ZIMBABWE’s broke Treasury has failed to account for nearly US$570 million disbursed to unnamed beneficiaries in the form of loans, exposing bad governance, gross mismanagement of public funds and systematic […]
AUDITOR-GENERAL (AG) Mildred Chiri has exposed massive misappropriation of funds at the Minerals Marketing Corporation of Zimbabwe (MMCZ) where huge sums of money exceeding the legally permissible threshold were spent […]
THE World Bank has warned Zimbabwe’s debt-ridden government against using vulture funds to clear the country’s arrears with multilateral financial institutions as Harare engages international lenders to access fresh capital.
ZIMBABWE’S cash crisis, which began two years ago, is set to persist due to excessive government borrowing. This comes amid growing concerns the central bank’s interventionist measures could crowd out […]
STATE-OWNED enterprises and parastatal (SEPs) losses have practically doubled since 2011, with the majority requiring public subsidies and becoming a major drain on the fiscus. This comes as executive compensation […]
BUY Zimbabwe is a campaign meant to promote quality, competitiveness, production and consumption of local products and services. The campaign has, however, faced a number of challenges, among them the […]