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Ecocash loses ZWG 148,7 million in conversion to new currency
Ecocash Holdings Zimbabwe Limited, a leading diversified digital solutions group, has reported a loss of ZWG 148.7 million following the transition to the newly introduced ZWG currency, which was intr...Published: 8 hrs ago | 351 | by Staff reporter
Zimbabwe inches closer to rejoining Britain's colonies club
Zimbabwe's "remarkable democratic progress" has positioned the nation closer to rejoining the Commonwealth, the bloc's secretary-general, Ms. Patricia Scotland, has said.As Zimbabwe intensifie...Published: 8 hrs ago | 81 | by Staff reporter
Mnangagwa should learn from Ramaphosa's mature approach to international recognition
On the global stage, South African President Cyril Ramaphosa has long been an emblem of measured leadership and diplomatic tact, in stark contrast to his counterpart in Zimbabwe, President Emmerson Mn...Published: 17 hrs ago | 442 | by Tendai Ruben Mbofana
Zimbabwe and Zambia combine efforts to solve their power woes
Zimbabwe and Zambia are combining efforts to deal with their electricity crises, which have seen power cuts of up to 21 hours per day.With no load shedding for eight months, Eskom has asked So...Published: 20 Nov 2024 at 07:09hrs | 447 | by Staff reporter
Plundering of Zimbabwe's minerals stalling a just energy transition in fighting climate change
In his address at a High-Level Meeting on Resourcing the Energy Transition with Justice and Equity, held on the sidelines of COP29 in Baku, Azerbaijan, Zimbabwe's President Emmerson Mnangagwa delivere...Published: 14 Nov 2024 at 12:37hrs | 157 | by Tendai Ruben Mbofana
Calls for stronger regulation of Starlink's expansion in Africa
The rapid expansion of Starlink's satellite internet services across Africa has prompted a growing chorus of concern from local industry experts, telecommunications companies, and internet service pro...Published: 14 Nov 2024 at 09:52hrs | 468 | by Staff reporter
There're now two Zimbabwes: One for a small elite and the other for millions of poor Zimbabweans
Over the past few years, Zimbabwe has reportedly experienced steady economic growth. According to government statistics, GDP growth rates have shown positive movement, suggesting that the coun...Published: 13 Nov 2024 at 22:05hrs | 574 | by Tendai Ruben Mbofana
Why Kamala Harris Lost and How Donald Trump Won: A Deep Analysis of the 2024 US Election
Today I am mourning, but this too shall favour me - Donald Trump's victory and Kamala Harris's loss carry lessons for us all. She joined the race just 107 days ago, facing a former president who began...Published: 06 Nov 2024 at 12:43hrs | 1718 | by Ifeanyi Abraham
Economy registers three-year growth, says Prof Ncube
Zimbabwe has sustained robust economic growth over the past three years, averaging an impressive 6.8 percent annually, despite significant currency fluctuations, Finance, Economic Development, and Inv...Published: 31 Oct 2024 at 06:48hrs | 89 | by Staff reporter
If Smith was an oppressor, then what is Mnangagwa?
As I sit here, my work at a standstill due to the daily power outages we are experiencing in Zimbabwe, most times going for 15 hours or more a day, I can not help wondering.What has this suppo...Published: 30 Oct 2024 at 22:17hrs | 843 | by Tendai Ruben Mbofana
South Africa totally correct to 'relocate Taiwan' out of Pretoria
The brouhaha around the forced relocation of the Taipei Liaison Office from SA's capital Pretoria to Johannesburg - approximately 50 km southward - is completely misplaced.In 1997, SA cut dipl...Published: 25 Oct 2024 at 09:13hrs | 1214 | by Abbey Makoe
IMF upgrades Russia to world's fourth-largest economy
The International Monetary Fund (IMF) has ranked Russia as the world's fourth-largest economy based on purchasing power parity (PPP). PPP compares economic produc...Published: 24 Oct 2024 at 16:21hrs | 6305 | by Staff reporter
Zimbabwe attracts US$1.2 billion in investments in Q3 of 2024
Zimbabwe attracted investments worth US$1.2 billion during the third quarter of 2024, with 168 new licences issued to investors by the Zimbabwe Investment and Development Agency (ZIDA), according to a...Published: 23 Oct 2024 at 07:45hrs | 115 | by Staff reporter
ED2030 campaign suffers setback
An ambitious campaign to extend President Emmerson Mnangagwa's term beyond 2028 has suffered a significant setback, with a key faction of the ruling Zanu-PF party failing to endorse the move in resolu...Published: 22 Oct 2024 at 08:05hrs | 1746 | by Staff reporter
Matebeleland South tops in diaspora remittances
Matebeleland South province has emerged as the top region in Zimbabwe for households receiving remittances or gifts from abroad, primarily due to a significant number of its youth migrating to South A...Published: 14 Oct 2024 at 08:52hrs | 706 | by Staff reporter
Strive Masiyiwa among Top 10 richest black people in the world
Systemic injustice, colonial exploitation, and economic marginalization have plagued Africa and the Black population for centuries. This narrative is challenged by the emergence of black billionaires,...Published: 14 Oct 2024 at 08:18hrs | 887 | by Staff reporter
Tito Mboweni dies
PRESIDENT Cyril Ramaphosa has expressed he was deeply saddened by the death of former Governor of the South African Reserve Bank and Labour and Finance Minister Dr Tito Mboweni.He died on Satu...Published: 13 Oct 2024 at 12:31hrs | 568 | by Staff reporter
Cops face arrest for demanding cattle clearance fees
Police officers in Zimbabwe have been cautioned against charging farmers for cattle clearance, a practice that is illegal and contributes to the rise of stock theft. The warning was issued by Commissi...Published: 10 Oct 2024 at 07:51hrs | 718 | by Staff reporter
Mnangagwa takes SADC's begging bowl to UN General Assembly
President Emmerson Mnangagwa has taken the urgent plea for assistance from the Southern African Development Community (SADC) to the United Nations General Assembly (UNGA), seeking support to combat th...Published: 27 Sep 2024 at 08:30hrs | 300 | by Staff reporter
Drying Zambezi river threatens Zimbabwe and Zambia's energy future
The once-mighty Zambezi River, a lifeline for Zimbabwe and Zambia, has been reduced to a bed of sand and small puddles, signaling a severe crisis for the two nations that heavily rely on Lake Kariba f...Published: 17 Sep 2024 at 14:37hrs | 1729 | by Staff reporter
As Zimbabwe's rail system collapses, vice thrives in the trains left behind
INSIDE the abandoned trains of Zimbabwe's once-proud railway system, sex workers try to catch the attention of passing men, while drug dealers sell codeine-laced cough syrup and homeless families sear...Published: 01 Sep 2024 at 10:22hrs | 413 | by Staff reporter
CCC agrees to attend Zanu-PF's school of ideology
The government has introduced a heritage-based training program for mayors, chairpersons, and councillors in local authorities, which will incorporate the Zanu-PF's 'Herbert Chitepo School of Ideology...Published: 23 Aug 2024 at 15:38hrs | 1520 | by Staff reporter
Stampede to congratulate Mnangagwa
Government's loss-making entities and departments have peppered newspaper pages with fawning congratulatory messages to President Emmerson Mnangagwa on his assuming of the rotational chairmanship of S...Published: 20 Aug 2024 at 10:55hrs | 925 | by Staff reporter
Old Gwanda Road construction to commence this month-end
The construction and upgrading of the 120-kilometer Bulawayo-Old Gwanda Road by Zwane Enterprises, under a US$110 million Public-Private Partnership (PPP), is set to begin at the end of this month. ...Published: 18 Aug 2024 at 12:23hrs | 911 | by Staff reporter
ZANC, LEAD congratulates Mnangagwa on SADC Chairmanship
OPPOSITION parties have started congratulating President Mnangagwa following his assumption of SADC Chairmanship at the ongoing 44th SADC Heads of State and Government Summit.Zimbabwe is hosti...Published: 17 Aug 2024 at 20:45hrs | 373 | by Emmerson Dambudzo Mnangagwa
Mnangagwa's SADC Chair acceptance speech
May I express my profound appreciation to His Excellency, João Lourenço, President of the Republic of Angola, for the astute and visionary leadership in steering our organisation, as Chairperson of ...Published: 17 Aug 2024 at 20:43hrs | 378 | by Emmerson Dambudzo Mnangagwa
'Zimbabwe opposition working with foreign elements to incite civil strife'
ZANU-PF is aware of extraterritorial activities by some opposition figures who are collaborating with external forces to incite civil strife during the SADC Summit, the ruling party's Secretary Genera...Published: 01 Aug 2024 at 09:05hrs | 540 | by Staff reporter
ANC of Ramaphosa: Obliterating, political cleansing of left leaning socialists
South Africa is witnessing a significant shift in its political landscape after the African National Congress (ANC), under President Cyril Ramaphosa, lost its majority in Parliament. This development ...Published: 23 Jul 2024 at 07:18hrs | 234 | by Marshall Ndlela
Fintechs fly planes of cash into Zimbabwe
At least once a month - and sometimes as often as three times a week - a private plane lands in a secure part of Robert Gabriel Mugabe International Airport on the outskirts of the Zimbabwean capital,...Published: 17 Jul 2024 at 17:11hrs | 6712 | by Staff reporter
South Africa inspecting restaurants to flush out immigrants
The new South African Minister of Home Affairs, Dr. Leon Schreiber, has announced increased inspections at restaurants, spaza shops, farms, and mines to combat illegal immigration.South Africa...Published: 15 Jul 2024 at 16:33hrs | 2203 | by Staff reporter
Zimbabwe's lithium gambit: Navigating China-US rivalry
Lithium is Zimbabwe's third-largest mineral export after gold and platinum group of metals, bringing in US$2,46 billion and US$2,27 billion, respectively, in 2023.AS the world is going through...Published: 15 Jul 2024 at 08:17hrs | 241 | by Samir Bhattacharya
Conductive polymers for heated seats in outdoor stadiums
Wouldn’t it be nice to watch an exciting game and remain warm even if it is freezing outside? This concept of heated seats in outdoor stadiums has made this a possibility. Heated seats, just like ...Published: 12 Jul 2024 at 10:57hrs | 107 | by Staff Reporter
Zimbabwe should ditch the toxic US dollar
Zimbabwe's economy has been intertwined with the US dollar for over a decade, a relationship that began as a pragmatic response to hyperinflation and economic collapse in the late 2000s. The adoption ...Published: 12 Jul 2024 at 09:46hrs | 55 | by Staff writer
Why Zimbabwe should break free from the US dollar's grip
Government Up Close"Normalcy is that a country must have its own currency," President Mnangagwa is on record highlighting this fact.Some people have argued that one of the gravest fina...Published: 11 Jul 2024 at 14:10hrs | 61 | by Nick Mangwana
Niger, Mali and Burkina Faso signsa confederation treaty
Niger, Mali and Burkina Faso, three military-led West African states, signed a confederation treaty on Saturday, underscoring their determination to chart a joint course outside the regional political...Published: 07 Jul 2024 at 17:40hrs | 7 | by Staff reporter
Robert Mugabe airport readies for Sadc summit
Preparations at Robert Gabriel Mugabe International Airport for the upcoming SADC Heads of State Summit are nearing completion with the development of a dedicated VVIP pavilion. This pavilion is desig...Published: 30 Jun 2024 at 18:24hrs | 7 | by Staff reporter
43 homes to pave way for Old Gwanda Road
The construction of the US$150 million Old Gwanda Road, set to enhance economic growth, will commence in mid-July with the relocation of villagers affected by the project. The road, spanning 120km, is...Published: 23 Jun 2024 at 10:31hrs | 18 | by Staff reporter
Ramaphosa's ANC has not learnt from history
In 2018, ANC chose Cyril Ramaphosa as President because they believed that white capital liked him and thus he would attract western investment into the country. However, things did not quite go accor...Published: 14 Jun 2024 at 13:23hrs | 24 | by Staff reporter
Questions arise over SADC Observer Mission's delayed report on SA elections
Questions are mounting regarding the delayed preliminary report from the Southern African Development Community (SADC) observer mission on the recent South African elections.South African gene...Published: 13 Jun 2024 at 11:31hrs | 8 | by Staff reporter
Intra-Africa exports surge
At the 31st Afreximbank Annual Meetings in Nassau, The Bahamas, Kwazulu-Natal premier Nomusa Dube-Ncube highlighted Africa's growing intracontinental commerce, which now constitutes 16.3% of total tra...Published: 13 Jun 2024 at 10:26hrs | | by Staff reporter
Mnangagwa claims Zimbabwe close to joining BRICS
President Mnangagwa announced that Zimbabwe is nearing the possibility of joining the BRICS economic bloc, bolstered by its strong relations with existing members. Established in 2009 by Brazi...Published: 10 Jun 2024 at 08:39hrs | | by Staff reporter
The Engagement and Reengagement policy continues to yield fruits
The Second Republic, led by President E.D. Mnangagwa, continues to build momentum with its engagement and re-engagement policy. Yesterday, President Mnangagwa met with his counterpart, Preside...Published: 04 Jun 2024 at 08:18hrs | 1 | by Tonderai Ndoro
Amb. Edd Branson and Seychelles ex-President to speak at New York - Africa Summit
The upcoming New York Africa Summit has gained significant attention with the recent announcement of Edd Branson as one of the headline speakers for the event. Scheduled to take place in New York, the...Published: 28 May 2024 at 17:08hrs | 12 | by Mandla Ndlovu
Discover Binga: A hidden gem with Kabila River Lodge and Enchanting Hot Springs
Nestled in the heart of Binga, in Zimbabwe's Matabeleland North Province, lies a pristine destination waiting to be discovered: Kabila River Lodge. This true gem for nature enthusiasts, adventure seek...Published: 20 May 2024 at 18:59hrs | 35 | by Nkululeko Nkomo
Remittances and FDI: Harmonizing Zimbabwe's economic strategies for sustainable growth
Zimbabwe's economy stands at a critical juncture, grappling with deep-seated challenges such as systemic unemployment, volatile currency fluctuations, and an uncertain business climate. Within this pr...Published: 18 May 2024 at 15:27hrs | 13 | by Dr Bekithemba Mpofu
Zimbabwe leverages on resources for economic stability
The backing of Zimbabwe's currency by gold and strategic mineral reserves is reflective of the Second Republic's determination to ensure the country's natural resources are leveraged to advance sustai...Published: 11 Apr 2024 at 08:37hrs | | by Staff reporter
Stanbic Bank embarks on financial fitness workshops for SMEs
Harare, 10 April 2024 - Leading financial services institution, Stanbic Bank, has established a financial fitness academy aimed at equipping Small to Medium Enterprises (SMEs) with the requisite skill...Published: 10 Apr 2024 at 22:21hrs | 31 | by Agencies
Zimbabwe currency crisis: Time to face the truth
THERE is, of course, no such thing as "a shortage of foreign currency".In open and disciplined markets, all that such a claim reflects is an over-valued local currency, whose managers resist t...Published: 07 Apr 2024 at 10:26hrs | 1 | by Obert Nyandoro
AfDB helps Zimbabwe mobilises revenue
THE African Development Bank (AfDB) is working with Treasury and the central bank to produce debt and investment gold models for Zimbabwe to allow the country to come up with best policies to mobilise...Published: 07 Apr 2024 at 10:20hrs | | by Staff reporter
RBZ scraps bank charges for low-cost accounts
IN a move meant to encourage a culture of banking, the Reserve Bank of Zimbabwe (RBZ) has announced the scrapping of bank charges for low-cost accounts.Presenting his first Monetary Policy Sta...Published: 07 Apr 2024 at 10:06hrs | | by Staff reporter
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