Cabinet halts sale of houses, flats
The sale of Government houses and flats to sitting tenants has been halted with immediate effect as part of measures to address shortages of accommodation for civil servants, with more … Read More
Author: Bullszimbabwe
Exchange rate stability reaches new heights
The exchange rate saw its smallest ever movement in yesterday’s auction, a 0,06 percent firming of the Zimbabwe dollar, about one sixteenth of one percent, to fall to $81,4439 from … Read More
President to launch US$58 m Belarus agric equipment facility
President Mnangagwa is tomorrow expected to launch a farm mechanisation facility from Belarus worth US$58 million at the Agricultural Engineering department in Harare. This comes after Government launched another similar … Read More
Illicit flows dwarf Africa’s resources
Illicit Financial Flows (IFFs) continue to weaken Africa’s resource mobilisation efforts, with crippling impact on country-level development, at a time when the continent is battling the disruptive economic effect of … Read More
Axia refines model to contain costs
Specialty retail group, Axia Corporation, remained resilient to record fair performance during the year to June 30, 2020 despite the effects of Covid-19 pandemic that weighed down its operations especially … Read More
Tobacco group ejects Zimbabwe’s Gold Leaf after accusations of dealing in illicit trade
The Fair Trade Independent Tobacco Association (FITA) has terminated the membership of one of its members, Gold Leaf Tobacco Corporation, with immediate effect, it said on Tuesday. The association, which … Read More
Strict accountability in place to protect devolution funds
THE Government will enforce strict adherence to good corporate governance and accountability standards in the management of devolution and decentralisation funds as a means to curtail corruption that has of … Read More
Zim oil, gas test drilling in low cost threshold
The cost of drilling test wells to investigate the existence of oil and gas in Muzarabani, falls within the global range and what is generally considered to be in the … Read More
Part of consolidated revenue to fund devolution
THE Government has said is committed to distribute a chunk of money from the consolidated national revenue pool towards funding national devolution and decentralisation efforts. This comes as the Government … Read More
Innscor Africa rides on improved product mix
Diversified industrial conglomerate, Innscor Africa Limited’s profit for the year to June 30, 2020 jumped 97 percent to $3,6 billion despite a challenging operating environment. The environment remained tough for … Read More
