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‘Govt causing cash crisis’

HARARE – Zimbabwe’s government is responsible for the current cash crisis due to its high level expenditure and the widening budget deficit,…

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NSSA pays $7m for Telecel deal

HARARE – The pay-as-you-go pension scheme, the National Social Security Authority (Nssa), received $7 million from government in the second quarter of…

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Govt in wage bill headache

HARARE – Government is still struggling to contain its wage bill as it emerged that this expenditure accounted for 86 percent of…

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Zimre seeks Botswana listing

HARARE – Zimbabwe Stock Exchange-listed diversified concern, Zimre, is planning to list its subsidiary Emeritus International Reinsurance Company (Emeritus) in Botswana. The…

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Coal miners get ultimatum

HARARE – Mines minister Walter Chidakwa has threatened to cancel mining licences of two coal miners, Monaf Investment (Monaf) and Appex Petroleum…

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‘Zim to miss gold target’

HARARE – The World Bank has forecasted that Zimbabwe will miss its ambitious 28-tonne gold production for this year, putting a dent…

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