HARARE – Zimbabwe yesterday received a $3,6m grant for cyber security equipment to curb the increase in cyber crimes. The grant was inked by Finance minister Mthuli Ncube and Japan ambassador to Zimbabwe Toshiyuki Iwado at a signing ceremony at the ministry offices. Iwado said the main aim of the project was to improve the…
HARARE – The MDC yesterday said it feared for the life of its leader Nelson Chamisa, whom it claimed had narrowly escaped kidnapping by suspected State security agents over the weekend. But the government has robustly dismissed the Saturday incident as nothing more than “a mere road rage” matter. Addressing journalists at the party’s headquarters…
HARARE – Masvingo has gone for a week without water because the municipality is failing to raise $4 000 for fix a water pump. Masvingo Residents Trust (MRT) coordinator Ephraim Mutombeni has written to minister of State for Masvingo Province Ezra Chadzamira to facilitate the emergency allocation of the required forex from the Reserve Bank…
HARARE – Zanu PF’s notorious succession demons have resurfaced, with the party’s senior officials locking horns over who should take over from President Emmerson Mnangagwa — a few months after the 76-year-old strongman won a hotly-disputed five-year mandate to lead the country. The fresh fissures in the former liberation movement come as Mnangagwa has recently…
HARARE – Air Zimbabwe is “wet leasing” one if its aircraft in a fundraising drive that is part of its reconstruction strategy. A wet lease agreement is a contractual arrangement covering the hire and servicing of aircrafts, and the provision of a flight crew to the leaseholder. In a notice, the airline notified prospective bidders…
HARARE – Chitungwiza Municipality has advertised its proposed budget for 2019 and invited residents to inspect the spending plan. Chitungwiza town clerk George Makunde said copies of the proposed charges and amendment of by-laws will be open for inspection during working hours. “Notice is hereby given that the municipality of Chitungwiza has resolved to advertise…
HARARE – There is material breakdown in government’s internal control financial systems and procedures, inadequate accounting processes, and significant weaknesses and misstatements of financial reports, Auditor-General (AG) Mildred Chiri has said. In a report presented to Parliament, Chiri reported that government ministries failed to provide comprehensive financial information due to inefficient accounting systems, with some…
HARARE – State-owned enterprises and parastatals continue to incur shocking financial losses, with high chances of ceasing operations, Auditor-General Mildred Chiri has warned. State-owned enterprises and parastatals are losing millions of dollars, according to Chiri’s latest 2017 report, with fears that some might be declared insolvent due to the losses. Among the companies experiencing dreadful…
HARARE – A new law came into force yesterday prescribing a 10-year jail term for unlicensed foreign currency traders in Zimbabwe. The new law that amends the Exchange Control and Money Laundering and Proceeds of Crime Act says those convicted will also have money confiscated from them forfeited to the State. [GoogleAd] This comes after…
HARARE – Air Zimbabwe is inviting tenders from interested parties to invest in the stuttering airline. In a notice published yesterday, Air Zimbabwe Holdings administrator Reggie Saruchera said that interested bidders were to lodge their bids with Grant Thornton Chartered Accountants. “Tenders are hereby invited from interested parties to invest in Air Zimbabwe. Parties interested…
