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Bulawayo hosts youth tourism conference
THE Zimbabwe Youth in Tourism (ZYT) is hosting a five-day conference in Bulawayo to market Brand Zimbabwe as well as engage in dialogue that will enhance youth business entrepreneurial skills....Published: 2 hrs ago | 60 | by Staff reporter
Edgars basks in high profit
LISTED clothing giant Edgars Group's profit after tax spiked to $1,9 million for the 26 weeks period ended July 8, 2018 compared to $567,499 in the same period last year, backed by growth in sales and...Published: 2 hrs ago | 110 | by Staff reporter
Minister pledges to link industry, colleges
INDUSTRY and Commerce Minister, Nqobizitha Mangaliso Ndlovu has pledged to facilitate strong partnership between industry and higher learning institutions in developing innovative packages that will a...Published: 2 hrs ago | 115 | by Staff reporter
'Banks have let Bulawayo down'
A NUMBER of viable manufacturing projects in Bulawayo have remained stagnant and failed to take off for years due to lack of affordable credit lines from banks, entrepreneur and one of Bulawayo's few ...Published: 18 Sep 2018 at 06:33hrs | 447 | by Staff reporter
ZimTrade urges value-added trade
ZimTrade, Zimbabwe's export promotion institution, has called for the deepening of valued-added manufacturing on current exports to Germany to diversify the country's export basket and scale up global...Published: 17 Sep 2018 at 06:57hrs | 43 | by Staff reporter
Govt to tighten import control regulations
GOVERNMENT is working on a number of pieces of legislation meant to monitor imports so as to protect citizens from substandard goods. Director for quality assurance in the Ministry of Industry...Published: 17 Sep 2018 at 06:54hrs | 407 | by Staff reporter
Remittance income drives Africa's economic growth - Report
A report launched by the Institute of Chartered Accountants in England and Wales (ICAEW) has said that despite an economic slowdown, most African countries are having a positive economic outlook. ...Published: 17 Sep 2018 at 06:46hrs | 96 | by Staff reporter
Mthuli Ncube's five big challenges
NEWLY-APPOINTED Finance and Economic Development minister Mthuli Ncube faces the unenviable task of navigating Zimbabwe's stuttering economy through serious challenges and will need to make tough deci...Published: 16 Sep 2018 at 09:11hrs | 3382 | by Staff reporter
Zimbabwe's future is bright, says Mangudya
Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya says the economy has performed well under difficult circumstances and the future is bright, particularly following the announcement of a "dream...Published: 16 Sep 2018 at 07:22hrs | 5490 | by Staff Reporter
Mthuli Ncube gets shock reality check
NEWLY-appointed Finance minister Mthuli Ncube - who arrived in the country from Switzerland early this week amid a populist storm and blaze of publicity on how to fix Zimbabwe's critically broken econ...Published: 14 Sep 2018 at 16:27hrs | 12971 | by Staff reporter
Israel's Desert Agriculture experience and technologies can help transform agriculture in Zimbabwe and Africa
Agriculture in Israel is a highly developed industry. Israel is a major exporter of fresh produce and a world-leader in agricultural technologies despite the fact that the geography of the country is ...Published: 13 Sep 2018 at 13:22hrs | 1076 | by Enos Denhere
Tharisa plan next move as Zimbabwe opens doors again
PLATINUM group metal (PGM) and chrome miner, Tharisa, is taking a low-risk approach to a high-risk country with the investments into Zimbabwe, it has announced this year.For almost 30 years, Z...Published: 13 Sep 2018 at 07:07hrs | 1715 | by miningmx.com
RBZ creating artificial money to fund gold exports
THE Reserve Bank of Zimbabwe (RBZ) plans to flood the banking system with more transferable balances created through real time gross settlement (RTGS) intended to support gold exporters in a desperate...Published: 13 Sep 2018 at 06:27hrs | 723 | by Staff reporter
Mthuli Ncube has little to offer to Zimbabwe's sodomized economy
The Zimbabwe's national debt is said to be well above $18 billion with the foreign debt contributing $7.5 billion. The foreign debt ($7.5 billion) excludes the private sector foreign debt of $2.5 bill...Published: 12 Sep 2018 at 10:15hrs | 6657 | by Don Chigumb
To introduce or not to introduce domestic currency in the short run, that is the question!
By "To be or not to be" is the manner the literary genius William Shakespeare chose to employ as an opening of a soliloquy for Prince Hamlet in the play Hamlet. "To re-introduce or not to re-introduce...Published: 11 Sep 2018 at 16:08hrs | 1702 | by Prosper Munyedza
Belarus envoy delivers special message to Mnangagwa
Head of the Belarus Presidential Affairs Mr Viktor Sheiman has delivered a special message to the President Emmerson Mnangagwa congratulating him on the victory in the just ended elections and invitin...Published: 11 Sep 2018 at 11:48hrs | 1568 | by Staff Reporter
Industry minister outlines plans
New Minister of Industry and Commerce, Mr Mangaliso Ndlovu, plans to introduce a raft of measures including a "robust" industrialisation policy and removing bottlenecks so as to attract more investors...Published: 11 Sep 2018 at 06:32hrs | 1247 | by Staff reporter
Zimbabwe a nation of contradictions
If Zimbabwe was a patient on a hospital bed we the relatives of the patient would have been expecting nothing less than being told by the doctors that the hospital has tried all we could do and we hav...Published: 10 Sep 2018 at 18:57hrs | 2095 | by Isaac Nkomah
Saboteurs behind price increases
PRICE increases that were reported in the country last week were being fuelled by political and economic speculators who were aiming at scuttling the acceptance of President Mnangagwa's new Cabinet, a...Published: 09 Sep 2018 at 08:30hrs | 828 | by Staff reporter
Monitoring Implementation of Economic Participation Agreements
The genesis of the Economic Participation Agreements (EPA) can be traced back to the historic economic and trade relation between European countries and African, Caribbean and Pacific (ACP) states....Published: 09 Sep 2018 at 07:30hrs | 142 | by NANGO
Mnangagwa, Chiwenga 'rift' may paralyse govt
UNDERLYING tensions between President Emmerson Mnangagwa and one of his deputies, retired General Constantino Chiwenga, over power struggles, risks distracting the new administration from tackling a p...Published: 07 Sep 2018 at 07:37hrs | 10941 | by Staff reporter
'Africa is the place to be,' African Development Bank President tells China
The President of the African Development Bank, Akinwumi Adesina, has urged Chinese business leaders to attend the Africa Investment Forum scheduled to take place in Johannesburg, South Africa, from 7-...Published: 06 Sep 2018 at 07:29hrs | 786 | by Staff Reporter
Mnangagnwa must swiftly move in to avert crisis
IT'S futile for government to bury its head in the sand and pretend all is well in light of the ever-increasing prices of basic needs coupled with shortages of money in the banking system. It's undeni...Published: 06 Sep 2018 at 06:46hrs | 594 | by Editorial - newsday
Zimbabwe’s expectations are high, justifiably so
Since November 24 last year when President Mnangagwa assumed office following the resignation of Mr Robert Mugabe, expectations have been high for him to change Zimbabwe's complexion and turn around i...Published: 05 Sep 2018 at 06:33hrs | 268 | by Vusi Nyamazana
'Mnangagwa's Cabinet shouldn't exceed 18 ministers'
ECONOMIST Gift Mugano said President Emmerson Mnangagwa can only turn around the economy if he has a lean and robust Cabinet of not more that 18 ministers, mostly technocrats.This came as MPs ...Published: 04 Sep 2018 at 06:40hrs | 1075 | by Staff reporter
Water woes stall Steel Makers' re-opening
THE prevailing water shortage in Masvingo has stalled the re-opening of Steel Makers Sponge Iron plant. Masvingo city has been battling a serious water shortage following the breakdown of two pumps at...Published: 04 Sep 2018 at 06:27hrs | 310 | by Staff reporter
British investors set eyes on Zimbabwe
Top British investors are reportedly taking advantage of their Prime Minister Theresa May's visit to Africa on an investment, trade and diplomatic offensive mission in the continent ahead of United Ki...Published: 03 Sep 2018 at 07:11hrs | 1577 | by Staff reporter
Normal to below-normal rainfall forecast for Sadc
SOUTHERN Africa is expected to receive erratic rainfall in the 2018/19 agricultural season, according to the latest outlook produced by regional climate experts who predict that seasonal rainfall will...Published: 03 Sep 2018 at 06:18hrs | 415 | by Staff reporter
Mthuli Ncube wants bond notes scrapped
RENOWNED financial, economic and investment expert, Professor Mthuli Ncube, has advised Treasury to scrap bond notes and revert to use of the United States dollar in the meantime while working towards...Published: 03 Sep 2018 at 06:16hrs | 3982 | by Staff reporter
Zimbabwe to benefit from $10 billion Brexit war chest
Top British investors are reportedly taking advantage of their Prime Minister Theresa May's visit to Africa on an investment, trade and diplomatic offensive mission in the continent ahead of United Ki...Published: 02 Sep 2018 at 08:51hrs | 581 | by Staff reporter
Sanctions will not deter us, says Shiri
RENEWED illegal economic sanctions imposed on Zimbabwe by the United States will not deter an increase in agriculture productivity through land utilisation to ensure food security at household level, ...Published: 28 Aug 2018 at 15:46hrs | 1770 | by Staff Reporter
Transit trucks increase at Beitbridge
THE volume of transit haulage trucks passing through Beitbridge Border Post and destined for countries north of the Zambezi River has increased by 47,5 percent in the last six months compared to the s...Published: 24 Aug 2018 at 05:46hrs | 918 | by Staff reporter
Why RBZ cash injections won't ease crisis
SINCE the Reserve Bank of Zimbabwe (RBZ) announced incremental cash injections into the economy in July, bank queues have persisted; demand for foreign exchange has remained high while the parallel ma...Published: 23 Aug 2018 at 06:38hrs | 984 | by Staff reporter
ZIDERA extension is unacceptable
The ushering in of the new dispensation on 24 November 2017, gave hope to the people of Zimbabwe as they hoped to see a paradigm shift from the old dispensation of Robert Mugabe. President Emmerson Mn...Published: 21 Aug 2018 at 12:15hrs | 1241 | by Elijah Chihota
$292.4m windfall for exporters
Zimbabwe's exporters have pocketed a total of $292.4 million during the first half of the year from incentives unveiled by the Reserve Bank of Zimbabwe to boost local production. &nbs...Published: 17 Aug 2018 at 14:27hrs | 268 | by Staff reporter
US think tank sees Zimbabwe boom under Mnangagwa
President Emmerson Mnangagwa has firmly set Zimbabwe on a positive economic transformation path that will benefit the mining sector in the coming years, according to US global market data, analytical ...Published: 17 Aug 2018 at 07:31hrs | 3004 | by Staff reporter
Sanctions just like a bullet would hit the voter not the voted
Mthwakazi activist Hloniphani Ncube has said since the advent of sanctions in Zimbabwe after the introduction of the MDC into the political field the negative effects have only hit hard the voter not ...Published: 11 Aug 2018 at 10:33hrs | 1059 | by Stephen Jakes
NRZ equipment lease deal pays off
THE National Railways of Zimbabwe (NRZ) says its decision to hire equipment from Transnet South Africa has started paying dividends, with cargo freight volumes increasing since April this year....Published: 10 Aug 2018 at 07:59hrs | 1286 | by Staff reporter
Be strong young man, lead my people!
I MUST admit that I really underestimated this young Wamba kid. I had initially never given him much chance, but I am really gratified and very delighted that God and the gods timely intervened in the...Published: 09 Aug 2018 at 19:07hrs | 6984 | by CZ
Zimbabwe boasts 13 million tonnes gold chest
ZIMBABWE has the second largest gold reserves per square kilometre in the whole world with 13 million tonnes of proven reserves of which only 580 tonnes have been exploited since 1980, Reserve Bank of...Published: 08 Aug 2018 at 06:13hrs | 1823 | by Staff reporter
'Banks to give out more cash'
The Reserve Bank of Zimbabwe (RBZ) says people should expect to withdraw more cash from their banks in the coming weeks, just like what happened at the weekend when Automated Teller Machines (ATMs) di...Published: 07 Aug 2018 at 08:00hrs | 15440 | by Staff reported
Putin sees a Mnangagwa victory?
PRESIDENT Mnangagwa held a closed door meeting with his Russian counterpart, Vladimir Putin on the sidelines of the 10th BRICS Summit in Johannesburg on Friday during which the leader of the Eastern E...Published: 29 Jul 2018 at 10:30hrs | 6290 | by Staff reporter
What happened to Mugabe's land reforms?
Zimbabweans will vote in the country's first presidential election since Robert Mugabe stepped down after more than 30 years in office.In the past few decades, the southern African country has...Published: 27 Jul 2018 at 08:22hrs | 736 | by BBC
Iranian military commander warns Trump
ANKARA - An Iranian military commander said yesterday that Donald Trump should address any threats against Tehran directly to him, and mocked the US president as using the language of "night clubs and...Published: 27 Jul 2018 at 07:24hrs | 653 | by AP
Mnangagwa performance: Is it worthy second chance?
ZIMBABWEANS will on Monday hold crucial elections, where they will be choosing the country's next President and Members of Parliament to guide the nation in the next five years.NewsDay will, i...Published: 25 Jul 2018 at 07:45hrs | 828 | by Mthandazo Nyoni
Mnangagwa signs deal to reopen steel plant in Masvingo
President Emmerson Mnangagwa says the re-opening and expansion of a steel plant in Masvingo will promote value addition and create employment.He said in Harare this evening during at a signing...Published: 24 Jul 2018 at 17:19hrs | 2098 | by Staff reporter
Bond notes vanish in Zimbabwe
BOND notes continue to vanish from the formal market, with latest statistics indicating that only seven percent of the unique currency's issued value was in circulation at the close of 2017.Ac...Published: 23 Jul 2018 at 13:09hrs | 7186 | by Staff reporter
Free range chicken breeder eyes Asian market
BULAWAYO-BASED women and girl child empowering non-governmental organisation, Upfumi Kumadzimai-Inotho Kubomama is working on embarking on an extensive free range chicken breeding project as it moves ...Published: 22 Jul 2018 at 10:28hrs | 363 | by Staff reporter
Mnangagwa govt hunts for $2bn funding
PRESIDENT Emmerson Mnangagwa's administration is frantically negotiating a critical US$2 billion bailout package with a top Chinese bank, the Industrial and Commercial Bank of China (ICBC), and other ...Published: 20 Jul 2018 at 16:00hrs | 1904 | by Staff reporter
CSC revival brings hope to livestock farmers
PLAYERS in the livestock industry have hailed efforts by the Government to revive ailing meat processor and marketer, Cold Storage Company (CSC), describing them as a major stride towards enhancing th...Published: 20 Jul 2018 at 07:31hrs | 163 | by Staff reporter
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