News

Finance Minister Tendai Biti today said the government had a surplus of $30.4 million last year.

(59 VIEWS)

Central bank governor Gideon Gono told United States ambassador Christopher Dell, two days before the presentation of his first 2007 monetary policy statement, that he was going to begin “true reform”, promote national unity and engage the international community “East, West, North and South”.

(60 VIEWS)

Air Zimbabwe is authorised to fly to Britain twice a week but it has not operated any services this year. It operated 83 flights in and out of the United Kingdom last year.

(67 VIEWS)

Zimbabwe African National Union-Patriotic Front information boss Nathan Shamuyarira told United States ambassador to Zimbabwe Christopher Dell that central bank governor Gideon Gono would be massacred if he stepped into the political ring. 

(57 VIEWS)

Central bank governor Gideon Gono, saying that 2006 had been his worst year in office, promised United States ambassador to Zimbabwe Christopher Dell that he would stop moaning about sanctions and would educate the nation that capital flowed to “areas of greatest freedom”.

(54 VIEWS)

Stricter liquidity controls that were announced by the Reserve Bank of Zimbabwe in January 2006 raising statutory reserves to 60 percent for demand deposits and 45 percent for savings deposits were reported to be sapping the sector of vital capital.

(78 VIEWS)

Bulawayo business consultant Eric Bloch who was reported to be close to central bank governor Gideon Gono said Gono was naïve and impetuous.

(84 VIEWS)

Two Russian foreign affairs counsellors told United States embassy officials that they did not see any reason why Russia should avoid contact with Zimbabwe because it was no more autocratic than “the norm in Africa”.

(76 VIEWS)

Central bank governor cooked up figures to hide the true extent of inflation.

(45 VIEWS)

Central bank governor Gideon Gono told United States ambassador to Zimbabwe Christopher Dell that everyone hated him except the man on the street.

(57 VIEWS)