News

Zimbabwe’s largest health insurer by subscription, Premier Services Medical Aid Society (PSMAS), has cleared its tax arrears after government paid $40 million in outstanding contributions last month which also enabled it to pay service providers, an official has said.

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Despite what appears to be sour relations between Britain and Zimbabwe, Britain is still training members of Zimbabwe’s security forces, according to Britain’s Minister of State for Defence (Armed Forces) Penny Mordaunt.

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Zimbabwe’s largest mobile phone operator Econet Wireless has demanded that its supplies cut prices by 15 percent or risk being blacklisted, as the telco feels the effects of government enforced tariff cuts on voice services and a flat-lining economy.

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Higher Education Minister Jonathan Moyo has been showered with praise by his twitter followers with one, Chofamba Sithole, saying Moyo has been moved from shaping public opinion to shaping the future.

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Zimbabwe’s aviation agency has plunged into insolvency after struggling to retire a $240 million debt while spending $5.6 million, over half of its monthly income on expenses, an official told Parliament yesterday.

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Zimbabwe has marginally lost its market share of reptile skin exports after it registered a six percent growth in 2014 against a world average of seven percent, figures obtained from the International Trade Centre (ITC)  have shown.

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Tsholostho North Member of Parliament Jonathan Moyo, who has been subject of speculation for almost two weeks with reports that he had fallen out with President Robert Mugabe, has been moved from the Ministry of Information to that of Higher Education.

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Half of actively listed companies on the Zimbabwe Stock Exchange (ZSE) could be forced to delist or downgrade to a secondary bourse if they fail to meet a proposed listing threshold of $10 million if new listing requirements are signed into law.

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Vice-President Emmerson Mnangagwa says trained nurses who have so far been unable to get jobs might be sent to South Sudan as that country has approached the Zimbabwean government to second them there.

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The government will soon require government ministries to submit their work-programmes to the Office of the President and Cabinet so that it can monitor progress on the implementation of the Zimbabwe Agenda for Sustainable Socio-Economic Transformation.

(236 VIEWS)