Little wonder, the general regulations gazetted in January last year to implement the Indigenisation and Economic Empowerment Act passed four years earlier, are now literally a patchwork of amendments, just over a year after promulgation.From this initial stockpile of conceptual mistakes, government has also made some “discoveries” and…

The Information Ministry has sent out invitations to journalists for a media tour of Chimoio and Nyadzonya training camps that kicks off today, in a project it says is aimed at correcting historical distortions and myths about the liberation struggle.The trip comes weeks after a ZANU-PF aligned organisation,…

The top international award is regarded by bankers as an industry standard for “banking excellence.”“We are delighted to have received this recognition,” said Stanbic chairperson, lawyer Sternford Moyo.“It is evidence of maintenance of a tradition of excellence in banking which has been recognised in the bank before."Moyo said…

An amendment to the Copyright and Neighbouring Rights Act is contained in the General Laws Amendment Bill, a proposed legislation currently before Parliament that seeks to revise over 10 statutes. Justice and Legal Affairs Minister Patrick Chinamasa is steering the revision of the proposed laws that include changes…

In a statement after talks with Zimbabwe’s authorities in the capital Harare, the IMF said the country’s budget was skewed by a massive public wage bill and not enough resources for social programmes for the poor and important infrastructure spending.It said the short-term growth potential, especially in mining,…

This has been attributed to gross under capitalisation, sanctions and unsettled labour disputes, according to a Parliamentary report by the Portfolio Committee on Transport and Infrastructure Development.The airline made huge losses during the price control and Zimbabwe dollar era and has recently suffered significant losses after a strike…

Magistrates and other judicial officers at the courts embarked on the industrial action to press for a review of wages and other conditions of service.By yesterday, only one regional magistrate at Harare’s Rotten Row courts was expected to sit and remand all cases brought before the courts.Police spokesperson,…

Lawyers, Matsikidze and Mucheche Legal Practitioners, who are representing the pilots, confirmed that they had received instructions from their clients to attach Air Zimbabwe property.They are currently seeking to recover US$330 000 to help the pilots meet urgent costs.AirZim chairperson, Jonathan Kadzura, said the airline had no money to…

The move by the government, which worsened risk and heightened aversion to Zimbabwean mining stocks, rattled stock markets across the world, forcing a share tumble in stocks with significant exposure to Zimbabwean mines, particularly platinum.Executives scrambled to re-assure investors and curtail a drubbing of share prices, indicating that…