Farai Mabeza The Auditor General is set to be removed from the Special Procurement Oversight Committee due to a glaring conflict of interest, it has been revealed. The committee was established under the Public Procurement and Disposal of Public Assets Act...
Farai Mabeza The Reserve Bank of Zimbabwe’s Financial Intelligence Unit has directed all banks to temporarily review all ZIPIT transaction limits downwards to $20 000 per day and $100 000 per month to curb illicit foreign currency trading. This comes...
Staff Writer African Development Bank president Akinwumi Adesina says the world has the resources to end hunger. He made the call in a message on the first day of the United Nations Food Systems Summit. Convened by UN Secretary General António Guterres,...
HARARE - Finance Minister Mthuli Ncube addressed Parliament regarding ongoing payment delays to Members of Parliament, which he attributed to “cash constraints.” He emphasized that these financial challenges are not new but have been exacerbated by ongoing issues in...
Government’s relationship with the stock exchange has been shaky from the 1980-independence start. It was, after all, unknown to this group of comrades. In the early days was left untouched even when there was heightened talk of nationalizing foreign...
Reason RazaoThe foreign currency auction is still not interactive with customers because of the Reserve Bank of Zimbabwe’s firm grip on the system and there is need for government to decentralize it with the Zimbabwe National Chamber of Commerce...
Global tourism experienced a 4% upturn in 2021, compared to 2020 (415 million versus 400 million). However, international tourist arrivals (overnight visitors) were still 72% below the pre-pandemic year of 2019, according to preliminary estimates by UNWTO. This follows...
Staff Writer The Economic Commission for Africa is making significant progress in supporting African countries to leverage the African Continental Free Trade Area (AfCTA) to drive digital trade on the continent. Addressing the ongoing 39th ECA Committee of Experts of the...
Sydney Kawadza Small-scale traders should be at the heart of initiatives looking at resetting, retooling and restarting regional integration in Africa in the wake of the COVID-19 pandemic, experts have said. The experts were speaking during a joint webinar, organized the...
Christopher Mahove Players in the tourism sector are struggling to access the half a billion dollar stimulus package for the sector due to bottlenecks in the modalities of the distribution of the fund. President Emerson Mnangagwa in May 2020 allocated...

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