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CZI warns of imminent Zimdollar collapse
THE Confederation of Zimbabwe Industries (CZI) has warned that the local currency faces imminent collapse and called on government to come up with alternative policy measures to restore confidence in ...Published: 13 Oct 2021 at 06:10hrs | 1076 | by Staff reporter
Girls in Zimbabwe are still technologically backwards
Labour Economists and Afrikan Democrats (LEAD) President Linda Tsungirirai Masarira has said girls in Zimbabwe are still technologically backwards.He said this as the nation celebrates the Int...Published: 11 Oct 2021 at 13:53hrs | 936 | by Stephen Jakes
Mashonaland chiefs demand change of title to kings
CHIEFS are lobbying government to urgently change the nomenclature of traditional leaders' titles from chiefs to kings.Chief Zvimba, born Stanley Urayayi Mhondoro, is leading the lobby....Published: 11 Oct 2021 at 06:04hrs | 4202 | by Staff reporter
Mnangagwa told to reopen Moyo graft case
ZIMBABWEANS have petitioned President Emmerson Mnangagwa to reopen the corruption case against former Health minister Obadiah Moyo , who was acquitted last week by the High Court over the irregular aw...Published: 11 Oct 2021 at 06:03hrs | 3809 | by Staff reporter
Sibangilizwe Nkomo wins Bulawayo nomination
SIBANGILIZWE Nkomo, the son of the late Zapu founding leader Joshua Nkomo, on Saturday won the Bulawayo nomination to contest for the Zapu party presidency, making him the leading contender.This m...Published: 11 Oct 2021 at 06:03hrs | 2905 | by Staff reporter
Violence rocks Zanu-PF Manicaland indaba
CHAOS rocked a Zanu-PF provincial co-ordinating committee (PCC) meeting yesterday after scores of demonstrators, who were calling for the ouster of Manicaland provincial chairman Mike Madiro, were tea...Published: 11 Oct 2021 at 06:02hrs | 1443 | by Staff reporter
What China's overseas coal exit could mean for Zimbabwe
IN response to What China's overseas coal exit plans could mean for Zimbabwe' XYZ says: Is being fair to acknowledge that the environmental accusations made towards China are somehow unfair.As...Published: 11 Oct 2021 at 06:02hrs | 1472 | by MDC-T president Douglas Mwonzora
Elections will cut Mwonzora to size
THE centre is no longer holding anymore. The cow no longer produces milk as it used to do.MDC-T leader Douglas Mwonzora is suffering from leadership kwashiorkor and it is clear that he is a Za...Published: 11 Oct 2021 at 06:01hrs | 2277 | by Leonard Koni
BCC expresses concern over road rehab
BULAWAYO City Council has expressed dismay over its exclusion by central government in on-going road rehabilitation works and fears poor workmanship because of lack of supervision by city engineers....Published: 11 Oct 2021 at 06:01hrs | 814 | by Staff reporter
Council embarks on water drain system cleaning
BULAWAYO has embarked on storm water drain cleaning in the suburbs ahead of the rainy season to prevent the recurrence of flooding caused by blockages.Floods have often affected suburbs such a...Published: 11 Oct 2021 at 06:01hrs | 312 | by Staff reporter
Govt receives migration draft policy
THE Home Affairs ministry has been handed a draft national migration policy in order to initiate a process towards approval of the document by Cabinet.This was revealed yesterday by the Intern...Published: 11 Oct 2021 at 06:00hrs | 510 | by Staff reporter
Harare loses 125 firefighters in one year
HARARE City Council has been hard hit by a shortage of firefighters after 125 of them left its employ since the beginning of the year for greener pastures due to poor working conditions.Counci...Published: 11 Oct 2021 at 06:00hrs | 928 | by Staff reporter
Top economist warns of Zimbabwe dollarisation
ZIMBABWE is expected to dollarise its economy because of the collapse of the local currency and the failure of its auction system to stabilise the exchange rate, renowned scholar and economist Gift Mu...Published: 11 Oct 2021 at 06:00hrs | 3514 | by Staff reporter
Name, shame exercise divides Zanu-PF
GOVERNMENT's name and shame operation targeting companies and individuals accused of fuelling the galloping foreign currency parallel exchange rate has triggered fierce fights within Zanu-PF, with som...Published: 09 Oct 2021 at 07:33hrs | 1044 | by Staff reporter
'Mary Chiwenga deserves what she is getting'
OPPOSITION Labour, Economists and African Democrats (LEAD) party leader Linda Masarira says estranged Vice President Constantino Chiwenga's wife Mary Mubaiwa deserves the treatment she is getting from...Published: 05 Oct 2021 at 06:44hrs | 3321 | by Staff reporter
Authorities unleash sweeping crackdown on forex market
IN a renewed bid to contain the runaway foreign exchange rate - now trading at double the official rate around US$1: ZW$170 - the government has launched a fierce crackdown on currency traders in a mu...Published: 03 Oct 2021 at 08:19hrs | 768 | by Staff reporter
Why elections matter in Zimbabwe
Zimbabwe has its next elections in 2023. That is less than two years ahead. It is imperative that every Zimbabwean should examine why we have elections. What are elections for?What will we ach...Published: 03 Oct 2021 at 08:15hrs | 77 | by Fay Chung
We declare war against greed
At no time in our recent past has the country's economic vitals looked any healthier.Between January and June this year, exports topped US$2,5 billion, which represents a 35 percent improvemen...Published: 03 Oct 2021 at 08:09hrs | 28 | by Staff reporter
Chinese investors behaviour irks LEAD party
Labour Economists and Afrikan Democrats (LEAD) President Linda Masarira has expressed concerns over the behaviour of the Chinese investors in Zimbabwe and urged authorities to consider Zimbabwea...Published: 30 Sep 2021 at 13:49hrs | 792 | by Stephen Jakes
Masarira piles pressure against child marriage
OPPOSITION Labour, Economists and African Democrats (LEAD) party leader Linda Masarira has piled pressure on government to align the Marriages Act to the Constitution, saying current legislation allow...Published: 30 Sep 2021 at 07:30hrs | 319 | by Staff reporter
Mthuli Ncube considers adjusting tax bands to cushion workers
TREASURY is set to adjust tax bands for workers' in order to reverse the erosion of incomes and boost consumer purchasing power in the face of price escalation driven by speculative parallel market ac...Published: 29 Sep 2021 at 06:40hrs | 1502 | by Staff reporter
US$70m released to clear forex auction backlog
GOVERNMENT has released US$70 million to speed up disbursement of funding and clear the backlog to businesses that participate at the Reserve Bank of Zimbabwe (RBZ)'s foreign currency auction system....Published: 27 Sep 2021 at 06:16hrs | 435 | by Staff reporter
Consumer watchdog slams business
THE Consumer Council of Zimbabwe (CCZ) says businesses have effected "unjustified" price hikes in the past few months despite accessing foreign currency on the Reserve Bank of Zimbabwe (RBZ)'s foreign...Published: 23 Sep 2021 at 06:32hrs | 204 | by Staff reporter
Is Brics becoming a fading giant?
IT was 13 years ago when the world, mainly developing countries, celebrated the birth of what would be known as Brics — a group of five major emerging economies: Brazil, Russia, India, China, and So...Published: 20 Sep 2021 at 07:13hrs | 353 | by Tapiwa Gomo
Why I wrote Mnangagwa book
Former MDC politician Eddie Cross says he could not turn down an opportunity to write President Emmerson Mnangagwa's autobiography because he was impressed with his attitude.Cross (EC), the au...Published: 19 Sep 2021 at 08:34hrs | 455 | by Staff reporter
Biti - Mthuli Ncube to lock horns over IMF funding
MDC Vice President Tendai Biti and the Minister of Finance Mthuli Ncube are expected to participate in a heated economics debate on Tuesday organized by the Zimbabwe Economics Society under the theme:...Published: 07 Sep 2021 at 12:09hrs | 2785 | by Mandla Ndlovu
Economists cautious as inflation falls
ECONOMISTS have given mixed views about Zimbabwe's decelerating annual inflation with some saying the rate could spike once spending increases.However, others told NewsDay Business yesterday t...Published: 06 Sep 2021 at 05:30hrs | 865 | by Staff reporter
LEAD hails RBZ Governor Mangudya
The Labour Economists and Afrikan Democrats (LEAD) has hailed the Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya for paying attention to their concerns on the need to make the United States ...Published: 02 Sep 2021 at 10:34hrs | 1022 | by Stephen Jakes
Extension of lockdown has the good benefit to preserve lives: LEAD
The Labour Economists and Afrikan Democrats (LEAD) President Linda Masarira through her spokesperson Everjoy Chidindi has said the extension of the level 4 Lockdown is a benefit to preserve lives from...Published: 26 Aug 2021 at 12:08hrs | 512 | by Stephen Jakes
The next big crisis for Zimbabwe retailers
A crisis is brewing in Zimbabwe's retail sector after Finance minister Mthuli Ncube amplified a desperate situation by turning down pleas to hike tax-free thresholds by wide margins in his midterm pol...Published: 01 Aug 2021 at 06:49hrs | 1188 | by Staff reporter
Meeting set up to review Govt salaries
GOVERNMENT employees and pensioners received a cumulative $80 billion as salaries and other benefits in the first-half of the year as more benefits and adjustments are set to be effected before the en...Published: 01 Aug 2021 at 06:41hrs | 993 | by Staff reporter
Zimbabweans thrown into fresh misery
ZIMBABWE ANS were yesterday thrown into fresh misery after Finance minister Mthuli Ncube stuck to his anti-people policies announced in the 2021 National Budget last November, saying he would not revi...Published: 30 Jul 2021 at 07:48hrs | 4797 | by Staff reporter
'Civil servants wage bill Mthuli's headache'
FINANCE minister Mthuli Ncube will tomorrow deliver his mid-term fiscal policy review statement amid growing budgetary demands at a time when the country's tax base is shrinking, and the economy sever...Published: 28 Jul 2021 at 07:43hrs | 1213 | by Staff reporter
Fact-checking Biti's corruption speech
Opposition MDC Alliance vice president and former finance minister Tendai Biti gave an online speech on corruption in Zimbabwe on July 18, 2021.Here, we check key claims from Biti's address:...Published: 26 Jul 2021 at 19:35hrs | 2175 | by Staff reporter
Nature of Government deals must be made public!
We have so many deals, apparently, which Government of Zimbabwe, has signed with several countries, we have been briefed of MOUs, signed on behalf of the country, which have never been disclosed to th...Published: 19 Jul 2021 at 12:05hrs | 635 | by Tinashe Eric Muzamhindo
When South Africa sneezes Zimbabwe catches a cold
HISTORY tells us we owe it to Klemens von Metternich, the distinguished 19th-century Austrian statesman and diplomat, one of the most famous phrases about the global economy and its dynamics.I...Published: 17 Jul 2021 at 15:25hrs | 572 | by Staff reporter
Mnangagwa sweats over SA protests
PRESIDENT Emmerson Mnangagwa has acknowledged that the ongoing violent protests in neighbouring South Africa could trigger regional instability, and called for a peaceful resolution to the impasse....Published: 16 Jul 2021 at 09:33hrs | 3490 | by Staff reporter
R3m cigarette smugglers nabbed
SOUTH African police have arrested two suspected Zimbabweans caught with R3 million worth of Remington Gold cigarettes they were smuggling into that country through the Beitbridge border post....Published: 11 Jul 2021 at 10:47hrs | 371 | by Staff reporter
Mthuli Ncube walks tightrope
ZIMBABWE'S industries have asked Treasury to inject funding into the central bank's forex auction system to help it clear backlogs of up to two weeks and clear market distortions.Confederation...Published: 09 Jul 2021 at 12:07hrs | 627 | by Staff reporter
Biti says the introduction of $50 note is criminal
TOP economists are confident that the new $50 notes, introduced by the Reserve Bank of Zimbabwe Tuesday, will not trigger inflationary pressures.However, former Finance Minister Tendai Biti di...Published: 07 Jul 2021 at 16:30hrs | 5809 | by Staff reporter
Has the Zimbabwe dollar really stabilised against the US unit?
There is a strong debate among economic analysts pertaining to whether the Zimbabwean dollar (ZW$) has stabilised against the American dollar (US$) or not. There is a section which believes that the l...Published: 18 Jun 2021 at 13:00hrs | 738 | by Respect Gwenzi
RBZ mulls more stringent currency measures
GOVERNMENT is looking at adding more stringent currency measures to rein in the runaway exchange rate amid an outcry over the promulgation of Statutory Instrument 127 which business says will fuel inf...Published: 05 Jun 2021 at 09:20hrs | 1160 | by Staff reporter
Grace Mugabe petitioned over 'courtyard' burial of Robert
A Zimbabwean chief has summoned former First Lady Grace Mugabe to appear before a village court to answer charges of "inappropriately" burying the country's late former president, Robert Mugabe, at th...Published: 12 May 2021 at 10:46hrs | 3973 | by Staff reporter
Mnangagwa thinks Zimbabwe economy is showing rapid growth
Zimbabwe is on a path to rapid socio-economic growth driven mainly by measures put in place to boost production, which has risen remarkably across various sectors of the economy in the last few months...Published: 03 May 2021 at 06:11hrs | 304 | by Staff reporter
Birthday greetings, Zimbabwe
Like yesterday, I remember the day that the late former Rhodesian prime minister Ian Smith declared independence from Britain.I was driving down what was North Avenue in Salisbury (now Harare)...Published: 23 Apr 2021 at 07:28hrs | 193 | by Eddie Cross
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 | 3394 | by Taurai Mangudhla
'Zimbabwe hurtling towards stagflation'
LAST week the CEO Africa Roundtable (CEOART) gathered some of Zimbabwe's best economists and industrialists to digest economic developments during the first quarter of 2021. What came out of the summi...Published: 04 Apr 2021 at 09:44hrs | 562 | by Staff reporter
The Birth of the Federal Republic of Mthwakazi Establishment of the Department of National Statistics
MLF President, The birth of Mthwakazi as a sovereign state is informed by the lens of history. As Mthwakazi Liberation Front (MLF), we have learnt from the grave errors of our history. As we c...Published: 03 Apr 2021 at 11:50hrs | 1267 | by Dr Churchill Mpiyesizwe Guduza
Why Chinese model has not benefited Africa
Diverse views have been expressed about the Chinese socio-political and economic model.These range from the Chinese themselves, who, of course, uncritically praise their system as a faultless ...Published: 21 Mar 2021 at 08:44hrs | 466 | by Arthur G O Mutambara
Biti insinuates that people from Chipinge practise witchcraft
MDC-Alliance vice president Tendai Biti torched a social media storm yesterday after he implied in a post on micro-blogging platform Twitter that people from Chipinge dabble in witchcraft. Alt...Published: 10 Mar 2021 at 05:53hrs | 2200 | by Staff reporter
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