HARARE, December 4 (The Source) – Zimbabwe’s new President Emmerson Mnangagwa on Monday swore in his 22-member Cabinet, saying he has confidence in its ability to deliver and turnaround the economy.
HARARE, November 28 (The Source) – Newly installed Zimbabwe president Emmerson Mnangagwa says his administration will be leaner to cut costs and improve efficiency.
HARARE, November 6 – Zimbabwe’s President Robert Mugabe fired Emmerson Mnangagwa as vice president on Monday for showing “traits of disloyalty”, his information minister said, abruptly removing a favourite to succeed the 93-year-old leader.
HARARE, October 9 (The Source) – Zimbabwe’s government overspent by $358,4 million between January and May, with foreign travel chewing more than double the budget, indicating that the country’s fiscal deficit will widen this year as authorities fail to rein in spending. Official data… Read More
By Kuda Chideme, HARARE, September 13 (The Source) – Zimplats says it has agreed to give up 28,000 hectares of land, more than half of its idle mining claims to government, ending a five-year row but analysts say the latest land grab could spook foreign… Read More
HARARE, March 6 (The Source) – President Robert Mugabe’s government announced a late Monday afternoon deal to hand its employees $180 million in 2016 bonuses, only just managing to head off a planned strike. With an election due next year, the Mugabe government is keen… Read More
HARARE, March 6 (The Source) – Government will spend $180 million to pay the 2016 bonuses for its workers over five months from April following a crunch meeting with union leaders on Monday, staving off a crippling strike. Civil servants had planned to go on… Read More
HARARE, March 6 (The Source) – Government has agreed to pay the 2016 bonuses for its workers over five months from April following a crunch meeting with union leaders on Monday, staving off a planned strike by the civil servants. The Ministry of Finance said… Read More
HARARE, September 23 (The Source) – Policy inconsistency and discord within government is keeping away potential foreign investors interested in Zimbabwe, the Netherlands ambassador to Zimbabwe, Gera Sneller has said. Officially launching the Zimbabwe Netherlands Business Link (ZNBL) – a forum set up by Dutch… Read More
HARARE, July 22 (The Source) – In politically polarised Zimbabwe, few issues raise temperatures as swiftly as the matter of sanctions. On one hand are ZANU-PF and its sympathisers, who say Zimbabwe is under general sanctions, and that the embargo is responsible for every single… Read More
HARARE, July 21 (The Source) – Government says it will pay salaries for its soldiers next Monday, over a week late, and has deferred other payments to next month as it grapples with a chronic cash shortage. This is the second consecutive month the state… Read More
HARARE, August 14 (The Source) – President Robert Mugabe’s government on Friday issued new labour regulations that sought to reverse a July 17 Supreme Court ruling allowing employers to terminate contracts on notice, but analysts said the proposals could lead to more confusion and are… Read More
HARARE, November 17 (The Source) – The African Development Bank (AfDB) has warned Zimbabwe to invest in capital generating projects to halt economic slide and to reduce recurrent expenditure which chews up over 90 percent of its income. Recurrent expenditure is money spent on goods… Read More
HARARE, February 7 (The Source) – The Zimbabwe government has introduced a law requiring importers of selected agricultural products, including poultry and sugar, to apply for licences in a bid to control imports that are flooding the local market, a senior official said on Friday.… Read More
HARARE, October 29 (The Source) – Government spending continues to outstrip revenue, with the month ending August 31 showing a deficit of $7.34 million, according to Treasury statistics. According to the latest financial performance update from the Accountant General’s Department, government expenditure amounted to $314.02… Read More