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Mnangagwa's third-term bid gathers pace
THE dolling out of top-of-the-range all-terrain vehicles to 100 chiefs from across the country by the government has raised eyebrows amid revelations that the traditional leaders are being rewarded fo...Published: 11 Mar 2024 at 09:08hrs | 2538 | by Staff reporter
Zupco's marriage with contracted buses extended
Zupco's contracts with private bus owners, due to end yesterday, have been extended for another month under better conditions as negotiations are still underway.A committee has since been set ...Published: 02 Mar 2024 at 07:46hrs | 303 | by Staff reporter
Government scraps Zupco service contract
THE Government has terminated the service contract with the Zimbabwe United Passenger Company (Zupco) to provide urban mass transport which was gobbling US$6 million a month, saying the company has be...Published: 25 Feb 2024 at 07:14hrs | 435 | by Staff reporter
'Bulawayo 80% forex rates illegal'
GOVERNMENT has said the decision by the Bulawayo City Council to force residents and businesses to pay 80 percent of rates strictly in foreign currency is illegal and ordered the local authority to re...Published: 20 Feb 2024 at 05:04hrs | 715 | by Staff reporter
Zupco terminates contracts for urban buses
THE Zimbabwe United Passenger Company (Zupco) has initiated a process of terminating its contracts with private owners of buses plying urban routes.The move comes as the remaining buses on con...Published: 16 Feb 2024 at 04:57hrs | 616 | by Staff reporter
Mbudzi interchange fund looted
Several directors at the Ministry of Transport have been quizzed by anti-graft investigators after whistle blowers leaked explosive details linking them to the pillage of a fund meant to compensate ow...Published: 14 Jan 2024 at 20:50hrs | 3558 | by Staff reporter
Mr Mnangagwa where are the ZUPCO buses purchased in 2019?
The Citizens Coalition for Change raises critical questions surrounding the fate of ZUPCO buses reportedly bought and commissioned by Mr. Mnangagwa in 2019, as citizens grapple with transport challeng...Published: 12 Jan 2024 at 06:22hrs | 909 | by Staff reporter
Zimbabwean firm develops 120 passengers seater bus
Returning to innovative solutions to help beat Zimbabwe's urban public transport woes, AVM Africa (Pvt) Ltd has developed a prototype 120-seater bus to provide the most cost-effective solutions on bus...Published: 05 Jan 2024 at 05:49hrs | 293 | by Staff reporter
1 000 more buses for Zupco
Treasury will procure more than 1 000 buses in the next two years, with 250 of them being available in the first quarter of next year, and 50 of those being electric vehicles running off batteries, as...Published: 18 Dec 2023 at 04:53hrs | 349 | by Staff reporter
Mnangagwa ruined Zanu-PF business empire
THE predictable appointment of FBC Holdings chief executive John Mushayavanhu as the incoming Reserve Bank of Zimbabwe (RBZ) governor has completed President Emmerson Mnangagwa's critical post-electio...Published: 12 Dec 2023 at 18:00hrs | 3754 | by Staff reporter
Mnangagwa tightens his grip on levers of Zimbabwe's Treasury
WITH his close business ally John Muyashavanhu now confirmed as the incoming Reserve Bank of Zimbabwe (RBZ) governor, George Guvamatanga as Finance permanent secretary — chief accounting officer of ...Published: 12 Dec 2023 at 17:58hrs | 502 | by Staff reporter
Zimbabwe civil servants get bonuses
CIVIL servants have started receiving their 2023 annual bonuses and the first group comprising those in the security services received their 13th cheque on Tuesday, as the Second Republic moves to ful...Published: 16 Nov 2023 at 05:03hrs | 854 | by Staff reporter
Zimbabwe govt announces bonus payments for civil servants
Traditional chiefs, headmen and their messengers are set to receive bonuses this year as government moved weekend to confirm plans to award bonuses to all civil servants and pensioners.Governm...Published: 12 Nov 2023 at 20:45hrs | 1811 | by Staff reporter
Mnangagwa's govt awards chiefs hefty bonuses
The government has awarded traditional leaders a 100% bonus this year as a "performance reward" after they played a key role in mobilising their subjects to vote for Zanu-PF during the August election...Published: 12 Nov 2023 at 11:52hrs | 654 | by Staff reporter
Guvamatanga cleared of rape
At the conclusion of the prosecution's case, Harare regional magistrate Mr. Stanford Mambanje has acquitted Charles Guvamatanga, a music promoter and director of Kuziva Holdings, known in entertainmen...Published: 14 Oct 2023 at 07:26hrs | 474 | by Staff reporter
UN tells Zimbabwe to make changes to attract FDI
The United Nations (UN) has urged Zimbabwe to implement necessary changes to attract foreign direct investment (FDI) as global foreign assistance diminishes, moving away from quiet diplomacy. This adv...Published: 12 Oct 2023 at 06:41hrs | 450 | by Staff reporter
Mnangagwa's Mutapa Fund likely to create oligarchs
FEARS abound that President Emmerson Mnangagwa's self-serving Mutapa Investment Fund project has hallmarks of how Russian state assets were sold for a song or brazenly stolen during its transition fro...Published: 09 Oct 2023 at 13:50hrs | 357 | by Staff reporter
Mnangagwa appoints line ministries permanent secretaries
PRESIDENT Emmerson Mnangagwa has with immediate effect appointed deputy chief secretaries, line ministries' permanent secretaries and provincial affairs secretaries for devolution.In a stateme...Published: 06 Oct 2023 at 21:10hrs | 1274 | by Staff reporter
Zimbabwe's govt to privatise 20 enterprises under Mutapa
The government is considering removing the public entity status of the 20 State-owned enterprises (SOEs) that fall under the Mutapa Investment Fund, leading to debates regarding their procurement exem...Published: 03 Oct 2023 at 06:21hrs | 652 | by Staff reporter
Guvamatanga rubbishes retailers' complaints over spaza shop influx
George Guvamatanga, the Secretary of the Ministry of Finance, has chosen to downplay the impact of tuck shops on formal retailers. Instead, he has suggested that many businesses are being managed by i...Published: 03 Oct 2023 at 06:18hrs | 848 | by Staff reporter
Zimbabwe Treasury has not exempted state enterprises from procurement rules
The state enterprises under the Mutapa sovereign wealth fund still have to comply with procurement rules despite an exemption issued for the fund itself, The Ministry of Finance says.In a gove...Published: 02 Oct 2023 at 19:57hrs | 173 | by Staff reporter
WATCH: George Guvamatanga sets the record straight on Mutapa fund exemptions
Treasury Secretary George Guvamatanga says they have not exempted nearly two dozen state companies in which the Mutapa Sovereign Wealth Fund holds shares from public procurement procedures. He maintai...Published: 02 Oct 2023 at 19:46hrs | 212 | by Staff reporter
'She is lying' - Torro says as he disputes rape allegations
POPULAR music promoter Charles ‘Torro' Guvamatanga has laughed off allegations he raped his niece in a house with three other people without her raising alarm telling the court that his accuser is f...Published: 29 Aug 2023 at 21:55hrs | 551 | by Court Reporter
Zimbabwe govt increases tax-free threshold
GOVERNMENT has increased the tax-free threshold to $500 000 from $91 000 with effect from August 1 to boost Zimbabweans' disposable incomes who earn in local currency in the face of a rising cost of l...Published: 10 Aug 2023 at 06:43hrs | 162 | by Staff reporter
Zimdollar flips to best currency in the world?
The rebound, driven by new rules that require corporate taxes to be settled in the local currency, are seen easing inflation ahead of next month's general elections.In most countries, the curr...Published: 20 Jul 2023 at 17:27hrs | 38 | by Staff reporter
Zimbabwe's fuel cartels under fire
Fuel is then offloaded in Zimbabwe before trucks are filled with water and dispatched to cross the borders again.Treasury has launched a series of investigations aimed at fishing out fuel indu...Published: 14 Jul 2023 at 18:40hrs | 16 | by Staff reporter
'Greedflation' rocks Zimbabwe
THE ZW$ gained by 4,8% on the Reserve Bank of Zimbabwe Foreign Exchange Auction Tuesday amid concerns that most retailers remain reluctant to reduce prices of basic goods.A trading update rele...Published: 12 Jul 2023 at 08:13hrs | 5 | by Staff reporter
Harare City Council backs down on US dollar billing
The Harare City Council (HCC) has reversed its controversial decision to bill rate payers in US dollars only following a treasury order for the local authority to abandon the action.Town House...Published: 05 Jul 2023 at 07:11hrs | 2 | by Staff reporter
Mnangagwa's govt blocks Harare's US$ billing
GOVERNMENT has blocked a move by Harare City Council (HCC) to start billing its clients in United States dollars, with Finance ministry secretary George Guvamatanga describing the proposal as unlawful...Published: 03 Jul 2023 at 07:12hrs | 11 | by Staff reporter
Government says NO to payment of bills in forex
THE directive late last week by the Government that all local councils must continue charging in local currency as opposed to United States dollars as had just been announced by the Harare City Counci...Published: 03 Jul 2023 at 07:08hrs | 19 | by Staff rporter
Forex rate premium falls
THE parallel market exchange rate premium has fallen below 50 percent, as policy interventions by the Government continue to drive appreciation of the Zimbabwe dollar, but pockets of resistance remain...Published: 02 Jul 2023 at 07:37hrs | 13 | by Staff reporter
Zimbabwe govt departments warned for dumping Zimdollar
Finance and Economic Development secretary George Guvamatanga has warned government departments to desist from giving preference to clients paying for services in US dollars as opposed to local curren...Published: 29 May 2023 at 06:43hrs | 9 | by Staff reporter
Mnangagwa's govt urged to respect rule of law
LEGAL think-tank Veritas has accused the government of failure to respect the rule of law through unlawful suspension of standing statutes by Cabinet ministers.In its latest Bill Watch publica...Published: 25 May 2023 at 06:25hrs | | by Staff reporter
Zimbabwe industry frets over suspension of import duty
CAPTAINS of industry in Zimbabwe are sweating over the recent suspension of import duty and import value-added tax (VAT) on 10 basic groceries saying this was tantamount to exporting jobs and killing ...Published: 15 May 2023 at 19:01hrs | 1 | by Staff reporter
List of duty-free goods released
Import duty and import VAT was suspended yesterday on 10 basic goods: maize meal, rice, milk, flour, salt, cooking oil, petroleum jelly, toothpaste, bath soap and washing powder.The suspension...Published: 13 May 2023 at 18:25hrs | | by Staff reporter
7-day ultimatum for unscrupulous suppliers
Suppliers of undelivered goods and those Government officials who authorised the contracts for undelivered goods are now under intense investigation with arrests imminent, Permanent Secretary of Finan...Published: 26 Apr 2023 at 06:25hrs | | by Staff reporter
Treasury unearths fraud in public procurement
TREASURY has unearthed fraudulent conduct in the public procurement system where the Government pays for the goods or services but suppliers do not deliver on their obligations, prejudicing the Govern...Published: 26 Apr 2023 at 06:22hrs | 2 | by Staff reporter
Treasury gives 7-day ultimatum to 'air suppliers', threatens property seizures
Finance and Economic Development secretary George Guvamatanga has given unscrupulous brokers he called "air suppliers" a seven-day ultimatum to deliver to government, goods they were paid to provide o...Published: 25 Apr 2023 at 07:36hrs | 4 | by Staff reporter
Zimbabwe chiefs, headmen get a windfall
CHIEFS and village heads are set to receive a one-off Covid-19 allowance backdated to May 2022 which is essentially yet another vote-buying exercise by the Zanu-PF government to win the support of 26 ...Published: 07 Apr 2023 at 20:11hrs | 77 | by Staff reporter
AfDB facilitates 3rd Structured Dialogue Platform meeting in Harare on Zimbabwe Arrears Clearance and Debt Resolution process
HARARE - Zimbabwe moved closer to resolving its debt issues last week as it hosted the third debt and arrears clearance structured dialogue platform meeti...Published: 04 Apr 2023 at 18:18hrs | 7 | by APO
Zimbabwe teachers reject 100% salary hike
TEACHERS yesterday rejected government's 100% salary increase, saying they remain incapacitated, while accusing their employer of dishonesty after reportedly dodging wage talks under the National Join...Published: 22 Mar 2023 at 07:00hrs | 17 | by Staff reporter
Zimbabwe govt awards civil servants 100% salary increase
GOVERNMENT has reviewed upwards salaries of civil servants, members of parliament, independent commissions, grant-aided institutions and pensioners by 100%.The increase is with effect from Feb...Published: 21 Mar 2023 at 19:48hrs | | by Staff reporter
Zimstat boss grabs agency vehicles, awards self undue allowances
Zimbabwe National Statistics Agency (Zimstat) director general Taguta Mahonde has stirred controversy after allegedly thanking himself with some hefty benefits sources say are outside his conditions o...Published: 10 Mar 2023 at 06:33hrs | 83 | by Staff reporter
Mnangagwa, Teodoro Obiang Nguema Mbasogo seal 8 agreements
Underpinned by ambitions to engage and re-engage the international community in pursuit of socio-economic development, President Mnangagwa, is in Equatorial Guinea for high-level discussions covering ...Published: 08 Feb 2023 at 05:00hrs | 6 | by Staff reporter
Zinara blasts councils over shoddy jobs
THE Zimbabwe National Road Administration (Zinara) has condemned local authorities over poor quality workmanship on some road rehabilitation projects across the country, and red-flagged overcommitting...Published: 23 Jan 2023 at 05:45hrs | | by Staff reporter
Mnangagwa's govt withdraws Xmas goodies for bigwigs
BIGWIGS in government will this year not be pampered with Christmas goodies, such as end of year hampers as the Finance ministry seeks to curb excessive spending.In the past, civil service bur...Published: 07 Dec 2022 at 05:08hrs | 7 | by Staff reporter
Mnangagwa's govt clamps down on foreign travel, hampers
THE practice of Government headquarters staff buying themselves hampers and vouchers has been blocked and the Ministry of Finance and Economic Development has insisted that any Government travel must ...Published: 07 Dec 2022 at 05:05hrs | | by Staff reporter
Govt delays payment to contractors
The delays in paying contractors is a result of the due diligence which the government has to carry out after some of them were charging extortionate prices, a cabinet Minister has said. Minis...Published: 05 Dec 2022 at 05:05hrs | 8 | by Staff reporter
RBZ in dramatic U-turn on Fidelity privatisation
IN a dramatic policy U-turn, the Reserve Bank of Zimbabwe (RBZ) has indefinitely suspended its plans to partially privatise Fidelity Printers and Refiners (FPR) nearly two years after announcing inten...Published: 04 Nov 2022 at 05:32hrs | 9 | by Staff reporter
Mnangagwa's govt tightens screws on procurement
PRESIDENT Emmerson Mnangagwa says government has tightened screws on procurement processes as it tries to plug holes that have seen suppliers and contractors inflate prices of goods sold to State depa...Published: 28 Oct 2022 at 06:26hrs | 10 | by Staff reporter
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