Economic Cleansing Process Begins

[The Herald] Government has started a cleansing process targeting unlawful and illegitimate transactions, money laundering, externalisation of foreign currency and underground foreign exchange deals, Finance and Economic Development Minister Patrick Ch…

[The Herald] Government has started a cleansing process targeting unlawful and illegitimate transactions, money laundering, externalisation of foreign currency and underground foreign exchange deals, Finance and Economic Development Minister Patrick Chinamasa has said.

source: AllAfrica News: Zimbabwe

Chinamasa Comes Hard On Govt Spending, Restricts Indigenisation Policy to Platinum and Diamond Mining

[The Source] Zimbabwe’s economy will grow by 3,7 percent this year, rising to 4,5 next year, finance minister Patrick Chinamasa said on Thursday as he presented the 2018 national budget with a $5,8 billion envelope.

[The Source] Zimbabwe's economy will grow by 3,7 percent this year, rising to 4,5 next year, finance minister Patrick Chinamasa said on Thursday as he presented the 2018 national budget with a $5,8 billion envelope.

source: AllAfrica News: Zimbabwe

China Makes $220 Million Move

[Financial Gazette] CHINA yesterday became the first global power to offer financial support to President Emmerson Mnangagwa’s new administration, unveiling US$218 million in grants and loans and committing more funding as the international community s…

[Financial Gazette] CHINA yesterday became the first global power to offer financial support to President Emmerson Mnangagwa's new administration, unveiling US$218 million in grants and loans and committing more funding as the international community starts to engage with a post-Mugabe Zimbabwe.

source: AllAfrica News: Zimbabwe

Mystery Shoot-Out At Chihuri Mansion

[Financial Gazette] EMBATTLED Zimbabwe Republic Police commissioner general Augustine Chihuri’s Harare mansion in Greystone Park yesterday caught fire after a police officer randomly opened fire at the premises.

[Financial Gazette] EMBATTLED Zimbabwe Republic Police commissioner general Augustine Chihuri's Harare mansion in Greystone Park yesterday caught fire after a police officer randomly opened fire at the premises.

source: AllAfrica News: Zimbabwe

Zimbabwe, Zambia Strike US$115m Power Debt Deal

[Financial Gazette] AFTER almost a year of complex negotiations, Zimbabwe has finally struck a deal with Zambia on payment modalities for a US$114,8 million interest on the federation-era debt that Lusaka is owed by its southern neighbour.

[Financial Gazette] AFTER almost a year of complex negotiations, Zimbabwe has finally struck a deal with Zambia on payment modalities for a US$114,8 million interest on the federation-era debt that Lusaka is owed by its southern neighbour.

source: AllAfrica News: Zimbabwe

A Tale of Two Presidents Who Were Forced to Resign

[Daily News] “HISTORY repeats itself”, so says the old adage. This article presents the interesting story of two former Presidents of their respective countries, who were both removed from power by their own political parties, by way of being forced to…

[Daily News] "HISTORY repeats itself", so says the old adage. This article presents the interesting story of two former Presidents of their respective countries, who were both removed from power by their own political parties, by way of being forced to resign. They are, respectively, President Aboud Jumbe Mwinyi of Zanzibar, (1972 to 1984); and President Robert Gabriel Mugabe of Zimbabwe, (1980 to 2017.

source: AllAfrica News: Zimbabwe

Govt May Sell Off 2,000 Houses in Abuja Over Tax Avoidance

[This Day] Abuja -The federal government disclosed Thursday that it has uncovered 2,000 houses in Abuja whose owners are not paying taxes on them, giving an indication it may soon dispose off the property after securing the necessary legal backing.

[This Day] Abuja -The federal government disclosed Thursday that it has uncovered 2,000 houses in Abuja whose owners are not paying taxes on them, giving an indication it may soon dispose off the property after securing the necessary legal backing.

source: AllAfrica News: Nigeria

Opposition MPs Unveil New Anti-Age Limit Plan

[Monitor] Parliament -Ahead of the decisive week when Parliament’s legal affairs committee is expected to table a report on the amendment of Article 102(b) to remove age limit, MPs opposed to the proposal yesterday unveiled activities to fight the amen…

[Monitor] Parliament -Ahead of the decisive week when Parliament's legal affairs committee is expected to table a report on the amendment of Article 102(b) to remove age limit, MPs opposed to the proposal yesterday unveiled activities to fight the amendment, putting them on a potential collision course with security agencies.

source: AllAfrica News: Uganda