ZIMBABWE’S
bankrupt central bank is to retrench
85 percent of its bloated staff complement to help it function
once again as a reliable national bank.
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Zimbabwe's diamond output from its Marange fields will reach 40-million carats in the next three years, with annual revenues expected at around $2-billion, a government adviser said on Tuesday.
Zimbabwe's diamond output from its Marange fields will reach 40 million carats in the next three years, with annual revenues expected at around $2 billion, a government adviser said.
Zimbabwe's telecoms regulator, Potraz has announced an extension to the deadline for PrePay SIM card users to register their details with the telecoms networks. The deadline which should have come into effect on Wednesday has now been extended to an "indefinite date".
Zimbabwe’s financial position is still “very trying” and diamond sales this year will not ease pressure on the budget, Finance Minister Tendai Biti said.