Local authorities dodge State audit
At least 70 local authorities did not submit financial statements for the Auditor-General’s 2018 audit, with only three having records audited for the year. This was revealed by Auditor-General Mildred … Read More
Author: Bulls n Bears
Investor to set up chlorine plant at Redcliff
A GERMAN company, Thyssen Krupp, plans to construct a chlorine plant in Redcliff for the production of water purification chemicals for industrial use. The proposed investment will be the latest … Read More
RioZim makes appointments
ZIMBABWE Stock Exchange-listed mining group, RioZim, has appointed Mr Saleem Rashid Beebeejaun as chairman with effect from June 25, 2019. He takes over from Mr Lovemore Chihota who recently celebrated … Read More
SeedCo assures farmers…Enough seed stock
LEADING seed producer, SeedCo, has assured farmers of adequate seed stock ahead of the 2019/20 cropping season and has exploited research and development to avail over 10 new maize varieties … Read More
CAA saddled with $400 million debt
The Civil Aviation Authority of Zimbabwe is saddled with a $400 million debt emanating from overdue foreign and domestic obligations. This was said by Auditor-General Mildred Chiri in her annual … Read More
Government avails $6m for RHA Tungsten project
GOVERNMENT has deposited $6 million into RHA Tungsten mine’s bank account as part of its commitment towards an investment envisaged to revive production at the Matabeleland North-based mine. AIM-listed Premier … Read More
Ncube shocks international financial institutions
INTERNATIONAL financial institutions (IFIs), particularly the International Monetary Fund (IMF), which recently approved a Staff-Monitored Programme with Zimbabwe, were stunned by government’s decision to immediately scrap the multi-currency regime and … Read More
Regional air transport liberalisation programme on course
SIX countries from the Common Market for Eastern and Southern Africa member states including Zimbabwe have so far signed a commitment towards the setting up of a single African Air … Read More
Zimra records revenue increase
The Zimbabwe Revenue Authority (ZIMRA) has recorded a relative increase in revenue levied on commercial cargo which passes through Beitbridge Border Post in the first quarter of the year in … Read More
“The US$ Isn’t Sustainable For A Number Of Reasons,”Tendai Biti
Former Finance Minister, Tendai Biti says the US$ is not sustainable for a small economy like Zimbabwe. Movement for Democratic Change Vice President, Tendai Biti, has said that the US … Read More
