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Z$ return divides Parliament

© LEGISLATORS from MDC and Zanu PF were yesterday sharply divided over the re-introduction of the Zimbabwean dollar as the ruling party supported the idea while the opposition argued that the move is going to make the situation worse. [GoogleAd] The motion was introduced by Hwedza North MP David Musabayana who praised Finance minister Mthuli Ncube…

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Mphoko to get his exit package

© FORMER vice president (VP) Phelekezela Mphoko, pictured, is now likely to get his terminal benefits, more than a year after he was booted out of government. [GoogleAd] Mphoko assumed the VP post in 2014 and lost his job in November 2017 following a military takeover — two years short of a full five-year term. The…

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Currency reforms take business by surprise

© THE business community is engrossed in scenario building after it was caught unawares by the currency reforms introduced by Finance minister Mthuli Ncube on Monday. [GoogeAd] Political analyst Pius Pigou said there is a sense that the multi-currency regime was smuggled under the cover of darkness. He said a significant amount of Zimbabweans, including those…

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Relief as food prices stagnate Govt unleashes price monitors

© CONSUMERS were yesterday keeping their fingers crossed after prices for most basic commodities stagnated as traders, including foreign currency (forex) dealers, digested the impact of currency reforms introduced by government. [GoogleAd] On Monday, Finance minister Mthuli Ncube gazetted Statutory Instrument (SI) 142 of 2019 which discontinued usage of the multi-currency regime. Immediately, the Zimbabwe dollar…

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Civil servants revise salary demands

©  CIVIL servants have demanded that government reviews their salaries in line with the prevailing economic situation after their US-dollar salary demand was overtaken by events following the administration’s decision to ban the multi-currency system. [GoogleAd] The civil servants had all along been demanding to be paid in US dollars which the government said it…

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Kereke accuses JSC of manipulation

© FORMER Bikita West legislator Munyaradzi Kereke has claimed his appeals seeking quashing of rape conviction and sentence are being manipulated by Judicial Service Commission (JSC) officers. [GoogleAd] Kereke has struggled to no avail to be released from prison where he is serving a 10-year jail sentence for raping his wife’s niece at gun point.  He…

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National dam  levels drop

© ZIMBABWE National Water Authority (Zinwa) has warned that most of the country’s major dams are fast losing water — with the majority of them declining to levels below 70 percent. [GoogleAd] This comes as the country is currently paying the price of a precipitous decline of water levels in Kariba Dam which has resulted massive…

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Artuz leader fights for freedom

© A HARARE magistrate postponed handing down a verdict in the matter where the State sought bail revocation of Amalgamated Rural Teachers Union of Zimbabwe (Artuz) leader Obert Masaraure. [GoogleAd] Masaraure, who is on remand on subversion charges allegedly failed to report to Hwedza Police Station, hence his alleged failure to comply with bail conditions…

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Error in Mawarire, ZCTU case

© PROSECUTORS “erroneously” referred activist cleric Evan Mawarire and Zimbabwe Congress of Trade Union (ZCTU) treason case to the regional court for trial, a court heard yesterday. [GoogleAd] Mawarire and ZCTU leader Peter Mutasa are accused of plotting to topple a constitutionally elected government after they recorded video urging members of the public to engage…

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Grace hit with $4m lawsuit

© FORMER first lady Grace Mugabe has been hit with a US$4 million law suit by a Lebanese businessman who claims he was defamed and lost income after she instructed police to seize his properties during a wrangle over a botched US$1,3 million diamond ring deal. [GoogleAd] Jamal Hamed, Thatchree Investments (Pvt) Ltd, Superearth Properties…

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