Search / Currency
New dispensation a far fetched idea
The much talked about the new republic has dismally failed to live to the billing. The current political and economic challenges in the country has reached another level and with a lot of peop...Published: 2 hrs ago | 587 | by Leonard Koni
Drummond Ranch: A tale of modern-day slavery
A WATERBORNE disease outbreak is looming at Beitbridge-based Drummond Ranch following revelations that workers are forced to drink unpurified water from an inland dam at the farm.The workers a...Published: 4 hrs ago | 1053 | by Nkululeko Sibanda
Army faction wants Mnangagwa gone
President Emmerson Mnangagwa's continued stay in power is now allegedly being seen as an unprecedented threat to national security, by an army faction said to be loyal to Vice President, Rtd General ...Published: 13 hrs ago | 12985 | by Spotlight Zimbabwe
Zimbabwe's currency reforms dilemma
The Zimbabwean government has indicated that the country will be launching a new currency before the end of 2019. The announcement has caused some confusion amongst businesses and the transacting publ...Published: 17 hrs ago | 1295 | by Victor Bhoroma
Zimbabwe's inflation races to 97.85%
Zimbabwe's annual inflation raced to 97.85 percent in May from 75.86 percent the previous month, the national statistics agency Zimstats said on Monday.Month-on-month, prices rose 12.54 percen...Published: 17 hrs ago | 752 | by Staff reporter
Zimbabwe's currency reforms dilemma
The Zimbabwean government has indicated that the country will be launching a new currency before the end of 2019. The announcement has caused some confusion amongst businesses and the transacting publ...Published: 18 hrs ago | 1920 | by Victor Bhoroma
Ngarivhume calls for a hunger strike against ED
In a first of its kind, the Transform Zimbabwe (TZ) leader has called for a hunger strike and picketing at Parliament against the ZANU PF government. This follows a meeting that was held yesterday in ...Published: 24 hrs ago | 2707 | by Fungai Taruvinga
Civil servants ratchet pressure over pay
CIVIL servants are today convening an urgent meeting to discuss remuneration for their members in the wake of calls by some Apex Council members for an industrial action to arm-twist government into i...Published: 17 Jun 2019 at 09:44hrs | 3846 | by Staff reporter
Minister bemoans industry collapse, deepening economic crisis
Manicaland Provincial Affairs minister Ellen Gwaradzimba has bemoaned the collapse of industry and companies in province due to the country's deepening economic woes.Speaking with businesspeop...Published: 17 Jun 2019 at 09:25hrs | 680 | by Staff reporter
Musina feels effects of Zimbabwe economic slump
SOUTH Africa's border town of Musina has witnessed a slump in business as the number of cross-border traders has dropped drastically due to economic problems of its northern neighbour.Most ret...Published: 17 Jun 2019 at 09:24hrs | 2298 | by Staff reporter
'Mnangagwa out of touch with reality'
The opposition MDC has accused President Emmerson Mnangagwa of being divorced from reality, claiming his views and understanding of the situation obtaining on the ground do no tally with the current s...Published: 17 Jun 2019 at 09:23hrs | 718 | by Staff reporter
Hope emerges in Zimbabwe
Nearly two decades after the European Union imposed sanctions on Zimbabwe, a thaw in relations is palpable, following praise by the EU ambassador and head of the EU-Zimbabwe Delegation Timo Olkkonen....Published: 17 Jun 2019 at 08:29hrs | 6298 | by EU Today
Winter of discontent for Mnangagwa
President Emmerson Mnangagwa's government faces a winter of discontent from restive public sector workers with teachers and health workers giving notice of imminent strikes.Mnangagwa's broke g...Published: 16 Jun 2019 at 20:29hrs | 2336 | by ZimLive
'Will implement fundamentals before scrapping multi-currency' - do in 6 months what fail in 10 years!
"One listener asked how the new currency would be sustained when there is no production. The president (Mnangagwa) said that he would not be cornered into revealing the stages that are to be followed ...Published: 16 Jun 2019 at 20:28hrs | 2546 | by Wilbert Mukori
Passport shortage leaves Zimbabweans stranded
With Zimbabwe's economy in shambles and political tensions rising, leaving the country seems the best option for many who are desperate for jobs. But those dreams often end at the passport office, whi...Published: 16 Jun 2019 at 20:26hrs | 617 | by AP
Mnangagwa exposes Grace Mugabe
PRESIDENT Emmerson Mnangagwa says former first lady Grace Mugabe owns a staggering 16 commercial farms in a revelation that could re-ignite the public spat between the Zanu-PF leader and his predecess...Published: 16 Jun 2019 at 20:22hrs | 2123 | by Staff reporter
Victoria Falls rejects local currency
The resort town of Victoria Falls has almost completely dollarised due to the volatility of the local currency, but the development has adversely affected residents, it has emerged.Landlords, ...Published: 16 Jun 2019 at 20:21hrs | 2169 | by Staff reporter
Mthuli Ncube's speech to AfDB boards of governors - Fulltext
Speech by the minister of finance and economic development, Hon. Prof. Mthuli Ncube during the 2019 annual meetings of the boards of governors of the African Development Bank Group: Malabo, Republic o...Published: 16 Jun 2019 at 20:03hrs | 800 | by Mthuli NCube
Regulations around Online Gambling in Zimbabwe
Zimbabwe is well-known not only for its safaris, reserves, parks, d...Published: 16 Jun 2019 at 19:21hrs | 1238 | by Staff Writer
Zimbabwe needs complete transformation, not patchworks.
"In a world of conspicuous institutional failure, one entity that still offers some important lessons for the practice of governance is Singapore." Kent CalderZimbabwe is experiencing a struct...Published: 16 Jun 2019 at 19:13hrs | 306 | by Dr Gus Manatsa
Here we go again
Mnangagwa has made clear that Zimbabwe will have its own currency again by the end of the year. Economist and former senior MDC MP Eddie Cross says it will be the strongest currency in the region. The...Published: 16 Jun 2019 at 19:04hrs | 629 | by Zimbabwe Vigil Diary
Zimnat holds march to mark launch of USD funeral plan
Zimnat Life Assurance on Friday marked the launch of its Gadziriro/ Lungiselelo United States dollars funeral policy with a march from Zimnat House to Joina City in Harare, generating considerable exc...Published: 16 Jun 2019 at 19:04hrs | 306 | by Staff reporter
Austerity should not be just for the poor
Elsewhere on these pages, we carry a story about the impending shortage of bread and the expected price increases, barring immediate government intervention to address the wheat supply crisis facing t...Published: 16 Jun 2019 at 09:43hrs | 868 | by Editorial - The Standard
Daggers drawn against Zanu-PF chairman
Zanu-PF's Mashonaland Central structures have been rocked by factionalism amid pressure to dissolve the Kazembe Kazembe- led provincial executive for failing to unite the ruling party.Disgrunt...Published: 16 Jun 2019 at 09:42hrs | 848 | by Staff reporter
Positive response to interbank forex market
THE Reserve Bank of Zimbabwe (RBZ) says the interbank market has, as at June 13, handled about US$154,7 million, with voluntary sales contributing the largest amount.Giving his presentation du...Published: 16 Jun 2019 at 09:41hrs | 1012 | by Staff reporter
Zimbabwe runs out of wheat
Zimbabwe has run out of wheat and bakeries in the country may soon not be able to produce bread.One of the leading bakeries has suspended operations and other major players are holding their b...Published: 16 Jun 2019 at 09:41hrs | 917 | by Staff reporter
Mnangagwa says, 'no going back on currency'
THE public will soon access cheaper basic commodities at Grain Marketing Board (GMB) depots throughout the country as the Government moves to mitigate the wanton price increases by unscrupulous busine...Published: 16 Jun 2019 at 09:37hrs | 1619 | by Staff reporter
Zimbabwe's economic crunch hits passports
With Zimbabwe's economy in shambles and political tensions rising, leaving the country seems the best option for many who are desperate for jobs. But those dreams often end at the passport office, whi...Published: 15 Jun 2019 at 10:45hrs | 7361 | by Farai Mutsaka, The Associated Press
SA set tough conditions for Zimbabwe to join Rand Monetary Union
PRESIDENT Emmerson Mnangagwa has revealed that neighbouring South Africa imposed "unacceptable" conditions for Zimbabwe to join the Rand Monetary Union.In a live interview with a State control...Published: 15 Jun 2019 at 09:45hrs | 8085 | by Staff reporter
Use of US dollar divides Tongogara RDC
There were fireworks at the Tongogara Rural District Council's (RDC) meeting this week when councillors and management clashed over the proposed use of United States dollars in pricing residential sta...Published: 15 Jun 2019 at 09:04hrs | 427 | by Staff reporter
Mnangagwa makes radio cameo
The Herald Herald Reporters President Mnangagwa yesterday made good of his billing as a "listening President" when he fielded a wide range of questions from Zimbabweans on his maiden live radio progra...Published: 15 Jun 2019 at 08:49hrs | 429 | by Staff reporter
Mnangagwa threatens businesses
President Emmerson Mnangagwa has threatened to "shrink the business life" of entities charging United States Dollars for goods and services.In a live interview with a local radio station on Fr...Published: 15 Jun 2019 at 08:37hrs | 4019 | by Staff Reporter
Mnangagwa's soldiers, nurses fail to access their salaries
Some civil servants - most of them soldiers and nurses - failed to access their salaries on Friday after a Mauritian company switched off its electronic payments processing system.Most Zimbabw...Published: 14 Jun 2019 at 20:08hrs | 6321 | by Staff reporter
How long is a business day for a part-time student
As a part-time working alumnus, you have to think previously on the question:" How long is a business day for a student? Such a position has lots of other vivid questions worth answering immediately. ...Published: 14 Jun 2019 at 19:58hrs | 673 | by Michelle Brooks
Zimbabwe's endless currency circus and cycle
When it comes to currency management in Zimbabwe there is always déjà vu which is a result of repeated fallible prescriptions. It's a circus where the actors enjoy their never-ending play with the a...Published: 14 Jun 2019 at 11:46hrs | 3571 | by Ngonidzaishe Makaha and Adrian Mapiye
Production makes the economy, says Mnangagwa
President Mnangagwa said focusing on currency alone will not provide solutions to economic challenges facing the country - imploring Zimbabweans to focus on strategies to boost production. Dis...Published: 14 Jun 2019 at 09:55hrs | 1237 | by Staff reporter
'Zimbabwe inflation to shoot up to 280% by year-end'
INFLATION could end the year around 280% and may rise to stratospheric levels thereafter if a new currency is introduced without preceding macro-economic fundamentals, a local research firm has said....Published: 14 Jun 2019 at 08:26hrs | 1638 | by Staff reporter
Mnangagwa's govt re-ignites currency debate
PRESIDENT Emmerson Mnangagwa's remarks over the weekend that Zimbabwe would have a fully-fledged local currency before the end of the year, ending the multi-currency regime enacted in 2009, effectivel...Published: 14 Jun 2019 at 08:25hrs | 2061 | by Brett Chulu
Paynet switches off Zimbabwe banks
PAYNET, a subsidiary of Mauritian financial services provider Payserv Africa, has suspended all local financial institutions from its transacting platform after they refused to pay in foreign currency...Published: 14 Jun 2019 at 08:24hrs | 6566 | by Staff reporter
Zimbabwe in austerity-induced recession
"OUTPUT in Zimbabwe is expected to contract in 2019 with a sharp rise in inflation reducing real incomes and foreign exchange shortages constraining activity," the World Bank reports in its Global Eco...Published: 14 Jun 2019 at 08:22hrs | 789 | by Tinashe Kaduwo
New currency unlikely to perform miracles for Zimbabwe
GOVERNMENT'S plans to unveil a new currency by year-end without addressing macro-economic fundamentals could be catastrophic, while the proposed local unit risks suffering the same fate as the defunct...Published: 14 Jun 2019 at 08:21hrs | 1113 | by Staff reporter
Re-igniting debate on a sovereign currency
Whilst a single sovereign currency regime might be the way to go, own currency may not deliver desired results if we do not address what is currently weighing down our pseudo-currency (RTGS$) - the st...Published: 14 Jun 2019 at 08:21hrs | 328 | by Persistence Gwanyanya
A damning indictment on Mnangagwa
PRESIDENT Emmerson Mnangagwa's administration's failure to address the economic challenges bedevilling the country - despite lofty promises - could have been described as spectacular if it were not so...Published: 14 Jun 2019 at 08:20hrs | 2631 | by Owen Gagare
Mnangagwa's youths spoil for a fight
ZANU-PF youth leaders say they are ready to counter anti-government protests planned by opposition and civic groups, setting the stage for a bruising political fight.They also alleged a sinist...Published: 14 Jun 2019 at 08:11hrs | 1152 | by Staff reporter
Zimbabwe pension payouts delayed as foreign company cuts off Zimbabwe banks
PENSIONERS might have to wait a bit longer before they receive their monthly pay outs, which were due yesterday, the National Social Security Authority (NSSA), said yesterday. It said the dela...Published: 14 Jun 2019 at 07:56hrs | 897 | by Staff reporter
Mnangagwa engages Capitalk FM listeners live from 7PM today
HARARE's prime talk radio station, Capitalk 100.4FM, is set to host its first live interview with President Mnangagwa today, with various issues confronting the economy such as price increases and cur...Published: 14 Jun 2019 at 07:54hrs | 676 | by Staff reporter
Mthuli Ncube targets price stabilisation
Government's fiscal consolidation measures and other initiatives introduced into Zimbabwe's economic programmes should see prices of goods starting to drop from next month, Finance and Economic Develo...Published: 14 Jun 2019 at 07:48hrs | 1272 | by Staff reporter
Zimbabwe groaning under economic turbulences
Zimbabwe focuses on the economic challenges facing the nation since 2008. The economy is now resembling a run away train towards a bombed bridge. There is great economic improvements at the top with c...Published: 13 Jun 2019 at 18:16hrs | 1531 | by Dr Masimba Mavaza
Prices to start falling next month, claims Mthuli Ncube
Government's fiscal consolidation measures and other initiatives introduced into Zimbabwe's economic programmes should see prices of goods starting to drop from next month, Finance and Economic Develo...Published: 13 Jun 2019 at 17:32hrs | 4173 | by Staff reporter
ZRP impounds 5 000 unregistered vehicles
The Zimbabwe Republic Police (ZRP) has impounded 5 000 unregistered vehicles since January this year as part of its ongoing crackdown on unregistered vehicles.Registration of vehicles and disp...Published: 13 Jun 2019 at 17:28hrs | 2191 | by Staff reporter
Load More Stories
