News

President Mugabe has assented to the Appropriation Act 2017 that will see the operationalisation of the $3,426 billion National Budget for this year.   Finance and Economic Development Minister Patrick Chinamasa presented the budget proposals last year.   The consolidated Government revenue expenditure was announced in the Government Gazette published on March 23.   Part of the Act reads: “The Consolidated Revenue Fund is hereby charged with such sums of money as required for the…

Government has expressed concern over the high prevalence rate of HIV infections and Sexually Transmitted Infections (STIs) among youths, especially college and university students.   Health and Child Care Minister Dr David Parirenyatwa said HIV prevalence rate had decreased countrywide from 29 percent to about 13 percent.   “But it is still high and it must come down further,” he said. “We discovered that there are four groups in this country where the HIV rate…

Motorists will now have to fork out more in traffic fines following the coming into force of a new scale of fines to be imposed by the Zimbabwe Republic Police.   The coming into effect of new scale of fines followed the signing into law by President Mugabe of the Finance Act last week.   Section 35 of the Finance Act reviewed Levels One, Two and Three of the standard scale of fines in the…

THE government is crafting legislation to compel board members of parastatals and State enterprises to declare their assets to curb corruption, Finance minister Patrick Chinamasa has said. Responding to a motion by the Parliamentary Public Accounts Committee on the state of State enterprises in the National Assembly yesterday, Chinamasa said the draft corporate governance Bill for public enterprises was being finalised.   “The Bill will govern the appointment of board members and senior management, clarify…

PRIME MINISTER TO TRIGGER ARTICLE 50, at 12:30hrs and begin Brexit,a two year withdrawal process from the European Union today Wednesday 29/03/2017.  After fourty five years of EU membership by Britain, At 12:30 today, Britain will technically have reached the point of no return in take off from the European Union (EU). The European Council president , former PM of Poland Donald Tusk will receive a letter from British Prime Minister Theresa May, that will…

REGIONAL retail group, Choppies, has spread its wings to Mozambique where it is scheduled to open its first shop in Tete province today.   The Botswana and Johannesburg-listed firm already boasts of a wider regional branch network with branches across Africa.   “Choppies is spreading. We are opening our shop in Tete province in Mozambique tomorrow Wednesday the 29th. We have partnered with the (Samora) Machel family that side and it’s the first shop of…