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Zimbabwe govt posts ZiG3,4bn budget deficit
GOVERNMENT has reported a ZiG3,4 billion budget deficit for the first nine months of the year owing to inflationary pressures and growing expenditure.Finance, Economic Development and Investme...Published: 07 Nov 2024 at 07:13hrs | 268 | by Staff reporter
George Guvamatanga rules out Zimbabwe exchange-rate convergence
Zimbabwe won't allow the street rate of the ZiG to determine where its official rate should be as it isn't driven by market fundamentals, a senior Treasury official said.The ZiG is trading at ...Published: 18 Oct 2024 at 08:53hrs | 1701 | by Staff reporter
Pioneering progress amid resource constraints in African radiology and oncology
Experts are concerned about resource limits and insufficient radiology skills and services in Africa, particularly for cancer detection and treatment. As the continent grapples with the rising burden ...Published: 15 Aug 2024 at 07:41hrs | 143 | by Agencies
Job Sikhala-led group calls for protests during upcoming SADC Summit
The Job Sikhala-led National Democratic Working Group (NDWG) has called on Zimbabwean citizens to protest against what it terms the "betrayal" by the Southern African Development Community (SADC) duri...Published: 01 Aug 2024 at 16:59hrs | 1285 | by Staff reporter
Entertainment Trends in 2024: A Transformative Year
The entertainment landscape in 2024 has undergone significant innovation and transformation. As technology advances and audience preferences shift, several key trends are defining the present and futu...Published: 25 Jul 2024 at 11:48hrs | 135 | by Staff Reporter
ZiG helps maintain price stability in Zimbabwe
The price of basic commodities in Zimbabwe has remained stable in both ZiG and US dollar terms, with the local currency slightly appreciating against the US dollar due to government fiscal and monetar...Published: 03 Jul 2024 at 10:25hrs | 3 | by Staff reporter
Manhize steel plant to create 150 000 jobs within 10 years
The Dinson Iron and Steel Company (Disco) in Manhize aims to create 25,000 direct jobs and 150,000 opportunities in related industries within the next five to ten years. Currently employing nearly 2,0...Published: 23 Jun 2024 at 08:49hrs | 7 | by Staff reporter
'Mushayavanhu must assert himself as independent'
Businessman and economist, Nigel Chanakira, says the new Reserve Bank of Zimbabwe governor John Mushayavanhu must assert himself as an independent central banker to stabilise the local currency....Published: 11 Apr 2024 at 08:43hrs | | by Staff reporter
Annual independent external audit for RBZ reserves
Independent external auditors shall audit Reserve Bank of Zimbabwe (RBZ) precious minerals and foreign currency reserves backing the country's new currency, Zimbabwe Gold (ZiG), once a year as part of...Published: 11 Apr 2024 at 08:32hrs | 14 | by Staff reporter
Why Jacob Zuma is now winning court cases
On Tuesday, 9 April 2024, the electoral court set aside the IEC's decision to bar former president Jacob Zuma from running for a parliamentary seat. The IEC had disqualified Zuma due to his criminal r...Published: 10 Apr 2024 at 15:26hrs | 7 | by Siyabonga Hadebe
'New ZiG currency is a short term gimmick,' says some economist
An economic expert has criticized the recently launched Zimbabwe Gold (ZiG) currency, asserting that it lacks substance to effectively revitalize the economy, warning that the nation has once again re...Published: 06 Apr 2024 at 08:13hrs | 5 | by Staff reporter
Job Sikhala - Morgan Komichi unite to revive Tsvangirai legacy
Veteran opposition figures Job Sikhala and Morgan Komichi are poised to forge a formidable alliance, signalling the birth of a new political movement reminiscent of the legacy of the late Morgan Tsvan...Published: 19 Mar 2024 at 12:49hrs | | by George Tshuma
Zimbabwe warned to brace for fresh cyclone
ZIMBABWE has been warned to be on high alert for yet another tropical storm, Cyclone Belal, which barrelled down the Indian Ocean island of La Réunion yesterday and is heading for Madagascar's east c...Published: 17 Jan 2024 at 04:52hrs | 2 | by Staff reporter
Zimbabwe's Meteorological Services Department issues heavy rains warning
THE Meteorological Services Department (MSD) has advised that heavy rains in excess of 50mm accompanied by lightning and strong winds are expected along the main watershed, which is the region straddl...Published: 11 Jan 2024 at 05:15hrs | | by Staff reporter
Met Dept issues heavy rains alert
HEAVY rains are expected across much of the country for the next seven days from today to Wednesday next week, the Meteorological Services Department forecasts, as the Inter-Tropical Convergence Zone ...Published: 11 Jan 2024 at 05:12hrs | 1 | by Staff reporter
Industrial applications of Gold Nanotechnology and their trading potential
The intersection of gold with nanotechnology is opening up new frontiers in various industrial sectors. Gold nanotechnology involves the use of gold nanoparticles, which are particles of gold that are...Published: 14 Dec 2023 at 09:10hrs | 12 | by Staff Reporter
Media development in Zimbabwe imperative
Media Institute for Southern Africa regional director Tabani Moyo has said media development in Zimbabwe requires a holistic approach, alive to the gains accrued thus far and complex enough to connect...Published: 13 Dec 2023 at 09:19hrs | | by Stephen Jakes
Mthuli Ncube increases toll fees by 150% in US$ terms
Due to limited resources, Finance and Investment Promotion Minister, Mthuli Ncube, has presented a 2024 National Budget totaling ZWL58.2 trillion, implementing deep tax measures to address financial c...Published: 30 Nov 2023 at 20:08hrs | 8 | by Staff reporter
The real risk of Chamisa's temporary solutions to permanent problems
THE political arena has had rich pickings for pundits in the past few days. On the one hand, the Citizens Coalition for Change (CCC) circus of recalls of its elected members continues.It start...Published: 25 Nov 2023 at 07:47hrs | 11 | by Ntando Dumani
Mnangagwa miserably failed to utilise the coup d'état dividend
Robert Mugabe on Herbert Chitepo (and a Rejoinder on the Missed Opportunity of the 2017 Coup)Book Excerpt from: In Search of the Elusive Zimbabwean Dream, Volume III (Ideas & Solutions)...Published: 24 Nov 2023 at 16:49hrs | 19 | by Professor Arthur G.O. Mutambara
Nelson Chamisa's worst nightmare
ON November 4 2023, the High Court of Zimbabwe issued a judgment in favour of Sengezo Tshabangu in the case of Prince Dubeko Sibanda and others.The case was filed by former legislators, who we...Published: 18 Nov 2023 at 19:44hrs | 2 | by Liam Kanhenga & Youngerson Matete
PHOTOS: Eye surgeries...army doctors step in
In a groundbreaking display of compassion and commitment to the well-being of its citizens, the Zimbabwe National Army (ZNA) has embarked on a noble mission, offering free eye cataract surgeries in th...Published: 12 Nov 2023 at 12:34hrs | 12 | by Mandla Ndlovu
Chamisa in a catch-22 situation
I MUST begin by apologising, dear reader, for not informing you that I will no longer deliver my instalment weekly as had become the tradition.I received a few inquiries and some scolding from...Published: 27 Oct 2023 at 19:16hrs | | by Ntando Dumani
Mthuli Ncube says Zimbabwe's economy remains on positive trajectory
The country's economy remains on a positive growth trajectory with the prevailing macro-economic stability expected to continue, Finance and Investment Promotion Minister Professor Mthuli Ncube has sa...Published: 03 Oct 2023 at 06:10hrs | 1 | by Staff reporter
CCC's Prince Dubeko Sibanda outsmarts ZANU PF's Richard Moyo in Matebeleland North
Matabeleland North province has been known to be a ZANU PF stronghold and no go area for the opposition. Political dynamics have evolved, shaping the landscape and ideologies within a given region...Published: 05 Sep 2023 at 12:17hrs | | by Richard Munkuli Binga
Lawyers 4ED launched, challenged to advance development
President Mnangagwa yesterday called on lawyers to be steadfast in defending the country's sovereignty and independence and challenged them to entrench and deepen legal frameworks and institutions tha...Published: 08 Aug 2023 at 06:46hrs | 13 | by Staff reporter
Zimbabwe needs change in governance system as much as change of government!
As the crucial 23rd August 2023 Zimbabwe harmonized elections beckon, all competing political players appear to have one convergence point for a chance to be voted into power.Regardl...Published: 20 Jul 2023 at 18:22hrs | 1 | by Tendai Ruben Mbofana
Zimdollar demand soars
DEMAND for the Zimbabwean dollar continues to soar as more businesses and individuals seek to transact using the local currency, which has regained its lost value for the third consecutive time at the...Published: 05 Jul 2023 at 07:15hrs | | by Staff reporter
Kasukuwere: Popular delusions or realpolitik?
THE nomination court has sat and registered aspiring candidates for the upcoming polls. The process was marred with drama generally, but it was the presumptive presidential candidates that provided th...Published: 04 Jul 2023 at 19:43hrs | 1 | by Ntando Dumani
Forex rate premium falls
THE parallel market exchange rate premium has fallen below 50 percent, as policy interventions by the Government continue to drive appreciation of the Zimbabwe dollar, but pockets of resistance remain...Published: 02 Jul 2023 at 07:37hrs | 7 | by Staff reporter
Zimbabwe's future is debated in the city but decided in the village
THE electoral lines have been drawn as we face the impending reckoning of the August 23 general election. Intra-party squabbles have been settled regarding who will be the torch bearer in what ward or...Published: 25 Jun 2023 at 18:23hrs | 9 | by Ntando Dumani
Money-spinning in Zimbabwe shadow economy
WHILE local shoppers traditionally flocked to big groceries and supermarkets for bargains on consumer goods, of late, they have been trooping to "tuckshops" in downtown Harare, where basic commodities...Published: 25 Jun 2023 at 09:31hrs | 3 | by Staff reporter
Convergence of official and unofficial exchange rates possible, says IMF
THE International Monetary Fund has urged Zimbabwe to take further steps on currency reform after the southern African nation stopped short of free-floating its local dollar. The credibility a...Published: 14 Jun 2023 at 06:32hrs | 1 | by Staff reporter
Zimbabwe is heading towards economic armageddon, says America's Steve Hanke
Steve Hanke, a Professor of Applied Economics at The Johns Hopkins University in Baltimore, USA, has predicted a catastrophic downfall of the Zimbabwean economy describing its trajectory as "heading t...Published: 13 Jun 2023 at 14:29hrs | 1 | by Staff reporter
CCC linked ZCTU says 'No party owns us'
THE Zimbabwe Congress of Trade Unions says it has a mutual understanding with political parties that push the agenda of uplifting the welfare of suffering workers.ZCTU vice-president Valentine...Published: 03 May 2023 at 06:06hrs | 1 | 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 | 10 | by Staff reporter
SADC urged to monitor regime change NGOs
SADC countries must vigorously monitor the activities of non-governmental organisations (NGOs) operating in their respective jurisdictions to ensure they do not deviate from their mandates and also de...Published: 19 Mar 2023 at 07:46hrs | | by Staff reporter
Zimdollar official rate converges with black market premium on RBZ Auction
THE Zimdollar official exchange rate has converged with the parallel market premiums while at the same time falling within internationally acceptable margins the Reserve Bank of Zimbabwe (RBZ) Foreign...Published: 15 Feb 2023 at 05:04hrs | | by Staff reporter
Chamisa's CCC rules out primary elections
THE opposition Citizens Coalition for Change (CCC) has revealed that it will not hold primary elections to select candidates for this year's polls.The decision will undoubtedly set tongues wag...Published: 07 Feb 2023 at 05:04hrs | 21 | by Staff reporter
Polad gobbles millions in taxpayers' money
President Emmerson Mnangagwa's creation, the Political Actors Dialogue (Polad), hangs in the balance after gobbling millions of dollars in taxpayers' money as Zimbabwe hurtles towards make-or-break ge...Published: 03 Feb 2023 at 19:13hrs | | by Staff reporter
RBZ blacklists 11 firms over black market deals, overpricing
SIX contractors that were doing business with Government have been blacklisted by the Reserve Bank of Zimbabwe (RBZ)'s Financial Intelligence Unit (FIU) for trading on the foreign currency black marke...Published: 29 Jan 2023 at 07:42hrs | 9 | by Staff Reporter
Zimbabwe needs new blood
The volatile political and social situation in the country is a reflection of what was left by the former President Robert Mugabe and Emmerson Mnangagwa has managed to perfect the art of bad governanc...Published: 23 Jan 2023 at 16:31hrs | | by Leonard Koni
Mnangagwa attends colourful Mbasogo inauguration
PRESIDENT Mnangagwa was among high profile dignitaries from several countries who joined thousands of local people here yesterday to witness the inauguration of Equatorial Guinea President, Teodoro Ob...Published: 09 Dec 2022 at 05:09hrs | 6 | by Staff reporter
'Selfish' CCC MPs defend US$40,000 loans
OPPOSITION Citizens Coalition for Change (CCC) Members of Parliament yesterday said there was nothing wrong in them accepting the US$40 000 housing loans despite criticism by their leader Nelson Chami...Published: 08 Dec 2022 at 05:11hrs | 1 | by Staff reporter
Zimbabwe military shops for arms in Pakistan
A HIGH-POWERED delegation of military officers led by Air Force of Zimbabwe (AFZ) Air Vice Marshall Biltim Chingono was in Pakistan this month to inspect modern aircraft and armaments during a d...Published: 25 Nov 2022 at 18:22hrs | 1 | by Staff reporter
'Small gold coins will further anchor stability'
The introduction of small gold coins last week is expected to further stabilise the exchange rate, Reserve Bank of Zimbabwe (RBZ) governor Dr John Mangudya has said.Large-denomination bullion ...Published: 20 Nov 2022 at 15:34hrs | | by Staff reporter
Mnangagwa gives ambassadors new orders
ZIMBABWE's engagement and re-engagement drive has assumed new levels after President Mnangagwa yesterday met Zimbabwean Ambassadors accredited to foreign missions in a closed-door meeting at State Hou...Published: 13 Nov 2022 at 17:29hrs | | by Staff reporter
Zesa to bill in local, US dollars
WITH official and black market foreign currency exchange rates moving towards convergence, the Government is considering allowing customers to settle their electricity bills using either local currenc...Published: 23 Oct 2022 at 09:07hrs | | by Staff reporter
RBZ projects 50% annual inflation rate by year end
A total of 10 400 gold coins have been sold to date, with companies dominating the buyers list in a development which has gone a long way in mopping up excess liquidity, Reserve Bank of Zimbabwe (RBZ)...Published: 22 Oct 2022 at 05:43hrs | | by Staff reporter
Mashonalanders and Mnangagwa takes over Gukurahundi genocide resolution
PRESIDENT Mnangagwa has launched a manual on the Gukurahundi community engagement processes by chiefs including a report on their consultative meetings as the Second Republic takes a bold step towards...Published: 18 Oct 2022 at 05:56hrs | | by Staff reporter
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