adminZacc recovers US$100m in corruption assets
The Zimbabwe Anti-Corruption Commission (ZACC) has so far recovered US$100 million worth of assets believed to be the proceeds of corruption and expects the total to exceed US$300 million by year end as it pounces on luxury vehicles and houses in leafy suburbs funded by graft.
Huge lift for agric services
The first batch of 500 motorcycles to ensure agricultural extension officers can easily reach the farmers they advise, monitor and help were handed over yesterday by President Mnangagwa to the Lands, Agriculture, Water and Rural Resettlement Ministry.
EDITORIAL COMMENT : Upgrades will plug smuggling, loopholes
Revelations this week by industrial leaders and confirmation by the tax authorities of potential loss of customs duty revenue amounting to nearly US$1 billion annually through smuggling and exploiting loopholes within customs processes call for urgent action and solutions to stop the haemorrhage.
Sparta legend Rosicky hails Costa
Eddie Chikamhi Senior Sports Reporter FORMER Warriors defender Costa Nhamoinesu has been hailed as a great professional by one of the Czech Republic’s finest footballers of all-time. The Zimbabwean is…
We’re determined to re-engage: SB Moyo
ZIMBABWE is determined to re-engage the world and is doing everything it can to improve the economic welfare of its people but needs the albatross rock of illegal economic sanctions imposed by western countries in order to move fast, a senior Government official said.
Budget: Govt needs to promote Zimdollar use
Finance and Economic Development Minister Professor Mthuli Ncube, is today expected to present the 2020 Mid-Term Budget Review that economic players say should focus on measures that create an appetite for the Zimbabwe dollar, a move that will stabilise the exchange rate, economic agents have said.
Banks have capacity to lend corporates
Local banks have significant financial capacity to lend to corporates that require working capital to support recovery from the Covid-19 pandemic, recent economic research findings have revealed.
New twist to NetOne case
NETONE chief executive Lazarus Muchenje yesterday got a second reprieve after the High Court suspended the termination of his employment contract until the NetOne board has a chance to file its reply to an application to reverse the dismissal pending the final resolution of the labour dispute.
Tobacco firm unveils $660m inputs scheme
One of the country’s major tobacco contract companies, Ethical Leaf Tobacco, has unveiled a $660 million input facility called the Gold Class Scheme.