Policy

‘Zim debt strategy ambitious’

‘Zim debt strategy ambitious’

DIVERSIFIED insurance giant Old Mutual says Zimbabwe’s target to have paid off its $1,8 billion arrears to its preferred creditors by April 2016 is ambitious and demands strong political will. The company’s research unit, Old Mutual Securities, said Zimbabwe still has a long way to go before servicing its debts and […]

State deploys troops to parks

State deploys troops to parks

GOVERNMENT has deployed soldiers and special forces to national parks countrywide as it intensifies efforts to arrest the poaching of elephants and other animals. Environment, Water and Climate Minister Oppah Muchinguri-Kashiri said the involvement of the army meant that poaching was a serious cause for concern. This comes amid reports that […]

‘Increased power cuts to affect economic growth’

‘Increased power cuts to affect economic growth’

ZAMBEZI River Authority (ZRA)’s intention to allocate reduced water supply to Zimbabwe due to declining water-levels in Kariba Dam will significantly affect the country’s future economic growth prospects, economic analysts have warned. Zimbabwe’s economy is predicted to grow by 2,7 percent next year by the International Monetary Fund up from 1,5 […]