Govt freezes retrenchments

Felex Share Senior Reporter— The Civil Service Commission (CSC) has frozen the rationalisation exercise in the public service which sought to cut Government’s wage bill, it has emerged. CSC chairperson Dr Mariyawanda Nzuwah yesterday said the freeze would remain in place until the commission gets guidance from Cabinet. This comes after youths, together with Youth, Indigenisation…
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Zesa averts blackout, pays Eskom $8m

Felex Share Senior Reporter— Zimbabwe has paid $8 million to Eskom of South Africa and Hydro Cahora Bassa (HCB) of Mozambique to avoid losing 350 megawatts as the country battles to liquidate arrears amounting to over $50 million. Eskom had threatened to switch off Zesa Holdings beginning yesterday. Zesa Holdings, Ministry of Energy and Power Development…
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Zim faces massive load-shedding •$43m power import arrears cited •Eskom threatens action in 8 days

Felex Share Senior Reporter— Zimbabwe might experience massive load-shedding starting next week if Zesa Holdings fails to settle an outstanding power import bill of $43 million owed to Eskom of South Africa and Hydro Cahora Bassa (HCB) of Mozambique. Eskom supplies Zimbabwe with 300 megawatts, while HCB chips in with 50 megawatts. Related stories…… Power…
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President launches billion-dollar projects

Farirai Machivenyika in CHIRUMANZU and George Maponga in CHIVI— PRESIDENT Mugabe yesterday commissioned $1,3 billion mega-projects, with potential to significantly transform the domestic and regional economy. The mega-projects, both a boon to Zim-Asset’s infrastructure and utilities cluster, are the $250 million Tokwe-Mukosi Dam in Chivi and the $1 billion dualisation of the Beitbridge-Harare Highway, the economic…
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