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Mthuli Ncube's desperate bid facing a sharp court challenge
Finance minister Mthuli Ncube's desperate bid to balance the government's shambolic books by raising the State's revenue through an unpopular new tax is facing a sharp court challenge.This com...Published: 3 hrs ago | 726 | by Staff reporter
Biti accuses Mthuli Ncube of failing to grasp elementary economics
FINANCE minister Mthuli Ncube is actively seeking to have the Zimbabwe foreign debt forgiven under the Highly Indebted Poor Countries (HIPC) programme by the International Monetary Fund (IMF), a move ...Published: 11 hrs ago | 4667 | by Staff reporter
Prophet Makandiwa defends $6,5m lawsuit
UNITED Family International Church (Ufic) leader Emmanuel Makandiwa and his wife, Ruth, have again defended their position to have a $6,5 million claim, which was filed against them by former congrega...Published: 11 hrs ago | 1034 | by Staff reporter
Zimbabwe MPs must deal with real issues
ZIMBABWE held elections on July 30 this year, which brought forth a Ninth Parliament dominated by Zanu PF, while Emmerson Mnangagwa was deemed elected as President when the Constitutional Court dismis...Published: 11 hrs ago | 282 | by Editorial - newsday
ZBC sues Tazzen Mandizvidza for $1m
ZBC head of news and current affairs Tazzen Mandizvidza has been slapped with a $1 million lawsuit over financial irregularities that plunged the State broadcaster into massive losses.Mandizvi...Published: 15 Oct 2018 at 14:32hrs | 3098 | by Staff reporter
'Tax those above PDL'
The Social and Economic Justice Civic Society Organisations in Zimbabwe - a loose coalition of several non-governmental organisations - says the two percent tax on electronic transactions must be levi...Published: 15 Oct 2018 at 12:38hrs | 535 | by Staff reporter
Tax war spills into court
Government's decision to charge a draconian two percent tax on electronic transactions is likely to face its first legal challenge today.The Daily News can report that a Harare man, Mfundo Mli...Published: 15 Oct 2018 at 12:33hrs | 1985 | by Staff reporter
'Tax pain must be shared'
While it is understandable for President Emmerson Mnangagwa to call on Zimbabweans to adjust to the two percent tax regime for better economic transformation, analysts believe that the pain should als...Published: 15 Oct 2018 at 12:32hrs | 720 | by Staff reporter
Mid-air scare for Air Zimbabwe chattered aircraft
AIR Zimbabwe passengers were left seething with anger at the weekend after a plane chattered by the troubled flag-carrier developed problems mid-air only to be refused emergency landing in Bulawayo....Published: 15 Oct 2018 at 07:21hrs | 5945 | by NewZimbabwe
Zesa targets Zanu-PF chefs
Zesa targets Zanu-PF chefsZesa Holdings (Zesa) is going after top government and Zanu-PF officials, including other influential figures, whose failure to pay for the electricity they use is chocki...Published: 15 Oct 2018 at 07:18hrs | 1513 | by Staff reporter
Zimbabwe Cricket trying to cheat Heath streak
FORMER Zimbabwe senior national cricket team coach Heath Streak has rejected payment in the form of a transfer by Zimbabwe Cricket made to him at the beginning of this month, instead demanding through...Published: 14 Oct 2018 at 09:49hrs | 972 | by Staff reporter
Mnangagwa, Putin set for key talks
President Emmerson Mnangagwa will meet Russia's President Vladmir Putin early next year, as he continues his engagement and re-engagement drive that is calculated to integrate Zimbabwe into the global...Published: 14 Oct 2018 at 09:10hrs | 719 | by Staff Reporter
Grace Mugabe linked Well-Cash off the hook
A Harare man who had dragged Well-Cash Debt Collectors to court arguing that its operations were illegal, has withdrawn the case before it could be heard in the High Court.Cephas Madyanyoka di...Published: 13 Oct 2018 at 14:07hrs | 1010 | by Staff reporter
'Elections failed to meet standards' EU tells Mnangagwa and dishing out the punishment - so must we!
President Mnangagwa and his Zanu PF regime, as the government of the day, had the legal obligation to hold free, fair and credible elections; the highest law of the land, the constitution demanded it,...Published: 12 Oct 2018 at 19:43hrs | 2713 | by Wilbert Mukori
Youth Governance Hub launched in Zimbabwe
Zimbabwe Coalition on Debt and Development (ZIMCODD) in conjunction with Youth-led Innovative engagement With Leadership and Development Trust (YIELD) recently launched a Youth Governance Hub in Eastl...Published: 12 Oct 2018 at 19:41hrs | 420 | by Lisa Tazviinga
Zimbabwean economy reflects state of governance
IN 2015, I argued that the economy was Zanu-PF's most virulent opposition.The 2016 introduction of bond notes pegged to the US dollar saw the emergence of a parallel market for foreign exchang...Published: 12 Oct 2018 at 13:47hrs | 3093 | by Brian Kagoro
Chamisa wants probe on treasury bills
MDC President Nelson Chamisa says parliament should probe government's use of treasury bills (TBs) arguing they were used to rob the nation.In an interview with the Zimbabwe Independent, Chami...Published: 12 Oct 2018 at 13:44hrs | 3192 | by Staff reporter
Chamisa says 2018 is MDC's 'year of misfortunes'
MDC leader Nelson Chamisa has described the year 2018 as a year of misfortunes for the party.In his condolence message last weekend to the family of the late MDC founding president Morgan Tsva...Published: 12 Oct 2018 at 13:21hrs | 4294 | by Staff reporter
Mthuli Ncube seeks IMF's economic supervised plan
Zimbabwe has invited the IMF to undertake a supervised economic reform plan as it moves to implement reforms and complete the Lima arrears clearance plan agreed in 2015. Under the Lima plan Zi...Published: 12 Oct 2018 at 07:36hrs | 3762 | by Staff reporter
Extreme poverty in Zimbabwe hits 79%
MDC-Alliance legislator Tapiwa Mashakada has said the poverty situation in Zimbabwe has reached 79% with the unemployment rate pegged at 95%.Mashakada said this in parliament while moving a mo...Published: 12 Oct 2018 at 07:36hrs | 1043 | by Stephen Jakes
Zimbabwe bailout beyond arrears clearance
Zimbabwe's chances of accessing financial bailout are not only limited to arrears clearance to the international financial institutions amid indications the ongoing re-engagement efforts by the Govern...Published: 12 Oct 2018 at 07:32hrs | 406 | by Staff reporter
Some Zimbabweans have poisoned themselves with spit
THE more one reads some reactions to the current upheavals in the economy, the more one sees that some people have poisoned themselves with spite.It's not only me who has observed that. Level-...Published: 12 Oct 2018 at 07:17hrs | 1363 | by Conway Tutani
Zanu-PF rants over Mthuli Ncube's 2% tax
PRESIDENT Emmerson Mnangagwa's Zanu-PF party has registered disquiet over Finance minister Mthuli Ncube's 2% tax and the separation of RTGS accounts from nostro foreign currency accounts, blaming the ...Published: 12 Oct 2018 at 07:05hrs | 3185 | by Staff reporter
Kirsty Coventry fires SRC board
EDWARD SIWELA'S 13-year-tenure in the Sport and Recreation Commission came to an end yesterday when Youth, Sport, Arts and Recreation Minister Coventry dissolved his board. The Minister wielde...Published: 12 Oct 2018 at 06:58hrs | 3421 | by Staff reporter
'Zimbabwe economy to undergo painful epoch'
Government is putting in place a cocktail of stern measures that will ensure its public accounts will be streamlined within its means while the public has to brace for sterner times as the panacea to ...Published: 12 Oct 2018 at 06:45hrs | 1050 | by Staff reporter
Zimbabwe general warns on foreign bases in Djibouti
Major General Trust Magoba - who now serves as a special advisor to the African Union office for Peace and Security - has raised concern at foreign interference on the continent."The establish...Published: 11 Oct 2018 at 14:02hrs | 5207 | by Staff reporter
Well-cash case to be heard by High Court
The High Court will sit down to make a determination on a case involving Well-cash Debt Collectors and Mr. Cephas Madyanyoka a member of Community Water Alliance. The case will be heard before Justice...Published: 11 Oct 2018 at 10:09hrs | 1676 | by Stephen Jakes
Globetrotting and U-turn Minister is Asia begging for funds - no, first sort illegitimacy
One can see why few people would ever refuse to be appointed minister in Zimbabwe; the country is the poorest in Africa and yet it has the most well-travelled officials in the whole world. The...Published: 11 Oct 2018 at 09:18hrs | 2091 | by Patrick Guramatunhu
Zimbabwe police, protesters expected to clash
A showdown is looming in Zimbabwe on Thursday as labour unions have vowed to go ahead with planned protests against the country's continued economic crisis. This is despite a police ban on account of ...Published: 11 Oct 2018 at 07:16hrs | 2960 | by Staff reporter
Looting of State resources to blame for economic crisis
THE Zimbabwe economic malaise can be traced to the political elite in the ruling party who loot and strip public funds from institutions such as the Reserve Bank of Zimbabwe, among others.The ...Published: 11 Oct 2018 at 06:42hrs | 1082 | by Tendai Kamba
How the Zimbabwe govt stole from its people, again
THERE is a scene in the 1978 classic movie, The Great Train Robbery, which portrays the destructive arrogance of Zimbabwe's monetary policy over the past two decades.After masterminding a gold...Published: 11 Oct 2018 at 06:41hrs | 1657 | by newZWire
Mthuli Ncube secures guarantee for RTGS bank balances
GOVERNMENT yesterday claimed it has secured a guarantee from the Afreximbank to ring-fence the estimated $6 billion real time gross settlement (RTGS) bank balances in bank accounts, but critics rounde...Published: 11 Oct 2018 at 06:31hrs | 1833 | by Staff reporter
Zimbabwe: We rise and fall together
The prophets of 'scorched earth politics are at it again. Suddenly, according to their reading Zimbabwe is back to year 2008. What utter nonsense! The scenarios could never be more different. If we ar...Published: 10 Oct 2018 at 18:23hrs | 2332 | by Lloyd Msipa
Mugabe's Sekeramayi hits hard times
Former Defence minister Sydney Sekeramayi appears to have hit hard times as the senator for Marondera is battling to settle some of his obligations, the Daily News can report.According to the ...Published: 10 Oct 2018 at 16:00hrs | 2364 | by Staff reporter
Zimbabweans scramble for Emirates tickets
Zimbabwe's travelling public is scrambling to secure Emirates tickets, some booking as far ahead as August 2019 for speculative reasons.Emirates, is among the few major airlines which have not...Published: 10 Oct 2018 at 15:56hrs | 2521 | by Staff reporter
'Mnangagwa shouldn't sacrifice ordinary Zimbabweans'
Government has been urged to own up to its overspending and stop punishing ordinary citizens by burdening them with the extra two percent per dollar tax.Responding to President Emmerson Mnanga...Published: 10 Oct 2018 at 15:36hrs | 679 | by Staff reporter
Chamisa 'won't stop people from protesting'
Movement for Democratic Change (MDC) leader, Nelson Chamisa, has reportedly said that his party "will not stop people from exercising their constitutional right to protest against the collapse of the ...Published: 10 Oct 2018 at 14:38hrs | 3733 | by Staff reporter
Zimbabwe faces worst economic crisis in a decade
As Zimbabwe plunges into its worst economic crisis in a decade, gas lines are snaking for hours, prices are spiking and residents goggle as the new government insists that the country - somehow - has ...Published: 10 Oct 2018 at 14:36hrs | 1971 | by AP
Mthuli Ncube goes on a tangent, sounds very dodgy
FINANCE minister Honourable, Professor Mthuli Ncube goes at a tangent while trying to address the question of double taxation on Zimbabweans moving money from their bank account to their mobile money ...Published: 10 Oct 2018 at 11:16hrs | 5831 | 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 | 920 | by Tinashe Eric Muzamhindo
Biti, Mashakada table alternative economic policy
OPPOSITION MDC Alliance MPs yesterday tabled their party's alternative economic policy, which includes demonetising the surrogate bond note and for the country to join the Rand Monetary Union....Published: 10 Oct 2018 at 06:42hrs | 1253 | by Staff reporter
Zimbabwe's fat cats too must feel pain of ordinary citizens
THAT the majority Zimbabweans have started feeling the pain of Finance minister Mthuli Ncube's economic reforms as a necessary rite of passage in the healing of the Zimbabwean economy which has been s...Published: 10 Oct 2018 at 06:33hrs | 347 | by Editorial - newsday
Zimbabwe economy is self-dollarising, says Mthuli Ncube
THE Minister of Finance and Economic Development, Professor Mthuli Ncube, has said developments in the currency market in Zimbabwe are an indicator that the economy is "self dollarising" in response t...Published: 10 Oct 2018 at 06:27hrs | 5336 | by Staff reporter
Sikhala stirs Zanu-PF anger
Opposition Zengeza West MP Job "Wiwa" Sikhala has become well known in the National Assembly for his provocative and controversial statements.Wiwa, who is MP on the MDC Alliance ticket, sees p...Published: 09 Oct 2018 at 21:07hrs | 5123 | by Staff reporter
Robbers target money changers
Armed robbers are targeting illegal foreign currency dealers, operating on the streets of Zimbabwe's major towns, with the latest incident seeing a Harare man being robbed of $44 000.Ironicall...Published: 09 Oct 2018 at 14:42hrs | 3280 | by Staff reporter
Tax protests loom
Zimbabwe is on the brink of crippling protests over the recently introduced tax regime that are seen dampening current efforts aimed at reviving the country's economy, which has continued on a downwar...Published: 09 Oct 2018 at 14:41hrs | 2050 | by Staff reporter
Mthuli Ncube splits Mnangagwa's Cabinet
The recently announced tax regime has divided President Emmerson Mnangagwa's Cabinet right through the middle with a section of it pushing hard to have the austerity measures reversed to ease the suff...Published: 09 Oct 2018 at 14:39hrs | 11375 | by Staff reporter
Chamisa's supporters stuck in Wonderland
Some issues do not add up, but some people believe them anyway. Could it be escapism – creating a bubble enabling one to escape from his shortcomings in the real world, or such people strongly belie...Published: 09 Oct 2018 at 12:14hrs | 3939 | by Mapozho Saruchera
Nkosana Moyo offers free advice to Mnangagwa and Mthuli Ncube
Statement on Fiscal and Monetary StatementsThe population is trying to understand what happened on 1st. October. Should they be happy, unhappy or indifferent?As APA and in my own capac...Published: 09 Oct 2018 at 11:58hrs | 19666 | by Nkosana Moyo
Mnangagwa is illegitimate, he must step down!
It is highly likely that Emmerson Dambudzo Mnangagwa will rig the 2023 elections. He must therefore be forced out or he will rig again the 2023 elections. "Are we men or are we mice!"The purpo...Published: 09 Oct 2018 at 10:02hrs | 5714 | by Wilbert Mukori
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