November 26, 2024
This is part of a broad-based government policy that will soon spread to other professions as Pretoria seeks to promote and boost employment for its nationals ahead of foreigners.Should the authorities there continue on this path, thousands of Zimbabwean teachers in South Africa are likely to find themselves…
NSSA is a corporate institution established by an Act of Parliament in 1989 to administer social security schemes in Zimbabwe. It started operations in October 1994 with two schemes. These are the National Pension Scheme and the Workers Compensation Insurance Fund also known as The Accident Prevention Scheme.…
The winter cropping season will require at least US$24 million dollars to produce 67 500 tonnes from 30 000 hect-ares, up from 14 000 hectares produced last year, but concerns linger over reliable power supplies which have undermined previous efforts.Wheat production in the last season amounted to 21…
Bennett, who is also the MDC-T treasurer-general, is said to be in South Africa where he fled after he was slapped with a US$1 million defamation suit by Harare High Court judge, Chinembiri Bhunu. This followed an interview he gave to a foreign newspaper in which the politician…
Canvassing for support is said to be slowly heading to a peak, threatening to create factions in the MDC-T, which split into two in 2005 after disagreements emerged over whether or not to participate in Senate elections that year.Sources this week said Bulawayo East legislator, Thabitha Khumalo, who…
These issues needed to be resolved first to pave way for an uncontested vote, a South African Presidential spokesperson told The Financial Gazette.The South African President’s stance comes amid indications that President Robert Mugabe is slowly but surely warming up to the idea of a delayed poll.The President…
The councillors, Hebert Gomba, Peter Marange and Job Mbadzi were part of seven city fathers who were suspended on allegations of grabbing residential stands in the capital city’s high density areas of Highfield and Glen Norah.Harare mayor, Muchadeyi Masunda, said he could not comment as he was in…
But just eight months on, the behaviour of lending rates remain largely unchanged despite a healthier stock of money in financial markets in the form of long-term deposits and increased financial intermediation.Deposits nearly doubled to US$2,1 billion by November last year, from US$1,4 billion in January, while foreign…
The world oil market has ignored desperate assurances from the Organisation of Petroleum Exporting Countries (OPEC) last month that the rest of the 12-member cartel would increase output to counteract the potential supply shocks, and both spot and future contracts have climbed above US$120 per barrel.Analysts predict oil…
The MDC is enmeshed in power struggles following a controversial congress held in January that placed the party’s former secretary general, Welshman Ncube, at the helm, with matters coming to a head after a subsequent resolution to recall Mutambara from the DPM’s post to the largely obscure Regional…
