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Bitcoin's role in the rise of Decentralized Finance (DeFi)
Decentralized Finance (DeFi) has taken the world by storm in recent years, with more and more investors turning to blockchain-based financial systems to take advantage of the numerous benefits they pr...Published: 24 May 2023 at 09:38hrs | 261 | by Staff Reporter
Rostec, Zimbabwe helicopter deal in crosshairs of US sanctions
ZIMBABWE, which is under United States sanctions, has received 18 helicopters from a sanctioned Russian state entity, Rostec, for air medical services, law enforcement, as well as search-and-rescue op...Published: 22 May 2023 at 08:12hrs | 3099 | by Staff reporter
Prison walls will not change the ideals I stand for- Job Sikhala
For the purposes of the record, my name is Job Sikhala. I am tendering this statement pursuant to the provision of section 334 [3] [c] of the Criminal Procedure and Evidence. Act. [Chapter 9] I am adv...Published: 09 May 2023 at 20:08hrs | 914 | by Staff reporter
Ministry engages industry over price hikes
The Government is engaging the manufacturing and retail sectors with a view of establishing their operational challenges and arresting business malpractices causing unprecedented consumer price hikes....Published: 09 May 2023 at 06:01hrs | 127 | by Staff reporter
Shelf occupancy of locally manufactured goods rises to 80%
SHELF occupancy of locally manufactured goods has increased to 80 percent, a development which is set to continue bolstering Zimbabwe's comparative, competitive and adaptability advantages to move the...Published: 02 May 2023 at 08:58hrs | 244 | by Staff reporter
Chamisa wants election to stop 'dictatorship'
Zimbabwe's main opposition leader has insisted that his party is ready to participate in forthcoming elections, despite the rigging and repression he said was already under way to keep President Emmer...Published: 26 Apr 2023 at 20:27hrs | 757 | by Joseph Cotterill
Sister-in-law's hand cut with chainsaw
A Harare man appeared in court over the weekend for allegedly cutting his sister-in-law's right hand with a chainsaw when she asked him not to cut down trees at their home.Patrick Machowe (45)...Published: 26 Apr 2023 at 06:21hrs | 358 | by Staff reporter
The Creator says 'It's not yet Uhuru for Zimbabweans'
ZIMBABWE's main opposition leader Nelson Chamisa said there was nothing to celebrate in this week's 43rd Independence Day commemorations, given the scale of problems affecting the country.Zimb...Published: 21 Apr 2023 at 19:51hrs | 1165 | by Staff reporter
Zimbabwe lithium miner to start exports
PROSPECT Lithium Zimbabwe (PLZ) said on Thursday it was due to begin exports from Arcadia, its new Zimbabwean operation near Harare, following the completion of a US$275 million processing facility....Published: 21 Apr 2023 at 19:50hrs | 573 | by Staff reporter
Petrol, diesel US$ prices drop slightly
THE Zimbabwe Energy Regulatory Authority (Zera) yesterday reduced the United States dollar prices of petrol and diesel by one and three cents, respectively.In a statement, Zera said petrol wil...Published: 07 Apr 2023 at 09:15hrs | 197 | by Staff reporter
Chiwenga implores fair pricing model
Zimbabwean manufacturers must produce quality products to ensure Zimbabwean consumers make local products their first choice, and must give those consumers value for money, with prices reflecting the ...Published: 04 Apr 2023 at 06:23hrs | 135 | by Staff reporter
African countries must scrap passports, abolish border restrictions
Colonisation created a divided Africa.Even when King Leopold II ravaged the present day Democratic Republic of Congo, he didn't envisage that Africa would have independent states one day....Published: 19 Mar 2023 at 07:50hrs | 348 | by Evans Mathanda
Imports only occupy 20% shelf space in Zimbabwe?
IMPORTED products have been reduced to 20% on local retail shelves after the government introduced the import substitution policy, a senior government official has claimed.Government promulgat...Published: 15 Mar 2023 at 06:43hrs | 146 | by Staff reporter
Smuggler, police in 250km high speed chase
A truck driver fleeing Beitbridge Border Post with a load of smuggled groceries in his 30-tonne rig was cornered after a 250km high-speed chase and although he managed to run off into the fields, his ...Published: 13 Mar 2023 at 07:11hrs | 422 | by Staff reporter
Zimbabwe in race to introduce digital currency
Zimbabwe is in the race to become one of the first African countries to introduce a central bank digital currency (CBDC).Nigeria became the first country in Africa to issue a CBDC, the eNaira,...Published: 04 Mar 2023 at 10:25hrs | 2956 | by Staff reporter
When all friendship ceases!
Von Hornick's nine principles on National EconomyIn 1684, an Austrian lawyer-turned-civil servant, Philipp Wilhelm von Hornick, published nine principal rules of a National Economy.The...Published: 04 Mar 2023 at 07:57hrs | 111 | by Jamwanda
Shumba banned from every UK McDonald's toilet
A pervert has been banned from every McDonald's toilet in the UK after being jailed for breaching his court order.Asere Shumba was hit with the ban after being caught taking disgusting picture...Published: 02 Mar 2023 at 06:39hrs | 3936 | by Staff reporter
Chiwenga meets Swiss president
Vice President Constantino Chiwenga yesterday met Swiss President Alain Berset to whom he delivered a message from President Mnangagwa, as well as discussing about strengthening of economic cooperatio...Published: 25 Feb 2023 at 06:46hrs | 187 | by Staff reporter
Schools shut as Cyclone Freddy approaches Zimbabwe
As the fringes of Tropical Storm Freddy reached Chipinge and Chimanimani yesterday, adding to the already heavy rain and lightning that earlier in the week struck and killed one person, Zimbabwe went ...Published: 24 Feb 2023 at 07:01hrs | 275 | by Staff reporter
What happens to pupils who fail O-Level exams?
THE debate on the just released 2022 Ordinary Level examination results saw one central question popping up: what will happen to the over 70 percent of pupils who did not pass at least five ordinary l...Published: 13 Feb 2023 at 05:19hrs | 671 | by Staff reporter
Placements for 5 000 youths in agriculture
Up to 5 000 youths who graduated in Kwekwe last year after undergoing the provincial youth development skills programme will be placed on farms to boost their involvement in agricultural activities an...Published: 13 Feb 2023 at 05:15hrs | 101 | by Staff reporter
Zimbabwe starts stockpiling lithium, says Mnangagwa
Zimbabwe has to do more than ban export of lithium and other ores, insisting on processing locally before export, but now needs focused research and development towards transforming ores into domestic...Published: 05 Feb 2023 at 23:40hrs | 2398 | by Staff Reporter
American Chamber of Commerce launched in Harare
UNITED States of America-based companies are taking a keen interest in Zimbabwe through increased investment and trade.Signs of the USA warming up to business opportunities in Zimbabwe were co...Published: 02 Feb 2023 at 13:15hrs | 937 | by Staff Reporter
RBZ takes charge of in-kind mining royalties
THE Reserve Bank of Zimbabwe (RBZ) will assume responsibility for collecting, holding, and managing reserve assets from the 50 percent in-kind mining royalties in line with the latest regulations whil...Published: 26 Jan 2023 at 07:32hrs | 90 | by Staff reporter
Third World Underdevelopment - a forced condition
Underdevelopment in Africa, Latin American and much of Asia is not a condition of being several centuries behind the various kinds of transformations experienced in the capitalist centre but a conditi...Published: 14 Jan 2023 at 08:47hrs | 431 | by Maxwell Teedzai
Revived CSC fast gaining traction
THE revived Cold Storage Company (CSC), now CSC-Boustead Beef Zimbabwe, is fast gaining traction among stakeholders amid increasing business orders, as more players in the meat value chain utilise the...Published: 12 Jan 2023 at 07:23hrs | 1365 | by Staff Reporter
What can go wrong with your crypto investment?
It may be virtual money, but the value of a cryptocurrency can never be negative. To put it simply, a cryptocurrency's ...Published: 10 Jan 2023 at 16:16hrs | 233 | by Moyo Roy
Biden's US$55 billion fails to entice African countries to ditch Russia
FRESH from the US-Africa Summit in Washington DC, with a US$55 billion financial package over the next three years, African leaders from the region find themselves confronted with a reality check of a...Published: 21 Dec 2022 at 20:09hrs | 675 | by Staff reporter
Government policy destroying the formal economy
Policy missteps and inconsistency has turned the Zimbabwean economy on its head against the formal sector, posing a threat to business continuity, domestic resource mobilization and formal employment....Published: 16 Dec 2022 at 00:06hrs | 882 | by Victor Bhoroma
'More Zimbabwean made products occupying shelf space'
LOCALLY produced goods have increased shelf space occupancy in shops to 80 percent this year from 55 percent last year as domestic businesses continue to ramp up output in response to supportive Gover...Published: 06 Dec 2022 at 05:00hrs | 131 | by Staff reporter
Mnangagwa invites African finance houses for talks
ZIMBABWE is ready to tap into available financial services provided by the Africa Export and Import Bank (Afreximbank) and the African Development Bank (AfDB) to bolster its industrial transformation ...Published: 28 Nov 2022 at 04:54hrs | 224 | by Staff reporter
Kariba water levels plunge to 5,63%
ZIMBABWE's power generation capacity is likely to further decline this year due to low water levels at Lake Kariba, which have plunged to 5,63% this week from 27% last year.This comes as the c...Published: 25 Nov 2022 at 05:13hrs | 301 | by Staff reporter
Zimbabwe warms up to more investments from China
Zimbabwe stands ready to welcome more investments from China across all sectors of the economy as Harare accelerates a sustainable and mutually beneficial modernisation and industrialisation of the tw...Published: 25 Nov 2022 at 05:05hrs | 180 | by Staff reporter
Key priority projects allocated $1,1 trillion
Key infrastructure projects such as the Harare-Beitbridge highway upgrade and construction of Lake Gwayi-Shangani, have been allocated $1,1 trillion as the Government moves to accelerate their complet...Published: 25 Nov 2022 at 05:04hrs | 141 | by Staff reporter
Mnangagwa jets off again
PRESIDENT Mnangagwa was last night expected to leave Harare for Niamey, Niger, where he is set to join other Heads of State and Government today at the Session of the African Union (AU) Summit on Indu...Published: 25 Nov 2022 at 05:04hrs | 293 | by Staff reporter
Low water level threatens power generation at Lake Kariba
ZIMBABWE's power generation capacity is likely to decline this year due to low water levels at Lake Kariba, which have plunged down to 5, 63% this week from 27% last year.This comes as the cou...Published: 24 Nov 2022 at 04:58hrs | 186 | by Staff reporter
Mnangagwa installed GSU Chancellor, caps first graduands
GWANDA State University (GSU)witnessed the installation of President Mnangagwa as its first Chancellor and the capping of 15 pioneer students at the institution's inaugural graduation ceremony yesterd...Published: 19 Nov 2022 at 06:23hrs | 155 | by Staff reporter
Mnangagwa relives poisoning ordeal
PRESIDENT Emmerson Mnangagwa yesterday relived his food poisoning experience at a Zanu-PF campaign rally in Gwanda in 2017 and how he was airlifted to Gweru and later South Africa for urgent medicatio...Published: 18 Nov 2022 at 05:20hrs | 2464 | by Staff reporter
Let us decongest Bulawayo CBD Now!
Bulawayo's ever-growing informal sector needs to be decongested to high density and some middle – low density areas. It is a fact that stakeholders need to check and explore something drastic or dis...Published: 15 Nov 2022 at 12:44hrs | 3995 | by Michael Mdladla Ndiweni
Mnangagwa's govt draws down US$311m from IMF kitty
ZIMBABWE has drawn down US$311 million from the US$958 million it was allocated under extra Special Drawing Rights by the International Monetary Fund in August last year, an automatic allocation along...Published: 14 Nov 2022 at 05:09hrs | 209 | by Staff reporter
RBZ conducts digital currency survey
THE Reserve Bank of Zimbabwe (RBZ) has stepped up plans to create Zimbabwe's own Central Bank Digital Currency (CBDC) on a phased approach by carrying-out consumer perception surveys.The bank'...Published: 11 Nov 2022 at 05:04hrs | 196 | by Staff reporter
Zimbabweans target bigger share of UK's £12 billion health and social care industry
ZIMBABWEANS in the UK's health and social care sector can carve out a bigger stake and become a dominant force in this £12 billion industry if they are better organised and work together.This...Published: 10 Nov 2022 at 05:00hrs | 1577 | by Staff reporter
Zimbabwe needs 450 megawatts of imports to fill energy gap: Magombo
GOVERNMENT says the country requires energy imports of between 200 megawatts (MW) and 450MW daily from regional utilities to meet its power deficit.Zimbabwe has been reeling under rolling powe...Published: 08 Nov 2022 at 05:09hrs | 185 | by Staff reporter
Bulawayo celebrates 79 years as a city
BULAWAYO City Council (BCC) on Sunday held its annual civic service, which was punctuated by dance and song as the local authority celebrated 79 years of the declaration of Bulawayo as a city....Published: 08 Nov 2022 at 05:05hrs | 129 | by Staff reporter
Mnangagwa jets off to Egypt
PRESIDENT Mnangagwa today joins fellow world leaders in the two-day Sharm El-Sheikh Climate Implementation Summit, the first part of the high-level segment for Heads of State and Government, here at t...Published: 07 Nov 2022 at 05:23hrs | 149 | by Staff reporter
Mnangagwa son-in-law appoints AMH board rep
PRESIDENT Emmerson Mnangagwa's son-in-law, Gerald Mlotshwa, who recently acquired shares in Alpha Media Holdings (AMH), publishers of NewsDay, The Zimbabwe Independent and The Standard, has appointed ...Published: 11 Oct 2022 at 19:47hrs | 4847 | by Staff reporter
Mnangagwa to headline CEO Africa Annual Roundtable
PRESIDENT Mnangagwa is set to headline the CEO Africa Annual Roundtable 2022 to be held in Victoria Falls from 2 to 5 November. The event is being hosted by the CEO Africa Roundtable, a high-l...Published: 09 Oct 2022 at 07:54hrs | 108 | by Staff reporter
Hitech pharmaceutical warehouse opens
THE Government is determined to facilitate the modernisation of all socio-economic enablers as precursors to the attainment of rapid economic transformation, President Mnangagwa has said.The P...Published: 07 Oct 2022 at 05:56hrs | 192 | by Staff reporter
Mnangagwa's son-in-law captures Trevor Ncube's media group
PRESIDENT Emmerson Mnangagwa's son in-law Gerald Mlotshwa - a prominent lawyer married to the ruling Zanu-PF leader's daughter Farai - has now formally bought a significant equity stake at the private...Published: 02 Oct 2022 at 09:19hrs | 9443 | by Staff reporter
Ministry fails to account for donated fuel
THE Ministry of Public Service, Labour and Social Welfare has failed to account for thousands of litres of fuel donated to the government to alleviate the effects of drought and other natural hazards ...Published: 02 Oct 2022 at 09:10hrs | 164 | by Staff reporter
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