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MDC to release audited financial statements
The opposition Movement for Democratic Change has announced that the party will be publishing edited financial statements in 2020. In a statement on Tuesday the Secretary General Charlton Hwen...Published: 4 hrs ago | 206 | by Mandla Ndlovu
ZESA's corruption & incompetence an unwarranted burden on Zimbabweans - need for urgent accountability
As I write this article, we are just seated, or milling around, incapable of engaging in any meaningful productive work. Why? Because there is no electricity - which, we desperately need for our effec...Published: 8 hrs ago | 610 | by Tendai Ruben Mbofana
Long queues as Zimbabwe releases new bank notes, coins
New bank notes and coins finally hit the streets of Zimbabwe on Tuesday after a false start the day before, with depositors forming long queues at banks and ATMs. The new notes are part of Pre...Published: 13 hrs ago | 3117 | by Staff reporter
Zimbabweans to withdraw US$14 a week
Zimbabweans will be limited to withdraw a maximum of ZWL$300 (US$14) a week the State owned Sunday Mail has revealed. The paper said bank account holders should be able to start accessin...Published: 17 hrs ago | 4309 | by Mandla Ndlovu
NSSA rot sucks in another minister
FORMER Public Service minister Sekai Nzenza allegedly ordered State pension manager, National Social Security Authority (NSSA) to pay $1,8 million to a group of local experts she handpicked to unpack ...Published: 18 hrs ago | 3773 | by Staff reporter
Biti fumes as Sakunda Holdings boss dodges parly hearing
Command Agriculture benefactor, Sakunda Holdings, yesterday snubbed grilling by the Tendai Biti-chaired Parliamentary Public Accounts Committee (PAC) over allegations that the company received over US...Published: 18 hrs ago | 1064 | by Staff reporter
RBZ seeks to raise $300m through TBs
GOVERNMENT is seeking to raise another $300 million through Treasury Bills (TBs) to finance its programmes, a month after issuing a sovereign paper with the same amount.In a statement yesterda...Published: 18 hrs ago | 164 | by Staff reporter
January protests convict seeks reprieve
A BULAWAYO man, who was sentenced to four years in jail for looting during the January protests, has approached the High Court appealing both his conviction and sentencing.Future Banda was arr...Published: 18 hrs ago | 144 | by Staff reporter
Card cloning gang hits PPC Zimbabwe
FOUR men ganged up and defrauded Pretoria Portland Cement (PPC) Zimbabwe of more than US$26 500 after cloning the company's ATM card and using it to conduct illegal Point of Sale (POS) transactions at...Published: 18 hrs ago | 476 | by Staff reporter
Tobacco seedling scheme for Matabeleland
DIVERSFIED agro-based concern, Mhuri Farming plans to roll out a tobacco seedling-growing scheme in Matabeleland to promote production of the crop in the region. Of late, the Tobacco Industry ...Published: 18 hrs ago | 52 | by Staff reporter
New notes and coins out today
Commercial banks collected $30 million of new notes and coins yesterday from the Reserve Bank of Zimbabwe and account holders should be able to start accessing their $300 weekly cash withdrawal ration...Published: 18 hrs ago | 304 | by Staff reporter
Cash withdrawals begin today
Commercial banks were collecting $30 million new notes and coins yesterday from the Reserve Bank of Zimbabwe (RBZ) and account holders should be able to start accessing their $300 weekly cash withdraw...Published: 19 hrs ago | 570 | by Staff reporter
Chamisa lawyer's home in 'suspicious' break in
OPPOSITION MDC leader Nelson Chamisa's lawyer Advocate Thabani Mpofu has described a break-in at his Harare home on Wednesday last week as "suspicious", but vowed that the incident would not cow him i...Published: 11 Nov 2019 at 21:51hrs | 2148 | by Staff reporter
Zimbabweans uninspired by new money
MOST Zimbabweans feel the new currency which will start circulating today will not change anything as long as government has not implemented economic and political reforms to generate market confidenc...Published: 11 Nov 2019 at 21:50hrs | 2046 | by Staff reporter
Tragedy of the cannibalistic Zimbabwe govt that devours and sucks dry its own teachers!
As a son of a teacher, I will never forget the utmost honour and pride attached to this profession in the 1980s - such that, even as a mere child, just being known as "Mr. Mbofana's son" made me walk ...Published: 11 Nov 2019 at 12:05hrs | 1395 | by Tendai Ruben Mbofana
'Inflation is because TSP failed to factor in drought' - yeah right, sell-out whitewashing Zanu PF tomb
Zimbabwe is well and truly stuck in this hell-on-earth mess! What makes our situation so, so frustrating about it is this is a man-made mess. For the last 39 years and counting the ruling party, Zanu ...Published: 11 Nov 2019 at 09:06hrs | 2688 | by Wilbert Mukori
Shocking primary school pupils dropout statistics recorded
ABOUT 20 400 pupils in the country dropped out of primary school in 2018, some after being married off, statistics by the United Nations Educational, Scientific and Cultural Organisation (Unesco) have...Published: 11 Nov 2019 at 06:29hrs | 498 | by Staff reporter
Let's embrace new Zimbabwean dollar notes
WE welcome the roll out of the new Zimbabwe dollar five and two dollar notes, which begin circulating today and urge the nation to embrace them as the country takes another major step in its currency ...Published: 11 Nov 2019 at 06:24hrs | 1509 | by Staff reporter
Mimosa shelves US$70m Zimbabwe refinery plant
Platinum Group of Metals (PGM) producer, Mimosa Mining Company, has shelved plans to build a US$70 million refinery plant at the Zvishavane premises for local beneficiation of the minerals after feasi...Published: 11 Nov 2019 at 06:24hrs | 766 | by Staff reporter
Tendai Biti should not be allowed to investigate others when he is under investigation
The person who is supposed to be in charge of discovering corruption in parliament is under investigation by the Zimbabwe Anti-Corruption Commission (ZACC) for allegedly instructing the National Socia...Published: 10 Nov 2019 at 08:57hrs | 7415 | by Mhungu Mushoga
'I don't want to be married'
Socialite and sports marketer Luminista Dumbisa Jemwa might be a lot of men's idea of what a "perfect" woman looks like and, given a chance, the bold would certainly "shoot their shot", but unfortunat...Published: 10 Nov 2019 at 08:56hrs | 2068 | by Staff reporter
Currency reforms can work if Zimbabweans want them to
YESTERDAY (November 11, 2019) the Reserve Bank of Zimbabwe (RBZ) started the process of injecting new notes into the financial system to improve the level of physical cash in circulation.This ...Published: 10 Nov 2019 at 08:55hrs | 774 | by Anthony Matutu
Mnangagwa's govt draws fire over currency
The government has been accused of fuelling economic instability through inconsistent currency reforms and too many regulations.Zimbabwe ended a decade of dollarisation in June and readopted t...Published: 10 Nov 2019 at 08:52hrs | 2794 | by Staff reporter
Govt intensifies land redistribution in Mashonaland West
Government is set to intensify its efforts in subdividing farms exceeding the recommended size as well as repossess underutilised land in Mashonaland West, Provincial Affairs minister Mary Mliswa has ...Published: 10 Nov 2019 at 08:49hrs | 675 | by Staff reporter
Does SB Moyo live on earth?
For those who may not remember, Sibusiso B. Moyo, (PhD) is the man who became the face of the November 2017 coup. As I write, after his spate with the United States ambassador, Brian Nichols, I am beg...Published: 10 Nov 2019 at 08:48hrs | 1113 | by Kenneth Mufuka
Inflation out of control: Guvamatanga
Finance ministry permanent secretary George Guvamatanga has revealed that the government is not considering removing the 2% tax on mobile transactions despite criticism that it is fuelling inflation....Published: 10 Nov 2019 at 08:46hrs | 875 | by Staff reporter
Zimbabwe's money merry go-round
Zimbabwe is trying everything in the book to address a currency crisis that has undermined its productive capacity and threatened its economic sustainability. But its measures so far seem to have had ...Published: 10 Nov 2019 at 08:45hrs | 244 | by Staff reporter
Zacc probes roads scandal
THE Harare City Council has suspended director of works, Engineer Isaiah Chawatama and finance manager, Mr Godfrey Kusangaya — at a time when the Zimbabwe Anti-Corruption Commission (Zacc) is invest...Published: 10 Nov 2019 at 08:29hrs | 192 | by Staff reporter
I'm not a rebel: Cde Chipoyera
In a riveting account never before made public, Parker Chipoyera (PC) opens up on events leading to the arrest of the ZIPA leadership and how he ended up in captivity with his fellow comrades. ...Published: 10 Nov 2019 at 08:28hrs | 175 | by Staff reporter
Mthuli Ncube attempts a Houdini act
Finance and Economic Development Minister Professor Mthuli Ncube this week unveils his second National Budget statement in which he is expected to announce far-reaching interventions to soothe a natio...Published: 10 Nov 2019 at 08:23hrs | 627 | by Staff reporter
All set for stable Zimdollar
As the Reserve Bank of Zimbabwe releases $2 coins into circulation tomorrow ahead of the introduction of $2 and $5 Zim-dollar notes, Finance and Economic Development Minister Professor Mthuli Ncube is...Published: 10 Nov 2019 at 08:22hrs | 639 | by Staff reporter
Mnangagwa says new notes to ease cash shortages
The new bank notes and coins that are set to be introduced into the market tomorrow are expected to ease cash shortages and save the transacting public from being charged extortionate premiums by mobi...Published: 10 Nov 2019 at 08:21hrs | 415 | by Staff reporter
The Economic Factors of Military Coups
There has been rumours of coup in Zimbabwe. Most people are so worried and industry have down sized after rumours have gone wild. Despite the difficulties Zimbabwe is not ready for another coup....Published: 09 Nov 2019 at 07:36hrs | 2161 | by Dr Masimba Mavaza
Chamisa lawyer's home raided
A break-in at the Harare home of prominent lawyer Advocate Thabani Mpofu on Wednesday night is being treated as "suspicious", he said on Friday.Mpofu, who represented MDC leader Nelson Chamisa...Published: 08 Nov 2019 at 21:07hrs | 5716 | by Staff reporter
Mnangagwa is like Mugabe, says UK MP
BRITISH Labour party MP Katey Hoey has sensationally-claimed that President Emmerson Mnangagwa is destroying the country like his predecessor Robert Mugabe did. Posting on her Twitter account, Hoey sa...Published: 08 Nov 2019 at 06:22hrs | 7464 | by Staff reporter
'Mnangagwa's Zimbabwe scoring own goals'
ZIMBABWE is facing a myriad of challenges, including a huge debt overhang which is a stumbling block to new financing, hyperinflation that has eroded people's disposable incomes, and general economic ...Published: 08 Nov 2019 at 05:18hrs | 667 | by Staff reporter
Zimbabwe in debt distress
LACK of transparency in public debt management and the failure to comply with legal stipulations are now manifesting in depressed fiscal space and low domestic resource mobilisation, analysts have sai...Published: 08 Nov 2019 at 05:15hrs | 357 | by Staff reporter
Debunking myths surrounding the conduct of elections in Zimbabwe
THE founding tenets of Zimbabwe are based on respect for certain values and principles, which include, amongst others: the supremacy of the constitution, the rule of law, fundamental human rights and ...Published: 08 Nov 2019 at 05:14hrs | 136 | by Staff reporter
Supreme Court relief for cash-strapped ZIFA
A MESSY five-year battle - which sucked in three ZIFA presidents, rumbled in the courts, dragged a leading bank into the drama, resulted in a luxury bus donated by SAFA being attached and had a hand i...Published: 08 Nov 2019 at 05:02hrs | 223 | by Staff reporter
Old Mutual appoints new CEO
Old Mutual Zimbabwe has appointed Samuel Matsekete as the chief executive officer taking over from Jonas Mushosho with effect from January 1, 2020."Old Mutual is pleased to confirm the appoint...Published: 08 Nov 2019 at 05:00hrs | 681 | by Staff reporter
Bosso players smile to the bank
HIGHLANDERS players received a major boost ahead of Sunday's Chibuku Super Cup semi-final clash against ZPC Kariba when a club member paid each player double their winning bonuses for their 1-1 league...Published: 08 Nov 2019 at 04:54hrs | 1125 | by Staff reporter
Zimbabwe well advanced in e-payments, says VISA
Zimbabwe is one of the most advanced countries in electronic payments accounting for 90 to 98 percent of all payments made, but reports say the rural economy is still to catch up with the modern trend...Published: 08 Nov 2019 at 04:52hrs | 340 | by Staff reporter
Open challenge to Zimbabwe govt for nationwide LIVE public debates on so-called sanctions and their real effects
As the vast majority of Zimbabweans continue to drown in this suffocating abyss of the worst economic meltdown in a decade, the government has upped its denial and defensive mode, as it seeks to dodge...Published: 07 Nov 2019 at 13:47hrs | 624 | by Tendai Ruben Mbofana
Nkulumane MP to be roasted
Nkulumane Member of Parliament Kucaca Ivumile Phulu will be subjected to a roast by a panel of comedians during a creative accountability leadership radical roast to be held at Nkulumane Hall on 15 No...Published: 07 Nov 2019 at 10:09hrs | 2092 | by Mandla Ndlovu
UK cranks heat on Mnangagwa
A UNITED Kingdom (UK) special envoy yesterday challenged President Emmerson Mnangagwa's government to introduce genuine economic and political reforms in order to turn around its stuttering economy....Published: 07 Nov 2019 at 06:02hrs | 5201 | by Staff reporter
Mudenda keeps Chamisa's MPs guessing
Speaker of the National Assembly Jacob Mudenda has kept MDC legislator guessing about whether or not they will be allowed to hold ministers to account in Parliament, saying they will only know their f...Published: 07 Nov 2019 at 06:02hrs | 2991 | by Staff reporter
UK presses Mnangagwa over reforms
A UNITED Kingdom (UK) special envoy yesterday challenged President Emmerson Mnangagwa's government to introduce genuine economic and political reforms in order to turn around its stuttering economy....Published: 07 Nov 2019 at 05:52hrs | 1305 | by Staff reporter
Stanbic unveils low-cost BluEase account
STANBIC Bank has launched a low-cost transactional account to benefit low-income earners, who include university students, informal and sole traders.The financial institution said the initiati...Published: 07 Nov 2019 at 05:52hrs | 1086 | by Staff reporter
Delta Beverages lager volumes plunge 40%
Listed beverages brewer, Delta Corporation Limited (Delta) has reported a 48% tumble in lager beer volumes during the half year period ending September 2019, as the bluechip company continues to feel ...Published: 07 Nov 2019 at 05:48hrs | 502 | by Staff reporter
Mnangagwa appoints deputy chief CIO as perm sec
President Mnangagwa has appointed new permanent secretaries to three ministries, a new Chief of Protocol and a head of the President's Secretariat, both in the Office of the President and Cabinet. ...Published: 07 Nov 2019 at 05:42hrs | 1077 | by Staff reporter
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