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Mthuli Ncube faces uphill task
FINANCE minister Mthuli Ncube, expected to present his mid-term budget statement next week, faces a daunting task to craft a cocktail of measures to stem the steepest economic decline in Zimbabwe sinc...Published: 19 hrs ago | 3655 | by Staff reporter
Zimbabweans should refuse to be abused, and used as sacrificial lambs for a self-serving ruling elite opportunist clique
Whenever any government resorts to habitually and incessantly using the 'national interests' tag, then a wise nation should immediately know that their leaders have reached record lows in their parasi...Published: 09 Jul 2020 at 15:32hrs | 813 | by Tendai Ruben Mbofana
Chiwenga's ex battles property attachment over debt
VICE PRESIDENT Constantino Chiwenga's ex-wife Jocelyn Chiwenga has filed an urgent chamber application seeking to bar possible attachment of her property after failing to settle a $99 000 Tian Ze Toba...Published: 08 Jul 2020 at 18:30hrs | 3434 | by Staff reporter
Nehanda's bones not yet risen - as she didn't die for White Rhodesia to be replaced by Black Rhodesia!
Yesterday, the 7th July 2020, I took time to watch the usual post-Cabinet media briefing, beamed live on state television - whereby, several government ministers update the nation on their deliberatio...Published: 08 Jul 2020 at 15:51hrs | 741 | by Tendai Ruben Mbofana
Chasi pays school fees for 1 200 pupils
ENERGY minister and Mazowe South legislator Fortune Chasi (Zanu-PF) has paid tuition fees for 1 200 pupils from underprivileged families in his constituency as the community bears the brunt of the clo...Published: 06 Jul 2020 at 13:09hrs | 1515 | by Staff reporter
BCC struggles to pay workers
BULAWAYO City Council (BCC) says its coffers are running dry and as such it is struggling to pay its workers and deliver services effectively. The council which says its revenue declined by 80...Published: 06 Jul 2020 at 13:06hrs | 489 | by Staff reporter
'No bailout until implement reforms' says Paris Club - we're paying dearly for double Dutch
Zimbabwe is in this serious economic mess and political paralysis; having Zanu PF on the one hand and an equally corrupt, incompetent and utterly useless opposition on the other; because, for 40 years...Published: 06 Jul 2020 at 06:57hrs | 2576 | by Wilbert Mukori
Zanu-PF slavery
'Slave wages' was the reason the Zimbabwe Nurses' Association (ZINA) gave for health workers going on strike in the midst of the coronavirus pandemic.Slave conditions describes what was behind...Published: 05 Jul 2020 at 18:38hrs | 1386 | by Zimbabwe Vigil Diary
Setback for Mthuli Ncube
THE Paris Club has spurned the Zimbabwean government's appeal for a bailout saying no financial assistance will be extended to Harare until satisfactory reforms implemented.Paris Club comprise...Published: 05 Jul 2020 at 15:08hrs | 6925 | by Staff reporter
Revenue increased 57% in one month and budget surplus became deficit - Ncube hocus pocus finance
In Minister of Finance, Professor Mthuli Ncube, Zimbabwe has Charles Dickens unsavoury Oliver Twist characters; Fagin, a conniving career criminal; Bill S...Published: 04 Jul 2020 at 05:50hrs | 2132 | by Patrick Guramatunhu
'Zimbabwe can finance own development'
ZIMBABWE has enough resources to finance its own development if the right mindsets, as well as institutional and legal frameworks, are put in place, a joint report by organisations that promote socio-...Published: 03 Jul 2020 at 08:28hrs | 2853 | by Staff reporter
Pensioner sues over US dollar savings
AN 86-year-old pensioner is challenging the constitutionality of the statutory instrument (SI) that converted United States dollar balances to Real-Time Gross Settlement (RTGS) accounts, which resulte...Published: 03 Jul 2020 at 08:28hrs | 5309 | by Staff reporter
Matiza censured over collapsed DIDG deal
IN the wake of the controversial termination of the US$400 million National Railways of Zimbabwe (NRZ) recapitalisation deal last year by cabinet, Attorney-General (AG) Prince Machaya reportedly wrote...Published: 03 Jul 2020 at 08:27hrs | 2654 | by Staff reporter
Metallon sells gold assets to Tagwirei's Landela
MZI Khumalo's Metallon has completed the sale of Shamva Mine to Kuda Tagwirei's Landela Mining Ventures, while the sale of Mazowe Mine is expected shortly.The transaction represents a change o...Published: 03 Jul 2020 at 07:58hrs | 1810 | by Staff reporter
Mnangagwa's govt neglecting diplomats, Parly told
THE government is neglecting its foreign missions and owes ambassadors and employees a cumulative US$30 million in salaries, rentals and tuition fees.Presenting oral evidence before the Parlia...Published: 03 Jul 2020 at 07:53hrs | 245 | by Staff reporter
From Mnangagwa's oil and soup dripping hands, to Chamisa's naivety
BESIDES pulling down an outdated calendar and hanging up another on the wall each year in Zimbabwe, has anybody ever asked themselves if really we are going anywhere as a country? I say this with ever...Published: 02 Jul 2020 at 18:26hrs | 1575 | by Robert Sigauke
Zanu-PF aspiring MP in adultery storm
ZANU-PF Wedza parliamentary aspirant, Enock Mutonho, has been dragged to court over adultery damages after allegedly confessing that he had an intimate relationship with a soldier's wife for almost a ...Published: 01 Jul 2020 at 07:29hrs | 2599 | by Staff reporter
Mnangagwa's administration fails to recover looted funds
PRESIDENT Emmerson Mnangagwa's administration has failed to recover funds looted by chief executive officers (CEOs) of 13 State enterprises and parastatals (SEPs) who were taking home an aggregated US...Published: 01 Jul 2020 at 07:29hrs | 1864 | by Staff reporter
Chanisa aligned EU ruled out providing budgetary support to Zimbabwe
THE European Union (EU) has ruled out providing budgetary support to Zimbabwe to stabilise its economy citing lack of accountability and high-level corruption.EU ambassador to Zimbabwe Timo Ol...Published: 01 Jul 2020 at 07:26hrs | 1266 | by Staff reporter
Interim Zisco board chair leaves in a huff
ECONOMIST Gift Mugano has resigned as Ziscosteel interim chairperson after Industry minister Sekai Nzenza reportedly censored him for making remarks that were deemed in 'conflict' with his role as a b...Published: 30 Jun 2020 at 08:16hrs | 1455 | by Staff reporter
Key concerns on the Forex auction system
The Reserve bank of Zimbabwe (RBZ) is cautiously yielding to free market demands for the complete liberalization of the foreign exchange market and scrapping of various consumption subsidies that were...Published: 30 Jun 2020 at 08:15hrs | 4992 | by Victor Bhoroma
Chamisa has been hijacked, says Mashakada
Founding MDC member and Economic Planning former minister Tapiwa Mashakada recently left the MDC-Alliance led by Nelson Chamisa claiming the party had stopped being a workers' movement and that it had...Published: 28 Jun 2020 at 17:44hrs | 8948 | by Staff reporter
Zimbabwe needs a fresh start and a people's government!
MDC Alliance leader Nelson Chamisa has said Zimbabwe needs a fresh start and a people's government after the Zanu PF government has successively failed to ruin the country for 40 years now."Zi...Published: 28 Jun 2020 at 10:03hrs | 1750 | by Stephen Jakes
EcoCash ignores govt ban amid
ECOCASH has continued offering its services despite a shock government ban on mobile money services on Friday.The government said it had suspended all mobile money services as it battles again...Published: 28 Jun 2020 at 08:17hrs | 1071 | by Staff reporter
Mnangagwa courts unrest
Zimbabweans celebrated in their tens of thousands when the military ousted Robert Mugabe and installed Emmerson Mnangagwa as president. Two-and-a-half years later, the party is over.Mnanga...Published: 28 Jun 2020 at 08:13hrs | 778 | by Bloomberg
Zimbabwe economy run by master criminals fleecing the poor
Ordinary Zimbabweans have suffered for years as a result of currency manipulation and corruption by the elites who have siphoned US dollars away into their overseas bank accounts. Now, a recent ruling...Published: 28 Jun 2020 at 08:11hrs | 1469 | by Thandekile Moyo
NRZ: Mnangagwa's govt in catch-22 situation
GOVERNMENT has instructed the National Railways of Zimbabwe (NRZ) board to fire the parastatal's management for poor performance and gross mismanagement of the parastatals' affairs, Southern Eye on Su...Published: 28 Jun 2020 at 08:02hrs | 578 | by Staff reporter
RBZ confirms mobile money ban but keeps platforms open for small transactions
THE Reserve Bank of Zimbabwe (RBZ) has suspended all money agents from mobile financial transactions but the general public can still continue to transact using the platforms.In a statement ye...Published: 28 Jun 2020 at 07:18hrs | 304 | by Staff reporter
Zimbabwe's economists query China's friendship
Some of the country's economists have raised their eyebrows with regards to China's debt cancellations in Africa which were revealed earlier on this week.China's cancellation of debt towards r...Published: 27 Jun 2020 at 10:35hrs | 1645 | by Daniel Itai, Harare, Zimbabwe
From Zanu's Oil and Soup Dripping Hands, to the Opposition's Naivety
Besides pulling down an outdated calendar and hanging up another on the wall each year in Zimbabwe, has anybody ever asked themselves if really we are going anywhere as a country? I say this with ever...Published: 27 Jun 2020 at 08:54hrs | 4869 | by Robert Sigauke
Venda King fingered in R2 billion bank heist
South Africa's Vhavenda King Khosikhulu Vho-Toni Mphephu Ramabulana has been fingered as a beneficiary of the R2 billion VBS Mutual Bank heist that seen Sipho Malaba the nephew of Chief Justice Luke M...Published: 26 Jun 2020 at 20:29hrs | 4184 | by Mandla Ndlovu
Zimbabwe fuel price hike raises ethanol eyebrows
ZIMBABWE'S fuel is the most expensive in the region following this week's price hike, amid grave concern over the cost component of locally-produced ethanol on the overall petrol price. Ethanol is sup...Published: 26 Jun 2020 at 07:55hrs | 2868 | by Staff reporter
De-dollarisation recipe for disaster: Lessons from Peru
THE following are the numerous questions that need to be addressed about the Reserve Bank of Zimbabwe (legal tender) Regulations, SI 142.Has government addressed the fundamentals which lead to...Published: 26 Jun 2020 at 07:42hrs | 1620 | by Justice Dzama
How RBZ, govt sabotaged plans to restore Zimdollar
UNITED States $75 allowances and allowing retailers to trade in forex show a government shifting into reverse gear, possibly ditching two years' worth of policy steps to end dollarisation.The ...Published: 26 Jun 2020 at 07:26hrs | 6349 | by Staff reporter
Govt terminates CSC deal
GOVERNMENT has cancelled the much touted US$130 million deal with a United Kingdom company, Boustead Beef (Boustead) for the recapitalisation of the Cold Storage Company (CSC), it has emerged....Published: 25 Jun 2020 at 06:53hrs | 1652 | by Staff reporter
Mnangagwa says 'end is coming'
President Emmerson Mnangagwa warned his government will tackle "malpractices" that have undermined his government's efforts to end an economic crisis.The comments echo remarks Mnangagwa made t...Published: 24 Jun 2020 at 20:59hrs | 11434 | by Staff reporter
The truth behind Temba Mliswa, Paul Westwood and Never Katiyo contested case
There has been a talk about Temba Mliswa and Westwood and the criminal activities Temba is alleged to have committed abusing ZANU PF and the first family then. A lot of complaints were lodged and accu...Published: 24 Jun 2020 at 17:47hrs | 2013 | by Dr Masimba Mavaza
'Zimbabwe needs bailout or political breakthrough'
Zimbabwe cannot revive its economy without an international bailout, but any bailout is most likely to come with political and economic conditions attached to it. This comes as the economy is forecast...Published: 24 Jun 2020 at 17:44hrs | 877 | by Staff reporter
ZAPU President Isaac Mabuka speaks
Q1: Thank you Mr. Mabuka for your time. Please introduce yourself to the people. Who is Mabuka?A: I am Isaac Mabuka. I was born in 1953 on 26 April in Gwanda South. I did my primary education ...Published: 24 Jun 2020 at 13:15hrs | 3173 | by Mandla Ndlovu
Debt cripples Harare
Harare City Council operations have been crippled by debtors that owe it more than $1. 4 billion with residents being the major debtors followed by business and Government, respectively. Accor...Published: 24 Jun 2020 at 07:07hrs | 229 | by Staff reporter
Africa celebrated a continent marred by criminality, slavery and human-organ theft
On the 25th of May the African time stood still: The rich continent was celebrating the 57 years of its existence: on this day, the AU acknowledges its successes and challenges. The continent has a hi...Published: 23 Jun 2020 at 13:23hrs | 547 | by Nomazulu Thata
Mohadi faces contempt of court over abduction damages
VICE-PRESIDENT Kembo Mohadi and several former government officials have been taken to the High Court by a Zimbabwe Peace Project (ZPP) employee, Pascal Gonzo, who wants them charged for contempt of c...Published: 22 Jun 2020 at 08:18hrs | 1698 | by Staff reporter
Gold Leaf Tobacco boss wins property wrangle
THE High Court has absolved local business tycoon Simon George Rudland, co-owner of Gold Leaf Tobacco Corporation, of any wrongdoing in a matter in which he was being accused of transferring his busin...Published: 22 Jun 2020 at 08:10hrs | 522 | by Staff reporter
Dr. Edison Zvobgo abolished lobola Mr Ziyambi: it has become commodified livestock with variable price tag!
It should never escape me to comment on what Justice Minister Ziyambi previously said about lobola in our diverse cultures. Talking about lobola nowadays, almost every society in Zimbabwe upholds trad...Published: 21 Jun 2020 at 18:50hrs | 3417 | by Nomazulu Thata
Uproar over constitution overhaul
The government's push to overhaul the constitution only seven years after it was adopted was met with fierce opposition during the countrywide public hearings organised by Parliament.President...Published: 21 Jun 2020 at 11:42hrs | 377 | by Staff reporter
Masiyiwa organising funding for Zimbabwe
Zimbabwe will receive funding support to buy medical equipment to fight Covid-19 from Afreximbank as part of the African Union's initiative to help its members combat the pandemic, businessman Strive ...Published: 21 Jun 2020 at 11:41hrs | 1471 | by Staff reporter
Zimbabwe-China to meet on debt relief
ZIMBABWE and China will soon begin talks to implement a directive by President Xi Jinping for Beijing to cancel financial obligations owed to African countries.It is anticipated that the debt ...Published: 21 Jun 2020 at 11:08hrs | 407 | by Staff reporter
Zimbabweans must desist from negativity before it spreads like a disease
LAST week, Reserve Bank of Zimbabwe (RBZ) Governor, Dr John Mangudya, announced the introduction of a foreign exchange auction trading system with effect from June 23, 2020, which effectively means th...Published: 20 Jun 2020 at 21:05hrs | 1244 | by Toby Sithole
Zimbabweans must desist from negativity before it spreads like a disease
LAST week, Reserve Bank of Zimbabwe (RBZ) Governor, Dr John Mangudya, announced the introduction of a foreign exchange auction trading system with effect from June 23, 2020, which effectively means th...Published: 20 Jun 2020 at 20:32hrs | 289 | by Toby Sithole
Harare repossess sports clubs
THE Harare City Council has resolved to terminate all leases with their sports clubs, council principal communications officer Innocent Ruwende has said.In an interview with the Daily News, Ru...Published: 20 Jun 2020 at 08:45hrs | 1766 | by Staff reporter
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