“The economic situation that prevailed in the country in the last few years was such that insurance premiums were losing value as soon as they were paid. Most investment instruments could not keep pace with the rate of inflation, thus prejudicing companies and their customers of value,” said…

ZANU-PF insiders this week said Zimbabwe’s ambassador to South Africa was travelling at least once a week from Pretoria to attend to party business in Harare.The Financial Gazette could not immediately establish if the party was funding Khaya Moyo’s travelling expenses and his costs of accommodation at local…

Under cross-examination from defence lawyer Beatrice Mtetwa, State’s expert witness, Perekai Denchort Mutsetse, who claimed he is a provincial engineer for Africom based in Mutare, stunned the court when he said he was hearing the term “computer hacker” in court for the first time in his life.“There are…

A recent report by the Public Accounts Committee (PAC) noted that a previous instruction for the RG’s Office to retain all funds raised had expired in December 2003.The department falls under the Ministry of Home Affairs headed by co-Ministers Kembo Mohadi and Giles Mutsekwa. Home Affairs permanent secretary,…

The organ warned ZANU-PF and the two Movement for Democratic Change (MDC) formations that the violence was undermining efforts to turn swords into ploughshares in line with a power-sharing agreement signed in September 2008 after a decade of unprecedented political clashes.It also expressed disappointment over these skirmishes to…

In a statement issued last Friday and posted on the ICAZ official website, the institute said its council had resolved to deregister all members in arrears with subscriptions for 2009.“Council resolved that all members with outstanding annual subscription fees for 2009 be deregistered without further warning,” ICAZ said.Most…