Zimbabwe says its decision to freeze recruitment of public sector workers has lowered its wage bill to 65 percent of expenditure, from around 85 percent previously and resulted in monthly savings of $10 million.
The Zimbabwe Anti-Corruption Commission which recently said that former Premier Medical Aid Society chief executive Cuthbert Dube had no case to answer following reports of lavish salaries and allowances he was paid, now says he has a case to answer.
South Africa’s Alexander Forbes Group Holdings has acquired Zimbabwe’s largest independent actuarial firm, African Actuarial Consultants (AAC).
State owned Agricultural Development bank of Zimbabwe (Agribank) reported a profit of $1.8 million for the five months to May, over three times the budget, driven by Treasury Bills interest income.
Zimbabwe African National Union-Patriotic Front Member of Parliament for Buhera Central Ronald Muderedzwa says Zimbabweans are peace loving people so organisations like #Tajamuka and #ThisFlg and other forms of violence are not characteristic of Zimbabwe as a country.