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No to US dollar as sole currenc, says Mthuli
ZIMBABWE will not adopt the United States dollar as the country's sole currency, but will work to progressively defend the value of the local unit, while businesses that refuse to accept the Zimbabwe ...Published: 24 Oct 2021 at 09:27hrs | 3 | by Staff reporter
Ziyambi appeals for support to refurbish prisons
JUSTICE minister Ziyambi Ziyambi has appealed to Treasury for support to set up more magistrates courts, as well as refurbish prisons which are currently in a deplorable state.In his presentat...Published: 24 Nov 2020 at 04:38hrs | 1 | by Staff reporter
Salaries to be restored to 2018 levels
CIVIL servants' salaries will, by June 2021, be restored to the United States dollar value that they stood at during the multi-currency era as Government continues to reform and grow the economy, a Ca...Published: 22 Nov 2020 at 04:42hrs | | by Staff reporter
Miners to retain 55% export earnings
THE Reserve Bank of Zimbabwe (RBZ) has agreed to increase large scale miners' retention of foreign currency from mineral exports to 55 percent to allow them to cover production costs. Recently...Published: 13 Nov 2018 at 05:52hrs | 18 | by Staff reporter
Enough fuel for festive season, says Minister
ENERGY and Power Development Minister Dr Joram Gumbo has assured the nation of enough fuel supplies during the forthcoming festive season. In an interview on the sidelines of the just ended 20...Published: 12 Nov 2018 at 05:28hrs | | by Staff reporter
Greedy MPs demand vehicles from cash strapped Zimbabwe govt
LEGISLATORS have said the Government has taken too long to buy them service vehicles with the issue being among the most topical during the ongoing 2019 Parliamentary pre-budget seminar in Bulawayo. ...Published: 10 Nov 2018 at 09:15hrs | 9 | by Staff Reporter
PHOTOS: Zimbabwe democracy at work - Mthuli Ncube on 2019 budget projections
Minister of Finance and Development Mthuli Ncube presenting on the Zimbabwe economy and 2019 budget projections at the Parliamentary Pre-Budget Seminar in Bulawayo. ...Published: 08 Nov 2018 at 18:40hrs | | by Agencies
MPs to start receiving outstanding sitting allowances
MEMBERS of Parliament will start receiving part of their outstanding sitting allowances this week after Treasury released $4 million to cater for their welfare.The release of the money follows...Published: 13 Nov 2017 at 05:33hrs | | by Staff reporter
Zimbabwe on high alert for earthquakes
ZIMBABWE is on high alert for earthquakes caused by climate change as the country has been increasingly experiencing earth tremors, a Cabinet Minister has said.Speaking during the 2018 Parliam...Published: 13 Nov 2017 at 05:32hrs | 1 | by Staff reporter
100% forex payment for gold miners on the cards
GOVERNMENT is working to restore 100 percent foreign currency cash pay outs to small-scale gold miners delivering the mineral to Fidelity Printers and Refiners, a Cabinet Minister has said.Fid...Published: 13 Nov 2017 at 05:27hrs | | by Staff reporter
Reserve Bank of Zimbabwe rules out hyperinflation
ZIMBABWE'S economy will not revert back to the hyperinflation environment despite the recent unjustified price increases on basic commodities and services in the market, the Reserve Bank of Zimbabwe h...Published: 12 Nov 2017 at 06:59hrs | 1 | by Staff Reporter
Chombo preaches fiscal discipline
FINANCE and Economic Development Minister Dr Ignatius Chombo says the 2017 national budget deficit could rise to $1.82 billion from $400 million largely driven by the cumulative expenditures that are ...Published: 10 Nov 2017 at 04:52hrs | | by Staff reporter
MP forced to remove jacket with national flag colours again
MUTASA South legislator Trevor Saruwaka was yesterday forced to remove his jacket with colours resembling the national flag at the Parliamentary pre-budget seminar at the Zimbabwe International Tr...Published: 04 Nov 2016 at 05:56hrs | 1 | by Staff reporter
Rainbow Hotel catches fire, three people rushed to hospital
Rainbow Hotel in Bulawayo reportedly caught fire resulting in three people getting injured.The fire is said to have started at the basement of the facility after an electrical fault.Co...Published: 03 Nov 2016 at 13:55hrs | | by Alice Dube
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