September 16, 2024
The discovery of the multiple payments has jolted the authorities into action in a desperate bid to plug the leaks bleeding the hard currency-starved inclusive government.The Financial Gazette can exclusively reveal that payments to hundreds of State employees have since been frozen while contracts for scores of civil…
Zimbabwe desperately needs huge cash injections to support its economic revival programme, which Finance Minister Tendai Biti has said would falter without the backing of deep-pocketed multilateral and bilateral donors.The International Monetary Fund (IMF), which immediately scheduled to May 4 a board meeting on the country soon after…
Africa’s cellular giant has taken the unusual step of declaring its interest ahead of firming up any precise moves by exhibiting at the Zimbabwe International Trade Fair in Bulawayo this week.Spokeswoman Nozipho January-Bardill said on Tuesday plans were still preliminary, but operating in Zimbabwe was definitely high on…
Chinotimba organised war veterans last week to protest against the drive to repossess farms and farming equipment given to new farmers by the Reserve Bank of Zimbabwe from those who were productively using them.Speaking at a business conference organised by the National Economic Consul-tative Forum at the Zimbabwe…
Coltart described government's failure to produce last year's Grade Seven, Ordinary and Advanced Levels examination results as a national tragedy."I am concerned about these school children as they are being prejudiced of their right. It's a national tragedy and personal tragedy. I am working as hard as I…
Chris Dhlamini, the MDC-T head of security, Gandhi Mudzingwa, former aide to Prime Minister Morgan Tsvangirai and Andrison Manyere, a freelance photojournalist, were abducted last November and later remanded in custody at the Chikurubi Maximum Security Prison. The three were however, granted bail more than a week ago…
The 30-year-old civil servant is, however, not the only one confronted by the seemingly insurmountable problem.After hyperinflation completely obliterated the country's currency into oblivion many Zimbabwean workers have been surviving on paltry allowances while they sweat for long hours to keep the crippled southern African economy afloat.The workers'…
The latest development is seen posing another challenge to the delicate power-sharing agreement whose signatories – President Robert Mugabe, Prime Minister Morgan Tsvangirai and Deputy Prime Minister Arthur Mutambara – have been haggling for the past seven months over how to resolve a catalogue of sticky points poisoning…
The "rebels" have also turned their guns on Ministers Welshman Ncube (Industry and Commerce) and Priscilla Misihairabwi-Mushonga (Regional Integration and International Cooperation) over their participation in the government of national unity.Leading the anti-inclusive government drive is Nkayi lawmaker and MDC-M's chairman for Matabeleland North, Abednico Bhebhe and Job…
World Bank President Robert Zoellick told reporters Zimbabwe's new Finance Minister, Tendai Biti, would attend the Spring meetings of the bank and the International Monetary Fund (IMF) this week. "One, we would certainly like to (assist Zimbabwe). We had early missions with the African Development Bank to try…
