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Inflation for November down- Zimbabwe’s year-on-year inflation declined once again this time by 0.05 percentage points from 0.59 percent in October to 0.54 percent last month, according to figures released by the Zimbabwe National Statistics Office. Inflation has been on the decline this year from March when it peaked at 2.98 percent. It averaged 5.1 percent last year and but is likely to be well below the 5.7 percent forecast for this year.

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Zimbabwean companies are to get preference in public procurement deals provided this does not compromise quality and delivery, Finance Minister Patrick Chinamasa said last week.

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Finance Minister Patrick Chinamasa says there will be no more free handouts because they undermine individual initiative of the beneficiaries and brood dependency.

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The Office of the President and Cabinet is draw up guidelines for remuneration packages for all state enterprises, local authorities and grant aided institutions from early next year, Finance Minister Patrick Chinamasa announced in Thursday.

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The Movement for Democratic Change has described Finance Minister Patrick Chinamasa’s 2014 budget presented yesterday as a wish list, full of promises with no solutions in place.

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Movement for Democratic Change leader Morgan Tsvangirai today said the clueless Zimbabwe African National Union-Patriotic Front leadership will take the country down the drain again.

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The Zimbabwe Stock Exchange was ranked the fifth best performer in Africa despite the bearish sentiment that gripped the country after the 31 July elections.

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Finance Minister Patrick Chinamasa today said there is no going back on the country’s indigenisation programme and those who had not yet complied will have to do so within the stipulated period.

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