NEWLY sworn in Tsholotsho North legislator, Jonathan Moyo has been 'kicked out' of cabinet because he is no longer a non-constituency member of parliament. (more…)

FINANCE Minister Patrick Chinamasa on Monday said government intends to reschedule its US$40 million debt with the  International Fund for Agricultural Development (IFAD) as part of its re-engagement efforts with the organisation. (more…)

THE Reserve Bank of Zimbabwe says the banking sector's capitalisation though largely in compliance with minimum capital requirements, remains under threat from losses being recorded by a few banking institutions and the high levels of non-performing loans. (more…)

ZIMBABWE’S Diasporans bro-ught in over US$1 billion during the 17 months to May this year, bailing out a liquidity-starved economy that had international remittances amounting to US$2,5 billion during the period, the Financial Gazette can report. (more…)

NEARLY two years after President Robert Mugabe’s government ordered councils across the country to write-off arrears owed by ratepayers in a desperate bid to drum up support for ZANU-PF, the local authorities are now bankrupt and tottering on the brink of collapse. (more…)

THE Welshman Ncube-led Movement for Democratic Change (MDC) suffered yet another setback this week after its treasurer-general, Paul Themba Nyathi, resigned from his post. (more…)

ATLAS Mara on Wednesday announced it had sold its 10 percent stake in emerging Zimbabwean private equity firm Brainworks Capital for $8,72 million. (more…)

THE Zimbabwe Road Administration Authority has spoken against the move by the country’s revenue collector ZIMRA to tax the $206 mln loan used to rehabilitate the Plumtree-Mutare Highway. (more…)

GOVERNMENT, battling to stem an accelerating economic crisis that was primarily triggered by its land reform programme, is contemplating returning some underutilised farmlands back to a number of former white owners after failing to compensate them, the Financial Gazette can report. (more…)

Nhau Mangirazi KARIBA — Thirty-five-year old Never Bingari is among several hundreds of kapenta fishermen whose future looks uncertain as the July deadline nears for their employers to pay up for permits and fines dating back to last year. (more…)