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Chinese firm to set up hospital in Zimbabwe
A group of doctors here intend to build a hospital in Zimbabwe specialising in Chinese medicine and a feasibility study for the project will be done at the beginning of next year, renowned Chinese med...Published: 17 hrs ago | 319 | by Staff reporter
10 Zimra officers, agents arrested for 'smuggling vehicles into Zimbabwe'
The Zimbabwe Anti-Corruption Commission (ZACC) has arrested 10 Zimbabwe Revenue Authority (Zimra) officers and agents stationed at Beitbridge Border Post on allegations of smuggling vehicles into the ...Published: 20 hrs ago | 1948 | by Staff Reporter
We're creating economic space for business, says Mnangagwa
Zimbabwe's economy is on the right path and Government continues to craft policies that seek to protect investments while creating an environment for business to thrive, President Mnangagwa said yeste...Published: 20 hrs ago | 1094 | by Staff Reporter
Mnangagwa gobbles over US$11,4m on foreign trips
PRESIDENT Emmerson Mnangagwa and his bloated entourage splashed US$12 million on travel expenses between January and September this year at a time government is battling to contain an intractable econ...Published: 06 Dec 2019 at 07:33hrs | 966 | by Staff reporter
Sense of crisis in Zimbabwe worsens
President Emmerson Mnangagwa wants "time, patience, unity of purpose and perseverance", to get Zimbabwe's stuttering economy working again. The economy was "dead" under his predecessor and mentor, the...Published: 06 Dec 2019 at 07:32hrs | 998 | by Staff reporter
IMF team jets in for crucial talks
A six member delegation from the International Monetary Fund (IMF) led by Gene Leon jetted into the country this week for crucial meetings to revive the Staff Monitored Programme (SMP), which stalled ...Published: 06 Dec 2019 at 07:30hrs | 884 | by Staff reporter
Zimra moves to block smuggled vehicles
Zimra has intensified its crackdown on smuggled vehicles by blocking the cars in the system with a view to recover them. Last month, Zimra released a list of 433 vehicles detailing registratio...Published: 06 Dec 2019 at 07:28hrs | 1338 | by Staff reporter
Chinese electric bus firm to set up plant in Zimbabwe
TRANSPORT problems facing Zimbabwe's rural and urban populations could soon be over, amid indications that a Chinese electric bus manufacturer intends to set up an assembly plant in Harare. The settin...Published: 06 Dec 2019 at 07:14hrs | 597 | by Staff reporter
Roller meal price to fall
A new Government subsidy on roller meal, which will halve the retail price of a 10kg pack to $50, will be seen on shop shelves over the next few days. The subsidy, paid only on roller meal and...Published: 06 Dec 2019 at 07:04hrs | 187 | by Staff reporter
Zimbabwe needs commodities exchange markets
The recent revelations by the Zimbabwean government that the country loses over 30 tonnes of Gold (Worth around US$2 billion) to South Africa and other world markets, through smuggling every year are ...Published: 04 Dec 2019 at 10:14hrs | 783 | by Victor Bhoroma
Mining firms anchoring power imports: ZETDC
Zimbabwe Electricity Transmission and Distribution Company (ZETDC) acting director Ralph Katsande has said large mining firms are sustaining the country's power imports.To mitigate constant po...Published: 04 Dec 2019 at 09:24hrs | 624 | by Staff reporter
Zimbabwe still has investment opportunities
ZIMBABWE still has investment opportunities despite facing economic hardships, Takura Capital Partners investment executive, Tafadzwa Nyamayi has said.Takura Capital is an investment holding c...Published: 04 Dec 2019 at 09:21hrs | 332 | by Staff reporter
Cabs to close 4 branches
OLD Mutual subsidiary, Cabs is shutting down four branches by end of January next year as the financial institution streamlines its business model in response to the tough operating environment....Published: 04 Dec 2019 at 09:21hrs | 2336 | by Staff reporter
Introduction of new currency a piecemeal solution
DURING the 2020 national budget presentation in Parliament last month, Finance minister Mthuli Ncube held up a note of the new Zimbabwe dollar and proudly announced that it was tough and resilient....Published: 04 Dec 2019 at 09:20hrs | 1102 | by Staff reporter
Zimbabwe's current environment not ideal for social dialogue
SINCE the beginning of the year, Zimbabwe's government has been confronted by restive workers and their leadership from different labour unions, either threatening industrial action or alleging incapa...Published: 04 Dec 2019 at 09:18hrs | 186 | by Gibson Nyikadzino
Zanu-PF must introspect, address bread and butter issues
THE ruling Zanu-PF party holds its 18th Annual National People's Conference at Goromonzi High School in Mashonaland East province next week amid a plethora of challenges confronting the country and re...Published: 04 Dec 2019 at 09:01hrs | 153 | by chronicle
Zimbabwe imports US$1m meat from SA
Zimbabwe last year imported meat products from South Africa worth US$1 097 743 via Beitbridge Border Post. It is understood that the majority of the imports were poultry products. The Herald a...Published: 04 Dec 2019 at 09:00hrs | 291 | by Staff reporter
Zimnat launches ZFX Bureau de Change
One of the country's leading financial services providers, Zimnat, has launched its own bureau de change, ZFS Bureau de Change. The new outfit, which will be trading as ZFX Bureau de Cha...Published: 03 Dec 2019 at 21:54hrs | 177 | by Staff reporter
Flights disrupted in Zimbabwe due to 'operational limitations'
Zimbabweans finally got access to new low-denomination currency on Tuesday that authorities hope will end chronic cash shortages, but banks maintained an existing weekly withdrawal limit of $20, frust...Published: 03 Dec 2019 at 20:23hrs | 632 | by Staff reporter
Excesses against MDC crowds making bad situation worse
THE term rogue State is largely a curious one in political science, with grave connotations on how a country is perceived by other progressive nations. There is no State that formalises and prides its...Published: 03 Dec 2019 at 07:46hrs | 1523 | by Learnmore Zuze
World Bank rules out financial bailout to Mnangagwa
THE World Bank (WB) has ruled out a possible financial bailout to President Emmerson Mnangagwa's government for now, saying Zimbabwe will only continue to benefit from technical assistance, analytical...Published: 03 Dec 2019 at 07:44hrs | 5544 | by Staff reporter
Did Masiyiwa drop a clanger on Zanu-PF?
OTHER than being known as a Christian and a successful telecommunication business person nationally and globally, Strive Masiyiwa continues to be an enigma of our generation. The government fought his...Published: 03 Dec 2019 at 07:26hrs | 4153 | by Tapiwa Gomo
Mthuli Ncube budget statement a fraud, says Biti
FINANCE minister Mthuli Ncube's 2020 budget statement is in a shambles with several errors and inconsistences in figures compared to those in the proposed estimates of expenditure (Blue Book), former ...Published: 03 Dec 2019 at 07:21hrs | 379 | by Staff rpeorter
Bread price goes up
Bakers have hiked the price of bread for the seventh time this year by 2,7 percent from $14,75 to $18,45 for a standard loaf. The new prices are applicable to Baker's Inn and Lobels bread only...Published: 03 Dec 2019 at 07:19hrs | 1794 | by Staff rpeorter
Significant decline in cash premiums: RBZ
THE Reserve Bank of Zimbabwe (RBZ) Monetary Policy Committee has said the recent injection of new bank notes and coins into the system has resulted in significant decline in cash premiums. In ...Published: 03 Dec 2019 at 07:18hrs | 1975 | by Staff rpeorter
Zanu-PF diaspora to launch orchard project
THE Zanu-PF Diaspora Youth League is set to launch its fruit tree orchard project during the party's Annual People's Conference to be held in Goromonzi, Mashonaland East this month.The fruit o...Published: 03 Dec 2019 at 07:17hrs | 45 | by Staff reporter
Mthuli Ncube private prosecution fight spills into the High Court
Lawyers for a pro-democracy activist have asked the High Court to compel the Prosecutor General to issue a certificate for the private prosecution of finance minister Mthuli Ncube on corruption charge...Published: 03 Dec 2019 at 07:13hrs | 1662 | by Staff reporter
RBZ tightens monetary policy
The Reserve Bank of Zimbabwe (RBZ) says it will take measures to counter the threat of high and potentially inflationary money supply growth from the 2020 growth-oriented budget by maintaining a stran...Published: 03 Dec 2019 at 07:04hrs | 773 | by Staff reporter
Harare blows $375,000 on iPads for councillors
While Harare City Council continuously complains that poor cashflow prevents it from providing adequate water and services like refuse collection, it has just spent at least $375 000 on iPads fo...Published: 03 Dec 2019 at 07:03hrs | 106 | by Staff reporter
Zimbabwe's current economic meltdown beyond description
I am writing this piece writhing in agony because I see helplessness in our society with a moribund leadership on a broad scale. The current economic meltdown is beyond description especially given th...Published: 01 Dec 2019 at 10:20hrs | 2624 | by JJD Dube
Homes, land destroyed as gold panners invade region
Under the blazing sun, a group of men use picks and shovels to dig up a bushy patch of land outside Zimbabwe's second-largest city, stopping every few seconds to scan the soil for signs of gold....Published: 01 Dec 2019 at 06:14hrs | 786 | by Staff reporter
This is how the cash gets onto the black market
The question is, how on this cursed land is money that the Reserve Bank of Zimbabwe (RBZ) is busy printing getting onto the black market in such huge amounts? The answer is, it's taking quite a team â...Published: 01 Dec 2019 at 06:11hrs | 3238 | by Tawanda Majoni
Mnangagwa charms Bulawayo artists
The National Arts, Culture and Heritage Policy which was launched in Bulawayo by President Emmerson Mnangagwa.President Emmerson Mnangagwa played into the hearts of local artists in Bulawa...Published: 01 Dec 2019 at 06:04hrs | 387 | by Staff reporter
Expired products on shop shelves, streets
EXPIRED products are finding their way into households as unscrupulous retailers are duping their clients, The Sunday Mail Society has established.Goods ranging from dairy products, beverages,...Published: 01 Dec 2019 at 05:49hrs | 235 | by Staff rpeorter
RBZ to roll out interbank e-trading platform
Monetary authorities are looking to enhance the efficiency of the foreign exchange interbank market by introducing a new electronic trading platform.The interbank market was introduced this Fe...Published: 01 Dec 2019 at 05:49hrs | 145 | by Staff rpeorter
Bread prices go up again
THE prices of bread have gone up to $18 from $14 a loaf, further putting pressure on already overburdened consumers who are struggling to put food on the table due to the escalating prices of basic go...Published: 30 Nov 2019 at 11:49hrs | 1511 | by Staff reporter
Probe rogue RBZ, says Biti
PUBLIC Accounts Committee (PAC) chairperson Tendai Biti yesterday said the Financial Intelligence Unit (FIU) must be removed from being under the Reserve Bank of Zimbabwe (RBZ), alleging that the cent...Published: 30 Nov 2019 at 11:49hrs | 723 | by Staff reporter
Junior doctors reject Mnangagwa's 48hr offer
SACKED junior doctors Friday scoffed at President Emmerson Mnangagwa's 48 hour ultimatum for them to return to work without question.While appreciating the work done by Roman Catholic Bishops,...Published: 30 Nov 2019 at 10:46hrs | 624 | by newzimbabwe
Bring back the multi-currency regime, says Biti
FORMER Finance minister and Harare East legislator Tendai Biti says Zimbabwe needs to reintroduce the multi-currency regime, seek debt cancellation and liberalise the fuel industry, among other interv...Published: 29 Nov 2019 at 09:54hrs | 2774 | by Staff reporter
State of Zimdollar spells doom
IT can only happen in Africa; and it is, indeed, such a shame that the continent has become world famous and synonymous with leaders who are so crass that they will walk with a swagger while their nos...Published: 29 Nov 2019 at 09:39hrs | 544 | by Staff reporter
UN warns of turmoil in Zimbabwe
ZIMBABWE is on the verge of a major man-made famine characterised by partisan food distribution, repeated droughts and years of economic and financial decay that have left nearly eight million people,...Published: 29 Nov 2019 at 09:39hrs | 563 | by Staff reporter
Government to deploy doctors to major hospitals
THE Government is working on modalities to restore minimum service delivery at the country's central hospitals in Bulawayo and Harare through the deployment of clinical officers who are stationed in t...Published: 29 Nov 2019 at 09:37hrs | 298 | by Staff reporter
'Cops' arrested for robbery
FIVE men from Bulawayo who masqueraded as police officers before robbing several residents of more US$30 000 and R43 000 as well as an assortment of goods worth more than $200 000 have been arrested. ...Published: 29 Nov 2019 at 09:36hrs | 382 | by Staff reporter
'Expect steady economic recovery by December 2019' - nonsense, none as long as we remain a pariah state
"Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably...Published: 28 Nov 2019 at 10:52hrs | 1798 | by Patrick Guramatunhu
'Pepkor exit testifies Zimbabwe not open for business'
The Zimbabwean market exit by South African retailer Pepkor, which runs local retailer Power Sales, is testament that Zimbabwe is not open for business and speaks volumes about the increasingly toxic ...Published: 28 Nov 2019 at 06:44hrs | 787 | by Staff reporter
Black Friday promo for Victoria Falls Carnival
ZIMBABWEANS planning on attending the famed Victoria Falls Carnival will be spoilt to a Black Friday promotion as tickets to the festival will be sold at a discounted price tomorrow. Now in it...Published: 28 Nov 2019 at 06:24hrs | 503 | by Staff reporter
Mnangagwa intervenes, mealie meal subsidy restored
Subsidies on maize meal and rice are being restored to ensure that citizens have access to cheaper basic food stuffs and cushion them against the obtaining economic challenges, President Mnangagwa has...Published: 28 Nov 2019 at 06:24hrs | 3646 | by Staff reporter
Do we still have police in Harare?
Illegal activities around the former Ximex Mall have become a cause for concern to all and sundry.Anyone familiar with the goings-on there is shocked at how the Zimbabwe Republic Police (ZRP) ...Published: 27 Nov 2019 at 21:55hrs | 2078 | by Staff reporter
Zimdollar plunges 564% since February
The Zimbabwe dollar has depreciated by 564% to date since its introduction in February this year due to lack of market confidence and nothing to back it in terms of gold reserves and export earnings....Published: 27 Nov 2019 at 06:54hrs | 1435 | by Staff reporter
Zimra recovers 81 smuggled vehicles
THE Zimbabwe Revenue Authority (Zimra) has recovered 81 of the 433 smuggled vehicles, of which 51 have since been cleared.In an interview on Monday, Zimra spokesperson Francis Chimanda said: "...Published: 27 Nov 2019 at 06:53hrs | 963 | by Staff reporter
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