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Global headwinds spell doom for Zimbabwe
TOP international economists predict that the global economy will decline this year, spelling trouble for Zimbabwe's foreign market-dependent economy.The Treasury expects Zimbabwe's economic g...Published: 20 Jan 2024 at 07:06hrs | 4 | by Staff reporter
Zimbabwe needs to manage her debts
DEBT plays an important role in the resource mobilisation strategy of any country.However, the processes of its contraction, sources, structure and its implications on the economy and the live...Published: 03 Jun 2023 at 08:19hrs | 1 | by Zimcodd
Economic sanctions continue to place Zimbabwe further into unsustainable debt
Finance minister Enoch Godongwana says the government supports Zimbabwe's implementation of key reforms to resolve its debt problems and end 21 years of sanction.If successful, such moves can ...Published: 26 May 2023 at 16:26hrs | 1 | by Staff reporter
Zimbabwe govt pays US$50,28m to service external debt
TREASURY paid out US$50,28 million between January and September this year towards servicing its active debt portfolio while token payments were also made for debt arrears owed to International Financ...Published: 29 Nov 2022 at 05:15hrs | | by Staff reporter
Solutions to Zimbabwe debt, fiscal deficits
THE Labour and Economic Development Research Institute of Zimbabwe (Ledriz) has crafted a cocktail of measures which could be a solution to Zimbabwe's debt problems, fiscal deficits, stunted growth an...Published: 24 Sep 2021 at 09:45hrs | 1 | by Staff reporter
Sex for debt landed me in jail
A man from Binga is languishing in prison after he was convicted on rape charges that he claims were manufactured by a neighbour who had failed to pay his debt on time.Sanele Ncube (46), who i...Published: 17 Sep 2021 at 06:15hrs | 2 | by Staff reporter
Chamisa raises alarm over IMF funds which Biti wanted blocked
OPPOSITION MDC Alliance leader Nelson Chamisa yesterday expressed fear that President Emmerson Mnangagwa's Zanu-PF government could use the money sourced from the International Monetary Fund (IMF) for...Published: 27 Aug 2021 at 06:45hrs | 1 | by Staff reporter
More China investments coming to Zimbabwe
I arrived in Harare last month and I have already had a deep impression of the beautiful scenery, pleasant climate and wonderful people of Zimbabwe.I am especially moved by the friendship that...Published: 28 Apr 2019 at 07:29hrs | 1 | by Ambassador Guo Shaochun
Zimbabwe must set a clear development agenda
First and foremost, Zim is poised with toxic politics. We must deal with our politics first before we table economic matters. , it is important to admit that we have a crisis so that whoever comes on ...Published: 07 Nov 2018 at 16:27hrs | | by Tinashe Eric Muzamhindo
Tendai Biti always has something to say
The Daily News on Sunday's Pauline Hurungudo sits down for a wide-ranging interview with former Finance minister Tendai Biti, who is also the deputy national chairperson for the MDC, about the state o...Published: 21 Oct 2018 at 14:19hrs | 1 | by Staff reporter
Sustainable key ideas of resuscitating Zim economy
There is a huge gap between demand and supply. Our economy mainly survive on borrowing and imports. We have imports more than exports and therefore our balance of payments are in red. Zimbabweans must...Published: 10 Oct 2018 at 10:01hrs | 1 | by Tinashe Eric Muzamhindo
Govt debt to hit $20 billion by year-end
THE Parliament Budget Office (PBO) expects Zimbabwe's sovereign debt to grow by 8,69% to a record high of $20 billion by year-end, stoked by continuous public borrowings to finance persistent budget d...Published: 01 Oct 2018 at 07:02hrs | | by Staff reporter
Prof. Mthuli Ncube: How to kick start Zimbabwe's economic recovery
There is a lot of work to do on the economic front but what is important is to draft a very clear economic vision and strategy for the country, to create an economy that exhibits strong GDP growth ove...Published: 30 Aug 2018 at 22:05hrs | 1 | by Professor Mthuli Ncube
Was abandoning of structural adjustment export wise?
THE political economy of misunderstood patriotism and sovereignty led the old political dispensation and former Government to abandon the structural adjustment export-driven economic model that ...Published: 01 Jul 2018 at 08:14hrs | | by Bongani Ngwenya
July 30 election results key to Zimbabwe economic recovery
"THE economy, stupid" is a popular phrase in American politics that came about in 1992 as the then United States presidential candidate Bill Clinton used this against sitting President George Herbert ...Published: 27 Jun 2018 at 06:59hrs | | by Tatira Zwinoira
Former British minister meets Mnangagwa
FORMER British Minister of Africa and Labour Party politician, Lord Peter Hain has commended efforts being made by President Emmerson Mnangagwa in opening up Zimbabwe to the world politically and busi...Published: 31 May 2018 at 07:21hrs | | by Staff reporter
Excellent development policy document for president Mnangagwa
It is not good to criticize the Government of the day always without giving good and sound advice for him and his entire Government. As a policy advisor and researcher it is very important to give the...Published: 11 Dec 2017 at 17:33hrs | 3 | by Tinashe Eric Muzamhindo
Mnangagwa must make inspiring appointments based on merit
After this political phase many people have high expectations on ED and he should not disappoint Zimbabwe who put high hopes on him. Appointments should be done on merit and performance based on histo...Published: 27 Nov 2017 at 11:49hrs | 1 | by Tinashe Eric Muzamhindo
I will vote for Nkosana Moyo if he stands for the 2018 elections!
For a personality like Nkosana Moyo to say he is contesting for the elections come 2018, I will certainly vote for him. The guy is not stupid! I am sure he made his homework very well. His Physics and...Published: 12 May 2017 at 21:48hrs | | by Nomazulu Thata
Bosso gate takings fall
HIGHLANDERS FC reduced its debt by a meagre $4 500 to around $790 000 last year.According to a financial report presented by club treasurer Donald Ndebele at yesterday's poorly attended annual...Published: 30 Jan 2017 at 05:20hrs | | by Staff reporter
Analysis of the Mid-term fiscal policy review statement
Statement by the MDC Shadow Minister of Finance, Dr Tapiwa MashakadaThe Mid-Year Fiscal Policy Review Statement is a bankrupt statement which is anchored on a bankrupt Zimasset policy do...Published: 12 Sep 2016 at 11:31hrs | 1 | by Dr Tapiwa Mashakada
Zim borrowed $1,174 billion in 2015- Zimcodd
The Zimbabwe Coalition for Debt and Development (Zimcodd) has revealed that Zimbabwe borrowed a total of $1, 174 billion and arrears of $5,528 have accumulated.The organisation said in the pas...Published: 17 Dec 2015 at 05:31hrs | | by Stephen Jakes
IMF bailout can only entrench Grace Mugabe, Mnangagwa
ON September 30, the International Monetary Fund (IMF) completed the second stage of its review of Zimbabwe's progress toward economic reform.President Robert Mugabe, whose rule since 1980 has...Published: 14 Nov 2015 at 17:31hrs | | by Jeffery Smith and Todd Moss
Germany invites Zimbabwe delegation to Berlin for debt talks
The Government will send a technical team to Germany in the near future to discuss the country's debt to the European country and ways on resolving it.The country owes international financial ...Published: 24 Mar 2015 at 21:06hrs | | by Rumbidzai Zinyuke
Calls for Parliament to audit RBZ
The Zimbabwe Coalition on Debt and Development (Zimcodd) has called for the setting-up of a Public Debt Commission to conduct an official public debt audit before any debt relief mechanism can be con...Published: 13 Feb 2015 at 05:43hrs | | by Business Reporter
Zimbabwe Cricket OB van impounded
Zimbabwe Cricket's mounting debt problems came to a head on Tuesday afternoon, when the deputy sheriff in Harare impounded its Outside Broadcast van, as well as vehicles used by managing director Wilf...Published: 17 Dec 2014 at 16:35hrs | | by Liam Brickhill
IMF expected in Zimbabwe
An International Monetary Fund (IMF) delegation is expected in Zimbabwe next week to assess the country's progress on the staff monitored programme (SMP).Finance minister Patrick Chinamasa...Published: 14 Sep 2014 at 10:34hrs | | by Staff reporter
Str*pped, shamed and bashed at church
Jabulani Nkani (40) and his wife Zanele Nyoni (39) were so insulted and hurt by the event they opened a case at Honeydew Police Station. When Jabulani, from Cosmo City, west of Joburg bou...Published: 02 Jul 2014 at 21:13hrs | 1 | by Staff reporter
Tendai Biti's dangerous fiscal cliff
You do not have to be Sherlock Holmes to see that wrestling on a cliff edge is dangerous. The hyper-critical minister from the MDC-T, Tendai Biti, is expected to fulfil the statutory requirements whi...Published: 18 Jul 2012 at 11:18hrs | | by Econometer Global Capital
Zimbabwe's debt problem - a ticking time bomb
Zimbabwe's ever growing debt problem, if left unresolved soon, is arguably a ticking time bomb that could trigger civil strife and instability in the not so distant future.While RBZ Governor G...Published: 04 Jul 2012 at 08:22hrs | 1 | by Clifford Chitupa Mashiri
Zimbabwe Is Losing Billions of Dollars Says Biti
ZIMBABWE is losing billions of dollars through investment agreements with foreign investors because it does not have a pool of competent people to assist in negotiations, Finance Minister Tendai Biti ...Published: 15 Apr 2012 at 23:03hrs | | by Staff reporter
Securitise the country's minerals- Gono
Reserve Bank of Zimbabwe (RBZ) Governor Dr Gideon Gono has called for the securitisation of the country's natural resources as a way of addressing external debt as opposed to adopting the Highly Indeb...Published: 29 Jan 2012 at 08:03hrs | | by Staff reporter
Zimbabwe's debt - a compelling case for an audit
The rejection by UK Development Minister Andrew Mitchell of civil society calls to audit Zimbabwe's US$7 billion debt before relief under HIPC is regrettable. Whenever an audit is resisted, it...Published: 25 Jan 2012 at 13:25hrs | | by Clifford Chitupa Mashiri
Stop oil supply to EU before the six-month deadline Iran urged
TEHRAN. - Former Iranian Intelligence Minister Ali Falahian called on Tehran authorities to stop oil supply to the European Union member states before the bloc decides on banning oil imports from Iran...Published: 25 Jan 2012 at 06:09hrs | 2 | by Staff reporter
Fresh prince of Bel Air crew back together
Will Smith has posed for a picture of his old cast-mates from The Fresh Prince of Bel Air, the popular sitcom that launched his acting career.The show, which aired from 1990 until 1996, was st...Published: 23 Dec 2011 at 05:59hrs | | by Matthews Estell
China blasts US for, 'debt addiction' and 'short sighted' political wrangling
China roundly condemned the United States of America for its "debt addiction" and "short sighted" political wrangling and said the world needed a new stable global reserve currency.In a harshl...Published: 06 Aug 2011 at 07:14hrs | | by Moyo Roy
Gold hits record high ounce price
Gold hit a record high of $1,497.95/oz yesterday after Standard and Poor's downgraded its long-term outlook for the US from "stable" to "negative".The precious yellow metal edged within a few ...Published: 19 Apr 2011 at 08:11hrs | | by Byo24Business
European Union banks threat to global stability: IMF
Washington - Unhealthy European banks are the biggest threat to global financial stability, and they need to find fresh capital, the International Monetary Fund (IMF) said on Wednesday....Published: 13 Apr 2011 at 13:56hrs | | by Byo24News
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