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No need to make Africa one country
There is obsession today among many Pan-Africanists of believing a one country Africa as the only viable way Africa can develop and eliminate all the problems it is facing. They believe that a one cou...Published: 05 Jul 2020 at 09:28hrs | 867 | by Lubani Nondo
The truth about coup rumours in Zimbabwe
Zimbabwe is awash with speculation, innuendo and rumours of a coup following a statement against corrupt leaders by the army General during a burial of a national hero Nleya, with even left some...Published: 03 Jul 2020 at 07:06hrs | 3722 | by Dr Masimba Mavaza
Zimbabwe environmental law association conduct research on formalisation of artisanal miners
A local Non-Governmental Law Association, Zimbabwe Environmental Law Association i s seeking to carry out a research on formalization of the artisanal and small-scale mining (ASM) sector....Published: 28 Jun 2020 at 09:44hrs | 260 | by Stephen Jakes
Zimbabwe's economists query China's friendship
Some of the country's economists have raised their eyebrows with regards to China's debt cancellations in Africa which were revealed earlier on this week.China's cancellation of debt towards r...Published: 27 Jun 2020 at 10:35hrs | 1676 | by Daniel Itai, Harare, Zimbabwe
How RBZ, govt sabotaged plans to restore Zimdollar
UNITED States $75 allowances and allowing retailers to trade in forex show a government shifting into reverse gear, possibly ditching two years' worth of policy steps to end dollarisation.The ...Published: 26 Jun 2020 at 07:26hrs | 6352 | by Staff reporter
Zimra nets $23,1bn revenue in 2019
THE Zimbabwe Revenue Authority (Zimra) says it managed to collect a net revenue of $23, 19 billion in 2019 against a planned $18, 6 billion target for the year. The tax authority is employing ...Published: 26 Jun 2020 at 06:57hrs | 138 | by Staff reporter
Radical Economic Structural Transformation REST (part 5 of 10)
There is no doubt that without a fundamental structural transformation of our economy from a dualistic enclave economy, whose economic activity is mainly driven by the production of primary products, ...Published: 25 Jun 2020 at 16:45hrs | 283 | by Vince Musewe
'Zimbabwe needs bailout or political breakthrough'
Zimbabwe cannot revive its economy without an international bailout, but any bailout is most likely to come with political and economic conditions attached to it. This comes as the economy is forecast...Published: 24 Jun 2020 at 17:44hrs | 877 | by Staff reporter
Mnangagwa's govt sets surveillance cameras in cities
Zimbabwe is planning to link its proposed National Data Centre with databases and information from the country's key economic players and state institutions as the country prepares for the creation of...Published: 21 Jun 2020 at 11:48hrs | 5610 | by Dumisani Ndlela
Same frog now in lipstick
IN more ways than one, courting love is similar to stalking prey.Although motivated by different designs, courting and stalking essentially entail stealthily winning an advantage in order ...Published: 21 Jun 2020 at 11:05hrs | 244 | by Bishop Lazi
Zimbabwe's economic collapse govt's own doing
PRESIDENT Emmerson Mnangagwa's claims that the deepening economic crisis is the work of his political detractors and greedy businesspeople reflect the government's failure to take responsibility for i...Published: 19 Jun 2020 at 08:25hrs | 1607 | by Staff reporter
Zimbabwe instability blights Common monetary Area prospects
FORMER Finance minister Tendai Biti says Zimbabwe's economic crisis, characterised by currency volatility, 785% inflation, a gargantuan debt stock estimated at US$10 billion and dwindling exports, hin...Published: 19 Jun 2020 at 08:25hrs | 793 | by Staff reporter
Zimbabwe to get another helping hand from the AfDB
Zimbabwe's attempts to raise money to fight Covid-19 are looking up as the African Development Bank (AfDB) is planning to give it US$13.7 million (about R235 million) in financial assistance.T...Published: 16 Jun 2020 at 12:15hrs | 458 | by Staff reporter
Radical Economic Structural transformation REST (part 3 of 10)
"No goods should leave our borders unprocessed and no goods should enter our borders that we cannot process and add value locally."It was Ibbo Mandaza who wrote on "the failure of Zimbabwe- to...Published: 11 Jun 2020 at 09:43hrs | 859 | by Vince Musewe
The Republic of Matabeleland (ROM) beckons
With Ambazonia's final breakthrough in their quest for self-determination, it has become abundantly clear that after experiencing a series of tragedies under Zimbabwe's colonial rule Matabele people c...Published: 10 Jun 2020 at 20:15hrs | 2775 | by George Mkhwanazi
Zimbabwe economy to contract 10%
The World Bank projects a 10% contraction of Zimbabwe's economy in 2020, a worse outcome against the forecast Sub-Saharan Africa contraction of 2.8%. The country's economy is set to recover to a...Published: 09 Jun 2020 at 08:17hrs | 1367 | by Staff reporter
Zimbabwe's debt-to-GDP ratio to exceed 100%
THE Zimbabwe Economic Policy Analysis and Research Unit (Zeparu) says the country's debt to gross domestic product (GDP) ratio will balloon to 101,6% by year end due to legacy debt, farmers' compensat...Published: 09 Jun 2020 at 08:02hrs | 313 | by Staff reporter
Solving political turmoil key to addressing Zimbabwe's economic crisis
ZIMBABWE is experiencing one of its worst economic crises since independence characterised by cash and foreign currency shortages, fuel scarcities, rampant prices hikes, hyperinflation and increased v...Published: 07 Jun 2020 at 16:35hrs | 712 | by Staff reporter
Zimbabwe government schools urged to commercial
GOVERNMENT has urged schools to come up with commercial programmes to help address some of their financial needs and prepare pupils to become entrepreneurs. Some schools in the country are making pers...Published: 06 Jun 2020 at 07:42hrs | 310 | by Staff reporter
Radical Economic Structural Transformation (REST) part 2 of 10
"A national vision not shared, not inclusive, not well-articulated, not vivid in or imagination, not fully understood nor clear, unbelievable, hardly motivating, unexciting and not compelling at all i...Published: 04 Jun 2020 at 13:18hrs | 607 | by Vince Musewe
Key economic lessons for Zimbabwe from South Africa
Zimbabwe and South Africa share a long history of trade, socio-economic, political and cultural ties that span for decades. The two countries are separated by a 225km border that runs along the Limpop...Published: 01 Jun 2020 at 15:42hrs | 683 | by Smetch Sibanda
Zimbabwe hyperinflation: ZASH the natural alternative
Covid-19 pandemic has been the worst crisis in this century. Many governments in the world are struggling to fight the pandemic which has drastically affected world economies. Global governments respo...Published: 31 May 2020 at 10:09hrs | 1344 | by Sammy ChiyazMan
Russia donates to Zimbabwe's war veterans
RUSSIA has reaffirmed its commitment to further strengthen bilateral relations with Zimbabwe in various fields. This comes as the Embassy of the Russian Federation in Harare handed over of 1 500 tonne...Published: 29 May 2020 at 18:02hrs | 1905 | by Staff reporter
Clueless gaze in the face of free-falling Zimdollar
THE spectacular collapse of the Zimbabwean dollar in the past week has yet again exposed the government's bankrupt currency policies worsening the country's deepening economic crisis.The Zimdo...Published: 29 May 2020 at 08:17hrs | 426 | by Staff reporter
An introduction to Radical Economic Structural Transformation (REST)
"We have been caught in a spider's web of lies about our history, our potential and our future as a country since 1980. The only way we can extricate ourselves from it is to first change our belief sy...Published: 28 May 2020 at 14:47hrs | 1004 | by Vince Musewe
Mnangagwa to launch livestock scheme
President Mnangagwa is today expected to launch the Presidential Livestock Scheme at Cleveland Range in Harare to support livestock farmers. Speaking at a post-Cabinet briefing yesterday, Info...Published: 28 May 2020 at 07:32hrs | 272 | by Staff reporter
BVTA celebrate Africa Day
Bulawayo Vendors and Traders Association (BVTA) has joined the country and the rest of Africa in commemorating Africa Day under the theme: Silencing The Guns: Creating Conducive Conditions for Africa'...Published: 27 May 2020 at 08:49hrs | 225 | by Stephen Jakes
Zimbabwe: IMF hammers country already on its knees
Mercifully, Zimbabwe's infection and death rates from Covid-19 are so far very low but the economy, already labouring under the effects of drought, has been hit by the lockdowns. Worse, the IMF has de...Published: 27 May 2020 at 07:12hrs | 696 | by Baffour Ankomah I New African Magazine
Vic Falls foreign exchange: A potential game Changer
The Zimbabwean government announced that it will soon launch the Victoria Falls Securities Exchange (VFEX) as part of a broader plan to turn the renowned resort town into an offshore International Fin...Published: 20 May 2020 at 20:51hrs | 2430 | by Victor Bhoroma
Vic Falls foreign exchange: A potential game Changer
The Zimbabwean government announced that it will soon launch the Victoria Falls Securities Exchange (VFEX) as part of a broader plan to turn the renowned resort town into an offshore International Fin...Published: 20 May 2020 at 14:39hrs | 2957 | by Victor Bhoroma
Zambian President orders re-opening of Victoria Falls 'to save jobs'
Zambian President Edgar Lungu on Tuesday ordered the re-opening of the Victoria Falls and local hotels to tourists – on the same day that the country announced the highest daily jump in coronavirus ...Published: 13 May 2020 at 20:52hrs | 4387 | by Staff reporter
In Era of COVID-19, Russia's Strategic Politics of Coronavirus Aid Takes the Stage in Africa
With coronavirus rapidly spreading among the population of 148 million, Russia took the third position in the world. According to the official data provided on May 11, Russia had an aggregate total of...Published: 13 May 2020 at 07:02hrs | 477 | by Kester Kenn Klomegah
Mthuli Ncube explains stimulus package
THE foreign currency earning sectors of manufacturing, tourism and mining will receive just $4,52 billion, the shorter end of the $18 billion stimulus package despite the impact of COVID-19 being more...Published: 06 May 2020 at 08:04hrs | 1885 | by Staff reporter
Covid-19 Economic Recovery and Stimulus Package for Zimbabwe
A technical team is being set up to craft operational details of the $18 billion economic recovery, stimulus and social package aimed at reviving Zimbabwe's economic sectors affected by the global Cov...Published: 05 May 2020 at 08:17hrs | 265 | by Staff reporter
Mthuli Ncube urged to relook stimulus funding
Zimbabwe must explore innovative ways of stimulating economic activity post Covid-19 as the country is not likely to access external funding due to money owed to international finance institutions (IF...Published: 03 May 2020 at 09:27hrs | 800 | by Staff reporter
Zimbabwe COVID-19 lockdown goes into Stage 2
PRESIDENT Mnangagwa has extended the Covid-19-induced lockdown by a further 14 days and announced an $18 billion Economic Rescue and Stimulus Package to scale up production in all sectors of the econo...Published: 02 May 2020 at 07:18hrs | 434 | by Staff reporter
Mnangagwa puts up $18 billion economic rescue package
Government has put up an $18 billion economic rescue package while extending the lockdown for a further 14 days though under relaxed conditions to allow the economy to start operating. Pr...Published: 01 May 2020 at 17:30hrs | 4128 | by Staff reporter
'Zimbabwe should be self-sufficient'
ZIMBABWE should come up with new policies to ensure that the country is self-sufficient in the wake of the coronavirus pandemic, which has seen several countries shutting down their borders to control...Published: 27 Apr 2020 at 09:51hrs | 516 | by staff reporter
Virus that halted Zimbabwe from dreaming
IT is a common sight for torrential rains to show up uninvited to Samba dance ceremonies in Rio de Janeiro. The authorities in Brazil used to publicise meteorological information to allow for spiritua...Published: 24 Apr 2020 at 08:48hrs | 323 | by Christopher Mugaga
Ramaphosa demands end to economic sanctions against Zimbabwe, Sudan
South Africa President Cyril Ramaphosa has again called for the economic bans against Zimbabwe and Sudan to be lifted as the continent grapples with Covid-19 and its economic impact.The US imp...Published: 23 Apr 2020 at 11:09hrs | 1631 | by Staff reporter
Open letter to the South African President Mr Cyril Ramaphosa 22nd April 2020 - people's party (Zimbabwe)
Dear Mr President, RE: STATEMENT BY PRESIDENT CYRIL RAMAPHOSA ON FURTHER ECONOMIC AND SOCIAL MEASURES IN RESPONSE TO THE COVID-19 PANDEMICThe CO...Published: 23 Apr 2020 at 10:53hrs | 1364 | by Lloyd Msipa
COVID-19 lockdown: Coercing the poor, coddling the rich?
From the perspective of reducing the negative public health effects of the coronavirus, national lockdowns will almost certainly - if adhered to - reduce the number of coronavirus transmissions while ...Published: 21 Apr 2020 at 22:21hrs | 923 | by Seán Muller
Mthuli Ncube achieved a surplus of $437 million
Under the leadership of Finance Minister, Prof Mthuli Ncube, Zimbabwe Treasury achieved a surplus of $437million as opposed to a budgeted deficit of 4% of GDP (-$4 billion) initially predicted in the ...Published: 20 Apr 2020 at 09:52hrs | 2316 | by Staff reporter
Covid-19 knocks Zimra revenues
ZIMBABWE will miss the ZW$57,8 billion 2020 revenue collection target due to the impact of the Covid-19 pandemic which is projected to shrink the global economy by 3%, according to the latest forecast...Published: 17 Apr 2020 at 08:24hrs | 1147 | by Staff reporter
FULL TEXT: Nelson Chamisa's state of the nation address
Fellow citizens,I come to you under very difficult circumstances in our country and indeed in the whole world.Let us begin by observing a minute of silence for all the COVID-19 victims in ...Published: 16 Apr 2020 at 09:17hrs | 4339 | by Nelson Chamisa
Is Mthuli Ncube IMF's man in Harare?
THE International Monetary Fund (IMF) released its 2019 Article IV report on Zimbabwe at the end of March 2020. Without delving into policy details, which I leave to experts to unpack, one can observe...Published: 12 Apr 2020 at 09:40hrs | 2498 | by Dr Tim Rainhard
Britain accused of adopting Mugabe economics
It is a little-known fact that even the UK government has an overdraft facility.It's called the Ways and Means Facility and it resides at the Bank of England.Ordinarily, the government...Published: 11 Apr 2020 at 09:02hrs | 19010 | by Staff reporter
IMF Report on Zimbabwe: Fairy-tale of good cop versus bad cop
THE International Monetary Fund (IMF) released its 2019 Article IV report on Zimbabwe at the end of March 2020. Without delving into policy details, which...Published: 10 Apr 2020 at 14:55hrs | 1256 | by Dr Tim Rainhard
Zimbabwe in throes of unprecedented recession
ZIMBABWE will struggle to recover from the recession caused by the Covid-19 pandemic as companies are already beginning to show signs of severe stress.Companies are struggling to remain viable and...Published: 10 Apr 2020 at 08:31hrs | 327 | by Staff reporter
The pandemic lockdown is no time for fiscal distancing
These are very difficult days, as the world faces one of its worst challenges ever: the novel coronavirus pandemic. And it seems almost no nation is spared. As infection rates rise, so does panic acro...Published: 10 Apr 2020 at 08:30hrs | 71 | by Akinwumi A Adesina
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