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Wednesday, June 19, 2019
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Urgent decisions needed to tackle economic challenges: ED

LIVINGSTONE MARUFU ZIMBABWE needs urgent and bold decisions to address the current economic challenges that the country is facing, President Mnangagwa has said. The development comes...

Pain is unavoidable before the cash crisis is solved

Chris Chenga The last several days have offered two interesting cases for observation with regards to the International Monetary Fund monitored reform programmes by countries needing...

Zim to pay off WB, AfDB debt arrears by September

Phillimon Mhlanga GWERU – The Reserve Bank of Zimbabwe has accelerated efforts to clear debt arrears owed to the World Bank (WB) and the African...

ZESA consumer debt balloons to $1,5 billion

Phillimon Mhlanga HARARE - Debt to the Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has ballooned by 50 percent to $1,5 billion over the past...

British firm completes e-govt procurement strategy

Phillimon Mhlanga A British consulting firm Crown Agency, which won the tender to develop an electronic procurement strategy for the Zimbabwe government last year, has completed...

Zim’s debt payment plan suffers big blow

BERNARD MPOFU Zimbabwe’s debt clearance plan has been thrown off the rails after Britain, which had been supporting the programme, said it was unhappy with...

Between a rock and a hard surface

JOSEPH MVERECHA If you would rather be in anyone’s shoes now – they are certainly not those of the Minister of Finance and Economic...

IPEC tightens screws on insurance companies

PHILLIMON MHLANGA The Insurance and Pensions Commission (IPEC) has directed all insurance companies to seek approval from the regulator when offering new products into the...

Write off vs. bad debt expense: How should Zimra’s $4bn debt be dealt with?

Nelson Gahadza We are often amazed each time we hear that the Zimbabwe Revenue Authority (Zimra) is owed over $4 billion in unpaid tax obligations,...

Zim’s year on year inflation rises to 20,85 percent

TAURAI MANGUDHLA Zimbabwe’s year on year inflation rate quadrupled to close the month of October 2018 at 20,85 percent, compared to 5,39 percent the previous...