Search / Eddie cross
Zimbabwe interbank forex market set for overhaul
A proposal has been tabled to overhaul the interbank market with a view to make it market driven and free from government intervention as part of measures to ensure liberalization of the foreign marke...Published: 18 May 2019 at 13:59hrs | 2766 | by Staff reporter
SA company wants MDC-T garnished over R4m debt
A SOUTH African wholesale textile company and a Bulawayo garment manufacturing firm which supplied MDC-T with 200 000 T- shirts and head scarves in 2008 have approached the High Court seeking an order...Published: 13 May 2019 at 08:46hrs | 803 | by Staff reporter
Local currency long overdue, analysts
The current uptake of about 85 percent in transactions using the local RTGS systems is a clear sign Zimbabwe is now nearing the stage where it might be convenient to introduce a new local currency....Published: 05 May 2019 at 09:45hrs | 3259 | by Staff reporter
Mnangagwa's govt clueless on economy
PRESIDENT Emmerson Mnangagwa's administration looks increasingly clueless on how to contain consequences of its disastrous economic policies introduced by Finance minister Mthuli Ncube through the Tra...Published: 03 May 2019 at 20:47hrs | 2517 | by Staff reporter
Mnangagwa's legitimacy cannot be wished away
FORMER MDC official Eddie Cross portrays the administration of President Emmerson Mnangagwa as an improvement on that of former president Robert Mugabe.He claims that the overthrow of Mugabe w...Published: 30 Apr 2019 at 20:47hrs | 1688 | by Mike Carter
How Mnagagwa threatened Eddie Cross into submission
The recent remarks by former MDC MP Eddie Cross in support of President Emmerson Mnangagwa should be read in the context of the Gukurahundi Genocide era when Mnangagwa threatened Cross exiled Professo...Published: 30 Apr 2019 at 10:26hrs | 13744 | by Mandla Ndlovu
Mnangagwa must be given some respect, says Eddie Cross
Former Bulawayo South member of Parliament and MDC national executive member Mr Eddie Cross says President Mnangagwa's administration has not received due credit for reforms that he has undertaken in ...Published: 29 Apr 2019 at 07:17hrs | 2611 | by Staff reporter
RBZ sabotaging Zimbabwe economic recovery
WHEN Mthuli Ncube was appointed Finance and Economic Development minister, he quickly took charge at the ministry, appointing a new permanent secretary and several directors and publishing a Transitio...Published: 29 Apr 2019 at 07:10hrs | 2168 | by Eddie Cross
'G40 buying guns to fight Mnangagwa,' says Eddie Cross
Former Bulawayo South Member of Parliament Eddie Cross says the G40 faction of ZANU PF that was defeated through the November 2017 bloodless coup is buying guns to fight the government of President Em...Published: 25 Apr 2019 at 15:20hrs | 24540 | by Mandla Ndlovu
Analysts defend Tinashe Kachingwe
Analysts have defended American based musician Tinashe Jorgensen Kachingwe who recently courted social media storm after she was accused of denying being a Zimbabwean. When asked whether she i...Published: 22 Apr 2019 at 14:14hrs | 5590 | by Mandla Ndlovu
Where is Mnangagwa taking us to?
I DROVE up the window of the tollgate and the man on duty asked me: "Eddie, where are we going?" He was not asking what my destination was, but where did I think the country was going.Last nig...Published: 22 Apr 2019 at 08:40hrs | 8797 | by Eddie Cross
In memory of Zimbabwe's Independence
On 18th April 1980, Zimbabweans celebrated their Independence both from Britain and from the Ian settler state. The celebration was rather muted because it was the little headmaster, Robert Mugabe, wh...Published: 18 Apr 2019 at 11:46hrs | 996 | by Ngqabutho Mabhena
Zimbabwe needs a weak currency to stimulate production, exports
Shortly after the government was sworn in August 2018, they agreed to an economic and monetary reform programme. Since then, much of this ambitious plan has been implemented and the consequences have ...Published: 17 Apr 2019 at 07:15hrs | 1225 | by Eddie Cross
Mutsvangwa blames 'Queen Bee' for high fuel prices
Trafigura, the global commodities trader, is facing accusations that it used a partner's connections to Zanu-PF to gain an unfair advantage in the supply of fuel to the southern African nation.The...Published: 14 Apr 2019 at 10:12hrs | 5184 | by Joseph Cotterill and David Sheppard I Financial Times
Zimbabwe's fuel pipeline allegedly 'captured' by Trafigura
Trafigura, the global commodities trader, is facing accusations that it used a partner's connections to Zimbabwe's ruling party to gain an unfair advantage in the supply of fuel to the southern Africa...Published: 12 Apr 2019 at 07:13hrs | 1678 | by Joseph Cotterill and David Sheppard
'Zimbabwe is an amazing place to live' boasted Cross - not for the millions living in abject poverty
When Zimbabwe gained her independence in 1980, the country had the potential to become a prosperous nation, the South Korea of Africa. The last 38 years of corrupt and tyrannical Zanu-PF dictatorship ...Published: 04 Apr 2019 at 08:13hrs | 1067 | by Patrick Guramatunhu
Light is shining at the end of the Zimbabwe tunnel
Today Zimbabwe reminded me why I think this is such an amazing place to live. I woke just after 5am, outside it was crisp, dew on the grass and the birds just waking up with me – a pair of Robins se...Published: 03 Apr 2019 at 08:29hrs | 7085 | by Eddie Cross
Mnangagwa trips: Cross triggers a storm
FORMER MDC official Eddie Cross has triggered a storm following reports that he supported President Emmerson Mnangagwa's penchant for flying in luxurious jets.Opinion is sharply divided over M...Published: 30 Mar 2019 at 17:51hrs | 1561 | by Staff reporter
Mnangagwa's victory not free, not fair, not credible
When Zimbabwean soldiers shot civilians during riots against alleged election-rigging on August 1, 2018, many Zimbabweans were horrified - but they weren't surprised.The previous November, the...Published: 29 Mar 2019 at 12:11hrs | 3010 | by Rahul Nagvekar
Zimbabwe blocks US$1bn pipeline project
THE Ministry of Energy has blocked a plan by South African-owned Mining, Oil and Gas Services Company (MOGS) to construct a US$1 billion 550-kilometre fuel pipeline from Beira to Harare, arguing that ...Published: 22 Mar 2019 at 16:08hrs | 1541 | by Staff reporter
United States insists Zimbabwe is 'a threat'
Government has described the extension of sanctions on Zimbabwe by the United States of America as a travesty of justice saying Zimbabwe has embarked on a path of rapprochement and expected a reciproc...Published: 05 Mar 2019 at 22:51hrs | 2712 | by Staff reporter
Chamisa sneaks back into the country
MDC Alliance leader, Advocate Nelson Chamisa's so called diplomatic offensive has raised stink following reports that his claims that he was going to meet the African Union (AU) and SADC chairpersons ...Published: 05 Mar 2019 at 16:28hrs | 5644 | by Staff reporter
Mnangagwa mortgages diamonds to Botswana
PRESIDENT Emmerson Mnangagwa's government could be mortgaging the country's diamond deposits to Botswana, which has offered the struggling economy a US$500 million bailout backed by diamonds and a fur...Published: 26 Feb 2019 at 20:33hrs | 1796 | by Staff reporter
The sincerity of Mnangagwa's Reform Agenda
Eddie Cross reports that a few years before he took over the reins of power, President Mnangagwa remarked, "What this country needs are free and fair elections."Emmerson Mnangagwa was not the ...Published: 24 Feb 2019 at 06:35hrs | 213 | by Nick Mangwana
Cross, Ncube's reforms will never deliver economic prosperity not as long as Zimbabwe remains a pariah state
"People of Zimbabwe deserve a new day" wrote Eddie Cross in Bulawayo24. Mr Cross was writing about Zimbabwe's economic chaos, the country has already claimed the position of being the poorest ...Published: 23 Feb 2019 at 07:48hrs | 9589 | by Patrick Guramatunhu
Eddie Cross hails Monetary Policy Statement
ECONOMIST and former MDC legislator Mr Eddie Cross has hailed the 2019 Reserve Bank of Zimbabwe (RBZ) Monetary Policy Statement and believes it will play a major role in stabilising the pricing system...Published: 21 Feb 2019 at 22:32hrs | 2861 | by Staff reporter
Mangudya is a thief, he has devalued people's salaries
Reserve Bank of Zimbabwe (RBZ) governor John Mangudya yesterday announced the eagerly awaited monetary policy for 2019, in which he liberalised the trade of foreign currency and effectively declared t...Published: 21 Feb 2019 at 07:33hrs | 9520 | by Staff reporter
Economists want US dollar floated
Zimbabwean economists wantReserve Bank of Zimbabwe Governor Dr John Mangudya to increase foreign currency retention thresholds for exporters, libelarise the US dollar exchange rate and introduce an in...Published: 15 Feb 2019 at 08:48hrs | 2203 | by Staff reporter
'Zimbabwe to introduce domestic currency'
Zimbabwe will reintroduce domestic currency only when conditions are ripe and critical economic fundamentals are in place since using the US dollar as an anchor currency is now unsustainable, accordin...Published: 08 Feb 2019 at 09:04hrs | 7205 | by Business weekly
How not to win hearts and minds
In a country that is used to turmoil, the month of January will go down as a period when we literally shot ourselves in the foot.The 2017 November coup brought to a close 38 years of dic...Published: 06 Feb 2019 at 08:33hrs | 1697 | by Eddie Cross
Economic stability by June: Cross
Zimbabwe has firm macro-economic fundamentals, notwithstanding current challenges, and the introduction of a new currency will further enhance stability, according to economist Mr Eddie Cross. ...Published: 06 Feb 2019 at 07:59hrs | 932 | by Staff reporter
WATCH: Bond note is the strongest 'currency' in the SADC, says Eddie Cross
"The underlying economy is growing. Exports are growing. The fundamentals are strong. The bond note is the strongest 'currency' in the SADC region because it is a currency. This indicates the underlyi...Published: 05 Feb 2019 at 14:42hrs | 6158 | by Staff reporter
'Float or demonetise bond notes,' says experts
RESERVE Bank of Zimbabwe (RBZ) governor John Mangudya is this week expected to present the monetary policy statement amid calls that he should address the deep-seated currency challenges which are aff...Published: 27 Jan 2019 at 19:18hrs | 9935 | by Staff reporter
Mnangagwa's choreographed plan to carve out his image as a reformer up in smoke
When Emmerson Mnangagwa took over the leadership of Zanu-PF and became the head of state there was a perfectly choreographed plan to carve out his image as a reformer.He would be presented to ...Published: 27 Jan 2019 at 19:15hrs | 2167 | by Staff reporter
Mnangagwa rapped for pegging fuel prices at black market rates
ECONOMISTS and analysts yesterday said the decision by President Emmerson Mnangagwa to peg the new fuel prices at the parallel market rates proved government's insincerity when dealing with the issue ...Published: 14 Jan 2019 at 15:00hrs | 236 | by Staff reporter
Mnangagwa on the edge
Mass protests proposed by the combined force of civil servants, labour unions and the opposition MDC Alliance have plunged President Emmerson Mnangagwa and his Zanu-PF party into panic, amid fears the...Published: 13 Jan 2019 at 08:32hrs | 1651 | by Staff reporter
The crisis in world leadership
We all have very short memories. Looking back over the 20th Century, we can see how a global conflict like the First World War can break out over what seems like a tiny, inconsequential incident in Au...Published: 08 Jan 2019 at 09:26hrs | 1119 | by Eddie Cross
Only a firm hand benevolent autocratic leader can save Zimbabwe
Eddie Cross's opinion piece of December 29, 2018 titled "How long oh Lord, how Long?", in which he lambasts lousy government, corruption, nonsensical monetary and macroeconomic policies, concludes tha...Published: 06 Jan 2019 at 17:58hrs | 3023 | by Makaita Noel Mutasa
Mnangagwa on the edge over unrest
Mass protests proposed by the combined force of civil servants, labour unions and the opposition MDC Alliance have plunged President Emmerson Mnangagwa and his Zanu-PF party into panic, amid fears the...Published: 06 Jan 2019 at 10:26hrs | 7704 | by Staff reporter
Valueless bond notes the source of Zimbabwe's problems, say analysts
GOVERNMENT'S promise to avail foreign currency to the country's largest beverages manufacturer, Delta Corporation, to avoid forex pricing is not sustainable, analysts have said.Delta last Wedn...Published: 06 Jan 2019 at 10:13hrs | 1366 | by Staff reporter
Many of our leaders are just like that baboon
We seem to have been putting up with a lousy government, forever besetted corruption, nonsensical monetary and macroeconomic policies forever. First, we had the Rhodesian government from 1960 onwards,...Published: 01 Jan 2019 at 11:21hrs | 596 | by Eddie Cross
Show some leadership, Mr Mnangagwa
BY any account, Zimbabwe is at a crossroads and one thing is obvious: the situation cannot go on as if everything is normal, that the country is 'open for business' and that Nirvana is around the corn...Published: 24 Dec 2018 at 19:25hrs | 336 | by Editorial - newsday
'People in Mbare have no totems' mocked Mugabe - Is that why you denied them the vote and even life!
"I remember Mugabe sometime when he said people living in Mbare do not have a totem. He is damn right," said Eddie Cross in one of his recent blubbering.The irony of that statement from Mugabe...Published: 24 Dec 2018 at 07:59hrs | 918 | by Patrick Guramatunhu
Eddie Cross roasts black European wannabes in Zimbabwe
OUTSPOKEN former MDC MP, Eddie Cross has condemned most Zimbabweans and their government for dumping African norms and behaviours while mimicking those of whites abroad.Speaking at the inaugur...Published: 23 Dec 2018 at 10:48hrs | 10145 | by newzimbabwe
The Outlook for 2019 is Dismal - unless?
I was called by a major local newspaper this past week and asked what my view of 2019 was? I laughed at the question because right now I do not think anyone could tell you what is going on, let alone ...Published: 22 Dec 2018 at 17:05hrs | 2172 | by Eddie Cross
Exchange control is the central problem facing Zimbabwe at present
BY introducing exchange control via the Reserve Bank, the State has done the following: Created a system to ‘sweep’ some US$3 billion in direct foreign earnings int...Published: 19 Dec 2018 at 06:41hrs | 1020 | by Eddie Cross
Which fundamentals require attention?
There is a real sense of despair in the country. Perhaps it is a left over from the heady days when we celebrated the final departure of former President Robert Mugabe from office and welcomed a 'new'...Published: 10 Dec 2018 at 06:09hrs | 949 | by Eddie Cross
Zimbabwe Communist Party solidarity speech to ARTUZ conference
Long live the spirit of Joshua Nkomo!Long live the spirit of Josiah Tongogara!Long live the spirit of Lookout Masuku!Long live the spirit of Benjamin Burombo!Comrades,l...Published: 08 Dec 2018 at 12:24hrs | 557 | by Ngqabutho Mabhena
Mnangagwa's 'new dispensation' in Zimbabwe stuck in the old ways
Veteran Zimbabwe opposition legislator Joel Gabbuza thought he was stating the obvious when he told mourners that President Emmerson Mnangagwa's ruling Zanu-PF party was struggling to revive the econo...Published: 05 Dec 2018 at 20:30hrs | 2206 | by Kitsepile Nyathi I The East African
Eddie Cross mourns George Bush
George Bush senior died this morning. I met him once, when as Vice President he visited Harare and I was invited to a reception for him. My other indelible memory of the man was watching the GOP Conve...Published: 03 Dec 2018 at 11:31hrs | 2312 | by Eddie Cross
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