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'GDP rebasing to lower insurance penetration'
THE rebasing of Zimbabwe's gross domestic product (GDP) in 2018 will lower insurance penetration rate by 2,9%, an industry official has said.Insurance and Pensions Commission (Ipec) acting com...Published: 24 hrs ago | 136 | by Staff reporter
'EU sanctions will spur Zimbabweans to bust sanctions' - nonsense just what we need
"Zimbabweans should not be distracted from their focus on turning around the economy by the country's enemies threatening to effect and strengthen illegal sanctions on the country," wrote the Chronicl...Published: 19 Feb 2019 at 06:49hrs | 1078 | by Nomusa Garikai
Zimbabwe situation needs proper strategic development plan
We lack basic fundamentals to fulfil the benchmark of legitimacy and credibility. We need to correct a lot of things on the ground. We have so much potential, we simply need to pass the legitimacy tes...Published: 18 Feb 2019 at 16:11hrs | 1411 | by Tinashe Eric Muzamhindo
Mnangagwa to name Harare Minister this week
President Mnangagwa says he will appoint the Minister of State for Harare Metropolitan province this week. The Metropolitan province did not have a Minister of State since last year when Presi...Published: 18 Feb 2019 at 06:55hrs | 497 | by Staff reporter
German Methods can work in Zimbabwe
After World War II, in 1945 Germany was divided into two with the United States, Great Britain, and France occupying the western portion of Germany and the Soviet Union occupying eastern Germany. Its ...Published: 17 Feb 2019 at 23:02hrs | 1796 | by Engineer Jacob Kudzayi Mutisi
Mnangagwa claims that fuel and wheat shortages already fixed
Government has made significant headway in dealing head-on with various challenges affecting the economy, and has since addressed fuel and wheat challenges, while satisfactory progress has been made i...Published: 17 Feb 2019 at 07:41hrs | 242 | by Staff reporter
Research key to economic development: Mnangagwa
PRESIDENT Emmerson Mnangagwa has pledged to continue supporting the Research Council of Zimbabwe to ensure it remains more robust in the co-ordination, promotion and supervision of research in the cou...Published: 16 Feb 2019 at 20:14hrs | 102 | by Staff reporter
Calls for Zimbabwe to join Rand Monetary Union grow
Zimbabwe must seriously look into the possibility of joining the Rand Monetary Union as the central bank mulls introducing a fresh monetary policy tool to alleviate foreign currency shortages, the hea...Published: 15 Feb 2019 at 14:44hrs | 3289 | by Staff reporter
Ncube, Mangudya policy tussle on monetary policy statement
POLICY efficacy doubts - both fiscal and monetary - in supporting a liberalised foreign currency market, effectively discarding the 1:1 US dollar-bond note/RTGS dollar peg, have arguably been the main...Published: 15 Feb 2019 at 08:27hrs | 512 | by Brett Chulu
Zimbabwe economy plunges into VUCA environment
Business leaders are frustrated with the inability to anticipate and handle the country's fragile and toxic economy which continues to implode, a situation which has left them in distress.This...Published: 14 Feb 2019 at 08:59hrs | 1772 | by Staff reporter
Sadc seized with Zimbabwe crisis, claims Tendai Biti
THE Zimbabwean crisis continues to exist in the Southern African Development Community (Sadc) corridors despite efforts by regional leaders to portray the ugly scenes that rocked the country in recent...Published: 14 Feb 2019 at 07:18hrs | 770 | by Staff reporter
Zimbabwe likely to return some land to white farmers?
The Zimbabwean government is likely to give back some land to white farmers, after a land audit is set to be completed in March.The audit, which is being carried out across the country, seeks ...Published: 11 Feb 2019 at 14:31hrs | 3886 | by Business Day
Zimra adds 20 000 new taxpayers
The Zimbabwe Revenue Authority (Zimra) registered 20 000 new taxpayers last year as it ratcheted up efforts to increase tax compliance.Revenues accrued to the national purse in the 11-month pe...Published: 10 Feb 2019 at 05:43hrs | 327 | by Staff reporter
Mthuli Ncube engages US over reforms, Zidera
Finance and Economic Development Minister Professor Mthuli Ncube is set to leave for the United States of America next month to apprise that country's government officials on positive developments the...Published: 10 Feb 2019 at 05:42hrs | 547 | by Staff reporter
Is Zimbabwe ready for online casinos?
Online gambling is a worldwide phenomenon. It's already hugely popular among many Western nations, including across Europe and - increasingly - in the US. The market is set to be worth around ...Published: 08 Feb 2019 at 18:23hrs | 518 | by Staff Reporter
Zimbabwe economic revival: none but ourselves
"Government must create jobs for us, we want our hospitals to be top notch medical facilities, we want to eat what we want anytime, there is no bread on the shelves, all our roads should be tarred, ha...Published: 06 Feb 2019 at 10:25hrs | 938 | by Elijah Chihota
Zimbabwe diaspora are marginalised
Since Monday January 14, Zimbabwe's diaspora were horrified watching violent events unfold, and during the Internet shutdown, were petrified unable to contact family, friends and neighbours back home....Published: 06 Feb 2019 at 08:13hrs | 400 | by Pearl Matibe
Mutambara calls for a United States of Africa
FORMER deputy prime minister Professor Arthur Mutambara has told a British audience that the mooted "ever-closer African Union" was "despicable" and instead suggested that a "United States of Africa" ...Published: 30 Jan 2019 at 18:58hrs | 1764 | by African News Agency
Regular as clock, NANGO calls for 'dialogue on rule of law' - yet already accepted rigged elections
The last two weeks have seen stay-aways to protests the soaring cost of living turn into street protests and looting. The Zanu-PF government has, as expected, responded with an orgy of wanton violence...Published: 30 Jan 2019 at 10:02hrs | 953 | by Nomusa Garikai
Enter the dragon: The rise of China
The most remarkable economic turnaround story of the 21st century undoubtedly belongs to the People's Republic of China. As the country marks the 40th anniversary of economic reforms and opening, the ...Published: 28 Jan 2019 at 16:43hrs | 1546 | by Victor Bhoroma
Mnangagwa's visit to Russia unlocks $300 million
President Emerson Mnangagwa's visit to Russia has unlocked $300 million that will trigger implementation of the $2 billion Great Dyke Investment (GDI) platinum mining venture in Darwendale.GDI...Published: 27 Jan 2019 at 18:59hrs | 900 | by Staff reporter
Zimbabwe, way forward will be great tribute to the great icon Oliver Mtukudzi?
Dialogue is a way to solve all the problems we are facing as a nation. The way forward is to do away with strongman spirit. Going forward, we must correct wrongs now. We need to value humanity. The go...Published: 25 Jan 2019 at 13:23hrs | 295 | by Enos Denhere
Mthuli Ncube's 2% tax rakes in millions
Zimbabwe's tax agency collected $177,27 million from the Intermediated Money Transfer Tax (IMTT) last year boosted by a review of the charge to 2 percent for electronic transactions in October as gove...Published: 25 Jan 2019 at 00:37hrs | 4324 | by Staff reporter
Zimra surpasses FY18 revenue target by 17,7%
Zimbabwe's net revenue collections for the full year to December amounted to $5, 06 billion surpassing its target by about 18% as collections surged in the last quarter due to the 2% tax on electronic...Published: 24 Jan 2019 at 07:29hrs | 575 | by Staff reporter
Enter the dragon: The rise of China
The most remarkable economic turnaround story of the 21st century undoubtedly belongs to the People's Republic of China. As the country marks the 40th anniversary of economic reforms and opening, the ...Published: 21 Jan 2019 at 14:10hrs | 2451 | by Victor Bhoroma
'Zimbabwe's economy to grow by 4,2%,' says AfDB
THE African Development Bank (AfDB) projects Zimbabwe's economy to grow by 4,2% this year before rising to 4,4% in 2020 underpinned by growth in the mining and agricultural sectors along with fiscal c...Published: 20 Jan 2019 at 09:27hrs | 239 | by Staff reporter
Bishop Mutendi hails Zanu-PF legislators
THE leader of the Zion Christian Church (ZCC) Bishop Nehemiah Mutendi has praised the decision by Zanu-PF legislators to forego luxury vehicles opting that the funds be channelled towards development....Published: 20 Jan 2019 at 09:24hrs | 583 | by Staff reporter
Zimbabwe awaits Russian investors
Like many African countries, Zimbabwe's economy needs sustainable resuscitation. On his mid-January official working visit to Moscow, President Emmerson Mnangagwa told Sputnik News Agency (SNA) in an ...Published: 18 Jan 2019 at 09:01hrs | 1285 | by Kester Kenn Klomegah
Zimbabwe facing foreign currency shortages, not fuel, says Mnangagwa
News Editor Gift Phiri sits down for a wide-ranging interview with President Emmerson Mnangagwa's spokesperson George Charamba about the stuttering economy and what government is doing to address the ...Published: 13 Jan 2019 at 22:28hrs | 923 | by Staff reporter
Zimbabwe's grand fuel heist
Zimbabwe consumed almost 480 million more litres of petrol and diesel in six months between June and November last year than in the same period in 2017, a gargantuan 77 percent extra, at an additional...Published: 10 Jan 2019 at 07:32hrs | 526 | by Staff reporter
Zimbabwe GDP to grow 3.7% in 2019, World Bank
The World Bank has projected that Zimbabwe's Gross Domestic Product (GDP) will grow by 3.7% this year compared to the 3.8% it projected in June 2018.This is higher than the 3.1% GDP growth pro...Published: 09 Jan 2019 at 18:19hrs | 1520 | by Staff reporter
Zanu-PF geared to implement resolutions
MANICALAND is geared towards implementing the resolutions made at the 17th Zanu-PF Annual People's Conference to ensure that the province plays its part in growing the economy in line with Vision 2030...Published: 08 Jan 2019 at 09:02hrs | 127 | by Staff reporter
Civil servants told to change attitude
Chief Government workers in Mashonaland West risk losing their jobs if they are not up to the task of growing the province's economy, Provincial Affairs Minister Mary Mliswa-Chikoka has said. ...Published: 08 Jan 2019 at 09:01hrs | 269 | by Staff reporter
Rural transformation is key for sustainable development in Zimbabwe
( A academic research paper to be utilised by public & private sector) As a development practitioner, I have a role to play to ensure we contribute...Published: 07 Jan 2019 at 20:42hrs | 777 | by Tinashe Eric Muzamhindo
CZI is right: Dollarisation is bad for Zimbabwe
It is not a secret that I am not a fan of the current government's economic policies and choices.I especially find it reprehensible that they continue to avoid solving the prevailing currency ...Published: 05 Jan 2019 at 17:13hrs | 489 | by Garikai Dzoma
Zimra to collect $6,2bn in 2019
The Zimbabwe Revenue Authority (Zimra) plans to collect $6,2 billion from taxes this year, representing about 76 percent of the $8,16 billion 2019 Budget. With Zimbabwe's gross domestic product (GDP)&...Published: 04 Jan 2019 at 09:13hrs | 231 | by Staff reporter
Strive Masiyiwa struggles to stomach criticism
In what started as a routine interview with continental business television channel CNBC Africa, Strive Masiyiwa, Econet founder and Executive Chairman describes the political changes being witnessed ...Published: 02 Jan 2019 at 08:46hrs | 8413 | by Willliam Muchayi
Many of our leaders are just like that baboon
We seem to have been putting up with a lousy government, forever besetted corruption, nonsensical monetary and macroeconomic policies forever. First, we had the Rhodesian government from 1960 onwards,...Published: 01 Jan 2019 at 11:21hrs | 543 | by Eddie Cross
SA arrests Mozambique’s ex-finance minister for extradition to US
A former finance minister of Mozambique, who approved secret loans that plunged the country into a crisis, has been arrested in South Africa awaiting extradition to the United States, police said Mond...Published: 01 Jan 2019 at 10:40hrs | 669 | by AFP
'Economy on recovery path' says Chiwenga - nonsense, not whilst vote rigging curse remains
Zimbabwe is in serious, serious economic trouble. Unemployment has soared to dizzying height of 90% and has been 80% plus for the last 15 years already. There millions of Zimbabweans out there who hav...Published: 31 Dec 2018 at 20:48hrs | 2028 | by Nomusa Garikai
Re-dollarisation of economy: Wrong turn for Zimbabwe
There is an effervescence in the economy – an imperceptible but definite shift towards re- dollarisation of the economy.Initially a trickle, this will soon turn into a mighty tide in one dir...Published: 30 Dec 2018 at 10:06hrs | 1593 | by Joseph Mverecha
'Mthuli Ncube's budget is a waste of time'
IT is a great pleasure to debate the 2019 national budget. This budget, Honourable Speaker Sir, could not have come at a time of greater fragility and greater vulnerability of our country....Published: 23 Dec 2018 at 09:14hrs | 1414 | by Tendai Biti
The Outlook for 2019 is Dismal - unless?
I was called by a major local newspaper this past week and asked what my view of 2019 was? I laughed at the question because right now I do not think anyone could tell you what is going on, let alone ...Published: 22 Dec 2018 at 17:05hrs | 2157 | by Eddie Cross
Entrepreneurship, the new spirit of Zimbabwe
The turn of the 21st century was not good for Zimbabwe as the country was slapped with illegal sanctions by the west which led to the closure of many industries. Despite going for nearly two decades w...Published: 21 Dec 2018 at 13:53hrs | 1411 | by Elijah Chihota
Best economic models that Zimbabwe government can adopt
Apparently we have the following challenges in our mainstream economy - Production levels are very low ( imports exceeding exports therefore balance of payments affected-&nbs...Published: 19 Dec 2018 at 22:17hrs | 2243 | by Tinashe Eric Muzamhindo
On the recent national budget
Any economy is driven by three industries which are the primary, secondary and tertiary industries. The contribution to economic growth from these industries depends on the level of development of the...Published: 18 Dec 2018 at 09:00hrs | 604 | by Dr. Tutsirai Sakutukwa and Dr. Marshall Makate
The West judges Zimbabwe differently
The Western world judges Zimbabwe at a higher standard than it does other African countries, and that's not entirely a bad thing.The temptation is to demand that the European Union (EU) and th...Published: 17 Dec 2018 at 05:40hrs | 3753 | by newZWire
Zanu-PF urged to focus on fixing economic challenges
THE ongoing Zanu-PF national conference must give the party a chance to realign its energies into coherence and come up with responsive strategies to arrest the obtaining economic challenges.T...Published: 14 Dec 2018 at 05:32hrs | 118 | by Staff reporter
Economy rebasing to grow Zimbabwe revenue
The rebasing of the Zimbabwean economy has highlighted additional opportunities to grow revenue and also pointed to high levels of tax evasion, Finance and Economic Development Minister Mthuli Ncube h...Published: 10 Dec 2018 at 05:32hrs | 467 | by Staff reporter
Global warming crisis & the possible death of life on earth
I do not subscribe to the view that global warming is a direct result of human activities/industries. I believe that global warming is a product of nature or natural processes, that the phenomenon cou...Published: 07 Dec 2018 at 12:06hrs | 910 | by Don Chigumba
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