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Road infrastructure decay needs policy change
The pace of Zimbabwe's road infrastructure decay has reached alarming levels which call for a policy change by the government. The country's major highways and urban roads have become a living hazard ...Published: 16 Feb 2021 at 14:34hrs | 736 | by Victor Bhoroma
Mnangagwa says vaccine roll-out plan complete
GOVERNMENT has completed the Covid-19 roll-out and vaccination framework while resources for the procurement of the drugs have been set aside, President Mnangagwa has said. In his opening rema...Published: 13 Feb 2021 at 07:28hrs | 154 | by Staff reporter
Zanu-PF to flush out land barons
PRESIDENT Mnangagwa's Vision to ensure Zimbabwe becomes an upper-middle class economy by 2030 will be achieved and the governing party Zanu-PF should remove impediments, including land barons, that st...Published: 09 Feb 2021 at 06:36hrs | 369 | by Staff reporter
Land barons, councils forced to compensate homeseekers
LAND barons and councils that duped desperate home-seekers to settle and develop on illegal land will not only have their day in court but will also be forced by the Government to compensate their vic...Published: 06 Feb 2021 at 06:58hrs | 301 | by Staff reporter
Mthuli Ncube sticks to 7,4% growth
GOVERNMENT remains bullish about a positive economic performance in 2021 where it has projected a 7,4% gross domestic product (GDP) growth despite the negative effects of the Covid-19 pandemic, accord...Published: 05 Feb 2021 at 06:49hrs | 579 | by Staff reporter
Africa's free trade area opens for business
Trading under the continental free trade agreement started on 1st Jan. African countries opened their markets on 1st January under the continental free...Published: 03 Feb 2021 at 08:37hrs | 937 | by Franck Kuwonu
Zimra targets $387,4bn in 2021
THE Zimbabwe Revenue Authority (ZIMRA) will continue meeting collection targets this year ensuring Government can finance expenditure, after it surpassed the 2020 target by over six percent. I...Published: 01 Feb 2021 at 05:32hrs | 158 | by Staff reporter
AfCFTA will launch Africa forward post Covid-19
THE African Continental Free Trade Area (AfCFTA) was established in 2018 with the aim to create a single market for goods and services, facilitated by movement of persons to deepen the economic integr...Published: 31 Jan 2021 at 10:03hrs | 67 | by Admire Maparadza Dube
Masvingo greenbelt project gathers pace
MASVINGO Province is poised to become the breadbasket of the country as the masterplan to set in motion a greenbelt of more than 100 000 hectares of irrigable land gathers pace following abundant wate...Published: 31 Jan 2021 at 06:55hrs | 379 | by Staff reporter
Conversations must go beyond the forex auction and focus on production
Driving through Zimbabwe's once vibrant industrial hubs in Belmont (Bulawayo), Paulington (Mutare), Southerton, Graniteside, Working, Msasa (all in Harare), and elsewhere, one gets the sense that the ...Published: 28 Jan 2021 at 22:06hrs | 601 | by Andrew Lampard
Conversations must go beyond the forex auction and focus on production
Driving through Zimbabwe's once vibrant industrial hubs in Belmont (Bulawayo), Paulington (Mutare), Southerton, Graniteside, Working, Msasa (all in Harare), and elsewhere, one gets the sense that the ...Published: 28 Jan 2021 at 16:57hrs | 419 | by Andrew Lampard
Mnangagwa pleads with business
President Emmerson Mnangagwa this week extended the begging bowl to the private sector to fund the importation of coronavirus vaccines amid a rise in new infections of the virus with deaths breaching ...Published: 28 Jan 2021 at 06:54hrs | 5543 | by Staff reporter
Mthuli Ncube hails outgoing Zimra boss
Zimbabwe Revenue Authority (Zimra) Commissioner-General Ms Faith Mazani's three-year tenure at the helm of the organisation has left a positive impact on the tax collector and the country as a whole, ...Published: 25 Jan 2021 at 06:22hrs | 813 | by Staff reporter
No respite for Zimbabwe under Biden
The United States of America, believed by many to be the sole superpower post-Cold War, has arguably the most staggering defence budget ever known to humanity. Post the cataclysmic attacks of ...Published: 22 Jan 2021 at 06:43hrs | 2060 | by Sapien Sapien
'Zimbabwe printing $1 billion weekly to buy gold'
FORMER legislator and Monetary Policy Committee member Eddie Cross has made sensational claims that the Reserve Bank of Zimbabwe (RBZ) was printing $1 billion weekly mainly to buy gold.At the ...Published: 21 Jan 2021 at 06:46hrs | 3196 | by Staff reporter
Donald Trump engages in jecha/ sand tactics on the U.S. economy
Democratic political consultant James Carville once said that if he were reincarnated, he'd want to come back as the bond market because "you can intimidate everybody." Donald Trump is not intimidated...Published: 17 Jan 2021 at 20:08hrs | 1447 | by Steve Chapman
Zimbabwe: 'The Second Republic'; Land history; Ownership and Productivity in the Post Mugabe era
The Author is a Master of Science in International Trade and Diplomacy student at the University of Zimbabwe. He holds a MSc degree in Development Studies (National University of Science and Technolog...Published: 14 Jan 2021 at 21:34hrs | 949 | by Livingstone Kazizi
Zimbabwe's agriculture seen recovering despite challenges
ZIMBABWE should enjoy a decent harvest for all crops in the current season due to good rains that have been consistent in the past few weeks, farmers' organisations say.A good harvest for grai...Published: 14 Jan 2021 at 11:48hrs | 376 | by Staff reporter
Zimbabwe: 'The Second Republic'; Land history; Ownership and Productivity in the Post Mugabe Era
The Author is a Master of Science in International Trade and Diplomacy student at the University of Zimbabwe. He holds a MSc degree in Development Studies (National University of Science and Technolog...Published: 13 Jan 2021 at 12:32hrs | 916 | by Livingstone Kazizi
Zimbabwe's economic outlook for 2021
Zimbabwe's economy ended the year 2020 on a fairly stable note due to the return of the multi-currency regime and decline in general inflation levels in the market. Headwinds caused by incessant power...Published: 08 Jan 2021 at 21:02hrs | 1265 | by Victor Bhoroma
Zimbabwe govt says to re-engage new US admin
FINANCE minister Mthuli Ncube has said he does not expect any change to the United States policy on Zimbabwe despite the change of administration in that country when President-elect Joe Biden is inau...Published: 08 Jan 2021 at 07:49hrs | 1134 | by Staff reporter
'Zimbabwe economy to grow by 2.9%'
ZiMBABWE'S economy is expected to register a modest 2,9% growth this year from a negative dip recorded last year, according to the World Bank's Global Economic Prospects report released this week....Published: 08 Jan 2021 at 07:45hrs | 244 | by Staff reporter
Lockdown discord costs business
A serious policy discord in government and police is negatively impacting business as businesses are struggling to access exemption documents while workers are blocked from reporting for duty or delay...Published: 08 Jan 2021 at 07:44hrs | 347 | by Staff reporter
Afro-Sino economic relations in the 21st Century: Mixed Reactions and Misinterpretations
The Author is a Master of Science in International Trade and Diplomacy student at the University of Zimbabwe. He holds a MSc degree in Development Studies (National U...Published: 04 Jan 2021 at 19:21hrs | 346 | by Livingstone Kazizi
SA's budget deficit worsens under Ramaphosa
By the end of November, South Africa's main budget balance had a deficit not far under R440 billion, new figures published on Wednesday show – an increase of 77% over the year-to-date deficit at the...Published: 30 Dec 2020 at 17:10hrs | 657 | by Staff reporter
Batoka Dam size reduced to save Victoria Falls
Authorities involved in the construction of the 2 400MW Batoka Gorge Hydro-electric Scheme have agreed to reduce the dam size to salvage tourism activities around the world-famous Victoria Falls....Published: 29 Dec 2020 at 17:53hrs | 2804 | by Staff reporter
Lessons Learnt from WaMagaisa's Farm Mechanisation Expose'
The COVID-19 pandemic has disrupted peoples' lives in an unimaginable way, unless you are Bill Gates who anticipated the scourge. This disruption has forced organisations and governments across the gl...Published: 18 Dec 2020 at 11:11hrs | 1330 | by Edzai Zvobwo
Zimbabwe Diaspora inflows set for record levels
Zimbabwe's Diaspora remittances are this year expected to close at record levels of US$940 million, despite economic disruptions caused by the Covid-19 pandemic. Estimates from the Reserve Ban...Published: 17 Dec 2020 at 06:47hrs | 236 | by Staff reporter
2021 National Budget: The Good & the Bad
Zimbabwe's 2021 national budget set a taxing agenda with a 126% jump in budgeted revenues from ZW$173 billion (About US$2.12 billion) anticipated in 2020 to ZW$391.8 billion (US$4.8 billion) budgeted ...Published: 14 Dec 2020 at 13:54hrs | 389 | by Victor Bhoroma
MPs slate Mthuli Ncube's national budget
PARLIAMENT has poked holes into Finance minister Mthuli Ncube's 2021 budget allocation for the Primary and Secondary Education ministry after he allocated $55 billion towards education, 73% of which w...Published: 14 Dec 2020 at 07:14hrs | 425 | by Staff reporter
Reforming to rebuild Zimbabwe: A time for growth - Mthuli Ncube
With the recent announcements of vaccines to the Covid-19 pandemic, the world is staring through their dark tunnel to get a glimpse of the light....Published: 13 Dec 2020 at 05:55hrs | 898 | by Prof Mthuli Ncube
Foreign banks shut out debt-ridden state firms
SEVERAL foreign banks have spurned requests by Zimbabwe's broke state firms to borrow millions of dollars to pay off more debts and bankroll critical infrastructure development projects, businessdiges...Published: 11 Dec 2020 at 18:59hrs | 409 | by Staff reporter
Parly gets the very short end of stick
FINANCE and Economic Development Minister Professor Mthuli Ncube needed to be at his frugal-best when he was crafting the 2021 National Budget.Funding requests to Treasury for the 2021 financi...Published: 06 Dec 2020 at 07:51hrs | 71 | by Staff reporter
Young business women get windfall
A shot in the arm. This best describes the story of seven Zimbabwean young women entrepreneurs after each received a US$25 000 grant to capitalise their businesses.This is part of a US$10 mill...Published: 06 Dec 2020 at 07:51hrs | 197 | by Staff reporter
Mthuli Ncube crafts debt control plan
Government has formulated a framework for evaluating, monitoring and managing publicly guaranteed and on-lent loans as they contribute to significant debt accumulation in the event of default by the p...Published: 06 Dec 2020 at 07:41hrs | 265 | by Staff reporter
Mthuli Ncube lines up TBs to fund deficit
GOVERNMENT is set to float Treasury Bills (TBs) to finance the 2021 budget deficit, Finance minister Mthuli Ncube said last week.Last week on Thursday, the minister unveiled a ZW$421,6 billion...Published: 04 Dec 2020 at 07:18hrs | 306 | by Staff reporter
Zimbabwe scores high on debt management transparency
Zimbabwe has reasonably high ratings in the region in terms of debt management transparency according to the Open Budget Index (OBI). A country's budget transparency score, reflected on the OB...Published: 02 Dec 2020 at 06:14hrs | 118 | by Staff reporter
Sector priorities for NDS implementation
Zimbabwe launched its new 5 year economic blueprint called the National Development Strategy (NDS-1) on 16 November 2020. The new plan succeeds the Transitional Stabilization Programme (TSP) that ends...Published: 01 Dec 2020 at 09:17hrs | 770 | by Victor Bhoroma
What Zanu-PF can learn from China
(In December 2016, ZimLive editor Mduduzi Mathuthu, then the editor of The Southern Times newspaper based in Namibia, was dragged over the coals and subsequently fire...Published: 29 Nov 2020 at 08:59hrs | 1321 | by Ranga Mberi
Zimbabweans living in extreme poverty increase to 6 million in 2019
The number of poor people in the country increased to 8.9 million in 2019 - more than half of its estimated population - from 8 million in 2017 while those living in extreme poverty increased to 6 mil...Published: 27 Nov 2020 at 17:31hrs | 504 | by Staff reporter
Biti's sensational take on state of the Zimbabwe economy
MDC-ALLIANCE vice president Tendai Biti painted a bleak picture of the state of the economy this week in what he called the "State of the Economy Address". Many in Zimbabwe and abroad would find his t...Published: 27 Nov 2020 at 07:14hrs | 602 | by Staff reporter
Zimbabwe eyes 7% growth in year 2021
FINANCE minister Mthuli Ncube stuck to his 7,4% gross domestic product (GDP) growth target when he presented the 2021 National Budget yesterday, tipping most of the growth to be driven by strong recov...Published: 27 Nov 2020 at 07:13hrs | 92 | by Staff reporter
Zimbabwe slides deeper into debt distress
ZIMBABWE'S total external debt rocketed by US$106 million to US$8,2 billion at the end of September, throwing the economy into further debt distress, according to Finance minister Mthuli Ncube....Published: 27 Nov 2020 at 07:05hrs | 489 | by Staff reporter
$421.6bn inclusive 2021 budget unveiled
FINANCE and Economic Development Minister, Professor Mthuli Ncube yesterday announced a $421.6 billion National Budget for 2021 in which he handed down tax relief measures to cushion workers and corpo...Published: 27 Nov 2020 at 07:02hrs | 343 | by Staff reporter
Mthuli Ncube shoots down $1,1 trillion budget proposal
FINANCE minister Mthuli Ncube has shot down requests by different ministries and departments for a $1,1 trillion 2021 national budget due to inadequate revenue.Ncube is expected to announce a ...Published: 25 Nov 2020 at 04:45hrs | 3566 | by Staff reporter
Fitch and Moody's downgrade South Africa's credit ratings further
In a move that Finance Minister Tito Mboweni described as 'painful', rating agencies Fitch and Moody's pushed South Africa's credit rating deeper into the scrap heap of junk with downgrades announced ...Published: 24 Nov 2020 at 05:04hrs | 1707 | by Staff reporter
Trump, Chamisa birds of the same feather
Outgoing United States (US) president, Donald Trump and Zimbabwe's opposition MDC Alliance leader, Nelson Chamisa both refused to concede defeat, in their separate elections. The world is surprised by...Published: 23 Nov 2020 at 14:38hrs | 826 | by Prosperity Mzila
Firms hail forex auction system
ZIMBABWE'S biggest companies have hailed central bank governor, John Mangudya's foreign currency auction system for defusing a forex crisis that had affected production in the past year.The Re...Published: 20 Nov 2020 at 06:08hrs | 310 | by Staff reporter
Govt ranks highest payer, says Mthuli Ncube
THE Government is currently the highest paying employer in the country and pay scales for public servants far outstrip what private sector players are giving their employees, Finance and Economic Deve...Published: 20 Nov 2020 at 05:57hrs | 223 | by Staff reporter
Zanu-PF to shame sloppy ministers
ZANU-PF will not hesitate to name and shame ministers sleeping on the job as Zimbabwe starts implementing National Development Strategy 1 (NDS1) meant to contribute towards making the country an upper...Published: 20 Nov 2020 at 05:55hrs | 83 | by Staff reporter
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