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Mnangagwa to visit Malawi
PRESIDENT Mnangagwa is expected to embark on a three-day State Visit to Malawi on Wednesday to discuss matters of mutual interest between the two African countries.In a statement, Malawi's Min...Published: 29 May 2023 at 06:30hrs | 134 | by Staff reporter
Mnangagwa must not deliver another Lima
WHITE commercial farmers forced off their land over 20 years ago have waited since 2018 — when government agreed to a compensation deal — to receive their settlements. It is important to note that...Published: 26 May 2023 at 06:41hrs | 4982 | by Staff reporter
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 | 230 | by Staff Reporter
ZCBTA statement on scrapping of duty on basic commodities
The Zimbabwe Cross Border Traders Association (ZCBTA) commends the Minister of Finance for taking appropriate steps to protect ordinary citizens and other vulnerable groups in Zimbabwe from negative i...Published: 23 May 2023 at 14:33hrs | 253 | by Erick Matotoba
The Rise of Binance Coin: Why you should consider converting BTC to BNB
So you've heard of Binance Coin (BNB) and you're wondering why you should convert Bitcoin (BTC) to BNB. In this article, we will look at the advantages of such an exchange....Published: 23 May 2023 at 14:28hrs | 161 | by Staff Reporter
'Mnangagwa must warn his Apostolic Sect supporters against child marriages'
CITIZENS Coalition for Change (CCC) Kadoma Central legislator Muchineripi Chinyanganya has called on President Emmerson Mnangagwa to urgently condemn early child marriages which are rampant in the Apo...Published: 23 May 2023 at 06:47hrs | 598 | by Staff reporter
Living the Mthuli Dream in Cowdray Park
MISS Nobuhle Nyathi has lived in Bulawayo's Cowdray Park for the entirety of her life and has always longed for meaningful development as some parts of the suburb resembled rural areas.Today, ...Published: 23 May 2023 at 06:39hrs | 1067 | by Staff reporter
Mnangagwa disappointed by some members of the business community
PRESIDENT Mnangagwa is disappointed by some members of the business community whose conduct continues to frustrate Government efforts to stabilise the economy and the current wave of price increases o...Published: 23 May 2023 at 06:36hrs | 228 | by Staff reporter
Umzingwane organises cultural, arts fest
UMZINGWANE district in Matebeleland South province has set Africa Day (May 25) as the day for its annual cultural and arts festival.Africa Day is the annual commemoration of the founding of th...Published: 22 May 2023 at 06:36hrs | 104 | by Staff reporter
ZCTU pours scorn on Mthuli Ncube's firefighting stunts
The Zimbabwe Congress of Trade Unions (ZCTU) has dismissed as futile, Finance Minister Mthuli Ncube's attempts to tame a recent price surge that has eroded incomes and brought restlessness within the ...Published: 16 May 2023 at 20:41hrs | 1206 | by Staff reporter
EFF Zimbabwe to attend EFF South Africa's 10th year anniversary commemorations
SOUTH Africa's opposition, Economic Freedom Fighters (EFF) party has invited their Zimbabwean counterparts, EFF Zimbabwe for the party's 10th-year anniversary commemorations which will be held on the ...Published: 14 May 2023 at 19:42hrs | 551 | by Staff reporter
Zimbabwe central bank confident of price stability
ABOUT $40 billion, some of which could have found its way onto the black market, has been mopped up from the market in less than 10 months through gold coins and gold-backed digital tokens, in a devel...Published: 14 May 2023 at 11:32hrs | 133 | by Staff reportetr
Zimbabwe backs new digital money with 140kg of gold
Zimbabwe has turned to digital money to help ease soaring demand for US dollars in its economy as the value of the local currency plunged.Zimbabwe used nearly 140 kilograms of gold reserves to...Published: 13 May 2023 at 18:54hrs | 282 | by Staff reporter
Mnangagwa's administration panicking
FORMER Finance minister and opposition legislator, Tendai Biti, says government's latest interventions to save the free-falling local currency expose panic in President Emmerson Mnangagwa's administra...Published: 13 May 2023 at 18:27hrs | 614 | by Staff reporter
$14 billion gold digital tokens bought so far in Zimbabwe
The Reserve Bank of Zimbabwe (RBZ) has said a total 139 570 982 milligrammes (139,57kg) of gold-backed digital tokens valued at $14 077 billion were bought during the initial sale, which opened on Mon...Published: 13 May 2023 at 18:25hrs | 98 | by Staff reporter
Zimdollar stares fresh setbacks as crisis deepens
ZIMBABWE'S currency will continue depreciating in the coming months, as multiple headwinds exert pressure on the unit, which surrendered 34% of its value to the United States dollar in April, accordin...Published: 12 May 2023 at 06:06hrs | 453 | by Staff reporter
Zimbabwe govt lifts import restrictions on basics
GOVERNMENT has lifted all restrictions on the importation of basic commodities to boost market supplies and granted 100 percent retention of domestic foreign currency earnings, with a further fine-tun...Published: 12 May 2023 at 06:00hrs | 383 | by Staff reporter
Biti takes dig at Mthuli Ncube
FORMER Finance minister Tendai Biti has taken a dig at current Treasury boss Mthuli Ncube over the free-falling local currency."There is rampant rejection of the local currency in the market,"...Published: 10 May 2023 at 06:02hrs | 2280 | by Staff reporter
Illegal food vendors overwhelm council
Crime and grime in Bulawayo's city centre has seen the rise of unlicensed food outlets and mobile vendors that thrive in illegal trade.Taking a walk in the city centre is practically a nightma...Published: 10 May 2023 at 05:58hrs | 188 | by Staff reporter
Zanu-PF, ANC 'unholy union' rapped
SECESSIONIST Mthwakazi Republic Party (MRP) has accused South Africa's African National Congress (ANC) and Zanu-PF of perpetuating Zimbabweans' suffering through their 'unholy union'.The remar...Published: 09 May 2023 at 06:13hrs | 1532 | by Staff reporter
Zimbabwe chiefs make peace pledge ahead of elections
TRADITIONAL leaders who are part of the Kushinga Peace Club in Gutu, Masvingo province, are mobilising communities to exercise peace and tolerance during this year's elections.The Kushinga Pea...Published: 08 May 2023 at 06:14hrs | 258 | by Staff reporter
'Gold tokens will unlikely save Zimdollar'
THE recently-announced gold-backed digital tokens will neither strengthen the local currency nor reduce chronic inflation because of waning market confidence and trust in government, an economic watch...Published: 08 May 2023 at 06:12hrs | 275 | by Staff reporter
Zimbabwe gold digital tokens to hit market on Monday
THE Reserve Bank of Zimbabwe (RBZ)'s will release its gold-backed digital tokens into the market on Monday to serve as both an instrument for store of value and transacting.The bank has since ...Published: 05 May 2023 at 20:22hrs | 354 | by Staff reportr
Bread price jumps 109% in Zimbabwe
THE average price of a standard loaf of bread shot to $1 800 which is equivalent to US$1,70 at the official exchange rate of $1 059,60 to the greenback.This represents a 109% hike on the $860 ...Published: 03 May 2023 at 06:07hrs | 640 | by Staff reporter
Zimbabwe's digital tokens out next month
THE Reserve Bank of Zimbabwe (RBZ) yesterday said it would start issuing gold-backed digital tokens on May 8 as one of its several measures to save the free-falling local currency.In July last...Published: 29 Apr 2023 at 07:52hrs | 415 | by Staff reporter
Why RBZ introduced the Gold-backed digital currency
With the local currency on a free-fall and Zimbabwe already a digital economy, ninety six percent of our transactions traded on digital platforms. The digital currency was long overdue. Zimbabwe is on...Published: 29 Apr 2023 at 07:07hrs | 394 | by Jacob Kudzayi Mutisi
Ncube frets over runaway forex rate
FINANCE minister Mthuli Ncube this week threatened to hike Zimbabwe's policy rate beyond 200%, if companies continue to dabble into parallel market activities.The Treasury chief, who spoke dur...Published: 28 Apr 2023 at 07:04hrs | 2089 | by Staff reporter
'Zimbabwe central bank selling gold coins at a loss'
THE Reserve Bank of Zimbabwe (RBZ) is making a huge loss by selling gold coins in local currency using the official rate as the Zimbabwean dollar continues on a free fall, a local think tank has said....Published: 27 Apr 2023 at 06:32hrs | 1069 | by Staff reporter
Large turnout at Econet's eye-catching ZITF stand
Econet Wireless Zimbabwe's stand at the ongoing Zimbabwe International Trade Fair (ZITF) is attracting a large number of visitors because of its eye-catching, digital displays and on account of the cu...Published: 27 Apr 2023 at 06:30hrs | 517 | by Staff reporter
'Black market rates to fall,' dreams RBZ
THE Reserve Bank of Zimbabwe (RBZ) is set to introduce a gold-backed digital currency to be used as legal tender for transacting in the country as part of interventions to stabilise the local currency...Published: 23 Apr 2023 at 07:48hrs | 169 | by Staff reporter
Zimbabwe central bank introduces gold-backed digital currency
THE Reserve Bank of Zimbabwe (RBZ) is set to introduce a gold-backed digital currency to be used as legal tender for transacting in the country as part of interventions to stabilise the local currency...Published: 23 Apr 2023 at 07:47hrs | 432 | by Staff reporter
Zimbabwe politics: Lineaments of stock characters
What are stock characters?LET me be basic so I am accessible to many of my readers, whatever level of education, and from whichever discipline they hail.In literature we have what are ...Published: 22 Apr 2023 at 19:00hrs | 81 | by @Jamwanda2 on Saturday
Pachedu's Gold Mafia demo flops
DATA analysts Team Pachedu yesterday cancelled their planned mass protests against the Gold Mafia kingpins at the eleventh hour citing lack of stakeholder buy-in.However, some civil society or...Published: 18 Apr 2023 at 19:53hrs | 153 | by Staff reporter
Mnangagwa should thank us, says Polad
PRINCIPALS under the Political Actors Dialogue (Polad) have claimed that they rescued the country from total economic collapse after President Emmerson Mnangagwa, after the finance ministry and the Re...Published: 17 Apr 2023 at 06:20hrs | 1115 | by Staff reporter
RBZ boss speaks on looming exit
The Reserve Bank of Zimbabwe (RBZ) governor John Mangudya says his top priorities are to leave behind a sound financial system, strong central bank, and stable prices as his two terms come to an end....Published: 16 Apr 2023 at 08:32hrs | 2565 | by Staff reporter
How does Zim expect to instill pride in liberation struggle when always moaning over defeats?
Those who follow my writings can tell how proud I am of our country's liberation history.Even when teaching my son at home, I tackle this subject with tremendous zeal and excitement.Wh...Published: 11 Apr 2023 at 09:54hrs | 464 | by Tendai Ruben Mbofana
Makandiwa's mega church opens
The United Family International Church (UFIC) led by Prophet Emmanuel Makandiwa, officially opened its mega church building in Chitungwim yesterday. The building, which accommodates 30 000 peo...Published: 10 Apr 2023 at 07:26hrs | 419 | by Staff reporter
Zimdollar hits new low
Prices of nearly all basic goods skyrocketed this week as the Zimbabwe dollar plunged in value to a record low, leaving disposable incomes dwindled, Business Times can report.The jump in price...Published: 08 Apr 2023 at 12:38hrs | 8736 | by Staff reporter
Mohadi calls on churches to take part in clean-up campaigns
Former Vice President Kembo Mohadi has urged churches to take the lead in ensuring a safe and clean environment.Addressing congregants at the Evangelical Lutheran church in Zimbabwe (ELCZ) in ...Published: 08 Apr 2023 at 08:20hrs | 73 | by Staff reporter
Reserve Bank of Zimbabwe fingered in Gold Mafia scandal
Government faces fresh dilemma on how to handle the gold smuggling and money laundering scandal exposed in a corruption busting Al Jazeera documentary after the central bank has also been fingered in ...Published: 07 Apr 2023 at 19:50hrs | 1693 | by Staff reporter
Mahere conviction on 'dead crime' draws anger
The conviction Wednesday of opposition politician Fadzayi Mahere following a two-year long trial on a crime lawyers argue was long parked away from national statutes has drawn anger from her party and...Published: 06 Apr 2023 at 20:16hrs | 592 | by Staff reporter
Bosso, Dembare clash
DOMESTIC football giants Highlanders and Dynamos will set the stage alight again this year when they clash in the Independence Trophy in a landmark outing in Mashonaland Central where this year's cele...Published: 06 Apr 2023 at 06:39hrs | 124 | by Staff reporter
Political plot to corrupt Zimbabwe's judiciary?
CORRUPT government officials are maneuvering to manipulate an anticipated investigation into allegations of misconduct and corruption against High Court judge Webster Chinhamora as he is seen to be pr...Published: 02 Apr 2023 at 11:12hrs | 641 | by Staff reporter
LIST: Top 50 African Trailblazers Awards nominees released
The inaugural Afri50 Trailblazer Awards will take place on May 1, 2023, in Johannesburg, South Africa, coinciding with Workers Day. The event will recognize 50 African trailblazers who have made a sig...Published: 01 Apr 2023 at 08:44hrs | 881 | by Mandla Ndlovu
Caledonia ramps up gold production
GROSS revenues at Victoria Falls Stock Exchange-listed Caledonia Mining Corporation grew by 17,4% to US$142 million last year compared to the same period in 2021, on the strength of increased gold out...Published: 30 Mar 2023 at 06:36hrs | 106 | by Staff reporter
Al Jazeera documentary on Zimbabwe's gold mafia won't change anything
THE whole hullabaloo about illicit gold is plain codswallop and balderdash.The country‘s detractors coalesced around George Soros and his Open Society Institute of Southern Africa are clearl...Published: 28 Mar 2023 at 06:51hrs | 988 | by Chris Mutsvangwa
The whole gold hullabaloo about Zimbabwe illicit gold is plain codswallop and balderdash
The whole gold hullabaloo about illicit gold is plain codswallop and balderdash. The country‘s detractors coalesced around George Soros and his Open Society Institute of Southern Africa are clearly ...Published: 26 Mar 2023 at 20:33hrs | 2231 | by Ambassador Christopher Mutsvangwa
Africa: Embattling a Continent
When the IMF goes to warSo the International Monetary Fund (IMF) staff has decided to grant Ukraine some whooping USD15,6 billion?Ukraine is at war with Russia.A war funded and...Published: 25 Mar 2023 at 12:59hrs | 236 | by Jamwanda2 on Saturday
What do we know about the 2023 Asia Cup?
Cricket fans have much to look forward to in 2023. As well as the regular domestic competitions of the Big Bash League (BBL) and the Indian Premier League (IPL), there are also annual international ev...Published: 23 Mar 2023 at 06:15hrs | 288 | by Staff Writer
Mnangagwa preside over Zimbabwe implosion
WHILE President Emmerson Mnangagwa claimed that the majority of his ministers were doing well - with three outstanding and two being a dismal failure - the reality on the ground is different: Zimbabwe...Published: 20 Mar 2023 at 15:05hrs | 789 | by Staff reporter
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