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HARARE – Government cannot afford to employ teachers for Early Childhood Development (ECD), Finance minister Patrick Chinamasa has said. “Government recognises the complementary role that parents play in the Early Childhood Development (ECD) Programmes. However, the takeover of management and financing of ECDs is clearly beyond government’s current capacity. “It is proposed that, the pending…

HARARE – Government has decided on a plan of works to restore health centres and major hospitals, Finance minister Patrick Chinamasa has said. The government will also construct a number of rural health centres across the country. “The capital expenditure provision of $26,7 million will focus on rehabilitating central, provincial and district hospitals as well…

HARARE – After the budget presentation by Finance minister Patrick Chinamasa that amended the indigenisation law to reassure investors, re-engaged with global lenders and curbed profligate spending — all issues on the top of the opposition wish-list — analysts said the opposition strategists must be scratching their heads. Chinamasa presented on Thursday Zimbabwe’s final budget…

HARARE – Controversial  Harare businessman, Wicknell Chivayo, is staring down the barrel of a gun as the Zimbabwe Electricity Supply Authority (Zesa) and Parliament turn the heat on him in a bid to have his power deals cancelled. This comes as Zesa Holdings chief executive, Josh Chifamba, confirmed to the Daily News On Sunday yesterday…

  HARARE – President Emmerson Mnangagwa last night began the re-configuration of the security sector when he appointed Zimbabwe Ambassador to South Africa and Lesotho Isaac Moyo as the new director-general of the Central Intelligence Organisation (CIO). Moyo replaces Happyton Bonyongwe who had been appointed Justice minister by former president Robert Mugabe in his last…

HARARE – Jostling for posts has reached fever pitch ahead of Zanu PF’s extraordinary congress next week with the resurgent liberation war fighters going all out to reclaim positions that had fallen to former president Robert Mugabe’s allies. Having turned the tables on their rivals with the help of the military, which stepped in last…

HARARE – Government is backtracking on the promised devolution of power which partially found expression in the new Constitution. In his national budget on Thursday Finance minister Patrick Chinamasa said the idea was not sustainable. The new Constitution created eight provincial councils with 10 councillors each, envisaged to be elected through proportional representation. There are…

HARARE – Economists have said Finance minister Patrick Chinamasa made the right calls on some key elements of fiscal policy on one of the harshest budgets in a generation on Thursday, slashing spending, re-engaging with international lenders and attracting foreign investors. Bond markets rallied and rating agencies gave it a cautious welcome. But analysts questioned…