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Matutu questions Obert Mpofu degree, wealth
FORMER Zanu-PF youth league deputy secretary Lewis Matutu has questioned the party's secretary for administration Obert Mpofu's Doctor of Philosophy Degree (PHD) qualifications and his source of wealt...Published: 7 hrs ago | 1716 | by Staff reporter
US should not interfere with Zim's internal affairs
United States of America, Ambassador to Zimbabwe, Brian Nichols has been overstepping his ambassadorial mandate by involving himself in internal affairs of Zimbabwe.Ambassador Nichols is on re...Published: 14 hrs ago | 818 | by Peacemaker Zano
Bread price up 17%
BAKERS have increased the price of bread for the first time this year by about 17 percent from $18 to $21 for a standard loaf citing increased production costs and challenges in procurement of flour. ...Published: 21 hrs ago | 514 | by Staff reporter
Mnangagwaa's govt laments informalisation of economy
Government has expressed concern over a disturbing trend in which formal businesses are opting to go informal complicating calculation of their tax obligations. This is at a time the Zimbabwe ...Published: 21 hrs ago | 297 | by Staff reporter
Zimbabwe Dream houseboat heads home
The Zimbabwe Dream houseboat, a new addition to Lake Kariba's growing list of luxury boats, is making a 7-day road trip to the resort town from an engineering factory in Harare. Sitting at a s...Published: 21 hrs ago | 811 | by Staff reporter
RBZ focus on inflation, exchange rate stabilisation
Stabilising inflation and the exchange rate are the top priorities of the Reserve Bank of Zimbabwe (RBZ) this year. Speaking before the Parliamentary Portfolio Committee on Budget, Finance and...Published: 22 hrs ago | 268 | by Staff reporter
Tsenengamu says we cannot pretend all is well
Following the suspension of Zanu-PF youth league leaders Godfrey Tsenengamu and Lewis Matutu from their positions in the ruling party after they spoke strongly against corruption outside the party par...Published: 24 Feb 2020 at 07:02hrs | 2605 | by Staff reporter
Vandalism, theft threaten telecoms operations
THE Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) is rolling out consumer awareness campaigns in response to growing incidents of vandalism and theft of telecommunications in...Published: 24 Feb 2020 at 06:34hrs | 122 | by Staff reporter
$12,6 billion loans not enough, say experts
ZIMBABWE's banking sector advanced an incremental $12,6 billion across different sectors of the economy in 2019, but business analysts say the amount was not adequate to meet industry needs. L...Published: 24 Feb 2020 at 06:31hrs | 99 | by Staff reporter
July Moyo's $78m order raises eyebrows
A letter by Local Government minister July Moyo directing the Harare City Council to pay the state-linked Chemplex a staggering $78 million for water treatment chemicals has sent tongues wagging with ...Published: 23 Feb 2020 at 08:39hrs | 2589 | by Staff reporter
Zimbabweans must ignore Chamisa's calls for violence
AS MDC-Alliance leader Mr Nelson Chamisa continues his futile quest to power through the backdoor, just like before, he has announced plans to sponsor violence in the country, a grave route that has n...Published: 23 Feb 2020 at 08:24hrs | 487 | by Staff reporter
SA warns Zimbabwe
THE South African government yesterday warned that Zimbabwe risked missing on foreign direct investment (FDI) if it does not complete the ease of doing business reforms, including those that relate to...Published: 22 Feb 2020 at 16:50hrs | 6262 | by Staff reporter
'Bad laws turn Zimbabwean citizens into criminals'
SMALL and Medium Enterprises Association of Zimbabwe's (SMEZ) executive director Farai Mutambanengwe yesterday chided government's economic policies which he said are turning citizens into criminals....Published: 22 Feb 2020 at 05:50hrs | 1691 | by Staff reporter
Zimra needs monetary, fiscal alignment
THE Zimbabwe Revenue Authority (Zimra) Commissioner-General Faith Mazani has called for monetary and fiscal policies alignment as the depreciating Zimbabwe dollar (ZWL) has made it difficult to plan.&...Published: 21 Feb 2020 at 05:50hrs | 158 | by Staff reporter
Corrupt garages feed the black market'
BULAWAYO Provincial Affairs Minister, Judith Ncube, has accused some fuel stations of diverting the product to the black market thereby creating an artificial shortage of the commodity in the city. ...Published: 21 Feb 2020 at 05:39hrs | 311 | by Staff reporter
Chamisa must stop inciting violence
After almost a year of rejecting broad-based dialogue preferring exclusive discussions with Zanu-PF, MDC Alliance has shockingly claimed its efforts for talks have failed and now seeks violent confron...Published: 21 Feb 2020 at 05:30hrs | 270 | by Staff reporter
'Zimbabwe is redollarising, not de-dollarising'
On Tuesday, ZUVA Petroleum announced that eight of its service stations would be accepting foreign currency payments as number of fuel operators continue to withhold the liquid.ZUVA said four ...Published: 20 Feb 2020 at 13:29hrs | 684 | by Staff reporter
Alternatives for Matebeleland
After the signing of the Unity Accord, Zimbabwe had a semblance of National peace and calm. At face value one would think that the country was now poised towards true peace and national development. H...Published: 20 Feb 2020 at 13:26hrs | 353 | by Mthulisi Gaja Masumbilka Hanana
Sanctions a cheap excuse for failure, industry tells govt
INDUSTRY in Bulawayo yesterday challenged government to stop crying about sanctions, but start creating a conducive operating environment, give them fuel and forex for raw materials as well as sort ou...Published: 20 Feb 2020 at 13:26hrs | 269 | by Staff reporter
Mnangagwa told to demilitarise State institutions
OPPOSITION United Democratic Alliance (UDA) president Daniel Shumba has said Zimbabwe's biggest elephant in the room was the militarisation of State institutions and that any political reforms that wi...Published: 20 Feb 2020 at 13:25hrs | 279 | by Staff reporter
Mzembi's party slams govt for policy inconsistencies
THE party led by Zimbabwe former Foreign Affairs and Tourism Minister Dr. Walter Mzembi the People's Party (ZPP) has slamed Zimbabwe govermnent for policy inconsistencies after it allowed Zuva Petrole...Published: 20 Feb 2020 at 05:57hrs | 2197 | by Staff reporter
Chamisa threatens to unleash as he goes for 'radical' & disruptive approach
MDC Alliance leader Mr Nelson Chamisa yesterday said his party is planning to plunge the country into an orgy of violence as it has abandoned its calls for dialogue. Mr Chamisa lost to P...Published: 20 Feb 2020 at 05:27hrs | 1024 | by Staff reporter
Traders pushing for special travel documents
Informal Traders in Bulawayo have embarked in efforts to push authorities to provide special travel documents for the traders as they wait for their passports considering the long waiting time before ...Published: 19 Feb 2020 at 14:21hrs | 585 | by Stephen Jakes
Harare city desperate to make money
Harare City Council is reportedly desperate for money yet it is accused of caring less for the ratepayers.Harare Residents Association in a statement said the City of Harare is too desperate t...Published: 19 Feb 2020 at 14:08hrs | 1129 | by Stephen Jakes
ZUVA petroleum preferential foreign currency exemption
The recent announcement by Zuva Petroleum company that eight of their service stations have been granted DFI status, allowing them to receipt and sell fuel in foreign currency, is yet another example ...Published: 19 Feb 2020 at 11:48hrs | 2816 | by Lloyd Msipa, PP Secretary General
Mangudya and Mthuli's economic policies failing as the RTGS tumbles
As the Zimbabwe's economy meltdown continues to hit the vulnerable people from both the urban and rural areas, President Emmerson Mnangagwa's new dispensation has been put on a litmus test...Published: 19 Feb 2020 at 07:42hrs | 4383 | by Leonard Koni
Maize scam sucks in GMB executives
Grain Marketing Board (GMB) senior executives were yesterday accused of allocating subsidised maize to millers who are allegedly diverting it to the black market and countries like the Democratic Repu...Published: 19 Feb 2020 at 06:25hrs | 396 | by Staff reporter
Lest we forget about Mthuli Ncube
VERY much in our memory and captured on camera, sometime back, Finance and Economic Development minister Mthuli Ncube referred to our bond notes as "bad money driving out good money" such that he wish...Published: 18 Feb 2020 at 20:15hrs | 1089 | by Kurauone Mutemaringa
RBZ, industry disagree on de-dollarisation
The Reserve Bank of Zimbabwe (RBZ) and captains of industry on Friday sharply differed on the currency in use in local trading.Government mid-last year outlawed use of multi currencies i...Published: 18 Feb 2020 at 06:33hrs | 5886 | by Staff reporter
Villagers told not to pay for food aid
VILLAGERS receiving food aid should not contribute money towards its transportation as that is the responsibility of the local authorities. In an interview yesterday, the Minister of State for...Published: 18 Feb 2020 at 05:41hrs | 302 | by Staff reporter
5 years to full de-dollarisation
THE Reserve Bank of Zimbabwe (RBZ) says the country has registered significant progress in embracing the use of the local currency since its adoption in June last year but expects complete de-dollaris...Published: 18 Feb 2020 at 05:39hrs | 738 | by Staff reporter
The market has redollarised, says Biti
MDC vice-president Tendai Biti (TB), who during the inclusive government era, served as Finance minister speaks to NewsDay (ND) senior reporter Blessed Mhlanga on the failing Zimbabwe dollar and other...Published: 17 Feb 2020 at 10:45hrs | 1976 | by Staff reporter
Zanu-PF ex-youth leaders accepts censure, retraining
Zanu-PF has commended the acceptance of censure and rehabilitation by former Youth League leaders Lewis Matutu and Godfrey Tsenengamu. Matutu was the deputy secretary for youth affairs while T...Published: 17 Feb 2020 at 06:05hrs | 811 | by Staff reporter
Zimbabwe Industry capacity utilisation to fall to 27%
The Confederation of Zimbabwe Industries (CZI) has projected that industry's capacity utilisation will fall to 27% this year if the government does not change its policy direction.According to...Published: 16 Feb 2020 at 08:44hrs | 334 | by Staff reporter
'Zimbabwe's economy most vulnerable in the region'
ZIMBABWE'S economy is vulnerable, with its growth trends now 2% below the average of sub-Saharan Africa's economic expansion, partly due to exchange rate misalignment, volatile weather patterns, and u...Published: 16 Feb 2020 at 08:43hrs | 420 | by Staff reporter
Living minimum wage issue should be taken seriously
IT is quite unfortunate that the salary talks in the Tripartite Negotiating Forum have stalled simply because the parties failed to agree on a minimum wage. The issue of a living minimum wage should b...Published: 15 Feb 2020 at 11:19hrs | 103 | by Staff reporter
Mugabe's legacy and Shona triumphalism: Zimbabwe's case for a two-state solution
ZIMBABWE, which was called Rhodesia before its attainment of independence in 1980, is a former British colony.Although there are over ten tribes that inhabit the country, Zimbabwe can neatly b...Published: 14 Feb 2020 at 17:59hrs | 4466 | by George Mkhwanazi
Mobile banking, FinTech services under threat as critical upgrade costs soar
Digital mobile banking in Zimbabwe has matured beyond the proof-of-concept stage into mainstream adoption where it is servicing millions, driving local transaction volumes and furthering financial inc...Published: 14 Feb 2020 at 12:14hrs | 1410 | by Agencies
Zimbabweans ready for Kasukuwere to lead them
Inflation in Zimbabwe has gone past the 500% mark, while salaries remain stagnant. A number of households are currently living below the poverty datum line and the future seems bleak for the 90% of th...Published: 14 Feb 2020 at 12:14hrs | 8596 | by Ntokozo Msipha
Mthuli Ncube backs wage increase calls
FINANCE and Economic Development Minister, Professor Mthuli Ncube, has backed calls for public and private sector wage increases to cushion workers from price escalation linked to foreign currency exc...Published: 14 Feb 2020 at 06:01hrs | 845 | by Staff reportert
400% rates hike for Bulawayo
GOVERNMENT has approved the Bulawayo City Council (BCC) 2020 budget which has seen the local authority increasing tariffs and other service charges by more than 400 percent with effect from February 1...Published: 13 Feb 2020 at 07:45hrs | 1314 | by Staff reporter
Mutsvangwa feud with Tagwirei exposed
The feud between Christopher Mutsvangwa, Eddie Cross with business tycoon Kuda Tagwirei is centred on the failure by the two to bring the businessman to support MOGS Oil & Gas Services' bid to tak...Published: 12 Feb 2020 at 11:59hrs | 9683 | by Staff reporter
The people using Tsenengamu and Matutu exposed
The excitement caused by the press Statements issued by the former youth league leaders is short-lived and a none event. The behaviour of the youth was not only disgusting but indeed depressing and fl...Published: 12 Feb 2020 at 10:03hrs | 4058 | by Dr Masimba Mavaza
US$17.7 million loan blocked foreigners from Feruka pipeline
The US$17.7 million loaned to government by business tycoon Kuda Tagwirei in 2018 blocked foreigners from taking over controlling stake in the Feruka pipeline.This emerged at a time when Zanu ...Published: 12 Feb 2020 at 09:45hrs | 1081 | by Paul Ndou
Market rejects Zimdollar
PRESSURE is mounting from business, labour and informal traders for government to abandon the Zimbabwe dollar, which is being rejected as a medium of exchange because of lack of confidence and its ins...Published: 12 Feb 2020 at 06:07hrs | 2483 | by Staff reporter
Bulawayo declares water crisis emergency
THE Bulawayo City Council (BCC) has applied to Government to declare the city's water crisis an emergency. BCC says the declaration will enable developmental partners to mobilise resources towards pro...Published: 12 Feb 2020 at 05:40hrs | 1177 | by Staff reporter
CBZ bows down to client backlash
FINANCIAL services group, CBZ Holdings, says it will review downwards its Point of Sale (POS) charges following a backlash from its customers. Frustrated consumers took to social media platfor...Published: 12 Feb 2020 at 05:39hrs | 3073 | by Staff reporter
Employers oppose blanket minimum wage
EMPLOYERS have said they prefer a sector-specific wage review mechanism as opposed to a national minimum wage policy being advocated by social partners under the Tripartite Negotiating Forum (TNF). ...Published: 12 Feb 2020 at 05:38hrs | 600 | by Staff reporter
BCC urged to revive city status
Bulawayo City Council has been challenged to improve the status of the city by allocating deserving places to proper businesses but not mix churches and beer outlets.Concerned business people ...Published: 11 Feb 2020 at 14:47hrs | 578 | by Staff Reporter
Minister Modi stops competitors from selling roller meal at inflated price
INDUSTRY and Commerce Deputy Minister Raj Modi yesterday intervened to stop two shops in Bulawayo from selling a 10kg bag of subsidised roller meal at an inflated price of $78. The customers w...Published: 11 Feb 2020 at 05:40hrs | 1041 | by Staff reporter
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