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Zvamaida Murwira, Harare Bureau Cabinet has approved currency reforms introduced by Treasury which culminated in the scrapping of the multi-currency system on local transactions saying the move would now bring normalcy in the economy. Through a Statutory Instrument 142 of 2019, Government announced that it was abandoning the multi-currency regime to allow all local transactions to […]
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Africa Moyo, Harare Bureau Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya yesterday reiterated that companies and individuals can still withdraw their money held in foreign currency accounts, adding that NGOs can still pay their employees in forex. Further, Dr Mangudya clarified that possession of forex in the pockets or in FCAs was also permissible […]
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Courtney Matende, Midlands Reporter A woman from Mberengwa allegedly teamed up with her husband and killed the husband’s girlfriend whom she accused of wrecking their marriage. Midlands provincial police spokesperson Inspector Joel Goko confirmed the incident which happened at Vanguard compound in Mberengwa on Friday last week. He said police have since arrested Privilege Sibanda (26) […]
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Ishemunyoro Chingwere, Harare Bureau The Economists Roundtable has implored businesses to stop pegging prices of goods and services against the value of the US dollar since the costs they incur are in local currency. The call follows the introduction of currency reforms contained Statutory Instrument (SI) 142 of 2019. Key among the reforms in SI 142 […]
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Zvamaida Murwira, Harare Bureau Government has paid US$10 million to South African power utility, Eskom, and has also paid off $20 million to Zimbabwe Electricity Supply Authority (Zesa) to clear its indebtedness to the power utility. Zesa is also expected to get an advance of $20 million from Government, all developments that are expected to improve […]
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Midlands Bureau The chairperson of the Commission of Inquiry into the acquisition of State Land, Justice Tendai Uchena says the acquisition and occupation of State land in most provinces across the country was done in a chaotic manner which resulted in some beneficiaries living in squalid conditions. He said some of the situations were a […]
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Pamela Shumba, Senior Reporter THE development of research is critical in ensuring improved food security in the country, the First Lady Amai Auxilia Mnangagwa has said. Speaking after touring the International Crops Research Institute for Semi-Arid Tropics (Icrisat) in Matobo yesterday, Amai Mnangagwa said climate change was a reality and it was important for the country […]
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Nqobile Tshili, Chronicle Reporter A PROMINENT Bulawayo businessman has been duped by a Harare car dealer who allegedly sold him a Ford Ranger worth US$43 000 which was stolen from South Africa. Mr Phathisani Nkomo (47) of Kumalo suburb, the proprietor of Cosmopolitan Nightclub, Zarah Lounge, Cubana among other businesses, allegedly swapped his black Ranger Rover […]
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Joseph Madzimure, Harare Bureau THE ruling Zanu-PF Politburo has embraced currency reforms announced by Government on Monday, which saw the scrapping of the multi-currency system and adoption of a single domestic transactional unit, the Zimbabwe dollar, to enhance affordability of goods and spur economic growth. Addressing journalists at Zanu-PF headquarters yesterday, the party’s Secretary for Information […]
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Sukulwenkosi Dube-Matutu, Gwanda Correspondent A 50-YEAR-OLD Sun Yet Sen woman has been arrested after she allegedly strangled her three-year-old grandson with a string before attempting to commit suicide by hanging herself. After Zilolwazi Siqedeni Ndlovu of Malundi Village killed her grandson and allegedly stuffed the body in a travelling bag in a bid to conceal the […]
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Paidamoyo Chipunza and Nesia Mhaka, Harare Bureau Zimbabweans yesterday woke up to a new shocking fee structure for different health services provided by a group of specialist doctors with the new fees ranging from $900 to $3 750. According to a circular by the National Physicians Association of Zimbabwe (NaPAZ), patients approaching any of the specialists […]
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Sukulwenkosi Dube-Matutu, Gwanda Correspondent GWANDA Municipality has written to the Ministry of Energy and Power Development so that its water pumping station is exempted from power cuts being experienced in the country as council is failing to supply residents with water. Gwanda Town residents have been experiencing severe water shortages with some areas going for over […]
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Harare Bureau Cabinet has approved the Zimbabwe Media Commission Bill which is part of Government’s ongoing reforms in the media sector. This was said yesterday by Information, Publicity and Broadcasting Services Minister Monica Mutsvangwa while addressing journalists on decisions made by Cabinet on Tuesday. “Cabinet approved the Zimbabwe Media Commission Bill which was presented by […]
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Joseph Madzimure\ Talent Chimutambgi, Harare Bureau President Mnangagwa will set a commission of inquiry into allegations of corruption levelled against some ordinary citizens, senior Zanu-PF members and Government officials. The move follows the bold decision by the Zanu-PF Youth League to name people accused of corruption in the country. Speaking at a Press briefing after the […]
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