The Insider

Mabvuku-Tafara legislator James Maridadi said Finance Minister Patrick Chinamasa could not talk about retrenching civil servants because they had a right to take the government to international court and they were likely to win.

(344 VIEWS)

Zimbabwe’s largest telecommunications group, Econet Wireless, has saved about $70 million after effecting cost-cutting measures, chief executive Douglas Mboweni has said.

(212 VIEWS)

Zimbabwe’s central bank says it intends to expand its footprint in the property market through its wholly owned subsidiary Homelink to attract direct investment by Zimbabweans in the Diaspora as remittances to the country continue to grow.

(331 VIEWS)

Zimbabwe’s agricultural sector is collectively losing nearly $5 million per month due to power shortages, a government official has revealed.

(248 VIEWS)

President Robert Mugabe is to address both houses of Parliament in a joint session on Tuesday, the president of the Senate Edna Madzongwe announced yesterday.

(293 VIEWS)

Movement for Democratic Change-Tsvangirai treasurer Theresa Makone yesterday told the Senate that Zimbabwe was being forced to bulldoze a Labour Amendment Bill after thousands of workers were laid off because people were not investing in the country due to a crisis in governance.

(289 VIEWS)

Zimbabwe has made several interest payments to the China Exim Bank for a $355 million loan extended to the southern African nation to finance expansion of its Kariba South Power Station, an official has said.

(280 VIEWS)

State-owned fixed line phone operator TelOne has cut salaries for all staff by 15 percent with effect from August 1 and ruled out paying annual bonuses as part of measures to streamline costs at the cash-strapped parastatal.

(416 VIEWS)

Movement for Democratic Change leader Morgan Tsvangirai’s spokesman Luke Tamborinyoka today said a facebook page allegedly for Elizabeth Macheka Tsvangirai, the MDC-T leader’s wife since  September 2012, is a hoax as she is not on facebook.

(552 VIEWS)