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Mthuli Ncube says Zimbabwean's economy is booming
Finance and Investment Promotion Minister, Mthuli Ncube, has stated that Zimbabweans should embrace the current favorable economic conditions, emphasizing that the country's economy is thriving....Published: 19 Sep 2023 at 06:31hrs | 1031 | by Staff reporter
Zimbabwe tertiary students moan fee hikes
University students across Zimbabwe have bemoaned the recent hike in tuition and accommodation fees, while some have taken the matter to the courts.Other students failed to access their result...Published: 29 Aug 2023 at 07:07hrs | 463 | by Staff reporter
No single individual, group, or political party can fight an entrenched dictator alone
Whatever happens in Zimbabwe on 23 August 2023, we must pay homage to both President Mnangagwa and his challengers for the prevailing peace in this hotly contested plebiscite. The receptivity of Presi...Published: 21 Aug 2023 at 14:22hrs | 21 | by Sam Wezhira
Next Zimbabwe President faces uphill task
ZIMBABWE is facing a host of pressing challenges that voters dearly want the next president to address. Persistently high inflation, elevated interest rates, and a slumping and volatile Zimbabwe dolla...Published: 17 Aug 2023 at 06:52hrs | 7 | by Jonathan Munemo
Chiwenga says govt will be merciless with perpetrators
VICE–PRESIDENT Constantino Chiwenga says government will be merciless with perpetrators of political violence in the run-up and after the August 23 elections.Chiwenga said this yesterday whi...Published: 25 Jul 2023 at 06:48hrs | 3 | by Staff reporter
Zimdollar recovery diminishes telecommunications services providers' tariff hikes prospects
THE steady recovery of the ZW$ in recent weeks almost diminishes recent calls by mobile telecommunications services providers, making it difficult to ascertain where exactly to place the peg.T...Published: 20 Jul 2023 at 06:49hrs | | by Staff reporter
Casino Tourism in Norway: Why to Visit
In recent years, casino tourism has become quite popular all over the world. This is especially true in Norway, as the country manages to attract thousands of travelers from all corners of the globe e...Published: 12 Jul 2023 at 08:53hrs | 2 | by David C. Santana
Mnangagwa accuses Indian business people of hoarding basic goods
President Emmerson Mnangagwa has issued a stern warning to the business sector and specifically targeted Indians, accusing them of stockpiling basic supplies to create artificial shortages and boost p...Published: 03 Jul 2023 at 16:10hrs | | by Staff reporter
Makoni voters urged to reward Mnangagwa
Voters in Makoni District have been urged to vote for Zanu-PF in the forthcoming harmonised elections as the party has performed wonders in the last five years through various infrastructure developme...Published: 03 Jul 2023 at 07:03hrs | 2 | by Staff reporter
Mnangagwa dangles boreholes in campaign
PRESIDENT Emmerson Mnangagwa yesterday went a gear-up in his election promises pledging to drill forty boreholes at every district where he addresses a Zanu-PF campaign rally.Mnangagwa made th...Published: 02 Jul 2023 at 07:46hrs | 4 | by Staff reporter
Zimbabwean business fears its government will interfere with the exchange rate
ZIMBABWEAN businesses fear that President Emerson Mnangagwa's administration, which is blaming foreign companies of inflating prices ahead of a key election in August, could resort to interfering with...Published: 26 Jun 2023 at 06:52hrs | 11 | by Staff reporter
Kasukuwere to test Mnangagwa's democratic credentials
LATE afternoon on Tuesday, Zimbabwe's Twitter was all about Passenger 34. He was trending all night and into Wednesday, the day the Nomination Court was sitting. Passenger 34 did not arrive as...Published: 25 Jun 2023 at 18:23hrs | 3 | by Staff reporter
Zimbabwe business jittery as electioneering goes a gear up
The business community fears that the government could resort to exchange rate control to manage inflation and price increases. Picture: Shepherd TozvirevaZimbabwean businesses fear that Presi...Published: 25 Jun 2023 at 09:37hrs | | by Staff reporter
Telcos hikes Zimdollar tariffs
ZIMBABWE'S mobile network operators have reviewed their tariffs in Zimdollar as the sector battles to offset rising costs and maintain operations in the face of inflationary pressures triggered by the...Published: 22 Jun 2023 at 06:43hrs | | by Johannes Marisa
'Full dollarisation suicidal for Zimbabwe'
THE Reserve Bank of Zimbabwe (RBZ) has warned against full dollarisation as the economy battles exchange rate volatility which has triggered astronomical price hikes.In 2008, the country ditch...Published: 20 Jun 2023 at 18:39hrs | 2 | by Staff reporter
Zimbabwe consumers in a fix
As Zimbabweans continue to battle with a failing economy, increases in prices of basic commodities has pushed many into abject poverty.A recent survey conducted by Standardbusiness indic...Published: 18 Jun 2023 at 08:40hrs | | by Staff reporter
Prices, currency manipulation is corruption, says Zacc
THE Zimbabwe Anti-Corruption Commission (Zacc) has described the country's rampant price hikes and alleged currency manipulation as corruption.Speaking during a National Anti-Corruption Strate...Published: 17 Jun 2023 at 08:10hrs | | by Staff reporter
Mnangagwa singles out Innscor pricing system
PRESIDENT Mnangagwa yesterday singled out diversified conglomerate Innscor as one of the businesses that have been unjustifiably raising prices of basic commodities such as bread leading to the suffer...Published: 16 Jun 2023 at 08:37hrs | 2 | by Staff reporter
Zimbabweans resort to comedy to cope with failing economy
Zimbabweans are resorting to comic relief in the face of a failing economy, as the local currency loses value by the day. After all, laughter is the best medicine.This week, government workers...Published: 16 Jun 2023 at 08:19hrs | 2 | by Staff reporter
Convergence of official and unofficial exchange rates possible, says IMF
THE International Monetary Fund has urged Zimbabwe to take further steps on currency reform after the southern African nation stopped short of free-floating its local dollar. The credibility a...Published: 14 Jun 2023 at 06:32hrs | | by Staff reporter
Zimdollar rescue mission too late
THE surprise move by Zimbabwe's fiscal and monetary authorities to liberalise the foreign exchange policy after months of shillyshallying amid a fixed rate could be a case of closing the stable door a...Published: 12 Jun 2023 at 06:45hrs | 2 | by Staff reporter
RBZ threatens to shut down businesses, prosecute directors over price hikes
The Reserve Bank of Zimbabwe on Friday threatened "punitive measures" against businesses accused of "illegal forward pricing practices thereby manipulating the foreign exchange rate.""In terms...Published: 10 Jun 2023 at 17:53hrs | 2 | by Staff reporter
Zimbabwe's August 23 elections are already rigged
Forever Associates of Zimbabwe (Faz) is, in deed, a new kid on the block, even though it's not that new.It's new in the sense that while it was established as a trust way back in 2012, it hasn...Published: 04 Jun 2023 at 08:36hrs | 1 | by Tawanda Majoni
Gweru in weekly parking fee hike
GWERU City Council increased parking fees from $2 200 to $3 000 per hour with effect from yesterday, barely a week after it effected another increment.The previous fee increase was on May 26....Published: 02 Jun 2023 at 06:46hrs | | by Staff reporter
Chamisa blames Mnangagwa for soaring prices
CITIZENS Coalition for Change (CCC) President Nelson Chamisa has blamed President Emmerson Mnangagwa and Finance Minister Mthuli Ncube for Zimbabwe's runaway inflation that has seen prices of basics g...Published: 01 Jun 2023 at 06:56hrs | | by Staff reporter
Zimbabwe govt to cushion workers' salaries
Civil servants salaries will soon be reviewed to cushion them from price hikes as the Government remains resolute in supporting and improving the welfare of its workers, a Cabinet Minister has said....Published: 01 Jun 2023 at 06:39hrs | | by Staff reporter
Jonathan Moyo issues a warning
EXILED former cabinet minister, Jonathan Moyo has warned that the recent threats by Finance minister Mthuli Ncube to crack down on businesses over price hikes will only worsen the already dire situati...Published: 29 May 2023 at 06:41hrs | 4 | by Staff reporter
Zimdollar not going anywhere
THE Treasury has assured the market of continued usage of the local currency and that deliberate steps are being taken to strengthen its value so as to restore consumer purchasing power and buttress t...Published: 29 May 2023 at 06:32hrs | | by Staff reporter
Massive price hikes throw the Zimbabwe economy into turmoil
THE Zimbabwean government is having sleepless nights over price hikes, which have continued unabated, plunging low-income earners into immense poverty, a snap survey by The NewsHawks.Commodity...Published: 28 May 2023 at 17:54hrs | 3 | by Staff reporter
Mnangagwa govt fails to rig price hikes
The Reserve Bank of Zimbabwe (RBZ) has frozen bank accounts of four major distributors of basic commodities as President Emmerson Mnangagwa's government scrambles to find solutions to soaring prices a...Published: 28 May 2023 at 08:09hrs | 2 | by Staff reporter
Zimbabwe toothpaste maker faces closure
The country's only toothpaste maker - Merken- is in danger of going out of business following the government's decision to allow the unfettered entry of the products it manufactures into the country, ...Published: 28 May 2023 at 08:07hrs | | by Staff reporter
Mthuli Ncube confronts Osiphatheleni
THERE was drama around Tredgold Building, which houses the Bulawayo Magistrate Courts yesterday, as illegal money changers ran away at the sight of the Minister of Finance and Economic Development, Pr...Published: 28 May 2023 at 08:03hrs | | by Staff reporter
Mthuli Ncube threatens crackdown on businesses
THERE was drama around Tredgold Building that houses the Bulawayo Magistrates Courts yesterday, as illegal money changers ran away at the sight of the Minister of Finance and Economic Development, Pro...Published: 28 May 2023 at 07:59hrs | | by Staff reporter
Zimdollar in record crash
THE Zimbabwe dollar tumbled by nearly 26% on the official market on Tuesday, the biggest collapse in one day since the auction system was introduced three years ago, while a government inquiry accused...Published: 25 May 2023 at 06:24hrs | 4 | by Staff reporter
Zimdollar rates race to 3,000
In a significant blow to Zimbabwe's economy, the country's dollar experienced a sharp decline of 26 percent during Tuesday's foreign-exchange auction, a Bloomberg report said. The official exchange ra...Published: 24 May 2023 at 17:12hrs | | by Staff reporter
Are Zimbabwe retailers dumping goods on the streets?
Vendors in the country's major cities and towns have literally invaded all strategic points, including verandas of big retail shops, selling a variety of goods including basic commodities in foreign c...Published: 23 May 2023 at 06:41hrs | | by Staff reporter
To see the saboteur, Mr President, look in the mirror
NewsdayHAVE we seriously gone back to blaming ghosts and shadows for the economy bottoming out?Are we going to be turning every stone, nook, and cranny looking for perceived "saboteurs...Published: 23 May 2023 at 06:40hrs | | by Staff reporter
Mnangagwa in panic mode
PRESIDENT Emmerson Mnangagwa has pressed the panic button over galloping prices of basic commodity as he accused retailers of plotting his defeat ahead of the August elections. Retailers last ...Published: 22 May 2023 at 06:40hrs | 1 | by Staff reporter
Zimbabwe govt takes price madness head-on
Government, whose responsibility is to protect the consumer and ensure stability, will "take all measures necessary", including painful ones if need be, to ensure price stability, the President has sa...Published: 21 May 2023 at 08:02hrs | | by Staff reporter
Mthuli Ncube weaponising foreign trade to fight local firms
ZIMBABWE'S rulers think that it is within their rights to destroy their economy and turn to neighbours for stop gap solutions.This weird belief was passed from the late strongman, Robert Mugab...Published: 20 May 2023 at 19:58hrs | 1 | by Staff reporter
Anger mounts in Zimbabwe as prices rocket
ZIMBABWE'S currency further crashed this week, precipitating waves of basic commodity price hikes, which were slammed by consumer watchdogs.In a survey, the Zimbabwe Independent found that man...Published: 19 May 2023 at 20:42hrs | 2 | by Staff reporter
Zimgold unfazed by SA imports
ONE of Zimbabwe's leading cooking oil producers, Zimgold Oil Industries said this week it was not worried about prospects of stiffer competition after government's decision to lift restrictions on the...Published: 19 May 2023 at 20:42hrs | | by Staff reporter
Mnangagwa's govt digs in on steep nomination fees
JUSTICE, Legal and Parliamentary Affairs minister Ziyambi Ziyambi says the high nomination fees for the elections this year will not be reduced and told opposition parties to "stop wasting their time"...Published: 18 May 2023 at 05:40hrs | 1 | by Staff reporter
Mnangagwa's govt claims sabotage
GOVERNMENT has accused retailers of sabotaging the economy through speculative pricing and hiding goods from shop shelves.In a post-Cabinet Press briefing, Information and Broadcasting ministe...Published: 17 May 2023 at 21:23hrs | 1 | by Staff reporter
Zimbabwe central bank confident of price stability
ABOUT $40 billion, some of which could have found its way onto the black market, has been mopped up from the market in less than 10 months through gold coins and gold-backed digital tokens, in a devel...Published: 14 May 2023 at 11:32hrs | | by Staff reportetr
Mnangagwa's govt to investigate the latest spate of basic commodity price hikes
A CABINET committee has been set up to investigate the latest spate of basic commodity price increases as Government moves to ensure corrective measures are taken to protect consumers. The int...Published: 10 May 2023 at 05:57hrs | | by Staff reporter
Outcry over school fees hike
SCHOOLS open today for the second term with parents and guardians raising concerns over sharp increases in fees amid economic turmoil.The unaffordable fees demanded by schools follow revelatio...Published: 09 May 2023 at 06:05hrs | 12 | by Staff reporter
Ministry engages industry over price hikes
The Government is engaging the manufacturing and retail sectors with a view of establishing their operational challenges and arresting business malpractices causing unprecedented consumer price hikes....Published: 09 May 2023 at 06:01hrs | | by Staff reporter
Outcry over school fees hike
SCHOOLS open today for the second term with parents and guardians raising concerns over sharp increases in fees amid economic turmoil.The unaffordable fees demanded by schools follow revelatio...Published: 08 May 2023 at 06:13hrs | 1 | by Staff reporter
Bread price jumps 109% in Zimbabwe
THE average price of a standard loaf of bread shot to $1 800 which is equivalent to US$1,70 at the official exchange rate of $1 059,60 to the greenback.This represents a 109% hike on the $860 ...Published: 03 May 2023 at 06:07hrs | 1 | by Staff reporter
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