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Economic sanctions continue to place Zimbabwe further into unsustainable debt
Finance minister Enoch Godongwana says the government supports Zimbabwe's implementation of key reforms to resolve its debt problems and end 21 years of sanction.If successful, such moves can ...Published: 26 May 2023 at 16:26hrs | 87 | by Staff reporter
Zimbabwe commits to resolve debt, arrears
PRESIDENT Mnangagwa yesterday committed to resolve Zimbabwe's long overdue debt arrears, and re-engaging with development partners and creditors to reposition the economy for sustained growth anchored...Published: 25 May 2023 at 06:23hrs | 92 | by Staff reporter
Zimbabwe is poor because of IMF
THE International Monetary Fund (IMF)'s programmes have come under fire from civil society, which claims they have lasting repercussions on public service delivery, development, and poverty.Th...Published: 21 May 2023 at 08:12hrs | 194 | by Staff reporter
'Zimbabwe debt resolution will open funding floodgates'
THE successful conclusion of discussions on Zimbabwe's arrears clearance and debt resolution will lay a firm foundation for the lifting of economic sanctions and help to unlock fresh and affordable ex...Published: 21 May 2023 at 08:02hrs | 55 | by Staff reporter
Zimbabwe govt to revise 2023 GDP growth upwards
FINANCE minister Mthuli Ncube yesterday said Zimbabwe's gross domestic product (GDP) growth prediction of 3,8% was understated because of improved agricultural performance.The government expec...Published: 27 Apr 2023 at 06:30hrs | 139 | by Staff reporter
Zimbabwe mulls joining Russia, China under BRICS
Zimbabwe says it is considering joining BRICS, a move authorities hope would allow the economically distressed country to forge alliances and open more trade corridors with a global bloc comprising Ru...Published: 14 Apr 2023 at 07:50hrs | 2541 | by Staff reporter
Zimbabwe to hold 'deeper' talks with rich nations over debt
Zimbabwe will hold talks with the US, UK and the European Union to end an impasse over $14 billion owed to external creditors as it seeks to shore up funding for development programs.The south...Published: 14 Apr 2023 at 07:45hrs | 180 | by Staff reporter
The Coming BRICS Summit: The ending of US worldwide domination
The Coming BRICS Summit: The ending of US worldwide dominationAn African PerspectivePart 1South Africa will host the 15th BRICS Summit from 22nd-24th August 2023, with the theme;...Published: 13 Apr 2023 at 18:50hrs | 2227 | by Ian Beddowes
AfDB facilitates 3rd Structured Dialogue Platform meeting in Harare on Zimbabwe Arrears Clearance and Debt Resolution process
HARARE - Zimbabwe moved closer to resolving its debt issues last week as it hosted the third debt and arrears clearance structured dialogue platform meeti...Published: 04 Apr 2023 at 18:18hrs | 298 | by APO
Valee Music courts DJ Tira
UNITED KINGDOM (UK)-BASED Zimbabwean Afro-pop songbird Valee Music has roped in the services of South African DJ, record producer and kwaito artiste DJ Tira on Ng'cabanga Ngawe (Thinking about You), h...Published: 31 Mar 2023 at 07:46hrs | 146 | by Staff reporter
ABSA, Standard Bank agree US$193m funding deal to build new Zimbabwe hospitals
Zimbabwe is to raise US$193 million in offshore lending to implement a 2019 agreement with UK infrastructure company NMS for the construction of hospitals and clinics in the country.ABSA and S...Published: 29 Mar 2023 at 20:43hrs | 904 | by Staff reporter
Africa: Embattling a Continent
When the IMF goes to warSo the International Monetary Fund (IMF) staff has decided to grant Ukraine some whooping USD15,6 billion?Ukraine is at war with Russia.A war funded and...Published: 25 Mar 2023 at 12:59hrs | 237 | by Jamwanda2 on Saturday
Worldremit Partners Zimachievers as Nominees Announced
Global remittance giant WorldRemit has been confirmed as Plantimun partner for the forthcoming Zimbabwe Achievers Awards UK Edition set for 22 April in London. The renewal of pleasantries betw...Published: 20 Mar 2023 at 20:18hrs | 552 | by Agencies
US tightens screws on Zimbabwe
A representative of the United States government has indicated that President Emmerson Mnangagwa's administration should satisfy sanctions conditions in full for Washington to approve its arrears clea...Published: 04 Mar 2023 at 10:22hrs | 908 | by Staff reporter
When all friendship ceases!
Von Hornick's nine principles on National EconomyIn 1684, an Austrian lawyer-turned-civil servant, Philipp Wilhelm von Hornick, published nine principal rules of a National Economy.The...Published: 04 Mar 2023 at 07:57hrs | 111 | by Jamwanda
Do not blame Mugabe or Mnangagwa: blame Zanu-PF
Zimbabwe has been in reverse gear since the early eighties. The late Robert Mugabe inherited a sound economy with sound infrastructure and amenities. He wasted no time exhausting the state resources a...Published: 25 Feb 2023 at 17:44hrs | 1178 | by Zenzo Siziba
Cde Chiukira drops Mnangagwa's name to swindle Zimfep schools
Open letterTo whom it may concern Challenges faced by Zimfep Schools because of Gideon Chiukira (Director of Coordination)Zimfep stands for Zimbabwe Foundation for Education with Produ...Published: 24 Feb 2023 at 09:32hrs | 1320 | by Concerned parents
White skin, black masks!
Two developments caught my attention this week. One is a Brenthurst Foundation scholarship invitation to young Africans intent on pursuing postgraduate studies.Brenthurst Foundation is owned a...Published: 19 Feb 2023 at 18:08hrs | 753 | by Jamwanda
Zimbabwe launches US$10 million gold facility
Prospects for increased gold production received a boost yesterday when Finance and Economic Development Minister, Professor Mthuli Ncube launched a US$10 million gold fund targeting small-scale and a...Published: 16 Feb 2023 at 04:50hrs | 168 | by Staff reporter
Mbudzi US$88m controversy: Mthuli Ncube told to explain
PARLIAMENT'S Public Accounts Committee chairperson Brian Dube says Finance and Economic Development minister Mthuli Ncube should explain the decision to borrow US$88 million to fund the construction o...Published: 12 Feb 2023 at 11:18hrs | 1940 | by Staff reporter
Fresh moves to promote use of Zimdollars
GOVERNMENT will enhance tax collections in local currency and maintain interest rates at par with inflation to promote the use of the Zimbabwe dollar in local transactions, Treasury has said.A...Published: 12 Feb 2023 at 07:35hrs | 386 | by Staff reporter
Iran exposes Zimbabwe's lies about sanctions crippling economy
As a Zimbabwe delegation, led by foreign affairs minister Fredrick Shava, visits Iran, and is showcased the repressive regime’s phenomenal economic and scientific breakthroughs - amidst enduring arg...Published: 08 Feb 2023 at 21:09hrs | 1320 | by Tendai Ruben Mbofana
Mnangagwa's govt claims to have delivered 600 000 jobs
NEARLY 600 000 new formal jobs have been created in various sectors from 2018 to date, an indication that the formal economy is growing in tandem with increased economic activity, latest figures from ...Published: 15 Jan 2023 at 09:39hrs | 156 | by Staff reporter
Sanctions choking Zimbabwe: Myth or reality?
"African politics is dogged by crises of legitimacy, monetised politics and corruption, personalised leadership, and lastly the sit-tight syndrome" notes the African Exponent. During an electoral seas...Published: 14 Jan 2023 at 16:33hrs | 609 | by Zvikomborero Sibanda
This & that with Mal'phosa: What a disaster
Do rich people always have to brag every chance they get? For instance, he owns a construction company and bullies everyone to agree that he works hard. We know who works hard, and for peanuts. It's a...Published: 08 Jan 2023 at 19:37hrs | 526 | by Clerk Ndlovu
Zimbabwe ranked one of the most 12 advanced countries in Africa
ZIMBABWE has been ranked one of the 12 most advanced countries in Africa on 11th position, due to its gross income from the informal sector which sustains the country's economy.In a recen...Published: 28 Dec 2022 at 20:59hrs | 1869 | by Staff reporter
'Nyika inovakwa nevene vayo' insist Mnangagwa - Reality, Zimbabwe is a failed state in ruins, mocks him
On Monday, 12 December 2022, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) designated four Zimbabwean individuals and two Zimbabwean entities and removed seventeen Zimb...Published: 16 Dec 2022 at 08:03hrs | 1756 | by Nomusa Garikai
Zimbabwe paying price for shoddy energy deals
ZIMBABWE is paying the price for failure to tap into renewable energy, as climate change is hindering power generation at Kariba Power Station - the country's largest electricity generating plant - wh...Published: 04 Dec 2022 at 14:06hrs | 3527 | by Staff reporter
Zimbabwe now one of the fastest growing African economies
ANALYSING Zimbabwe's unconventional economy always proves somewhat cumbersome because it is a country bridled with policy inconsistency, unfavourable operating conditions buoyed by decades of unilater...Published: 02 Dec 2022 at 19:32hrs | 1571 | by Respect Gwenzi
Teachers 4ED take over teachers recruitment
The recently launched Zanu-PF aligned teacher union called Teachers for Economic Development or Teachers4ED seems to have taken over recruitment and deployment of teachers as Zanu-PF is soliciting for...Published: 14 Nov 2022 at 05:18hrs | 1579 | by Staff reporter
Mnangagwa's govt draws down US$311m from IMF kitty
ZIMBABWE has drawn down US$311 million from the US$958 million it was allocated under extra Special Drawing Rights by the International Monetary Fund in August last year, an automatic allocation along...Published: 14 Nov 2022 at 05:09hrs | 209 | by Staff reporter
Auxillia Mnangagwa should tell her husband that sanctions can't cripple a country's economy!
As Zimbabwe First Lady Auxillia Mnangagwa visits Iran, and is showcased the Islamic Republic’s phenomenal economic and scientific breakthroughs - amidst...Published: 07 Nov 2022 at 07:34hrs | 2700 | by Tendai Ruben Mbofana
'Sanctions have opened Zimbabweans' eyes'
ILLEGAL economic sanctions imposed on Zimbabwe by the West have taught the country to be self-reliant as seen by the hiring of local companies to carry out various infrastructure development projects ...Published: 07 Nov 2022 at 05:23hrs | 214 | by Staff reporter
The economic impact of Zidera
No doubt there are many opinions and interpretations out there with regard to the issue of sanctions and I thought it's important to try and unpack the Zimbabwe Democracy and Economic Recovery Act (Zi...Published: 04 Nov 2022 at 05:34hrs | 529 | by Vince Musewe
Pharmacists behind drug smuggling
A NEW report has revealed that some government-employed pharmacists are running smuggling rackets and use their influence to evade border controls.In a report titled: Infamous by Design: Illic...Published: 31 Oct 2022 at 18:51hrs | 289 | by Staff reporter
Zimbabwe economy grew 9%
ZIMBABWE'S statistical agency says the economy grew by a staggering 8.5% last year from a decline of 7.8% in the prior year, exposing a wide discrepancy between official figures and those computed by ...Published: 23 Oct 2022 at 17:18hrs | 470 | by Staff reporter
Sanctions weighing on Zimbabwe banking sector
ILLEGAL sanctions imposed on Zimbabwe by western countries, led by Britain and America, have had a detrimental impact on the country's financial services sector as the embargo has seen the number of c...Published: 17 Oct 2022 at 06:04hrs | 280 | by Staff reporter
'Zec evasive on delimitation'
THE Zimbabwe Electoral Commission (Zec) has been accused of being too secretive on the delimitation roadmap as opposition parties raised fears yesterday that the process could be rigged in favour of t...Published: 14 Oct 2022 at 05:55hrs | 457 | by Staff reporter
Zimbabwe rules out wheat imports
GOVERNMENT will not import wheat and will now scrutinise imports of the cereal for the coming year owing to a bumper winter harvest this year, a senior government official has revealed.This co...Published: 06 Oct 2022 at 06:03hrs | 335 | by Staff reporter
IMF says gold coins missed chance to build Zimbabwe reserves
The gold coins that have been in circulation in Zimbabwe for almost three months are a missed chance to build the nation's gold reserves, according to the International Monetary Fund."The sale...Published: 23 Sep 2022 at 05:57hrs | 4431 | by Staff reporter
Fatima High teachers refuse to test for Covid-19
SOME teachers at Fatima High School in Lupane District in Matabeleland North allegedly refused to be tested for Covid-19 following a recent outbreak of the virus at the school.The positive cas...Published: 23 Sep 2022 at 05:49hrs | 350 | by Staff reporter
IMF rules out loans for Zimbabwe
An International Monetary Fund (IMF) staff team led by Dhaneshwar Ghura conducted a staff visit in Harare during September 12–19, 2022, to discuss recent economic developments and the economic outlo...Published: 20 Sep 2022 at 18:46hrs | 824 | by Staff reporter
The dangers of a long colonialism
Walking the last mileBY the time you read this piece, Queen Elizabeth II, late sovereign of the United Kingdom and titular head of the pizza-like Commonwealth, will be two days away from her f...Published: 17 Sep 2022 at 06:41hrs | 102 | by Jamwanda
Chamisa loses hope on reforms
OPPOSITION parties have lost hope of the country holding free and fair elections next year in the absence of electoral reforms.Some of the political parties have predicted a disputed poll as g...Published: 09 Sep 2022 at 06:05hrs | 2795 | by Staff reporter
Mnangagwa's 2023 strategy
Zimbabwe's general election is several months away but many opposition figures say they are already battling intense government repression similar to the iron-fisted rule of Robert Mugabe, the former ...Published: 04 Sep 2022 at 07:58hrs | 4629 | by Staff reporter
Tsvangirai's former adviser form his own party
UNITED STATES-BASED Maxwell Shumba (MS), a former chief adviser to the late MDC leader and former Prime Minister Morgan Tsvangirai has decided to form his own party, Zimbabwe People First (ZimFirst), ...Published: 01 Sep 2022 at 20:38hrs | 1734 | by Staff reporter
'Zanu PF is mortgaging Zimbabwe for a song!' complained Biti - true but who is facilitating looting
When Robert Mugabe and his Zanu PF got into power in 1980, he proclaimed mass prosperity, "Gutsa ruzhinji!", in Shona. He was convinced he would achieve that by spending, spending and spending....Published: 25 Aug 2022 at 20:07hrs | 375 | by Wilbert Mukori
'I am sending you to Pharaoh!' twittered Chamisa - being conned to believe the upstart is Moses!
Referring to the biblical situation, CCC leader President Nelson Chamisa assured the nation of the anticipated freedom from Zanu PF repression."THE CRIES HAVE BEEN HEARD…And now the cry ...Published: 22 Aug 2022 at 11:11hrs | 1171 | by Patrick Guramatunhu
Councils defy govt fire tender directive
MAJOR local authorities have united in rejecting fire tenders imposed on them by Local Government minister July Moyo.Minister Moyo drew the ire of local authorities in June this year after ord...Published: 22 Aug 2022 at 07:09hrs | 245 | by Staff reporter
Mthuli Ncube told to come clean on IMF funds
FINANCE minister Mthuli Ncube has been told to come clean on the utilisation and disbursement of the International Monetary Fund (IMF) Special Drawing Rights (SDR) funds.The Budget and Finance...Published: 22 Aug 2022 at 07:09hrs | 477 | by Staff reporter
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