “Tsano” Zulu who was appointed Bosso technical advisor on Tuesday, started his official duties yesterday. On Wednesday, Zulu, a former club player, assistant…
Matabeleland swimmers optimistic
Ngqabutho Moyo Sports Reporter A 14-member Matabeleland swimming team will take part in the National Sprint Swimming Championships in Mutare this evening. The team is set to travel this morning for…
Chipeta ready for PSL games
Aaron Dube in Johannesburg, South Africa WARRIORS’ defender Eric Chipeta who plays for South African Absa Premiership side Chippa United, has alleged that the delay in receiving a work permit…
Import duty hike drives up local goods supply
Mpumelelo Nyoni Business Reporter THE recent tightening of import duty by the government has started paying dividends resulting in the increase in supply of local products on the market and reduction…
Banking sector remains ‘generally stable’: RBZ
The Reserve Bank of Zimbabwe says the banking sector has remained “generally stable” with two banks now having exceeded the $100 million minimum capital requirement.
New youth fund framework formulated
THE government and banks that are disbursing the Youth Development Fund (YDF) have agreed on a new framework which compels beneficiaries to have guarantors in case of default, a cabinet…