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Diamond policy review overdue

‘Ncube’s budget figures fictitious’

THE monetary policy developments that took place since the announcement of the 2019 National Budget Statement in November broadly informed the 2019 Mid-Year Budget Review and Supplementary Budget. The review reaffirmed government’s commitment to implementing the “Austerity for Prosperity” mantra, which was rephrased to “Building a Strong Foundation…

US$1,2m spent on suspended bosses

THE State-controlled diamond outfit, Marange Resources spent US$1,2 million in salaries for seven suspended executives during the 11 months to December 31, 2014 due to delays in concluding investigations into their cases, an audit report has disclosed. (more…)

Fiscal pressures stalk Biti

It was a remark that acknowledged that despite frantic efforts to heal the country's fragile economy over the past three years since formation of an inclusive government by the country political protagonists, Zimbabwe's economy remained unhealthy and exposed.He revealed that revenue for the half year had already underperformed…