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Mnangagwa's 5 election hurdles
AFTER days of political drama, anxiety and bated breath, President Emmerson Mnangagwa proclaimed the election date, setting the stage for a season of intrigue, joy and heartaches. Zimbabwe decides on ...Published: 4 hrs ago | 524 | by Staff reporter
Chiwenga brandishes Zanu-PF fist on 'holy' pulpit
VICE President Constantino Chiwenga, Sunday stood at St. Alois Parish's pulpit before tens of congregants, wearing President Emmerson Mnangagwa's scarf and brandishing a clenched fist in what might be...Published: 5 hrs ago | 382 | by Staff reporter
Zimdollar's black month
THE official auction and interbank exchange rates rose by about 100% and 150%, respectively, last month marking a significant depreciation of the Zimbabwe dollar, a new report has found.At the...Published: 17 hrs ago | 1044 | by Staff reporter
Zimbabwe presses miners to produce battery-grade lithium locally
Employees charge lithium ion batteries for a Hamba electric motorcycle at a solar-powered recharging station in Wedza, Zimbabwe, 22 May 2020. Picture taken May 22, 2020. REUTERS/MacDonald Dzirutwe...Published: 17 hrs ago | 204 | by Staff reporter
Zanu-PF readies for harmonised elections
PRESIDENT Mnangagwa will be in Gweru today to lead proceedings at the official opening session of an induction workshop for Zanu-PF aspiring candidates, as the ruling party gears for the harmonised el...Published: 17 hrs ago | 143 | by Staff reporter
Zimbabweans in the diasporans urged to take up business opportunities at home
ZIMBABWEANS in the diaspora should take up available business opportunities at home by riding on the enhanced investment climate created by the Second Republic led by President Mnangagwa, United Kingd...Published: 17 hrs ago | 237 | by Staff reporter
Drones to control Tsetse flies, quelea birds in Zimbabwe
Drones are now part of efforts to control infestation of tsetse flies and quelea birds, as the Government moves on to step up ways to digitalise the economy.Authorities are making efforts to m...Published: 17 hrs ago | 97 | by Staff reporter
Redwing: a tale of plunder, impunity, chaos and death
Redwing Gold Mine, once touted as a giant gold mining venture capable of transforming the quality of life in the Penhalonga area of Manicaland province and a cash cow for the national economy, has bec...Published: 04 Jun 2023 at 12:12hrs | 308 | by Staff reporter
Zimbabwe has officially become a pariah state!
The Government of Zimbabwe has officially become a tyranny - fraught with all the legislative tools to be justifiably labelled a pariah state.By the country's Parliament passing the much-loath...Published: 04 Jun 2023 at 08:43hrs | 187 | by Tendai Ruben Mbofana
Zanu-PF's US like law gets thumbs down from foreign funded NGOs
Zanu-PF's spirited attempts to introduce a law that will impose a death penalty on 'unpatriotic' Zimbabweans is an assault on human rights to freedom of assembly, association and expression analysts s...Published: 04 Jun 2023 at 08:40hrs | 135 | by Staff reporter
Zimbabwe millers, retailers in stand-off over mealie meal
The Grain Millers Association of Zimbabwe (GMAZ) says mainstream retail shops have low stocks of mealie meal because they want the product on credit terms at a time the exchange rate is volatile....Published: 04 Jun 2023 at 08:38hrs | 130 | by Staff reporter
Banks scale back Zimbabwe dollar lending
BANKS have significantly reduced lending in the local currency ever since monetary authorities hiked interest rates last year to prevent rent-seeking behaviour by individuals and corporates, Reserve B...Published: 04 Jun 2023 at 08:29hrs | 40 | by Staff reporter
Zimbabwe committed to African ideals
THE construction of the Museum of African Liberation in Zimbabwe is testament of the country's commitment to preserve the history and values of Pan-Africanism for existing and future generations....Published: 04 Jun 2023 at 08:27hrs | 7 | by Staff reporter
Chiwenga set for Egypt
Vice President Dr Constantino Chiwenga, who is also the Minister of Health and Child Care, is expected to lead the Zimbabwe delegation at this year's Africa Health ExCon, which starts here in Egypt on...Published: 04 Jun 2023 at 08:26hrs | 60 | by Staff reporter
Zimbabwe has officially become a pariah state!
By the country's Parliament passing the much-loathed so-called ‘Patriotic Bill', Zimbabwe has effectively joined the unenviable international ‘Hall of Shame' - joining other nations, such as North...Published: 03 Jun 2023 at 19:09hrs | 978 | by Tendai Ruben Mbofana
Zimbabwe needs to manage her debts
DEBT plays an important role in the resource mobilisation strategy of any country.However, the processes of its contraction, sources, structure and its implications on the economy and the live...Published: 03 Jun 2023 at 08:19hrs | 43 | by Zimcodd
Did war vets collapse Zimdollar?
I HEAR many Zimbabweans suggesting that Zimbabwe was driven to bankruptcy and the crash of the dollar by paying war veterans in 1997.However, this perception is wrong because Zimbabwe printed ...Published: 03 Jun 2023 at 08:19hrs | 429 | by Rutendo Matinyarare
Mthuli Ncube feels heat
THE government's ambitious growth projections are unlikely to be met because of protracted blackouts, which have stifled exports and further weakened the local currency.In December last year, ...Published: 02 Jun 2023 at 18:17hrs | 1221 | by Staff reporter
The greatest unpatriotism is keeping quiet when ruling elite destroys Zimbabwe!
So, the Parliament of Zimbabwe has gone ahead, in spite of all the public outrage, into passing the draconian so-called 'Patriotic Bill'.I should say that there was nothing particularly surpri...Published: 02 Jun 2023 at 10:47hrs | 501 | by Tendai Ruben Mbofana
The International Criminal Court a ridiculous organisation
The world has recently been surprised to hear that the ICC has issued a ‘warrant of arrest' for Russian President Vladimir Putin. The central charge against him is that he is responsible for the abd...Published: 02 Jun 2023 at 06:59hrs | 1012 | by Ian Beddowes
Chamisa knows where to find me, says Mnangagwa
OPPOSITION political party leaders should feel free to approach the Head of State for dialogue directly as opposed to using proxies, the media and third parties, President Mnangagwa has said.P...Published: 02 Jun 2023 at 06:51hrs | 2647 | by Staff reporter
Zimdollar in spectacular crash
THE Zimbabwe dollar crashed by a whopping 60% against the United States dollar in May alone, underlining a raging economic crisis that has wiped salaries and sent prices soaring.Zimbabwe's eco...Published: 02 Jun 2023 at 06:48hrs | 1616 | by Staff reporter
Mangudya rules out dollarisation
RESERVE Bank of Zimbabwe (RBZ) governor John Mangudya yesterday claimed that past experiences, rather than basic economic issues, were to blame for the country's exchange rate volatility, as he ruled ...Published: 02 Jun 2023 at 06:46hrs | 345 | by Staff reporter
EcoCash posts $4,76bn loss
ECOCASH Holdings Zimbabwe Limited (EHZL) has posted a $4,76 billion loss for its financial year ended February 28, 2023 owing to monetary exchange losses worth $30,1 billion linked to its failure to r...Published: 02 Jun 2023 at 06:44hrs | 240 | by Staff reporter
'Zimbabwe has no capacity for full dollarisation'
RESERVE Bank of Zimbabwe (RBZ) Governor, Dr John Mangudya, has urged Zimbabweans to embrace the local currency saying the country has no capacity to sustain a fully dollarised economy.While th...Published: 02 Jun 2023 at 06:42hrs | 158 | by Staff reporter
The US Dollar to be rendered useless by year end
China's place on the world stage advances year by year. It is arguably already the world's largest economy. Its Belt and Road Initiative and its other international links like the BRICS have helped to...Published: 02 Jun 2023 at 06:32hrs | 945 | by Erick Matotoba
BREAKING: Saviour Kasukuwere to announce his Presidential candidature
Harare, Zimbabwe - In a surprising twist, Saviour Kasukuwere, a former Zimbabwean Minister and influential political figure, is set to announce his candidacy for the upcoming Presidential race schedul...Published: 01 Jun 2023 at 15:10hrs | 7320 | by Nkululeko Nkomo
Chamisa blames Mnangagwa for soaring prices
CITIZENS Coalition for Change (CCC) President Nelson Chamisa has blamed President Emmerson Mnangagwa and Finance Minister Mthuli Ncube for Zimbabwe's runaway inflation that has seen prices of basics g...Published: 01 Jun 2023 at 06:56hrs | 894 | by Staff reporter
Mealie-meal shortage hits Zimbabwe?
ILLICIT deals involving some unscrupulous suppliers and traders have been blamed for creating artificial shortages of mealie-meal in formal shops while the commodity is being diverted to the streets a...Published: 01 Jun 2023 at 06:42hrs | 374 | by Staff reporter
Zimbabwe's US$12 billion mining economy on course
ZIMBABWE'S mining industry has registered significant strides towards realising the ambitious US$12 billion milestone by the end of this year, Mines and Mining Development Minister Winston Chitando ha...Published: 01 Jun 2023 at 06:41hrs | 62 | by Staff reporter
China now Zimbabwe's largest FDI source
China has made huge inroads into the Zimbabwean economy in terms of investment, which is expected to grow further following the three-day ZimTrade organised Zimbabwe-China Business Forum, which ends t...Published: 01 Jun 2023 at 06:40hrs | 143 | by Staff reporter
Zimbabwe's Growing Casino Industry: Opportunities and Challenges
On the global economic landscape, all eyes are steadily shifting over to Africa. Countries on this continent are taking strides in growing. Double-digit growth rates are impossible for the rest of the...Published: 31 May 2023 at 17:31hrs | 134 | by Mila Roy
Mthuli Ncube says currency manipulators won't rest
Currency manipulators and economic saboteurs will always be lurking about looking for opportunities and loopholes to unjustly profiteer but authorities will also be always ready to institute measures ...Published: 31 May 2023 at 06:58hrs | 332 | by Staff reporter
What can Zimbabwe and Africa learn from China's 1949 revolution?
The Chinese Revolution of 1949, made the West to regard China as a yellow peril or disease which had to be quarantined for 20 years and how in turn China built up its political and economic strength i...Published: 30 May 2023 at 22:44hrs | 223 | by Erick Matotoba
Continued increase in diaspora remittances signal rising poverty in Zimbabwe
The marked rise in diaspora remittances into Zimbabwe actually does not signal economic growth - but, as a matter of fact, increased povertyYet, it is always baffles the mind whenever the Zimb...Published: 30 May 2023 at 22:36hrs | 339 | by Tendai Ruben Mbofana
President Ruto asks Africans to ditch the US Dollar
President William Ruto has asked African leaders to take first steps towards ditching the globally-bullish US dollar by signing up to a pan-African payments system to facilitate trade within the conti...Published: 30 May 2023 at 22:32hrs | 1001 | by Erick Matotoba
Mthuli Ncube banks on new currency measures
Finance minister Mthuli Ncube on Monday announced new measures to encourage the use of the Zimbabwe dollar as opposed to the U.S. dollar, in a bid to boost the local unit and tame rising consumer infl...Published: 30 May 2023 at 15:10hrs | 1271 | by Staff reporter
Mthuli Ncube announces policy measures to stabilize the economy
The Minister of Finance and Economic Development, Professor Mthuli Ncube, has announced policy measures which are meant to stabilize the local currency and stimulate the economy.The measures w...Published: 30 May 2023 at 11:50hrs | 615 | by Staff reporter
Mthuli Ncube out of touch with reality
The Finance Minister Muthuli Ncube has forgetten what he was really appointed for and needs somemone to spell out his duties.The Finance Minister is now behaving more like a politician than a ...Published: 30 May 2023 at 09:36hrs | 1328 | by Leonard Koni
Zimbabwean anti-sanctions group seeks reparations from U.S.
The Broad Alliance Against Sanctions (BAAS), Zimbabwe's anti-sanctions lobby group, on Monday, filed a court application at the High Court in the national capital of Harare, seeking reparations from t...Published: 30 May 2023 at 06:54hrs | 350 | by Staff reporter
Mthuli Ncube announces further measures to contain runaway inflation
FINANCE Minister Mthuli Ncube has announced a new series of measures to stabilise the economy amid hyperinflation fears.This comes barely two weeks after the Treasury boss scrapped duty on all...Published: 30 May 2023 at 06:53hrs | 1254 | by Staff reporter
Zanu-PF bigwig loses US$52 000 to armed robbers
Zanu-PF central committee member and Mutare businessman Esau Mupfumi reportedly lost US$52 000 on Sunday night to armed robbers at his Gold Class garage in Mutare city.The veteran politi...Published: 30 May 2023 at 06:48hrs | 1077 | by Staff reporter
New radar system for Gabriel Mugabe Airport
A new state-of-the-art radio navigation system capable of communicating with at least 200 airplanes at a time has been installed at Robert Gabriel Mugabe International Airport as part of the US$153 mi...Published: 30 May 2023 at 06:41hrs | 255 | by Staff reporter
Mnangagwa says he's grateful for debt, arrears plan
Zimbabwe is grateful to development partners and creditors for embracing the resolution process of arrears clearance and debt, and hopes that if debts are rescheduled or written off, the economy will ...Published: 30 May 2023 at 06:41hrs | 108 | by Staff reporter
How worried should we be about income inequality?
How worried should we be about Income Inequality actually? We worry plenty about its opposite. Forced economic equality is socialism. It is unZimbabwean to be for socialism. But Zimbabwe's strength is...Published: 29 May 2023 at 23:14hrs | 138 | by Kumbirai Thierry Nhamo
Mthuli's theatrics expose government lack of seriousness in addressing Zim economic crisis!
So, finance minister Mthuli Ncube, over the weekend, went around shops in Bulawayo, like a crazed vigilante, tearing down tags displaying prices strictly in US dollars!He even berated a haples...Published: 29 May 2023 at 23:02hrs | 539 | by Tendai Ruben Mbofana
Jonathan Moyo issues a warning
EXILED former cabinet minister, Jonathan Moyo has warned that the recent threats by Finance minister Mthuli Ncube to crack down on businesses over price hikes will only worsen the already dire situati...Published: 29 May 2023 at 06:41hrs | 7031 | by Staff reporter
Redollarise, labour tells Zimbabwe govt
CALLS for the government to redollarise Zimbabwe's economy are growing louder, with labour unions saying it would arrest inflation which has wiped out salaries.Zimbabwe's month-on-month inflat...Published: 29 May 2023 at 06:35hrs | 633 | by Staff reporter
Mnangagwa blew a marvellous chance to bring nation together
REVELATIONS that President Emmerson Mnangagwa and the Citizens Coalition for Change leader Nelson Chamisa have never talked to each other for the past five years is more than worrying and tells of the...Published: 29 May 2023 at 06:34hrs | 366 | by Staff reporter
At what stage does a President concede failure?
IF I were the President of Zimbabwe - what would I be expected to do under the prevailing economic circumstances?The country goes for an average 20 hours each day without electricity, and most...Published: 29 May 2023 at 06:34hrs | 252 | by Tendai Ruben Mbofana
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