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World Economic Forum, opportune platform to lure investment
Zimbabwe's participation at this year's 50th annual meeting of the World Economic Forum, (WEF), in Davos, Switzerland is a big opportunity for her to lure Foreign Direct Investment (FDI)....Published: 10 hrs ago | 365 | by Chido Chikuni
Zimbabwe left with 30 days' supply of grain
ZIMBABWE has less than 100 000 tonnes (t) of grain in its strategic grain reserve — enough to feed the nation for only one month, Lands, Agriculture, Water and Rural Resettlement minister Perrance S...Published: 17 hrs ago | 860 | by Staff reporter
Zimbabwe fails to honour power supply contracts
THE Chamber of Mines of Zimbabwe (CoMZ) has revealed that mining firms have not been receiving regular power supplies despite having signed contracts with government.To help boost the nation's pow...Published: 17 hrs ago | 573 | by Staff reporter
All that glitters is not gold
I AM not sure of the details but around the year 2000, a geological exploration team found alluvial diamonds at Marange in Zimbabwe. They cut trenches and did further exploration for a number of years...Published: 17 hrs ago | 830 | by Eddie Cross
Nelson Chamisa’s Agenda 2020 address to the nation
(Transcript of MDC leader Nelson Chamisa’s ‘Agenda 2020’ address as prepared for delivery at Stodart Hall in Mbare on January 21, 2020)Fellow Zim...Published: 22 Jan 2020 at 19:47hrs | 1020 | by Nelson Chamisa
Zimbabwe forex crisis to worsen
ZIMBABWE'S foreign currency crisis is expected to worsen this year after gold exports fell by over 28 percent last year.The southern African country is grappling with acute foreign currency sh...Published: 22 Jan 2020 at 07:21hrs | 1989 | by Staff reporter
ZimTrade urges competitiveness on export market
THE country's export promotion body, ZimTrade has urged small to medium enterprises (SMEs) to form viable associations to improve their performance and competitiveness on the export market.In ...Published: 21 Jan 2020 at 18:59hrs | 322 | by Staff reporter
Zimbabwe to adopt smart agriculture
Government says it is engaging agriculture sector stakeholders to promote and implement a comprehensive transformation which will allow farmers to migrate from conventional farming methods to smart ag...Published: 21 Jan 2020 at 18:57hrs | 484 | by Staff rpeorter
Zimbabwe economy to contract by 5.5% says UN
Zimbabwe's economy will register a negative growth of 5.5% and 2.5% in 2019 and 2020 respectively owing to foreign currency shortages, elevated public debt and uncontrolled inflation, a recent report ...Published: 20 Jan 2020 at 05:54hrs | 1562 | by FinX
Mthuli Ncube sticks to his guns
Finance and Economic Development Minister Professor Mthuli Ncube has stuck to his guns, maintaining that the country is going to achieve 3 percent economic growth for 2020 in the face of independent f...Published: 19 Jan 2020 at 05:33hrs | 2090 | by Staff reporter
China to inject fresh funds into Zimbabwe economy?
China will provide fresh funding for new infrastructure projects that are expected to jerk the economy and create new jobs. Reports of prospective funding come in the wake of last week's visit by the ...Published: 19 Jan 2020 at 05:28hrs | 326 | by Staff rpeorter
Zimbabwe platinum leakages hurting national purse
WITH its economy tanking, Zimbabwe is looking to mining for salvation.But platinum ore exports may be leaking millions of dollars in potential revenue the country needs to plug an acute shorta...Published: 19 Jan 2020 at 05:27hrs | 140 | by Cliff Chiduku
Percy Gwanyanya takes philanthropic work to all corners of Zimbabwe
Harare based business man and philanthropist Percy Gwanyanya (37) has launched a scholarship program which will benefit many across the country.Gwanyanya who is the founder and Managing Direct...Published: 18 Jan 2020 at 08:27hrs | 1077 | by Tinashe Eric Muzamhindo
ZACC closes in on fuel smugglers
Investigations and Special Reports Editor FORTY-TWO local fuel companies have been asked to explain their dealings as the Zimbabwe Anti-Corruption Commission (ZACC), in conjunction with foreign law en...Published: 18 Jan 2020 at 05:35hrs | 444 | by Staff reporter
Is lithium Zimbabwe's economic game changer?
The global surge in demand for lithium over the past few years has been impelled by the rising appetite for Electric Vehicles (EVs) and portable consumer devices.The rise in demand is attributed t...Published: 17 Jan 2020 at 06:14hrs | 346 | by Staff reporter
'Corruption fuels Zimbabwe hunger'
CORRUPTION and mismanagement of the agricultural sector are the major drivers of food shortages in Zimbabwe, where over 7,7 million people urgently require food, a top European Union (EU) diplomat has...Published: 17 Jan 2020 at 06:08hrs | 162 | by Staff rpeorter
Government controls fuelling the black market
Business at the country's parallel (black) market for foreign currency and other commodities has never been as brisk. Billions of dollars in local or foreign currency exchange hands on a daily basis i...Published: 16 Jan 2020 at 09:07hrs | 3924 | by Victor Bhoroma
Zanu PF in desperate bid to link MDC to MaShurugwi menace
The MDC condemns the sensational claims by Justice Wadyajena in which he tries to link the menace of Mashurugwi to our Secretary General Hon Chalton Hwende.Wadyajena's alarmist claims border o...Published: 14 Jan 2020 at 10:00hrs | 2420 | by MDC Communications
National railways seeks forex exemption
THE National Railways of Zimbabwe (NRZ) has approached Government seeking to be allowed to receive payments in foreign currency from exporters transporting their goods by rail. In ...Published: 13 Jan 2020 at 07:05hrs | 1937 | by Staff Reporter
NRZ-Chinese deal to move 2 million tonnes of iron ore annually
A CHINESE company has expressed interest in engaging the National Railways of Zimbabwe in a deal that will see over two million tonnes of iron ore being transported per year.It has not been ea...Published: 12 Jan 2020 at 08:30hrs | 1393 | by Staff Reporter
World Bank forecast 2,7pc growth for Zimbabwe
The World Bank has forecast Zimbabwe's economy to grow by 2,7 percent this year, a growth that almost tallies with Finance Minister Mthuli Ncube's 2020 National Budget projection of 3 percent. This fo...Published: 10 Jan 2020 at 09:28hrs | 1584 | by Staff Reporter
Zimbabwean economy simplified
Issues concerning the economy are vital for any given country's revolutionary and evolutionary path since they are at the core of all movements. Most importantly an economic policy justifies the trans...Published: 08 Jan 2020 at 13:10hrs | 1295 | by Terence Simbi
Zimbabwe records spike in fish sales
ZIMBABWE'S fish export volumes increased by 37% to 2 318 tonnes between January and September 2019, driven by fresh water frozen fish and frozen tilapia, according to a Livestock and Meat Advisory Cou...Published: 06 Jan 2020 at 13:50hrs | 1510 | by Staff Reporter
Elitist Ignorant ZANU PF, Justice not a Jurist, Mayor not appointed, Aloof to Hunger Pains
The chance that an experienced lawyer would ever make such an ignorant callus statement as is alleged to have been made by Wadyajena, is very small. If the alleged statement on Twitter on the 25...Published: 04 Jan 2020 at 16:46hrs | 1606 | by Thabo Makuyana
Zimbabwe govt warned against printing money
Business leaders have warned government to desist from excessive money printing, as it is negatively affecting real growth.Inflation happens if the money supply grows faster than economic outp...Published: 29 Dec 2019 at 11:38hrs | 10679 | by Staff Reporter
Noose hangs over bigwigs as ZACC sharpens its claws
The anti-corruption drive has moved a gear up towards prosecution of individuals fingered in graft, with fresh revelations the Attorney-General's Office is now being ropped in to team up with the Nati...Published: 29 Dec 2019 at 07:46hrs | 3131 | by Staff Reporter
Chinese tour Mnangagwa's farm
While Zimbabweans were enjoying Christmas on Wednesday, the First Family was busy at its Pricabe Farm in Sherwood on the outskirts of Kwekwe, hosting a Chinese delegation that wants to invest in the a...Published: 27 Dec 2019 at 10:32hrs | 6009 | by Staff Reporter
Mnangagwa has intel on gold smuggling
PRESIDENT Emmerson Mnangagwa has revealed that Zimbabwe has lost gold worth US$60 million through a syndicate of businessmen that clandestinely export the precious mineral to Dubai.Mnangagwa m...Published: 23 Dec 2019 at 15:40hrs | 289 | by Staff reporter
Mthuli Ncube says policy not finance will drive industrialisation
FINANCE and Economic Development Minister, Professor Mthuli Ncube, says revitalising the country's industries is hinged on policy reform and consistency as opposed to increasing budgetary allocations ...Published: 23 Dec 2019 at 07:59hrs | 2173 | by Staff Reporter
G40 pays Chiwenga wife's legal fees
Self-exiled G40 kingpins are scheming to exploit, for political expediency, the case of Vice President Constantino Chiwenga's estranged wife, Marry Mubaiwa, by launching a sustained smear campaign aga...Published: 19 Dec 2019 at 04:51hrs | 801 | by Staff reporter
Uncle Roland's fuel scam exposed
Controversial businessman Roland Muchegwa has been fingered in dirty fuel businesses being implemented in Zimbabwe and South Africa. Online publication Zimmorning post has alleged that Roland'...Published: 18 Dec 2019 at 10:35hrs | 17040 | by Mandla Ndlovu
Energy challenges sinking Zimbabwe's economy
The 2019 survey report by the Zimbabwe National Chamber of Commerce (ZNCC) on the impact of energy challenges on business paints a grim picture of the state of production in the economy. Unrelenting p...Published: 17 Dec 2019 at 07:08hrs | 765 | by Victor Bhoroma
FULL TEXT: Marry Chiwenga's alleged crimes detailed
TO : COMMISSIONER INVESTIGATIONSFROM : MR MASIMBA AND TEAMDATE : 14/12/19SUBJECT: ARREST OF MARRY MUBAIWA FOR EXPORTING CU...Published: 16 Dec 2019 at 08:08hrs | 6569 | by Mandla Ndlovu
Zozibini and decolonial aesthetics
THE saying that "beauty is in the eyes of the beholder" is an old English saying that has its roots in Ancient Greece. The roots of the saying are deeply philosophical as were its Greek geneal...Published: 15 Dec 2019 at 12:07hrs | 446 | by Cetshwayo Mabhena
We are living in a prison
If ever there was need for a revolution- a real revolution - it is now.We are really living in a self-made, man-made prison.We can no longer continue like this, and it is time "w...Published: 15 Dec 2019 at 12:05hrs | 846 | by Bishop Lazarus
Mnangagwa warns bureaucrats
Bureaucrats causing unnecessary delays in implementing Government programmes should either reform or face the chop, President Emmerson Mnangagwa has said.Officially closing the 18th Zanu-PF Na...Published: 15 Dec 2019 at 12:04hrs | 379 | by Staff reporter
Play time is over, says Mnangagwa
BUREAUCRATS causing unnecessary delays in implementing Government programmes should either reform or face the chop, President Emmerson Mnangagwa has said.Officially closing the 18th Zanu-PF Na...Published: 15 Dec 2019 at 08:01hrs | 1679 | by Staff Reporter
Mnangagwa vows Zimbabwe will 'never, never' dollarise again
President Emmerson Mnangagwa vowed on Friday not to revert to using the United States dollar after the Zimbabwe plunged against the greenback since its introduction this year, fuelling inflation and e...Published: 14 Dec 2019 at 18:15hrs | 1158 | by Staff reporter
Zimbabwe, hobbled by a clash of egos
At the heart of Zimbabwe's economic paralysis is a personality clash.Finance Minister Mthuli Ncube and Reserve Bank of Zimbabwe Governor John Mangudya don't get on, are pursuing different agen...Published: 14 Dec 2019 at 08:25hrs | 621 | by Ray Ndlovu, Godfrey Marawanyika and Antony Sguazzin
Schweppes stops producing Mazoe Orange Crush
LEADING beverages producer, Schweppes Zimbabwe has indefinitely stopped producing its flagship drink, Mazoe Orange Crush, as the company lacks foreign currency to pay a debt to its supplier of vital i...Published: 13 Dec 2019 at 17:48hrs | 4971 | by Staff reporter
NRZ board defies Matiza over US$400 million deal
THE National Railways of Zimbabwe (NRZ) board is defying implementing Transport minister Joel Biggie Matiza's directive to re-tender the entity's US$400 million recapitalisation deal, citing punitive ...Published: 13 Dec 2019 at 08:00hrs | 527 | by Staff reporter
Zimbabwe faces a gloomy 2020
IN the three weeks since the 2020 national budget both the economy and Finance Minister Mthuli Ncube's recovery strategy have drifted closer to the rocks. In their stubborn refusal to heed development...Published: 13 Dec 2019 at 07:30hrs | 783 | by Anthony Hawkins
New plate, new cup for prisoners
Treger Holdings yesterday donated 20 000 plates and 20 000 cups to prisons, so every prisoner now has at least a new cup and plate for personal use. The donation came at a time when the Zimbab...Published: 13 Dec 2019 at 07:21hrs | 252 | by Staff reporter
Perrance Shiri, Kazembe Kazembe in tribal storm
A RETIRED colonel and Zipra war veteran has accused the Minister of Lands, Agriculture and Rural Resettlement, Retired Air Marshal Perrance Shiri of taking a farm he has occupied for 17 years on triba...Published: 12 Dec 2019 at 20:02hrs | 2922 | by Staff reporter
Power cuts to intensify
Zesa Holdings warned yesterday that the country's debilitating power cuts are set to worsen due to reduced imports, dwindling local generation capacity and the current heavy rains. This comes ...Published: 11 Dec 2019 at 06:44hrs | 2385 | by Staff reporter
'Eskom still supplying Zimbabwe with off-peak power'
South African power utility Eskom is still supplying Zimbabwe with 300MW of power outside peak hours under a US$2 million a month deal with Zesa, Cabinet was told yesterday. Eskom has surplus ...Published: 11 Dec 2019 at 06:34hrs | 485 | by Staff reporter
Zimbabwe records trade surplus
ZIMBABWE recorded a trade surplus of US$83 million in October after the country exported more goods than it imported, latest trade data shows. Data from the Zimbabwe National Statistics Agency...Published: 11 Dec 2019 at 06:33hrs | 646 | by Staff reporter
Chiwenga urges army to stop illegal mining activities
Vice President Constantino Chiwenga has urged security forces to immediately take action and stop all illegal mining activities in Manicaland Province. Commissioning two Bailey bridges that we...Published: 11 Dec 2019 at 06:30hrs | 3457 | by Staff reporter
Zimbabwean tobacco hectarage drops
AT least 35 998 hectares of land have so far been put under tobacco in the 2019/20 summer cropping season, down from 42 010 hectares that had been planted during the same period last year, statistics ...Published: 10 Dec 2019 at 06:45hrs | 267 | by Staff reporter
Plenty forex for exporters
BUSINESSES should lead by example by trading foreign currency on the interbank platform instead of rushing to the parallel market, a senior banker has said. Speaking at a ZimTrade export aware...Published: 09 Dec 2019 at 06:55hrs | 568 | by Staff reporter
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