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Stories

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Posted inStories

Zimbabwe’s Parliament too expensive to maintain

Finance Minister Patrick Chinamasa yesterday told Members of Parliament that the National Assembly was too big, and that the costs of maintaining it were too high. He was responding to…
Posted by Charles Rukuni June 29, 2017
Posted inStories

What Chinamasa said in Parliament yesterday about Command Agriculture in full

Finance Minister Patrick Chinamasa yesterday admitted that the government’s Command  Agriculture project may have its shortcomings but it had exceeded government expectations. He said disagreements over the project were not…
Posted by Charles Rukuni June 29, 2017
Posted inStories

Zimpapers to spend $3.8 million on expansion this year

Zimbabwe’s largest media group, Zimpapers, says that it has budgeted capital expenditure of $3.8 million for 2017 and has so far spent $750 000 on equipment and property development. “Capital…
Posted by Charles Rukuni June 28, 2017
Posted inStories

The rot in Zimbabwe’s Ministry of Transport-Part Three

The Ministry of Transport could not account for more than $2 million it was given by the Zimbabwe National Roads Authority in 2014 and has been given until 31 August…
Posted by Charles Rukuni June 28, 2017
Posted inStories

Only 20 percent of transactions in Zimbabwe now in cash

Zimbabwe’s use of cash for transactions has dropped by 76 percent to 20 percent, with plastic money and mobile money usage on the rise as the acute dollar shortage persists,…
Posted by Charles Rukuni June 28, 2017
Posted inStories

The rot in Zimbabwe’s Ministry of Transport- Part Two

The Permanent Secretary for Transport Munesu Munodawafa totally disregarded regulations and procedures for running the ministry and did not show any remorse at all for his conduct when this was…
Posted by Charles Rukuni June 28, 2017
Posted inStories

Zimbabwe should promote public-private partnerships to cut dependence on parastatals

Zimbabwe needs to embrace public-private partnerships and reduce its reliance on parastatals in order to create a good economic environment that attracts more investment, according to an independent economic and…
Posted by Charles Rukuni June 28, 2017
Posted inStories

The rot in Zimbabwe’s Ministry of Transport

Zimbabwe’s Parliament has called on the Civil Service Commission to issue a stern warning to former Transport secretary Munesu Munodawafa for failing to seek Treasury approval for moving funds on…
Posted by Charles Rukuni June 28, 2017
Posted inStories

Masvingo wrangle: not just a squabble but a fight for the survival of the Karanga

Masvingo, one of the bedrocks of the Zimbabwe African National Union-Patriotic Front, has always been embroiled in power squabbles. But there has always been one thing in common, it has…
Posted by Charles Rukuni June 28, 2017
Posted inStories

Getbucks Zimbabwe shareholders approve name change

Shareholders of the deposit taking microfinance institution, Getbucks Zimbabwe have approved the name change to GetBucks Microfinance Bank Limited as it seeks to expand its product offering. “The change in…
Posted by Charles Rukuni June 27, 2017

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Insider's Q&A
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