Zimbabwe Central Bank Accumulates Almost a Ton of Gold Reserves

Source: Zimbabwe Central Bank Accumulates Almost a Ton of Gold Reserves (Bloomberg) — Zimbabwe’s central bank accumulated 793 kilograms (25,000 ounces) of gold reserves since introducing a law that compels mining companies to pay part of their royalties using the metal. The reserves were collected after mines in the southern African nation produced 30.1 tons […]
The post Zimbabwe Central Bank Accumulates Almost a Ton of Gold Reserves appeared first on Zimbabwe Situation. …
Continue reading…

Enjoyed this post? Share it!

 
 

Man jailed 9 years for ivory possession

Yeukai Karengezeka Court Correspondent AN effective nine-year jail sentence will be served by a Harare man who tried to sell 5,2kg of ivory worth US$884 to an undercover police officer. Anthony Kowe (34) was convicted after a full trial by Harare magistrate Mrs Ruth Moyo. Prosecutor, Ms Nomsa Kangara proved that on February  19, last […]
The post Man jailed 9 years for ivory possession appeared first on Zimbabwe Situation. …
Continue reading…

Enjoyed this post? Share it!

 
 

Unlicensed gold dealer to get revised sentence

Chief Court Reporter THE High Court has quashed a five-year sentence imposed on a man convicted of possession of 0,229 grammes of gold without a licence and ordered the trial magistrate to review the penalty. The High Court said the magistrate exceeded the sentencing limit of her jurisdiction when she applied the minimum laid down […]
The post Unlicensed gold dealer to get revised sentence appeared first on Zimbabwe Situation. …
Continue reading…

Enjoyed this post? Share it!

 
 

23 years of sanctions embolden Zim: President

Lawson Mabhena in Dubai, UAE ZIMBABWE’S story is that of resilience, innovation, people-centred policies and the undying resolve to defeat illegal Western sanctions that have continued to pound the country for over 23 years. Today, Zimbabwe is the fastest growing economy in the Southern African region, one of the few countries in Africa to achieve […] …
Continue reading…

Enjoyed this post? Share it!

 
 

‘Strategic foresight vital for economic growth’

Lawson Mabhena in Dubai, UAE  STRATEGIC foresight and robust systems are integral to economic growth and sustainable development in a rapidly changing economic environment, President Mnangagwa told global thought leaders here during a keynote address to the World Governments Summit yesterday. Addressing a government experience exchange forum titled: “How the governments of today can prepare […] …
Continue reading…

Enjoyed this post? Share it!

 
 

COMMENT: BCC must not relent on move to clean city

Bulawayo City Council together with the police launched a blitz against pirate taxis and kombis defying a directive to move to the upgraded Egodini bus terminus.  The council wants to restore order in the city centre where pirate taxis and kombis are causing chaos by picking and dropping passengers at undesignated points.  There is congestion […] …
Continue reading…

Enjoyed this post? Share it!

 
 

Rabbit firm targets 1 000 out-growers

Business Writer ONE of the top local rabbit breeders and meat producers —White Meat Company, plans to double its out-grower scheme to 1 000 members this year and open a restaurant in Victoria Falls with a view to spreading its footprint to Bulawayo. Over the years, the country’s rabbit-rearing industry has been dormant but it […] …
Continue reading…

Enjoyed this post? Share it!