Mthuli Tours Nestle, Promises More Support For Industries
Most industries import their raw materials and the unavailability of forex has left most of them stuck and unproductive, forcing retrenchments and closure.
Mthuli Rubbishes Biti Claims Over Zim Dollar Introduction
Ncube said Biti had no basis to be commenting on government business since he is not in government but said the re-introduction of the Zim Dollar will still happen this year.
2 Percent Tax Boosts Zim Education Sector: Prof Mthuli Ncube
Government has announced that the controversial 2 percent transaction tax initiated in October last year has helped towards the recruitment of the 3 000 additional teachers and 350 university personnel. According to the Minister of Finance and Economic Development Minister, Professor Mthuli Ncube, the tax revenue
Police Arrest Protesting Teachers
ZIMBABWE Republic Police (ZRP) officers on Monday 7 January 2019 arrested nine leaders of the Amalgamated Rural Teachers Union of Zimbabwe (ARTUZ) as they embarked on a demonstration protesting against poor remuneration and working conditions. ZRP officers arrested the ARTUZ leaders at Africa Unity Square in
No Reason For Payment Of Salaries In Forex, Govt Tells Civil Servants
Government has responded to the civil servants demands for payment of their salaries in United States dollars saying the Central Bank only consider critical sectors when it comes to the allocation of foreign currency. Addressing the media in the capital today, Finance Minister Mthuli Ncube urged
Mnangagwa to Meet With Teachers
President Emmerson Mnangagwa will this Friday meet with teachers representatives under the banner of Progressive Teachers Union of Zimbabwe (PTUZ) to hear their grievances ranging from poor salaries and demand to be paid is foreign currency. In a letter addressed to the PTUZ Secretary General, Raymond
Govt Says Investors Scrambling For Zim’s Closed Mines
Government has revealed that a number of investors have shown interest in re-opening some of the closed mines including Shabanie and Mashaba Mines previously owned by business mogul Mutumwa Mawere. Posting on Twitter today, Ministry of Information,Publicity and Broadcasting said under the Transitional Stabilisation Programme (TSP), recently
Musarara Scoops Megafest Business Award
Grain Millers Association of Zimbabwe (GMAZ) Chairperson, Tafadzwa Musarara last week won the industrialist of the year award at the Megafest Business Awards held in the capital. The Megafest Business Awards are held annually as a way of recognizing, developing and promoting professional business acumen at all
Don’t Be Used By Politicians, Lumumba Urges Youths
The recently dumped Finance and Economic Development Communication Taskforce Chair William “Acie Lumumba” Mutumanje has come out guns blazing against political leaders who abuse youths saying there is no politician worth dying for. Lumumba who exposed the rot at the Reserve Bank of Zimbabwe, alleging that senior officials were
RBZ Forex Scam: Mangudya Next On Line, Banker
A senior banker at the Reserve Bank of Zimbabwe (RBZ,has revealed that the suspension of four directors in connection with illegal foreign currency dealing is only a strategy to remove all long-serving stalwarts, including the governor John Mangudya , so as to line up the