Distribution was agreed to be carried out by the Grain Marketing Board but the MDC says the GMB has been politically compromised
Sources in Victoria Falls said the ZW$100 trillion notes much coveted by tourists these days are fetching a street price US$5
With hotel rooms unavailable, some South African, Mozambican and Zambian visitors resorted to sleeping in their vehicles
Human Rights Watch Senior Researcher Tiseke Kasambala said Harare should take steps to halt abuses of diamond revenues
Welchman Ncube said ZANU-PF cannot start grabbing foreign-owned firms without consulting the other two parties in government
An increasing number of Zimbabwean banks are willing to lend the equivalent of a month’s salary at 28 percent annual interest
Zimbabweans have flocked to centers in Johannesburg seeking to fulfill bureaucratic requirments for a safe haven against deportation
The situation is worse in growth points and small towns with a few building societies like CABS and the Post Office Savings Bank
Masvingo resident Tonderai Kuvheya said sugar prices rose 50 cents to US$2.50 a 25 percent rise just in the past week
The Development Foundation aims is to provide a platform for engagement between Zimbabweans in the diaspora and inside the country
In other economic news, an inter-ministerial committee is moving to restructure the moribund Grain Marketing Board
Economist Bekithemba Mhlanga said threats by veterans against firms relocating from Bulawayo sends the wrong signal to investors
President Mugabe blames Western sanctions; Prime Minister Tsvangirai says political instability is a deterrent to investors
At least 150 Bulawayo workers will be left jobless and thousands of waste paper recyclers will lose a key source of income
Midlands residents are hoping for a revival as the strategic investor selected to recapitalize and overhaul Ziscosteel takes charge
The government is also moving to sell a 50 percent stake in state-controlled enterprises such as Air Zimbabwe
Sources said the central bank, which owes millions to creditors, cannot afford severance packages for laid-off staff
FM Biti said proper accounting for funds retained by government branches is problematic as many do not file financial statements
Affirmative Action Group president Supa Mandiwanzira said the budget does not cater for the nation’s indigenization program.
FM Biti said the growth of the economy next year will depend on several factors including political stability in the country
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