We have not yet disbursed relief funds to the vulnerable, says Minister

By Staff Writer Public Service, Labour and Social Welfare Minister Paul Mavima has revealed that government is yet to disburse the promised ZW$200 relief funds to vulnerable groups meant for the COVID-19 induced lockdown. While government has been receiving medical equipment in its fight against the respiratory ailment, critics say authorities have failed to provide …

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Parliament sits to decide on adjournment, pressure mounts

Parliament’s Committee on Standing Rules and Orders (CSRO) is expected to meet today to determine whether Parliament will reopen on the 5th of May, or that it will extend its adjournment. Zimbabwe’s Parliament adjourned its sittings on the 18th of March and is expected to reconvene on the 5th of May and the move to …

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Zimra surpasses quarterly targets, warns of massive job cuts due to COVID-19

By Staff Writer Zimbabwe’s tax agency (Zimra) surpassed its revenue quarterly target by 10,42% to ZW$13.88 billion during the first three months of the year but predicted that collections will plunge in the next quarter on the backdrop of looming job cuts driven by the COVID-19 pandemic. Official figures on the spread of the virus …

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Mr President, this will not work, says experts

By Staff Writer The government on Wednesday gazetted a new piece of legislation that would result in tenants deferring residential rentals while would-be homeowners would also delay in making payments for mortgages but market players and experts have warned that the move could have far-reaching consequences on Zimbabwe’s fragile economy. According to SI 96/2020, property …

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Mr President, this will not work, says experts

By Staff Writer The government on Wednesday gazetted a new piece of legislation that would result in tenants deferring residential rentals while would-be homeowners would also delay in making payments for mortgages but market players and experts have warned that the move could have far-reaching consequences on Zimbabwe’s fragile economy. According to SI 96/2020, property …

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RBZ lowers lending rates in response to COVID-19

By Staff Writer Zimbabwe’s central bank has reduced bank rates to 15% from 25% per annum with effect from Friday this week as authorities move in to ease the cost of borrowing against the backdrop of an economic implosion triggered by COVID-19. Zimbabwe’s economy is floundering and expects project the Gross Domestic Product to contract …

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RBZ lowers lending rates in response to COVID-19

By Staff Writer Zimbabwe’s central bank has reduced bank rates to 15% from 25% per annum with effect from Friday this week as authorities move in to ease the cost of borrowing against the backdrop of an economic implosion triggered by COVID-19. Zimbabwe’s economy is floundering and expects project the Gross Domestic Product to contract …

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DOWNLOAD: S.I.96 of 2020 (Deferral of Rent and Mortgage Payments During National Lockdown)

These regulations may be cited as the Presidential Powers (Temporary Measures) (Deferral of Rent and Mortgage Payments During National Lockdown) Regulations, 2020.
DOWNLOAD: S. I. 96 of 2020 Presidential Powers nom
The post DOWNLOAD: S.I.96 of 2020 (De…

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DOWNLOAD: S.I.96 of 2020 (Deferral of Rent and Mortgage Payments During National Lockdown)

These regulations may be cited as the Presidential Powers (Temporary Measures) (Deferral of Rent and Mortgage Payments During National Lockdown) Regulations, 2020.
DOWNLOAD: S. I. 96 of 2020 Presidential Powers nom
The post DOWNLOAD: S.I.96 of 2020 (De…

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Its the work of detractors, I haven’t been nominated yet, says Mwonzora

MDC-T secretary-general Douglas Mwonzora says campaign posters circulating on social media are the work of detractors as he has not yet been nominated to contest for the position of president. The party was ordered by the Supreme Court to convene an extraordinary congress within three months to choose a substantive leader who will take over …

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