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Reform fiscal governance to plug out corruption, Government warned

By Farai Matebvu MUTARE- Government has been called on to reform the national fiscal governance to fully enhance constitutional and legal requirements of the financial management to avoid corruption, excessive and opaque borrowing, the National Association of Non Governmental Organisations (NANGO) has warned. NANGO, an umbrella body for all non governmental organisations

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President Mnangagwa takes aim at banks for ‘stashing’ forex

PRESIDENT Emmerson Mnangagwa has accused commercial banks, which include Nedbank, Standard Bank and Standard Chartered – of “stashing” foreign currency for speculative street currency dealings, thereby fuelling high inflation through exchange rate distortions. Government is struggling for foreign currency and has been unable to pay for key imports such as fuel

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