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Bulawayo dam deal will leave ratepayers drowning in bills
A $126 million plan to construct the Glass Block Dam in the Umzingwane catchment area could finally provide relief for Bulawayo's persistent water shortages. However, the project's private financing m...Published: 21 Jun 2025 at 09:49hrs | 341 | by Staff reporter
Bulawayo raises over US$21 million for Glassblock dam construction
Bulawayo City Council has successfully raised over US$21 million toward the construction of the Glassblock Bopoma Dam, a critical infrastructure project aimed at addressing the city's water crisis and...Published: 08 Dec 2024 at 10:09hrs | 2671 | by Staff reporter
Zimbabwe charts ambitious return to global finance at debt conference
Zimbabwe's president hosted creditors and finance executives on Monday to discuss ambitious goals to clear debt arrears and restructure $12.7 billion in external debt, as the country aims to eventuall...Published: 26 Nov 2024 at 08:22hrs | 214 | by Staff reporter
Zimbabwe should ditch the toxic US dollar
Zimbabwe's economy has been intertwined with the US dollar for over a decade, a relationship that began as a pragmatic response to hyperinflation and economic collapse in the late 2000s. The adoption ...Published: 12 Jul 2024 at 09:46hrs | 58 | by Staff writer
AfDB helps Zimbabwe mobilises revenue
THE African Development Bank (AfDB) is working with Treasury and the central bank to produce debt and investment gold models for Zimbabwe to allow the country to come up with best policies to mobilise...Published: 07 Apr 2024 at 10:20hrs | | by Staff reporter
Zanu-PF MPs shower praises on Mnangagwa
Zanu-PF legislators have been praising President Emmerson Mnangagwa's State of the Nation Address (Sona), which painted a rosy picture of the country's fortunes despite the deteriorating socio-economi...Published: 12 Feb 2024 at 13:54hrs | 3 | by Staff reporter
US resists pressure to reform IMF voting shares
US Treasury Secretary Janet Yellen showed little willingness to embrace reforms at the International Monetary Fund that would give China and other developing countries significantly more say in how th...Published: 12 Oct 2023 at 06:18hrs | 2 | by Staff reporter
Mnangagwa to replace Mangudya as RBZ boss?
A GLOBAL recent ranking of central bank governors has given Zimbabwe's John Mangudya the lowest grade amid speculation that he may be replaced as President Emmerson Mnangagwa reshapes his administrati...Published: 28 Sep 2023 at 16:03hrs | 4 | by Staff reporter
'Sanctions have made Zimbabwe to be more innovative,' says Mnangagwa
THE level of development and economic transformation achieved in the last five years without access to global lines of credit is an indication that Zimbabwe under the Second Republic is effectively de...Published: 04 Aug 2023 at 06:46hrs | 14 | by Staff reporter
Mnangagwa tainted and haunted by unfulfilled 2018 promises
WHILE President Emmerson Mnangagwa is seeking re-election on August 23 this year, his campaign is being overshadowed by unfulfilled promises from the previous poll, The NewsHawks has learnt.Zi...Published: 18 Jun 2023 at 16:05hrs | | by Staff reporter
Zimbabwe joins poverty league
Zimbabwe, which was the most industrialised nation in sub-Saharan Africa outside South Africa in 1980 - is now among the top 20 poorest countries in the world - ranking 17, according to an unknown Glo...Published: 28 May 2023 at 08:27hrs | 3 | by Staff reporter
Beyond Beijing's 'gift' to Zimbabwe
On November 23, 2022, the President of Zimbabwe, Emmerson Mnangagwa gave the state of the nation address at the new iconographic parliament building that was designed, funded, built and "donated" by C...Published: 04 Dec 2022 at 08:12hrs | 2 | by Gorden Moyo
Mnangagwa invites African finance houses for talks
ZIMBABWE is ready to tap into available financial services provided by the Africa Export and Import Bank (Afreximbank) and the African Development Bank (AfDB) to bolster its industrial transformation ...Published: 28 Nov 2022 at 04:54hrs | 1 | by Staff reporter
Zimbabwe can be a financial hub
MAURITIUS Finance chief operating officer Vinod K. Bussawah, who is also chairperson of Harare-based financial advisory firm Bard Santner Markets Inc, says Zimbabwe can become a regional financial hub...Published: 23 Oct 2022 at 17:21hrs | | by Staff reporter
Colonialism was not an event, but a long-term project of global control
Queen Elizabeth II was finally laid to rest last week after 96 years of life and 70 years of service as the Queen of the United Kingdom and other Commonwealth realms from 6 February 1952 until she die...Published: 26 Sep 2022 at 05:56hrs | 1 | by Tapiwa Gomo
Mangudya improves in key global central bankers ranking table
RESERVE Bank of Zimbabwe governor John Mangudya has improved in the authoritative global central bankers performance indicators and ranking list by American magazine Global Finance as he graduated wit...Published: 15 Jan 2022 at 15:02hrs | 1 | by Staff reporter
Mangudya ranked worst performing central bank governor in Africa
The Central Banker Report Cards, published annually by Global Finance since 1994, grade the central bank governors of 101 key countries and territories, including the European Union, the Eastern Carib...Published: 12 Jan 2022 at 05:13hrs | 14 | by Staff reporter
Illegal sanctions choking business
ILLEGAL economic sanctions imposed by the United States and her allies have negatively affected the business community, which cannot access loans, and even do straightforward transfers for their needs...Published: 18 Oct 2021 at 06:26hrs | 3 | by Staff reporter
Professor Arthur Mutambara, Dr Nkosana Moyo and Advocate Nelson Chamisa are speaking
I have dwelt a lot regarding Chamisa's infantile approach to politics and his policies that do not make too much sense. However, I wish to commend Chamisa's visit to Matabeleland South two days ago. T...Published: 16 Sep 2021 at 17:20hrs | 13 | by Nomazulu Thata
Standard Bank named Best Bank in Africa
Stanbic Bank Zimbabwe's South African-based parent company, Standard Bank Group, has been named the Best Bank in Africa in Global Finance's 28th annual awards for the World's Best Banks. Addit...Published: 26 Mar 2021 at 12:01hrs | 8 | by Agencies
Africa to get 1 billion doses of COVID-19 vaccine by December
The African Union Special Envoy on the COVID crisis, Strive Masiyiwa, has said that Africa will get more than 1 billion doses of vaccines by December 2021.He said international donors had alre...Published: 30 Jan 2021 at 20:38hrs | | by Agencies
Is Zimbabwe-China relationship strategic, transformational?
THE relationship between the two countries — Zimbabwe and China — has been strategic as they have engaged in a number of bilateral agreements which have helped strengthen their different economies...Published: 08 Jan 2021 at 07:32hrs | | by Letwin Mapaike
From desert to business hub_Dubai economic story
Dubai is the capital city of the Emirate of Dubai, which in itself is one of the seven emirates (states) that form the United Arab Emirates (UAE). The emirates are former British colonies which got in...Published: 20 Oct 2020 at 14:01hrs | 1 | by Victor Bhoroma
10 Zimbabwean students win Chevening Scholarships
TEN bright students from Zimbabwe will be travelling to the United Kingdom (UK) next month (October) to further their studies. Probably the last time such a large contingent of students from o...Published: 19 Sep 2020 at 06:13hrs | 15 | by Staff reporter
Unrealistic expectations of the president's austerity measures
Whether President Mnangagwa visits members of the opposition or takes them out to dinner or pays them visits in hospitals, he needs their support in order to achieve major parts of his agenda....Published: 02 Sep 2019 at 07:24hrs | 5 | by Dr Masimba Mavaza
Mnangagwa insist there was "no basis" free elections calls and rigging "satisfied people's needs" – how insulting
"We feel that we are almost two decades behind in terms of development as a result of economic sanctions that have been imposed on us," Emmerson Mnangagwa told The National in an interview in Abu Dhab...Published: 19 Mar 2019 at 12:26hrs | 5 | by Nomusa Garikai
CBZ: Zimbabwe's best bank in 2018
CBZ Bank has been voted as Zimbabwe's best-performing bank in 2018 by US-based Global Finance Magazine.CBZ Bank, which has an asset base of US$ 2billion and deposits worth $1,8 billion, is con...Published: 17 Mar 2019 at 08:32hrs | | by Staff reporter
No rest for Mnangagwa in US
President Emmerson Mnangagwa is on a mission to turn Zimbabwe into a middle-income economy in 12 short years. And the frenetic pace at which he is working in New York this week reflects how tight that...Published: 22 Sep 2018 at 09:18hrs | | by Staff reporter
Populist measures deepen fiscal crisis
GOVERNMENT'S recent decision to award soldiers and police a hefty "special allowance" a few weeks before Zimbabwe holds a crucial general elections on July 30 shows that President Emmerson Mnangagwa's...Published: 27 Jul 2018 at 11:26hrs | | by Staff reporter
Zimbabwe delegation dazzles investors on Wall Street
After decades of economic isolation, the Zimbabwe Government, led by the Minister of Finance and Economic Development Patrick Chinamasa, Minister of Foreign Affairs and International trade, Dr Sibusis...Published: 19 Apr 2018 at 07:04hrs | | by Staff reporter
Pastor Chris, Angel forge ties
After paying a courtesy call on Christ Embassy church leader, Pastor Chris Oyakhilome last week, Businessman and Good News church leader, Prophet Uebert Angel looks like he is finally aligning with th...Published: 27 Mar 2018 at 17:13hrs | | by Staff reporter
Unrealistic expectations on the first hundred days of the president
Whether President Mnangagwa visits members of the opposition or takes them out to dinner or pays them visits in hospitals, he needs their support in order to achieve major parts of his agenda....Published: 23 Jan 2018 at 09:44hrs | 3 | by Dr Masimba Mavaza
Zimbabwe no country for 'nice men'
In 2000, after the ruling Zanu-PF party had been shocked by the opposition at elections, it went through some soul searching.Just five years earlier, Zanu-PF had won 118 of the 120 seats on of...Published: 14 Jul 2017 at 07:05hrs | 2 | by The Source
Zimbabwe not poor, not by a long shot
In 2013, a research website by the name New World Wealth published a "survey" report which bogusly claimed that Zimbabwe was the poorest country in Africa because of its "controversial indigenisation ...Published: 04 May 2017 at 06:37hrs | | by Bernard Bwoni
Mugabe son-in law not qualified for the job
Struggling Air Zimbabwe's shock appointment of Bona Mugabe's husband as chief operating officer (COO) has been described as unusual by a human resources expert as the process took less than a mont...Published: 09 Oct 2016 at 08:08hrs | | by Staff reporter
Matebele nation too rich to beg money from financially broke Zimbabwe
Zimbabwe as we know it, is a failed state that has lost its financial sovereignty and international reputation due to hyper inflation, economic mismanagement and institutionalised corruption....Published: 09 Jun 2016 at 07:09hrs | 2 | by Israel Dube
Standard Chartered launches Africa's most extensive roll out of mobile and online banking
Digital Banking made easier, faster and safer for over 1 million clients across 8 markets LONDON - Standard Chartered Bank (www.SC.com) is bringin...Published: 31 May 2016 at 17:12hrs | 3 | by APO
Zimbabwe foreign debt payments on track
ZIMBABWE is on track towards clearing close to $2 billion debt to international finance bodies, which would facilitate access to fresh lines of credit to grow her economy, Finance Ministry Secretary W...Published: 11 May 2016 at 06:52hrs | 2 | by Prosper Ndlovu
U.S.A may pump billions in reconstruction package for Zimbabwe - Report
Cologne/Stockholm/Harare - The U.S government is reportedly mooting to unveil a multi-billion dollar economic reconstruction package of up to US$2 billion for Zimbabwe, to resuscitate her economy whic...Published: 22 Apr 2016 at 07:20hrs | | by Itai Mushekwe/Mary-Kate Kahari/Malvin Motsi
China unveils international payment system
ZIMBABWE stands to benefit from China's introduction of an International Payment System as it will cushion the country and Zimbabwean firms from the seizure of their revenue by the United States' Offi...Published: 13 Oct 2015 at 06:28hrs | 1 | by Lloyd Gumbo
Zimbabwe is not the world's second poorest country - FACT
News media reported recently that Zimbabwe is the poorest country in the world after the Democratic Republic of Congo. But Africa Check discovered the ranking is flawed.Is Zimbabwe really the ...Published: 17 Sep 2015 at 14:13hrs | | by Researched by Lebohang Mojapelo
Zimbabwe the poorest country? Only fools can buy this
The Global Finance Magazine, a US based publication with offices in London, has ranked Zimbabwe the second poorest country in its spurious survey of 184 countries. Can you believe?The survey i...Published: 21 Jul 2015 at 11:52hrs | | by John Sigauke
MDC-T calling for a new start that has already started
At Zimbabweans United for Democracy (ZUNDE) we welcome calls for united front as long as we are united in values, objectives and strategy. We view MDC-T call for a fresh start on these criteria a...Published: 16 Jul 2015 at 16:49hrs | 1 | by Farai Mbira ZUNDE President
Zimbabwe rated the second poorest country on earth
A global business magazine has ranked Zimbabwe the second poorest country in the world.But the news has been greeted with surprise by some Zimbabweans.The New York-based Global Fi...Published: 15 Jul 2015 at 09:46hrs | 26 | by Staff reporter
Zimbabwe needs a fresh start
If there was one thing that was palpably clear at the Itai Dzamara prayer meeting that was held at the Zimbabwe Grounds in Highfield, Harare, on Saturday, July 11, 2015, it was the fact that Zimb...Published: 14 Jul 2015 at 22:05hrs | | by Obert Gutu
When the bitch is back in heat!
I WILL share this one with you my reader. After all, my performance in the past weeks has been culpably erratic.So this other day a friend taps my shoulder, a sure sign aida kundibatisa (to co...Published: 21 Mar 2015 at 08:38hrs | 1 | by Nathaniel Manheru
Stanbic Bank Zimbabwe named best emerging markets bank
Stanbic Bank Zimbabwe has been named the Best Emerging Markets Bank in Zimbabwe by a US-headquartered financial magazine.This is the 22nd year that the Global Finance magazine has selecte...Published: 18 Mar 2015 at 05:45hrs | | by Staff reporter
Mugabe a charismatic leader
President Robert Mugabe has got a ubiquitous presence on the Zimbabwean political landscape. A charismatic figure who had the fortune of being at the right place at the right time. It is an open secre...Published: 24 Feb 2015 at 12:46hrs | 2 | by Stewart Murewa
'Gono’s intentions treacherous,' say Prof Moyo
THE ubiquitous and disappointing talk of the town last week was that the Governor of the Reserve Bank of Zimbabwe Gideon Gono had for some strange reasons decided to irrationally and irresponsibly thr...Published: 17 Feb 2013 at 12:21hrs | 2 | by Pro Jonathan Moyo
Greg Smith's resignation letter that cost Goldman Sucks $2.2 billion
TODAY is my last day at Goldman Sachs. After almost 12 years at the firm — first as a summer intern while at Stanford, then in New York for 10 years, and now in...Published: 15 Mar 2012 at 08:58hrs | 1 | by Greg Smith
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