Breaking News

Zimbabwean economy now drifting on autopilot

AS First Lady Grace Mugabe seems to have taken over the running of the state and government behind the scenes while President Robert Mugabe looks to have lost control to his rabble-rousing wife, the e...Read more

Zimbabwean economy now drifting on autopilot

24 October 2014 | 1547 Views
AS First Lady Grace Mugabe seems to have taken over the running of the state and government behind the scenes while President Robert Mugabe looks to have lost control to his rabble-rousing wife, the e...

by Staff reporter

RBZ relaxes exchange controls to stimulate FDIs

15 October 2014 | 1294 Views
The RBZ has relaxed foreign exchange regulations as part of measures to stimulate foreign direct investment. Kupukile Mlambo, RBZ deputy governor said the central bank now allows foreign i...

by Staff reporter

Zimbabwe diamond exports sharply declines

07 October 2014 | 1926 Views
INDUSTRIAL grade diamonds dominate Zimbabwe's gem exports, although sales sharply declined to $188 million in 2013 from nearly $658 million in the previous year.The decline was due to weakenin...

by Staff reporter

Afreximbank lends Zimbabwe over $500 million annually

07 October 2014 | 980 Views
THE African Export-Import Bank (Afreximbank) is disbursing an average of $500 million per annum through various financing facilities to Zimbabwe. Afreximbank senior director (finance) Philip ...

by Staff reporter

Reduce imports, Zim govt told

06 October 2014 | 2074 Views
ZIMBABWE - THE country could save more than $2 billion dollars per annum if it reduces imports by 40 percent, a special advisory committee set up by government has said. The committee was set ...

by Business reporter

Zimbabwe heads for economic lockdown, says Tendai Biti

04 October 2014 | 4349 Views
FORMER finance minister and MDC Renewal leader, Tendai Biti, has warned that Zimbabwe is heading towards a virtual economic lockdown.Biti made the chilling warning while addressing a South...

by Staff reporter

Wave of price hikes hits Zimbabwe

02 October 2014 | 3948 Views
PRICES have started going up after a hike in fuel prices triggered by an upward review of tax on fuel by government, which is desperate to raise cash to fund a tight budget. Government increased exci...

by Staff reporter

Zimbabwe economy heads South

30 September 2014 | 3016 Views
Zimbabwe's economy continues to weaken in the absence of strong government policies as evidenced by earnings results released this month by listed stocks as all companies showed signs of stress. ...

by Staff reporter

'Zimbabwe not a basket case, has to clear debts,' says IMF

24 September 2014 | 3551 Views
Zimbabwe will not be able to access fresh funds from the World Bank and the International Monetary Fund until it has paid its long overdue arrears. The IMF head of mission to Zimbabwe, Do...

by Staff reporter

Zimbabwe to engage IFC for financial support

24 September 2014 | 1054 Views
Finance and Economic Development Minister Patrick Chinamasa says he will engage the International Finance Corporation, a unit of the International Monetary Fund, to extend financial support to loc...

by Staff reporter

Chinamasa bemoans wage bill

24 September 2014 | 3916 Views
HARARE - The wage bill for civil servants is embarrassing and unsustainable, Finance minister Patrick Chinamasa said yesterday, echoing criticism from the International Monetary Fund (IMF) as the coun...

by Staff Reporter

Chinamasa extends begging bowl, queries isolation by World Bank, IFC

23 September 2014 | 2211 Views
Zimbabwe says there is no justification in the continued isolation of the local private sector by the World Bank's affiliate, the International Finance Corporation (IFC) as the local industry ha...

by Staff reporter

Zimbabwe moves to activate African Development Bank grant

23 September 2014 | 967 Views
The Zimbabwean government has requested the services of consultants to develop an indicators manual and a development report as it moves to activate a youth grant from the African Development Bank (Af...

by Staff reporter

RBZ mulls electronic payments regulation

22 September 2014 | 1314 Views
RBZ plans to introduce regulations that govern electronic transactions following the proliferation of technology based payment platforms. RBZ Financial markets division deputy director Wil...

by Staff reporter

'Tendai Biti misfires on Kariba'

22 September 2014 | 5067 Views
The state media reports that adjustment made to the cost of constructing Kariba South hydro-electric power project from USD $355 million to USD $533 million reflects the full cost of the project m...

by Freeman Razemba

Prices of local products rising

19 September 2014 | 3108 Views
Prices of locally produced goods are seen rising as manufacturers pass the cost for excise duty on fuel to consumers, analysts have warned. MMC Capital says in its weekly market report it ...

by Staff reporter

Steady growth for Zimbabwean economy

18 September 2014 | 3187 Views
The Zimbabwean economy has maintained steady growth, slightly improving this year compared to last year's ranking, according to the latest World Economic Forum Global Competitiveness Report for 20...

by Staff Reporter

'Zimbabwe economy could collapse on Zimdollar reintroduction'

17 September 2014 | 2959 Views
ZIMBABWE'S economy risks collapsing if the country prematurely re-introduces the local currency, Finance Minister Patrick Chinamasa has said.The country adopted a basket of multi-currencie...

by Staff reporter

IMF delegation jets into Zimbabwe

17 September 2014 | 1682 Views
An International Monetary Fund (IMF) delegation has arrived in Zimbabwe for a two week review of economic policies.The IMF team will hold meetings with government ministries, the Reserve Bank ...

by Staff reporter

Zimbabwe targets 1 million platinum ounces a year

17 September 2014 | 907 Views
The Zimbabwean government is targeting to reach 1 million ounces of platinum in the next few years as four concessions of platinum are expected to be operational in the next five years.The tar...

by Staff reporter

Mugabe seals and signs $3 billion platinum deal with Russia

16 September 2014 | 3280 Views
Russia and Zimbabwe signed Tuesday a $3bn deal to jointly mine platinum in the southern African country, the world's third largest producer, with Moscow providing the investment funds.The ...

by AFP

Zimbabwe, Russia sign mining equipment agreement

15 September 2014 | 1512 Views
Zimbabwe and Russia have signed a Memorandum of Understanding for the supply of mining equipment to the Southern African country.The signing took place during the Ministerial Segment of th...

by Staff reporter

ZFTU criticises fiscal policy review

13 September 2014 | 2016 Views
A labour representative body has called on the government to extensively consult before making key national decisions.Commenting on the recently announced Mid-Term Fiscal Policy Review stateme...

by Staff Reporter

Econet to partner Zimbabwe govt to improve economy

12 September 2014 | 3962 Views
Econet Zimbabwe is prepared to work with Government in stimulating economic revival through spearheading investments that develops infrastructure and creation of jobs. The company express...

by Staff reporter

Zimbabwe's external debt to hit $7.2 billion

12 September 2014 | 870 Views
Zimbabwe's external debt will hit $7, 2 billion by December this year, according to government projections. Chinamasa said in the midterm fiscal policy debt distress has continued to undermine...

by Staff reporter

Chinese insurer coming to Zimbabwe

12 September 2014 | 1914 Views
Officials from the Chinese export credit insurance agency, China Export and Credit Insurance Corporation (Sinosure) are expected in the country next week to finalise negotiations for lending to th...

by Staff reporter

Govt to offload $1,3 billion RBZ debt on taxpayers

12 September 2014 | 1651 Views
The government is working on modalities to make taxpayers fund the $1,35 billion debt raked up by the Reserve Bank of Zimbabwe during the hyper inflationary period of the Zim dollar era.Ev...

by Staff Reporter

Zimbabwe introduces 5% duty on airtime, 25% duty on mobile phone handsets

11 September 2014 | 8121 Views
Finance Minister Patrick Chinamasa has said that he will levy excise duty of 5% on air time for voice and data with effect from September 15. Chinamsa said customs duty at 25% on mobile hands...

by Staff reporter

Zimbabwe pays almost R2 billion to service Chinese loans

10 September 2014 | 2850 Views
Zimbabwe has spent $180m (about R2bn) in unbudgeted expenditure to service outstanding loans from China in an effort to improve relations and encourage new financial support, Finance Minister Patrick ...

by Reuters

Zimbabwe's economic competitiveness tumbles

08 September 2014 | 1274 Views
The country needs to move mountains to ensure that the local economy is globally competitive if the report released last week by World Economic Forum (WEF), which saw Zimbabwe's ranking dropping t...

by Staff reporter

Chinamasa clueless on industries revival

08 September 2014 | 1791 Views
Finance minister Patrick Chinamasa has revealed he is clueless on how to bring life to ailing Bulawayo industries having discovered that there is absolutely nothing remaining of what used to be an...

by Staff reporter

China to help Zimbabwe build economic zones

05 September 2014 | 3343 Views
Harare - China will help Zimbabwe build special economic zones and industrial parks to jump-start exports and a struggling economy, its ambassador to Harare said on Thursday as a Chinese firm starte...

by Staff Reporter

Zimbabwe toughens import measures

04 September 2014 | 6251 Views
Zimbabwe has widened the number of goods that require import licences for import into the country as government moves to protect local industry following an insurmountable proliferation of imports fr...

by Staff reporter

'Zimdollar return suicidal,' says RBZ boss

29 August 2014 | 5013 Views
Government should not reintroduce the Zimbabwe dollar as this amounts to economic suicide, central bank boss John Mangudya warned.In his maiden mid-term monetary policy statement presentation ...

by Taurai Mangudhla

RBZ rules out return of Zimdollar

27 August 2014 | 3732 Views
Zimbabwe will continue using multiple foreign currencies for the foreseeable future until production levels have increased, the central bank has said.This comes as various stakeholders in the ...

by Staff reporter

Zimbabwe to import special coins to ease shortages

26 August 2014 | 6058 Views
THE Reserve Bank of Zimbabwe (RBZ) said Monday it would import special coins with similar value to those currently circulating in the economy to ease a shortage of change in the economy.Zimbab...

by Staff Reporter I Agencies

Ditching US$ could spark unrest in Zimbabwe

25 August 2014 | 4190 Views
THE Bankers Association of Zimbabwe has urged the government to maintain the multi-currency regime warning that a premature return of the local currency could trigger an economic collapse and poss...

by Staff reporter

Zimbabwe mulls domestic processing industry

23 August 2014 | 1507 Views
Government should put an end to exports of raw materials as a first step in establishing domestic processing industries that will dramatically boost revenue from sales of finished products, hike t...

by Staff reporter

Zimbabwe to promote local assembly of vehicles

11 August 2014 | 5480 Views
ZIMBABWE is to push through a policy promoting the importation of knocked-down vehicle kits and impose higher tariffs on imported vehicles, which are shipped mostly through South Africa and Namibia....

by Tawanda Karombo

Zimbabwe plans could dent South Africa exports

11 August 2014 | 7502 Views
Plans by Zimbabwe to drive a policy promoting vehicle assembly through the importation of knocked-down kits and the imposition of higher tariffs on imported vehicles will significantly dent exports by...

by Roy Cokayne

'Sanctions are hurting Zimbabwe startups,' Obama told

06 August 2014 | 4386 Views
In a rare one-on-one stage interview he held with US president Barack Obama, Zimbabwean technology entrepreneur, Takunda Chingonzo, told Obama that the supposedly targeted sanctions against some polit...

by Staff reporter

Zimbabwe bread sales decline by half

06 August 2014 | 4343 Views
Bread sales have dropped by more than half from a maximum of 1.5 million loaves a day to 700 000 per day as a result of the liquidity crunch and high production costs. The Grain Millers As...

by Staff reporter

'Zimbabwe will soon run out of money,' says Bankers

05 August 2014 | 7215 Views
Bankers Association of Zimbabwe (Baz) has warned that Zimbabwe will soon run out of money to sustain imports.Joseph Mverecha, Agribank divisional director, speaking on behalf of Baz president...

by Staff reporter

Banks against Zimdollar return

03 August 2014 | 4044 Views
THE Bankers Association of Zimbabwe (BAZ) says it is imperative for Government to retain the multi-currency trading regime to maintain price stability as well as to strengthen the banking sector for o...

by Dumisani Nsingo

Zimbabwe diamond finances, US targets German bank

03 August 2014 | 2451 Views
The United States has placed a German financial institution under strict surveillance for clearing payments for Zimbabwe's diamonds at the recent Dubai diamond tender, state media reported Sunday....

by APA

Zimbabwe still has a lot of diamond reserves

03 August 2014 | 3242 Views
Manicaland Provincial Affairs minister Christopher Mushohwe says the country still has a lot of diamond reserves in Marange, quelling speculation the precious mineral was running out.Delegates...

by Staff reporter

ZimTrade to host Exporters' Conference and Awards

29 July 2014 | 1691 Views
ZimTrade will be hosting its Annual Exporters' Conference and Exporter of the Year Awards on 30 September 2014 at the Meikles Hotel, Harare.The 2014 Conference will be held under the theme: "C...

by Staff reporter

Govt won't stop Zimra tax raids

29 July 2014 | 2281 Views
Finance Minister Patrick Chinamasa said Zimra will continue issuing garnishee orders to companies that evade tax. He told Parliament last week that Zimra's mandate is tax collection and th...

by Staff reporter

Zimbabwe downgrades 2014 economic outlook

24 July 2014 | 1645 Views
The Zimbabwe government has halved it 2014 real GDP growth to 3.1 percent in line with other forecasts made by the World Bank and the IMF, from the 6.1 percent made during the 2014 national budget....

by Business reporter

Zimbabwe bans rough diamonds export

24 July 2014 | 1831 Views
CABINET on Tuesday directed Mines and Mining Development minister Walter Chidakwa to immediately stop the export of rough diamonds to ensure the country gets maximum value for its minerals.Chi...

by Staff reporter
Page:
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19

News Updates

Email:

Latest News

No meaningful devolution without fiscal autonomy - The ZAPU devolution...

by Themba Mthethwa | 24 October 2014 | 192 Views

Open letter to Grace Mugabe - I AM sure you don't know me at all, bei...

by GP Ndlovu | 24 October 2014 | 4318 Views

Eziko Theatre Laboratory - WhatsApp update

by Byo Residents | 24 October 2014 | 1489 Views

'Mujuru's US ties behind fallout with Mugabe' - VICE-PRESIDENT Joice M...

by Staff reporter | 24 October 2014 | 6363 Views

Maid steals from dead employer - A MAID who had an affair with her la...

by Thubelihle Mabhena | 24 October 2014 | 4105 Views

'Joice Mujuru is corrupt and incompetent,' says Grace Mugabe - The Fir...

by Farirai Machivenyika and Felex Share | 24 October 2014 | 2733 Views

Makoni, leave Grace Mugabe alone - The First Lady is a natural pick by...

by Suitable Kajau | 24 October 2014 | 3962 Views

Man rapes donkey - A Tsholotsho teenager was arrested by after village...

by Staff Reporter | 24 October 2014 | 2745 Views

Prisoner admits to sodomising inmate - A 31 year old inmate at Khami M...

by Staff reporter | 24 October 2014 | 3211 Views

Sangoma (72) rapes minor - A 72 year old traditional healer allegedly ...

by Staff reporter | 24 October 2014 | 2529 Views

Tsvangirai faces eviction from Highlands' mansion - MDC-T leader Morga...

by Staff reporter | 24 October 2014 | 5748 Views

MDC factions headed for a clash - The two MDC formations that currentl...

by Staff reporter | 24 October 2014 | 2866 Views

'Mujuru's political future in Mugabe's hands' - Vice-President Joice M...

by Staff reporter | 24 October 2014 | 5046 Views

Grace Mugabe admits elevating Mujuru - First Lady Grace Mugabe yesterd...

by Staff reporter | 24 October 2014 | 2714 Views

Mugabe refuses to ditch Parly colonial bling - President Robert Mugabe...

by Staff reporter | 24 October 2014 | 2713 Views

Karikoga Kaseke sabotages Dr Grace Mugabe rally - Zimbabwe Tourism Aut...

by Staff reporter | 24 October 2014 | 4030 Views

Mujuru hit by phony cyber campaign - The Zanu-PF propaganda wars and m...

by Staff reporter | 24 October 2014 | 3844 Views

Zanu-PF's team Gamatox vs Team Zvipfukuto - Line-ups - As President R...

by Staff reporter | 24 October 2014 | 5659 Views

Robert Mugabe faces internal revolt - PRESIDENT Robert Mugabe is facin...

by Staff reporter | 24 October 2014 | 4457 Views

Grace Mugabe's War Vets speech - Video - https://www.youtube.com/wat...

by Staff Reporter | 24 October 2014 | 2543 Views

Victory and Going to Top Gears - Itai Dzamara - Victory and Going to T...

by Itai Dzamara | 24 October 2014 | 2484 Views

I salute you Cde Grace! - Dear Editor, I salute you cde Grace!I would ...

by Denford Madenyika (Denny) | 24 October 2014 | 3687 Views

Man in court for stealing friend's salary - A 26-year-old man stole hi...

by Staff Reporter | 24 October 2014 | 2612 Views

What did Grace Mugabe say to the War Vets? Word for word speech

by Staff Reporter | 24 October 2014 | 4984 Views

Mphoko distanced himself from land wrangle - ZIMBABWE'S former ambassa...

by Mashudu Netsianda | 24 October 2014 | 1548 Views

Crunch Zanu-PF Politburo meeting on today - THE crunch Zanu-PF Politbu...

by Staff reporter | 24 October 2014 | 2683 Views

EU hints on scrapping of sanctions against Zimbabwe - New British Amba...

by Lloyd Gumbo | 24 October 2014 | 1868 Views

'Mujuru owns 10% of Daily News,' says Grace Mugabe

by Staff reporter | 24 October 2014 | 3953 Views

Zanu-PF headed for a split - ZANU-PF could be on the verge of a split ...

by Elias Mambo | 24 October 2014 | 4625 Views

Entertainment

Carl Joshua Ncube to star in game show - Comedian Carl Joshua Ncube wi...

by Staff reporter | 23 October 2014 | 796 Views

LadyBee Anondida - Official video

by Staff Reporter | 23 October 2014 | 1946 Views

Zim representative in the Big Brother Africa survives eviction - Zimba...

by Staff reporter | 20 October 2014 | 2810 Views

Grace Mugabe's political comedy takes ZTV hostage - For the past two w...

by Staff reporter | 20 October 2014 | 5205 Views

Oliver Mtukudzi to deliver lecture at Musica 2014 - Zimbabwe's interna...

by Staff reporter | 19 October 2014 | 1554 Views

Gezha maoko - Ladybee (Official Video)

by Staff Reporter | 19 October 2014 | 2710 Views

Matebeleland Music & Arts Festival - Sivala umnyaka ngengoma lapho sit...

by Staff Reporter | 17 October 2014 | 1801 Views

Obediah Matulana releases Christmas DVD - Bulawayo-based musician Obed...

by Staff reporter | 16 October 2014 | 2098 Views
iBlog

Top 10 Causes Of Vaginal Bleeding After Intercourse

bleeding after sex can be rather alarming, and there could be many reasons why a woman would bleed after sex. though most women bleed after their first time having sex, if bleeding becomes frequent, there may be an underlying issue. below are the 1... Read More
adoniadennis 02 May 2014 ago

Four In 10 Americans Face Regular Online Fraud Attacks

Microsoft offers four primary tips to help protect users from identity theft:• be selfish and defensive with personal information by not sharing sensitive details in emails, and instant and text messages• create, use and keep secret so-called “... Read More
SecNews 9 hours ago ago