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Mr Kudzai Mutisi, the German 'Economic wonder' after the WW2 had multiple favourable factors!
I am writing this article as a reply to your article you wrote last week: My article is not in any way or form critiquing your own but including factors that must be known, but, however, adding to wha...Published: 20 Mar 2024 at 20:53hrs | 426 | by Nomazulu Thata
Why US sanctions on Zimbabwe 'have not worked'
The United States is a global superpower. Its political and economic reach is massive and global in character. Look back in history and you can see how the US has so often made real changes to the wor...Published: 19 Mar 2024 at 19:54hrs | 313 | by Eddie Cross
Zimbabwe ranked 3rd happiest country in Africa
The world is dealing with a ton of issues, from high living costs to pandemics, droughts, and economic messes, and finding happiness has become a major goal for countries globally and in Africa....Published: 13 Mar 2024 at 06:47hrs | 1992 | by Staff reporter
Mnangagwa's Mutapa fund plots parastatals shake-up
The MUTAPA Investment Fund (MIF), previously criticized as a conduit for elite enrichment, has declared its commitment to establishing robust governance frameworks aimed at reining in reluctant State ...Published: 11 Mar 2024 at 04:57hrs | 1034 | by Staff reporter
Zimbabwe unstoppable, says Mnangagwa
Despite the albatross of illegal, unjust, and baneful economic sanctions, Zimbabwe will continue marching on the path towards upper-middle-class economic status by 2030 with every Zimbabwean having a ...Published: 09 Mar 2024 at 09:13hrs | 192 | by Staff reporter
Mnangagwa says US partial sanctions removal on Zimbabwe is nonsense
THE recent partial removal of sanctions on Zimbabwe by the United States of America is "nonsense" and can only become meaningful if these illegal sanctions are removed in totality, President Mnangagwa...Published: 08 Mar 2024 at 05:07hrs | 229 | by Staff reporter
Mnangagwa regime doing the work of US sanctions in Zimbabwe!
My own views on this sanctions issue have always been that we needed to prove these measures were the cause of our suffering. I have never denied that there have been targeted sanctions impose...Published: 06 Mar 2024 at 23:01hrs | 404 | by Tendai Ruben Mbofana
Lake Mutirikwi hydro power plant nears completion
THE US$14,6 million hydro power plant that has a rated output of five megawatts of electricity that will be added to the national grid is now 70 percent complete and is expected to be commissioned in ...Published: 03 Mar 2024 at 08:45hrs | 274 | by Staff reporter
Mnangagwa's upper middle-income economy is not achievable!
For the past six years, the Zimbabwe government has made enormous noise over its 'upper middle-income economy' vision. The country is supposed to attain this dream by the year 2030.The...Published: 27 Feb 2024 at 21:40hrs | 607 | by Tendai Ruben Mbofana
Zimbabwe govt's proposed new currency reforms doomed
THE recently proposed currency changes, intended to underpin the Zimbabwe dollar with assets, will come to nought, given that country lacks sufficient reserves to support the local unit, an independen...Published: 25 Feb 2024 at 09:27hrs | 2431 | by Staff reporter
Zimbabwe suffers US$6,8 billion trade gap
ZIMBABWE has operated in negative trade deficit of US$6,8 billion for the last four years, a trend which is unsustainable in the long run according to Buy Zimbabwe, a campaign outfit that advoca...Published: 25 Feb 2024 at 07:21hrs | 278 | by Staff reporter
Bulawayo set for major transformation
BULAWAYO is experiencing a renaissance as investor interest is surging, reindustrialisation efforts taking root and multi-million dollar projects underway, signalling a promising future for the city....Published: 18 Feb 2024 at 09:00hrs | 314 | by Staff reporter
IMF wants Zimbabwe central bank to dump monetary policies
THE International Monetary Fund (IMF) has advised government to cut the Reserve Bank of Zimbabwe's (RBZ) role in crafting monetary policies to just its core functions, after the local currency depreci...Published: 15 Feb 2024 at 10:07hrs | 424 | by Staff reporter
'23 years of sanctions embolden Zimbabwe'
ZIMBABWE'S story is that of resilience, innovation, people-centred policies and the undying resolve to defeat illegal Western sanctions that have continued to pound the country for over 23 years....Published: 14 Feb 2024 at 04:39hrs | 167 | by Staff reporter
Zimbabwe's economy grew faster than South Africa's since the ANC took over
President Cyril Ramaphosa's claims about South Africa's economic growth during his 2024 State of the Nation Address (SONA) hid the truth about how badly the country is really performing.In his...Published: 12 Feb 2024 at 15:13hrs | 1131 | by Daily Investor
Zanu-PF MPs shower praises on Mnangagwa
Zanu-PF legislators have been praising President Emmerson Mnangagwa's State of the Nation Address (Sona), which painted a rosy picture of the country's fortunes despite the deteriorating socio-economi...Published: 12 Feb 2024 at 13:54hrs | 186 | by Staff reporter
Britain shifts its policy towards Zimbabwe
The recent engagement of the British government with the Zimbabwean government, after more than two decades of imposing sanctions, reflects a pragmatic shift in diplomatic strategy. While the decision...Published: 26 Jan 2024 at 10:15hrs | 1607 | by Mukachana Hanya
Zanu-PF intensifies by-elections campaign
Zanu-PF has intensified its campaign for the Mkoba North constituency in Gweru and Kwekwe's Ward 10 council seat ahead of the February 3 by-elections.Teams have been deployed in the areas wher...Published: 25 Jan 2024 at 04:15hrs | 103 | by Staff reporter
IOM launches first Global appeal for US$7.9billion
The International Organization for Migration (IOM) has launched its first ever Global Annual Appeal for 2024, calling for USD 7.9 billion to support its operations and help create a system that realiz...Published: 22 Jan 2024 at 15:19hrs | 203 | by Stephen Jakes
Zimbabwe now has a system that works
ALL signs point to the undeniable fact that 2024 will indeed be a great year. So far so good. Amid all the political noise, the Zanu-PF-led Government is not stopping. We are f...Published: 21 Jan 2024 at 07:26hrs | 235 | by Dr Obert Mpofu
Mangudya says Zimdollar turmoil temporary
As Zimbabwe's parallel market reels under the strain of a currency crisis, central bank governor, John Mangudya, assures the public that this turmoil is merely passing.This grey market, operat...Published: 18 Jan 2024 at 17:55hrs | 1237 | by Staff reporter
Chrome smelter to establish 300MW power plant
GWERU-BASED chrome smelting company, Jin Yi Enterprises is set to establish a 300MW solar and thermal duel power station to generate power for its operations and channel excess electricity to the nati...Published: 15 Jan 2024 at 05:22hrs | 477 | by Staff reporter
Zimbabweans in last minute Christmas shopping
Errant bus crews and rogue operators yesterday took advantage of the high demand for passenger transport to illegally double fares as thousands of people around the country did last minute shopping ah...Published: 25 Dec 2023 at 09:29hrs | 45 | by Staff reporter
Zimbabwe mines need a web presence
Zimbabwe has only just over ten mines and mining companies with an online presence. Mines with a web presence include ZimPlats, Caledonia Mining Corporation, A and F Avalon Gold Mine, Renco Gold Mine,...Published: 24 Dec 2023 at 09:57hrs | 149 | by Jacob Kudzayi Mutisi
'Zimbabwe economic data questionable'
A team of technical experts from the International Monetary Fund (IMF) this week called into question the authenticity of economic data compiled by the Zimbabwe National Statistics Agency (Zimstat), r...Published: 22 Dec 2023 at 18:14hrs | 133 | by Staff reporter
Power cuts costing Zimbabwe US$1,2 billion
THE World Bank has urged the government to address the country's energy deficit after estimating that power cuts are costing the economy at least US$1,27 billion annually.In its fourth Zimbabw...Published: 14 Dec 2023 at 12:37hrs | 754 | by Staff reporter
Mnangagwa ruined Zanu-PF business empire
THE predictable appointment of FBC Holdings chief executive John Mushayavanhu as the incoming Reserve Bank of Zimbabwe (RBZ) governor has completed President Emmerson Mnangagwa's critical post-electio...Published: 12 Dec 2023 at 18:00hrs | 3754 | by Staff reporter
Indigenous churches should own properties
The Saint John Apostolic Church of the Whole World's Projects Director, Mr Francis Mugandani urged indigenous churches to own properties and become self-reliant, fully empowered and realise developmen...Published: 11 Dec 2023 at 14:08hrs | 646 | by Simbarashe Sithole/Gideon Madzikatidze
We've gas in Zimbabwe, so what?
So, it has finally been confirmed!Zimbabwe has significant reserves of natural gas!This was announced by a clearly excited mines and mining development minister Zhemu Soda at a media b...Published: 07 Dec 2023 at 15:03hrs | 991 | by Tendai Ruben Mbofana
Retailers want zero VAT restored on basics
THE Confederation of Zimbabwe Retailers has called on Finance, Economic Development and Investment Promotion Minister Mthuli Ncube to reverse proposals to introduce Value Added Tax on a small range of...Published: 06 Dec 2023 at 05:04hrs | 288 | by Staff reporter
CSO hails Bikita minerals beneficiation to communities
BIKITA - President Emmerson Mnangagwa commissioned petalite and spodumene processing plants at Bikita Minerals that are valued at US$ 300 million on November 29 2023.The giant processing plant...Published: 05 Dec 2023 at 09:09hrs | 388 | by Stephen Jakes
Chamisa's CCC borrows poor language from Nerves Mumba
IN A WHAT COMES ACROSS AS A POOR CASE OF BORROWING poor language from Nerves Mumba's controversial Sadc Electoral Observation Mission on Zimbabwe's 2023 harmonised general election, Nelson Chamisa's C...Published: 03 Dec 2023 at 18:23hrs | 405 | by Jonathan Moyo
Mthuli Ncube's budget has strong traits of capitalism
THE Zimbabwe Congress of Trade Unions (ZCTU) has slammed the just passed 2024 National Budget describing it as largely anti-welfare.This follows the tabling of a ZW$58,2 trillion National Budg...Published: 02 Dec 2023 at 05:45hrs | 473 | by Staff reporter
Mthuli Ncube squeezes everyone
GOVERNMENT yesterday announced a cocktail of tax increases, pushing up the cost of living and ease of doing business after reviewing its 2024 revenue projection upwards by 22,22% to ZWL$53,9 trillion....Published: 02 Dec 2023 at 05:42hrs | 416 | by Staff reporter
Zimbabwe's an anti-poor budget
Finance, Economic Development and Investment Promotion minister Mthuli Ncube yesterday presented the ZWL$58,2 trillion 2024 national budget.According to the Treasury chief, the economy is proj...Published: 01 Dec 2023 at 04:55hrs | 263 | by Staff reporter
Mthuli Ncube increases toll fees by 150% in US$ terms
Due to limited resources, Finance and Investment Promotion Minister, Mthuli Ncube, has presented a 2024 National Budget totaling ZWL58.2 trillion, implementing deep tax measures to address financial c...Published: 30 Nov 2023 at 20:08hrs | 916 | by Staff reporter
844 bus drivers arrested for speeding
BUS drivers are now being routinely fined for speeding as the police applaud the Zimbabwe Public Transport Organisation (ZPTO) for their support in implementing the innovative speed tracking system wh...Published: 30 Nov 2023 at 06:52hrs | 375 | by Staff reporter
UK based World Economics says Zimbabwe's economic data unusable
UNITED KINGDOM-BASED economic researcher, World Economics, has rated the country's official gross domestic product (GDP) and population data as "unusable", a week after State media applauded the UK-ba...Published: 29 Nov 2023 at 12:32hrs | 675 | by Staff reporter
Commonwealth readmission a must for Zimbabwe
WE reported yesterday that Britain is pushing for Zimbabwe's readmission to the Commonwealth.President Emmerson Mnangagwa has been pushing for Zimbabwe's readmission to the club of nations und...Published: 28 Nov 2023 at 05:20hrs | 363 | by Staff reporter
'Zimbabwe risks losing out on AI prospects'
ZIMBABWE and Africa, in general, stand to lose out on the potential US$7 trillion in additional gross domestic product (GDP) that artificial intelligence (AI) could brings to the world economy if they...Published: 27 Nov 2023 at 04:55hrs | 338 | by Staff reporter
Mutambara speaks on AI opportunities for Zimbabwe
Zimbabwe and other African countries risk losing out on the potential US$7 trillion that artificial intelligence (AI) could bring to the world economy if they are unable to optimise the productivity o...Published: 26 Nov 2023 at 08:24hrs | 251 | by Staff reporter
Mthuli Ncube's budget dilemma
DON'T tell me what you value, show me your budget and I'll tell you what you value:" Joe Biden.Ordinarily, Finance minister Mthuli Ncube should have presented the ZWL$47,8 trillion 2024 nation...Published: 25 Nov 2023 at 07:59hrs | 508 | by Paidamoyo Muzulu
Mnangagwa tells ambassadors to defend the county's policies
PRESIDENT Emmerson Mnangagwa has told Zimbabwean diplomats to defend the county's policies and push the Vision 2030 agenda through building strong alliances at bilateral and multilateral levels....Published: 09 Nov 2023 at 05:59hrs | 424 | by Staff reporter
Is a recession still likely at the end of 2023?
The cost of living crisis has been on everyone's lips for what seems like years now. There’s often talk of it turning into a recession, although so far, most countries have avoided ...Published: 08 Nov 2023 at 14:17hrs | 368 | by Staff reporter
Wildlife economy crucial for economic development - Govt
The Zimbabwean government has reiterated the complementary need for communities to develop and invest in the wildlife sector to realise economic growth through value addition, despite some multiple ch...Published: 08 Nov 2023 at 09:35hrs | 635 | by Gideon Madzikatidze/Simbarashe Sithole
Can we honestly say someone in ICU is 'doing very well'?
So, finance minister Mthuli Ncube actually believes Zimbabwe's economy is 'doing very well'!Wow!Talk about delusional thinking!Or, perhaps it is just someone who is deliberatel...Published: 03 Nov 2023 at 17:56hrs | 577 | by Tendai Ruben Mbofana
Mineral revenue slumps 29%
In the first half of this year, Zimbabwe's mineral revenue experienced a 29% decline, amounting to US$2.6 billion, owing to several challenges, including falling commodity prices, foreign currency sho...Published: 03 Nov 2023 at 05:44hrs | 64 | by Staff reporter
IMF implores Zimbabwe to pace up forex reforms
The International Monetary Fund (IMF) has recommended that Zimbabwe expedite its foreign exchange market reforms by introducing more flexibility into the official exchange rate through market-driven p...Published: 27 Oct 2023 at 06:16hrs | 98 | by Staff reporter
Sanctions have cost Zimbabwe US$150 billion
In the past 22 years, Zimbabwe has incurred a loss of over US$150 billion in potential revenue, opportunities, donor support, and loans due to the illegal sanctions imposed by the United States of Ame...Published: 26 Oct 2023 at 06:31hrs | 66 | by Staff reporter
Zimbabwe GDP to grow by 4,8%
The International Monetary Fund (IMF) has reported that Zimbabwe's real gross domestic product is expected to grow by approximately 4.8 percent in the current year, driven primarily by robust performa...Published: 26 Oct 2023 at 06:26hrs | 59 | by Staff reporter
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