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International media stampede to interview Mnangagwa
President Emmerson Mnangagwa, who is currently in New York for the UN General Assembly, had a busy schedule with international media stampeding for interviews with him.Day Two of President Mna...Published: 15 hrs ago | 8102 | by Staff Reporter
Mthuli Ncube sweats over funding
NEWLY-MINTED Finance minister Mthuli Ncube this week set sail for the United States, together with President Emmerson Mnangagwa, for the United Nations General Assembly in New York where he will engag...Published: 16 hrs ago | 5742 | by Staff reporter
Obert Mpofu looks to revive Zanu-PF business empire
President Emmerson Mnangagwa's ruling Zanu-PF is looking to revive its fallen business empire, crippled by gross mismanagement and corruption.In an exclusive interview with the Daily New...Published: 16 hrs ago | 2144 | by Staff reporter
President Mnangagwa debuts at UNGA
Fresh from securing a new mandate to lead Zimbabwe for the next five years, President Emmerson Mnangagwa arrived in New York to participate in various meetings and engagements ahead of his inaugural a...Published: 19 hrs ago | 1571 | by Bevan Musoko
Anxiety as Mnangagwa 'visits' RBZ
PRESIDENT Emmerson Mnangagwa made two surprise visits to the Reserve Bank of Zimbabwe on Tuesday, which generated a lot of anxiety among staff and the public after he spent a combined four hours at th...Published: 24 hrs ago | 8034 | by Staff reporter
Exchange rate of US Dollar passes 100%
MDC Alliance official Discent Collins Bajila has claimed that the rate of exchange of US$ to Bank transfer in Zimbabwe has reached +100%.He said this means that if one have US$100 hard cash an...Published: 21 Sep 2018 at 07:06hrs | 4796 | by Stephen Jakes
Mthuli Ncube's '0% political skills' certainly working
While cholera is highly infectious, positivity can be as contagious too as a counter-measure along with medicinally treating the actual disease.Posted Finance minister Mthuli Ncube, who has a ...Published: 21 Sep 2018 at 07:05hrs | 3014 | by Conway Tutani
Zimbabweans want US or Zim dollar only, not SA Rand
THE majority of Zimbabweans would be happy to adopt the United States dollar or the Zimbabwe dollar as only currency and are adverse to the use of bond notes, according to a recent public opinion surv...Published: 21 Sep 2018 at 06:52hrs | 2530 | by Staff reporter
'Mugabe University not a priority'
THE Government yesterday said construction of the $1 billion Robert Gabriel Mugabe University was not on its priority list as it does not want to create new problems before solving existing ones. ...Published: 21 Sep 2018 at 06:48hrs | 1465 | by Staff reporter
Mthuli Ncube faces tough choices
Professor Mthuli Ncube, the new Finance and Economic Development Minister, is a nice man who would not want to ruffle any feathers. But he must be prepared to be branded an enemy by certain individual...Published: 21 Sep 2018 at 06:43hrs | 948 | by Lovemore Chikova
IMF offers to help Zimbabwe clear arrears
THE International Monetary Fund (IMF) yesterday said it was ready to help Zimbabwe craft a debt clearance strategy anchored on fundamental economic reforms. This comes after outgoing British A...Published: 21 Sep 2018 at 06:34hrs | 941 | by Staff reporter
Forex crisis vexes Mnangagwa
AROUND mid-day on Tuesday, a decorated procession blasted off State House, its lash green lawns and flowering jacaranda trees complimenting to give breathtaking scenery.It was a long processio...Published: 20 Sep 2018 at 18:56hrs | 4956 | by Staff reporter
Mnangagwa arrives in New York
President Emmerson Mnangagwa has arrived in New York for the 73rd session of the United Nations General Assembly.President Mnangagwa who will make his maiden appearance as Head of State at the...Published: 20 Sep 2018 at 17:02hrs | 4099 | by Staff reporter
Zimbabweans pin hopes on ED as he attends maiden UNGA Summit
Zimbabwean President, Emmerson Mnangagwa, is attending his maiden United Nations General Assembly (UNGA) summit amid rising confidence in his leadership back home. Mnangagwa won this year's elections,...Published: 20 Sep 2018 at 11:44hrs | 1517 | by Nicole Hondo
Harare City Council to apologise to Econet
The Harare City Council has said it will apologise to Zimbabwe's largest mobile telephone company Econet Wireless after municipal officials attempted to steal humanitarian aid meant to stem Zimbabwe's...Published: 20 Sep 2018 at 07:37hrs | 3243 | by Staff reporter
NetOne to launch hi-tech billing, support system
STATE-OWNED mobile operator, NetOne, is set to launch a state of the art converged billing and business support system which will offer seamless services to all the end users.NetOne says the l...Published: 20 Sep 2018 at 07:13hrs | 777 | by Staff reporter
Chivayo threatens to approach ConCourt, State chickens out
THE State yesterday aborted attempts to amend charges levelled against businessperson Wicknell Chivayo, who is accused of swindling Zimbabwe Power Company of over $5 million, after the Intratrek found...Published: 20 Sep 2018 at 07:08hrs | 2001 | by Staff reporter
Mukupe off the hook
FORMER Finance deputy minister Terrence Mukupe yesterday successfully overturned two default judgments entered against him, and which compelled him to pay a combined debt of $58 000 to a private schoo...Published: 20 Sep 2018 at 07:05hrs | 1385 | by Staff reporter
Giant stationery Manufacturer Re-Opens But...
The giant stationary manufacturer Marvo is set to re open next week on Monday.Workers who were stopped working some time ago said they were told that the company is re-opening."The ove...Published: 20 Sep 2018 at 06:55hrs | 1550 | by Stephen Jakes
Corruption is the main problem in Zimbabwe - Knight
Former ZBC radio Presenter Eric Knight has said corruption is the main vice that has gripped Zimbabwe which needs to be extricated."But seriously, in as much as the cash shortages problem is s...Published: 20 Sep 2018 at 06:50hrs | 966 | by Stephen Jakes
Obert Mpofu sued over $76k bank loan
LOCAL financial institution, CBZ Limited, has petitioned the High Court seeking an order to compel former Home Affairs minister, Obert Mpofu, his wife Sikhanyisiwe, and the couple's business, Trebo an...Published: 20 Sep 2018 at 06:50hrs | 1005 | by Staff reporter
Ministers, MPs' cars suspended
PRESIDENT Emmerson Mnangagwa's government yesterday suspended plans to buy new vehicles for the new Cabinet ministers and Members of Parliament and channelled the money towards fighting the cholera ep...Published: 20 Sep 2018 at 06:45hrs | 1630 | by Staff reporter
Econet launches Cholera Crisis Fund
Econet Wireless Zimbabwe's banking subsidiary Steward Bank, yesterday launched a $2 million National Cholera Crisis Fund that is meant to raise funds for the cholera crisis that has engulfed some part...Published: 20 Sep 2018 at 06:30hrs | 108 | by Staff reporter
Over $29m mobilised for Zimbabwe cholera
Government has so far mobilised $29 million out of $64,1 million required to fight cholera, amid indications that the outbreak has been contained with the number of patients visiting health institutio...Published: 20 Sep 2018 at 06:29hrs | 117 | by Staff reporter
Mthuli Ncube directs all traders to accept bond notes
Finance and Economic Development Minister Professor Mthuli Ncube has directed all traders to accept bond notes as they remain legal tender in the country. This comes as some unscrupulous whole...Published: 20 Sep 2018 at 06:27hrs | 1375 | by Staff reporter
Motorists fume over new tollgate
MOTORISTS have expressed dismay over the establishment of the Colleen Bawn tollgate along Bulawayo-Beitbridge Road, saying they were already paying too much at existing tollgates. Government y...Published: 20 Sep 2018 at 06:25hrs | 940 | by Staff reporter
Chivayo trial continues
Businessman Wicknell Chivayo's trial is set to continue today at the Harare magistrates' court.The trial, which was supposed to start yesterday, failed to kick off since their magistrate was n...Published: 20 Sep 2018 at 06:16hrs | 95 | by Staff reporter
'Seek ye first the political kingdom' advised Dr Nkrumah. We did not and have paid dearly for our folly
"Seek ye first the political kingdom and all else shall be added unto you," said Dr Kwame Nkrumah, the first President of Independent Ghana. After 38 years of blundering from pillar to post wh...Published: 19 Sep 2018 at 22:16hrs | 362 | by Patrick Guramatunhu
Mnangagwa tours Glen View cholera centre
President Emmerson Mnangagwa is currently touring the two cholera treatment centres in Harare – Glen View 1 Polyclinic and Beatrice Road Infectious Diseases Hospital.Speaking in Glen View, P...Published: 19 Sep 2018 at 13:03hrs | 1060 | by Staff reporter
Ecocash and swipe are gradually being phased out
Former MDC legislator for Bulilima East Norman Mpofu has said the Ecocash and swipe method of payment which has become the major methods of payment are now being rendered useless as some shops now dem...Published: 19 Sep 2018 at 09:00hrs | 14745 | by Stephen Jakes
MDC legislators disrespecting citizens by appeasing their demi-god Nelson Chamisa
The Ninth Parliament of Zimbabwe was yesterday opened by President Mnangagwa amid high expectations from the people of Zimbabwe over the legislative agenda.The Speaker of the House of Assembly...Published: 19 Sep 2018 at 08:10hrs | 2611 | by Prosperity Mzila
UK to support Zimbabwe IMF programme
Britain will support Zimbabwe to get on an interim IMF staff programme to help the country quickly clear its foreign arrears, Britain's ambassador in Harare said on Tuesday. Clearing the $1.8 ...Published: 19 Sep 2018 at 07:37hrs | 3657 | by Staff reporter
Zimbabwe economy in safe hands
THE appointment of a leaner Cabinet by President Emmerson Mnangagwa is not only welcome, but also goes a long way in demonstrating that the President listened to the people, mindful of the need to man...Published: 19 Sep 2018 at 07:25hrs | 1224 | by Daniel Ngwira
Mixed reactions to Mnangagwa speech
ANALYSTS largely welcomed President Emmerson Mnangagwa's State of the Nation Address, but felt he had not properly addressed the currency distortions in the market.Economist Prosper Chitambara...Published: 19 Sep 2018 at 07:19hrs | 1302 | by Staff reporter
Mthuli Ncube's economic stabilisation programme out next month
FINANCE minister Mthuli Ncube will next month unveil a transitional economic stabilisation programme that will address fiscal and monetary reforms as well as an arrears clearance programme.Zim...Published: 19 Sep 2018 at 07:15hrs | 758 | by Staff reporter
Long fuel queues resurface
Long fuel queues resurfaced in Harare and other parts of the country yesterday as most service stations went dry, with many motorists resorting to panic buying.Motorists queue for fuel at a se...Published: 19 Sep 2018 at 07:13hrs | 1127 | by Staff reporter
Mnangagwa approves cholera fund
PRESIDENT Mnangagwa has approved a budget of nearly $64 million for immediate needs in the fight against dual outbreaks of cholera and typhoid in Harare and other parts of the country, chairperson of ...Published: 19 Sep 2018 at 07:03hrs | 295 | by Staff reporter
UK hails setting up of Mnangagwa's Commission of Inquiry
OUTGOING United Kingdom Ambassador to Zimbabwe, Catriona Laing, says her country was encouraged" by the setting up of a Commission of Inquiry into the political violence of August 1, which led to the ...Published: 19 Sep 2018 at 06:58hrs | 415 | by Staff reporter
'US dollar to anchor Zimbabwe economic recovery'
PRESIDENT Mnangagwa has reassured the nation that the United States dollar will remain the bedrock of Government plans for accelerated reforms to address the multiplicity of challenges besetting the e...Published: 19 Sep 2018 at 06:44hrs | 1666 | by Staff reporter
Bond notes flood Zimbabwe border towns
The Zimbabwe Cross Border Traders Association has called on Finance and Economic Development Minister Mthuli Ncube to investigate the source of bond notes and other currencies that have flooded the bl...Published: 19 Sep 2018 at 06:38hrs | 3364 | by Staff reporter
Chamisa's MPs walk out on Mnangagwa
THE government has secured $500 million in foreign credit facilities to ease a cash crisis that has crippled local industry, President Emmerson Mnangagwa said yesterday at the official opening of the ...Published: 19 Sep 2018 at 06:27hrs | 1485 | by Staff reporter
Zimbabwe to continue using multicurrencies
Zimbabwe's use of the multicurrency system will continue until such a time that the country's macroeconomic fundamentals have re-aligned, President Emmerson Mnangagwa said today in his inaugural State...Published: 18 Sep 2018 at 19:36hrs | 1977 | by Staff reporter
UK to support Zimbabwe clear its arrears
The United Kingdom says it will support Zimbabwe to clear its arrears with the International Monetary Fund (IMF) and the World Bank.Outgoing British Ambassador Catriona Laing advised on this d...Published: 18 Sep 2018 at 19:13hrs | 2988 | by Staff reporter
Stench of sewage in cholera-hit Harare
Zimbabwe is struggling with its worst outbreak of cholera in a decade, which has killed at least 28 people. An emergency has been declared and public gatherings banned in the capital, Harare.L...Published: 18 Sep 2018 at 16:40hrs | 1539 | by BBC
Mthuli Ncube moves to stabilise forex markets
The Government has negotiated several foreign currency facilities that are set to ease liquidity challenges in the economy, as well as curb parallel forex market activity, President Mnangagwa said tod...Published: 18 Sep 2018 at 16:33hrs | 5345 | by Staff reporter
Zanu PF hijacks ZWMB
HARARE - There are fears that Zanu PF is hijacking the Zimbabwe Women's Microfinance Bank (ZWMB), after several women were recently turned away from a meeting which took place at a Bulawayo hotel on t...Published: 18 Sep 2018 at 13:45hrs | 2180 | by Staff Reporter
Mnangagwa must take a chance on Mthuli Ncube's ideas
It is clear that Zimbabwe's new Finance minister Mthuli Ncube is not a shy man and neither is he a coward. He would have been aware, weeks in advance, that he would be appointed Zimbabwe's Treasury ch...Published: 18 Sep 2018 at 08:25hrs | 4682 | by Staff reporter
Stunted exploration to stifle Zimbabwe gold output growth
Fidelity Printers and Refiners (Fidelity), the country's sole gold buyer, says gold output could hit 50 tonnes in two years on the back of a central bank support to the small-scale mining sector, but ...Published: 18 Sep 2018 at 07:43hrs | 408 | by Staff reporter
US$ black market rate spirals
Exchange rates on Zimbabwe's parallel market have risen sharply in the past week to 100% for real time gross settlement (RTGS) transfers, triggering fears of more price increases.Zimbabwe's ch...Published: 18 Sep 2018 at 07:42hrs | 4467 | by Staff reporter
Zimbabwe's mobile data charges second highest in Africa - report
Zimbabwe has the second most expensive mobile data in sub-Saharan Africa after Equatorial Guinea at $25 for one gigabyte, a technology report released last week has shown.Despite the spread of...Published: 18 Sep 2018 at 07:41hrs | 752 | by Staff reporter
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