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Illicit trade in foreign currency must cease
Recent action by government in which it imposed 10-year custodial sentences on illegal foreign currency dealers was overdue although more should be done to exterminate the practice completely....Published: 19 hrs ago | 1236 | by Staff reporter
A year after Mugabe, hopes for a new Zimbabwe still low
A year since a trio of army generals held former Zimbabwean President Robert Mugabe under house arrest as part of a 10-day military operation that enabled his protege, Emmerson Mnangagwa, to take powe...Published: 22 hrs ago | 917 | by Aljazeera
Knives out for Mutsvangwa
WAR veterans in Mashonaland West have recommended the recall of Zimbabwe National Liberation War Veterans' Association leader Christopher Mutsvangwa, accusing him of being selfish and disrespectful to...Published: 15 Nov 2018 at 06:06hrs | 1999 | by Staff reporter
Open letter to the president Mnangagwa
Dear ED, It is with great disappointment, broken heart and shattered dreams that I write to you as the Head of this great state Zimbabwe. Today marks a complete year since the former pre...Published: 14 Nov 2018 at 20:25hrs | 5399 | by Mberi Prince
A timeline of how Zimbabwe lost its currency
Today, November 14, marks the 21st anniversary of "Black Friday", the day the Zimbabwe dollar crashed in 1997.We track the Zimdollar's collapse from that fateful November day, and the many des...Published: 14 Nov 2018 at 15:10hrs | 2671 | by newZwire with The Source
Zimbabweans to explain deposits of more than $10,000
President Emmerson Mnangagwa has promulgated Statutory Instrument 246 of 2018, Presidential Powers (Temporary Measures) Amendment of Money Laundering & Proceeds of Crime Act & Exchange Control...Published: 14 Nov 2018 at 12:54hrs | 12427 | by Ndou Paul
Mnangagwa's govt and Zimbabwe banks should carry own cross
If there is anything that we could learn from the global economic crisis of 2008, it is that excessive risk-taking, manipulation and poor hedging often result in huge enterprise and economic losses. T...Published: 14 Nov 2018 at 09:39hrs | 2394 | by Equity Axis
17th November 2017, One year on - Was it a second coup?
For Zimbabwe to achieve stability, there was to be a return to constitutionality. Sanity had escaped the political landscape. The operation restore legacy was not be complete without order and a...Published: 14 Nov 2018 at 06:55hrs | 779 | by Dr Masimba Mavaza
MP charged with insulting Mnangagwa, release on $200 bail
BINGA South legislator Gabbuza Joel Gabuza (MDC Alliance) has appeared before a Hwange magistrate charged with undermining the authority of, or insulting, President Emmerson Mnangagwa after he alleged...Published: 14 Nov 2018 at 05:58hrs | 150 | by Staff reporter
Detectives arrested with 4 tonnes of fertiliser
TWO police officers stationed at Binga Criminal Investigations Department were recently arrested at Cross Dete in Matabeleland North after they were found in possession of nearly four tonnes of fertil...Published: 14 Nov 2018 at 05:54hrs | 1272 | by Staff reporter
Building value chains, skills for Vision 2030
Zimbabwe aspires to be an upper middle-income economy with a per capita income of US$3 500 by 2030. This requires fundamental transformations and shifts in the economy. Our Transitional Stabil...Published: 14 Nov 2018 at 05:35hrs | 151 | by Emerson D. Mnangagwa
Zimbabwe inflation hits the 20.8% mark, RBZ targets 7%
Zimbabwe's annual inflation rose sharply to a record 20.8 percent in October after it gained 15.46 percentage points from the September rate of 5.39 percent. The Consumer Price Index (CPI) for...Published: 13 Nov 2018 at 16:03hrs | 1492 | by Staff reporter
Chamisa's MP arrested for calling Mnangagwa a dog
POLICE have arrested MDC Alliance national executive member Joel Gabhuza who is also Member of Parliament for Binga South.The legislator was arrested for calling President Emmerson Mnangagwa a...Published: 13 Nov 2018 at 07:32hrs | 2735 | by Staff reporter
Mnangagwa tightens noose on cash barons
CASH barons who have been accused of fuelling parallel market currency rates and a raft of other economic ills will now face up to two years in prison if they fail to explain the source of their wealt...Published: 13 Nov 2018 at 06:15hrs | 4182 | by Staff reporter
'Allow community to benefit from diamonds'
MANICALAND Provincial Affairs minister Ellen Gwaradzimba has alleged looting of diamonds by previous miners at Chiadzwa diamond fields and challenged the Zimbabwe Consolidated Diamond Company (ZCDC), ...Published: 13 Nov 2018 at 06:05hrs | 169 | by Staff reporter
Acie Lumumba turns ZACC informer?
Embattled Whistleblower William Mutumanje (Acie Lumumba) is reportedly working with the Zimbabwe Anti-Corruption Commission (ZACC) investigators in closing the net on suspected criminals a...Published: 13 Nov 2018 at 06:04hrs | 2001 | by Mandla Ndlovu
Miners to retain 55% export earnings
THE Reserve Bank of Zimbabwe (RBZ) has agreed to increase large scale miners' retention of foreign currency from mineral exports to 55 percent to allow them to cover production costs. Recently...Published: 13 Nov 2018 at 05:52hrs | 322 | by Staff reporter
Beer price back to normal
Beer price which had more than doubled over the past weeks has normalised, while charges for other beverages have also significantly come down.A pint of beer had shot up to $5 owing to panic b...Published: 12 Nov 2018 at 18:19hrs | 5304 | by Staff reporter
Supply, price of commodities normalise
Interventions by the government to normalise the supply of goods especially fuel and basic commodities are bearing fruit as fuel queues have disappeared with supermarkets shelves filled to the brim an...Published: 12 Nov 2018 at 18:17hrs | 5379 | by Staff reporter
Zimbabwe economic pain not being shared
Finance minister Mthuli Ncube's recent confirmation that government will soon buy vehicles for parliamentarians exposes government's insincerity in tackling its ballooning budget deficit.It al...Published: 12 Nov 2018 at 10:51hrs | 3532 | by Staff reporter
Zimbabwe's economic recovery is possible but whilst the country remains a pariah state, it is IMPOSSIBLE!
"AfDB President, Akinwumi Adesina, told journalists in Johannesburg this week that while Zimbabwe is making progress, its economy and relations with lenders are still a way from being repaired," repor...Published: 12 Nov 2018 at 06:46hrs | 1178 | by Nomusa Garikai
Panic as Mnangagwa targets cash barons' bank accounts
BOGUS businesspersons operating briefcase companies that fed on government tender manipulation and kickbacks to amass wealth are reportedly in panic mode after the State said it would use the Zimbabwe...Published: 12 Nov 2018 at 05:48hrs | 8580 | by Staff reporter
Chitando cornered over Hwange Colliery
Members of the Mines Parliamentary Portfolio Committee on Monday threatened not to pass the Mines ministry budget if Mines minister Winston Chitando continued to ignore previous recommendations to do ...Published: 12 Nov 2018 at 05:40hrs | 791 | by Staff reporter
Inflation likely to stabilise, says Mangudya
Reserve Bank of Zimbabwe (RBZ) governor John Mangudya says inflation is likely to stabilise around 7% in the medium term.Giving his presentation during the pre-budget seminar in Bulawayo last ...Published: 12 Nov 2018 at 05:33hrs | 824 | by Staff reporter
Enough fuel for festive season, says Minister
ENERGY and Power Development Minister Dr Joram Gumbo has assured the nation of enough fuel supplies during the forthcoming festive season. In an interview on the sidelines of the just ended 20...Published: 12 Nov 2018 at 05:28hrs | 181 | by Staff reporter
Chamisa needs better advisers
I always say politics is not for short-term schemers and this is proving true indeed. At a time the majority of Zimbabweans are having their brains full to find ways on how the economy can be mended, ...Published: 12 Nov 2018 at 05:23hrs | 712 | by Ranson Madzamba
7 robbers arrested, 5 others on the run
The Zimbabwe Republic Police has arrested seven suspected armed robbers who were targeting farms, service stations and business premises in Mashonaland Central Province. Five others are still ...Published: 12 Nov 2018 at 05:20hrs | 556 | by Staff reporter
'You all miss Mugabe after your-PFee'
My People,I perfectly understand the fact that all of you are feeling guilty about your premature celebrations following the military ouster of Gushungo around this time last year.In f...Published: 11 Nov 2018 at 13:36hrs | 3071 | by Dr Stop It
Mnangagwa allies in nasty fight
The fight between President Emmerson Mnangagwa's allies Kudakwashe Tagwirei and Justice Mayor Wadyajena got nasty last week after the business mogul accused the youthful Zanu-PF legislator of being an...Published: 11 Nov 2018 at 12:14hrs | 2021 | by Staff reporter
Mthuli Ncube tax evokes memories of 2008 crisis in Zimbabwe
When Zimbabwean President Emmerson Mnangagwa appointed a comparatively youthful, Cambridge-trained economist as finance minister in September, he gave him an almost impossible task: repay billions of ...Published: 11 Nov 2018 at 10:25hrs | 1122 | by Bloomberg
Zanu-PF regalia a disgrace, party youths tell Matutu
Few weeks after President Emmerson Mnangagwa addressed a politburo meeting and ordered Zanu-PF bigwigs stationed at Shake-Shake building to always put on party regalia, national vice youth chairperson...Published: 11 Nov 2018 at 10:12hrs | 3150 | by Staff reporter
Economic Dialogue: Building value chains, skills for Vision 2030
Zimbabwe aspires to be an upper middle-income economy with a per capita income of US$3 500 by 2030.This requires fundamental transformations and shifts in the economy. Our Transitional Stabili...Published: 11 Nov 2018 at 09:29hrs | 63 | by HE Emmerson D Mnangagwa
Zimbabwe surpasses power target in Q3
The Zimbabwe Power Company (ZPC) says power generation in the third quarter of the year remained stable, with 2 521,27 Giga Watts hour (GWh) being sent out.ZPC surpassed its production target ...Published: 11 Nov 2018 at 09:21hrs | 144 | by Staff reporter
Is Zanu PF acting and delivering ???
The victory of ZANU PF is not only to benefit ZANU PF but it benefits the nation. ZANU PF is expected to be coming up with solutions and stop the rot in our economy. The government which was for...Published: 10 Nov 2018 at 11:19hrs | 685 | by Dr Masimba Mavaza
'MDC want to unseat elected ED' - who elected him, even ZEC failed to verify its own result
President Mnangagwa rigged the 30 July 2018 elections cocksure his "Zimbabwe is open for business!" clarion call would deliver economic recover. Sadly, that has no happened, the flood of investors has...Published: 09 Nov 2018 at 19:43hrs | 4373 | by Nomusa Garikai
Who's who in Zimbabwe’s cutthroat fuel sector
SIX major oil-importing entities, including the Indigenous Petroleum Association of Zimbabwe (Ipaz), Zuva Petroleum, Puma Energy, Total Zimbabwe, Petrotrade (Pvt) Ltd and Engen Petroleum Zimbawe, are...Published: 09 Nov 2018 at 18:06hrs | 5882 | by Staff reporter
Mangudya lost his cool under pressure from legislators
RESERVE Bank of Zimbabwe (RBZ) governor John Mangudya - who is usually calm and patient - yesterday lost his cool under pressure from legislators at a pre-budget seminar in Bulawayo who took him to ta...Published: 09 Nov 2018 at 16:41hrs | 5055 | by Staff reporter
RBZ boss refuses to scrap bond notes
RESERVE Bank of Zimbabwe (RBZ) Governor Dr John Mangudya yesterday defended the use of bond notes saying the real cause of problems facing the economy was not the surrogate currency but ballooning ele...Published: 09 Nov 2018 at 05:02hrs | 5751 | by Staff reporter
Banks fear hyperinflation return in plea for Zimbabwe reforms
Zimbabwean banks urged the government to introduce wide-ranging reforms amid signs the country is facing an economic crisis reminiscent of a hyper-inflationary spiral a decade ago.Finance Mini...Published: 08 Nov 2018 at 19:13hrs | 4040 | by Bloomberg
Zacc chickens out of investigating Mangudya, Tagwirei
Despite the sensational accusations by flip-flopping activist Gerald Mutumanje - also known as Acie Lumumba - that seemed to suggest some wrongdoing on the part of businessman Kudakwashe Tagwirei and ...Published: 08 Nov 2018 at 13:48hrs | 5695 | by Staff reporter
PHOTO: Truck accident gives away possible case of fuel smuggling
There was congestion during the morning rush hour yesterday as motorists who use Seke Road sought alternative routes into Harare central business district after this vehicle overturned and lay on its ...Published: 08 Nov 2018 at 10:41hrs | 5707 | by Nicholas Bakili
Fuel dealer arrested
A SUSPECTED black market fuel dealer who turned violent upon being arrested by police officers while trying to pump hundreds of litres of diesel into a dilapidated, engineless truck at a filling stati...Published: 08 Nov 2018 at 07:01hrs | 5997 | by Staff reporter
Workers bemoan rot at Hwange Colliery
HWANGE Colliery Company workers have claimed management deliberately failed to repair conveyor belts to transport coal in order to promote private transport operators with whom they have links....Published: 08 Nov 2018 at 05:40hrs | 662 | by Staff reporter
Lumumba suggests he bedded Mliswa's daughter in exchange for money
Political rabble-rouser William Gerald Mutumanje and Norton MP Temba Mliswa squared off on Twitter in a nasty spat on Wednesday.Mutumanje, who also calls himself Acie Lumumba, dragged Mliswa's...Published: 07 Nov 2018 at 17:26hrs | 18474 | by Staff reporter
One year after Zimbabwe soft coup
When Zimbabwe's army took power in a bloodless coup exactly one year ago, it promised to bring happiness back by ending social and economic suffering.The military said the coup was needed to "...Published: 07 Nov 2018 at 15:03hrs | 2119 | by Tendai Kamhungira
Zimbabwe fuel supplies back to normal
Petrol supplies have returned to normalcy at most service stations, while diesel is still in short supply.Zimbabwe was rocked by fuel shortages soon after Finance minister Mthuli Ncube announc...Published: 07 Nov 2018 at 11:03hrs | 2314 | by Staff reporter
'I am taking Zimbabwe to Canaan,' said ED - rigged elections and dragged us into hell-on-earth
"PRESIDENT Emmerson Mnangagwa has rewarded one of the biggest indigenous churches, the Zion Christian Church (ZCC), with a tractor and other agricultural inputs for overwhelmingly voting for him and h...Published: 07 Nov 2018 at 07:14hrs | 4875 | by Patrick Guramatunhu
Neither a fly nor queen bee can land on Temba Mliswa's mouth
The attack of a defenseless prisoner Munyaradzi Kereke by Hon. Temba Mliswa for allegedly impregnating his wife (while in prison) is not only illegal/unethical but foolish/evil. Temba has proved himse...Published: 07 Nov 2018 at 07:07hrs | 3379 | by Don Chigumba
Let's make Zimbabwe great again
There is a general expectation of rapid economic growth in Zimbabwe, driven by massive infrastructural growth, given the new political dispensation.However, there is an adversary at work, the ...Published: 07 Nov 2018 at 06:22hrs | 607 | by Tororiro Isaac Chaza
Mnangagwa puts Mutsvangwa to the sword
Deputy Chief Secretary to the President and Cabinet responsible for presidential communications George Charamba (GC) says President Emmerson Mnangagwa's former special advisor, Chris Mutsvangwa, shoul...Published: 06 Nov 2018 at 18:38hrs | 15698 | by Staff reporter
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