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Tendai Biti led team queries 'rogue' RBZ payments
Parliament yesterday slammed the Reserve Bank of Zimbabwe (RBZ) for carrying out quasi fiscal activities outside its mandate and using taxpayers and pensioners' money to fund government activities....Published: 15 hrs ago | 825 | by Staff reporter
Zacc pounces on EcoCash agents
THE Zimbabwe Anti-Corruption Commission (Zacc) has instituted a major probe into the operations of the country's EcoCash agents who are being accused of fleecing citizens of their money.Zacc s...Published: 17 hrs ago | 1050 | by Staff reporter
ZB introduces international bank cards
ZB Financial Holdings Limited (ZBFHL) is currently working on introducing an international bank card following its removal from the US sanctions list in 2016, chief executive Ron Mutandagayi has revea...Published: 17 hrs ago | 414 | by Staff reporter
RBZ explains exchange rate depreciation
THE depreciation of the Zimbabwe dollar against the United States dollar and other currencies in recent weeks is as a result of the closure of the tobacco marketing season which is a major foreign cur...Published: 17 Sep 2019 at 00:53hrs | 1795 | by Staff reporter
Chamisa's MDC to roll out more demos
THE Nelson Chamisa-led opposition MDC is priming its membership for another wave of demonstrations to force President Emmerson Mnangagwa's government to urgently address the country's deteriorating so...Published: 17 Sep 2019 at 00:49hrs | 683 | by Staff reporter
Fuel price hike expected in Zimbabwe
The Zimbabwe Energy Regulatory Authority (ZERA) is expected to increase petrol and diesel prices after a strike on a Saudi Arabian oil facility removed about 5% of global supplies, an attack the US ha...Published: 16 Sep 2019 at 07:18hrs | 4371 | by Staff reporter
Doctors strike calls for urgent attention
The death of Robert Mugabe has taken the nation's focus away from very pressing issues, among them the strike by doctors at public hospitals.Doctors went on strike almost two weeks ago after f...Published: 15 Sep 2019 at 08:04hrs | 2328 | by Staff reporter
City women face sex abuse in Zupco buses
When Zimbabwe's government started running a bus system earlier this year with fares on average one-third lower than those of private bus companies, Thandekile Gama was excited.The 33-year-old...Published: 15 Sep 2019 at 08:03hrs | 7647 | by Thompson Reuters Foundation
Zimbabwe stuck with expired medical drugs, says committee
AT a time when the country is facing drug shortages, it has been revealed that the company mandated to store and distribute medical supplies of public health institution, NatPharm, is stocked with exp...Published: 15 Sep 2019 at 07:52hrs | 198 | by Staff reporter
ZB Bank introduces WhatsApp banking
ZB Financial Holdings has signed a money transfer agreement with one of the largest international money transfer companies, Ria Money Transfer of the United States as part of its efforts to enable dia...Published: 15 Sep 2019 at 07:49hrs | 582 | by Staff reporter
Zimbabwe nears SA industry loans deal
Zimbabwe is closer to sealing over half a billion US dollar syndicated loan package with South African banks to support the private sector, amid revelations Treasury is now finalising the insurance gu...Published: 15 Sep 2019 at 07:40hrs | 354 | by Staff reporter
Zimbabweans now living in extreme poverty as economy declines
With Zimbabwe's economy all but confirmed to contract by at least 8% in the year 2019, households are feeling the heat as poverty levels surge at alarming levels. Zimbabwe's last recession cycle occur...Published: 14 Sep 2019 at 20:32hrs | 1293 | by Victor Bhoroma
Mugabe coup announcer pleads for international support to spur reforms
Zimbabwe is serious about pursuing political and economic reforms and deserves international support, foreign minister Sibusiso Moyo said on Friday.President Emmerson Mnangagwa promised a diff...Published: 14 Sep 2019 at 08:39hrs | 712 | by Reuters
RBZ to address cash shortage
The Reserve Bank of Zimbabwe (RBZ) plans to increase the amount of physical cash in circulation after realising that some critical sectors of the economy such as the informal sector, senior citizens a...Published: 14 Sep 2019 at 08:08hrs | 1324 | by Staff reporter
Mugabe's pictures
AS the country continues to celebrate the life of the late former President Robert Mugabe, The Chronicle went to its archives to get some pictures taken by its photojournalists over the years....Published: 13 Sep 2019 at 23:23hrs | 9329 | by Staff reporter
Zimbabwe hikes interest rate to 70% to help plummeting currency
Zimbabwe's central bank raised its main interest rate to 70% to stabilize a plummeting currency and rein in surging inflation.The decision is the first by the southern African nation's Monetar...Published: 13 Sep 2019 at 22:02hrs | 2758 | by Bloomberg
Mugabe death ignites an inferno of debates, discussions
DEPOSED late former President Robert Mugabe is currently the most talked about individual among Zimbabweans. Ever since his death last week, tongues never took leave from wagging. His death was bound ...Published: 13 Sep 2019 at 21:38hrs | 239 | by Cyprian Muketiwa Ndawana
The world sorry can disarm Goliath
Some crest fallen formally untouchable clique eerily tried to find relevance through the now in currency shadow of a cadaver. No wonder those of yesteryear would say a 'dead person is very heavy'....Published: 13 Sep 2019 at 21:14hrs | 554 | by Gabarinocheka
Zimbabwe's MPC, RBZ boards face a daunting task
The new Monetary Policy Committee (MPC) and Reserve Bank of Zimbabwe (RBZ) boards face a daunting task in dealing with the country's monetary problems and bring the much-needed stability and confidenc...Published: 13 Sep 2019 at 14:02hrs | 681 | by Staff reporter
Zimbabwe faces serious turbulence
THE quasi Zimbabwe currency this week weakened against the United States dollar as the authorities struggle to defend the value of the domestic currency. The local currency, which was trading at ZW$11...Published: 13 Sep 2019 at 07:47hrs | 1893 | by Economic Global Capital
Mangudya faces daunting task
RESERVE Bank of Zimbabwe governor John Mangudya will soon present his mid- term Monetary Policy Statement, tasked with introducing a cocktail of measures to instil confidence in the market amid a deep...Published: 13 Sep 2019 at 07:38hrs | 1211 | by Staff reporter
Mugabe leaves a bitter legacy
ROBERT MUGABE'S career can be divided into three main parts.First, as an extraordinarily skilful leader who managed to dominate a fractious nationalist movement opposed to the white-supremacis...Published: 13 Sep 2019 at 07:35hrs | 196 | by The Economist
Power cuts till April
The Zimbabwe Electricity Supply Authority (Zesa) has warned businesses and long-suffering Zimbabweans that power supplies are only likely to improve from April next year - as it is struggling with ric...Published: 12 Sep 2019 at 21:41hrs | 810 | by Staff reporter
Zimdollar plunges 79%
ZIMBABWE'S inflation-ravaged dollar has plunged 79% against the greenback since it was declared the sole legal tender on June 24, amid an acute foreign currency shortage and diminishing market confide...Published: 12 Sep 2019 at 21:03hrs | 1080 | by Staff reporter
Bread price up 28,57%
Bakers yesterday hiked the price of bread for the fifth time this year by 28,57% from $7 to $9 for a standard loaf, adding pressure on citizens grappling with poor earnings.The price of bread ...Published: 12 Sep 2019 at 21:00hrs | 362 | by Staff reporter
Justice Ministry hikes tariffs
THE Ministry of Justice, Legal and Parliamentary Affairs has increased tariffs by over 150 percent a development that has resulted in marriage licence costing Z$100 and a liquor licence application fe...Published: 12 Sep 2019 at 20:57hrs | 263 | by Staff reporter
Robert Mugabe funeral programme kicks off
The body of former President Robert Mugabe arrived in Harare on Wednesday afternoon, officially-kicking off a funeral programme which will culminate in his burial on Sunday.A charter plane bri...Published: 11 Sep 2019 at 22:44hrs | 7131 | by ZimLive
'Lack of IDs a human right violation'
THE Zimbabwe Human Rights Commission (ZHRC) has expressed concern over the high number of people without proper documentation, particularly national identity (IDs) cards and birth certificates, saying...Published: 11 Sep 2019 at 07:35hrs | 160 | by Staff reporter
Bread, maize-meal shortages hit Zimbabwe
A year after under-fire Finance minister Mthuli Ncube introduced his Transitional Stabilisation Programme (TSP) in a bid to steady the economy, Zimbabwe continues to burn amid fresh bread and mealie-m...Published: 11 Sep 2019 at 07:32hrs | 549 | by Staff reporter
Malaysia clears Air Zimbabwe aircraft
A MALAYSIAN firm has cleared the release of two aircraft acquired by Air Zimbabwe, with delivery of the first one expected soon, a senior Government official has revealed. Transport and Infras...Published: 11 Sep 2019 at 06:53hrs | 626 | by Staff reporter
Turning around Zimbabwe's economy will require more than technocratic approaches
TURNING around Zimbabwe's economic fortunes will require more than technocratic approaches and government should urgently create platforms for an inclusive and sustained dialogue, says a new report by...Published: 10 Sep 2019 at 21:54hrs | 300 | by Staff reporter
MDC led council hikes water costs by 900%
Harare City Council has torched a storm following its proposal to increase water charges by at least 900 percent, while some ratepayers will now be charged in foreign currency.Water charges wi...Published: 10 Sep 2019 at 19:28hrs | 493 | by Staff reporter
Zim Dollar rates tumbles ahead of monitory policy
The Reserve Bank of Zimbabwe (RBZ) is expected to announce the Mid-Term Monitory Policy statement in the coming days. The market is not anticipating major changes to the country's economic fortunes fr...Published: 10 Sep 2019 at 07:47hrs | 10215 | by Victor Bhoroma
'Govt rhetoric worsening Zimbabwe economic situation'
TURNING around Zimbabwe's economic fortunes will require more than technocratic approaches and government should urgently create platforms for an inclusive and sustained dialogue, says a new report by...Published: 10 Sep 2019 at 07:25hrs | 295 | by Staff reporter
High prices dampen back-to-school preps
As parents and guardians gear up for a new school's term which begins today, many last-minute shoppers, especially for basic requirements, had to contend with high prices from predatory retailers. ...Published: 10 Sep 2019 at 06:59hrs | 543 | by Staff reporter
Adios, the perfidious one!
FORMER President Robert Mugabe finally bade farewell at 95. The Mugabe story had lost currency, albeit temporarily, since his unceremonious departure from office in November 2017. Zimbabweans are just...Published: 09 Sep 2019 at 12:44hrs | 802 | by Tapiwa Gomo
Mnangagwa's govt should improve primary health care: Cross
FORMER MDC MP Eddie Cross, has called on government to roll out primary health care facilities in remote areas and ensure they are within walking distance to reduce preventable deaths.Cross ma...Published: 09 Sep 2019 at 12:41hrs | 267 | by Staff reporter
Zimbabwe after Mugabe: Dashed hopes and economic chaos
WHEN Robert Mugabe was deposed as Zimbabwe's President in 2017, Karen Sundirai was convinced the country would quickly recover from years of economic turmoil and authoritarian rule.Nearly two ...Published: 09 Sep 2019 at 07:45hrs | 128 | by Reuters
Mthuli Ncube calls for patience
Finance and Economic Development Minister Professor Mthuli Ncube has called for patience among citizens, adding that reforms initiated by Government since late last year were beginning to show signs o...Published: 09 Sep 2019 at 07:21hrs | 1172 | by Staff reporter
Mthuli Ncube: Fixing Mugabe's mess
Finance minister Mthuli Ncube may not have realised quite what he was letting himself in for when he took the job of Zimbabwe's Treasury boss in September last year.With his impeccable CV - he...Published: 08 Sep 2019 at 08:50hrs | 692 | by Financial Mail
Mealie-meal, flour prices to go up
The Grain Millers' Association of Zimbabwe (GMAZ) yesterday said government had increased maize and wheat prices to millers by 86% and 38% respectively .In a statement, GMAZ said maize grain i...Published: 08 Sep 2019 at 08:46hrs | 956 | by Staff reporter
Firms fork out US$15m for power imports
Over 20 local firms have signed up to Zesa's facility to ring-fence electricity imports and are contributing up to US$15 million a month as they seek to avoid widening losses due to long hours of load...Published: 08 Sep 2019 at 08:44hrs | 412 | by Staff reporter
Robert and Grace Mugabe's US$1 billion fortune
Robert Mugabe and his wife Grace built up a huge personal fortune and property empire while their countrymen suffered in the starvation and grinding poverty that his brutal regime brought about....Published: 08 Sep 2019 at 08:26hrs | 2827 | by Mail Online
How Mugabe became Africa's fallen angel
A COMPLEX character who ruthlessly pursued his goals, Robert Mugabe, leaves a mixed legacy: an independence leader who built his country up, then helped destroy it.Three great questions domina...Published: 07 Sep 2019 at 10:14hrs | 2403 | by The Guardian
Africa has lost one of its strong pillars
Because of his stance on the land issue, and the need to empower his people, not merely by giving them an electoral voice, but through equitable distribution of the means of production, former Preside...Published: 07 Sep 2019 at 09:56hrs | 137 | by Elliot Ziwira
Mohadi leads clean-up campaign in Glen View
Vice-President Kembo Mohadi has called on Zimbabweans to promote sustainable waste management practices and initiatives in a bid to keep a clean environment. Speaking at the National Environme...Published: 07 Sep 2019 at 09:54hrs | 153 | by Staff reporter
Mnangagwa condemns sanctions at WEF conference
Zimbabwe is facing unique challenges of a malfunctioning economy and a "collapsed" local currency that will need a private-sector led strategy to get it back on track, President Mnangagwa has said. ...Published: 07 Sep 2019 at 09:52hrs | 171 | by Staff reporter
Mugabe's love-hate affair
He came to power as a Mao-jacketed revolutionary, charmed the West with his policy of racial reconciliation, adopted stylish Saville Row suits and was knighted by Britain's Queen Elizabeth.But...Published: 06 Sep 2019 at 18:31hrs | 3438 | by AFP
Minister concerned about lives lost due to high healthcare charges
Health and Child Care Minister Obadiah Moyo has said he would prefer not to gazette fees for health services with no foreign currency component but might have to do so, as Government cannot continue w...Published: 06 Sep 2019 at 17:10hrs | 407 | by Agencies
Rest in peace, Robert Mugabe: Hero, villain, human
Robert Mugabe has died.May he rest in peace. He was one of the engineers who built the foundations of modern-day Zimbabwe. If you ever get the chance, please visit Zimbabwe. It is home...Published: 06 Sep 2019 at 12:59hrs | 970 | by Elsie Eyakuze
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