© GOVERNMENT has discontinued the use of the multi-currency system while declaring the Zimbabwe dollar (ZW$) — abandoned about 10 years ago — as the only official trading currency, the Daily News can report. [GoogleAd] The multi-currency system was adopted in February 2009 after the ZW$ had become worthless due to hyperinflation which, according to…
© ANALYSTS warned yesterday that in its desperate bid to halt run-away prices, government might have pressed the self-destruct button by rushing to introduce the Zimbabwe dollar (ZW$) when all pointers on the ground suggest otherwise. [GoogleAd] Economic experts had long advised President Emmerson Mnangagwa’s administration to delay the exhumation of the ZW$, abandoned in…
© SPORTS and Recreation Commission chairperson Gerald Mlotshwa, last week took the bold decision to suspend the entire Zimbabwe Cricket (ZC) board and its managing director, Givemore Makoni — in a move which has raised fears of polarising the game. [GoogleAd] The SRC said it had taken that drastic decision in view of the “defiance”…
© SUNDAY marked a year after President Emmerson Mnangagwa narrowly escaped an assassination attempt following a bomb explosion that rocked a Zanu PF rally at White City Stadium. The blast which occurred on June 23 last year claimed lives of two security aides, while scores of Zanu PF supporters, including top government officials, were injured….
© EDITOR — It made sad reading that the government is spending US$21 million on top-of-the-range vehicles for Members of Parliament and Senators in the ninth Parliament at a time when the country is in economic turmoil. [GoogleAd] Was this spending really necessary when the country is facing foreign currency shortages? The government is currently…
© IN A move which could ease the current crippling power cuts, government has paid US$10 million to South African power firm, Eskom — for the resumption of electricity supplies — amid claims the authorities are also in talks with a Mozambican firm for a similar arrangement. [GoogleAd] This comes as Zesa has increased the load…
© EDITOR — The issue of multiple farm ownership has been topical for a very long time with the government in some cases denying that there are individuals with more than one farm. [GoogleAd] The admission by Lands minister Perrance Shiri this week that the government is facing difficulties in dealing with multiple farms ownership…
© A CHITUNGWIZA man appeared in court yesterday after he was arrested for possessing 73kg of dagga with a street value of RTGS$7 300. [GoogleAd] Shingirai Jimu was arrested as he off-loaded the dagga from a bus which was coming from Mozambique. Jimu was not asked to plead when he appeared before Harare magistrate Learnmore…
© THE Institute of Chartered Accountants of Zimbabwe (Icaz) and the Chartered Institute of Management Accountants (Cima) yesterday signed an agreement that would allow members of each body access to accelerated routes to dual designations of chartered accounts qualifications. [GoogleAd] Icaz said the agreement was motivated by a desire to ensure that professionals have an…
© A 74-year-old man and his 38-year-old son were each slapped with nine-year jail terms for the theft of a heifer. [GoogleAd] Eric Rasekeswa and his son Moses were convicted on their own pleas of guilty by magistrate Purity Gumbo. It is the State’s case that Moses found Anesu Chidiriro’s heifer in Marembwe grazing area…
