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Econet marginally adjusts voice bundle tariffs
HARARE - Econet Wireless Zimbabwe (Econet) this week marginally adjusted its voice bundle tariffs in a bid to guarantee continued delivery of acceptable service to its customers.The telecommun...Published: 7 hrs ago | 925 | by Agencies
Make a difference: helping your parents financially, amidst tough times
The older you become, the more roles you need to take on. For many South Africans, this includes financially taking care of your elderly parents. While every child wishes to help their parents during ...Published: 11 hrs ago | 1001 | by Staff writer
Failed economic blueprints
The status of paralysis in which Zimbabwe has slipped throughout the past 40 years might be traced back to the early 1980s.A number of economic policies have been formulated and subsequently i...Published: 13 hrs ago | 1109 | by Leonard Koni
Fitch and Moody's downgrade South Africa's credit ratings further
In a move that Finance Minister Tito Mboweni described as 'painful', rating agencies Fitch and Moody's pushed South Africa's credit rating deeper into the scrap heap of junk with downgrades announced ...Published: 19 hrs ago | 1472 | by Staff reporter
Activist demands govt to disclose Zimbabwe's total debt
A HARARE lawyer, who is also a disability rights activist has approached the High Court demanding to know the total amount of debt that Zimbabwe owes to internal and external creditors.The act...Published: 19 hrs ago | 576 | by Staff reporter
Chamisa impoverishing MDC members on the altar of political correctness
A "RATIONAL economic" Zanu-PF has been masterminding massive wealth transfers to their enlightened members since 2000. The ruling party members are winning on the economic front by creating wealth whi...Published: 23 Nov 2020 at 19:58hrs | 1904 | by Brian Sedze
Ginimbi's family says they are not burning his clothes
The sister to the late socialite and businessman Ginimbi(Genius Kadungure) has dispelled widespread stories that they will burn clothes belonging to her late brother as per instruction in an assigned ...Published: 23 Nov 2020 at 19:55hrs | 3439 | by Staff reporter
Robert Mugabe's business empire crumbles
THE blistering sun scorches vast swathes of lush green land in the picturesque Mazowe Valley, 40 kilometres north of Harare, as the November heat takes a toll on the baked surface below.It is ...Published: 22 Nov 2020 at 05:25hrs | 16333 | by Staff reporter
Supreme Court throws out ex-Mines minister's appeal
The Supreme Court has turned down former Mines deputy minister Fred Moyo's leave to appeal a decision against seizure of his estate to settle an over US$766 000 debt he owed to Stanbic Bank.Mo...Published: 20 Nov 2020 at 06:28hrs | 800 | by Staff reporter
Chamisa goes down as Mnangagwa rises high
After 37 years in power, President Robert Mugabe of Zimbabwe resigned via in November 2017. His successor and former vice president, Emmerson Mnangagwa, promised a break from Mugabe's authoritarian ru...Published: 19 Nov 2020 at 08:33hrs | 9452 | by Dr Masimba Mavaza
Govt has failed to resolve strike by teachers, and all civil servants
The major reason why the Zimbabwe government is failing is in whole part for its reason to resist the tide. For a start, the government has over the decades tried and failed dismally to control th...Published: 18 Nov 2020 at 12:29hrs | 3761 | by Zanda Shumba
De-campaigning Zimbabwe through falsehoods
With special thanks to cde Bwoni. For the past twenty years Zimbabwe has been groaning under great satanic sanctions which have destroyed our livelihood. To ma'ke it worse the opposition...Published: 17 Nov 2020 at 12:11hrs | 1180 | by Dr Masimba Mavaza
Mnangagwa to launch Development Strategy 1 today
The National Development Strategy 1 (NDS1), which charts policies, institutional reforms and national priorities needed from 2021-2025 to achieve an upper middle income economy under Vision 2030, is e...Published: 16 Nov 2020 at 05:40hrs | 188 | by Staff reporter
Ginimbi secrets revealed
The late Genius "Ginimbi" Kadungure was naughty, cunning and a shrewd businessman who thrived on unconventional means to achieve what he wanted, his relatives and friends have revealed.Ginimbi...Published: 14 Nov 2020 at 21:26hrs | 13294 | by Staff reporter
Govt to take over fresh RBZ debt
The Reserve Bank of Zimbabwe (RBZ) is set to transfer several billions of the debt it holds to the Ministry of Finance and Economic Development after completing a debt consolidation exercise. ...Published: 13 Nov 2020 at 07:49hrs | 2301 | by Staff reporter
World Bank lauds Zimbabwe reforms
The World Bank sees Zimbabwe's reforms fixing economic fundamentals and economic blueprints, such as the Budget Strategy Paper and the National Development Strategy-1 (2021-2025), as being the major p...Published: 13 Nov 2020 at 05:36hrs | 416 | by Staff reporter
Treasury records $5.39 billion deficit in July
Government incurred a deficit of $549.95 million in the seven months to July, missing a targeted surplus of $2.02 billion after higher expenses mainly due to the payment of Covid-19 risk allowances to...Published: 11 Nov 2020 at 14:03hrs | 1432 | by Staff reporter
Chamisa, Khupe and Mnangagwa must leave politics; the people shall govern
Failed politicians must pack and go! What a breath of fresh air to read your todays article "No single or individual group can stage a revolution on its own".An Alliance of Democratic ...Published: 10 Nov 2020 at 05:56hrs | 4868 | by Nomazulu Thata
Zimbabwe imports 600MW to cover power supply gap
THE country is importing up to 600MW of electricity from regional producers so as to cover the supply gap, which is created by subdued energy generation capacity mainly by ageing thermal power station...Published: 09 Nov 2020 at 23:28hrs | 915 | by Staff Reporter
Clearing debt arrears hit a snag after "financier dumps Zimbabwe" - deep in debt, stop digging
"Zimbabwe's efforts to clear its arrears with international lenders who include the World Bank and the African Development Bank have hit a snag after an unnamed financier dumped the country halfway th...Published: 06 Nov 2020 at 11:33hrs | 1176 | by Nomusa Garikai
NRZ clears 2009 debt with Nssa
THE National Railways of Zimbabwe (NRZ) has cleared its $7,5 million legacy debt to the National Social Security Authority (Nssa) which the parastatal incurred in 2009 after the country adopted the mu...Published: 06 Nov 2020 at 06:31hrs | 153 | by Staff reporter
Financier dumps Zimbabwe
Zimbabwe's efforts to clear its arrears with international lenders who include the World Bank and the African Development Bank have hit a snag after an unnamed financier dumped the country halfway thr...Published: 05 Nov 2020 at 06:47hrs | 6446 | by Staff reporter
Partial dollarization to induce economic stability
The Zimbabwean economy has vaulted back to the multi-currency regime that prevailed between 2009 and 2018 with the US Dollar transactions gradually growing in the formal market while dominating trade ...Published: 03 Nov 2020 at 14:25hrs | 3225 | by Victor Bhoroma
Sheriff attaches NetOne property
NETONE'S property at its shop at the Sam Levy's Village in Borrowdale, Harare, has reportedly been attached by the sheriff over rental arrears.The State-owned telecommunications firm had accum...Published: 03 Nov 2020 at 07:14hrs | 421 | by Nhamo Tofa
Power cuts push Econet losses
DIVERSIFIED telecommunications group Econet Wireless suffered exchange losses in excess of $6 billion in its financial year and reeled under rolling power cuts that hit the country last year.I...Published: 03 Nov 2020 at 06:35hrs | 337 | by Staff writer
Zimbabwe loses 30 tonnes gold to smuggling
ZIMBABWE has reportedly lost between 30 and 34 tonnes of gold which was smuggled to South Africa last year in a new wave of illicit financial flows (IFFs) that are affecting the country, the Zimbabwe ...Published: 03 Nov 2020 at 06:34hrs | 634 | by Staff writer
Kamushinda ordered to pay N$1,5 billion
THE Namibian High Court has ordered embattled top Zimbabwean banker Enoch Kamushinga to pay liabilities for his failed Windhoek-based SME Bank amounting to N$1,5 billion.Liquidators were seeki...Published: 30 Oct 2020 at 17:42hrs | 1140 | by Staff reporter
Zimbabwe scoffs at Britain's attempts to link Rushwaya to Mnangagwa
The Zimbabwean government has reacted with consternation a recent debate in the British House of Lords describing the animated and long deliberation as a "shocking level of invasive interest" in the S...Published: 30 Oct 2020 at 08:09hrs | 4923 | by Staff reporter
RRB controversially pays off NOIC's debt to Tagwirei's Sakunda
Shocking revelations have emerged that the Reserve Bank of Zimbabwe (RBZ) is servicing a US$17,2 million debt owed by the national oil and infrastructure company (NOIC) to Sakunda holdings.NOI...Published: 30 Oct 2020 at 06:36hrs | 1423 | by Staff reporter
'Mnangagwa abusing Presidential Powers Act'
THE Zimbabwe Human Rights NGO Forum has accused President Emmerson Mnangagwa of abusing authority vested in him under the Presidential Powers (Temporary Measures) Act to stifle citizens' freedoms....Published: 30 Oct 2020 at 06:30hrs | 1052 | by Staff reporter
Zacc uncovers rot in BCC land allocation and sales
MORE arrests over corruption are imminent at Bulawayo City Council (BCC) and other local authorities following a series of investigations on land allocation and sales by the Zimbabwe Anti-Corruption C...Published: 30 Oct 2020 at 06:21hrs | 610 | by Staff reporter
Britain to impose fresh sanctions on Zimbabwe?
PRESIDENT Emmerson Mnangagwa's administration could be staring a fresh dosage of British sanctions after recent cases of human gross human rights violations and corruption got attention from the forme...Published: 29 Oct 2020 at 21:09hrs | 683 | by Staff reporter
Zimbabwe in state of radical uncertainty, says Prof Hawkins
Zimbabwe is in a state of radical uncertainty, economic consultant Tony Hawkins told an Association of Healthcare Funders of Zimbabwe (AHFoZ) all stakeholders webinar on health on Wednesday."I...Published: 29 Oct 2020 at 12:50hrs | 2417 | by Agencies
Mnangagwa warned
Businesses have issued a stern warning to the government to effectively deal with a "poisoned political environment" which has the potential to scare away investors.In its submissions for the ...Published: 29 Oct 2020 at 06:25hrs | 14376 | by Staff reporter
Zimra intensifies audits
The Zimbabwe Revenue Authority (Zimra) has intensified audits as part of efforts to plug revenue leakages on Zimbabwe's ports of entry amid indications the economy is losing billions annually through ...Published: 29 Oct 2020 at 06:20hrs | 3596 | by Staff reporter
ZIMCODD calls for Zimbabwe debt cancellation
International financial institutions have to cancel Zimbabwe's crippling debt, the Zimbabwe Coalition on Debt and Development (ZIMCODD) has said, as the burden proscribes the southern African country ...Published: 29 Oct 2020 at 06:20hrs | 332 | by Staff reporter
Mupfumira's bid to relax reporting conditions flops
Former Cabinet minister Prisca Mupfumira had a bad day in court yesterday after her application to have her reporting conditions relaxed was thrown out because the lower court has no jurisdiction to a...Published: 27 Oct 2020 at 07:04hrs | 437 | by Staff reporter
President E.D, you need Strategic Thinkers around you!
I vividly recall Mugabe's last two gigantic rallies in 2017 where politicians fell over each other to bootlick the despot. The former ZANU PF youth leader Kudzai Chipanga openly told the gathering tha...Published: 25 Oct 2020 at 07:40hrs | 664 | by Tinashe Eric Muzamhindo
Violent soldier killed by minors
A 37-YEAR-OLD 1 Commando Regiment-based soldier was on Thursday night killed by three minors after he allegedly attacked their mother over suspected arson at his parents' home in Zaka, Masvingo provin...Published: 24 Oct 2020 at 07:55hrs | 1961 | by Staff reporter
RBZ debt accumulation above US$2 billion
THE US$2,23 billion debt accumulated by the Reserve Bank of Zimbabwe (RBZ) in the 12 months since July 2019 could be grossly understated, as fresh details emerged this week indicating the central bank...Published: 23 Oct 2020 at 08:41hrs | 827 | by Staff reporter
SAA awaits approval to repatriate blocked funds from Zimbabwe
The airline's rescue practitioners, Les Matuson and Siviwe Dongwana, have already accepted the mining company's offer to pay South African Airways (SAA) in exchange for access to its funds in Zimbabwe...Published: 23 Oct 2020 at 08:33hrs | 1067 | by Staff reporter
Zesa gets nod to buy coal in forex
The government has rescinded its earlier decision to bar power utility Zesa from paying for its coal supplies in foreign currency, fearing the move could trigger crippling load shedding, Business Time...Published: 22 Oct 2020 at 07:21hrs | 1763 | by Staff Reporter
The issue of Zimbabwe debt
THIS past Sunday, our church sermon was taken from Nehemiah Chapter 10 and focused on the instructions given to the tribes of Israel which had returned to Israel from exile in Babylon about 400 years ...Published: 21 Oct 2020 at 21:50hrs | 224 | by Eddie Cross
From desert to business hub_Dubai economic story
Dubai is the capital city of the Emirate of Dubai, which in itself is one of the seven emirates (states) that form the United Arab Emirates (UAE). The emirates are former British colonies which got in...Published: 20 Oct 2020 at 14:01hrs | 2271 | by Victor Bhoroma
Sanctions meant to weaken Zimbabwe
ILLEGAL economic sanctions unilaterally imposed on Zimbabwe by Western nations are motivated by a desire to slowly weaken the nation, leaving the country vulnerable to poverty, droughts and epidemics ...Published: 19 Oct 2020 at 23:42hrs | 204 | by Staff reporter
Unpacking Professor Stephen Chan's interview with Bernard
There are no imaginative skills on how to move the country forward internally and externally, be it economic and political in both the ruling party and the opposition of Nelson Chamisa. In 2018,...Published: 17 Oct 2020 at 11:58hrs | 1762 | by Nomazulu Thata
IMF lowers Zimbabwe GDP growth further
THE International Monetary Fund (IMF) says Zimbabwe's economy will contract by 10,4% this year, much higher than its earlier prediction of 7,4%, but expects a rebound next year.It also expects...Published: 16 Oct 2020 at 07:24hrs | 1679 | by Staff reporter
Zimbabwe sanctions mantra divides public opinion
FOR me, the issue of targeted sanctions imposed by the US and her Western allies goes beyond mere allegations, unsubstantiated claims, and circumstantial evidence.This, however, has been the m...Published: 16 Oct 2020 at 07:01hrs | 551 | by Tendai Ruben Mbofana
Mupfumira trial fails to kick off
THE trial of former Cabinet Minister Prisca Mupfumira and ex-Public Service Commission secretary Ngoni Masoka failed to kick-off again this morning after the former's lawyer failed turn up because of ...Published: 15 Oct 2020 at 20:32hrs | 407 | by Staff reporter
Zimbabweans divided over effects of targeted sanctions, as govt can't prove they're responsible for economic crisis
For me, the issue of targeted sanctions imposed by the US and her Western allies goes beyond mere allegations, unsubstantiated claims, and circumstantial evidence - which has been the hallmark of the ...Published: 15 Oct 2020 at 11:40hrs | 1734 | by Tendai Ruben Mbofana
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