Zimbabwe has suspended duty on hydrogenated soya bean oil for a year with effect from July 1, 2017, according to the government gazette.
Teams of Indian and Turkish investors are in Zimbabwe seeking investment and joint venture opportunities with local companies, mostly targeted at the Special Economic Zones, officials say.
Movement for Democratic Change leader Morgan Tsvangirai is today expected to launch the so-called grand coalition with seven other political parties but the launch has already hit a snag with former partner Tendai Biti’s Progressive Democratic Party saying it will not attend.
Although the United States has been pressing for change in Zimbabwe, introducing sanctions to help effect this in 2003, it has been worried for some time about President Robert Mugabe’s possible successor, because there are some “bad apples” among the potential successors.
President Robert Mugabe today signed into law the Public Procurement and Disposal of Public Assets Act, which paves way for the establishment of a regulatory body to oversee state procurement.
Presenting his latest monetary policy statement on Wednesday, central bank governor John Mangudya looked like a runner who had just done the Gutu Half Marathon in mid-October.
Internet and mobile based transactions reached $1.56 billion in May, nearly double from $814 million in January driven by massive uptake of the electronic payments.
Vice-President Phelekezela Mphoko yesterday said he did not know why soldiers and the police were fighting in the capital but most fights even in people’s homes were due to attitudes.