THE Reserve Bank of Zimbabwe (RBZ)’s upcoming monetary policy statement (MPS) will go a long way towards stabilising both the local currency and prices. So vows RBZ governor John Mangudya, who reiterated to the Daily News yesterday that new policy measures would be taken to ensure that the buying power of the Zim dollar was…
A STABLE economy and predictable policy regime are key for “raising Zimbabwe’s social consciousness, and patriotism, and to a point where the country is able to promote its own anti-sanctions laws”, a top lawyer and Zanu PF legislator has said. This comes as the President Emmerson Mnangagwa-led administration’s international reengagement efforts have continually been “negated…
THE International Monetary Fund (IMF) has added its voice to calls for Harare to improve its governance systems and implement more prudent policies to stabilise the Zim dollar and prices. Addressing the media in the capital yesterday, at the end of a two-week mission in Zimbabwe, IMF team leader, Wojciech Maliszewski, said among the things…
PARLIAMENTARIANS have called on authorities to temporarily suspend the ongoing evictions of illegal settlers around the country saying this could expose them to rains and cholera. The government is currently on a blitz to evict people illegally settled on State land countrywide including urban local authorities. Raising a point of national interest in the National…
THE Rural Electrification Agency (REA) says limited funding from the Treasury is seriously hampering its national rural electrification programme. REA, a subsidiary of Zesa, was created by the government to provide power infrastructure in rural communities. Giving oral evidence before the parliamentary portfolio committee on Energy in Parliament yesterday, the agency acting chief executive officer…
PARLIAMENT has demanded that the ministry of Primary and Secondary Education should demote all school headmasters producing poor results. This came after the permanent secretary in the ministry, Moses Mhike revealed yesterday before the parliamentary portfolio committee on Education that they were facing logistical challenges in inspecting schools. In response, the chairperson of the portfolio…
THE construction of a US$22 million power line in Bikita by the Bikita Minerals Company is now 84 percent complete and will soon bring relief to thousands of villagers and businesses in rural Bikita, Gutu and Zaka. Bikita Minerals is the country’s biggest lithium producer, which is owned by Chinese firm, Sinomine, (Hong Kong) Rare…
THE government says it will deploy extension workers at mines across the country as the Mines ministry seeks to offer technical services in the sector and also avoid accidents. Speaking to the Daily News yesterday, Mines ministry permanent secretary Pfungwa Kunaka said his ministry was consulting with other relevant stakeholders to create extension services in…
EFFORTS to nail notorious land barons are being frustrated by some citizens who are reluctant to report their illegal activities to authorities, the government says. Speaking in the Senate last week, Housing minister Daniel Garwe also said some of the people who were facilitating the illegal parcelling of land in the country included some traditional…
THE government has set new minimum guidelines for the licensing of nightclubs which include that buildings should be fully soundproofed so that operations do not affect residential homes. This comes amid an increase in the number of liquor outlets in Central Business Districts and suburbs as well as rampant drug and substance abuse countrywide. In…
