We are learning from Bureau Veritas: Mabuwa

We are learning from Bureau Veritas: Mabuwa

By Daniel Chigundu INDUSTRY and Commerce Deputy Minister Chiratidzo Mabuwa says she is satisfied with the pre-inspection experience her ministry is getting from Bureau Veritas as they await the Quality Control Bill. Zimbabwe is in the process of formulating a Quality Control Act that will go a long way in preventing shipping of poor quality goods into the country. The Quality Control Bill is among 14 Bills that were pronounced by President Robert Mugabe when he officially opened the 4th Session of the Eighth Parliament of Zimbabwe last year. Speaking…

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Bulawayo duped US$200K …as ambulance supplier disappears with the money

Bulawayo duped US$200K …as ambulance supplier disappears with the money

By Daniel Chigundu BULAWAYO City Council (BCC) was duped in excess of US$200 000 in a botched ambulance deal by a Harare company, the Parliamentary Public Accounts Committee (PAC) has revealed. A tender was awarded to a local supplier for the supply of ambulances amounting to US$205 106 during the year ended December 31, 2010. The supplier was paid in advance. According to PAC, as at December 31, 2013, the ambulances in question had not been received and in addition, vehicle trackers amounting to US$100 000 were paid for in…

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Command Agric not sustainable: WB

Command Agric not sustainable: WB

By Ndafadza Madanha THE World Bank (WB) says the country’s much hyped command agriculture program was not sustainable and efficient and government should look at roping in the private sector. WB senior economist Johannes Herderschee, said details of the funding still remained a mystery to them though government contends the program was funded by private local players. “A lot of things are not clear about the command agriculture program but its impact will be felt on the budget but I don’t think it is efficient but let me state we…

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Govt avails US$80m to ZCDC

Govt avails US$80m to ZCDC

By Ndafadza Madanha GOVERNMENT says it has availed US$80m to the Zimbabwe Consolidated Diamond Company (ZCDC) as part of efforts to bolster operations of the company. According to finance and economic development Minister Patrick Chinamasa the funds will be used to buy equipment to enable the company to undertake conglomerate diamond mining. Chinamsa added that some of the equipment to be used in mining conglomerate diamonds was already in the country. The Marange fields are believed to be home to the biggest find of alluvial diamonds in the history of…

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Councils fleece Govt in land sales ….treasury keen on its pound of flesh

Councils fleece Govt in land sales ….treasury keen on its pound of flesh

By Ndafadza Madanha THE bulk of the country’s local authorities (LAs) are not remitting money from sale of land to treasury as prescribed by the law. Under the law all land on the books of LAs belongs to the state represented by central government and money accruing from the sale of land should be channeled to treasury. According to the Zimbabwe Economic Update produced by the World Bank (WB) in collaboration with the government LAs revenue rose from US$570m in 2011 to just over US$800m in 2014. During the period sale…

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