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RBZ hikes limits for mobile money and electronic transactions
Zimbabwe's Reserve Bank (RBZ) has announced an increase in transaction limits for mobile money and electronic transfers, a move aimed at addressing the challenges posed by rising inflation and fluctua...Published: 02 Nov 2024 at 08:49hrs | 5101 | by Staff reporter
Gweru makes it expensive to die
Residents of Gweru are expressing their outrage over the Gweru City Council's (GCC) proposed 2025 budget, which includes significant increases in cemetery fees, some rising by more than 100 percent. T...Published: 25 Oct 2024 at 08:47hrs | 370 | by Staff reporter
Zimbabwean Mine Workers Demand Cost of Living Adjustments Amid Economic Crisis
Harare, Zimbabwe - The National Employment Council for the mining industry has received a petition calling for immediate cost of living adjustments to mine workers' salaries. The plea comes in respons...Published: 16 Oct 2024 at 17:03hrs | 724 | by Stephen Jakes
Zimbabwe govt says 'no shortages of basic commodities'
The Government has dismissed claims of shortages of basic commodities in the formal market, attributing the perceived scarcities to economic agents redirecting supplies to the informal sector. In a po...Published: 15 Oct 2024 at 08:28hrs | 163 | by Staff reporter
Mnangagwa, central bank deliver damp squibs
President Emmerson Mnangagwa's recent State of the Nation Address (Sona) has come under heavy criticism from leading economists, who say it lacked concrete solutions to arrest the nation's spiraling e...Published: 11 Oct 2024 at 18:33hrs | 1319 | by Staff reporter
Mnangagwa govt warns errant businesses
Finance, Economic Development, and Investment Promotion Minister, Professor Mthuli Ncube, has issued a stern warning to unscrupulous business operators seeking to exploit the exchange rate for persona...Published: 05 Oct 2024 at 17:25hrs | 3436 | by Staff reporter
Mnangagwa's SONA lacks solutions
President Emmerson Mnangagwa's recent State of the Nation Address (Sona) has faced sharp criticism for failing to address Zimbabwe's pressing crises, leaving many feeling uninspired and disillusioned....Published: 04 Oct 2024 at 08:48hrs | 299 | by Staff reporter
Zinasu protests ZiG devaluation
The Zimbabwe National Students Union (Zinasu) has voiced its concerns over the rapid devaluation of the local currency, warning that it will exacerbate the already difficult conditions faced by studen...Published: 01 Oct 2024 at 09:04hrs | 209 | by Staff reporter
Zimbabwe urged to emulate Kenya's GenZ digital activism
Zimbabwean youths are being encouraged to take inspiration from their Kenyan counterparts, who effectively leveraged digital media to mobilize for socio-economic change in their country. The call for ...Published: 30 Sep 2024 at 07:51hrs | 254 | by Staff reporter
Zimbabwe urged to ditch 'command' exchange rate
The government of Zimbabwe is facing increasing pressure to abandon its "command" exchange rate for the Zimbabwe Gold (ZiG) currency, introduced in April, as businesses struggle to cope with currency ...Published: 25 Sep 2024 at 09:21hrs | 3961 | by Staff reporter
Currency crisis piles more misery on fragile Zimbabwe economy
Leading economists have raised concerns over the potential economic impact of the recent waves of price hikes and currency volatility, which threaten to further destabilize an already fragile economy....Published: 20 Sep 2024 at 13:12hrs | 3491 | by Staff reporter
Bulawayo residents face rates hike
Bulawayo residents may face higher rates and rentals next year as the city council considers revising various levies, along with introducing special road and water levies. This was revealed during the...Published: 15 Sep 2024 at 09:58hrs | 364 | by Staff reporter
Can Zimbabwe ZiG-zag away from the USD?
ZIMBABWE'S economy has suffered immensely since 2008, when inflation exceeded a million percent.Since then, the government has made six attempts to adopt a local currency, with the latest comi...Published: 13 Sep 2024 at 16:04hrs | 2768 | by Nkosi Moyo
Starlink rocks Zimbabwe market
The entry of SpaceX's Starlink into the Zimbabwean market is poised to shake up the telecommunications sector, potentially leading to significant changes in service delivery, cost structures, and over...Published: 11 Sep 2024 at 11:59hrs | 2990 | by Staff reporter
Prices soar as new Zimbabwean currency struggles
The launch of Zimbabwe's new currency, the Zimbabwe Gold (ZWG), has been marked by significant challenges, including a sharp rise in basic commodity prices. Since its introduction on April 5 at an exc...Published: 11 Sep 2024 at 09:03hrs | 1037 | by Staff reporter
Govt defends 60km radius restrictions decision
The government has defended its decision to reduce the operating radius of commuter omnibuses (kombis) from 120km to 60km, stating that it followed consultations and assurances that the national bus f...Published: 09 Sep 2024 at 08:06hrs | 207 | by Staff reporter
Zimbabwe industries buckle under prohibitive power tariffs
Zimbabwe's industries have been severely affected by a sharp power tariff hike implemented in November, leading to a 15% rise in costs for mines and disrupting various sectors. The 44% tariff ...Published: 06 Sep 2024 at 14:45hrs | 114 | by Staff reporter
ZiG manipulators face stiff sentences
Cabinet considered the report on basic commodities prices and availability and issues constraining local industry as presented by the Honourable Vice President Gen (Rtd) Dr CGDN Chiwenga. On m...Published: 07 Aug 2024 at 11:24hrs | 361 | by Staff reporter
US-based NGO Ford Foundation fingered in Kenya protests
Kenyan President William Ruto on Monday accused the US-based Ford Foundation of sponsoring "anarchy" and funding anti-government protests that descended into deadly mayhem last month.The East ...Published: 16 Jul 2024 at 07:39hrs | 939 | by Staff reporter
President William Ruto's poor and misguided politics! He lied to the voters
We still have voices in Africa that spell it out: That one voice comes from Ghana: Kwesi Prett Jr. does not mince words: His politics is eloquent, he understands African politics. Without fear or favo...Published: 02 Jul 2024 at 21:11hrs | 18 | by Nomazulu Thata
Protesters across Kenya say 'Ruto must go!'
Kenyan riot police fired tear gas at protesters in Nairobi on Tuesday and demonstrations erupted in other cities across the country demanding the resignation of President William Ruto, following a wee...Published: 02 Jul 2024 at 12:04hrs | 18 | by Staff reporter
Ingwebu requests water payment holiday
Ingwebu Breweries, owned by the Bulawayo Municipal Commercial Unit, requested a one-time water payment holiday from the Bulawayo City Council (BCC) due to the 2023/24 El Niño-induced drought. This dr...Published: 09 Jun 2024 at 09:07hrs | 3 | by Staff reporter
Zimbabwe army sued US$30,000 over 2019 shootings
The Zimbabwe National Army (ZNA) has been held accountable for the shooting of a civilian during protests over fuel price hikes in 2019, resulting in a successful lawsuit against the Defence ministry....Published: 22 May 2024 at 10:05hrs | 4 | by Staff reporter
Mnangagwa commits to free market economy
President Mnangagwa has pledged his Government's commitment to a complete free market economy, arguing there is no justification to put the burden of price determination on the Government.In r...Published: 11 Apr 2024 at 08:36hrs | | by Staff reporter
Zimbabwe finds a way to turn paper into gold long live Gushungo!!!
Money, the market, free enterprise, free trade, law, and justice, among others - existed in other forms before the colonialists introduced paper currency. The natives had their own functional institut...Published: 09 Apr 2024 at 16:58hrs | 2 | by Sam Wezhira
Zupco's marriage with contracted buses extended
Zupco's contracts with private bus owners, due to end yesterday, have been extended for another month under better conditions as negotiations are still underway.A committee has since been set ...Published: 02 Mar 2024 at 07:46hrs | | by Staff reporter
Mthuli Ncube issues chilling warning over sugar tax-linked price hikes
Finance Minister Mthuli Ncube has issued a firm warning to traders engaging in unjustified price hikes on sugary beverages, arguing that the officially gazetted tax thresholds do not warrant such exce...Published: 28 Feb 2024 at 06:31hrs | 5 | by Staff reporter
Mnangagwa's govt hikes Z$ vehicle licence fees
THE Zimbabwe National Road Administration (Zinara) has announced an upward review of Zimbabwe dollar vehicle licensing fees effective from today.This comes amid the rising cost of goods and se...Published: 27 Feb 2024 at 03:06hrs | 1 | by Staff reporter
Zimbabwe millers warn of rice price hikes
THE Grain Millers Association of Zimbabwe (GMAZ) has approached the Treasury to scrap the 15% value-added tax (VAT) on rice, warning that the levy will hit consumer spending.The developments c...Published: 25 Feb 2024 at 09:26hrs | 1 | by Staff reporter
Zimbabwe govt warns schools against privatising education
THE government has issued a stern warning to schools against privatising education, amid rising costs and concerns about accessibility, with statistics showing a rise in dropouts.The warning b...Published: 19 Feb 2024 at 04:55hrs | | by Staff reporter
Withdraw Zimdollar from circulation
GOOD day, President Emmerson Mnangagwa. Your Excellency, it is my conviction that the Zimdollar, all things considered, is a swine. It is the epitome of voodoo economics, based on implausible assumpti...Published: 14 Feb 2024 at 19:25hrs | 1 | by Cyprian Muketiwa Ndawana
Zimbabwe rural teachers declare poverty, strike
RURAL teachers have downed their tools after officially declaring incapacitation to the government as a new wave of price increases is pushing the cost of living to astronomical levels.In an i...Published: 12 Feb 2024 at 13:53hrs | 2 | by Staff reporter
Mnangagwa hints at more policies to deal Zimdollar
President Emmerson Mnangagwa has disclosed plans for the Reserve Bank of Zimbabwe (RBZ) and the Ministry of Finance to introduce a comprehensive set of new policies aimed at rescuing the nation's seve...Published: 07 Feb 2024 at 04:49hrs | 2 | by Staff reporter
Zimbabwe family basket doubles to ZWL$6,2m
The family basket has nearly doubled to ZWL$6,2 million from ZWL$3,6 million in December due to the continued depreciation of the Zimdollar, the Consumer Council of Zimbabwe (CCZ) has said, spelling d...Published: 07 Feb 2024 at 04:46hrs | | by Staff reporter
Mnangagwa to introduce structured currency in Zimbabwe
PRESIDENT Mnangagwa has said the country will soon be introducing its structured currency as the Government implements measures to arrest price hikes while creating a conducive economic environment....Published: 06 Feb 2024 at 15:00hrs | | by Staff reporter
Zimbabweans should brace for more price hikes
Government on Tuesday last week promulgated Statutory Instrument 10A of 2024 to re-introduce duty on basic commodities.The affected commodities include maize meal, milk, sugar, rice, flour, sa...Published: 05 Feb 2024 at 04:12hrs | 1 | by Staff reporter
Bulawayo Thermal Power Station decommissioning to hit jobs
THE Bulawayo Progressive Residents Association ((BPRA) has warned of massive job losses in the country's second largest city as the power utility Zesa moves to decommission the Bulawayo thermal power ...Published: 02 Feb 2024 at 17:20hrs | 1 | by Staff reporter
Zimbabwe students protest steep fee hikes
THE Zimbabwe National Student Union (Zinasu) has protested the steep tuition fee hikes by universities and colleges saying it is an assault on the right to education. Universities in Zimbabwe have int...Published: 24 Jan 2024 at 19:35hrs | 1 | by Staff reporter
Bread shoots to US$1,30 in Zimbabwe
PRICES of most basic commodities, particularly food items, have surged by more than 30% since last year as the Zimbabwe dollar continues to lose value against the greenback.The new 15% value-added tax...Published: 22 Jan 2024 at 10:02hrs | 16 | by Staff reporter
Zimbabwe exempts VAT on basic goods amid price hike concerns
The Zimbabwean government has revised taxes on basic goods, which were introduced in the 2024 national budget, amid rising price hike concerns.In a statement on Monday night, Zimbabwe's Minist...Published: 10 Jan 2024 at 05:57hrs | 6 | by Staff reporter
Zimbabwe family basket skyrockets to $3,6 million
THE cost of the food basket for a family of six has shot to ZWL$3,6 million, with retailers now charging some goods exclusively in United States dollars (US$) owing to the depreciating Zimbabwe dollar...Published: 10 Jan 2024 at 05:56hrs | 4 | by Staff reporter
Parents protest over US$ school fees in Zimbabwe
PARENTS and guardians with school-going children are up in arms with the government after it gazetted tuition fees in United States dollars ahead of the schools opening next week.Primary and S...Published: 03 Jan 2024 at 05:29hrs | 8 | by Staff reporter
Food inflation hits Zimbabwe consumers
ZIMBABWE'S food inflation for December jumped by 21% from the November rate following a wave of price hikes of most basic commodities ahead of the festive season.According to a latest Zimbabwe...Published: 29 Dec 2023 at 07:06hrs | 9 | by Staff reporter
Zimbabwe transport operators 'fleece' travelling public
ZIMBABWEAN commuters struggling with economic hardships face a double blow this festive season as transport operators have doubled bus fares on some routes, squeezing travellers' already strained budg...Published: 25 Dec 2023 at 09:34hrs | 8 | by Staff reporter
Zimbabweans in last minute Christmas shopping
Errant bus crews and rogue operators yesterday took advantage of the high demand for passenger transport to illegally double fares as thousands of people around the country did last minute shopping ah...Published: 25 Dec 2023 at 09:29hrs | 7 | by Staff reporter
Zanu-PF affiliated vendors applaud govt on toll fees
Zanu-PF affiliate organisation Vendors 4ED has applauded Finance minister Mthuli Ncube for revising downwards his proposed steep toll gate fee increase.In the 2024 national budget presented la...Published: 23 Dec 2023 at 09:51hrs | 5 | by Staff reporter
School heads face disciplinary action over fee hikes
Government has threatened to punish school heads if they increase tuition fees for the upcoming term without the approval of the Primary and Secondary Education ministry.Several public and pri...Published: 19 Dec 2023 at 06:17hrs | 8 | by Staff reporter
Mnangagwa's govt in umpteenth warning on price hikes
GOVERNMENT has for the umpteenth time warned the business community against hiking pricing during the festive season as it works with industry to make sure that there are no shortages during the year-...Published: 18 Dec 2023 at 04:55hrs | 6 | by Staff reporter
Prices go 'haywire' during Zimbabwe festive season
A FRESH wave of price increases on basic goods and services has dampened the festive mood, stealing the cheer away from the majority of the country's citizens already struggling to make ends meet....Published: 15 Dec 2023 at 07:30hrs | | by Staff reporter
Daylight robbery in Harare!
City Parking, the traffic management agency in Harare, has announced a new policy stating that paid parking discs will no longer be transferable between parking bays. This change is part of City Parki...Published: 07 Dec 2023 at 05:36hrs | 25 | by Staff reporter
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