Foreign Investments safe: ED

Foreign Investments safe: ED

By Ndafadza Madanha PRESIDENT Emmerson Mnangagwa has assured foreign investors that their investments are safe and his administration will honor all Bilateral Investment Protection Agreement Zimbabwe have signed. The pronouncements come at a time when government has intensified efforts to lure foreign direct investment with the head of state penciled to undertake his maiden trip to the World Economic Forum gathering in Switzerland next week. “All investments are safe and secure and all BIPPA will be honored and I have directed the ministry of foreign affairs to ratify all agreements…

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Chinamasa concedes to pressure …as Parliament passes 2018 budget

Chinamasa concedes to pressure …as Parliament passes 2018 budget

By Daniel Chigundu FINANCE Minister Patrick Chinamasa had to literary buy passage for his 2018 National Budget as legislators had dug-in on their demands for Parliament and health sector. Parliamentarians were unanimous in their demand for adequate budget for the legislature arguing that the initially allocated US$57 million was not enough to effectively funding their oversight role. Parliament last year failed to hold public meetings in some areas and had to literary depend on the benevolence of development partners. However after threatening to sabotage the budget, Minister Chinamasa was left…

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