Search / Dollar
Hiding in the comforts of Sweden: Paul Siwela pens a letter to Mnangagwa
Dear Bhudi Paul, With dismay I read the letter you wrote President Mnangagwa today. I hasten to say that I was disappointed by this militant language you have now adopted as a party: MLO. What...Published: 7 hrs ago | 1700 | by Nomazulu Thata
Mnangagwa says no to return of Zimdollar
According to Zimbabwe's new president, conditions are not yet right for foreign currencies to be replaced by the Zimbabwean dollar.Zimbabwe's new president on Tuesday ruled out an early return...Published: 7 hrs ago | 4347 | by AFP
Zimbabwe to continue using multicurrencies
Zimbabwe's use of the multicurrency system will continue until such a time that the country's macroeconomic fundamentals have re-aligned, President Emmerson Mnangagwa said today in his inaugural State...Published: 7 hrs ago | 1134 | by Staff reporter
Mnangagwa must take a chance on Mthuli Ncube's ideas
It is clear that Zimbabwe's new Finance minister Mthuli Ncube is not a shy man and neither is he a coward. He would have been aware, weeks in advance, that he would be appointed Zimbabwe's Treasury ch...Published: 19 hrs ago | 4385 | by Staff reporter
US$ black market rate spirals
Exchange rates on Zimbabwe's parallel market have risen sharply in the past week to 100% for real time gross settlement (RTGS) transfers, triggering fears of more price increases.Zimbabwe's ch...Published: 19 hrs ago | 4070 | by Staff reporter
Zimbabwe's mobile data charges second highest in Africa - report
Zimbabwe has the second most expensive mobile data in sub-Saharan Africa after Equatorial Guinea at $25 for one gigabyte, a technology report released last week has shown.Despite the spread of...Published: 19 hrs ago | 658 | by Staff reporter
Zimbabwe economy on the mend
Zimbabweans have entered the most anxious week. The new cabinet flew into a cholera crisis and from nowhere prices sky rocketed and rates came to obnoxious stinking levels. Mthuli Ncube's first week i...Published: 19 hrs ago | 2122 | by Dr Masimba Mavaza
What does investment look like on the ground in Zimbabwe?
LAST week I was at the African Studies Association of the UK (ASA) conference in Birmingham. I was co-hosting, with my colleague Jeremy Lind (whose earlier blog this one draws from), a fantastic strea...Published: 20 hrs ago | 315 | by Ian Scoones
Zimbabwe inflation breach danger zone
Zimbabwe's annual inflation rate rose 0,54 percent to 4,83 percent in the month of August, latest figures from the Zimbabwe National Statistics Agency (ZimStats) show. This was a marginal uptu...Published: 20 hrs ago | 525 | by Staff reporter
Econet celebrates 20 years of ZSE listing
Econet Wireless Zimbabwe yesterday reached a major milestone after completing 20 years since its shares were listed and first publicly traded on the Zimbabwe Stock Exchange (ZSE); a month after Zimbab...Published: 21 hrs ago | 52 | by Staff reporter
Do not deny our children bread
Well, to begin with, I need my bread and I am sure we all do. As for the kids I shall not speak, a day without bread is like a day 'never lived'. Now, who is taking away bread from us by raisi...Published: 17 Sep 2018 at 18:48hrs | 1599 | by Tondo Murisa
Anger on social media over Mugabe, Grace chartered flight
Zimbabweans have reacted angrily on social media after President Emmerson Mnangagwa's government reportedly chartered a plane for former president Robert Mugabe and his wife Grace, who flew to Singapo...Published: 17 Sep 2018 at 14:25hrs | 4083 | by Staff reporter
Mugabe's son-in-law under probe
PRESIDENT Emmerson Mnangagwa's anti-corruption unit has reportedly opened investigations into former President Robert Mugabe's son-in-law, Simba Chikore's involvement in the botched ZimAirways deal, N...Published: 17 Sep 2018 at 07:20hrs | 2886 | by Staff reporter
Zivhu calls for probe into cash vending
CHIVI SOUTH legislator Killer Zivhu (Zanu-PF) feels the government and the Reserve Bank of Zimbabwe (RBZ) must investigate circumstances resulting in the current cash crisis in the formal banking syst...Published: 17 Sep 2018 at 07:10hrs | 1351 | by Staff reporter
Mthuli Ncube's mission impossible?
While everyone in President Emmerson Mnangagwa's Cabinet is expected to hit the ground running, it is Finance minister Mthuli Ncube who has the most difficult mission to accomplish.Mnangagwa r...Published: 16 Sep 2018 at 13:34hrs | 2286 | by Staff reporter
Mthuli Ncube's five big challenges
NEWLY-APPOINTED Finance and Economic Development minister Mthuli Ncube faces the unenviable task of navigating Zimbabwe's stuttering economy through serious challenges and will need to make tough deci...Published: 16 Sep 2018 at 09:11hrs | 3350 | by Staff reporter
Harare Carnival a drain on the fiscus
Organisers of the Harare International Carnival (HIC), Zimbabwe Tourism Authority (ZTA), once more came to the defence of the event when the question relating to the event's purpose in relation to inv...Published: 16 Sep 2018 at 09:04hrs | 241 | by Staff reporter
Fake Magaya on the loose
A NUMBER of Zimbabweans may have fallen victim to a Facebook scam, where a suspected Nigerian scammer has been impersonating Prophetic Healing and Deliverance Ministries founder Prophet Walter Magaya....Published: 16 Sep 2018 at 07:43hrs | 1899 | by Staff Reporter
Black market rates soar
The bond note has continued to lose ground on the black market, with rates reaching a staggering 100 percent to the United State dollar yesterday.Last week, the bond was trading below 90 perce...Published: 15 Sep 2018 at 21:53hrs | 4417 | by Staff reporter
Bulawayo to drink sewage, face huge debt
Now that Bulawayo, the city that prides itself as the cleanest and well run metropolitan has fallen into the hands of those with the DNA of corruption, residents must brace for huge unpayable debt and...Published: 15 Sep 2018 at 12:06hrs | 4138 | by Israel Dube
Bread price shoots up, bakeries shut down
THE price of bread is set to go up today as bakers struggle to secure flour amid rising operational costs and shortage of foreign currency to buy essential raw materials and equipment, it has emerged....Published: 15 Sep 2018 at 09:24hrs | 2852 | by Staff reporter
Winds of change blow in Zimbabwe
President Emmerson Mnangagwa's promise to transform the nation by broadening and revitalising its economic opportunities, while ensuring progressive steps are taken towards a democratic future, have c...Published: 15 Sep 2018 at 09:14hrs | 729 | by Staff reporter
Business opportunities in Zimbabwe that will make more millionaires in 2018
The term "millionaire" is taking on a new meaning in Zimbabweans abroad. It's no longer just about the size of your bank account; any shady politician, corrupt bureaucrat, or unscrupulous busi...Published: 15 Sep 2018 at 06:41hrs | 1716 | by Dr Masimba Mavaza
Mthuli Ncube gets shock reality check
NEWLY-appointed Finance minister Mthuli Ncube - who arrived in the country from Switzerland early this week amid a populist storm and blaze of publicity on how to fix Zimbabwe's critically broken econ...Published: 14 Sep 2018 at 16:27hrs | 12960 | by Staff reporter
Mthuli Ncube's jaywalk in corridors of power
Mthuli Ncube, who was appointed Finance minister last week, faces the daunting task of resuscitating the economy amid huge political hurdles and public expectations.Ncube has tabled an ambitio...Published: 14 Sep 2018 at 16:22hrs | 1166 | by Staff reporter
Matter of FACT
In our September 13 edition, we erroneously published that the Messenger of Court demolished three houses belonging to suspected fraudsters, who allegedly swindled home-seekers of thousands of dollars...Published: 14 Sep 2018 at 07:47hrs | 625 | by Editor
Pupils cheat death in wind storm
SCORES of pupils cheated death on Wednesday afternoon at Tokwana High School in Plumtree after strong winds blew roofs off two classroom blocks, hurling asbestos...Published: 14 Sep 2018 at 06:10hrs | 388 | by Staff reporter
Mthuli Ncube inspires economic optimism
THE appointment of a new-look cabinet last Friday by President Emmerson Mnangagwa has inspired great optimism for the nation.The appointment of a young and daring technocrat in the field of ma...Published: 14 Sep 2018 at 06:00hrs | 1977 | by Staff reporter
Nabbed gang leader remanded in custody
A 32-year-old Harare man appeared before Guruve resident magistrate Shingirai Mutiro today for reportedly pointing a fire arm and robbing Kamushenje mine of its gold ore valued at $6000.Public...Published: 13 Sep 2018 at 06:40hrs | 854 | by Simbarashe Sithole
Debt-ridden CSC downscales
COLD Storage Company (Ltd), a beef producer with refrigerated warehousing, has downscaled its operations and put its employees on a "short time" work schedule under which they will now be paid based o...Published: 13 Sep 2018 at 06:39hrs | 426 | by Staff reporter
Chamisa, MDC Alliance's options
THE results of the elections and the outcome of the Constitutional Court did not go in favour of the youthful MDC Alliance leader Nelson Chamisa and his party, but there remains numerous avenues and o...Published: 13 Sep 2018 at 06:36hrs | 1073 | by Dumisani Nkomo
Gweru residents fume over dumpsite blaze
AN environmental disaster is looming in Gweru's Woodlands suburb following yesterday's outbreak of a fire at the city's largest dumpsite, Southern Eye has established.The fire is emitting a th...Published: 13 Sep 2018 at 06:35hrs | 236 | by Staff reporter
Govt urged to address currency issues to attract more tourists
SOME international buyers and safari tour operators who went on a familiarisation tour of the country's major resorts post Sanganai/Hlanganani World Travel Expo have urged the government to address cu...Published: 13 Sep 2018 at 06:33hrs | 395 | by Staff reporter
Zimbabwean power imports down 50%
Zimbabwe's power imports declined by almost 50 percent during the second quarter of the year after the country's power utility increased generation at Kariba plant. Zesa Holdings increased out...Published: 13 Sep 2018 at 06:24hrs | 369 | by Staff reporter
Mnangagwa must chart clear agenda to unite nation
Zimbabwe, like many other countries, has gone through different phases in its development, as people seek to chart a path that brings prosperity. Each epoch in the country's history has been character...Published: 13 Sep 2018 at 06:20hrs | 147 | by Lovemore Chikova
What is the real truth?
Professor Jonathan Moyo is a very very good schemer of a politician who nearly gave Zimbabwe what it needed most, that is to get out of the Junta hands into civilian rule. It's like a foot-work talent...Published: 12 Sep 2018 at 11:58hrs | 2633 | by Clement Moyo
Zimbabwe's 'enemy of the people' returns home
In our series of letters from Africa, Zimbabwean journalist Wilf Mbanga reflects on his return home after 15 years in exile - and 10 months after long-time leader Robert Mugabe was ousted from office....Published: 12 Sep 2018 at 10:43hrs | 3812 | by BBC News
Mthuli Ncube has little to offer to Zimbabwe's sodomized economy
The Zimbabwe's national debt is said to be well above $18 billion with the foreign debt contributing $7.5 billion. The foreign debt ($7.5 billion) excludes the private sector foreign debt of $2.5 bill...Published: 12 Sep 2018 at 10:15hrs | 6657 | by Don Chigumb
To introduce or not to introduce domestic currency in the short run, that is the question!
By "To be or not to be" is the manner the literary genius William Shakespeare chose to employ as an opening of a soliloquy for Prince Hamlet in the play Hamlet. "To re-introduce or not to re-introduce...Published: 11 Sep 2018 at 16:08hrs | 1702 | by Prosper Munyedza
Mthuli Ncube has a cash crisis plan
NEWLY-APPOINTED Finance and Economic Development minister Mthuli Ncube says government expects to announce a plan to tackle the on-going currency crisis by month-end and confirmed that he expects to r...Published: 11 Sep 2018 at 13:43hrs | 6295 | by Staff reporter
New Zimbabwe transport management system to improve efficiency
Zimbabwe has signed an integrated transport management system, which seeks to bring together five key elements of road policing, efficient use of national infrastructure and coordination of informatio...Published: 11 Sep 2018 at 13:25hrs | 949 | by Staff reporter
Mnangagwa paid Jonathan Moyo's children school fees?
NPF spokesperson Mr Jealousy Mawarire has suggested that President Emmerson Mnangagwa paid Jonathan Moyo's shildren school fees when Moyo moved to Kenya.Responding to Mr Prof Moyo's attacks on...Published: 11 Sep 2018 at 07:22hrs | 4002 | by Staff reporter
Mnangagwa's Ministers ready to roll
NEW Cabinet Ministers sworn-in yesterday pledged to bring about sweeping changes in Government and ensure Zimbabwe becomes a middle income economy by 2030. The 20 Cabinet Ministers - who took ...Published: 11 Sep 2018 at 06:54hrs | 408 | by Staff reporter
Jonathan Moyo's messy fallout with Grace Mugabe
Media enquiries have drawn my attention to a front-page story in today's (9 September) Standard newspaper in which the former first lady, Mrs Grace Mugabe, is said to have called on her alleged follow...Published: 11 Sep 2018 at 06:27hrs | 1895 | by Jonathan Moyo
Zimbabwe a nation of contradictions
If Zimbabwe was a patient on a hospital bed we the relatives of the patient would have been expecting nothing less than being told by the doctors that the hospital has tried all we could do and we hav...Published: 10 Sep 2018 at 18:57hrs | 2094 | by Isaac Nkomah
Zimbabwe seeks return to dollar as new govt sworn in
Zimbabwe's newly sworn-in finance minister on Monday said he planned to reintroduce the Zimbabwe dollar and accelerate plans to repay the country's debt, in a bid to revive the battered economy....Published: 10 Sep 2018 at 16:27hrs | 4585 | by AFP
Mnangagwa, charity begins at home
What compassionate people they are, President Mnangagwa and General Chiwenga. A millionairess in Singapore wants to return home to Zimbabwe because her mother has died. So they charter a plane to to g...Published: 10 Sep 2018 at 07:23hrs | 803 | by Zimbabwe Vigil Diary
A few suggestions to the knowledgeable Prof Mthuli Ncube from a keen fellow Economist
I am grateful that the key Ministry of Finance has been judiciously assigned to Prof Mthuli Ncube at a time such as this. I believe the Minister is well on course to transform the country's economic f...Published: 10 Sep 2018 at 07:21hrs | 2918 | by Prosper Munyedza
Charity begins at home - Zimbabwe Vigil Diary
What compassionate people they are, President Mnangagwa and General Chiwenga. A millionairess in Singapore wants to return home to Zimbabwe because her mother has died. So they charter a plane to to g...Published: 10 Sep 2018 at 07:17hrs | 359 | by Zimbabwe Vigil Diary
Suggestions to Prof Mthuli Ncube from a keen fellow Economist
I am grateful that the key Ministry of Finance has been judiciously assigned to Prof Mthuli Ncube at a time such as this. I believe the Minister is well on course to transform the country's economic f...Published: 10 Sep 2018 at 07:16hrs | 1313 | by Prosper Munyedza
Load More Stories
