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'No bailout until implement reforms' says Paris Club - we're paying dearly for double Dutch
Zimbabwe is in this serious economic mess and political paralysis; having Zanu PF on the one hand and an equally corrupt, incompetent and utterly useless opposition on the other; because, for 40 years...Published: 06 Jul 2020 at 06:57hrs | 2557 | by Wilbert Mukori
Zimbabwe to get another helping hand from the AfDB
Zimbabwe's attempts to raise money to fight Covid-19 are looking up as the African Development Bank (AfDB) is planning to give it US$13.7 million (about R235 million) in financial assistance.T...Published: 16 Jun 2020 at 12:15hrs | 458 | by Staff reporter
Decaying infrastructure drags Zimbabwe to Stone Age
ZIMBABWE is lagging behind other regional countries in infrastructural development and would require huge investment to build robust infrastructure and catch up with continental leaders, a new report ...Published: 14 Jun 2020 at 10:05hrs | 148 | by Nyasha Chingono
Zimbabwe: IMF hammers country already on its knees
Mercifully, Zimbabwe's infection and death rates from Covid-19 are so far very low but the economy, already labouring under the effects of drought, has been hit by the lockdowns. Worse, the IMF has de...Published: 27 May 2020 at 07:12hrs | 696 | by Baffour Ankomah I New African Magazine
'Money printing impact is worse than Covid-19'
THE Zimbabwe National Chamber of Commerce (ZNCC) has warned government against printing money to fund the ZW$18 billion Covid-19 Economic Recovery and Stimulus Package saying to do so will have a more...Published: 22 May 2020 at 07:25hrs | 1373 | by Staff reporter
'Key to stopping covid-19 is ITTIT and civic collaborative effort' - keep corrupt government and it come to naught
"Writing on his popular Facebook blog following his appointment by the African Union as a Special Envoy to Coordinate the Africa Private Sector Initiative for the Procurement of Personal Protective Eq...Published: 17 May 2020 at 15:24hrs | 485 | by Nomusa Garikai
AfDB approves $13,7m grant to Zimbabwe
THE African Development Bank (AfDB) has approved a $13,7 million grant towards Zimbabwe's COVID-19 response.The funds will provide a lifeline for targeted frontline responders and health perso...Published: 16 May 2020 at 07:49hrs | 620 | by Staff reporter
Khami Dam plan reignites debate
Bulawayo City Council's proposal to purify Khami Dam water for drinking has reignited the debate on the suitability of the water for domestic consumption with some residents flatly objecting the plann...Published: 13 May 2020 at 07:24hrs | 382 | by Staff reporter
Sewage contaminated Khami Dam water for drinking, as BCC goes back to 'objectionable' plan
THE Bulawayo City Council (BCC) is exploring possibilities of purifying the dirty Khami Dam water for drinking as the city' s water situation reaches critical levels.The city is conducting a f...Published: 11 May 2020 at 15:01hrs | 611 | by Staff repprter
Zimbabwe pleads for aid to avert 'collapse' and fight Covid-19
Zimbabwe has pleaded with international institutions to help it clear billions of dollars in debt arrears so the country can avoid economic collapse and unlock funds to fight the coronavirus pandemic....Published: 04 May 2020 at 11:05hrs | 1643 | by James Cotterill I Financial Times
Mnangagwa rattled by Mthuli Ncube's letter?
IN A surprising development which will rattle President Emmerson Mnangagwa, his government and the ruling Zanu-PF, Finance minister Mthuli Ncube has openly admitted that his policies have failed and t...Published: 02 May 2020 at 16:44hrs | 19526 | by Staff reporter
Zimbabwe economy could shrink by 20% without coronavirus aid, says Mthuli Ncube
Zimbabwe's finance minister, Mthuli Ncube, has issued an impassioned plea to international finance institutions, laying bare the country's battered economy and saying it faces "catastrophe" if it does...Published: 02 May 2020 at 15:08hrs | 454 | by Staff reporter
The emperor parades naked
DIPLOMACY, some say, is the idea of telling someone to go to hell and they look forward to it. Zimbabwe has been used to the idea of being a country that is a pariah State and more specificall...Published: 02 May 2020 at 07:54hrs | 1009 | by Paidamoyo Muzulu
Zimbabwe COVID-19 lockdown goes into Stage 2
PRESIDENT Mnangagwa has extended the Covid-19-induced lockdown by a further 14 days and announced an $18 billion Economic Rescue and Stimulus Package to scale up production in all sectors of the econo...Published: 02 May 2020 at 07:18hrs | 434 | by Staff reporter
Mnangagwa begs for support as Zimbabwe collapses
PRESIDENT Emmerson Mnangagwa's government has approached international financiers begging for a lifeline to avoid a possible economic collapse and political upheaval, a respected security publication ...Published: 01 May 2020 at 08:26hrs | 7191 | by Staff reporter
Zimbabwe records a budget surplus, But
Zimbabwe recorded its first fiscal surplus since 2011 as a result of significant contributions from Intermediate Monetary Transfer (IMT) Tax, subdued investment on capital expenditure and civil servic...Published: 26 Apr 2020 at 08:23hrs | 718 | by Victor Bhoroma
Zimbabwe's government now broke' Tendai Biti reveals
MDC Vice President Tendai Biti has alleged that the government of Zimbabwe is now broke because businesses did not pay their taxes when the lockdown commenced last month. Said Biti, "The regim...Published: 15 Apr 2020 at 12:05hrs | 4831 | by Mandla Ndlovu
Ramaphosa appoints special AU envoys, including his sidekick, to secure economic support for Africa
The Chairperson of the African Union, President of the Republic of South Africa His Excellency Cyril Ramaphosa has appointed Dr Ngozi Okonjo-Iweala, Dr Donald Kaberuka, Mr Tidjane Thiam and Mr Trevor ...Published: 12 Apr 2020 at 15:18hrs | 1494 | by Mandla Ndlovu
Is Mthuli Ncube IMF's man in Harare?
THE International Monetary Fund (IMF) released its 2019 Article IV report on Zimbabwe at the end of March 2020. Without delving into policy details, which I leave to experts to unpack, one can observe...Published: 12 Apr 2020 at 09:40hrs | 2497 | by Dr Tim Rainhard
IMF Report on Zimbabwe: Fairy-tale of good cop versus bad cop
THE International Monetary Fund (IMF) released its 2019 Article IV report on Zimbabwe at the end of March 2020. Without delving into policy details, which...Published: 10 Apr 2020 at 14:55hrs | 1255 | by Dr Tim Rainhard
The pandemic lockdown is no time for fiscal distancing
These are very difficult days, as the world faces one of its worst challenges ever: the novel coronavirus pandemic. And it seems almost no nation is spared. As infection rates rise, so does panic acro...Published: 10 Apr 2020 at 08:30hrs | 71 | by Akinwumi A Adesina
Mnangagwa engages world leaders on coronavirus
PRESIDENT Emmerson Mnangagwa on Friday night held a "very important" teleconference with several African Heads of State, French President Emmanuel Macron and World Health Organisation (WHO) director-g...Published: 05 Apr 2020 at 08:24hrs | 255 | by Staff reporter
'Preparedness plan will minimise import of covid-19' - boastful dog putting out fire with his puny fart
"My Government, through the Ministry of Health and Child Care, has put in place measures to minimise the import of COVID-19 into the country and ensure health safety to all citizens,” said President...Published: 21 Mar 2020 at 19:26hrs | 872 | by Patrick Guramatunhu
81 people under Covid-19 watch in Bulawayo
EIGHTY-ONE people who arrived in Bulawayo through the Joshua Mqabuko Nkomo International Airport recently have been placed under surveillance for Covid-19, a Cabinet Minister has said.Health a...Published: 14 Mar 2020 at 08:09hrs | 8072 | by Staff Reporter
'30-year jail for Zesa property vandalism'
THE government is pushing for a mandatory 30-year jail sentence for people found guilty of vandalising electricity infrastructure to curb the vice, Energy minister Fortune Chasi said yesterday....Published: 13 Mar 2020 at 06:02hrs | 500 | by Staff reporter
Sanctions equal economic terror
As has become the norm, the United States (US) last week renewed sanctions on Zimbabwe, stating that Harare posed a threat to Washington's foreign policy. This brings to more than 10 years since the c...Published: 13 Mar 2020 at 05:55hrs | 238 | by Naboth Paurosi Dzivaguru
'Chamisa is a 42 year old with 2 year old's brain' - folly inviting inside tent hoping will piss out
"There is an old English adage that says life begins at 40. If the adage is true, maybe that's the reason Chamisa is behaving like a toddler. Maybe indeed his life started at 40 and he is now a 2 year...Published: 07 Mar 2020 at 07:16hrs | 1961 | by Patrick Guramatunhu
LWF Secretary call for Mnangagwa vs Chamisa dialogue - to free hostages not to legitimise pariah state
Lutheran World Federation (LWF) Secretary General, Dr Martin Junge, add his voice to those calling for Mnangagwa and Chamisa to meet. "He (Mnangagwa) referred to the efforts of the government ...Published: 06 Mar 2020 at 10:22hrs | 1327 | by Wilbert Mukori
'Will never fund a pariah state' IMF confirmed and humanitarian crisis shifted into overdrive
Last week the IMF, WB, Paris Club, AfBD and all the other international financial institutions finally confirmed that they will not give Zimbabwe the fina...Published: 02 Mar 2020 at 06:10hrs | 1585 | by Wilbert Mukori
Mnangagwa govt has not brought desired change
THE Zimbabwean economy has been teetering on the edge of a crisis for the past 20 years, save for a brief interlude during the Government of National Unity (GNU) between 2009 and 2013.The econ...Published: 28 Feb 2020 at 05:41hrs | 772 | by Ringisai Chikohomero
Zimbabwe: African Development Bank Executive Directors conduct consultative mission, tour project sites
HARARE - A seven-member delegation of Executive Directors of the African Development Bank (www.AfDB.org) visited Zimbabwe on a week-long fact-finding mission where they held meetings with a number of ...Published: 26 Feb 2020 at 13:30hrs | 552 | by APO
AU insists on Zimbabwe sanctions removal
African Union Commission, deputy commissioner Mr Kwesi Quartey has called for the removal of sanctions imposed on Zimbabwe by United States and its allies, saying they were negatively impacting on the...Published: 25 Feb 2020 at 06:31hrs | 176 | by Staff reporter
PPPs ideal for self-financing infrastructure projects
The state of public infrastructure in Zimbabwe is now deplorable due to several years of neglect and underinvestment. The country's infrastructure gap in railway, roads, energy, sports facilities, bor...Published: 24 Feb 2020 at 13:24hrs | 629 | by Victor Bhoroma
AirZim receives new Boeing 777 from Malaysia
AIR ZIMBABWE has received a new plane Boeing B777 in a development that is part of the government's ongoing plans to resuscitate the airline. Three more planes are set to arrive in the following weeks...Published: 20 Jan 2020 at 16:53hrs | 6882 | by Staff Reporter
Mthuli Ncube sticks to his guns
Finance and Economic Development Minister Professor Mthuli Ncube has stuck to his guns, maintaining that the country is going to achieve 3 percent economic growth for 2020 in the face of independent f...Published: 19 Jan 2020 at 05:33hrs | 2145 | by Staff reporter
'Mnangagwa's Zimbabwe needs US$16bn'
ZIMBABWE needs an estimated US$16 billion for infrastructural development as well as supporting governance and other institutional reforms as the country moves towards achieving an upper middle-income...Published: 17 Jan 2020 at 06:09hrs | 219 | by Staff reporter
'Debt forgiveness crucial for Zimbabwe'
AS the country's central bank and treasury chiefs head to the forthcoming World Economic Forum in Davos, Switzerland next week, Imara Asset Management (Imara) says the country is in desperate need of ...Published: 17 Jan 2020 at 05:54hrs | 64 | by Staff reporter
AfDB gives thumbs-up to Mnangagwa reforms
Through the ongoing economic reforms, Zimbabwe is on the right path. ln addition, the country has the potential to wiggle out of the current storms, Africa Development Bank (AfDB) country manager Mr D...Published: 13 Jan 2020 at 06:48hrs | 10183 | by Staff Reporter
AfDB to upgrade Zimra audit software
Government is working with its strategic partners to improve its capacity to collect revenue, use and account for it, cent-by-cent. In one of the steps to achieve this, a $11,6 million program...Published: 10 Jan 2020 at 09:25hrs | 462 | by Staff Reporter
SA firm repairing aged sewer system in Bulawayo
SOUTH African firm is repairing aged sewage pipes in Bulawayo after it was recently granted a tender by the city.The firm Cesor Trading Private Limited is replacing old pipes in Pumula, ...Published: 02 Jan 2020 at 09:51hrs | 2515 | by Stephen Jakes
Zimbabwe's civil aviation infrastructure needs heavy rehabilitation
ZIMBABWE'S civil aviation infrastructure needs heavy rehabilitation and regular maintenance if the southern African nation is to attract international airlines and grow the tourism industry, African B...Published: 26 Nov 2019 at 07:28hrs | 187 | by Staff reporter
Hlalani Kuhle houses still without water connections
MORE than 90 percent of houses under Bulawayo's Cowdray Park Hlalani Kuhle suburb are still without water connections despite the local authority having completed water reticulation to the suburb....Published: 24 Nov 2019 at 17:20hrs | 155 | by Staff reporter
AfDB advises government on Air Zimbabwe
INSOLVENT national flag carrier Air Zimbabwe must focus its efforts on optimising routes to reduce operating costs and replace aging, high cost planes used on domestic routes with smaller planes that ...Published: 24 Nov 2019 at 14:39hrs | 103 | by Staff reporter
Sanctions on Zimbabwe - Not as simple as many think
IF one wishes to understand the issue of Western sanctions on Zimbabwe, they first have to stop thinking in binary terms by assuming that the restrictive measures affect only a few people, or that the...Published: 08 Nov 2019 at 05:16hrs | 941 | by Zechariah Mushawatu
Zimbabwe details sanctions impact on health
Illegal sanctions imposed on Zimbabwe by Western countries must be removed as they are not targeted but are affecting ordinary people, Health and Child Care Minister Dr Obadiah Moyo has said. In an in...Published: 18 Oct 2019 at 04:04hrs | 46 | by Staff reporter
Civic society launches door-to-door campaign
Civic Society and Churches Joint Forum (CSCJF) has launched a nationwide door-to-door community awareness programme to educate Zimbabweans on how Western sanctions are affecting the economy. C...Published: 18 Oct 2019 at 03:53hrs | 82 | by Staff reporter
Bulawayo gets US$34 million for service delivery
GOVERNMENT has allocated US$34 million and ZWL$18 million to the City of Bulawayo to improve service delivery.This was revealed by Bulawayo Metropolitan Affairs minister Judith Ncube while add...Published: 07 Oct 2019 at 09:45hrs | 2679 | by Staff reporter
French firms clinch $54 million Kariba rehabilitation deal
A FRENCH consortium recently clinched a $53.6 million deal to rehabilitate Kariba hydroelectric dam's spillway.The dam supplies electricity to Zimbabwe and Zambia and the project will help ens...Published: 05 Oct 2019 at 06:01hrs | 37 | by Staff reporter
Zimbabwe plans talks on foreign debt arrears in early 2020, says Mthuli Ncube
Zimbabwe plans to start talks in early 2020 on clearing arrears on its international debt, Finance Minister Mthuli Ncube said, as it seeks to rebuild confidence in an economy ravaged by high inflation...Published: 05 Sep 2019 at 09:13hrs | 1459 | by Reuters
Mnangagwa happy with US-Zimbabwe dialogue
PRESIDENT Mnangagwa said yesterday he was happy with the pace of ongoing dialogue with United States President Donald Trump, which is aimed at bringing an end to illegal and ruinous economic sanctions...Published: 05 Sep 2019 at 08:18hrs | 1552 | by Staff reporter
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