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Anti-sanctions crusade heats up
The push for the United States government and the European Union (EU) bloc to remove the two-decade-old sanctions imposed on Zimbabwe is beginning to snowball with international organisations adding a...Published: 1 hr ago | 50 | by Staff reporter
Washington experts call for end to Zimbabwe sanctions
Experts in Washington, discussing whether or not Zimbabwe is a source of shame or opportunity for Africa, were unanimous in their position that targeted sanctions were hurtful to the country, and must...Published: 17 Apr 2019 at 07:53hrs | 2661 | by VOA
RTGS$ to stabilise, gain value, insists Mthuli Ncube
FINANCE and Economic Development Minister, Professor Mthuli Ncube, has expressed confidence that the RTGS dollar will stabilise and gain value beyond the prevailing market volatility as Government for...Published: 17 Apr 2019 at 07:02hrs | 3099 | by Staff reporter
Chamisa's MDC unhappy with IMF assisting Zimbabwe
Cyclone Idai, which brought unprecedented destruction as incessant rain and gusty winds caused catastrophic damage, has prompted the International Monetary Fund (IMF) to agree to deepen the Fund's eng...Published: 15 Apr 2019 at 10:58hrs | 4007 | by Staff reporter
Mugabe in court
Former Zimbabwe National Road Administration (Zinara) board chairman Albert Mugabe has appeared in court on allegations of authorising and tendering false letters of undertaking to set off a mortgage ...Published: 13 Apr 2019 at 13:09hrs | 515 | by Staff reporter
Zimbabwe's US$1 billion steel project kicks off
ONE of the world's largest stainless steel producers, Chinese company Tsingshan Holding Group, has begun work on setting up of the US$1 billion steel plant in the country that will eventually produce ...Published: 12 Apr 2019 at 09:15hrs | 6346 | by Staff reporter
Mthuli Ncube to update IMF on Zimbabwe
FINANCE and Economic Development Minister Professor Mthuli Ncube is in Washington DC, the United States of America (USA) for the International Monetary Fund and World Bank 2019 Spring Meetings, where ...Published: 11 Apr 2019 at 07:14hrs | 430 | by Staff reporter
Councillors reject water disconnections as debt recovery strategy
BULAWAYO City councillors have rejected a proposal by the finance department to resume water disconnections as a debt recovery strategy citing the prevailing socio economic challenges faced by residen...Published: 11 Apr 2019 at 07:11hrs | 302 | by Staff reporter
Zimra targets tax dodgers
WHEN the taxman pays an impromptu visit, they all shut their doors; and when he calls-in everyone stampedes for the exits just to get a good reason to say "no one heard the call".Very few peop...Published: 07 Apr 2019 at 16:18hrs | 2076 | by Staff reporter
'2 more years for austerity measures to start bearing fruit'
FINANCE Minister Mthuli Ncube says Zimbabweans shall have to wait for two years to start feeling any positive impact of his controversial austerity measures he introduced late last year."I thi...Published: 06 Apr 2019 at 07:58hrs | 1338 | by newzimbabwe
The global and technological effect
An extract from a book titled 'The next Zimbabwe'The twenty first century has brought about the idea of globalization were interconnectivity is the new...Published: 05 Apr 2019 at 11:26hrs | 359 | by Terence Simbi
ZimParks chief brings sanity in the Fishing industry in Lake Kariba
Following decades of several cries by the new fishing generation that had been trying in the fishing business enterprise especially of matemba regards allocation of permits, the current Director Gener...Published: 05 Apr 2019 at 11:24hrs | 724 | by MuHwisiry Chaiyeiye a Patsaka Nyaminyami Community Radio Correspondent
How did Zimbabwe end up with such toxic debts?
What I witnessed last Saturday at Zimbabwe's biggest hospital, Parirenyatwa, got me thinking.In the casualty unit, there was no doctor attending to patients from 5.30pm to 9pm. I saw patients ...Published: 05 Apr 2019 at 09:59hrs | 616 | by Editorial _ The Independent
Jonathan Moyo hit with a civil suit
EXILED former Cabinet minister Jonathan Moyo has been hit with a civil suit after allegedly failing to pay $32 000 electricity arrears for his Mazowe Farm.Moyo, who is represented by his wife ...Published: 02 Apr 2019 at 13:34hrs | 1325 | by Staff reporter
Jonathan Moyo sued over electricity arrears
Exiled former Cabinet minister Jonathan Moyo has been hit with a civil suit after allegedly failing to pay $32 000 electricity arrears for his Mazowe farm. Moyo, who is represented by his wife...Published: 02 Apr 2019 at 08:23hrs | 3215 | by Staff reporter
Kambarami fined for threatening someone on WhatsApp
BULAWAYO deputy mayor Tinashe Kambarami has been fined $50 for sending threatening messages on an MDC Alliance WhatsApp chat group. Kambarami threatened Mr Mpikelelo Khumalo in a WhatsApp grou...Published: 01 Apr 2019 at 17:26hrs | 3655 | by Methusi Ncube
'Zimbabwe is not poor'
ZIMBABWE will not take the Heavily Indebted Poor Country (HIPC) route as it still has economic indicators that do not qualify it into the grouping, an official in the Ministry of Finance and Economic ...Published: 31 Mar 2019 at 23:46hrs | 559 | by Staff reporter
IMF mission to visit Zimbabwe next week
An IMF mission is expected in Zimbabwe next week to hold discussions with the government on the country's debt clearance strategy and the possibility of yet another Staff-Monitored Programme, George G...Published: 28 Mar 2019 at 07:50hrs | 1437 | by Staff reporter
$30 million in unclaimed pension benefits lies idle
THE Insurance and Pensions Commission (IPEC) says about 50 000 pensioners could be wallowing in abject poverty while their unclaimed benefits amounting to $30 million lie idle at the pension benefit f...Published: 25 Mar 2019 at 22:46hrs | 976 | by Staff reporter
Mukanya finally returns to USA
CELEBRATED chimurenga musician Thomas Mapfumo finally left for the United States last Friday after more than two months in the country.Mapfumo arrived in the country in December last year for ...Published: 25 Mar 2019 at 11:05hrs | 1132 | by Staff reporter
Zimbabwe debt should be audited
ZIMBABWE should not rush to pay its external debts until an official audit has been done to ascertain the validity of the arrears, a local pressure group has said.The southern African country ...Published: 24 Mar 2019 at 14:29hrs | 1253 | by John Kachembere
Zesa to hike electricity tariffs in line with interbank rates
STATE power utility, the Zimbabwe Electricity Supply Authority (Zesa) is mulling a tariff hike, it has emerged.This despite screams to the contrary following social media reports that Zesa was...Published: 23 Mar 2019 at 05:45hrs | 1716 | by newzimbabwe
Companies to pay double tax in forex, defaulters face jail terms and fines
Companies trading in foreign currency that fail to remit Value Added Tax in foreign currency face stiff penalties that include double payment of arrears in hard currency, the Zimbabwe Revenue Authorit...Published: 22 Mar 2019 at 06:52hrs | 932 | by Staff reporter
Goverment, civil servants seal salary deal?
Government and civil servants yesterday sealed a salary accord after the employer improved its offer to the workers from $350 million to $400 million. This will translate to a salary increment of $129...Published: 21 Mar 2019 at 07:23hrs | 1949 | by Staff reporter
Zimbabwe cannot outsource its development - it has to fix the fundamentals first
While South Africa believes sanctions should be scrapped in Zimbabwe, analysts indicate that the sanctions narrative has been an easy scapegoat in addressing the real issues affecting the country....Published: 19 Mar 2019 at 08:39hrs | 453 | by Sally Nyakanyanga
Mugabe's ex-deputy minister's house auctioned off
Former Health and Child Care deputy minister Edwin Muguti is set to lose his house over rental arrears owed to Joyce Mako-Mashaninga.Last year, the court handed a default judgment after Muguti...Published: 18 Mar 2019 at 13:46hrs | 4069 | by Staff reporter
South Africa to monitor Zimbabwe's economic affairs
IN an unprecedented move, Zimbabwe has agreed to allow South Africa - the continent's most developed economy and powerhouse - to sit in official Ministry of Finance meetings to oversee Harare's debt c...Published: 15 Mar 2019 at 17:15hrs | 2217 | by Staff reporter
Thomas Mapfumo stuck in Zimbabwe
Decorated Chimurenga musician Thomas "Mukanya" Mapfumo ,73, says he had to delay his return to Oregon in the United States of America where he has lived for close to 15 years in order to pay the...Published: 15 Mar 2019 at 11:01hrs | 6488 | by Staff reporter
SA to sit in next critical Zimbabwe Treasury meetings
IN an unprecedented move, Zimbabwe has agreed to allow South Africa - the continent's most developed economy and powerhouse - to sit in official Ministry of Finance meetings to oversee Harare's debt c...Published: 15 Mar 2019 at 06:24hrs | 3491 | by Staff reporter
Telecel Zimbabwe faces eviction
Telecel Zimbabwe (Pvt) Ltd is set to be evicted from its two rented premises belonging to First Mutual Investment Company (Pvt) Ltd after accumulating rental arrears amounting to US$40 843.The...Published: 15 Mar 2019 at 06:01hrs | 531 | by Staff reporter
SA, Zimbabwe discussing state-guaranteed bank loan
South Africa is considering more loans to Zimbabwe, including state-guaranteed funding from banks to support its northern neighbor's cash-strapped private sector.The facility is among a range ...Published: 12 Mar 2019 at 14:11hrs | 713 | by Bloomberg
Mugabe up for $300,000 fraud
Former Zimbabwe National Road Administration (ZINARA) board chairman Albert Mugabe yesterday appeared in court charged with criminal abuse of duty. He allegedly wrote to CBZ bank lying that th...Published: 12 Mar 2019 at 06:10hrs | 2631 | by Staff reporter
Harare should not expect bailout from Ramaphosa
South African President Cyril Ramaphosa arrives in the country today to co-chair the Bi-National Commission (BNC) with President Emmerson Mnangagwa whose administration is desperate for a cash injecti...Published: 11 Mar 2019 at 15:02hrs | 1927 | by Staff reporter
Harare to name, shame defaulting churches
HARARE City Council is threatening to name and shame churches that owe council millions in unpaid rates and lease fees amounting to more than $10 million.Council corporate communications manag...Published: 11 Mar 2019 at 14:56hrs | 586 | by Staff reporter
Ramaphosa flies in tomorrow
South African President Cyril Ramaphosa will arrive in Harare tomorrow for the third session of the Zimbabwe-South Africa Bi-National Commission (BNC) that is expected to deepen bilateral relations an...Published: 10 Mar 2019 at 08:43hrs | 326 | by Staff reporter
Mnangagwa must engage the 'bullies' to win this economic war
The United States of America (US), this week, once again tightened the noose on Zimbabwe when it extended sanctions against President Emmerson Mnangagwa's administration in a show of no confidence –...Published: 09 Mar 2019 at 12:30hrs | 1764 | by Staff writer
Mthuli Ncube makes frantic efforts to charm US
Finance minister Mthuli Ncube is this week making frantic efforts to warm up relations with multilateral creditors as Zimbabwe continues its search for US$1,2 billion to clear World Bank arrears despi...Published: 08 Mar 2019 at 14:15hrs | 2059 | by Staff reporter
Mthuli Ncube hits brick wall on debt clearance plan
FINANCE minister Mthuli Ncube is struggling to nail down the debt clearance roadmap which has been on the table since 2015 to clear urgent US$2,3 billion in arrears before securing game changing new f...Published: 08 Mar 2019 at 10:22hrs | 2432 | by Staff reporter
Nurses' body must reform or die
On November 24 2017, President Mnangagwa ushered in the Second Republic with a maiden inauguration speech which was pregnant with pragmatism and divorced from the flowery language his predecesso...Published: 08 Mar 2019 at 06:37hrs | 520 | by Forward Nyanyiwa
Mthuli Ncube makes frantic efforts to charm US after sanctions slap
Finance minister Mthuli Ncube is this week making frantic efforts to warm up relations with multilateral creditors as Zimbabwe continues its search for US$1.2 billion to clear World Bank arrears despi...Published: 07 Mar 2019 at 06:49hrs | 2084 | by Staff reporter
NSSA in door-to door company raids
State-run pension fund, the National Social Security Authority (Nssa) says it will soon be conducting site visits to companies to demand outstanding contributions.In the 2017 financial year, N...Published: 05 Mar 2019 at 07:18hrs | 255 | by Staff reporter
Mthuli Ncube tightens belt on spending
Government will operate below statutory requirements in borrowing from the Reserve Bank of Zimbabwe (RBZ) as it enhances its belt-tightening strategies in line with austerity measures announced in the...Published: 03 Mar 2019 at 01:28hrs | 1589 | by Staff reporter
Former Harare treasurer sues council over unpaid pension
Former City of Harare treasurer, Misheck Mubvumbi, has approached the High Court seeking an order to compel his ex-employer to pay him pension benefits amounting to over $300 000.The ex-counci...Published: 25 Feb 2019 at 08:21hrs | 633 | by Staff reporter
Ex-Zanu-PF MP in court over $9 000 debt
Former Zanu PF Mbire legislator, David Butau and his now-defunct Dande Capital Holdings, have been taken to the High Court by a Harare man, Euvencio Musundire, who is seeking an order to compel the ex...Published: 23 Feb 2019 at 06:25hrs | 1370 | by Staff reporter
Govt shoots down ZESA's proposal to increase tariff
The government has turned down the proposal by the ZETDC, a branch of the Zesa power utility, to increase its tariff by 52%, saying it is unjustified as local generation capacity has increased....Published: 22 Feb 2019 at 10:38hrs | 2312 | by Staff reporter
Nyarota's lawyer fined for negligence
Harare lawyer Doreen Vimbai Gapare was recently fined $500 by the Law Society of Zimbabwe (LSZ) after she was convicted of unprofessional and compromised conduct in handling a case involving senior jo...Published: 21 Feb 2019 at 07:22hrs | 370 | by Staff reporter
Bogus lawyer arrested for fraud
A BOGUS lawyer, Descent Moyo, who allegedly masqueraded as a housing estate agent, was nabbed last week and brought to court on charges of duping a Harare property owner of his money after being hired...Published: 18 Feb 2019 at 07:03hrs | 345 | by Staff reporter
Bank sued over Zifa debt
Daisy Guest House is suing EcoBank for allowing Zifa to access funds in its account after the football-controlling body's money had been attached over their failure to pay for $161 762 in accommodatio...Published: 15 Feb 2019 at 08:46hrs | 462 | by Staff reporter
Zimbabwe pesters South Africa for lines of credit
Zimbabwe's government continues to explore avenues of attracting lines of credit from neighbouring South Africa after the continent's most prosperous nation rebuffed an earlier request by Harare for a...Published: 15 Feb 2019 at 08:26hrs | 395 | by Staff reporter
All aboard Zupco: Is this a rebirth or stillbirth?
This article is a follow-up to my previous one, Kombi nation: Re-imagining our urban transport system.In that article, I presented a number of options on how we could improve our public transp...Published: 14 Feb 2019 at 07:33hrs | 1523 | by Mike Murenzvi
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