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RBZ issues new Exchange Control Directive - Full-text
Reference is made to the Press Statement issued by the Governor on 20 May 2019 on the payment arrangements for fuel through the interbank foreign exchange market and the drawing down of US$500 million...Published: 31 mins ago | 269 | by RBZ
Zanu-PF and the football connection
The Zimbabwe senior national team will represent the nation at Africa,s greatest soccer showpiece in Egypt in 2019, which is no mean achievement for the team .The team made it despite numerous challen...Published: 2 hrs ago | 411 | by AT Kadada
'Hello Congress delegates! May I deeply kiss your conscience?'
Naturally, pangs of conscience should mercilessly prick and pound every normal MDC 5th Congress delegate who is likely to misguidedly cast any stray vote in shameless defiance of the party founding pr...Published: 2 hrs ago | 731 | by Nhlanhla Moses
Devolution confusion - marginalised communities lose out
Concern has arisen amongst some marginalised rural communities in Southern Zimbabwe about the slow implementation of the devolution process and how it was rushed to line up the pockets of a few ruling...Published: 2 hrs ago | 107 | by MakhoPrecious Moyo
Chiwenga, Zimbabwe army to boot out Mnangagwa through 'operation restore economy'
COLOGNE/HARARE– Combative Vice President, Rtd General Constantino Chiwenga, and a hardline military faction backing his political doctrine and ambitions, are reportedly on the verge of booting Presi...Published: 3 hrs ago | 3975 | by Itai Mushekwe/Mary-Kate Kahari
Chigwedere seeks son's incarceration
Former Education minister Aeneas Chigwedere has approached the High Court, seeking a 30-day jail term against his son, Mangwiza, in order to compel him to undergo paternity tests as the witchcraft sag...Published: 3 hrs ago | 860 | by Staff reporter
'ZBC losing $220 million annually'
Only 10% of the country''s population is paying for television and radio licences, resulting in the Zimbabwe Broadcasting Corporation (ZBC) losing $220 million potential revenue annually, Parliament h...Published: 3 hrs ago | 361 | by Staff reporter
MDC congress: Redefining the people's agenda
This weekend the MDC will hold its elective congress in Gweru, Midlands province, under the theme Defining a new course for Zimbabwe. This is the 5th congress we are holding since February 1999, when ...Published: 3 hrs ago | 421 | by Tendai Biti
Monetary policy unlikely to resuscitate Zimbabwe economy
ZIMBABWE'S new monetary system is unlikely to lead to a rapid improvement in liquidity - thus economic growth - in the short to medium-term, a report has revealed.In its monetary policy statem...Published: 3 hrs ago | 339 | by Staff reporter
White Zimbabwean farmer 'resists' to make way for Mnangagwa ally's son
CHIPINGE farmer and retired Swiss banker, Richard Le Vieux, who has established a reputable business of exporting coffee, avocados and macadamia nuts for the past 30 years, appeared in court on Wednes...Published: 3 hrs ago | 971 | by Staff reporter
Mnangagwa's 'Open for business' mantra collapses
THE surprise move by major gold producer Metallon Corporation to sue the government over its failure to pay for gold deliveries commensurately has brought into sharp focus the country's continued fore...Published: 3 hrs ago | 283 | by Staff reporter
'Mining sector to reap from liberalised inter-bank rates'
ZIMBABWE'S economic crisis continues to deepen, with no signs of recovery in the short to medium term. This has had a devastating impact on industry, resulting in the closure of companies and massive ...Published: 3 hrs ago | 94 | by Staff reporter
Mthuli Ncube is not a Professor for nothing
"Be careful what you wish for," is an English expression used to tell people to think before they say they want something and to suggest that they may not actually want it. There may be unforeseen and...Published: 4 hrs ago | 1421 | by Conway Tutani
RBZ warns banks over forex abuse
The Reserve Bank of Zimbabwe (RBZ) has warned it will take punitive action against banks flouting exchange control regulations after noting rampant abuse of nostro (domestic) foreign currency accounts...Published: 4 hrs ago | 846 | by Staff reporter
Dabengwa: Struggle stalwart, war strategist, epitome of unity
he death of liberation struggle stalwart Dumiso Dabengwa after battling with a liver disease has robbed the country of a distinguished military strategist and leader who shaped and influenced the 16-y...Published: 4 hrs ago | 381 | by Sifelani Tsiko
Chamisa's MDC paints Gweru red
GWERU lodges and hotels are fully booked ahead of the MDC elective congress this week to decide the party's leadership.The City of Progress, as Gweru likes to call itself, will host 6 200 MDC ...Published: 15 hrs ago | 1752 | by Staff reporter
Zimbabwean woman caught in R2 million drug bust
A 38-year-old Zimbabwean woman who was arrested by South African police last week in connection with the smuggling of drugs worth R2 million into that country via Beitbridge Border Post has been denie...Published: 17 hrs ago | 2108 | by Staff reporter
State of Cyber laws in Zimbabwe and what needs to be done Now!!!
Cybercrimes are a growing concern for governments and nations, Zimbabwean government has been pushing for universal access of the Internet, encouraged the use of social media and is pushing for the us...Published: 18 hrs ago | 308 | by Jacob Kudzayi Mutisi
Rest In Splendid Peace, True Son of Zimbabwean Soil
Rest In Splendid Peace, True Son of Zimbabwean Soil, Dr Dumiso Dabengwa...Published: 20 hrs ago | 3278 | by Ryton Dzimiri
Patrick Zhuwawo mocks Mnangagwa's government
Former cabinet minister Patrick Zhuwawo has posted a meme of former President Robert Mugabe on Twitter laughing at President Emmerson Mnangagwa's new dispensation.Zhuwawo was commenting on a p...Published: 23 May 2019 at 10:18hrs | 7896 | by Mandla Ndlovu
Zimbabwe's outlook not rosy, says Fitch
The macro-research unit of global rating agency, Fitch Solutions, says Zimbabwe's new monetary system is unlikely to lead to a rapid improvement in liquidity, adding that the country's challenges will...Published: 23 May 2019 at 06:46hrs | 1537 | by Staff reporter
Headmen in soup for inviting tsikamutandas
Murewa's Chief Mangwende has descended on his headmen after they invited witch-hunters who allegedly ripped off villagers, taking their cattle and other valuables on the pretext of cleansing their hom...Published: 23 May 2019 at 06:46hrs | 1386 | by Staff reporter
Ginimbi's passport temporarily released
SOCIALITE and businessman Genius Kadungure, popularly known as Ginimbi, who is on remand over fraud, tax evasion and money-laundering charges involving over $3,5 million, was yesterday granted a repri...Published: 23 May 2019 at 06:45hrs | 615 | by Staff reporter
Court freezes car dealer's bank account
High Court judge Justice Sylvia Chirawu-Mugomba has frozen the bank account of car dealer Farai Chiwashira following an application by the National Prosecuting Authority (NPA) which is seeking answers...Published: 23 May 2019 at 06:44hrs | 1679 | by Staff reporter
Zimbabwe Women's seven's side coach steps down
Zimbabwe Rugby Union (ZRU) would like to announce that Abigail Kawonza has stepped down from her national team coaching position in pursuit of other top portfolios she holds with the ZRU and World Rug...Published: 22 May 2019 at 20:23hrs | 351 | by Staff reporter
BREAKING: Cyril Ramaphosa elected President of South Africa
Matamela Cyril Ramaphosa was elected unopposed by South African lawmakers on Wednesday Ramaphosa as the nation's president, two weeks after the ruling ANC party returned to power in legislative electi...Published: 22 May 2019 at 16:08hrs | 2341 | by Mandla Ndlovu
Parly to undertake public consultations on review of Water Act
After Community Water Alliance (CWA) hearing before the Parliamentary Portfolio Committee on Lands, Agriculture, Water, Climate and Rural Resettlement yesterday 21/05/2019, the Committee informed CWA ...Published: 22 May 2019 at 15:35hrs | 248 | by Community Water Alliance
Chamisa reaches half a million mark
Movement for Democratic Change leader Nelson Chamisa's popularity is fast growing on social media, ZimTechReview reported....Published: 22 May 2019 at 15:15hrs | 4194 | by Staff reporter
Nelson Chamisa rallies Zimbabweans
MDC leader Nelson Chamisa has called upon Zimbabweans to unite and and exercise maturity so that Zimbabwe can develop."Great nations are built strong on the pillars of unity upon singlen...Published: 22 May 2019 at 13:38hrs | 9051 | by Mandla Ndlovu
'Release regime change suspects!' Zimbabwe Communist Party demands
The arrest of four people; Tatenda Mombeyarara, George Makoni, Gamuchirai Mukura, and Frank Mphalo upon arrival at the Harare International Airport on Monday 20th April 2019 is clearly an attack on th...Published: 22 May 2019 at 11:15hrs | 2245 | by ZCP
Feja Feja policies render thousands stranded in the CBD
The MDC is concerned with how the transport situation has deteriorated over the past few days due to Zanu PF's incompetency, inconsistency and inability to make the right decisions.A country r...Published: 22 May 2019 at 11:10hrs | 3622 | by Jacob Mafume
Mnangagwa has little to show for $27bn
When Emmerson Mnangagwa took over the leadership of Zimbabwe from Robert Mugabe in November 2017, he promised to revive the moribund economy and adopted a mantra he's repeated regularly ever since —...Published: 22 May 2019 at 10:44hrs | 3694 | by Bloomberg
Zupco will work, commuters call for timetable adjustments
COMMUTERS have called on ZUPCO to adjust timetables to cater for all workers as well as also expand on areas covered.Currently, the Zupco buses operate between 5am and 7pm, which affects those...Published: 22 May 2019 at 10:36hrs | 3026 | by Staff reporter
Fortune Chasi assures Zimbabweans on fuel
The new Minister of Energy and Power Development Advocate Fortune Chasi has assured Zimbabweans that he will put together a board that will make sure there is no fuel shortage.Chasi was speaki...Published: 22 May 2019 at 09:54hrs | 5317 | by Mandla Ndlovu
Chamisa blames Mnangagwa for fuel hikes
Government failure and inaction has become an increasingly common aspect of our political system, whether it is due to political polarisation or through poor planning, which characterised the slow imp...Published: 22 May 2019 at 07:41hrs | 7935 | by Dr Masimba Mavaza
Zanu-PF rivals call for dialogue
Opposition political parties have renewed their appeal for inclusive national dialogue in the wake of the worsening economic crisis, with Nelson Chamisa's MDC party warning of calamitous demonstration...Published: 22 May 2019 at 07:01hrs | 3302 | by Staff reporter
Zimbabwe Warriors' double blow
THE Warriors' preparations for the 2019 African Cup of Nations (Afcon) finals to be staged in Egypt next month have been dealt a blow after Angola withdrew from the regional Cosafa tournament at the l...Published: 22 May 2019 at 06:21hrs | 4295 | by Staff reporter
Mangudya's RBZ in trouble over US$27,5m debt
London-based grain and fertiliser exporter, Holbud Limited, has approached the High Court seeking a court order to register a US$27,5 million arbitral award granted against the Reserve Bank of Zimbabw...Published: 22 May 2019 at 06:16hrs | 1196 | by Staff reporter
Kombi operators shut down Bulawayo
Public transporters in Bulawayo have withdrawn kombis from the road in protests against fuel price hikes and what they termed unfair competition from gove...Published: 22 May 2019 at 05:55hrs | 15697 | by Methusi Ncube
Chamisa's NEC upholds Bulawayo appeals
The Movement for Democratic Change National Executive Committee ( MDC NEC) on Monday 20 May 2019, upheld the appeals against Bulawayo and Mashonaland Central provincial congresses. In a ruling...Published: 22 May 2019 at 00:29hrs | 1977 | by Ndou Paul
Duty on fuel reduced by half
Government has reduced duty on diesel and petrol to cushion consumers from the effects of the latest round of fuel price increases, an official in the Ministry of Finance and Economic Development has ...Published: 21 May 2019 at 23:21hrs | 983 | by Staff reporter
RBZ to continue with confidence building measures
The Reserve Bank of Zimbabwe (RBZ) says it will continue to pursue confidence building measures and is optimistic the recently secured US$500 million interbank facility will go a long way in stabilisi...Published: 21 May 2019 at 21:12hrs | 981 | by Staff reporter
Fresh protests loom in Zimbabwe
Zimbabwe is now at risk of fresh protests after the cash-strapped government on Monday night unexpectedly announced that it had cancelled fuel subsidies for imports.Caught in a debilitating en...Published: 21 May 2019 at 18:10hrs | 4838 | by ANA
Trevor Ncube blames Zimbabweans for fuel price increase
Presidential Advisory Council member Trevor Ncube has blamed ordinary Zimbabweans for the step taken by the central bank to liberalise the price of fuel by removing the 1:1 exchange rate. The ...Published: 21 May 2019 at 18:04hrs | 8379 | by Mandla Ndlovu
After denials, ZERA hikes fuel price
The Zimbabwe Energy Regulatory Authority (ZERA) has effected fuel price adjustments from this Tuesday in light of the new measures taken by the Reserve Bank of Zimbabwe (RBZ) on fuel procurement based...Published: 21 May 2019 at 16:29hrs | 1686 | by Staff reporter
Seven things to consider when transacting in Africa
1. Accept the uncertainty and gather knowledgeInvestors in Africa must consider geo-political and economic uncertainty on the continent as well as a ple...Published: 21 May 2019 at 16:26hrs | 564 | by Morne van der Merwe, Managing Partner, and Wildu du Plessis, Head of Africa at global law firm Baker McKenzie in Johannesburg
Mphoko's nemesis suspended by Choppies Board
The board of grocery retailer Choppies has suspended its CEO Ramachandran Ottapathu, the man who revealed that former Vice-President Phelekezela Mphoko's family were given 51% of the shareholding "on ...Published: 21 May 2019 at 16:12hrs | 2074 | by Staff reporter
Arrest of regime change suspects condemned
Heal Zimbabwe condemns the unwarranted arrest of Civil Society Organization(CSOs) members Tatenda Mombeyarara (Citizens Manifesto),George Makoni (Centre for Community Development in Zimbabwe) Frank Mp...Published: 21 May 2019 at 14:11hrs | 2202 | by Heal Zimbabwe
Confusion as price of fuel rises for the 5 next days
Massive confusion has struck the users of fuel after a new letter from Zimbabwe Energy Regulatory Authority has surfaced online announcing the new prices of fuel at RTGS$4.89 for diesel and RTGS$4.97 ...Published: 21 May 2019 at 11:05hrs | 6696 | by Mandla Ndlovu
Government throws dinner for Netball team
The Ministry of Youth, Sport, Arts and Recreation in partnership with netball stakeholders will be hosting a Fundraising Dinner for the senior netball team on Tuesday at 1800Hrs.The dinn...Published: 21 May 2019 at 09:10hrs | 945 | by Mandla Ndlovu
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