Search / De-industrialisation
Biti criticizes Zimbabwe's economic policies
Former finance minister Tendai Biti has strongly criticized the economic policies under the current administration, describing them as "fictitious" and blaming them for Zimbabwe's ongoing de-industria...Published: 14 Dec 2024 at 12:34hrs | 505 | by Staff reporter
UK, Czech Republic investors in Bulawayo
Investors from the Czech Republic and the United Kingdom (UK) visited Bulawayo on Monday to explore opportunities in various sectors as the city grapples with the challenges of de-industrialisation....Published: 21 Nov 2024 at 06:27hrs | 148 | by Staff reporter
Dollarisation the worst thing to do for Zimbabwe
The Zimbabwean government has remained resolute in its decision not to revert to full dollarisation, despite growing calls from businesses and citizens who prefer the United States dollar over the rap...Published: 10 Oct 2024 at 13:46hrs | 1673 | by Staff reporter
Bulawayo Thermal Power Station decommissioning to hit jobs
THE Bulawayo Progressive Residents Association ((BPRA) has warned of massive job losses in the country's second largest city as the power utility Zesa moves to decommission the Bulawayo thermal power ...Published: 02 Feb 2024 at 17:20hrs | 5 | by Staff reporter
David Coltart sees better days in 2024
Bulawayo mayor David Coltart says finding solutions to the city's multifaceted problems will not happen overnight as he laid out his council's priorities for 2024.Coltart, a former Education m...Published: 31 Dec 2023 at 13:00hrs | 20 | by Staff reporter
Zimbabwe Communist Party elections observer report for 2023 elections
OBSERVATIONS ON THE 2023 GENERAL ELECTIONGeneralFirstly, as Communists, we do not confuse democracy with voting.The word ‘democracy' is derived from Greek and means ‘rule by the pe...Published: 04 Sep 2023 at 06:34hrs | 1 | by Central Committee of the Zimbabwe Communist Party
Chiwenga says Mnangagwa deserves another term
VICE-PRESIDENT Dr Constantino Chiwenga yesterday implored the electorate to vote for President Mnangagwa in the August 23 harmonised elections as he has religiously fulfilled the promises he made when...Published: 03 Aug 2023 at 06:44hrs | 11 | by Staff reporter
Water crisis overwhelms BCC
BULAWAYO City Council (BCC) says a deadly mix of challenges such as system failures among others were crippling its capacity to quench the thirst of residents who are going for several days without wa...Published: 02 Apr 2023 at 11:05hrs | | by Staff reporter
If Mnangagwa is unable to explain 'sanctions on Zimbabwe' then just how real are they?
Did you know that countries that have genuine economic sanctions imposed on them by world powers, oftentimes, actually deny their true impact on the affected nation's economy?Why?Simpl...Published: 10 Oct 2022 at 06:12hrs | 10 | by Tendai Mbofana
Property upgrades transforming Bulawayo's economy
BULAWAYO is experiencing growth in corporates and property owners who are renovating old business premises and opening new facilities in a bid to align their operations with the latest business trends...Published: 10 Oct 2022 at 06:07hrs | 8 | by Staff reporter
Chamisa is trying to re-brand himself as a constructive opposition figure
Born-Again Nelson?I NOTICE Nelson Chamisa is trying to re-brand himself as a constructive opposition figure, constructive in the mould of his bete noire...Published: 02 Oct 2022 at 19:06hrs | 1 | by Jamwanda2
Nust sets up factories
PLASTIC container making, honey and fruit processing factories have been established at the National University of Science and Technology (Nust) as the institution angles to play a critical role in Bu...Published: 08 Sep 2022 at 06:41hrs | | by Staff reporter
Mboweni to mentor young business leaders
ECONET Wireless Zimbabwe Group CEO Douglas Mboweni, has taken it upon himself to mentor the next generation of young business leaders in the country.Speaking to a group of young entrepreneurs ...Published: 17 Jul 2022 at 09:10hrs | | by Staff reporter
Zimbabwean illegal miners wreak havoc in Botswana, SA
To the residents of Matsiloje in northern Botswana, no foreigner is unwelcome unless they commit a crime.This is due to their own lives being deeply linked with their fellow clan members in Zi...Published: 12 Jun 2022 at 09:24hrs | 19 | by Staff reporter
Colonialism belongs to old time Britain
ASSERTIONS by one Tendai Ruben Mbofana (Zim leaders eagerly defending Chinese colonialism! NewsDay May 25, 2022) that China has colonised Zimbabwe cannot go unchallenged.The contents of the so...Published: 01 Jun 2022 at 06:35hrs | | by Christopher Mahove
Bulawayo Town Clerk blasts local companies
BULAWAYO Town Clerk Mr Christopher Dube on Friday took a swipe at local companies that are awarded major development tenders in the city but fail to deliver, saying at some point the local authority w...Published: 22 May 2022 at 08:30hrs | 1 | by Staff reporter
Zimbabwe's shutdowns not the best protest strategy
WORSENING economic conditions, coupled with growing unemployment as most Zimbabweans struggle to eke out a living in the informal sector are among the major reasons why this week's shutdown flopped....Published: 14 May 2022 at 19:42hrs | 11 | by Staff reporter
Bulawayo needs new economic soul, says ZITF chair
ZIMBABWE International Trade Fair (ZITF) board chairperson Busisa Moyo has urged Bulawayo entrepreneurs and policymakers to use this year's ZITF edition to discuss problems affecting industries and pr...Published: 14 Apr 2022 at 06:39hrs | | by Staff reporter
Zimbabwe govt to blame for xenophobic scourge
BETWEEN 1980 and the mid-1990s, Zimbabwe's economy was a force to reckon with in Africa.It was stable, with healthy growth rates that underpinned a massive industrial rebound.Zimbabwe ...Published: 29 Mar 2022 at 11:46hrs | 1 | by Staff reporter
MDC led councils short-changing ratepayers
FOR a period stretching over 20 years, service delivery in cities, towns and even rural communities has collapsed, underpinned by unchecked plunder and theft by those voted into public office by the r...Published: 05 Mar 2022 at 08:20hrs | | by Staff reporter
Zimbabwe mulls Rwanda-style co-operatives model
GOVERNMENT is considering adopting a Rwanda-style co-operatives model as it seeks to reactivate community-driven development projects, NewsDay Business can reveal.Co-operatives gained prominen...Published: 24 Feb 2022 at 05:42hrs | 1 | by Staff reporter
'Mnangagwa's radical policy shift blew away US$500m potential revenue'
RADICAL policy shifts a year into President Emmerson Mnangagwa's administration have wiped a staggering US$500 million in potential investments out of Zimbabwe, new data predicting an escalation of he...Published: 16 Feb 2022 at 05:35hrs | 10 | by Staff reporter
BCC finally adopts Master Plan
BULAWAYO City Council (BCC) has adopted the Bulawayo Master Plan 2019-34, which is expected to assist in refurbishing old infrastructure.The master plan was adopted after BCC conducted consult...Published: 29 Nov 2021 at 05:36hrs | 12 | by Staff reporter
MPs push for relief for informal sector
Legislators are pushing for full support to be given to informal traders in the country through flexible banking terms.Zimbabwe's informal sector has grown tremendously due to de-industrialisa...Published: 14 Nov 2021 at 05:41hrs | 7 | by Staff reporter
ZNCC pushes for fuel tax cuts
THE Zimbabwe National Chamber of Commerce (ZNCC) this week escalated business's push for an overhaul of the tax regime, as it warned the government that high fuel import taxes could hold back industri...Published: 13 Nov 2021 at 05:53hrs | 8 | by Staff reporter
ZNCC backs call for power tariff hike
THE Zimbabwe National Chamber of Commerce (ZNCC) yesterday said government should grant troubled power producer, Zesa Holdings, authority to hike power tariffs and give impetus to its recapitalisation...Published: 11 Nov 2021 at 06:21hrs | 7 | by Staff reporter
Mnangagwa's govt pampers army, police
ZIMBABWE plans to splurge millions of United States dollars to procure about 1 000 brand new vehicles for the security services sector next year, to bolster their operations in a move that is likely t...Published: 31 Oct 2021 at 08:28hrs | 6 | by Staff reporter
Unpacking ZIDERA, atrocities of sanctions
It is without doubt that sanctions are a crime against humanity, an unfair treatment of race against race, nation against nation, the strong against the presumably weak, all with the intention to crea...Published: 26 Oct 2021 at 06:38hrs | 7 | by Takasununguka Ziki
$6.8bn govt funds saga raises dust
Parliament has raised concern over unauthorised expenditure by government amounting to $6.8 billion, describing it as an "unacceptable anomaly".Auditor-general Mildred Chiri, in reports releas...Published: 24 Oct 2021 at 09:29hrs | 1 | by Staff reporter
Denying that there sanctions against Zimbabwe now a discredited position
All is primed for the observation of the Anti-Sanctions Solidarity Day which was declared by Southern African Development Community (SADC) leaders to take place every 25 October.The day this y...Published: 22 Oct 2021 at 06:26hrs | 2 | by Lovemore Chikova
Sanctions devastate rural communities
RURAL communities are among the worst areas affected by illegal sanctions as the embargo has led to limited opportunities for communities increasing poverty levels.Studies have shown that the ...Published: 20 Oct 2021 at 07:35hrs | | by Staff reporter
CZI pushes for tax reviews
THE Confederation of Zimbabwe Industries (CZI) says government must review policy free thresholds upwards and increase civil service salaries in the upcoming 2022 national budget to boost consumer spe...Published: 17 Oct 2021 at 09:09hrs | 1 | by Staff reporter
Industry in fresh push for bailout
ZIMBABWE'S manufacturing sector has escalated its push for State-assisted bailout packages to stem a blazing crisis precipitated by the COVID–19 pandemic, a deteriorating foreign currency crisis and...Published: 15 Oct 2021 at 06:21hrs | | by Staff reporter
Rates hike standoff turns political
ZIMBABWE's retail industry came out guns blazing this week, slamming local authorities for undermining President Emmerson Mnangagwa's ‘Zimbabwe is Open for Business' campaign after extensive rate hi...Published: 20 Aug 2021 at 07:11hrs | 1 | by Staff reporter
Resurgent power outages to gnaw at growth targets
THE power outages currently besetting the country are set to derail economic growth prospects at a time the economy is already reeling from Covid-19. Zesa has imposed rolling blackouts that ar...Published: 30 Jul 2021 at 07:31hrs | 7 | by Staff reporter
Why Bulawayo service delivery is collapsing
LONG-TOUTED as the best-run local authority in the country, the Bulawayo City Council (BCC) is failing to offer efficient services as seen by collapsing water and sewer infrastructure, failureto f...Published: 04 Jul 2021 at 14:33hrs | | by Staff reporter
Cost of living hits $40 680
THE cost of living for a family of six surged by 13,4% to $40 680 this month, from $35 877 in April following relentless price hikes stemming from currency volatilities and market jitters triggered by...Published: 21 Jun 2021 at 06:04hrs | 1 | by Staff reporter
Half a million Zimbabweans lose jobs
ABOUT 500 000 Zimbabweans have lost their jobs since the Covid-19 pandemic broke out last year igniting de-industrialisation, the World Bank (WB) said, as it revealed extensive food shortages and wors...Published: 13 Jun 2021 at 07:27hrs | | by Staff reporter
A new film about Zimbabwe's 2018 elections is worth watching, but flawed
Danish director Camilla Nielsson's documentary President (2021) is an up-close, intimate tale. It follows the election travails of Zimbabwe's main opposition party the Movement for Democratic Change A...Published: 11 Jun 2021 at 18:58hrs | 2 | by The Conversatio - David B. Moore
Zimbabwe 'rogue shadow' worries World Bank
A WORLD Bank (WB) executive has warned that Zimbabwe's recovery efforts will be held back by a "Rogue Shadow of Informality" that will affect revenue flows into the fiscus and aggravate deepening pove...Published: 26 May 2021 at 06:24hrs | 7 | by Staff reporter
Zimbabwean brands need to step up to the plate
Production seems to be the driving spirit of the new dispensation, as the country pursues a modernisation and industrialisation agenda whose objective is to grow the economy, create rewarding and sust...Published: 09 May 2021 at 08:00hrs | 8 | by Staff reporter
Zimbabwe inflation to fall below 55%, says RBZ
THE Reserve Bank of Zimbabwe (RBZ) says it is targeting a slide in the annual inflation to below 55% by July this year, underpinned by its disinflationary strategy that has been credited for calming m...Published: 06 May 2021 at 05:47hrs | | by Staff reporter
Family basket shoots to $28 300/month
THE monthly cost of living for a family of five has shot to $28 362 from $26 560 in March, data from the Zimbabwe National Statistics Agency (ZimStat) indicated yesterday. Price increases have continu...Published: 28 Apr 2021 at 06:15hrs | | by Staff reporter
Paltry taxes cripple recovery
SHOCKING evidence of tax leakages hogged the limelight this week, with Finance and Economic Development minister Mthuli Ncube saying the informal sector, which makes up 70% of Zimbabwe's gross domesti...Published: 01 Apr 2021 at 07:24hrs | 6 | by Eddie Cross
Paltry taxes cripple recovery
SHOCKING evidence of tax leakages hogged the limelight this week, with Finance and Economic Development minister Mthuli Ncube saying the informal sector, which makes up 70% of Zimbabwe's gross domesti...Published: 01 Apr 2021 at 07:24hrs | | by Eddie Cross
Zimbabwe cost of living spikes again
THE cost of living for an average family of five shot to $26 560 this month, from $25 900 in February, following a price rage that has defied a range of measures lined up to avert a crisis, data from ...Published: 29 Mar 2021 at 06:25hrs | 6 | by Staff reporter
75% of Bulawayo's industrial plants idle
THE battle to reposition Bulawayo as the heartbeat of Zimbabwe's industries appears to be hitting a brick wall.Just when national manufacturing output is reportedly rising, Bulawayo's industri...Published: 21 Mar 2021 at 08:36hrs | | by Staff reporter
Zimbabwe dominates Sadc remittances
ZIMBABWE received the largest remittances in southern Africa, underpinned by high migration of citizens who fled a two decade-long economic crisis, the latest African Development Bank (AfDB) data show...Published: 12 Mar 2021 at 06:46hrs | | by Staff reporter
60% of Bulawayo companies close shop
THE labour movement, consumer rights groups, small enterprises and informal traders have lamented the continuous collapse of Bulawayo industries amid revelations that up to 60% of companies have close...Published: 19 Feb 2021 at 07:04hrs | 84 | by Staff reporter
Call for revival of Bulawayo industry
CIVIL society organisations have called on the government to formulate a policy aimed at reviving industries in Bulawayo.Zimbabwe's second largest city used to be an industrial hub before a co...Published: 05 Feb 2021 at 06:53hrs | | by Staff reporter
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