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Mthuli Ncube's five big challenges
NEWLY-APPOINTED Finance and Economic Development minister Mthuli Ncube faces the unenviable task of navigating Zimbabwe's stuttering economy through serious challenges and will need to make tough deci...Published: 16 Sep 2018 at 09:11hrs | 3601 | by Staff reporter
Govt pledges support for largest gold miner
GOVERNMENT has made a commitment to provide the necessary facilitation to Zimbabwe's largest gold producer, Metallon Corporation, whose operations are being hampered by foreign currency shortages. ...Published: 13 Sep 2018 at 06:23hrs | 276 | by Staff reporter
'Zimbabweans should look beyond the horizon'
ZIMBABWEAN businesses should look beyond the horizon of challenges and grab available investment opportunities under the new dispensation to help transform the country's economy, Steward Bank chief ex...Published: 13 Sep 2018 at 06:17hrs | 63 | by Staff reporter
Daunting task awaits Mnangagwa's new Cabinet
WITH Zimbabwe in serious economic woes, announcement of the new Cabinet was obviously a keenly awaited event. Tongues had for some time been wagging, posturing on a number of possibilities, ranging fr...Published: 12 Sep 2018 at 07:43hrs | 1038 | by Cyprian M Ndawana
'RBZ should complement Mthuli Ncube'
Analysts yesterday called on Reserve Bank of Zimbabwe governor John Mangudya and his team to work in tandem with new Finance and Economic Development minister Mthuli Ncube efforts to help arrest econo...Published: 12 Sep 2018 at 07:35hrs | 1967 | by Staff reporter
Financial illiteracy is our biggest enemy in Zimbabwe
I found a very interesting letter in one of my old books that I last read in 2004. It is a letter that I received from Barclays Bank (Zimbabwe), offering me a Z$1 million overdraft facility. Three yea...Published: 12 Sep 2018 at 06:47hrs | 265 | by Hopewell Chin'ono
Mnangagwa paid Jonathan Moyo's children school fees?
NPF spokesperson Mr Jealousy Mawarire has suggested that President Emmerson Mnangagwa paid Jonathan Moyo's shildren school fees when Moyo moved to Kenya.Responding to Mr Prof Moyo's attacks on...Published: 11 Sep 2018 at 07:22hrs | 4017 | by Staff reporter
Jonathan Moyo's messy fallout with Grace Mugabe
Media enquiries have drawn my attention to a front-page story in today's (9 September) Standard newspaper in which the former first lady, Mrs Grace Mugabe, is said to have called on her alleged follow...Published: 11 Sep 2018 at 06:27hrs | 1922 | by Jonathan Moyo
Mnangawa's Cabinet was tight balance between economy, politics
I WATCHED the Cabinet announcement with a colleague from East Africa, who opined that Zimbabweans are too easy to please and that they move on faster than expected.From the dusty campaign trai...Published: 10 Sep 2018 at 06:56hrs | 594 | by Tapiwa Gomo
All eyes on Mnangagwa's new Cabinet
THE new Cabinet will be sworn-in at Sate House today with Zimbabweans across the political divide optimistic that President Emmerson Mnangagwa's new 20-member team will immediately hit the ground runn...Published: 10 Sep 2018 at 06:51hrs | 177 | by Staff reporter
Mthuli Ncube gets whole of Zimbabwe talking
AT last, the long-awaited Cabinet is here. And it's full of shocks and surprises, with heavyweights falling by the wayside and lightweights making it to the much leaner list of President Emmerson Mnan...Published: 10 Sep 2018 at 06:49hrs | 1827 | by Editorial - newsday
Hope as Mnangagwa swings axe
Cabinet appointments anywhere in the world are by their nature highly-contested and emotive affairs - because virtually all politicians think they are Cabinet material, while ordinary citizens harbour...Published: 09 Sep 2018 at 17:15hrs | 1504 | by Staff reporter
Zimbabwe urgently needs $4bn bailout package
Zimbabwe needs up to $4 billion to avert a looming currency crisis that could unleash economic havoc, with the new Cabinet urged to take tough decisions to increase confidence in the economy.P...Published: 09 Sep 2018 at 17:08hrs | 608 | by Staff reporter
All eyes on Mnangagwa's Cabinet
President Emmerson Mnangagwa's new Cabinet has been well-received after his bold decision to bring in technocrats who are not necessarily politicians and the more to drop deadwood.Zimbabweans ...Published: 09 Sep 2018 at 08:51hrs | 1281 | by Editorial - The Standard
Mnangagwa accused of 'name bombing'
Smarting from his failure to wrestle power from Zanu-PF, the main opposition MDC Alliance leader Nelson Chamisa has poured cold water on rave views on Mnangagwa's government cabinet appointments sayin...Published: 08 Sep 2018 at 20:51hrs | 5405 | by Staff reporter
Mnangagwa appoints technocrats in new Cabinet
PRESIDENT Emmerson Mnangagwa yesterday pulled a shocker when he dropped several Zanu PF party bigwigs, some who had served as Cabinet ministers for several years, and appointed three technocrats - for...Published: 08 Sep 2018 at 08:28hrs | 1522 | by Staff reporter
Mnangagwa's new Cabinet has potential to turn around the economy
Our people rarely agree politically but they appear to have over the figures that President Mnangagwa appointed into his Cabinet yesterday. He brought in new faces and a few surprises, youths, added m...Published: 08 Sep 2018 at 08:21hrs | 538 | by Staff reporter
Mnangagwa in Cabinet shocker
PRESIDENT Emmerson Mnangagwa yesterday pulled a shocker when he dropped several Zanu PF party bigwigs, some who had served as Cabinet ministers for several years, and appointed three technocrats - for...Published: 08 Sep 2018 at 07:14hrs | 2780 | by Staff Reporter
Mnangagwa chooses strong team for Cabinet
President Mnangagwa promised a new-look Cabinet of high-end talent and yesterday he delivered with a core of seasoned political leaders joined by lot of new faces, almost all being top professionals i...Published: 08 Sep 2018 at 06:52hrs | 1534 | by Herald Editorial Comment
Know your Minister of Finance Prof Mthuli Ncube
Professor Mthuli Ncube is currently Managing Director and Head of Quantum Global Research Lab (Switzerland), part of Quantum Global Group, the largest Private Equity group dedicated to investing in Af...Published: 07 Sep 2018 at 19:14hrs | 12169 | by Staff Reporter
Legitimacy comes from the people, Cdes!
OUR doubts about the efficacy of our hopeless legal system have now been proved beyond any reasonable doubt. After that charade of an election court hearing, it is little wonder this country is in the...Published: 06 Sep 2018 at 15:56hrs | 1590 | by CZ
Zesa's $20 million transformers burden
NATIONAL power utility, ZESA Holdings, requires a staggering $20 million to replace over 4 000 transformers that were either vandalised or stolen across the country. Government says thieves ar...Published: 04 Sep 2018 at 06:23hrs | 678 | by Staff reporter
Zimbabwe fuel consumption spikes 24%
Fuel consumption has spiked 24 percent to 752,4 million litres between January and June this year, largely in response to rising economic activity sparked by renewed investor confidence following the ...Published: 03 Sep 2018 at 07:12hrs | 1071 | by Staff reporter
ZACC sets up special unit
The Zimbabwe Anti-Corruption Commission has established a special Economy and Trade unit to investigate on fraud, tax violations and economic sabotage in the public and private sectors.The tea...Published: 02 Sep 2018 at 08:50hrs | 163 | by Staff reporter
Mnangagwa challenges banks to support farmers
President Emmerson Mnangagwa has challenged the banking sector to support economic revival, which has gathered pace in the last eight months, by extending loans to farmers at affordable interest rates...Published: 31 Aug 2018 at 06:38hrs | 129 | by Staff reporter
Diaspora ready to assist Bulawayo industry
AILING Bulawayo industries could tap into financial resources owned by diaspora citizens to turnaround industrial operations and restore the city's manufacturing status, accomplished banker and one of...Published: 30 Aug 2018 at 06:13hrs | 447 | by Staff reporter
Why RBZ cash injections won't ease crisis
SINCE the Reserve Bank of Zimbabwe (RBZ) announced incremental cash injections into the economy in July, bank queues have persisted; demand for foreign exchange has remained high while the parallel ma...Published: 23 Aug 2018 at 06:38hrs | 985 | by Staff reporter
Who is Professor Mthuli Ncube?
PROFESSOR Mthuli NCUBE is a financial, economics, investment, and public policy expert. He has vast experience and worked in the private sector, public sector, academia, and international financial in...Published: 21 Aug 2018 at 17:51hrs | 9421 | by Agencies
Chamisa poll dispute pushes up forex rates
Economists expect real-time gross settlement (RTGS) and EcoCash transfers to initially gain against the United States dollar for a while once the dispute over election results is finalised, before slu...Published: 19 Aug 2018 at 06:50hrs | 1507 | by Staff reporter
Vingirai to regain control of seized banking assets
VETERAN banker Nicholas Vingirai stands to regain full control of his banking assets which were controversially seized by government in 2004 and later sold to ZB Holdings, once a deal to split the int...Published: 10 Aug 2018 at 11:32hrs | 1147 | by Staff reporter
Suspected robbers nabbed after killing top banker's son
Three suspected robbers who killed top banker Joshua Tapambgwa's son, David, during a robbery last month, appeared at the Harare Magistrates' Court on Friday facing a murder charge.Farai Chika...Published: 06 Aug 2018 at 07:23hrs | 2767 | by Staff reporter
Promoting savings culture in Zimbabwe indispensable
Since time immemorial, generations have been saving. And going down the memory lane, lessons can be learnt from the Zunde raMambo concept from the Zimbabwean tradition where the kings store and preser...Published: 30 Jul 2018 at 07:06hrs | 89 | by Dephine Mazambani
Top banker's son shot dead in robbery
Police have launched a manhunt for armed robbers who broke into the home of Stanbic bank chief executive Joshua Tapambgwa and killed his son, David, during a robbery.National police spokespers...Published: 27 Jul 2018 at 07:34hrs | 2486 | by Staff reporter
Why I believe in Zimbabwe
For the last six months I have been working in Zimbabwe in my role as international consultant to the China Railway Group to understand how infrastructure and related trade projects under China's "One...Published: 25 Jul 2018 at 07:44hrs | 444 | by Sir Richard Heygate
Zanu-PF, MDC Alliance snub constituency debate
RESIDENTS of Harare's Braeside community on Saturday organised a public debate for parliamentary and local government candidates contesting in the area, but Zanu PF and MDC Alliance candidates alleged...Published: 23 Jul 2018 at 06:59hrs | 319 | by Staff reporter
Infrastructure financing key for Zim's economy
Infrastructure is the backbone of economies throughout the universe. An efficient and well-maintained infrastructure is critical in sustaining an economy.Infrastructure is considered a key com...Published: 19 Jul 2018 at 06:36hrs | 248 | by Dephine Mazambani
Black market rates hit 100% ceiling, why and how?
PARALLEL market rates have finally hit 100% when using EcoCash or bank transfers to buy the greenback, the first time they have reached such a rate since dollarisation and the main question now is how...Published: 18 Jul 2018 at 07:28hrs | 3746 | by Staff reporter
Fading giants name new club boss
DYNAMOS have ended weeks of speculation and named long-serving benefactor Solomon Sanyamandwe as their new club president. The Glamour Boys have been without a president since Kenny Mubaiwa quit in a ...Published: 18 Jul 2018 at 06:24hrs | 737 | by Staff rpeorter
The people who cast the votes decide nothing. The people who count the votes decide everything
I hate to be the source for sad news but the opposition party behavior has betrayed the change people were looking for. Mnangagwa is allowing a free and fair vote, and he will win even though th...Published: 16 Jul 2018 at 07:34hrs | 1695 | by Sam Wezhira
RBZ increases cash injections to $150m
RESERVE Bank of Zimbabwe governor John Mangudya says the central bank has increased the foreign currency injections into the economy by 50% to $150 million a month to ease forex shortages.This...Published: 16 Jul 2018 at 07:20hrs | 1572 | by Staff reporter
AfDB signs agreements with Zimbabwe firms
The African Development Bank (AfDB) has signed two non-disclosure agreements with Zimbabwean companies,which pave the way for the sharing of information amid optimism the bank would disburse funding t...Published: 15 Jul 2018 at 17:03hrs | 202 | by Staff reporter
Banker promises to transform Harare CBD
BANKER and economic development consultant, Kudzai Mubaiwa promises to help transform the Harare central business district (CBD) and city into an economic empowerment hub if elected as an independent ...Published: 14 Jul 2018 at 11:51hrs | 621 | by Staff reporter
Soldiers' salary increase has ripple effects: ZCTU
THE Zimbabwe Congress of Trade Unions yesterday said the 22% salary increment awarded to soldiers has triggered more unions to press for higher pay, and will result in government printing money to pay...Published: 14 Jul 2018 at 11:43hrs | 821 | by Staff reporter
Tobacco fails to deliver forex relief
IH Securities says the economy is yet to feel the impact of the tobacco export proceeds despite being over 90 days into the season.In IH Securities outlook for the month released recently, the...Published: 13 Jul 2018 at 07:23hrs | 141 | by Staff reporter
Harare City misses its deadline
HARARE City Council has missed the deadline it had set for recruitment of a town clerk, with the human resources committee blaming the mayor, Bernard Manyenyeni, for the delay.Council, three w...Published: 10 Jul 2018 at 07:29hrs | 179 | by Staff rpeorter
British banker opens stockbroking firm in Zimbabwe
A consortium of British fund managers, led by Nigel Little, has been approved to open stockbroking firm in Zimbabwe, the ...Published: 05 Jul 2018 at 11:19hrs | 2680 | by Staff reporter
Mnangagwa open to domestic capital
PRESIDENT Emmerson Mnangagwa says his government is committed to attracting and promoting domestic capital the same way it is promoting foreign direct investment. This was after several econom...Published: 05 Jul 2018 at 10:50hrs | 974 | by Staff reporter
Dembare seek Amidu return
DYNAMOS have launched a bid to woo back unsettled FC Platinum Brett Amidu, and the midfielder is one of the big name players on the team's ambitious wish list as they seek a turn of fortunes in the se...Published: 05 Jul 2018 at 07:05hrs | 430 | by Staff rpeorter
Epoupa open for Dembare business
CAMEROONIAN striker Joel Christian Epoupa claims that Dynamos are yet to approach him about a possible reunion but is quick to add that he is ready to listen to what his former club have to say....Published: 01 Jul 2018 at 08:06hrs | 655 | by Staff reporter
Zimbabwe told to prioritise domestic capital
ZIMBABWE should seriously consider boosting its economy by placing more emphasis on domestic capital over foreign investment through attractive investment packages and other incentives, analysts say....Published: 28 Jun 2018 at 09:52hrs | 593 | by Staff reporter
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