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Mnangagwa praises Akinwumi Adesina
President Emmerson Mnangagwa has congratulated Dr Akinwumi Adesina for his outstanding leadership at the helm of the African Development Bank (AfDB), marking the end of his decade-long tenure as presi...Published: 5 hrs ago | 95 | by Staff reporter
Mnangagwa's personality cult grows
President Emmerson Mnangagwa and his loyalists have intensified efforts to create a political personality cult as part of a controversial campaign to extend his presidency beyond the constitutional tw...Published: 01 Dec 2024 at 12:21hrs | 536 | by Staff reporter
Zimbabwe charts ambitious return to global finance at debt conference
Zimbabwe's president hosted creditors and finance executives on Monday to discuss ambitious goals to clear debt arrears and restructure $12.7 billion in external debt, as the country aims to eventuall...Published: 26 Nov 2024 at 08:22hrs | 213 | by Staff reporter
US wants Zimbabwe to double down on reforms
The United States is urging the Zimbabwe government to double down on reforms aimed at returning the country to the prosperity it once enjoyed.Speaking to reporters in Harare on Monday, Pamela...Published: 26 Nov 2024 at 08:20hrs | 946 | by Staff reporter
Zimbabwe to pay white farmers US$331 million in move to rework debt
Zimbabwe plans to pay $331 million to white former farmers whose land the nation seized in 2000 as a step toward getting creditors to agree to restructure the nation's debt pile, which has left it loc...Published: 26 Nov 2024 at 08:19hrs | 458 | by Staff reporter
Zimbabwe under pressure over debt clearance
Zimbabwe is facing increasing pressure to implement the key reforms demanded as part of the ongoing arrears clearance and debt resolution process. With international mediators aiming to conclude the p...Published: 26 Nov 2024 at 08:12hrs | 117 | by Staff reporter
Zimbabwe to hold talks on $21 billion debt albatross this month
Zimbabwe will resume talks with creditors later this month to restructure $21 billion in external debt as it seeks to exit a default that's kept it locked out of international capital markets since 19...Published: 07 Nov 2024 at 07:17hrs | 392 | by Rigid Kondongwe
Govt happy with arrears clearance progress
The Zimbabwean Government has expressed optimism over the progress and milestones achieved in reforms under the arrears clearance and debt resolution process. During a meeting with Sector Working Grou...Published: 18 Oct 2024 at 08:32hrs | 71 | by Staff reporter
Zimbabwe scores milestones on arrears clearance process
The Government of Zimbabwe has received commendations for significant progress in the implementation of reforms under the Arrears Clearance and Debt Resolution process, a vital step towards transformi...Published: 17 Oct 2024 at 08:57hrs | 189 | by Staff reporter
Zimbabwe hires Rothschild advisers over $21 Billion defaulted debt pile
Zimbabwe's government has hired financial and legal advisers to help it navigate potential talks with international creditors over the $21 billion it owes, according to people familiar with the matter...Published: 10 Oct 2024 at 12:22hrs | 538 | by Staff reporter
Former Ezomgido presenter resurfaces on Blood Legacy
South Africa-based singer and broadcaster Nkululeko "Chunky" Phiri has made a triumphant return to the entertainment industry, featuring in Netflix's latest hit series Blood Legacy. Known for his work...Published: 04 Oct 2024 at 17:12hrs | 1290 | by Staff reporter
Former Ezomgido presenter resurfaces on Blood Legacy
South Africa-based singer and broadcaster Nkululeko "Chunky" Phiri has made a triumphant return to the entertainment industry, featuring in Netflix's latest hit series Blood Legacy. Known for his work...Published: 04 Oct 2024 at 16:35hrs | 430 | by Staff reporter
Zimbabwe struggles to capitalize on EU trade opportunities
Zimbabwe has yet to fully exploit significant export opportunities within the European Union (EU) under a duty-free agreement, despite the EU's vast market, which boasts a US$19 trillion gross domesti...Published: 20 Sep 2024 at 09:37hrs | 346 | by Staff reporter
World Bank says Zimbabwe needs economic stability to advance debt talks
Zimbabwe needs an uninterrupted period of macroeconomic stability of at least 12 months to help advance debt talks with international creditors over $21 billion it owes, the World Bank said.Ha...Published: 17 Sep 2024 at 06:52hrs | 408 | by Staff reporter
AfDB helps Zimbabwe mobilises revenue
THE African Development Bank (AfDB) is working with Treasury and the central bank to produce debt and investment gold models for Zimbabwe to allow the country to come up with best policies to mobilise...Published: 07 Apr 2024 at 10:20hrs | | by Staff reporter
Mthuli Ncube sees $18bn debt talks on course despite US exit
Talks on the restructuring of Zimbabwe's $18 billion debt remain on track, even after the US paused its involvement in the discussions, Finance Minister Mthuli Ncube said.The discussions led b...Published: 07 Mar 2024 at 05:13hrs | 1 | 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 | 6 | by Tendai Ruben Mbofana
Zimbabwe debt clearance talks on despite US disengagement
THE United States, through its embassy in Harare, has decided to disengage from participation in Zimbabwe's debt resolution and clearance programme and the round of negotiations resuming next month....Published: 23 Jan 2024 at 04:37hrs | 2 | by Staff reporter
Zimbabwe arrears clearance, debt resolution talks resume
THE next round of high-level talks on Zimbabwe's arrears clearance and debt resolution process will be held next month, marking yet another pivotal moment in the country's quest to clear its internati...Published: 21 Jan 2024 at 07:27hrs | 2 | by Staff reporter
A weird Presidency
GOOD day, President Emmerson Mnangagwa. Your Excellency, the appointment of the Commander of the Defence Forces, General Philip Valerio Sibanda to the Zanu-PF politburo as an ex-officio member, (by vi...Published: 09 Nov 2023 at 05:55hrs | 13 | by Cyprian M Ndawana
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 | | by Staff reporter
EU to withdraw support for Zimbabwe's Arrears Clearance and Debt Resolution process?
The European Union (EU) has delivered a significant blow by suggesting the possibility of withdrawing its support for Zimbabwe's Arrears Clearance and Debt Resolution process in light of the country's...Published: 10 Oct 2023 at 11:23hrs | 1 | by Staff reporter
Men are not angels, Mr President
GOOD day, President Emerson Mnangagwa. Your Excellency, the August 23 and 24 harmonised elections left no electoral fundamental standing. They were a sham and conspicuous by hollowness.They we...Published: 04 Oct 2023 at 06:08hrs | | by Cyprian Muketiwa Ndawana
Chamisa and Mnangagwa are both setting Zimbabwe up to fail
Nelson Chamisa of the Citizens Coalition for Change (CCC) and Zanu-PF's incumbent president, Emmerson Mnangagwa, are setting Zimbabwe up for failure, no matter who actually wins.Chamisa has ca...Published: 27 Aug 2023 at 07:54hrs | 2 | by Lenin Ndebele
Mr President, stop being blind to the obvious things
GOOD day President Emmerson Mnangagwa. Your Excellency, ancient wisdom has it that a guest sees in a minute what the host will have been blind to for a lifetime. Oftentimes, successive generations stu...Published: 02 Aug 2023 at 06:50hrs | 12 | by Cyprian M Ndawana
Mnangagwa's August 23 chance
IT bears repeating that Zimbabwe and President Emmerson Mnangagwa need the August 23 general elections to pass off without incident, and more crucially, to pass a free and fair test.The later aspe...Published: 29 Jul 2023 at 09:00hrs | 10 | by Staff reporter
Zimbabwe election offers regime a last chance to end financial isolation
JEFFRIES Ncube looks around Zimbabwe's second city and fallen industrial heartland and observes that, for all President Emmerson Mnangagwa's promises to resurrect a ruined economy, many of Bulawayo's ...Published: 24 Jul 2023 at 06:41hrs | 1 | by Staff reporter
Zanu-PF must walk the talk on violence or be held accountable
PRESIDENT Emmerson Mnangagwa has been calling for a peaceful election campaign this year, but his party Zanu-PF has been called out several times by human rights monitors and election support groups a...Published: 20 Jul 2023 at 06:54hrs | 3 | by Staff reporter
Why Mnangagwa blocked Mthuli Ncube's export tax
PRESIDENT Emmerson Mnangagwa recently blocked Finance minister Mthuli Ncube's 10% tax on mining exports to pay arrears on the country's debt overhang - which makes it difficult for the government to b...Published: 02 Jul 2023 at 17:27hrs | 15 | by Staff reporter
Mnangagwa's 5 election hurdles
AFTER days of political drama, anxiety and bated breath, President Emmerson Mnangagwa proclaimed the election date, setting the stage for a season of intrigue, joy and heartaches. Zimbabwe decides on ...Published: 05 Jun 2023 at 19:06hrs | | by Staff reporter
Mnangagwa says he's grateful for debt, arrears plan
Zimbabwe is grateful to development partners and creditors for embracing the resolution process of arrears clearance and debt, and hopes that if debts are rescheduled or written off, the economy will ...Published: 30 May 2023 at 06:41hrs | 3 | by Staff reporter
Sanctions eroding value of Zimdollar
The depreciation of the Zimbabwe dollar is partly due to illegal economic sanctions imposed on the country by Western countries, the African Development Bank (AfDB) said in its African Economic Outloo...Published: 29 May 2023 at 06:30hrs | | by Staff reporter
Economic sanctions continue to place Zimbabwe further into unsustainable debt
Finance minister Enoch Godongwana says the government supports Zimbabwe's implementation of key reforms to resolve its debt problems and end 21 years of sanction.If successful, such moves can ...Published: 26 May 2023 at 16:26hrs | | by Staff reporter
Ball is in Mnangagwa's court
LAST week, Zimbabwe continued with its structured debt clearance dialogues with foreign creditors owed over US$14 billion, as the country makes important steps to weave its way out of the debt hole....Published: 26 May 2023 at 06:37hrs | 1 | by Staff reporter
Zimbabwe commits to resolve debt, arrears
PRESIDENT Mnangagwa yesterday committed to resolve Zimbabwe's long overdue debt arrears, and re-engaging with development partners and creditors to reposition the economy for sustained growth anchored...Published: 25 May 2023 at 06:23hrs | 1 | by Staff reporter
'Re-engagement will depend on holding credible 2023 elections' AfDB warns. At long last, some home-truths
"The African Development Bank has moved to fast-track Zimbabwe's $3.5 billion compensation to white farmers whose land was seized under former president Robert Mugabe's reforms. The bank is leading ef...Published: 22 May 2023 at 21:59hrs | 1 | by Wilbert Mukori
Zimbabwe debt clearance tied to farmers' compensation and credible polls
THE African Development Bank has moved to fast-track Zimbabwe's $3.5 billion compensation to white farmers whose land was seized under former president Robert Mugabe's reforms. The bank is leading eff...Published: 22 May 2023 at 06:40hrs | | by Zeenat Hansrod
Mnangagwa leaves for AfDB forum in Egypt
President Mnangagwa is expected here today to join over 3 000 delegates who include Heads of State and Government, central bank governors and members of the development community, at the 58th annual m...Published: 22 May 2023 at 06:25hrs | | by Staff reporter
Zimbabwe ups tempo on debt resolution
President Mnangagwa's scheduled engagements at the African Development Bank (AfDB)'s annual meetings in Sharm el-Sheik, Egypt, this week will add impetus to Zimbabwe's arrears clearance and debt resol...Published: 21 May 2023 at 08:02hrs | 1 | by Staff reporter
'Zimbabwe debt resolution will open funding floodgates'
THE successful conclusion of discussions on Zimbabwe's arrears clearance and debt resolution will lay a firm foundation for the lifting of economic sanctions and help to unlock fresh and affordable ex...Published: 21 May 2023 at 08:02hrs | 1 | by Staff reporter
Africa should stop being such a crybaby!
We all know there is nothing more 'uncool' or 'unsexy' than someone who never owns up to his own failures in life - but seeks to blame others as to why he is not succeeding.Amongst all these, ...Published: 17 May 2023 at 13:44hrs | 2 | by Tendai Ruben Mbofana
AfDB to assist Zimbabwe govt compensate white farmers
THE African Development Bank (AfDB) says it is working on a financial instrument to fund the US$3,5 billion needed to compensate white former commercial farmers.AfDB is working with the Minist...Published: 16 May 2023 at 05:10hrs | | by Staff reporter
African Devt Bank proposes ‘fast track' compensation for Zimbabwe white ex-farmers
The African Development Bank (AFDB) has developed financial instruments to "fast track and front load" $3.5 billion in compensation to white farmers whose land was taken from them by Zimbabwe's govern...Published: 15 May 2023 at 19:05hrs | | by Staff reporter
Zimbabwe hosts fourth Structured Dialogue Platform on arrears clearance and debt resolution process
Zimbabwe has concluded a fourth Structured Dialogue Platform meeting on debt clearance with creditors and development partners.Government and development partners met Thursday 11 May, to revie...Published: 15 May 2023 at 11:09hrs | 7 | by APO
Mnangagwa to engage creditors on Zimbabwe debt
PRESIDENT Mnangagwa is set to travel to the United Arab Republic of Egypt, where he has been invited by his counterpart, President Abdel Fattah El-Sisi, and will take advantage of the Africa Developme...Published: 14 May 2023 at 11:32hrs | 6 | by Staff reportetr
Uproar over Mnangagwa's US$54m jet
ZIMBABWEANS have angrily reacted to reports that President Emmerson Mnangagwa has acquired a US$54 million presidential jet — a Dassault Falcon 7X , at a time the majority of the population is wallo...Published: 01 May 2023 at 08:11hrs | | by Staff reporter
Zimbabwe to hold 'deeper' talks with rich nations over debt
Zimbabwe will hold talks with the US, UK and the European Union to end an impasse over $14 billion owed to external creditors as it seeks to shore up funding for development programs.The south...Published: 14 Apr 2023 at 07:45hrs | | by Staff reporter
AfDB facilitates 3rd Structured Dialogue Platform meeting in Harare on Zimbabwe Arrears Clearance and Debt Resolution process
HARARE - Zimbabwe moved closer to resolving its debt issues last week as it hosted the third debt and arrears clearance structured dialogue platform meeti...Published: 04 Apr 2023 at 18:18hrs | 7 | by APO
Zimbabwe must realise its position in global geopolitics
ON Wednesday United States envoy Robert Scott jetted into the country. He did not hide his mission. "I am here to engage in a series of meetings with government, civil society and other a...Published: 04 Mar 2023 at 08:07hrs | 1 | by Staff reporter
Zimbabwe was colonized through a 'mega deal', and happening again with the Chinese and Belarusians
When people talk of colonization, there are those with the misguided notion that this only occurs via military conquest - usually, by a more powerful nation over a far weaker one.Yet, this cou...Published: 02 Mar 2023 at 07:32hrs | 1 | by Tendai Ruben Mbofana
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