Search / Freefall
Zimbabwe should ditch the toxic US dollar
Zimbabwe's economy has been intertwined with the US dollar for over a decade, a relationship that began as a pragmatic response to hyperinflation and economic collapse in the late 2000s. The adoption ...Published: 12 Jul 2024 at 09:46hrs | 55 | by Staff writer
Drawing parallels between Kenya and Zimbabwe's social, economic, and political disturbances
We want to believe that the demonstrations in Kenya just happened overnight. The Gene Zs went on a rampage assisted by criminals. To framing them so thin, is to trivialize a genuine revolution that wa...Published: 07 Jul 2024 at 23:08hrs | 26 | by Nomazulu Thata
Zimbabwe central bank summons Bank CEOs
The Reserve Bank of Zimbabwe (RBZ) has summoned chief executives of key financial institutions, specifically banks, for a meeting tomorrow morning ahead of the much-anticipated launch of a new currenc...Published: 04 Apr 2024 at 10:29hrs | 1 | by Staff reporter
All eyes on new RBZ boss
RESERVE Bank of Zimbabwe (RBZ) new governor John Mushayavanhu is facing a tough challenge as he is expected to immediately halt the freefall of the Zimbabwe dollar and stop the economic implosion blam...Published: 31 Mar 2024 at 16:36hrs | | by Staff reporter
Traders reject Zimdollar
THE Zimbabwe dollar has continued to depreciate in 2024, with traders in some areas now refusing to accept the local currency, while parallel market exchange rates have been differing across the count...Published: 12 Feb 2024 at 13:49hrs | 2 | by Staff reporter
Zimdollar bloodbath set to continue into coming year
THE depreciation of the Zimbabwe dollar in 2023 is likely to spill into 2024, with experts forecasting an increase in the cost of doing business, production and increased pressure on the exchange rate...Published: 30 Dec 2023 at 16:33hrs | 5 | by Staff reporter
Mozambican hustlers take over Harare streets
In the bustling heart of Harare, with towering skyscrapers and vendors hawking wares amid the honking symphony of traffic, a unique brand of entrepreneurship thrives.Young Mozambican men, thei...Published: 27 Dec 2023 at 07:31hrs | 7 | by Staff reporter
Highlanders FC in spectacular freefall
Highlanders FC's dramatic decline in the Castle Lager Premier Soccer League has been remarkable. While some non-playing stakeholders still hold onto hope, it appears they are gradually losing faith in...Published: 10 Oct 2023 at 05:56hrs | | by Staff reporter
So anyone who exposes Zim regime's crookedness is a 'puppet of the West'!
There are things on this planet which are just plainly bizarre, ridiculous and even comedic!Only that their serious implications stop people as myself cracking my ribs in a fit of laughter....Published: 10 Sep 2023 at 13:08hrs | | by Tendai Ruben Mbofana
So Mnangagwa govt finally admits local currency wasn't sabotaged after all!
We have said it numerous times before.The Zimbabwe government is lying about saboteurs - who are usually faceless so-called 'regime change agents', supposedly operating in cahoots with 'our de...Published: 11 Aug 2023 at 16:26hrs | 4 | by Tendai Ruben Mbofana
President Raisi, please tell Mnangagwa that sanctions can never cripple a country!
So, Iranian President Ebrahim Raisi is in Zimbabwe for a visit. That is good news! Well, for me, at least this is an opportunity for him to finally get it into the heads of those gover...Published: 16 Jul 2023 at 09:05hrs | 6 | by Tendai Ruben Mbofana
Chamisa's battle to topple Mnangagwa
ON 23 August 2023, Zimbabweans return to the polls to elect members of local councils, the national assembly, and a president. As a country with a hyper-presidentialist system, voting will largely be ...Published: 09 Jul 2023 at 14:28hrs | 4 | by Simukai Tinhu
If Zim economy 'growing' under sanctions, why was it not growing in the past 20 years?
So, the ruling ZANU PF regime wants to be given another term in power on the basis that it has managed to grow the economy, in spite of sanctions supposedly imposed on the country?That is perf...Published: 01 Jul 2023 at 19:52hrs | 5 | by Tendai Ruben Mbofana
'Zimbabwe public hospitals slide into dereliction'
A SURVEY by a civil society organisation, the Zimbabwe Coalition on Debt and Development (Zimcodd), has revealed the continued dilapidation of the country's health facilities, with most district hospi...Published: 22 Jun 2023 at 08:43hrs | | by Staff reporter
If ED doing great job why is he afraid to be questioned by the nation?
The world over, heads of state and government are never wary of availing themselves to the media.Even unpopular ones, as former US president Donald John Trump - who knew he would be ruthlessly...Published: 20 Jun 2023 at 11:27hrs | 6 | by Tendai Ruben Mbofana
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
Economic growth means nothing without benefiting ordinary Zimbabweans
The Zimbabwe government has, for the past three years, been banking on positive economic growth figures in trying to convince the nation that the country was developing.Indeed, under normal ci...Published: 14 Jun 2023 at 12:19hrs | 1 | by Tendai Ruben Mbofana
So Mnangagwa not the one ruling Zimbabwe!
As the crucial 23rd August 2023 inch closer, the ridiculousness and absurdity keeps getting weirder. This is especially so within the ruling ZANU PF camp - as they, as per norm, attempt to hoo...Published: 12 Jun 2023 at 16:32hrs | | by Tendai Ruben Mbofana
RBZ in bid to calm run on banks over currency fears
The Reserve Bank of Zimbabwe on Friday sought to calm a run on banks, insisting that depositors' funds were safe.Thousands of panicky Zimbabweans lined up in bank queues to withdraw their Unit...Published: 10 Jun 2023 at 17:53hrs | | by Staff reporter
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 | | by Tendai Ruben Mbofana
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 | | by Tendai Ruben Mbofana
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 | | by Tendai Ruben Mbofana
At what stage does a president concede he has failed?
If I were the president of Zimbabwe - what would I be expected to do under these circumstances?The country goes for an average 20 hours each and every day without electricity, and most urban a...Published: 28 May 2023 at 16:02hrs | | by Tendai Ruben Mbofana
If Mnangagwa had a shop how much would he sell a loaf of bread?
It is really sickening whenever I hear senior government and ruling ZANU PF party officials always choosing to fault business every time prices of basic commodities shoot up. Over this past we...Published: 15 May 2023 at 11:19hrs | 1 | by Tendai Ruben Mbofana
Iran exposes Zimbabwe's lies about sanctions crippling economy
As a Zimbabwe delegation, led by foreign affairs minister Fredrick Shava, visits Iran, and is showcased the repressive regime’s phenomenal economic and scientific breakthroughs - amidst enduring arg...Published: 08 Feb 2023 at 21:09hrs | 1 | by Tendai Ruben Mbofana
Zinara hikes Z$ toll fees
THE Zimbabwe National Road Administration (Zinara) has hiked toll fees in local currency with effect from February 1, 2023.In a statement yesterday, Zinara said the toll fees in local currency...Published: 02 Feb 2023 at 08:27hrs | | by Staff reporter
Zimdollar further depreciates US$
THE Zimbabwe dollar has continued its freefall against the greenback, with results from the Reserve Bank of Zimbabwe (RBZ)'s foreign currency auction on Tuesday showing that it is trading at $732 to t...Published: 19 Jan 2023 at 07:31hrs | | by Staff reporter
Auxillia Mnangagwa should tell her husband that sanctions can't cripple a country's economy!
As Zimbabwe First Lady Auxillia Mnangagwa visits Iran, and is showcased the Islamic Republic’s phenomenal economic and scientific breakthroughs - amidst...Published: 07 Nov 2022 at 07:34hrs | | by Tendai Ruben Mbofana
Mnangagwa's govt bans Chamisa documentary
THE Zimbabwe government has banned "President," Danish filmmaker Camilla Nielsson's Oscar-shortlisted documentary about the African nation's corrupt 2018 presidential election, Variety can exclusively...Published: 08 Aug 2022 at 23:15hrs | 2 | by Staff reporter
Your Excellency Mnangagwa, the buck stops with you
DEAR President,Your Excellency, the cost of living has been skyrocketing for quite some time now. Salaries are subjected to progressive erosion. As I see it, long before teachers in public ser...Published: 29 Jun 2022 at 07:47hrs | | by Cyprian Muketiwa Ndawana
Paranoid Zimbabwe regime that sees enemies everywhere can't be trusted with solving country's problem!
In our growing up, we were told of individuals who were always prone to accusing their enemies (whether real or imagined) for everything that went wrong in their lives.When they fell sick, in ...Published: 06 Jun 2022 at 09:27hrs | 6 | by Tendai Ruben Mbofana
If ED genuinely 'listening president' he should engage ordinary citizens in open debate, discussions, and dialogue!
Could there be anything more painful than watching other countries prospering, and their people happy - with their leaders freely engaging the citizenry in open dialogue, debate and discussion relatin...Published: 21 May 2022 at 16:15hrs | | by Tendai Ruben Mbofana
Is it just naivety or simply greed driving POLAD to believe sitting around table with corrupt power-greedy regime will yield res
A few years ago, a dear cousin of mine - who worked quite closely with the then president Robert Gabriel Mugabe, especially in the health sector (having held top positions in both government, and the ...Published: 20 May 2022 at 10:23hrs | | by Tendai Ruben Mbofana
Zimdollar in worst freefall on auction
THIS week the Zimbabwean dollar (Zimdollar) dropped by yet another noteworthy margin against the greenback, on the auction market.The Zimdollar has lost value in each of the 10 trading weeks s...Published: 25 Mar 2022 at 17:57hrs | | by Respect Gwenzi
Blanket suspension of teachers moronic
GOVERNMENT'S treatment of its workers, specifically teachers, is proof of moronic leadership that has failed to appreciate how its own destructive policies have impacted the ordinary person.Te...Published: 17 Feb 2022 at 05:40hrs | | by Evelyn Ndlovu
Mugabe was better
DEAR President Emmerson Mnangagwa.Your Excellency, sitting around waiting for electricity that had been switched off for over 18 hours can make one start entertaining unsavoury thoughts....Published: 09 Feb 2022 at 05:30hrs | 3 | by Tendai Ruben Mbofana
Mugabe was indeed better but so scary to imagine what that means for today's Zimbabwe!
Sitting around waiting for electricity that has been gone for over eighteen hours - from around midnight, and still nothing as I write this article at five in the afternoon - so as to engage in some p...Published: 04 Feb 2022 at 16:03hrs | 3 | by Tendai Ruben Mbofana
Zimbabwe regime shouldn't mortgage its workers but pay them what they're worth
A few days ago, I was interviewed by Iran's Press TV on the adverse impact of the massive brain drain affecting Zimbabwe, especially its health care professionals who had been flocking to countries as...Published: 31 Dec 2021 at 16:56hrs | 3 | by Tendai Ruben Mbofana
It is now the abused State security vs Chamisa
OPPOSITION MDC Alliance Nelson Chamisa's political wave, summarised under his rallying code #NgaapindeHakeMukoma, has left Zanu-PF mesmerised, confused and doing embarrassing things by conscripting th...Published: 08 Nov 2021 at 05:25hrs | 5 | by Isaac Mupinyuri
Bloodbath in banking sector
ZIMBABWE'S banks, under siege from prolonged market turbulences and the Covid-19 scourge, fired almost 300 workers during the seven months to July, continuing a carnage sparked by the worldwide migrat...Published: 12 Sep 2021 at 08:55hrs | 4 | by Staff reporter
Jobs bloodbath at CBZ Holdings
FINANCIAL services giant, CBZ Holdings Limited has sent dozens of workers home after completing an extensive review of its business model, the second such bold move within a few months.NewsDay...Published: 06 Sep 2021 at 05:31hrs | | by Staff reporter
National Youth Service (Zimbabwe) a disservice!
The re-establishment of the National Youth Service in Zimbabwe is uncalled for and an unnecessary disservice. It is totally against ubuntu and the rule of law. The youth militia, infamously known as t...Published: 24 Apr 2021 at 09:24hrs | | by Inhokomo Yesizwe SikaMthwakazi
Zimbabwe regime's shameless incompetence
As per my usual daily routine, I pray to Jehovah God first, then converse with my wife and get my daily dose of the morning news (both local and international).I could not help being thunderst...Published: 02 Apr 2021 at 09:15hrs | | by Tendai Ruben Mbofana
Zimbabwe regime's shameless incompetence only serves to reinforce colonial stereotypes that Africans just talk but seldom delive
As per my usual daily routine, I pray to Jehovah God as the first thing I do (and, the first Person I talk to), then converse with my wife, and then get my daily dose of the morning news (both local a...Published: 19 Mar 2021 at 09:29hrs | | by Tendai Ruben Mbofana
Pride always comes before a fall, so do egos
The country is sinking into an economic abssy because of unsettled political differences.Since President Emmerson Mnangagwa was voted into power in August 2018, the Nelson Chamisa-led MDC-Alli...Published: 15 Feb 2021 at 08:00hrs | | by Staff reporter
Not yet ready for democracy
THE road to democracy is not easy for countries that have emerged from decades of colonial systems and replaced by autocratic ones which derive their power from military as well as tribal politics....Published: 15 Feb 2021 at 07:59hrs | | by Tapiwa Gomo
How South Africa can nudge Zimbabwe toward stability
What's new? As Zimbabwe's political and economic crises worsen, South Africa is moving beyond its policy of "quiet diplomacy" with its northern neighbour and applying more pressure on Harare to open...Published: 18 Dec 2020 at 06:42hrs | | by crisisgroup
'Zimbabwe trapped between State collapse and State failure'
ZIMBABWE is trapped between State collapse and State failure because President Emmerson Mnangagwa's government has failed to provide basic amenities for its citizens, uphold civil liberties and arrest...Published: 12 Nov 2020 at 06:28hrs | 4 | by Staff reporter
When a Nguni Kingship chases his own agenda to undo other Ndebele Kings
We have been saying it for a long time that the Nguni Kings are chasing their own agenda but will want to ride at the backs of the Ndebele populations so that they get recognition by Zanu Government. ...Published: 16 Sep 2020 at 17:11hrs | | by Nomazulu Thata
Retailers reel under diminished demand
RETAIL outlets and corporates are reeling from a major reduction in sales volumes with some facing closure as a result of shrinking disposable income due to a weakened local currency and impact of the...Published: 04 Sep 2020 at 06:27hrs | | by Staff reporter
Load More Stories