Search / Growth
Mthuli Ncube's 2% tax threatens mines operations
THE mining sector survey says the 2% transactional tax imposed last month has resulted in price increases across the value chain, which, if not reviewed, would lead to suspension of operations by some...Published: 2 hrs ago | 135 | by Staff reporter
Zimbabwe could be China's economic gateway to Sub-Saharan Africa
Anti-Chinese rhetoric in Africa can only be mitigated by the pursuit of stronger economic ties between the Asian giant and countries on the continent, including Zimbabwe. The Southern African ...Published: 2 hrs ago | 119 | by Staff reporter
Mnangagwa's 'Thank You Rallies' to start
PRESIDENT Mnangagwa heads to Mashonaland West province this weekend as he launches his "Thank You Rallies" to express his gratitude to the people who voted for him and Zanu-PF in the July 30 harmonise...Published: 2 hrs ago | 151 | by Staff reporter
CZR wants 2% tax scrapped
THE Confederation of Zimbabwe Retailers (CZR) is pleading with Government to review the two percent tax on electronic transactions, which it claims is being abused by some unscrupulous entities to des...Published: 2 hrs ago | 92 | by Staff reporter
Mnangagwa heads to Mashonaland West
PRESIDENT Mnangagwa heads to Mashonaland West this weekend as he launches "Thank You Rallies" to express gratitude to the people who voted for him and Zanu-PF in the July 30 harmonised elections. ...Published: 2 hrs ago | 421 | by Staff reporter
The new dispensation: One year on
This week last year Zimbabwe went through the epoch-making Operation Restore Legacy which culminated in the resignation of former President Robert Mugabe on 21 November and the ascension of President ...Published: 15 hrs ago | 1320 | by Nobleman Runyanga
Mnangagwa govt told to dollarise now
Daily News writer Pauline Hurungudo interviews Steve Hanke, a professor of applied economics at The Johns Hopkins University and senior fellow at the Cato Institute.Over four decades, Hanke ha...Published: 16 hrs ago | 6051 | by Staff reporter
'China can assist with Zimbabwe re-industrialisation'
China has the potential to finance Zimbabwe's re-industrialisation strategy following a significant increase in trade between the two countries, economic analysts have said.This comes as China...Published: 19 hrs ago | 793 | by Staff reporter
Barking at the wrong tree
It all came down to me in the strangest place of all the places one can imagine. There I was, sitting in my Chinese class where I came to the realization that that My President - E.D Mnangagwa is bark...Published: 19 Nov 2018 at 07:29hrs | 1519 | by Nicholas Nhau
One year after 'Asante Sana', coup sounds still rumbling
One Tuesday, November 14 2017, military elites took control of all security arms of government and moved tanks into Harare's central business district to take control of government. Four hundred and f...Published: 19 Nov 2018 at 06:14hrs | 1826 | by Pearl Matibe
Eddie Cross gives economy thumbs up, scoffs at doomsayers
The country's economy is on a sound footing due to Government policy initiatives that have seen growth in the GDP and exports among other indicators, former MDC-T policy advisor Mr Eddie Cross has sai...Published: 19 Nov 2018 at 05:52hrs | 1776 | by Staff reporter
Mthuli Ncube hints on confidence measures
The Minister of Finance and Economic Development, Professor Mthuli Ncube has hinted on confidence rebuilding measures in his 2019 national budget to be presented on Thursday this week.The nati...Published: 18 Nov 2018 at 11:49hrs | 3987 | by Staff reporter
Diamonds output increases
THE Zimbabwe Consolidated Diamond Company has recorded a 54 percent jump in after Government extended US$80 million to recapitalise the company.ZCDC was created by Government under Special Gra...Published: 18 Nov 2018 at 07:32hrs | 145 | by Staff reporter
Where are you Mr President ED Mnangagwa
First off, let me confess that I was the happiest man to see you ascend to the post of the President of Zimbabwe but that euphoria is quickly running thin.My dismay has many sources but today ...Published: 16 Nov 2018 at 15:14hrs | 7568 | by Sam Wezhira
Mnangagwa launches Zimbabwe National Defence University
The Commander in Chief of the Zimbabwe Defence Forces Emerson Mnangawa on Friday officially launched the Zimbabwe National Defence University (ZNDU). The launch was held...Published: 16 Nov 2018 at 12:48hrs | 3436 | by Mandla Ndlovu
Leisure resort forced to close by raw sewage
BULAWAYO's collapsing sewerage system has been blamed for the closure of one of the city's prime tourist attractions, Umguza Yacht Club, as raw affluent from treatment plants is being discharged into ...Published: 16 Nov 2018 at 06:03hrs | 418 | by Staff reporter
Zimbabwe should start embracing agrobusiness as priority of turning around the economy
Agriculture have to be in the centre stage in plans for the revival of Zimbabwe's ailing economy. Getting agriculture moving in Zimbabwe is a big task. The radical land reform of 2000 has left many ou...Published: 15 Nov 2018 at 14:02hrs | 844 | by Enos Denhere
Modi invited to India gold summit
THE Deputy Minister of Industry and Commerce, Raj Modi, has been invited by the Gem and Jewellery Export Promotion Council of India (GJPEC) to participate in the second edition of the India Gold and J...Published: 15 Nov 2018 at 05:49hrs | 595 | by Staff reporter
A timeline of how Zimbabwe lost its currency
Today, November 14, marks the 21st anniversary of "Black Friday", the day the Zimbabwe dollar crashed in 1997.We track the Zimdollar's collapse from that fateful November day, and the many des...Published: 14 Nov 2018 at 15:10hrs | 3061 | by newZwire with The Source
Mnangagwa's govt and Zimbabwe banks should carry own cross
If there is anything that we could learn from the global economic crisis of 2008, it is that excessive risk-taking, manipulation and poor hedging often result in huge enterprise and economic losses. T...Published: 14 Nov 2018 at 09:39hrs | 2459 | by Equity Axis
'I have Thatcher's iron lady resolve,' says ED - rigged election for iron grip on power, must prise free
"WHEN Margaret Thatcher was elected UK prime minister in 1979, she recognised that piecemeal change would not be sufficient to tackle the problems of labour unrest, rampant inflation and economic stag...Published: 14 Nov 2018 at 09:05hrs | 1372 | by Patrick Guramatunhu
Mnangagwa says accept 'painful' economic reforms
PRESIDENT Mnangagwa says Zimbabwe will undergo a "painful" reform process to achieve transformation and modernisation of the economy. Government has already begun implementing some austerity m...Published: 14 Nov 2018 at 05:45hrs | 678 | by Staff reporter
We have no choice, but to embark on painful reforms
When Margaret Thatcher was elected UK prime minister in 1979, she recognised that piecemeal change would not be sufficient to tackle the problems of labour unrest, rampant inflation and economic stagn...Published: 14 Nov 2018 at 05:39hrs | 414 | by E.D. Mnangagwa President
Building value chains, skills for Vision 2030
Zimbabwe aspires to be an upper middle-income economy with a per capita income of US$3 500 by 2030. This requires fundamental transformations and shifts in the economy. Our Transitional Stabil...Published: 14 Nov 2018 at 05:35hrs | 208 | by Emerson D. Mnangagwa
No going back on austerity measures, says Mnangagwa
President Mnangagwa says Zimbabwe will undergo a "painful" reform process to achieve transformation and modernisation of the economy. Government is already implementing austerity measures and ...Published: 14 Nov 2018 at 05:33hrs | 498 | by Staff reporter
Zimbabwe inflation hits the 20.8% mark, RBZ targets 7%
Zimbabwe's annual inflation rose sharply to a record 20.8 percent in October after it gained 15.46 percentage points from the September rate of 5.39 percent. The Consumer Price Index (CPI) for...Published: 13 Nov 2018 at 16:03hrs | 1539 | by Staff reporter
The online casino boom in Africa
- The Facts and Figures - How is the market growing? - Phone Use Across Africa - Is this the new way to access online casino sites? - Legislation Across the Continent - Operato...Published: 13 Nov 2018 at 15:08hrs | 463 | by Staff Reporter
Settling land compensation issue vital for Zimbabwe's economy
IN his inaugural address, the new President of Zimbabwe, Emmerson Mnangagwa, confirmed that land reform was both historically necessary and irreversible.He also made a commitment to compensate...Published: 13 Nov 2018 at 06:09hrs | 293 | by Ian Scoones
A human life over debt arrears
ON Saturday, Chalton Hwende, deputy treasurer-general of the MDC Alliance confirmed an attempted abduction of the party's president, Nelson Chamisa after a 'thank you' rally for their supporters at Ru...Published: 13 Nov 2018 at 05:56hrs | 421 | by Pearl Matibe
Japan supports Zimbabwe in cybercrime fight
Japan is set to extend grant aid of $3,6 million (390 million yen) to Zimbabwe for the provision of cyber security equipment. The equipment will be used by the Zimbabwe Republic Police in conj...Published: 13 Nov 2018 at 05:45hrs | 142 | by Staff reporter
Tsholotsho community build own Zibalongwe Secondary School
BACKGROUND TO THE ZIBALONGWE SECONDARY SCHOOL PROJECTTsholotsho rural district residents at large face serious life challenges which include poverty, crime, unemployment, and a huge number of tee...Published: 12 Nov 2018 at 16:25hrs | 978 | by Staf reporter
30 Chinese investors Zimbabwe bound
A high powered delegation of over 30 Chinese investors from Anhui Province is expected in the country tomorrow to explore the vast investment opportunities available in the various sectors of the econ...Published: 12 Nov 2018 at 05:56hrs | 846 | by Staff reporter
Money is the root of all evil
We all use money every day and yet few of us really understand what these bits of paper or cotton or simply figures in a ledger really mean. But we know the stuff is important.In economic term...Published: 12 Nov 2018 at 05:38hrs | 990 | by Eddie Cross
Inflation likely to stabilise, says Mangudya
Reserve Bank of Zimbabwe (RBZ) governor John Mangudya says inflation is likely to stabilise around 7% in the medium term.Giving his presentation during the pre-budget seminar in Bulawayo last ...Published: 12 Nov 2018 at 05:33hrs | 825 | by Staff reporter
Mnangagwa doing things differently from Mugabe
Much to the chagrin of the opposition dictatorship, Nkosana Moyo predicted, well before the elections, that a President Emmerson Mnangagwa would do things, (not necessarily well), but certainly differ...Published: 11 Nov 2018 at 12:55hrs | 3453 | by Zifiso Masiye
Panic as military chopper lands in Jerera
People at Jerera growth point and surrounding areas were thrown into jitters last Thursday after an army helicopter landed twice in the area.Various leaders in Zaka confirmed that there was an...Published: 11 Nov 2018 at 10:12hrs | 3958 | by Staff reporter
Bulawayo bans Harare companies from its tenders
THE Bulawayo City Council will consider awarding all tenders for the provision of goods and services to the local authority to companies operating within its jurisdiction as part of its efforts to ens...Published: 11 Nov 2018 at 09:29hrs | 1179 | by Staff reporter
Economic Dialogue: Building value chains, skills for Vision 2030
Zimbabwe aspires to be an upper middle-income economy with a per capita income of US$3 500 by 2030.This requires fundamental transformations and shifts in the economy. Our Transitional Stabili...Published: 11 Nov 2018 at 09:29hrs | 64 | by HE Emmerson D Mnangagwa
Emmerson Dambudzo Mnangagwa Law School set for Kwekwe
PRESIDENT Mnangagwa has said Zimbabwe is not only Open for Business but for dialogue too, as it forges ahead with engaging locals and foreigners in its quest to attain a middle class economy by 2030....Published: 11 Nov 2018 at 09:27hrs | 354 | by Staff reporter
SA scraps 54-year-old bilateral trade agreement with Zimbabwean
Fears of significant job losses in the textiles and clothing sector have arisen after Archer Clothing in Bulawayo laid off 200 workers following South Africa's decision to scrap a 54-year-old bilatera...Published: 11 Nov 2018 at 09:25hrs | 1794 | by Staff reporter
Condom uptake on the rise
The National Aids Council has installed 400 condom dispensers at tertiary institutions, hospitals, hotels, drinking spots and other public places across Zimbabwe as part of efforts to curb the spread ...Published: 11 Nov 2018 at 09:20hrs | 182 | by Staff reporter
'2019 budget deficit will be 4% of GDP'
FINANCE minister Mthuli Ncube has indicated that the 2019 national budget would reduce budget deficit to 4% of gross domestic product (GDP) in 2019, and subsequently to 2,4% in the following year....Published: 10 Nov 2018 at 11:04hrs | 1477 | by Staff reporter
Mnangagwa launches supplementary feeding programme in Matabeleland North
FIRST Lady Auxilia Mnangagwa yesterday launched a supplementary feeding scheme aimed at curbing malnutrition and stunting in children aged between 6 and 59 months in Matabeleland North province....Published: 10 Nov 2018 at 09:27hrs | 595 | by Staff Reporter
Zanu-PF perpetuating poverty
Would you believe that your poverty is being created by your own government? I know it is hard to believe, but here is the story.Daron Acemoglu and James A. Robinson in their 2012 seminal book...Published: 09 Nov 2018 at 15:37hrs | 462 | by Vivid Gwede
Residents reject proposed budget
The Zvishavane Town Council has been conducting 2019 budget consultations with stakeholders.However, Zvishavane Residents and Rate Payers Association say they will not give the proposed ...Published: 09 Nov 2018 at 15:22hrs | 475 | by Staff Reporter
RBZ boss refuses to scrap bond notes
RESERVE Bank of Zimbabwe (RBZ) Governor Dr John Mangudya yesterday defended the use of bond notes saying the real cause of problems facing the economy was not the surrogate currency but ballooning ele...Published: 09 Nov 2018 at 05:02hrs | 5761 | by Staff reporter
Mnangagwa warns against abuse of funds
The Second Republic does not tolerate siphoning of public funds for personal gain and such criminal propensities will leave offenders in jail, President Mnangagwa said yesterday. Addressing de...Published: 09 Nov 2018 at 05:00hrs | 520 | by Staff reporter
Banks fear hyperinflation return in plea for Zimbabwe reforms
Zimbabwean banks urged the government to introduce wide-ranging reforms amid signs the country is facing an economic crisis reminiscent of a hyper-inflationary spiral a decade ago.Finance Mini...Published: 08 Nov 2018 at 19:13hrs | 4044 | by Bloomberg
Of corruption, misplaced priorities and inefficient service delivery
There are quite a number of factors that affect service delivery in most towns and cities. Mostly, service delivery is as a result of poor management, corruption and misplaced priorities by local muni...Published: 08 Nov 2018 at 13:53hrs | 1062 | by Sibusiso Ndlamini
IMF team arrives in Zimbabwe for consultations
An International Monetary Fund (IMF) team arrived in the country yesterday for the annual Article IV consultations - with discussions likely to focus on the country's monetary and fiscal policies, sta...Published: 08 Nov 2018 at 05:27hrs | 874 | by Staff reporter
Load More Stories
