Search / Gdp
Ramaphosa demands lifting of sanction - crying shame, one so powerful is hopelessly wrong
Zimbabwe is in serious economic and political mess and there are many who have taken to shouting "Don't panic! Don't panic!" only to help spread the panic!"Ideally, the key thing is to establi...Published: 7 hrs ago | 737 | by Patrick Guramatunhu
One year after 'Asante Sana', coup sounds still rumbling
One Tuesday, November 14 2017, military elites took control of all security arms of government and moved tanks into Harare's central business district to take control of government. Four hundred and f...Published: 19 Nov 2018 at 06:14hrs | 1895 | by Pearl Matibe
Eddie Cross gives economy thumbs up, scoffs at doomsayers
The country's economy is on a sound footing due to Government policy initiatives that have seen growth in the GDP and exports among other indicators, former MDC-T policy advisor Mr Eddie Cross has sai...Published: 19 Nov 2018 at 05:52hrs | 1862 | by Staff reporter
Lift sanctions, Zimbabwe has change enough 'to scold ED' - but not to stop him rigging elections
Zimbabwe is in serious economic and political trouble and there many reasons why this is so. One of these many reasons; the country is cursed with an unusually large army of corrupt and incompetent vi...Published: 17 Nov 2018 at 12:34hrs | 1165 | by Patrick Guramatunhu
Zimbabwe should start embracing agrobusiness as priority of turning around the economy
Agriculture have to be in the centre stage in plans for the revival of Zimbabwe's ailing economy. Getting agriculture moving in Zimbabwe is a big task. The radical land reform of 2000 has left many ou...Published: 15 Nov 2018 at 14:02hrs | 854 | by Enos Denhere
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 | 3140 | by newZwire with The Source
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 | 2464 | by Equity Axis
Japan supports Zimbabwe in cybercrime fight
Japan is set to extend grant aid of $3,6 million (390 million yen) to Zimbabwe for the provision of cyber security equipment. The equipment will be used by the Zimbabwe Republic Police in conj...Published: 13 Nov 2018 at 05:45hrs | 142 | by Staff reporter
Mnangagwa's govt unveils parastatal reform strategy
Government has rolled out detailed plans for the restructuring of State-owned Enterprises (SOEs), with 41 entities lined-up for privatisation, departmentalisation and listing on the Zimbabwe Stock Exc...Published: 13 Nov 2018 at 05:42hrs | 685 | by Staff reporter
'2019 budget deficit will be 4% of GDP'
FINANCE minister Mthuli Ncube has indicated that the 2019 national budget would reduce budget deficit to 4% of gross domestic product (GDP) in 2019, and subsequently to 2,4% in the following year....Published: 10 Nov 2018 at 11:04hrs | 1477 | by Staff reporter
Zimbabwe to cut farm sizes
THE government has started a land audit to cut farm sizes, flush out multiple farm owners and correct some of the mistakes from its chaotic land reform programme.The effort is an attempt by th...Published: 08 Nov 2018 at 19:11hrs | 4008 | by Business Live
Zimbabwe must set a clear development agenda
First and foremost, Zim is poised with toxic politics. We must deal with our politics first before we table economic matters. , it is important to admit that we have a crisis so that whoever comes on ...Published: 07 Nov 2018 at 16:27hrs | 507 | by Tinashe Eric Muzamhindo
South Africa stops issuing general work visas?
Ahead of the implementation of new immigration laws and the release of a severely shortened critical skills list, South Africa's Home Affairs Department appears to be pre-emptively clamping down on im...Published: 06 Nov 2018 at 21:11hrs | 6596 | by Staff reporter
Mnangagwa contradicts Mthuli Ncube on farmer subsidies
Government will continue to subsidise farmers to ensure both national food security and sufficient feedstocks for local industries, which get 60 percent of their raw materials from the sector, Preside...Published: 04 Nov 2018 at 08:38hrs | 513 | by Staff reporter
Zimbabwe parliament should ratify continental free trade pact
On March 21 this year, President Emmerson Mnangagwa was one of the Heads of State and government who signed the African Continental Free Trade (AfCFTA).The protocol has now been signed by 49 o...Published: 02 Nov 2018 at 06:03hrs | 98 | by John Makamure
Citizen Cabinet Ministers Unveiled
An Alteernative 16 member Cabinet was launched in the Capital Harare today. The Citizens Cabinet as it is called will play the primary role to shadow critic and offer alternative policy solutions to t...Published: 31 Oct 2018 at 15:33hrs | 3670 | by Mandla Ndlovu
Zimbabwe govt wage bill to hit $3,7bn after salary hikes
GOVERNMENT'S wage bill is seen growing by 16% this year to $3,7 billion, rising to $3,9 billion next year and pushing the budget deficit to nearly 14% of the gross domestic product (GDP), government p...Published: 31 Oct 2018 at 05:26hrs | 2020 | by Staff reporter
Origins of the Zimbabwe crisis
This article was first published by hsf.org.za.Zimbabwe is experiencing a cumulative breakdown. Living standards, life expectancy and production have plummeted while political oppression h...Published: 27 Oct 2018 at 09:11hrs | 5823 | by Teddy Brett and Simon Winter
Shun all forms of graft, says Mnangagwa
PRESIDENT Emmerson Mnangagwa has urged university graduates to shun all forms of corruption and thrive to spearhead eradication of graft in the building of the Second Republic. In an acceptanc...Published: 27 Oct 2018 at 08:30hrs | 92 | by Staff reporter
Zimbabwe's economic woes self-inflicted
THE Zimbabwean economy is bedeviled with self-inflicted woes.However, the economic tribulations largely emanate from government portfolios and their episodic fiscal blunders.The fiscal...Published: 26 Oct 2018 at 08:43hrs | 797 | by Paddington Masamha
Zimbabwe govt budget deficit to rise to $2,3 billion
GOVERNMENT's budget deficit - which scaled about US$1,4 billion by June - is seen ballooning to US$2,3 billion this year, more than three times the projected figure as authorities fail to rein in spir...Published: 26 Oct 2018 at 08:24hrs | 439 | by Staff reporter
Best advice on how to deal with current Zimbabwe economic crisis
Patience pays for our situation. What has contributed much to our current situation is that Zimbabwe pressed the panic button after contested elections. We need to move on and deal with what is curren...Published: 26 Oct 2018 at 07:15hrs | 1560 | by Tinashe Eric Muzamhindo
Mthuli Ncube proposes belt tightening measures
TREASURY has proposed to drastically reduce the Budget deficit in 2019 through interventions such as limiting Government borrowing from the central bank, tightening of Treasury Bills issuances and cut...Published: 26 Oct 2018 at 06:43hrs | 2136 | by Staff reporter
Tendai Biti always has something to say
The Daily News on Sunday's Pauline Hurungudo sits down for a wide-ranging interview with former Finance minister Tendai Biti, who is also the deputy national chairperson for the MDC, about the state o...Published: 21 Oct 2018 at 14:19hrs | 1399 | by Staff reporter
Going big on a wrong idea
While we can only commend the government for looking to leverage technology in order to grow its tax revenue via formalisation, the reasoning and application is massively flawed.For a policy t...Published: 21 Oct 2018 at 09:56hrs | 435 | by Kelvin Moyo
Devolution to fight 'marginalisation'
"When we finish the July 30 elections, when we win, the Second Republic will come into place. Under the Second Republic, each province will have its own economic planning programming from ward, to dis...Published: 21 Oct 2018 at 09:38hrs | 153 | by Vusumuzi Dube
IMF's discredited economic template will cripple Zimbabwe
NEW Finance minister Mthuli Ncube and the government, in general, have swallowed the myths of foreign aid, investment and the International Monetary Fund (IMF) as solutions to Zimbabwe's economic prob...Published: 19 Oct 2018 at 08:43hrs | 1189 | by David Barber and Tendai R Mbofana
Change of currency not ideal to revive Zimbabwe economy
THE country's economic crisis has deepened since the recent fiscal and monetary measures announced by Finance minister Mthuli Ncube and Reserve Bank governor John Mangudya. The economy has plu...Published: 19 Oct 2018 at 08:41hrs | 1852 | by Staff reporter
Supporting Zimbabwe's devolution plans with devolved blockchain
The aim of devolution that the government of Zimbabwe plans to implement is to arrest economic decline and set the country on a path to sustained recovery and growth while Zimbabwe remains a unitary s...Published: 18 Oct 2018 at 09:43hrs | 1355 | by Donald Mudenge
It's Mthuli Ncube's electronic transfer tax, stupid
Sometimes one can be an excellent macroeconomist and a very bad public finance expert at the same time. I think this is the case with new Finance minister Mthuli Ncube.One such bad idea is the...Published: 18 Oct 2018 at 07:01hrs | 2648 | by Tendai Kamba
We told you so!
SOMETIMES it's nice to be right, that does not often happen, but in this case I am sorry that those of us who had said we are headed for trouble, were right.I am referring to the first stateme...Published: 18 Oct 2018 at 06:59hrs | 1373 | by Eddie Cross
Zimbabwe considers debt cancellation
Zimbabwe is considering a request to have its debt with the multilateral lenders, World Bank and International Monetary Fund to be cancelled in order to reduce burden on the country's fragile economy....Published: 17 Oct 2018 at 14:07hrs | 5986 | by Staff Reporter
Agricultural productivity a panacea to Zimbabwe's economic revival
Zimbabwe's economy is hinged on agriculture which feeds a number of downstream industries that process agricultural produce into various foods for both humans and livestock. The revival of this sector...Published: 16 Oct 2018 at 15:15hrs | 628 | by Elijah Chihota
Foreign investment and the IMF will cripple Zimbabweans
Our government and the new Finance Minister have swallowed the myths of foreign aid, investment and the IMF as solutions to Zimbabwe's economic problems. And, unless these are exposed, Zimbabwean citi...Published: 16 Oct 2018 at 12:48hrs | 2368 | by David Barber and Tendai Ruben Mbofana
Biti accuses Mthuli Ncube of failing to grasp elementary economics
FINANCE minister Mthuli Ncube is actively seeking to have the Zimbabwe foreign debt forgiven under the Highly Indebted Poor Countries (HIPC) programme by the International Monetary Fund (IMF), a move ...Published: 16 Oct 2018 at 06:35hrs | 6174 | by Staff reporter
Mthuli Ncube says Zimbabwe economy will stabilise, price shocks are transitory
Finance and Economic Development Minister Professor Mthuli Ncube has said the price shocks that were recently experienced by the market are temporary as the economy adjusts to the new policies, which ...Published: 14 Oct 2018 at 08:12hrs | 5231 | by Staff Reporter
Zimbabwean economy reflects state of governance
IN 2015, I argued that the economy was Zanu-PF's most virulent opposition.The 2016 introduction of bond notes pegged to the US dollar saw the emergence of a parallel market for foreign exchang...Published: 12 Oct 2018 at 13:47hrs | 3208 | by Brian Kagoro
'Zimbabwe economy to undergo painful epoch'
Government is putting in place a cocktail of stern measures that will ensure its public accounts will be streamlined within its means while the public has to brace for sterner times as the panacea to ...Published: 12 Oct 2018 at 06:45hrs | 1173 | by Staff reporter
Dissecting the recent Monetary Policy Statement
Summary - The central bank policies on safeguarding financial stability through monitoring and increasing capital adequacy...Published: 11 Oct 2018 at 13:08hrs | 1946 | by Dr. Tutsirai Sakutukwa & Dr. Marshall Makate
Privatisation deadline for parastatals
Government has given under-performing State-owned enterprises (SOEs) and parastatals it has earmarked for disposal - among them NetOne, TelOne and People's Own Savings Bank (POSB) - between six and ni...Published: 09 Oct 2018 at 06:40hrs | 469 | by Staff reporter
Zimbabwe rebases economic data
The Zimbabwe Statistical Agency has rebased some of its economic statistics, in an unexpected move that finance minister Mthuli Ncube said on Friday had increased the nominal size of the struggling ec...Published: 07 Oct 2018 at 08:47hrs | 286 | by Staff reporter
Fiscal crisis, the role of Parliament
The past two weeks witnessed key policy pronouncements by President Emmerson Mnangagwa's administration that Members of Parliament must unpack and debate extensively in order to give impetus to the qu...Published: 06 Oct 2018 at 09:08hrs | 279 | by John Makamure
Zimbabwe could draw valuable lessons from Singapore in the former's quest for economic growth
SINGAPORE and Rwanda are exciting countries that may easily serve as case studies for other countries seeking a rapid reduction in their poverty levels. For the purposes of this article I will allow t...Published: 05 Oct 2018 at 19:17hrs | 1599 | by Prosper Munyedza
Zimbabwe's economy '4.7% larger'
Zimbabwe's economy is now 40% larger after their statistics agency rebased key data.The Zimbabwe Mail quoted Finance Minister Mthuli Ncube as saying, “Our economy is bigger than we thin...Published: 05 Oct 2018 at 17:32hrs | 1209 | by BBC
16 State enterprises to be privatised
The government is undertaking a raft of State enterprise reforms under which 16 entities will be privatised, 13 parastatals merged while two others will be liquidated, State Enterprises Restructuring ...Published: 03 Oct 2018 at 15:22hrs | 2678 | by Staff reporter
Zec in e-voting tender storm
THE Zimbabwe Electoral Commission is in the eye of a storm for allegedly courting an Estonian company to roll out an electronic voting system, which it plans to use in 2023 to allow Zimbabweans in the...Published: 03 Oct 2018 at 07:34hrs | 1557 | by Staff reporter
Mnangagwa must just bite the bullet
As Zimbabwe's economy continues to come apart at the seams, experts say it is time for President Emmerson Mnangagwa and his dithering lieutenants to bite the bullet and make the requisite changes need...Published: 02 Oct 2018 at 15:37hrs | 1447 | by Staff reporter
Case for return of Zimdollar
In year 2014, I wrote an article explaining why the government should bring back our own local currency, and I was bashed by all and sundry. I am expecting the same reaction in response to this articl...Published: 02 Oct 2018 at 09:48hrs | 1534 | by Ayanda Nyanga
Zimbabwe economy to grow 6.3%
FINANCE and Economic Development Minister Professor Mthuli Ncube yesterday said the economy will grow by 6,3 percent this year as signs of recovery continue to show, albeit at a slow pace. Prof Ncube ...Published: 02 Oct 2018 at 09:36hrs | 339 | by Staff reporter
Govt debt to hit $20 billion by year-end
THE Parliament Budget Office (PBO) expects Zimbabwe's sovereign debt to grow by 8,69% to a record high of $20 billion by year-end, stoked by continuous public borrowings to finance persistent budget d...Published: 01 Oct 2018 at 07:02hrs | 461 | by Staff reporter
Load More Stories
