Zimbabwe in debt distress

LACK of transparency in public debt management and the failure to comply with legal stipulations are now manifesting in depressed fiscal space and low domestic resource mobilisation, analysts have sai...

Ministries break public finance regulations

LINE ministries are said to be breaking regulations under the Public Finance Management Act (PFMA), which compel them to submit monthly and quarterly financial statements and reports to appropriate pa...

Treasury officials under fire over undocumented loans

Ministry of Finance and Economic Development officials were yesterday taken to task for loaning unnamed parastatals US$68 million without supporting vouchers and with no hope of recovering the money. ...

Matabeleland Collective Press Statement on Staff Rationalisation at Lupane Registry Office

Matabeleland Collective notes with concern that the spirit of Devolution of Power  enshrined in the Zimbabwean Constitution is being flouted by Government as it is redeploying Ndebele speaking Ci...

Zuva Service Stations lose trading licence

The government today revoked service stations licence for Zuma Petroleum accusing the company of overcharging customers.In a Press Briefing to the Media after today's Cabinet meeting, Minister...

Tendai Biti sticks to cash-budgeting as inflows remain critical

Zimbabwe's minstry of finance will continue cash- budgeting as revenue inflows remain severely depressed due to poor economic performance, a senior government official said Monday.Acting perm...

ZBC boss sends final demands to various ministries

Zimbabwe Brocasting Corporation boss Mr Happison Muchechetere has written letters of final demand to the permanent secretaries of various ministries and heads of organisations that  owe the broad...