Presenting his 2016 Monetary Policy, Mangudya said some $684 million was exported to foreign accounts by individuals while companies externalized $1.2 billion.
Finance Minister Patrick Chinamasa projected in his 2016 national budget that the economy will grow by 2, 7 percent this year up from 1, 5 percent in 2015.
Some organizations representing civil servants have expressed skepticism over reports that the government will pay outstanding 2015 bonuses starting this month up to May this year.
Mutare Mayor Tatenda Nhamarare has justified the current onslaught on the residents insisting that they should pay what they owe the council.
Zanu PF factions are fighting for the control of the party while millions of people are struggling to make ends meet.
One scholar says Obama's visit to Islamic Society of Baltimore continued long tradition of US presidents defending religious freedom
Somali aviation officials estimate the plane was at an altitude of more than 12,000 feet when the blast occurred
Lawyer, Dzimbabwe Chimbga of the Zimbabwe Lawyers for Human Rights says his organization is disturbed by the arrest and prosecution of Tomana.
The Constitutional Court ruling means that journalists, who would have defamed people in their reporting, won’t be arrested but affected people may approach the civil courts for recourse.
"We are puzzled why a British doctor should want a farm in Zimbabwe since he and his wife are apparently in full-time employment here."
The new 600-seater theatre in the park being constructed with the support of various embassies in the country would also offer live streaming of all its productions.