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Gold coins' sales hit ZW$3,7 billion, 90% sales in local currency
THE Reserve Bank of Zimbabwe (RBZ) has reported that gold coins' sales have to date reached ZW$3,7 billion with 90% sales being made in the local currency.Presenting the Mid-Term Monetary Poli...Published: 18 hrs ago | 373 | by Staff reporter
Investors talk up Zimbabwe gold coins
Mosi-oa-Tunya gold coins, which were released into the market by the Reserve Bank of Zimbabwe (RBZ) on July 25, are an alternative investment option to US dollars, stocks and the property market, and ...Published: 07 Aug 2022 at 08:17hrs | 376 | by Staff reporter
85% of gold coins sold in Zimdollars
THE Reserve Bank of Zimbabwe (RBZ) has revealed that 1 500 gold coins were sold by its agents during the first week of their release onto the market, signalling a strong demand for the yellow metal cu...Published: 02 Aug 2022 at 06:53hrs | 1626 | by Staff reporter
Chamisa responsible for CCC attacks on Jonathan Moyo's family, and abuse of his late daughter
FORMER information minister Professor Jonathan Moyo, has directly blamed Citizens Coalition for Change (CCC) leader Nelson Chamisa for online attacks targeting his family, including his late daughter ...Published: 28 Jul 2022 at 06:44hrs | 7136 | by Staff reporter
If Edmund Kudzayi is gay, so is Chamisa
PROFESSOR Jonathan Moyo has jumped to the defence of journalist Edmund Kudzayi, who has over the past week fallen victim to Citizens Coalition for Change (CCC) supporters' attacks for criticising thei...Published: 28 Jul 2022 at 06:44hrs | 4176 | by Staff reporter
RBZ releases only 2 000 gold coins
THE Reserve Bank of Zimbabwe (RBZ) yesterday released 2 000 Mosi-oa-Tunya gold coins worth US$3,6 million onto the market and indicated that it would introduce smaller denominations to cater for the l...Published: 26 Jul 2022 at 06:40hrs | 2965 | by Staff reporter
Zimbabwe gold coins start circulating
THE Reserve Bank of Zimbabwe (RBZ) yesterday released the first batch of 2 000 Mosi-oa-Tunya gold coins into the market to provide a store of value alternative to the US dollar in a development expect...Published: 26 Jul 2022 at 06:36hrs | 732 | by Staff reporter
Zimbabwe gold coin out today
The Reserve Bank of Zimbabwe (RBZ) will release the Mosi-oa-Tunya gold coins onto the market today and they will be sold in local currency, US$ and other foreign currencies.Their price is base...Published: 25 Jul 2022 at 06:27hrs | 987 | by Staff reporter
More light must be shed on gold coins to instil confidence
Consumer and investor confidence will likely be a game changer as the nation waits patiently for gold coins, which will be available beginning July 25 this year.The coins will be available thr...Published: 21 Jul 2022 at 06:40hrs | 126 | by Staff reporter
Zimbabwe gold coins to be held for at least 180 days
Individuals and institutional buyers of Reserve Bank of Zimbabwe (RBZ's) gold coins will be required to hold them for at least 180 days before selling while exporters earning less than a million US do...Published: 20 Jul 2022 at 06:34hrs | 695 | by Staff reporter
Date set for Zimbabwe gold coins rollout
GOLD coins that were announced last week as a new measure and alternative to store monetary value, will be introduced into the market mid-this month and will be purchased using both foreign and local ...Published: 03 Jul 2022 at 09:28hrs | 2911 | by Staff reporter
Mapping for urban title deeds underway
Mapping of seven urban suburbs in the title formalisation process is now complete and while that process continues with the next suburbs on the list, the first stand owners being processed are now acq...Published: 22 Jun 2022 at 06:40hrs | 155 | by Staff reporter
Zanu-PF youths chide Empowerment Bank
Zanu-PF youths have accused the country's first "youth-focused" financial institution, Empowerment Bank (EB), of sabotaging President Emmerson Mnangagwa's ambitions to uplift young people.This...Published: 13 Jun 2022 at 06:48hrs | 721 | by Staff reporter
Zimbabwe banks letting down farmers
FORMER Agricultural and Rural Development Authority (Arda) board chairperson Basil Nyabadza says Zimbabwe's agricultural financing needs an overhaul because banks and other financial institutions were...Published: 11 Jun 2022 at 10:01hrs | 610 | by Staff reporter
Zimbabwe govt to back New Ziana
Necessary support will be provided to the Zimbabwe Mass Media Trust (ZMMT) by the Government as it seeks to turnaround the fortunes of New Ziana, which owns the national news agency and publishes eigh...Published: 10 Jun 2022 at 07:51hrs | 159 | by Staff reporter
Time to offer title deeds for Rural Dwellers
According to the world bank ,"Secure property rights and efficient land registration institutions are a cornerstone of any modern economy". This gives confidence to the national individuals and busine...Published: 09 Jun 2022 at 11:58hrs | 1027 | by Engineer Jacob Kudzayi Mutisi
Food insecurity now a perennial threat
Zimbabwe is set to import 400 000 metric tonnes (MT) of Maize from Zambia and Malawi to be delivered this June to alleviate a food crisis in the country. This will cost the country at least US$120 mil...Published: 08 Jun 2022 at 07:12hrs | 393 | by Victor Bhoroma
RBZ to launch collateral registry
THE Reserve Bank of Zimbabwe (RBZ) says the collateral registry, a record keeping system for the existence of security, would be launched by the third quarter of this year. The collateral regi...Published: 19 May 2022 at 06:31hrs | 101 | by Staff reporter
Mnangagwa's 'paranoid' measures roundly condemned
VARIOUS stakeholders and experts roundly condemned economic stabilisation measures introduced by President Emmerson Mnangagwa to "stop economic hitmen" from sabotaging his under-fire administration....Published: 11 May 2022 at 09:16hrs | 1727 | by Staff reporter
Schools sport remains on hold
GOVERNMENT has said sporting activities in schools remain on hold in the coming few weeks due to a possible surge in Covid-19 cases associated with winter. In her post-Cabinet briefing yesterd...Published: 11 May 2022 at 09:10hrs | 162 | by Staff reporter
Precedent that undermines credibility of Human Rights Council
On April 7, the UN General Assembly decided to suspend Russia's membership in the Human Rights Council. This establishes a destructive precedent not only for the future of the Human Rights Cou...Published: 13 Apr 2022 at 06:32hrs | 94 | by Alfred de Zayas
Govt courts banks for $2,1bn bailout
ZIMBABWE'S cash-strapped government has turned to banks for a $2,1 billion bailout to bankroll public expenditure programmes and bolster its weak cashflows.Under the programme, government will...Published: 24 Mar 2022 at 05:22hrs | 311 | by Staff reporter
How the West is plotting to exploit Africa
IF designs of global money are not stopped in their tracks, Africa is threatened with environmental degradation and nutritional poverty. If we, as Africans, do not begin to think deeply about what is ...Published: 15 Mar 2022 at 05:40hrs | 470 | by Linda Apollo
Mthuli Ncube pushes tax relief for youth
GOVERNMENT has urged companies to embrace the Youth Employment Incentive (YEIT) that will see firms employing youths below 30 years benefiting from tax exemption.Youths who are a vital cog for...Published: 12 Mar 2022 at 07:36hrs | 113 | by Staff reporter
Dynamos' Rufaro lease hits the post
DYNAMOS could lose their bid to secure Rufaro Stadium after it emerged yesterday the Harare City Council are against the idea of leasing any of their sporting facilities to individual clubs.Th...Published: 09 Mar 2022 at 06:54hrs | 165 | by Staff reporter
The end of the Petrodollar and the rise of the Petroyuan
A "Petrodollar" is a U.S. Dollar obtained through the sale of crude oil, i.e. it's a term created particularly to describe the situation of the OPEC countries, where the sale of this commodity allows ...Published: 08 Mar 2022 at 07:17hrs | 1206 | by Hugo Martins | Analyst
Mnangagwa's 'second Republic' as scandal-prone as Mugabe's govt
THERE is no difference between the administration of former president Robert Mugabe and that of his successor Emmerson Mnangagwa when it comes to public procurement as the two republics are marred by ...Published: 22 Feb 2022 at 07:23hrs | 1227 | by Staff reporter
Mnangagwa's oligarchs: The heirs of Cecil Rhodes
As Zimbabwe's economy has spiralled down, with one million economic refugees in South Africa alone and ordinary people facing shortages of food, fuel, medicine and shelter, there is a class of people ...Published: 08 Feb 2022 at 18:29hrs | 2093 | by Phillip van Niekerk and a Zim-based Research Team
Positive news on Nakamba's injury
Aston Villa's Marvelous Nakamba had been one of Steven Gerrard's most vital players since his appointment and an injury to the Zimbabwean is devastating for both the player and the English Premiership...Published: 25 Dec 2021 at 09:19hrs | 1070 | by Staff reporter
Makamba disqualified from Zanu-PF Chairmanship race
THE Zanu-PF Politburo has disqualified tycoon James Makamba from contesting the party's Mashonaland Central provincial chairman post after security chiefs gave a damning verdict on his candidature, de...Published: 22 Dec 2021 at 04:43hrs | 621 | by Staff reporter
Social media troll apologises to Makandiwa
SOUTH AFRICA-BASED Zimbabwean social media troll, Tinashe Exevier Mutamiri, has apologised to United Family International Church (UFIC) leader Emmanuel Makandiwa over statements he published online ag...Published: 01 Dec 2021 at 05:38hrs | 13 | by Staff reporter
Campbell Musiwa: Chartered Accountant par excellence
Mr Campbell Musiwa holds a Bachelor of Accountancy Degree obtained from the University of Zimbabwe as well as a Masters in Business Leadership Degree from the University of South Africa.He qua...Published: 28 Nov 2021 at 07:44hrs | 8 | by Staff reporter
Man loses property in goblin-cleansing deal
TWO self-proclaimed prophets yesterday appeared before Harare magistrate Dennis Mangosi facing fraud charges after they swindled a Tynwald man of property worth US$30 000 during a goblin-cleansi...Published: 16 Nov 2021 at 05:44hrs | 8 | by Staff reporter
Jail for failure to register deceased estates
Family members who fail to register the estate of a deceased relative within 14 days of death can be charged under the Administration of Estates Act with an offence that attracts a penalty of fines or...Published: 06 Nov 2021 at 06:17hrs | 23 | by Staff reporter
Esidakeni farm wrangle turns nasty, tomato crops destroyed
KERSHELMAR Farm, commonly known as Esidakeni, should be teeming with ready-to-harvest tomatoes at this time of the year as it is every farmer's wish to take a good crop to market.A gaze throug...Published: 30 Oct 2021 at 15:04hrs | 6 | by Staff reporter
The impact of US sanctions on Zimbabwe
WHEN the American government passed the Zimbabwe Democracy and Economic Recovery Amendment (Zidera) Act 20 years ago, it argued that the Act was not intended to punish ordinary Zimbabweans but to targ...Published: 12 Oct 2021 at 06:00hrs | 17 | by Eddie Cross
'People of Zimbabwe have become sanctions collateral damage'
WHEN the American government passed the Zidera Act 20 years ago, they argued that the Act was not intended to punish the people of Zimbabwe but to target those individuals and organisations that, in t...Published: 11 Oct 2021 at 05:54hrs | 2 | by Eddie Cross
China sees third force in huge outcry over its Zimbabwe activities
FOLLOWING months of a huge outcry over Chinese enterprises' "exploitative" strategy in Zimbabwe's mineral resources, Beijing's diplomats in Harare spoke out this week, telling the Zimbabwe Independent...Published: 08 Oct 2021 at 19:01hrs | | by Staff reporter
Popular 2021 business ideas categorised
Becoming an entrepreneur and running one's own business is regarded as extremely desirable by many - over 62% of people believe it's a good career. Unfortunately, enthusiasm for the career is not the ...Published: 06 Oct 2021 at 12:49hrs | 26 | by Staff Writer
Taming inflation is an arduous task
The Zimbabwe National Statistics Agency (Zimstat) pointed that year on year (annual) inflation rate marginally increased to 51.55% in September 2021 from 50.24% in August 2021 after 8 months of straig...Published: 06 Oct 2021 at 09:13hrs | 7 | by Victor Bhoroma
Chinese investors behaviour irks LEAD party
Labour Economists and Afrikan Democrats (LEAD) President Linda Masarira has expressed concerns over the behaviour of the Chinese investors in Zimbabwe and urged authorities to consider Zimbabwea...Published: 30 Sep 2021 at 13:49hrs | 29 | by Stephen Jakes
'Zimbabwe, China bond unbreakable'
The strong relationship between Zimbabwe and China will not be affected by false allegations by detractors, Vice President Constantino Chiwenga has said.He said China had come to the rescue of...Published: 27 Sep 2021 at 06:14hrs | | by Staff reporter
Zimbabwe mortgaging resources
ZIMBABWE'S economy remains at risk of exploitation as the government continues to mortgage natural resources to secure loans, according to Veronica Zano, an official with the Southern Africa Resource ...Published: 26 Sep 2021 at 19:46hrs | 7 | by Staff reporter
Benjani breaks silence
BENJANI MWARUWARI could probably rival Belgian Tom Saintfiet among the shortest-serving members of the Warriors technical team in local football history.He was appointed assistant coach on Aug...Published: 26 Sep 2021 at 19:34hrs | 19 | by Staff reporter
Zimbabwe exceeds Africa health funding target
ZIMBABWE has surpassed the Abuja Declaration target which requires that countries spend at least 15 percent of their national budgets on the health sector, Finance and Economic Development Minister Pr...Published: 23 Sep 2021 at 07:51hrs | 1 | by Staff reporter
I'm here to empower every woman, says Sandra Ndebele
Artiste and businesswoman, Sandra Ndebele-Sibindi, who was at the weekend appointed Bulawayo's representative for Young Women for Economic Development, has said she will work hard to ensure that women...Published: 24 Aug 2021 at 06:29hrs | 2 | by Staff reporter
RBZ establishes collateral registry
THE Reserve Bank of Zimbabwe (RBZ) is working with BSystems Limited of Ghana to operationalise the collateral registry system by year end, after the apex bank awarded the company the tender for the da...Published: 24 Aug 2021 at 06:27hrs | | by Staff reporter
UK warns citizens against doing business in Zimbabwe
THE United Kingdom (UK) has warned its citizens against doing business in Zimbabwe as the southern African country ranks among high-risk countries to set up enterprises due to prohibitive and volatile...Published: 18 Aug 2021 at 15:43hrs | 12 | by Staff reporter
RBZ hunts for $1,5 billion
GOVERNMENT yesterday began hunting for $1,5 billion to finance its operations, with the Reserve Bank of Zimbabwe (RBZ) approaching the market to invest in a two-year treasury bond.In a stateme...Published: 16 Aug 2021 at 06:49hrs | 1 | by Staff reporter
Collateral-free loans for pensioners
PENSIONERS are set to benefit from collateral-free loans through a new facility that has been developed by the National Social Security Authority (NSSA).This is the latest in a number of initi...Published: 08 Aug 2021 at 07:19hrs | 1 | by Staff reporter
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