Search / Deindustrialisation
Bulawayo water crisis demands urgent attention
THE Bulawayo City Council (BCC) has extended the 120-hour water rationing schedule in some parts of the city owing to reduced pumping capacity at the Ncema Dam plant where there are ongoing maintenanc...Published: 24 Feb 2024 at 14:15hrs | 1 | by Staff reporter
CCC MP candidate to push for laws against deindustrialisation
The Citizens Coalition Candidate for Change (CCC) candidate for Nketa Constituency, Obert Manduna, has a lofty goal to push for laws prohibiting deindustrialisation in Bulawayo once he is in Parliamen...Published: 21 Jul 2023 at 16:27hrs | 3 | by Staff reporter
Zimbabwe now one of the fastest growing African economies
ANALYSING Zimbabwe's unconventional economy always proves somewhat cumbersome because it is a country bridled with policy inconsistency, unfavourable operating conditions buoyed by decades of unilater...Published: 02 Dec 2022 at 19:32hrs | | by Respect Gwenzi
Comesa panics over Tiger Brands toxic products
THE 21-member Common Market for Eastern and Southern Africa (Comesa) bloc raced to forestall a regional health crisis on Friday, as it emerged that one of South Africa's biggest firms had recalled a s...Published: 13 Sep 2022 at 05:59hrs | | by Staff reporter
Zimdollar worries industry
THE Confederation of Zimbabwe Industries (CZI) is having sleepless nights over an overvalued Zimbabwean dollar (Zimdollar), which is now undermining the scope for maximising structural efficiency and ...Published: 13 May 2022 at 19:09hrs | 1 | by Staff reporter
CZI hits back at Mangundya over Zimdollar crisis
THE Confederation of Zimbabwe Industries (CZI) has hit back at Reserve Bank of Zimbabwe (RBZ) governor John Mangudya's suggestion that their position on the crumbling local currency was misinformed....Published: 25 Apr 2022 at 09:18hrs | | by Staff reporter
Zimdollar use no longer viable
ZIMBABWE'S largest business group has warned that the economy faces collapse if the government insists on foisting the rapidly weakening local currency on the market when it is obvious that it is no l...Published: 25 Apr 2022 at 09:04hrs | 1 | 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
Zimdollar market correction
A MAJOR highlight of this week's auction is the magnitude of currency depreciation. The Zimbabwean dollar (Zimdollar) weakened by the highest weekly margin since the beginning of the year, a strong si...Published: 08 Oct 2021 at 19:03hrs | 5 | by Respect Gwenzi
Power cuts could derail industrial targets
The power outages besetting the country are set to derail economic growth prospects during a difficult phase for Zimbabwe when the economy is reeling from the effects of COVID-19, economic analysts an...Published: 28 Sep 2021 at 06:18hrs | 1 | by Staff reporter
BCC to prioritise Bulawayo firms in awarding contracts
THE Bulawayo City Council (BCC) has come up with a policy that will see it giving priority to local companies in all major projects in a bid to boost local empowerment.The local authorit...Published: 22 Aug 2021 at 07:50hrs | | by Staff reporter
Supermarkets doomed after $120bn snub
SEVERAL measures being deployed by government to rebuild the economy may be doomed unless they are twinned with policies that boost spending power, the Confederation of Zimbabwe Retailers (CZR) said, ...Published: 19 Aug 2021 at 06:33hrs | | by Staff reporter
Informal sector keeps Bulawayo running
THE informal sector in Bulawayo has contributed more than $13 million to council coffers through licence fees and rentals during the first six months of the year, Southern Eye has learnt.The l...Published: 10 Aug 2021 at 08:48hrs | | by Staff reporter
Zanu-PF cajoles business for support
THE ruling party Zanu-PF says businesses owe President Emmerson Mnangagwa votes in the 2023 elections since his policies are responsible for their success and they should repay by supporting the presi...Published: 05 Jun 2021 at 09:17hrs | | by Staff reporter
Why Zimbabwe must dollarise again
THE Reserve Bank of Zimbabwe (RBZ)'s new Monetary Policy Committee (MPC) hit the ground running on March 26, announcing a raft of policy measures to sustain the fragile stability that has seen inflati...Published: 15 Apr 2021 at 07:32hrs | 6 | by Taurai Mangudhla
Bulawayo conducts virtual consultations on city master plan
THE Bulawayo City Council (BCC) has embarked on a virtual consultation with residents on the city's master plan in line with the country's Regional, Town and Country Planning Act.The current c...Published: 10 Apr 2021 at 04:57hrs | | by Staff reporter
Will capitalism allow SA to bail Zimbabwe out?
SOUTH AFRICA has taken the unofficial role of Zimbabwe's big brother over the years given its relatively better economy and extensive relationship with the country.When Zimbabwe's socio-econom...Published: 30 Sep 2020 at 07:28hrs | | by Tafara Mtutu
Zimbabwe govt only repays 2% of $9,5m domestic debt
GOVERNMENT has, in the first two months of the year, only managed to pay $195 million, or 2%, towards the country's domestic debt which is currently hovering around $9,5 billion, Finance and Economic ...Published: 30 Apr 2019 at 06:51hrs | | by Staff reporter
Zimbabwe struggles despite huge forex inflows
ZIMBABWE is doing fairly well in terms of foreign currency earnings compared to countries such as Rwanda and Ethiopia yet the country is struggling to meet its forex obligations, a situation which has...Published: 17 Mar 2019 at 08:56hrs | 1 | by Staff reporter
Chamisa statement on the prevailing economic, political and humanitarian situation
Fellow Zimbabweans! 1.1 I have taken time to assess the environment in the country to have a first-hand account of the economic, political and humanitarian situation. Indeed,...Published: 23 Oct 2018 at 14:24hrs | | by Adv. Nelson Chamisa MDC President
Factors impeding growth of industry in Bulawayo
IN my first submission I sought to unpack Bulawayo deindustrialisation and highlighted the political impact on the state of the manufacturing sector.Today I continue my submission with focus o...Published: 08 Aug 2018 at 06:31hrs | | by Obert Sibanda
Khupe, Wilson pledge to revive Bulawayo
A total of 23 candidates will be vying for the top post in Zimbabwe's harmonised elections due in less than two weeks' time and of these only two hail from the second largest city, Bulawayo.Wh...Published: 18 Jul 2018 at 15:10hrs | | by Staff reporter
The top 5 party manifestos
LAST week's column looked at the Build Zimbabwe manifesto which I ranked third . This week we examine a fourth manifesto.Paul KasekeNumber 2: People's Rainbow CoalitionThe coal...Published: 04 Jul 2018 at 07:25hrs | | by Staff rpeorter
Our team will not seek imposition of Sanctions (ZANUPF lies must be ignored)
The nation is already aware that the MDC Alliance has deployed a team which includes our President Tendai Biti, Prof Welshman Ncube, Hon Adv Nelson Chamisa and Mr Jacob Ngarivhume on a diplomatic miss...Published: 12 Dec 2017 at 10:15hrs | | by PDP
MDC Alliance to craft economic rescue plan
THE Morgan Tsvangirai-led MDC Alliance has begun gathering its policy experts to craft an alternative economic rescue plan for Zimbabwe, which they believe will remove the country from its quagmire on...Published: 11 Nov 2017 at 07:35hrs | | by Staff Reporter
PDP Mourns Abisha Nyanguwo
The People's Democratic Party joins the MDC-T, the Nyanguwo family and all the democrats in mourning the untimely passing of Mr Abisha Nyanguwo.Mr Nyanguwo was a veteran trade unionist who dem...Published: 19 Oct 2017 at 12:06hrs | | by Jacob Mafume, PDP Spokesperson
Revival of Bulawayo industries possible task
OVER the years a lot has been said about the deindustrialisation of the country's second largest city, Bulawayo. It has been reported that nearly 100 companies closed in Bulawayo causing the loss of m...Published: 20 Aug 2017 at 07:22hrs | | by Staff Reporter
Bulawayo Council sell houses over unpaid water bills
THE Bulawayo City Council will explore the option of selling residents' properties to offset debts accumulated by households that are failing to settle their bills as the local authority continues to ...Published: 25 Jun 2017 at 12:18hrs | | by Staff reporter
Zanu-PF stealing from all celebration days
Yesterday the world celebrated Press Freedom day, in Zimbabwe ZANUPF stole the celebration as they do with Christmas, Independence, Workers day among other commemorations.A few days ago the wo...Published: 04 May 2017 at 13:42hrs | | by Jacob Mafume
Clearing World Bank arrears irresponsible and treasonous, says Biti
Finance minister Patrick Chinamasa's planned move to pay $1,1 billion towards settling Zimbabwe's World Bank dues is "criminally irresponsible and treasonous", former Finance minister Tendai Biti has ...Published: 01 May 2017 at 12:14hrs | | by Staff reporter
Chinamasa's Trafigura deal; a betrayal of the working people of Zimbabwe
The announcement by Minister Chinamasa that he has found the US 1,1 billion needed to pay what Zimbabwe owes to the World Bank should cause distress to any right thinking Zimbabwean.The inte...Published: 28 Apr 2017 at 20:03hrs | | by Tendai Biti PDP President
SADC must act on the Zimbabwean crisis
The People's Democratic Party urges SADC to act on the concerns of the Zimbabwean people instead of adopting the current passive by-standing approach.A crisis has been brewing in Zimbabwe for ...Published: 27 Mar 2017 at 11:17hrs | | by Jacob Mafume
Tendai Biti's State of the Economy Address- Fulltext
STATE OF THE ECONOMY ADDRESS (SEA) BY THE PRESIDENT OF THE PEOPLE'S DEMOCRATIC PARTY (PDP) PRESIDENT, HONORABLE TENDAI BITI PRESENTED ON THE 9TH OF DECEMBER 2016 AT THE PDP PARTY OFFICES IN HARARE, AT...Published: 13 Dec 2016 at 13:08hrs | | by Tendai Biti
Bimha urges everyone to play a part in creating better future
Creating a better future is everyone's responsibility. It is not government's responsibility alone, Industry and Commerce Minister Mike Bimha told chartered secretaries when he addressed their annual ...Published: 25 Sep 2016 at 09:20hrs | | by Agencies
PDP condemns Zanu PF's move to stifle social media
Wednesday, 17 August 2016The new found energy by the Zanu PF regime to suddenly characterise the use of social media as terrorism is baseless and senseless.It is very strange t...Published: 17 Aug 2016 at 14:50hrs | | by Jacob Mafume
CZI gives thumbs up to import restrictions
The Confederation of Zimbabwe Industries says the decision by Government to restrict imports of certain products that can be manufactured locally was critical to halt continued decay of local industry...Published: 13 Jul 2016 at 06:39hrs | | by Business Reporter
Free Mawarire now of face the full wrath of PEOPLE POWER!
It is undeniable that Zimbabwe faces a protracted mutually reinforcing economic and political crisis of monumental proportions right now and arresting Pastor Evan Mawarire won't bring a solution to th...Published: 12 Jul 2016 at 15:45hrs | | by Clemence Nhliziyo
People must take back national agenda in 2016: Biti
PDP President Tendai Biti on Thursday urged Zimbabweans to create a new narrative in 2016 in order to avert an implosion that has been caused by Robert Mugabe and Zanu PF.Biti said this at a S...Published: 18 Dec 2015 at 14:13hrs | | by PDP
Zimbabweans shun banking sector
MORE than 80 percent of local transactions happen in cash as Zimbabweans continue to shun the formal banking process while more than 25 percent of bank accounts are dormant. According to a new...Published: 15 Dec 2015 at 05:00hrs | | by Conrad Mwanawashe
ZITF to focus on reversing deindustrialisation
ZIMBABWE’S premier trade exhibition will next year focus on reversing deindustrialisation that has seen several companies across the country shutting down with some scaling down operations to keep a...Published: 12 Nov 2015 at 18:31hrs | | by Staff Writer
The Insanity of the confused Confucius Peace Prize - PDP
The People's Democratic Party (PDP) secretary general Gorden Moyo has said his party is utterly disgusted that President Robert Mugabe was awarded by China the Confucius Peace Prize on grounds of his ...Published: 23 Oct 2015 at 07:41hrs | | by Stephen Jakes
The insanity of the Confucius Peace Prize - PDP
The People's Democratic Party (PDP) is utterly disgusted that Robert Mugabe was awarded the China's Confucius Peace Prize in the name of his management of the economy in Zimbabwe and promotion of peac...Published: 20 Oct 2015 at 18:21hrs | 30 | by Dr Gorden Moyo
'Critical shortage of engineers hits Zimbabwe'
ZIMBABWE is facing a critical shortage of engineers, a development that can be addressed if mathematics and science subjects are taught from Grade Zero, the National Manpower Advisory Council (Namaco)...Published: 21 Sep 2015 at 07:54hrs | | by Leonard Ncube
Renewal Team Statement on June 2015 AU Summit
Renewal Team notes with concern the contradictions and frictions that emerged from the just ended 25th AU Summit held on the 7-15th of June 2015 at Sandton, SA as ...Published: 15 Jun 2015 at 18:39hrs | | by Dr Gorden Moyo
Unrealistic wage expectations hinder economy
WHILE Zimbabwe continues to benefit from negative inflation, unrealistic wage expectations continue to hinder the nation's economy, FBC Holdings chairman Herbert Nkala said at the launch of the 2015 ...Published: 28 May 2015 at 07:13hrs | | by Staff reporter
35 years after independence, Zimbabweans are mummified with hopeless pessimism: #SoFarSoDead
It is undeniable that Zimbabwe faces a protracted mutually reinforcing economic and political crisis of monumental proportions thirty five years after independence. Thirty five years after indepe...Published: 18 Apr 2015 at 07:31hrs | | by Clemence Nhliziyo
Zimbabwe energy wasted on Mugabe saga
AS 2000 dawned I was at an event where the subject of Zimbabwe came up. Many people in the discussion were adamant that President Robert Mugabe would be out of power within a few years. Then, they sa...Published: 05 Jan 2015 at 10:36hrs | | by Dianna Games
Chinamasa's budget grotesque and incomprehensible to the youth of Zimbabwe
You would be forgiven to think you are in Coocooland by reading the budget statement from the Finance Minister. Zimbabwe is experiencing a structural regression, with the acceleration of deindustr...Published: 28 Nov 2014 at 17:21hrs | | by Caston Matewu, Secretary General MDC UK & Ireland Provincial Youth Assembly
Zim govt heading for a shutdown
GOVERNMENT may be heading for a shutdown after it announced that it cannot guarantee pay dates for the civil service as the cash crunch bites deeper and with no solution in sight.Deputy Minist...Published: 20 Jul 2014 at 07:56hrs | 1 | by Staff Reporter
Dabengwa criticises Moyo
BULAWAYO Provincial Affairs minister Eunice Sandi Moyo's attempts to sideline the city council in preparations for the African Union Region V Youth Games has been described as a symptom of the governa...Published: 11 Jul 2014 at 06:42hrs | | by Staff Reporter
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