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.
In the snows of Davos, two brand new southern African leaders are attempting to persuade the world that they have a good story to tell.
The Speaker of Parliament Jacob Mudenda has issued a two months ultimatum for the National Assembly to finalise the Exploration and Mines and Mineral Amendment bills which he says will provide clarity on mining activities in the country after nearly two decades in the making.