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Zimbabweans sink deeper into poverty
THE Zimbabwe National Statistics Agency (ZimStat) says the total consumption poverty line (TCPL) for the month of November increased 9,5% to ZWL$115,090.00 for an individual from ZWL$105,071.98 in Oct...Published: 28 Nov 2023 at 05:24hrs | 3 | by Staff reporter
Zimbabwe monthly inflation rate up 2.5%
Zimbabwe's monthly inflation rose to 2.5% in the period ending, marking a slight increase compared to the rates observed in the previous month.The Zimbabwe National Statistics Agency (Zimstat)...Published: 28 Oct 2023 at 08:01hrs | | by Staff reporter
'Majority of Zimbabweans earning peanuts'
AT LEAST 62% of Zimbabwe workers are earning measly salaries, taking about US$60 per month as of April, a latest Zimbabwe National Statistics Agency (ZimStat) 2022 second quarter labour force survey h...Published: 09 Oct 2022 at 07:55hrs | | by Staff reporter
Zanu-PF stretching the truth on prices
YOU know we are in the election season when the Zanu-PF government starts lauding itself over non-existent economic improvements.The latest self-praise comes from the Treasury, the Reserve Ban...Published: 19 Sep 2022 at 06:01hrs | | by Staff reporter
ZANU PF takes Zimbabwe 360° back to Rhodesia - country ripe for new wave of nationalism and liberation struggle!
There is a popular saying, "nothing under the sun is completely new" - as, with the planets, solar systems, galaxies, and the universe, everything simply goes round and round in circles, and repeating...Published: 21 Aug 2022 at 10:04hrs | 1 | by Tendai Ruben Mbofana
Mnangagwa govt okays US$ school fees
GOVERNMENT has given greenlight for schools to charge fees in United States (US) dollars, leading to calls for formal dollarisation as the majority of the country's workforce earn in Zimbabwe dollars....Published: 06 Aug 2022 at 19:26hrs | 81 | by Staff reporter
Chamisa flags barren Zanu-PF leadership
Citizens Coalition for Change (CCC) leader Nelson Chamisa has dismissed government's 2022 Mid-Term budget statement as a blatant certification to citizen poverty adding the fiscal blueprint was reflec...Published: 04 Aug 2022 at 22:32hrs | 12 | by Staff reporter
Zimbabwe's consumer basket now incalculable, says CCZ
THE Consumer Council of Zimbabwe (CCZ) says it has failed to calculate the price of the family food basket for the month of June due to regular price increases of basic goods and services.In M...Published: 08 Jul 2022 at 07:36hrs | 23 | by Staff reporter
Call to review Zimbabwe tax thresholds
Government has been implored to increase the exemption threshold on payroll tax to cushion workers from current challenges such as high inflation and the contagion effects of conflict between Russia a...Published: 26 Jun 2022 at 08:09hrs | | by Staff reporter
Govt slaps in face domestic workers
THE Zimbabwe Congress of Trade Unions (ZCTU) has blasted the recently gazetted minimum wages for domestic workers as pathetic.The Public Service, Labour and Social Welfare ministry recently ga...Published: 27 May 2022 at 06:44hrs | | by Staff reporter
Mnangagwa turns to Polad for economic solutions
EMBATTLED President Emmerson Mnangagwa has turned to Political Actors Dialogue (Polad) members to help him arrest the economic turmoil characterised by sky-rocketing prices of goods and services....Published: 21 May 2022 at 18:02hrs | 9 | by Staff reporter
Zimbabweans agonise over price hikes
A CROSS-SECTION of Zimbabweans, feeling the pinch of sporadic price hikes, have called for long-lasting measures to arrest the price increases as inflation continues to erode workers' salaries....Published: 27 Apr 2022 at 12:51hrs | | by Staff reporter
Civil servants' salaries war erupts
THE ruling Zanu-PF says the opposition Citizens' Coalition for Change (CCC) should call for the removal of sanctions first before advocating living wages for restless civil servants who have declared ...Published: 09 Apr 2022 at 11:14hrs | | by Staff reporter
Zimbabwe teachers declare incapacitation
THE reopening of Schools, scheduled for Monday, is in serious doubt after teachers declared they were financially hamstrung and unable to go to work.Teachers' unions Friday warned government t...Published: 05 Feb 2022 at 19:43hrs | 1 | by Staff reporter
Bread price hike exposes Zimbabwe govt rot
IN the past year, Zimbabweans have been treated to sustained State propaganda to the effect that the economy is on the recovery path.But currency volatilities have continued unabated and the a...Published: 19 Jan 2022 at 05:23hrs | 6 | by Staff reporter
2022 National Budget Expectations
Zimbabwe's national budget for 2021 is expected to be presented within the coming 30 days amid fears of a resurgence in high levels of inflation. The country's annual inflation dropped from 363% recor...Published: 01 Nov 2021 at 14:30hrs | 12 | by Victor Bhoroma
RBZ's forex auction system faces imminent collapse?
A TOP economist has warned Zimbabwe's auction system introduced by the Reserve Bank of Zimbabwe (RBZ) is facing an imminent collapse after which dollarisation will prevail 100%.Addressing Parl...Published: 10 Oct 2021 at 06:31hrs | 5 | by Staff reporter
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 | 11 | by Victor Bhoroma
Economists cautious as inflation falls
ECONOMISTS have given mixed views about Zimbabwe's decelerating annual inflation with some saying the rate could spike once spending increases.However, others told NewsDay Business yesterday t...Published: 06 Sep 2021 at 05:30hrs | 12 | by Staff reporter
2021 Mid Term Monetary & Budget analysis
The latest mid-term budget and monetary policy statements were presented in a low key mode with emphasis on avoiding policy shocks that can rock the economy. The Zimbabwean government revised upwards ...Published: 01 Sep 2021 at 15:30hrs | 2 | by Victor Bhoroma
2021 Mid-Term Budget Expectations
Zimbabwe's mid-term budget for 2021 is expected to be presented in the beginning of July amid encouraging signs of economic recovery in the last 12 months. The country is undergoing a period of relati...Published: 03 Jun 2021 at 20:21hrs | 1 | by Victor Bhoroma
The paradox of Zimbabwe's rising prices and falling inflation
FOLLOWING months of scepticism over Zimbabwe's ability to achieve its targeted annual inflation rate, some of the country's leading analysts are beginning to change theirview.Now, they fee...Published: 03 May 2021 at 06:24hrs | 2 | by Staff reporter
Mnangagwa's govt cuts off Covid-19 allowances
ABOUT 60 000 vulnerable urban families hard hit by the ravaging effects of Covid-19 last received cushion allowances from government in September 2020 as Treasury has no resources to finance the socia...Published: 23 Mar 2021 at 08:11hrs | 98 | by Staff reporter
2021 National Budget: The Good & the Bad
Zimbabwe's 2021 national budget set a taxing agenda with a 126% jump in budgeted revenues from ZW$173 billion (About US$2.12 billion) anticipated in 2020 to ZW$391.8 billion (US$4.8 billion) budgeted ...Published: 14 Dec 2020 at 13:54hrs | 2 | by Victor Bhoroma
Teachers dig in over PPE
DEFIANT teachers have dug in demanding provision of personal protective equipment for fear of contracting COVID-19 before returning to the classrooms.The teachers also vowed not to invigilate ...Published: 27 Nov 2020 at 07:23hrs | | by Staff reporter
Retailers reel under diminished demand
RETAIL outlets and corporates are reeling from a major reduction in sales volumes with some facing closure as a result of shrinking disposable income due to a weakened local currency and impact of the...Published: 04 Sep 2020 at 06:27hrs | 1 | by Staff reporter
Teachers appeal for wages above poverty line
TEACHERS unions, represented by the Zimbabwe Teachers' Union (Zimta) and the Progressive Teachers' Union of Zimbabwe (PTUZ), yesterday demanded that government pays salaries above the poverty datum li...Published: 23 Jul 2019 at 13:56hrs | 1 | by Staff reporter
Time for concrete action to end period poverty
There seems to be an erroneous feeling of respite amongst some menstrual health activists and stakeholders regarding the removal of duty and VAT on selected imported sanitary wear products by governme...Published: 03 Jul 2019 at 07:46hrs | 1 | by Theresa Farai Nyava
Chiefs urge Mnangagwa to urgently address rising cost of living
CHIEFS in the Midlands and Matabeleland regions have called on President Emmerson Mnangagwa to urgently address the rising cost of living, including sharp increases in food insecurity.Mnangagw...Published: 01 Jul 2019 at 08:04hrs | 2 | by Staff reporter
The centre can no longer hold
SIGNS of economic collapse mounted this week, with no solutions in sight, amid increasing calls for the authorities to show leadership by containing the turmoil before it spirals out of control. What ...Published: 31 May 2019 at 08:05hrs | 2 | by Staff reporter
Fostering gender equality by eradicating period poverty
Again, it is that day of the year when we commemorate International Women's Day, a day that we also take stock of the victories that have been won for girls and women so far. And again, there is not m...Published: 09 Mar 2019 at 08:41hrs | 1 | by Theresa Farai Nyava
Fostering gender equality by eradicating period poverty
Again, it is that day of the year when we commemorate International Women's Day, a day that we also take stock of the victories that have been won for girls and women so far. And again, there is not m...Published: 08 Mar 2019 at 09:57hrs | | by Theresa Farai Nyava
Zimbabwe teachers threaten January strike
TEACHERS yesterday warned that they will not report for work when schools re-open next month unless the government accedes to their demands to be paid in United States dollars.The threat was m...Published: 30 Dec 2018 at 09:28hrs | 2 | by Staff reporter
'Women reeling from impact of Mthuli Ncube tax'
Government's new monetary policy is adversely affecting the quality of life of women, the Women's Coalition of Zimbabwe (WCoZ) has said.WCoZ said the new tax on electronic payments has overbur...Published: 03 Nov 2018 at 10:07hrs | 9 | by Staff reporter
Zimbabwe teachers threaten strike over pay
Just days after the nurses' strike ended, educators in Zimbabwe are threatening to put up their own fight as soon as schools open if government does not give them a pay rise and a review of rural-base...Published: 27 Apr 2018 at 22:07hrs | | by Staff reporter
Sharp price hikes for basic goods
Consumers must brace for massive increases in the price of bread, maize-meal, cooking oil and sugar, hovering around 10 percent, as millers begin to comply with a government directive that requires th...Published: 16 Jun 2017 at 08:22hrs | 2 | by Staff reporter
Zanu-PF's poor policies driving inflation
On 11 May 2017 the Financial Gazette published a disturbing story which captured what a majority of motorists have already noticed, fuel prices going up by more than three percent."At most fil...Published: 18 May 2017 at 12:22hrs | 1 | by Jacob Mafume, PDP Spokesperson
Zanu-PF starving everyone to death
While the good rains, the country is receiving hold the of promise a bumper harvest that would save millions of Zimbabwe's poor who are surviving from hand to mouth, the Mugabe regime is more than det...Published: 03 Feb 2017 at 10:34hrs | | by Jacob Mafume
Food prices drop in Zimbabwe
Prices of goods dropped in Zimbabwe between September and October, the Consumer Council of Zimbabwe (CCZ) has said.However, the food basket decreased by a mere $1,56 from $572,78 in September ...Published: 10 Nov 2016 at 07:43hrs | 3 | by Thobekile Zhou
Mealie-meal, sugar prices up
THE price of mealie-meal and sugar has increased marginally in what could be attributed to fears over food shortages due to the El-Nino-induced drought.A snap survey conducted by Business Chro...Published: 30 Mar 2016 at 06:46hrs | 1 | by Bianca Mlilo
Consumer basket decreases to $559
The consumer basket for a family of six has marginally decreased by 0.34% to $559.11 due to minimal decline of prices of goods in the basket in September, consumer watchdog Consumer Council of Zim...Published: 05 Oct 2015 at 07:26hrs | | by Staff reporter
Bond coins, fuel price cuts result in basic commodity prices fall
The introduction of bond coins and fuel price cuts have resulted in basic commodity prices decreasing by one percent, though increasing competition among retailers and an anticipated price review mode...Published: 07 Feb 2015 at 21:53hrs | | by Staff Reporter
'All civil servants will receive their bonuses this year'
ALL civil servants will receive their bonuses this year, Public Service Minister Nicholas Goche said yesterday, quashing rumours that some government workers could miss out on the 13th cheque.The g...Published: 09 Dec 2013 at 04:32hrs | | by Staff reporter
All civil servants to get their bonuses this year says Goche
ALL civil servants will receive their bonuses this year, Public Service Minister Nicholas Goche said yesterday, quashing rumours that some government workers could miss out on the 13th cheque.The gove...Published: 07 Dec 2013 at 02:49hrs | 2 | by Staff Reporter
Pensioners to get paltry $45 as bonus
Two weeks ago, some civil servants, including members of the Zimbabwe National Army (ZNA) received their bonuses, with those in the education sector, however, expected to get theirs next month. As t...Published: 28 Nov 2013 at 10:46hrs | | by Staff reporter
Civil servants in new round of salary talks
GOVERNMENT yesterday appealed to unions representing civil servants to shun divisions and instead come to the negotiating table united to review salaries and improve working conditions.Public ...Published: 22 Nov 2013 at 02:41hrs | 1 | by Staff reporter
Civil servants receive their bonuses
IT was a case of smiling all the way to the bank yesterday as some civil servants started receiving their bonuses with those in the education sector expected to get their 13th cheque next month. ...Published: 15 Nov 2013 at 02:40hrs | 1 | by Staff reporter
Zimbabweans should brace for price hikes, says CCZ
ZIMBABWE should brace for price increases driven by rent-seeking behaviour during the festive season, the country's consumer watchdog has warned.Consumer Council of Zimbabwe (CCZ) executive R...Published: 17 Oct 2013 at 03:43hrs | | by Staff reporter
Insurance workers gets a 34% pay hike
THE least paid workers in the insurance sector have been awarded a 34 percent salary hike for the period January to December 2013, after a compromise agreement that will see the lowest paid worker get...Published: 22 Feb 2013 at 06:28hrs | | by Business Reporter
Monthly consumer basket decreases to $567
The Consumer Council of Zimbabwe says the average monthly basket for a family of six marginally decreased from the December 2012 figure of $572 to $567.90 for the month of January.The low-inco...Published: 05 Feb 2013 at 13:55hrs | | by Business reporter
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