November 25, 2024
In his review statement last week, Biti again admitted the unity government was technically broke as donors were reluctant to loosen their purse strings and as such the coalition was in no position to award civil servants salary increments.The country’s wage bill is currently estimated to be around…
The Financial Gazette has it on good authority that a number of senior managers running the affairs of some parastatals face the axe if they fail to take heed of the government’s directive and act within three months.Sources said Cabinet, on Tuesday, recommended the course of action to…
The Masvingo South legislator is alleged to have exerted his influence to wrest a contract to transport the Brazilian national team from Pathfinder during their brief stay in Zimbabwe last month. The Brazilians beat Zimbabwe by three goals to nil in a pre-World Cup warm-up match in Harare,…
• Government admits economic recovery fragile • State to nationalise alluvial diamond mining • Biti asks KP to allow diamond trade• State to regularise 99-year lease agreements THE coalition government should make 99-year farm leases issued to new farmers bankable to allow them to access capital from financial…
On Monday High Court judge Justice Bharat Patel postponed the matter in which Kadoma mining commissioner, Byl Manyange, the plaintiff, also revealed that Mpofu had attempted to evict him using the police, but the action was stopped after he obtained a court order.According to Manyange’s summary of evidence,…
Outlining the government’s legislative agenda in his address to the august House on Tuesday, the President unveiled 23 proposed laws, but was mum on the amendment of the Public Order and Security Act (POSA), one of the demands of the Global Political Agreement, which paved way for the…
A financial group with tentacles in commercial banking, asset management, life assurance, re-insurance, stock broking and mortgages, ZB is 26 percent owned by the government.The group hopes the resultant wider scope of its networks would create an environment for growth opportunities with the potential to lift it out…
In its notice for the 40th annual general meeting (AGM) of shareholders dated July 9 2010 and signed by group finance director, Madaritso Luka, Pioneer’s board of directors said it is seeking a resolution “to waive the members’ rights to receive detailed financial statements, including a copy of…
Levi Mukarati, Senior Political Reporter POLICE have dug up charges allegedly linked to troubled ZANU-PF politician and businessman, Temba Mliswa, dating back to 2002, which include contravention of the Firearms Act, contempt of court, extortion, public violence and house breaking.The Financial Gazette is in possession of documents tabulating…
Biti, who had limited options at his disposal given the precarious state of the country’s economy, marginally relaxed the tax-free threshold to cheer up the struggling worker, lowered duty on some of the imported basic goods to make them more affordable in the wake of strained incomes and…
