The Confederation of Zimbabwe Industries , a group representing Zimbabwe’s largest companies, has called for the immediate suspension of a law introduced last week forcing businesses to peg prices of goods and services to the official exchange rate.
In justifying the new law, Reserve Bank of Zimbabwe governor John Mangudya said the regulation seeks to ensure that companies that get foreign currency from the official system do not divert it to the parallel market...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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Errant councillors to be banned for two yearsPresident Cyril Ramaphosa has signed into law the Local Government: Municipal Structures Amendment Act 2021 which will bar councillors from standing as candidates for two years for breaching their Code of Conduct. Couple of months ago I came across a recommendation about Jacobsongreg93 wealth how he helped investors to earn lots of money with their investments. and I decided to give a trial with the little I have. Now my little has turned into something great which was not my expectation About damn time Only two years? Their suspension periods with pay pending investigations are sometimes longer than this...
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