Day: September 6, 2018

Accident claims 3

Three people were killed in two separate road traffic accidents on the same spot in Banket last night. The first accident involved a Honda Fit that was hit from behind by a haulage truck which the driver was trying to overtake. The Honda Fit prematurely returned to the left lane as he tried to avoid a head on collision with an oncoming car. A 13 year old girl was killed in the process after she crashed onto the tarmac upon impact. Two other people, a Banket-based policeman and a motorist who had rushed to the scene of the first...

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Salvation Army pastor, family robbed in Chinhoyi

A Chinhoyi Salvation Army pastor and his family were tied up and assaulted by armed robbers who broke into their home early Thursday morning. The assailants escaped with the clergyman’s car and other valuables which included mobile phones. Around 4am Thursday, three armed robbers allegedly pounced on Captain Kumbirai Kazembe’s home housed at the church’s Chinhoyi Citadel premises and tied the occupants with electric and cellphone charger cables, before assaulting the victims to cow them into submission. The pastor had his hands and legs tied before the robbers repeated the feat on the clergyman’s wife, and a cadet pastor...

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Macroeconomic stability, fiscal consolidation, building investor confidence in Zim

By Prof Mthuli Ncube The process of creating a stable macroeconomic environment for building confidence in the Zimbabwe economy requires first of all, a clear budgetary framework in the Ministry of Finance and the targeting and tracking of key macroeconomic variables. Second, it requires a process of fiscal consolidation and medium-term approach like a 3-year horizon to budgeting. Third, it requires institutional coordination between the fiscal side, and the monetary side (Reserve Bank of Zimbabwe). Finally, external engagements and visibility with main creditors, global IFIs, global capital markets, G20 participation, and creating an international economic Advisory Council, for example....

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UPDATED: President ED returns home

President Emmerson Mnangagwa has returned home from Beijing, China, where he attended the Forum on China-Africa Relations (FOCAC) summit. Cde Mnangagwa was among 48 heads of state and government from Africa who attended the 2018 Beijing summit of FOCAC. President Mnangagwa returned home this morning and was met at the Robert Mugabe International Airport by the two vice presidents Retired General Constantino Chiwenga and Cde Kembo Mohadi, Harare Province Minister of State Miriam Chikukwa, Minister of State for Scholarships Dr Chris Mushohwe, senior government and service chiefs.   Meanwhile, President Mnangagwa held bilateral talks with his Chinese counterpart President Xi...

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