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Forex auction is market driven, Minister Ncube


Professor Mthuli Ncube
FOREIGN currency auctions are market driven and represent an expression of choice in the trade of the hard currency, a development that has stabilised the exchange rate in Zimbabwe.
This was said by Finance and Economic Development Minister Professor Mthuli Ncube while responding to questions in the National Assembly last week.
Prof Ncube said the Government could not use any other foreign exchange rate in settlement of its obligations in Zimbabwe since that would undermine the auction system.
Kambuzuma MP Mr Willias Madzimure (MDC Alliance) had said the 83,5 rate to US$1 being paid to tobacco farmers was unfair given that farm implements and other related goods were indexed at the parallel market rate which was higher. ....

Zimbabwe General , Willias Madzimure , Felix Mhona , Mthuli Ncube , Infrastructural Development , National Assembly , Economic Development , Professor Mthuli , Prof Ncube , Infrastructural Development Minister Felix Mhona , Rural Resettlement Minister Anxious Masuka , ஸிஂபாப்வே ஜநரல் , உள்கட்டமைப்பு வளர்ச்சி , தேசிய சட்டசபை , பொருளாதார வளர்ச்சி ,

Moyo seeks new blessings | The Standard


Moyo seeks new blessings
BY TERRY MADYAUTA
AFTER failing to make a mark in South African football where he played for DStv Premiership side Maritzburg as well as First Division clubs TS Sporting and Real Kings, Blessing Moyo is hoping to use his experiences to adapt to his new home, FC Platinum.
Moyo is one of the few players who have risen through the Dynamos junior ranks in recent times before cutting teeth in the lucrative South African league.
But just like the majority of Zimbabwean players who trekked to join the neighbouring country’s top-flight league in recent years, Moyo struggled to make an impact before retracing his roots back to local football. ....

Kwazulu Natal , South Africa , Mashonaland East , South African , Kelvin Mangiza , Norman Mapeza , Raphael Muduviwa , Rodwell Chinyengetere , National First Division , Caf Champions League , First Division , Caf Confederation Cup , Real Kings , Blessing Moyo , Donald Ngoma , Harare City , Absa Premiership , க்வஸூல்யூ நேட்டல் , மஷோனலண்ட் கிழக்கு , தேசிய முதல் பிரிவு , கஃபே சாம்பியன்கள் லீக் , முதல் பிரிவு , கஃபே கூட்டமைப்பு கோப்பை , ரியல் கிண்ஸ் , ஆசீர்வாதம் மொயோ , ஹராரே நகரம் ,