PERMANENT secretary in the ministry of Finance George Guvamatanga yesterday accused hotels in Harare of overcharging the government for parliamentarians’ accommodation. This comes after some MPs two weeks ago failed to check into hotels after the government delayed in making payments amid concerns by lawmakers that they were being reduced to subjects of public ridicule….
NMB Bank has moved to its newly-constructed head office in Borrowdale estimated to be worth between US$12 million and US$15 million. The construction of the building began in 2018 but was disrupted by the outbreak of the Covid-19 pandemic. Reserve Bank of Zimbabwe deputy governor Jesimen Chipika said the move by the bank feeds into…
THE Zimbabwe Energy Regulatory Authority (Zera) has increased fuel prices in local currency. This comes as early this month the authorities reduced the price of petrol from US$1.61 to US$1.60 per litre while diesel was reduced to US$1.74 from US$1.76. In a statement yesterday, Zera announced that blend price had increased by $70.74 and diesel…
AUSTRALIA-LISTED Invictus Energy Ltd expects to start drilling its first exploration well for oil and gas in the northern part of Zimbabwe…
MIMOSA Mining Company has handed over 500 cattle under the livestock revitalisation programme as part of its community social responsibility initiatives, a…
THE government has adopted the use of new building technologies to build 100 blocks of flats per month per site under the…
AFTER working as an overnight security guard at a church in Harare’s impoverished Mabvuku township, Jeffrey Carlos rushes home to help his…
THE Cotton Company of Zimbabwe (Cottco) has cleared all its outstanding debt owed to farmers as well as paying for cotton deliveries this year promptly as the firm rebrands. This comes as in 2022 the company, which has an 85 percent market share, owed farmers millions of dollars for their 2020/21 produce. Speaking to the…
THE Grain Marketing Board has been tasked with auditing the distribution of inputs under the Pfumvudza/Intwasa programme to ensure there is no corruption, Agriculture minister Anxious Masuka has said. As the country prepares for the 2022/23 summer cropping season, in the past farmers have been crying foul over the unfair distribution of inputs as there…
THE Zimbabwe Tourism Authority (ZTA) says it is eyeing expansion of the country’s source markets by charting new frontiers as part of efforts to achieve a US$5 billion tourism sector by 2025. Over and above the traditional source markets, that include the United Kingdom, the United State, Germany and Belarus, among others, the local authority…
