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Can Zimbabwe manage to de-dollarize
The Zimbabwean government has indicated that a local currency will be introduced in the next 12 months in a move widely believed to be a precursor to joining the Common Monitory Area (CMA), also refer...Published: 2 hrs ago | 632 | by Victor Bhoroma
Can Zimbabwe manage to de-dollarise?
THE Zimbabwean government has indicated that a local currency will be introduced in the next 12 months in a move widely believed to be a precursor to joining the Common Monetary Area (CMA), also refer...Published: 19 Apr 2019 at 11:08hrs | 725 | by Victor Bhoroma
Beitbridge on massive expansion drive
BEITBRIDGE Municipality, expected to reap a good chunk off spin-offs from the expansion of the Beitbridge Border Post, has already received ground-paving bricks worth thousands of dollars for use in t...Published: 19 Apr 2019 at 07:27hrs | 814 | by Staff reporter
Sadza nurses demonstrate against patients' poor diet
NURSES at Sadza District Hospital in Chivhu yesterday demonstrated against lavish dietary spending by their administration which they said contrasted with the poor meals served to patients.The...Published: 17 Apr 2019 at 07:16hrs | 907 | by Staff reporter
MDC run council insists on rates hike
THE Bulawayo City Council has said it is critical to hike rates to avoid suspending some services and forgoing other capital projects. Presenting the 2019 proposed supplementary budget to the ...Published: 17 Apr 2019 at 07:03hrs | 219 | by Staff reporter
ZANU PF membership card raises storm
The ZANU PF membership card has ignited a storm on Twitter after one of the ZANU PF supporters Kudzai Mutisi posted it and invited citizens to join ZANU PF so that in the near future they will get mon...Published: 09 Apr 2019 at 12:09hrs | 2881 | by Mandla Ndlovu
Privatization is key to Zimbabwe's economic recovery plan
The microeconomic foundations of economies ensure that macroeconomic objectives are achieved. Stated differently, macroeconomic goals can only be achieved if there are robust institutions ensuring tha...Published: 04 Apr 2019 at 08:16hrs | 1227 | by Tinashe Eric Muzamhindo
Export incentives - Good Call on managing the trade deficit
The Reserve Bank of Zimbabwe (RBZ) introduced the Export Incentive Policy in September 2016 at 5% of Gross Export Receipts in order to improve production of minerals and tobacco. The policy was widene...Published: 01 Apr 2019 at 09:28hrs | 778 | by Victor Bhoroma
NetOne dumps Dembare
THERE was a time when the domestic Premier Soccer League almost choked to death because of lack of funding but things are beginning to turn for the better. Corporates are warming up to the dom...Published: 30 Mar 2019 at 17:35hrs | 186 | by Staff reporter
Tax rebate for health staff
Government has gazetted a tax rebate to be enjoyed by health services staff under the health services loan scheme as the employer implements non-monetary incentives aimed at cushioning its employees. ...Published: 25 Mar 2019 at 06:52hrs | 481 | by Staff reporter
Salary increment for civil servants laudable
The Government must be applauded for its commitment towards uplifting the welfare of its employees, as this will certainly motivate them to perform their duties more professionally and efficiently....Published: 21 Mar 2019 at 12:43hrs | 6463 | by Sibusiso Ndlamini
Goverment, civil servants seal salary deal?
Government and civil servants yesterday sealed a salary accord after the employer improved its offer to the workers from $350 million to $400 million. This will translate to a salary increment of $129...Published: 21 Mar 2019 at 07:23hrs | 1951 | by Staff reporter
ED and Chamisa must not use the cyclone as a tool for political mileage
Traumatic events, including natural disasters, are distressing. Strong reactions immediately after the event are very common. Fear, sadness, guilt and anger are all common emotions felt by children, t...Published: 19 Mar 2019 at 14:03hrs | 2928 | by Dr Masimba Mavaza
RBZ, CZI push for interest on forex accounts
The Reserve Bank of Zimbabwe (RBZ) and industry are currently engaging banks to offer interest on foreign currency deposits in order to attract more inflows, particularly those with a long-term tenure...Published: 17 Mar 2019 at 08:33hrs | 198 | by Staff reporter
Civil servants' duty free cars importation details released
Government has given civil servants the green light to import cars duty-free as President Mnangagwa's administration continues to cushion its workers through non-monetary incentives. The Gover...Published: 14 Mar 2019 at 07:54hrs | 6549 | by Staff reporter
Zimbabwe pleads for SA assistance
THE Zimbabwean government has pleaded with South Africa to help revive its collapsing economy to avoid a contagion effect.Addressing a ministerial meeting of the third session of the Zimbabwe-...Published: 12 Mar 2019 at 10:09hrs | 1484 | by Staff reporter
Zimbabwe manufacturing sector exports up by 54%
ZIMBABWE'S manufacturing sector exports went up by 54% to US$222,6 million in 2018, buoyed by the export incentive introduced by the Reserve Bank of Zimbabwe in 2016, Industry and Commerce minister Nq...Published: 12 Mar 2019 at 06:01hrs | 461 | by Staff reporter
Ramaphosa arrives
South African President Cyril Ramaphosa arrived in the country last night ahead of today's third session of the Zimbabwe-South Africa Bi-National Commission Summit in Harare. President Ramapho...Published: 12 Mar 2019 at 05:48hrs | 394 | by Staff reporter
Treger Products sets US$15million exports target
ONE of Africa's largest manufacturers of household wares and appliances, Treger Products has set a target of generating US$15 million in revenue this year from exports through fortifying its markets i...Published: 10 Mar 2019 at 08:54hrs | 195 | by Staff reporter
Billions missed through raw tobacco exports
Zimbabwe prepares for the opening of the 2019 Tobacco Marketing season set to start on the 21st of March, the local market is hyped up in anticipation. In 2018, Zimbabwe produced an all-time high of 2...Published: 10 Mar 2019 at 07:10hrs | 696 | by Victor Bhoroma
Advising Mnangagwa's presidential advisers
PRESIDENT Emmerson Mnangagwa yesterday held his inaugural meeting with the Presidential Advisory Council (Pac) recently appointed to assist in bringing in new ideas, policy proposals and solutions to ...Published: 09 Mar 2019 at 06:55hrs | 471 | by Dumisani Muleya
Mangudya turn tables on Biti
Reserve Bank of Zimbabwe Governor, Dr John Mangudya, yesterday exposed former Finance Minister Tendai Biti's hypocrisy after the former Cabinet minister accused Treasury of failing to seek Parliamenta...Published: 05 Mar 2019 at 07:13hrs | 1220 | by Staff reporter
Panonetsa Mangudya humbles Biti
Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya yesterday exposed former Finance Minister Tendai Biti's hypocrisy after the former Cabinet minister accused Treasury of failing to seek Parliam...Published: 05 Mar 2019 at 07:10hrs | 842 | by Staff reporter
Exploring joint ventures for Special Economic Zones
The Zimbabwean government has designated various tracts of land as Special Economic Zones (SEZ) in a noble production oriented policy which requires follow through. The Special Economic Zones Act (Cha...Published: 04 Mar 2019 at 10:15hrs | 815 | by Victor Bhoroma
Can the interbank FX market end the black market?
The recent monitory policy statement announcement by the Reserve Bank of Zimbabwe (RBZ) paved way for the re-introduction of the Interbank Foreign Exchange market as recommended by industry captains w...Published: 04 Mar 2019 at 10:09hrs | 2335 | by Victor Bhoroma
Beggar-thy-neighbour protectionist policy is decadent
Reports that the Zimbabwean government wants to liberalize fuel imports is a very significant development that will go a long way towards solving the country's artificial fuel shortages once and for a...Published: 03 Mar 2019 at 11:06hrs | 712 | by Colls Ndlovu
Education 5.0 - towards problem-solving and value creation
Many thanks to a serious and strong hint by His Excellency President ED Mnangagwa, Education 5.0 is now a reality having been adopted by the Ministry of Higher and Tertiary Education, Science and Tech...Published: 01 Mar 2019 at 09:22hrs | 2718 | by Enock Jonathan
Is it 'Democrazy' or 'Democracy' in the Movement for Change?
The council vacancy in Bulawayo's Ward 28 presented us with yet another opportunity to see how Zimbabwe's political space is not about elimination of medieval politics, but a contest of violent hegemo...Published: 24 Feb 2019 at 06:43hrs | 305 | by Michael Mhlanga
Bond note, RTGS model didn't fail, says Mangudya
Following the announcement of the Monetary Policy Statement (MPS) by Reserve Bank of Zimbabwe governor John Mangudya (JM) this week that effectively liberalised the exchange rate between the US dollar...Published: 22 Feb 2019 at 09:16hrs | 1202 | by Staff reporter
Mnangagwa launches technology centre
President Mnangagwa yesterday launched the India-Africa Incubation Centre in Harare which he described as a key conduit that will drive the modernisation and industrialisation of the economy. ...Published: 20 Feb 2019 at 22:35hrs | 191 | by Staff reporter
All eyes on Mangudya
THE governor of the Reserve Bank of Zimbabwe (RBZ) Dr John Mangudya will tomorrow (Wednesday) release the long-awaited Monetary Policy Statement (MPS). And on Friday, Mangudya will meet various stakeh...Published: 19 Feb 2019 at 17:09hrs | 3699 | by Staff reporter
African religion comprises of witches, satanists, spiritualists, spirit mediums
African religion comprises of witches, satanists, spiritualists, spirit mediums, healers, kings and queens. While Christianity remains as that or those institutions preaching, teaching and prophesying...Published: 18 Feb 2019 at 14:50hrs | 3419 | by Reginald Thabani Gola
3 reasons why it's all going wrong for Mnangagwa
HOW did things turn so bad for Zimbabwe's President Emmerson Mnangagwa?He won the disputed July 30 2018 elections, but even before the results were officially announced, protesters were being ...Published: 18 Feb 2019 at 07:09hrs | 1107 | by Stephen Chan
Redefining the role of government in an economy
The Zimbabwean economy has over the years been largely dominated by the government as the law maker, the regulator, business owner (competitor/supplier), consumer, financier and tax collector at the s...Published: 17 Feb 2019 at 22:55hrs | 263 | by Victor Bhoroma
Dismissal of Zacc commissioners commendable
Corruption in Zimbabwe has to be stamped out. On January 31, 2019, President Emmerson Mnangagwa fired the entire Zimbabwe Anti-Corruption Commission (Zacc) in a move that was hailed as progressive....Published: 10 Feb 2019 at 06:28hrs | 593 | by Gloria Ndoro-Mkombachoto
RioZim halts operations again as RBZ defaults on forex payment
One of the country's leading gold producers, RioZim, has yet again stopped operations at three of its mines - Cam and Motor, Dalny and Renco - citing non-payment by the Reserve Bank of Zimbabwe (RBZ) ...Published: 10 Feb 2019 at 06:16hrs | 309 | by Staff reporter
A letter to Mugabe that could have changed the course of Zimbabwe's history
An Eritrean diplomat friend sent the attached letter to me last night and I was blown away by how prophetic it was to Zimbabwe's situation, and how if Robert Mugabe had applied the advice given to him...Published: 05 Feb 2019 at 15:22hrs | 12007 | by An introduction by Hopewell Chin'ono
Teachers strike called off
The government committed itself to continue implementing non-monetary incentives to civil servants, with teachers now having called of the strike which was planned to begin tomorrow, the 5th of Februa...Published: 04 Feb 2019 at 19:12hrs | 1514 | by Staff reporter
Strike divides civil servants
SERIOUS divisions have emerged within the rank and file of the civil service on whether or not to go on strike tomorrow with the majority of Government workers eager to give dialogue a chance while a ...Published: 04 Feb 2019 at 07:50hrs | 469 | by Staff reporter
Redefining the role of government in an economy
The Zimbabwean economy has over the years been largely dominated by the government as the law maker, the regulator, business owner (competitor/supplier), consumer, financier and tax collector at the s...Published: 02 Feb 2019 at 13:29hrs | 221 | by Victor Bhoroma
A black diamond curse for Mutoko
The paradox of resource abundance typically explains the case of black granite mining in Mutoko, Mashonaland East Province of Zimbabwe. The area is home to the best black granite rock highly demanded ...Published: 01 Feb 2019 at 14:32hrs | 3580 | by Victor Bhoroma
Redefining the role of government in an economy
The Zimbabwean economy has over the years been largely dominated by the government as the law maker, the regulator, business owner (competitor/supplier), consumer, financier and tax collector at the s...Published: 01 Feb 2019 at 14:28hrs | 137 | by Victor Bhoroma
Could it be more about money and less about Chiwenga?
"The joke is on you," goes an English saying.If you say that the joke is on a particular person, you mean that the person has tried to make someone else look silly, but has, in the process, ma...Published: 01 Feb 2019 at 09:37hrs | 912 | by CONWAY TUTANI
Government supports online forex traders
THE Government is ready to support the Forex Traders' Association of Zimbabwe (Fotraz) through the establishment of a Special Economic Zone. Industry and Commerce Deputy Minister Raj Modi said this at...Published: 29 Jan 2019 at 23:20hrs | 2007 | by Staff reporter
$60m housing deal for civil servants
Government will tomorrow unveil a $60 million housing facility for civil servants as part of non-monetary incentives to its workers. Tomorrow's event will see the Government signing a Memorand...Published: 29 Jan 2019 at 07:47hrs | 654 | by Staff reporter
Enter the dragon: The rise of China
The most remarkable economic turnaround story of the 21st century undoubtedly belongs to the People's Republic of China. As the country marks the 40th anniversary of economic reforms and opening, the ...Published: 28 Jan 2019 at 16:43hrs | 3240 | by Victor Bhoroma
Civil servants shelve strike plans, opt for dialogue
Civil servants have given dialogue a chance and will meet Government on Monday over their salaries and conditions of service. The Government workers had issued a 14-day strike notice which lap...Published: 26 Jan 2019 at 12:54hrs | 2338 | by Staff Reporter
Civil servants to receive a 22,7% allowance on Friday
CIVIL servants will receive the 22,7 percent cushioning allowance offered by President Mnangagwa this Friday, Public Service, Labour and Social Welfare Minister Dr Sekai Nzenza has said. Presi...Published: 22 Jan 2019 at 22:49hrs | 5385 | by Staff reporter
MDC-Alliance planned shutdown flops
Zimbabweans yesterday largely ignored a second round of protests instigated by the MDC-Alliance and its affiliates after last week's so-called shutdown left many counting their losses as it degenerate...Published: 22 Jan 2019 at 08:29hrs | 1293 | by Staff reporter
Zimbabwe ignores second protest push
Zimbabweans yesterday largely ignored a second round of protests instigated by MDC-Alliance and its affiliates after last week's so-called shutdown left many counting their losses as it degenerated in...Published: 22 Jan 2019 at 08:05hrs | 552 | by Staff reporter
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