3,7pc growth target achievable — Govt…Stellar agric performance, better metal prices cited

Business Reporter GOVERNMENT has reaffirmed its 3,7 percent economic growth target for this year despite constraints posed by limited fiscal space. Presenting his 2016 National Budget Review and 2017 Outlook to Parliament yesterday, Finance and Economic Development Minister Patrick Chinamasa said growth prospects were positive owing to the strong performance in agriculture and a modest…
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Cabinet moves to plug financial leakages

Taurai Mangudhla BEING conduits for most financial transactions, governments closely watch banks and bank executives who are normally used as mules in illicit financial flows. By their nature, illicit financial flows take complex structures and also use non convention practices such as physical smuggling of cash out of the boarders, making it difficult for authorities…
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EDITORIAL COMMENT: Gono board must conquer Herculean task

Efforts by Finance and Economic Development Minister Patrick Chinamasa to provide guidance to the Special Economic Zones Authority board is most welcome. His meeting with the new board on Monday shows there is political will to ensure the project moves forward urgently. The new board is led by former Reserve Bank of Zimbabwe governor Dr Gideon…
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Bakers mull bread price increase

Conrad Mwanawashe Business Reporter BAKERS have hinted on an increase in the price of bread and other flour products following a rise in the prices of bread flour of between 10-25 percent as a result of nostro liquidity challenges. The nostro liquidity challenges have caused banks to sell euros, British pounds and South African rands to…
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