Agriculture is taking centre stage in plans for the revival of Zimbabwe’s ailing economy under the new leadership of Emmerson Mnangagwa.
Zimbabwe has reduced excise duty on fuel imports, in a move aimed at reducing overall production costs in the country.
Zimbabwe’s power utility ZESA Holdings says it is technically insolvent and does not have the financial capacity to effect a 50 percent salary increment or pay over $100 million in arrears which is being demanded by its workers.
Zimbabwe’s Infrastructure Development Bank (IDBZ) is looking for investors to develop accommodation facilities for health sector professionals as part of a drive to retain key health professionals.
Three thousands youth officers who were supposed to be fired to save the government $19.3 million a year are still at work, Parliament heard last week.
The Zimbabwe Power Company (ZPC) says it was guilty of mismanagement after paying $7 million in unsecured advances to controversial firm, Intratek, for the Gwanda solar project.