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'Economy will grow 6%' insist Ncube (Tsvangirai mark 2) - not without real political change first
"Zimbabwe will be joining the group of six countries which have the fastest growing economies with a growth rate of six percent per annum which comprise Rwanda, Ghana, Tanzania and Ivory Coast," said ...Published: 2 hrs ago | 783 | by Patrick Guramatunhu
ED receives hero's welcome at UNGA
When a new baby is born in a family, everyone wants to see, hold and shower it with gifts. It is normal for family members to even suggest that that the baby should be named after them. So stiff...Published: 6 hrs ago | 3032 | by Elijah Chihota
Sanctions affect the man on the street sir
The newly appointed United States ambassador to Zimbabwe, Mr Brian Nicholas had an interesting interview with one of the pirate radio stations, Voice of America, wherein he was very economic with the ...Published: 8 hrs ago | 1398 | by Tafara Shumba
Zimbabwe will be among Africa's best six economies in two years
FINANCE and Economic Development Minister Prof Mthuli Ncube has said that Zimbabwe will join Africa's top six fastest growing economies in the next 24 months.He was addressing delegates at Zim...Published: 11 hrs ago | 3328 | by newzimbabwe.com
Edgars Zimbabwe to purchase Edcon's Africa business franchises?
Edcon Holdings' latest recovery plan includes closing chains including Red Square cosmetics and La Senza lingerie and attempting to lure their customers to its flagship Edgars clothing stores....Published: 12 hrs ago | 607 | by Staff writer
Zidera 2018 amendments Act, What does this mean for Zimbabwe?
TWO years ago, I completed my undergraduate studies and thus attained a Bachelor's Degree in Applied Accounting. The process towards attaining this qualification involved completing a research report ...Published: 12 hrs ago | 755 | by Terence Simbi
ZB in talks for $30m line of credit
ZB Financial Holdings (ZBFH) is in talks with a regional bank for a $30 million line of credit, which will enable ZB Bank, its commercial banking subsidiary, to support international transactions....Published: 12 hrs ago | 252 | by Staff reporter
6 die in kombi crash
Six people were killed, while three others were seriously injured near Juru Growth Point when the driver of the commuter omnibus lost control of the vehicle following a tyre burst, resulting in it vee...Published: 20 hrs ago | 563 | by Staff reporter
Mnangagwa's govt not yet ready to devolve power
Government is not yet ready to set up provincial and metropolitan councils, the Local Government ministry has said.Chapter 14 of the national charter deals with devolution of governmental powe...Published: 23 hrs ago | 693 | by Staff reporter
Government approves $400m 5-year diamond mining project
The government has approved a US$400 million five year diamond mining project to increase the value of returns in the capital intensive but viable industry.Renewed interest in the diamond mini...Published: 24 Sep 2018 at 18:21hrs | 1197 | by Staff Reporter
Blanket Mine’s gold output up 13%
GOLD output at Blanket Mine in Matabeleland South increased by 13 percent from 714, 000 ounces in August 2017, to 805, 000 ounces as at July 2018 on the back of an ongoing resource upgrade exercise. ...Published: 24 Sep 2018 at 09:58hrs | 109 | by Staff reporter
Zimbabwe clothing sector wants colonial era SA deal implemented
CLOTHING sector players have urged government to implement a colonial era Bilateral Trade Agreement (BTA) it signed with South Africa in 1964 in a bid to boost the local industry.Zimbabwe Clot...Published: 23 Sep 2018 at 09:07hrs | 2196 | by Staff reporter
Mthuli Ncube wants 'fiscal shock'
Newly-appointed Finance minister Mthuli Ncube would like to employ a "big bang" economic reform programme to the battered economy where unemployment is running above 80%, but recognises politics will ...Published: 23 Sep 2018 at 08:58hrs | 937 | by Staff reporter
New rules for Zimsec exams
SCHOOLS will no longer be allowed to collect examination papers days before the examination date but will collect and return each paper to the cluster centre on the day of sitting as part of measures ...Published: 23 Sep 2018 at 08:46hrs | 4440 | by Staff reporter
Mnangagwa's game-changing appointments
Zimbabwe is poised for massive economic take-off following the appointment of a confidence-inspiring Cabinet and permanent secretaries, experts have said.President Mnangagwa's Cabinet, already...Published: 23 Sep 2018 at 08:46hrs | 768 | by Staff reporter
Boost for Zimbabwe industry
Government is considering providing credit guarantees for offshore borrowings by private firms seeking funding amid reports local industries require at least $2 billion to retool.Industry and ...Published: 23 Sep 2018 at 08:40hrs | 384 | by Staff reporter
Mugabe's party has not disbanded
The Eunice Sandi Moyo-led National Patriotic Front yesterday dispelled claims by a rival faction of NPF led by retired Brigadier General Ambrose Mutinhiri that the party has been disbanded because it ...Published: 22 Sep 2018 at 19:22hrs | 4640 | by Staff reporter
Mnangagwa ready for new era of relations
President Emmerson Mnangagwa says Zimbabwe stands ready to enter a new era of relations with the United States of America and pursue economic cooperation and further re-ignite mutually beneficial trad...Published: 22 Sep 2018 at 12:21hrs | 5468 | by Staff reporter
African academic economists are a dangerous threat to Africa's future
It is sad, indeed dispiriting to read Professor Ayittey's article "Africa's Reform Conundrum and Zimbabwe's Tragedy", published in "The Zimbabwean" of 21st September 2018.You may think that to...Published: 22 Sep 2018 at 10:39hrs | 694 | by David Barber & Tendai Ruben Mbofana
Mnangagwa urged to ensure citizens participate in governance issues
PRESIDENT Emmerson Mnangagwa has been urged to ensure that there is citizen participation in governance issues as well as demilitarise and de-politicise functional commissions so that they are effecti...Published: 22 Sep 2018 at 09:27hrs | 104 | by Staff reporter
Mnangagwa has unveiled beacons of hope
The Second Republic under President Emmerson Mnangagwa has unveiled beacons of hope which, if not sabotaged by indolent or mischievous workers put in office by God to help rule this country, will go a...Published: 22 Sep 2018 at 09:26hrs | 347 | by Stephen Mpofu
Mnangagwa makes pitch for Zimbabwe at world stage
President Mnangagwa debuts at the UN next week, two months after his election in a poll that was declared free, fair and representative of the will of the people. He arrived in New York for the 73rd s...Published: 22 Sep 2018 at 09:16hrs | 696 | by Staff reporter
Mthuli Ncube sweats over funding
NEWLY-MINTED Finance minister Mthuli Ncube this week set sail for the United States, together with President Emmerson Mnangagwa, for the United Nations General Assembly in New York where he will engag...Published: 21 Sep 2018 at 14:46hrs | 7214 | by Staff reporter
'West must support ED and no regime change for 20 years' argued Mutsvairo - so why bother
"IF Western governments are sincere about political reforms in Zimbabwe, then they have to support President Emmerson Mnangagwa's new government," wrote Bruce Mutsvairo."There are no two ways ...Published: 21 Sep 2018 at 07:19hrs | 2388 | by Nomusa Garikai
Mnangagwa commits 1% of GDP to research
GOVERNMENT has committed 1% of gross domestic product (GDP) towards research and development (R&D) across all sectors of the economy, President Emmerson Mnangagwa has said.R&D supports...Published: 21 Sep 2018 at 07:03hrs | 341 | by Staff reporter
Devolution will develop provinces with natural resources
CHIVI South MP Killer Zivhu (Zanu PF) on Wednesday said devolution of power will enable provinces with mineral deposits to develop from their natural resources.Speaking to Southern Eye, Zivhu ...Published: 21 Sep 2018 at 06:58hrs | 351 | by Staff reporter
Currency reform answer to Zimbabwe's economic woes
THE success of the new Government's effort to transform the country's economy, both in the immediate and future term hinges on addressing the currency reform problem. The vision of the Government is t...Published: 21 Sep 2018 at 06:44hrs | 338 | by Bongani Ngwenya
Mthuli Ncube faces tough choices
Professor Mthuli Ncube, the new Finance and Economic Development Minister, is a nice man who would not want to ruffle any feathers. But he must be prepared to be branded an enemy by certain individual...Published: 21 Sep 2018 at 06:43hrs | 1158 | by Lovemore Chikova
'Chamisa must not waste time fighting Mnangagwa'
Newly-appointed Minister of State for Masvingo Provincial Affairs Ezra Chadzamira has called for unity in the province, saying there was need to end "political dogfights" and focus on development. ...Published: 21 Sep 2018 at 06:37hrs | 2050 | by Staff reporter
Forex crisis vexes Mnangagwa
AROUND mid-day on Tuesday, a decorated procession blasted off State House, its lash green lawns and flowering jacaranda trees complimenting to give breathtaking scenery.It was a long processio...Published: 20 Sep 2018 at 18:56hrs | 5124 | by Staff reporter
NetOne to launch hi-tech billing, support system
STATE-OWNED mobile operator, NetOne, is set to launch a state of the art converged billing and business support system which will offer seamless services to all the end users.NetOne says the l...Published: 20 Sep 2018 at 07:13hrs | 784 | by Staff reporter
Mthuli Ncube directs all traders to accept bond notes
Finance and Economic Development Minister Professor Mthuli Ncube has directed all traders to accept bond notes as they remain legal tender in the country. This comes as some unscrupulous whole...Published: 20 Sep 2018 at 06:27hrs | 1395 | by Staff reporter
Selborne Hotel in massive upgrade
THE Selborne Hotel, one of Bulawayo's oldest accommodation facilities, has embarked on a massive upgrade of its infrastructure in anticipation of increased business and attracting more clients. ...Published: 20 Sep 2018 at 06:22hrs | 488 | by Staff reporter
Mthuli Ncube, Mnangagwa in bond notes U-turn
Both President Emmerson Mnangagwa and new Finance minister Mthuli Ncube have ruled out the immediate return of the decommissioned Zimbabwe dollar, saying the country will for now continue to use bond ...Published: 19 Sep 2018 at 07:34hrs | 10883 | by Staff reporter
Amtec expands to Vic Falls
AMTEC Motors (Amtec), a local automotive dealer specialising in vehicle sales, spare parts and accessories and vehicle servicing, says it has positioned itself for future growth, buoyed by strong auto...Published: 19 Sep 2018 at 07:29hrs | 634 | by Staff reporter
Open for business starts with health funding, Mr Mnangagwa
ONE death is a death too many to justify. As the cholera outbreak ravaged populous Harare high-density suburbs Glen View and Budiriro for the second time within a decade, my heart grieves and prays th...Published: 19 Sep 2018 at 07:28hrs | 619 | by Cyprian M Ndawana
Edgars basks in high profit
LISTED clothing giant Edgars Group's profit after tax spiked to $1,9 million for the 26 weeks period ended July 8, 2018 compared to $567,499 in the same period last year, backed by growth in sales and...Published: 19 Sep 2018 at 07:00hrs | 305 | by Staff reporter
'US dollar to anchor Zimbabwe economic recovery'
PRESIDENT Mnangagwa has reassured the nation that the United States dollar will remain the bedrock of Government plans for accelerated reforms to address the multiplicity of challenges besetting the e...Published: 19 Sep 2018 at 06:44hrs | 1938 | by Staff reporter
Let's work beyond call of duty, says Mliswa
NEWLY-appointed Minister of State for Mashonaland West Provincial Affairs Mary Mliswa says the province will develop through consolidation of agriculture, mining and tourism. This, Minister Ml...Published: 19 Sep 2018 at 06:41hrs | 299 | by Staff reporter
Mnanagwa's turning point
PRAGMATISM. That could be the word we were looking for to describe President Mnangagwa's approach and philosophy as he conducts business as leader of both Zanu-PF - the ruling party - and Government. ...Published: 19 Sep 2018 at 06:34hrs | 2671 | by Tichaona Zindoga
Mthuli Ncube moves to stabilise forex markets
The Government has negotiated several foreign currency facilities that are set to ease liquidity challenges in the economy, as well as curb parallel forex market activity, President Mnangagwa said tod...Published: 18 Sep 2018 at 16:33hrs | 5379 | by Staff reporter
Mnangagwa on real economic test
Barely in less than month since the president has Emmerson Mnangagwa assumed the office, a number of striking developments have taken place. In his November inaugural speech last year, the focus was o...Published: 18 Sep 2018 at 11:12hrs | 3262 | by Sithabile Mafu
Stunted exploration to stifle Zimbabwe gold output growth
Fidelity Printers and Refiners (Fidelity), the country's sole gold buyer, says gold output could hit 50 tonnes in two years on the back of a central bank support to the small-scale mining sector, but ...Published: 18 Sep 2018 at 07:43hrs | 424 | by Staff reporter
US$ black market rate spirals
Exchange rates on Zimbabwe's parallel market have risen sharply in the past week to 100% for real time gross settlement (RTGS) transfers, triggering fears of more price increases.Zimbabwe's ch...Published: 18 Sep 2018 at 07:42hrs | 4476 | by Staff reporter
Angry bar owner shoots patron over stolen cattle
A 34-YEAR-OLD Goromonzi man is lucky to be alive after a bar owner shot him on the thigh for refusing to vacate the premise on allegations that he once stole the businessman's cattle sometime in 2016....Published: 18 Sep 2018 at 07:09hrs | 1087 | by Staff reporter
Vendors blitz spreads to Masvingo as soldiers, police clear city
THE police blitz on vendors in major towns has spread to Masvingo, with soldiers and the police clearing the city at the weekend as government responds to the outbreak of cholera that has claimed 30 l...Published: 18 Sep 2018 at 06:40hrs | 663 | by Staff reporter
'Banks have let Bulawayo down'
A NUMBER of viable manufacturing projects in Bulawayo have remained stagnant and failed to take off for years due to lack of affordable credit lines from banks, entrepreneur and one of Bulawayo's few ...Published: 18 Sep 2018 at 06:33hrs | 527 | by Staff reporter
What does investment look like on the ground in Zimbabwe?
LAST week I was at the African Studies Association of the UK (ASA) conference in Birmingham. I was co-hosting, with my colleague Jeremy Lind (whose earlier blog this one draws from), a fantastic strea...Published: 18 Sep 2018 at 06:31hrs | 356 | by Ian Scoones
Zimbabwe inflation breach danger zone
Zimbabwe's annual inflation rate rose 0,54 percent to 4,83 percent in the month of August, latest figures from the Zimbabwe National Statistics Agency (ZimStats) show. This was a marginal uptu...Published: 18 Sep 2018 at 06:28hrs | 662 | by Staff reporter
Mnangagwa chairs first Second Republic Cabinet
President Mnangagwa yesterday chaired the first Cabinet meeting under the Second Republic where he introduced a new approach on the conduct of Government business and tasked the new ministers to ident...Published: 18 Sep 2018 at 06:25hrs | 454 | by Staff reporter
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