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William Ruto visits Germany: German press rebukes his claims about labour contracts.
It does not matter how one looks at this story; it is not only shameful to Kenya: it must shame all Africans equally. Recently, President Willian Ruto was on a state visit to Germany, and was proud to...Published: 17 Sep 2024 at 22:06hrs | 794 | by Nomazulu Thata
Mr Kudzai Mutisi, the German 'Economic wonder' after the WW2 had multiple favourable factors!
I am writing this article as a reply to your article you wrote last week: My article is not in any way or form critiquing your own but including factors that must be known, but, however, adding to wha...Published: 20 Mar 2024 at 20:53hrs | 1 | by Nomazulu Thata
Mr. President, you can't make the nation suffer simply because of your ego!
Pride comes before a fall! When I had the inspiration for this article, a certain scenario played out in my mind.I imagined an egoistical father - who was adamant that every 'respectab...Published: 17 Jun 2023 at 07:23hrs | | by Tendai Ruben Mbofana
South Africa Reserve Bank to be nationalised
President Cyril Ramaphosa's announcement on Thursday that government intends to continue with plans to nationalise the central bank cased "havoc" in dealing rooms, according to Bianca Botes, Corporate...Published: 09 Mar 2019 at 08:03hrs | 1 | by Staff reporter
It is the worst time to be in the shoes of ED
Zimbabwe is in a very precarious condition. Prices are dancing a dance of their own. Life is very hard and it is a nightmare being Zimbabwean. Everybody from the rich and the poor are crying. As expec...Published: 23 Nov 2018 at 22:18hrs | | by Dr Masimba Mavaza
RBZ in statutory reserve requirements U-turn
Eight years after the Reserve Bank of Zimbabwe abolished Statutory Reserve Requirements for banks in a move aimed at releasing more funds for lending by the financial sector and lowering interest rate...Published: 21 Oct 2018 at 09:30hrs | | by Staff reporter
Online voting option for Zimbabwean in the Diaspora
Twenty-seven years ago, less than half of Estonia's population had a telephone. Today, the country could provide Zimbabwe with an ICT option for mulled Diaspora participation in elections back home: t...Published: 26 Sep 2018 at 06:57hrs | 9 | by Staff reporter
'Air Zimbabwe free to ply Eurozone'
AIR Zimbabwe will continue flying to various European routes contrary to reports that the airline had been banned from the Eurozone due to safety concerns. It has emerged that it is only the airline's...Published: 22 May 2017 at 06:34hrs | | by Staff reporter
The liberating power of Brexit
The referendum of June 23, 2016 regarding Britain's remain at or exit from the European Union, through its subversive BREXIT result - the first major, painful defeat for the under German control Europ...Published: 29 Sep 2016 at 11:22hrs | | by Isidoros Karderinis
What Brexit means for Africa, Zimbabwe
"Fog in the channel - continent cut off." The Brookings Institution reminded us of this famous though apocryphal British headline in an analysis of Brexit this week. For Brookings, the headline epitom...Published: 24 Jun 2016 at 06:50hrs | | by Peter Fabricius
Greece's Alexis Tsipras quits and calls early polls
Greece's Prime Minister Alexis Tsipras has announced he is resigning and has called an early election.Mr Tsipras, who was only elected in January, said he had a moral duty to go to the polls ...Published: 20 Aug 2015 at 19:23hrs | | by BBC
Chinamasa deserves Nobel Prize in economics
IN its post-colonial history since 1980, Zimbabwe has gotten one big thing right, inter alia: the multi-currency system.To cut a long a long story short, Zimbabwe currently has arguably, the l...Published: 11 Aug 2015 at 08:32hrs | | by Colls Ndlovu
Illegal migrant workers will have wages seized by police and face deportation
Foreign workers will have their wages seized by police and face deportation without appeal if they are in the UK illegally, David Cameron will announce today as part of a "radical" crackdown on immigr...Published: 24 May 2015 at 14:52hrs | | by Peter Dominiczak
Multicurrency system: Zimbabwe continues to lead the world
For the first time ever in its de facto one party rule since 1980, one must agree that Zimbabwe has gotten one and only one thing right: ,i.e. the multicurrency system. This is one area where Zimbabwe...Published: 14 Feb 2014 at 15:46hrs | | by Colls Ndlovu
$100 maximum withdrawal from Metropolitan Bank
Metropolitan Bank customers said the bank has sent them text messages informing them that they could withdraw money from any Zimswitch point of sale to a maximum of $100 a day.Metropolitan Ban...Published: 01 Dec 2013 at 04:51hrs | | by Staff reporter
Zimdollar versus the multicurrency system
The ongoing debate within Zimbabwe's financial markets about the possible return of the now-defunct Zimdollar serves to further destabilise the country's still fragile economy in general, and the fina...Published: 28 Oct 2013 at 16:07hrs | 1 | by Colls Ndlovu
Airlines - IATA - Latest analysis of passenger traffic demand
Sydney - The International Air Transport Association (IATA) announced global passenger traffic results for May showing that air travel continued to expand at a healthy rate. Growth was led by emerging...Published: 03 Jul 2013 at 07:50hrs | | by Linden Birns
Vulgar English word becomes an acceptable German word
Germany's standard dictionary has included a vulgar English term, used by Chancellor Angela Merkel among others, as an acceptable German word.Duden, the equivalent of the Oxford English Dictio...Published: 03 Jul 2013 at 04:25hrs | | by Staff Reporter
Zim's hyperinflation era profiled
THE Macroeconomic and Financial Management Institute for Eastern and Southern Africa is working on documenting Zimbabwe’s country hyper-inflationary era to provide insights on how th...Published: 11 Apr 2013 at 03:51hrs | | by Staff reporter
Cyprus President's family transferred millions to London just before Euro bailout agreement
A company owned by in-laws of Cypriot President Nicos Anastasiades wired €21 million from Laiki Bank to London days before the Eurogroup's crisis-triggering levy proposal, claims a Cyp...Published: 01 Apr 2013 at 16:33hrs | | by Staff Reporter
Cypriot depositors could lose up to 60% of their money
Bank of Cyprus depositors with more than 100,000 euros (£84,300; $128,200) could lose up to 60% of their savings as part of an EU-IMF bailout restructuring move, officials say.The cent...Published: 30 Mar 2013 at 13:02hrs | | by Staff Reporter
When the unintended so damages!
There is something I don't understand about our Government and our leaders. This Wednesday we had the Prime Minister's spokesperson telling Minister Chinamasa off for pointing out that the Prime...Published: 13 Jan 2013 at 06:07hrs | | by Nathaniel Manheru
Speech by Morgan Tsvangirai on the launch of the 2012 population census
His Excellency President Robert MugabeDeputy Prime Minister Hon. Thokozani Khupe...Published: 16 Aug 2012 at 05:55hrs | | by Morgan Tsvangirai
IMF to conclude Zimbabwe debt write-Off agreement
ZIMBABWE is moving closer to concluding a debt write-off agreement with the International Monetary Fund with agreement on the issue likely to be reached in September this year.Professor Ashok...Published: 24 Jul 2012 at 05:04hrs | | by Business reporter
Zimbabwe's debt problem - a ticking time bomb
Zimbabwe's ever growing debt problem, if left unresolved soon, is arguably a ticking time bomb that could trigger civil strife and instability in the not so distant future.While RBZ Governor G...Published: 04 Jul 2012 at 08:22hrs | | by Clifford Chitupa Mashiri
Corporate Zimbabwe planning mega charm offensive - Imara
Corporate Zimbabwe is gearing up for one of the biggest 'charm offensives' since the dollarisation of the country's economy, according to Imara, the pan-African investment banking and asset management...Published: 23 May 2012 at 08:53hrs | | by Business reporter
Europe turns to Zim for financial lessons as advised by Byo24News
The ongoing meltdown within the so-called Eurozone, with Greece serving as its epicentre is a cause for concern. What is interesting however is that Europe has now turned to Zimbabwe for m...Published: 22 May 2012 at 11:38hrs | | by Colls Ndlovu
France president, Sarkozy, loses first round
PARIS. - Socialist challenger Francois Hollande won the first round of the French presidential vote yesterday, setting himself up for a May 6 run-off with right-wing incumbent Nicolas Sarkozy. Estim...Published: 23 Apr 2012 at 05:52hrs | | by AFP
Mugabe receives new diplomats
President Robert Mugabe yesterday accepted credentials from four new ambassadors who have been posted to Zimbabwe.Ms Ndiyoi Muliwana Mutiti, who holds a Bachelor of Arts degree in Public Admin...Published: 20 Apr 2012 at 07:31hrs | | by Staff reporter
Zimbabwe diamond mines up for sale
THE Murowa Diamond Mine in Zvishavane could soon be put up for sale as parent company Rio Tinto International has indicated it will exit the diamond business. The mine, in which Rio Tinto Int...Published: 28 Mar 2012 at 05:15hrs | | by Staff reporter
Zimbabwe could adapt Chinese currency
The massive assailing of the Zimbabwean economy by the Chinese requires the Yuan to strengthen these economic reconstruction efforts. Invited by President Robert Mugabe as part of his 2004 "Look East"...Published: 28 Jan 2012 at 07:07hrs | | by Catholic Online
Stop oil supply to EU before the six-month deadline Iran urged
TEHRAN. - Former Iranian Intelligence Minister Ali Falahian called on Tehran authorities to stop oil supply to the European Union member states before the bloc decides on banning oil imports from Iran...Published: 25 Jan 2012 at 06:09hrs | | by Staff reporter
2011 proved difficult for Zimbabwean equities
The ZSE performed poorly in 2011 as the Industrial index eased 3.6% while the Mining Index slumped 49.8%. The poor performance can be attributed to the scarce liquidity, unclear policies around ...Published: 11 Jan 2012 at 13:02hrs | | by Equities Analyst
East African Community monetary union negotiating team embarks on study tour of EU
ARUSHA, Tanzania - A 20-member delegation from the East African Community, will, Friday 13 January 2012 depart for Brussels, Luxembourg, Frankfurt and Berlin on a 12-day study tour of the Europe...Published: 11 Jan 2012 at 07:03hrs | | by APO | EAC
World rings in New Year (2012) in blaze of fireworks
London - The world rang in the New Year on Sunday with a string of spectacular firework displays watched by millions, a moment to overlook what the global economic crisis might have in store in 2012....Published: 01 Jan 2012 at 05:59hrs | | by Moyo Roy
Brazil overtakes the UK, report
Brazil has overtaken the UK as the world's sixth largest economy, an economic research group has said.The Centre for Economics and Business Research (CEBR) said its latest World Economic Leagu...Published: 26 Dec 2011 at 14:10hrs | | by BBC
Introduction of Zimdollar alongside the Chinese Yuan feasible - Gono
RESERVE Bank of Zimbabwe Governor Dr Gideon Gono has said the introduction of a reconstituted Zimbabwe dollar alongside the Chinese Yuan and other existing currencies is feasible and beneficial to t...Published: 13 Dec 2011 at 05:17hrs | | by Staff reporter
International Monetary Fund approves 2.2-billion-euro rescue fund for Greece
The International Monetary Fund (IMF) on Monday approved the release of a long-delayed tranche of rescue fund for Greece under the joint IMF-European Union (EU) bailout program following headway made ...Published: 06 Dec 2011 at 09:19hrs | | by Mafu Sithabilde
Top politicians and women
IT is the lifestyle of the rich and famous: top of the range cars; holidays in exquisite resorts and lots of women. They enjoy the fun irrespective of the media scrutiny. In some cases, they never see...Published: 26 Nov 2011 at 07:48hrs | | by Staff reporter
Germany remains opposed to eurobonds across the eurozone
Germany on Monday reiterated its opposition to the issuance of so-called "eurobonds" across the eurozone to tackle the ongoing debt crisis."The chancellor and the federal government do not sh...Published: 22 Nov 2011 at 18:48hrs | | by Mathews Estell
Zim offers a lesson that can rescue Europe from its Eurozone financial imbroglio
Adoption of the single currency by certain European countries (i.e. Eurozone members) brought into convergence hitherto disparate sovereigns whose economies were as different as day and night. ...Published: 18 Nov 2011 at 10:39hrs | | by Colls Ndlovu
The whys and wherefores of the Eurozone financial crisis
I have often been asked the fundamental question: what are the causes of the ongoing Eurozone financial crisis and why is it so difficult to solve it? The Eurozone financial crisis has its roots in th...Published: 17 Nov 2011 at 07:58hrs | 8 | by Colls Ndlovu
Sarkozy 'sick' of British interference
London - French President Nicolas Sarkozy launched a scathing attack on British Prime Minister David Cameron at Sunday's EU summit, saying he was "sick of him telling us what to do", UK press reporte...Published: 24 Oct 2011 at 07:14hrs | | by -
Zimbabwe's challenges are well documented, BUT ....
Zimbabwe's challenges are well documented, but strong GDP projections and encouraging growth at company level have increased the market's investment appeal in the current economic context. ...Published: 17 Sep 2011 at 11:50hrs | | by Grant Flanagan manager of the Imara
All lasting constitutions secure the majority
When imperialism becomes desperate, its stooges go hysterical and irrational.Just in case the desperation of the imperialists is in doubt, it helps to look at the obvious signs:British Pri...Published: 24 Jul 2011 at 06:09hrs | | by Tafataona Mahoso
Moody's cuts Portugal rating to junk
Lisbon/New York - Moody's became the first rating agency to cut Portugal's credit standing to junk, warning that the country may need a second round of rescue funds before it can return to capit...Published: 06 Jul 2011 at 08:51hrs | 2 | by Reuters
SA rand firms against US dollar
The South African rand was firmer against the US dollar in early morning trade on Thursday as it tracked a euro that had been buoyed by a positive vote in the Greek parliament."We see rand-do...Published: 30 Jun 2011 at 06:43hrs | | by IOL
UK's David Cameron wins fight to limit aid UK will give Greece
The UK PM, David Cameron has won his battle to limit the amount of money the UK will have to contribute towards a second financial bail-out for Greece, BBC News reported on Thursday.The curren...Published: 23 Jun 2011 at 23:41hrs | | by Matthews Estell
EU debt woes deepen, enters a new and critical phase
Athens - A debt crisis in Europe’s 17-nation single currency zone has entered a new and critical phase, with fears that Greece could default and spark a global financial disaster lik...Published: 21 Jun 2011 at 06:21hrs | 4 | by Reuters
EU crisis threatens global economy: IMF
Luxembourg - The International Monetary Fund (IMF) has warned that Europe's debt crisis could have "large global spillovers" if no bolder action is taken.The warning comes as the internationa...Published: 20 Jun 2011 at 14:12hrs | | by Sapa
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