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Chamisa and Trumpism - Sanctions, Sex and Infiltration
That the MDC-Alliance led by Advocate Nelson Chamisa is an ailing force is no longer a subject for debate.The party suffers mostly from self-inflicted wounds - ones that its opponents are grac...Published: 9 hrs ago | 1078 | by Grace Kwinje
Zesa reduces tariffs, introduces new band
THE Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has reduced its tariffs for domestic consumption following a public outcry by customers after the tariffs were increased by more ...Published: 23 hrs ago | 2015 | by Staff reporter
Zimbabwe puts cap on sugar imports
THE Government has capped free sugar imports under the Open General Import Licence in a bid to encourage consumption of the locally produced commodity.In the recently announced 2021 National B...Published: 23 hrs ago | 220 | by Staff reporter
Mthuli's 'fantasy' budget: Here's how it will affect you
THE 2021 budget presented by the finance minister Mthuli Ncube to Parliament shows that the minister was living in a ‘fantasy world,' according to academic, Professor Austin Chakaodza."Some ...Published: 28 Nov 2020 at 07:12hrs | 2744 | by Staff reporter
Imports of old second hand cars banned
Imports of second-hand vehicles more than 10 years old are to be banned to contain the import bill and promote the domestic motor industry, while all vehicles imported from Japan now require prior cle...Published: 28 Nov 2020 at 07:08hrs | 851 | by Staff reporter
Econet hikes tariffs 20%
Econet Wireless Zimbabwe has hiked its voice tariff by 20% to guarantee continued delivery of the service.The latest tariff adjustment comes at a time when government is banking on increased i...Published: 27 Nov 2020 at 07:10hrs | 2084 | by Staff reporter
RBZ swoops on foreign entities
THE Reserve Bank of Zimbabwe (RBZ) has launched an investigation into the conduct of at least 15 foreign-owned companies, which have allegedly externalised millions of United States dollars, according...Published: 27 Nov 2020 at 07:07hrs | 4109 | by Staff reporter
Mthuli Ncube proposes removal of 2nd-hand vehicles from Open General Import Licence
Finance Minister Prof Mthuli Ncube has proposed the removal of second-hand motor vehicles aged 10 years and above, from the date of manufacture at the time of importation, from the Open General ...Published: 27 Nov 2020 at 00:29hrs | 6647 | by Staff Reporter
2020 vehicle imports marginally surpass 2019 despite COVID-19 shutdown
Vehicle imports marginally increased to 40,052 units between January and October this year up from 40,016 units recorded during the same comparative period last year despite the advent of the Covid-19...Published: 26 Nov 2020 at 09:52hrs | 2032 | by Staff reporter
Econet marginally adjusts voice bundle tariffs
HARARE - Econet Wireless Zimbabwe (Econet) this week marginally adjusted its voice bundle tariffs in a bid to guarantee continued delivery of acceptable service to its customers.The telecommun...Published: 24 Nov 2020 at 16:31hrs | 2434 | by Agencies
Govt to revisit vehicle policy
The Government might soon reintroduce a policy that compels line ministries, departments and State institutions to procure certain types of vehicles only from local producers to aid industrial recover...Published: 24 Nov 2020 at 04:23hrs | 3412 | by Staff reporter
Zimbabweans live in fear of terror attacks from Mozambique
A POLITICAL science student from the University of Zimbabwe, Jethro Ngara, sees doom and gloom as his country dares to wade into Mozambique's war on terror.Ngara, 25, said he is too young to d...Published: 23 Nov 2020 at 04:53hrs | 1668 | by Staff reporter
We need to urgently fix Zimbabwe, says Makoni
Former Finance minister Simba makoni says Zimbabwe needs a culture shift to get the economy working again.Makoni (SM) told Alpha media Holdings chairman Trevor Ncube (TN) on the show In Conver...Published: 22 Nov 2020 at 04:56hrs | 4778 | by Staff reporter
Firms hail forex auction system
ZIMBABWE'S biggest companies have hailed central bank governor, John Mangudya's foreign currency auction system for defusing a forex crisis that had affected production in the past year.The Re...Published: 20 Nov 2020 at 06:08hrs | 284 | by Staff reporter
Mthuli Ncube to present 2021 national budget
FINANCE and Economic Development Minister, Professor Mthuli Ncube, is expected to present the 2021 national budget statement on Thursday next week. The budget would lay out the inaugural 12 mo...Published: 19 Nov 2020 at 05:26hrs | 1039 | by Staff reporter
Reviving the rural economy in Zimbabwe
Zimbabwe's rural economy plays a significant role in national food production, in alleviating extreme poverty and in the attainment of Sustainable Development Goals (SDGs). The Zimbabwe National Stati...Published: 17 Nov 2020 at 12:37hrs | 2401 | by Victor Bhoroma
Zimbabweans survive on second-hand undergarments
ZIMBABWEANS mainly in urban areas are relying on second-hand undergarments smuggled into the country and sold at flea markets across the country as economic hardships continue to take a toll on the po...Published: 13 Nov 2020 at 05:41hrs | 399 | by Staff reporter
Theft, vandalism heighten blackouts in Bulawayo, says Zesa
THE incessant power outages being experienced in parts of Bulawayo and the wider southern region are a result of rampant vandalism and theft of electricity infrastructure, the power utility, Zesa, has...Published: 13 Nov 2020 at 05:38hrs | 161 | by Staff reporter
When God uncovers mortal men
The true length of a frog is known on the day it dies. Such has been wisdom since time immemorial. Juxtaposing that with the recent deaths of Genius 'Ginimbi' Kadunungure and Lazarus '...Published: 10 Nov 2020 at 12:51hrs | 4252 | by Josiah Mucharowana in Pretoria
Zimbabwe imports 600MW to cover power supply gap
THE country is importing up to 600MW of electricity from regional producers so as to cover the supply gap, which is created by subdued energy generation capacity mainly by ageing thermal power station...Published: 09 Nov 2020 at 23:28hrs | 920 | by Staff Reporter
National Foods starts maize imports
National Foods says it has commenced substantial maize imports to cover the predicted demand between December 2020 and April 2021 as the recently concluded harvest was impacted by a second successive ...Published: 09 Nov 2020 at 20:57hrs | 400 | by Staff reporter
'Zesa lost $4,5bn revenue during Covid-19 lockdown'
NATIONAL power utility, Zesa, reportedly lost close to $4,5 billion by charging uneconomic rates during the lockdown period, hence the recent decision to hike the tariffs by 150%.Energy minist...Published: 09 Nov 2020 at 08:57hrs | 1267 | by Staff Reporter
Chiwenga to give youths land
Plans are underway for the opening up of land in natural region one, four and five where youths among others will be settled in estate farms and other planned programmes to boost food production, Vice...Published: 09 Nov 2020 at 05:26hrs | 1402 | by Staff reporter
Zimbabwe cannot rely on imports, says Mohadi
VICE President Kembo Mohadi has said Zimbabwe cannot continue to rely on grain and cereal imports when the country has the capacity to utilise irrigation schemes that are lying idle throughout the cou...Published: 08 Nov 2020 at 13:35hrs | 766 | by Staff Reporter
Zimbabwe cannot rely on imports, says Mohadi
VICE-PRESIDENT Kembo Mohadi has said the country cannot continue to rely on grain and cereal imports when it has the capacity to utilise irrigation schemes that are lying idle throughout the country t...Published: 08 Nov 2020 at 07:07hrs | 138 | by Staff reporter
Zimra demands US$7m fuel import duty
DIRECT Fuel Imports Group Zimbabwe (DFIGZ), a grouping of small-scale fuel procurement firms, is seeking a relief order from the High Court that will nullify demands by the Zimbabwe Revenue Authority ...Published: 06 Nov 2020 at 06:55hrs | 984 | by Staff reporter
Economy snuffs out Zimbabwe smokers' income
Zimbabwean smokers lit up 8% fewer cigarettes this year, and the biggest drop is in the cheapest brands, as the economy snuffs out incomes.BAT, the country's biggest cigarette maker, saw sales...Published: 06 Nov 2020 at 06:39hrs | 189 | by Staff reporter
Forbes Border Post imports decline by 40%
Forbes Border Post has recorded a 40% decline in cargo imports to a daily average of 200 this year from 330 in 2018, statistics from the Mutare Dry Port show. The current figure grew from low daily vo...Published: 05 Nov 2020 at 21:31hrs | 632 | by Staff reporter
'Price stability to spill into 2021'
ECONOMISTS and captains of industry yesterday predicted a continued stability of prices of goods and services into next year.During a state of the economy report by Africa Economic Development...Published: 05 Nov 2020 at 19:27hrs | 910 | by Staff reporter
Mangudya retains confidence at the Central Bank
From the time Zimbabwe switched from inter-bank market for foreign currency to an auction system, which is largely driven by market. The idea is to determine market exchange rate. The bids come from u...Published: 05 Nov 2020 at 16:02hrs | 2675 | by Tinashe Eric Muzamhindo
'Zimbabwe assemblers sidelined on Zupco bus supply'
Quest Motor Manufacturing said government should allocate at least 20% of bus imports to local assemblers if it is sincere in its bid to resuscitate ailing industries. The plea from assem...Published: 04 Nov 2020 at 12:58hrs | 2998 | by Staff reporter
Partial dollarization to induce economic stability
The Zimbabwean economy has vaulted back to the multi-currency regime that prevailed between 2009 and 2018 with the US Dollar transactions gradually growing in the formal market while dominating trade ...Published: 03 Nov 2020 at 14:25hrs | 3232 | by Victor Bhoroma
Zimbabwe to produce own buses, trucks?
ZIMBABWE is working on revamping the manufacturing of buses and trucks locally to curb continued imports, which are contributing to a bloated import bill. Industry and Commerce Minister,...Published: 03 Nov 2020 at 09:32hrs | 3618 | by Staff reporter
US reviews trade preferences eligibility for Zimbabwe
THE United States of America has announced that it will begin a Generalized System of Preferences (GSP) trade preferences eligibility review for Zimbabwe.Belo...Published: 02 Nov 2020 at 07:01hrs | 2906 | by Staff reporter
Zesa hikes tariffs by 50%
THE Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has increased tariffs by 50 percent for the second time in a month. ZETDC, a Zesa unit, increased tariffs last month and in Septe...Published: 02 Nov 2020 at 05:47hrs | 1867 | by Staff reporter
Nzenza sets ambitious 2021 Zisco revival target
The Minister of Industry and Commerce, Sekai Nzenza, has set an ambitious target of turning the defunct steel giant, Zisco, around by the end of next year. The Zisco revival drive has twi...Published: 30 Oct 2020 at 17:49hrs | 1024 | by Staff reporter
Zimbabwe industry calls for tougher taxes on Chinese imports
ZIMBABWE'S industries have scaled up their campaign for tougher action to protect manufacturing companies against Chinese plastic imports, even as earlier calls to ban fabric shipments from Beijing fl...Published: 30 Oct 2020 at 06:40hrs | 604 | by Staff reporter
Mangudya agonises over gold smuggling
RESERVE Bank of Zimbabwe (RBZ) governor John Mangudya has expressed concern over rampant smuggling of gold, warning Zimbabwe could as a result miss its official 25 tonnes production target for the yea...Published: 30 Oct 2020 at 06:38hrs | 5361 | by Staff reporter
'We need more Zimdollar than US$'
UNITED Refineries Limited (URL) chief executive officer, Mr Busisa Moyo says the Bulawayo headquartered agro-processing company needs more of the local dollar to localise production of key raw materia...Published: 30 Oct 2020 at 06:19hrs | 1132 | by Staff reporter
Zimra intensifies audits
The Zimbabwe Revenue Authority (Zimra) has intensified audits as part of efforts to plug revenue leakages on Zimbabwe's ports of entry amid indications the economy is losing billions annually through ...Published: 29 Oct 2020 at 06:20hrs | 3601 | by Staff reporter
Zimdollar weakens against the US dollar
The Zimbabwe dollar moved marginally by less than a third of a Zimbabwean cent, against the US dollar at yesterday's Reserve Bank of Zimbabwe (RBZ) foreign currency auction, trading 0,004 percent high...Published: 28 Oct 2020 at 06:25hrs | 3067 | by Staff reporter
Commercial rabbit production in Zimbabwe set for a major boost as government approves imports of quality genetic pool
Raymeg Consultants Private Limited (Raymeg), a diversified Zimbabwean group, has received a permit to import hundreds of pure breed rabbits to help bolster commercial rabbit production in Zimbabwe, th...Published: 26 Oct 2020 at 22:27hrs | 782 | by Lloyd Mangoh
Town clerks under spotlight
Government has directed town clerks, town secretaries and chief executives for Harare, Chitungwiza, Ruwa and Epworth councils to sign performance-based contracts so that their work can be evaluated an...Published: 26 Oct 2020 at 18:56hrs | 755 | by Staff reporter
Zimra collects $58 billion revenue Q3
THE Zimbabwe Revenue Authority (Zimra) recorded a 31.19 percent jump to ZWL$58,81 in gross revenue collections above the ZWL$44.83 billion target for the third quarter ended 30 September 2020, as more...Published: 26 Oct 2020 at 18:54hrs | 896 | by Staff reporter
Mnangagwa says 'a brighter future depends on us all'
PRESIDENT Emmerson Mnangagwa yesterday made an impassioned call to all Zimbabweans to set aside their political differences and work together to build the country.At the same time, the 78-year-old...Published: 23 Oct 2020 at 17:13hrs | 551 | by Staff reporter
RBZ debt accumulation above US$2 billion
THE US$2,23 billion debt accumulated by the Reserve Bank of Zimbabwe (RBZ) in the 12 months since July 2019 could be grossly understated, as fresh details emerged this week indicating the central bank...Published: 23 Oct 2020 at 08:41hrs | 828 | by Staff reporter
Unite to achieve brighter future, says Mnangagwa
PRESIDENT Mnangagwa yesterday said the country is on a new path towards prosperity calling for unity of purpose among Zimbabweans as a brighter future depends on every individual. President Mn...Published: 23 Oct 2020 at 08:19hrs | 332 | by Staff Reporter
Zimdollar remains solid against Trump's dollar
For the second week running, the Zimbabwe dollar was virtually unchanged against the US dollar at the weekly auction, shifting just one two hundreth of one percent to $81,3499 from last week's $81,345...Published: 21 Oct 2020 at 21:44hrs | 331 | by Staff reporter
2 borders with SA proposed
The Department of Immigration has advised the Government to consider formalising two proposed borders with South Africa to relieve pressure on Beitbridge and curb irregular migration and smuggling alo...Published: 19 Oct 2020 at 23:43hrs | 4106 | by Staff reporter
Scanners cause border delays
THE Zimbabwe Revenue Authority (Zimra) has since July been forced to manually enforce customs regulations on commercial imports coming into the country through Beitbridge following a major breakdown o...Published: 19 Oct 2020 at 23:38hrs | 321 | by Staff reporter
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