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Zimbabwe's woes deepen
Not having a currency of its own hasn't stopped Zimbabwe from sliding into a currency crisis.A scarcity of foreign exchange has led to long queues for fuel, bread and medicine and sent prices ...Published: 15 Jan 2019 at 12:56hrs | 1294 | by Bloomberg News
Industry in $600m pension arrears, Parliament told
THE Insurance and Pensions Commission (IPEC) yesterday disclosed to Parliament that industry owed more than $600 million in pension arrears against a retirement fund value of $5 billion."The i...Published: 15 Jan 2019 at 06:28hrs | 33 | by Staff Reporter
Five people feared dead as protests hit Zimbabwe
FIVE people reportedly died while 24 others were injured as police clashed with protesters across the country yesterday as anger over the worsening economic crisis spilled onto the streets with busine...Published: 15 Jan 2019 at 06:25hrs | 1485 | by Staff Reporter
The Destructiveness of Lawlessness - Mthwakazi Forum
The events of the 14th of January 2019, where Zimbabwe saw uncoordinated protests across the country with rampant destruction to property, were quite disturbing to say the least. There is evidence tha...Published: 14 Jan 2019 at 22:29hrs | 709 | by Kernan Mzelikahle
After the demonstrations ED will not put the fuel prices down
The hike in fuel prices, especially diesel, is likely to have a spiralling effect on the surging inflation over the medium-term horizon. The government's step to hike fuel prices would further aggrava...Published: 14 Jan 2019 at 15:27hrs | 4626 | by Dr Masimba Mavaza
Mayhem over fuel price hikes
MOTORISTS, economists, opposition parties and the commuting public yesterday reacted angrily to President Emmerson Mnangagwa's move to hike fuel prices by 150%, which triggered a wave of price increas...Published: 14 Jan 2019 at 15:06hrs | 254 | by Staff reporter
Mnangagwa rapped for pegging fuel prices at black market rates
ECONOMISTS and analysts yesterday said the decision by President Emmerson Mnangagwa to peg the new fuel prices at the parallel market rates proved government's insincerity when dealing with the issue ...Published: 14 Jan 2019 at 15:00hrs | 223 | by Staff reporter
Mnangagwa missed post-coup golden opportunitty
MDC vice-president Welshman Ncube says Zimbabwe is in a mess after President Emmerson Mnangagwa's failed to take advantage of local and international goodwill which his administration received after t...Published: 14 Jan 2019 at 14:58hrs | 358 | by Staff reporter
Mnangagwa urged to hike public sector salaries
A Zimbabwean businessman has urged government to raise wages in a bid to prevent the meagre income of public sector workers becoming a source of anger for citizens.In a letter to President Emm...Published: 14 Jan 2019 at 14:56hrs | 176 | by Staff reporter
It's more than winning an election
There are very important lessons which can be learnt from the recently held elections in DRC.I would like to congratulate Felix Tshisekedi leader of the Opposition for winning the DRC poll. Ku...Published: 14 Jan 2019 at 06:57hrs | 756 | by Leonard Koni
Zimbabwe facing foreign currency shortages, not fuel, says Mnangagwa
News Editor Gift Phiri sits down for a wide-ranging interview with President Emmerson Mnangagwa's spokesperson George Charamba about the stuttering economy and what government is doing to address the ...Published: 13 Jan 2019 at 22:28hrs | 782 | by Staff reporter
Chamisa's MDC meets over economic crisis
The Nelson Chamisa-led MDC will this week meet to discuss the way forward on how to put more pressure on President Emmerson Mnangagwa to solve the current economic crisis.MDC spokesperson Jaco...Published: 13 Jan 2019 at 22:22hrs | 1040 | by Staff repoirter
Civil servants pile pressure on Mnangagwa's govt
APEX council chairperson Cecilia Alexander says the civil servants' umbrella body will intensify pressure on government to hike salaries to a minimum of $1 733 for the lowest paid worker. She said as ...Published: 13 Jan 2019 at 10:23hrs | 1885 | by Staff reporter
Mnangagwa squandered global goodwill over Mugabe ouster
PRESIDENT Emmerson Mnangagwa's government has squandered the international and local goodwill which followed the November 2017 ouster of predecessor Robert Mugabe.This was said by MDC vice pre...Published: 13 Jan 2019 at 09:14hrs | 1449 | by newzimbabwe
Mnangagwa warns businesses against price increases
Fuel prices more than doubled at midnight on Sunday following a shock announcement by President Emmerson Mnangagwa.A litre of petrol is now $3,31, up from $1,38 while diesel is now selling for...Published: 13 Jan 2019 at 08:33hrs | 1148 | by ZimLive
MDC-T statement on fuel increase and labour crisis
CONSIDERING the challenges that our nation is facing, the press conference by the President of Zimbabwe Emmerson Mnangagwa last night, showed the world how our current government is detached from real...Published: 13 Jan 2019 at 08:33hrs | 1573 | by Linda Tsungirirai Masarira
Mukupe pushes for Zimdollar return
Former deputy Finance minister Terence Mukupe, said without reintroducing local currency and having a serious reengagement with the United States of America (USA) the country will continue to suffer....Published: 12 Jan 2019 at 17:33hrs | 2853 | by Staff reporter
Zimbabwe approaching point of no return
Long-suffering Zimbabweans should brace themselves for more price hikes and shortages of basic goods, after stressed companies said yesterday that they were left with an average of about 10 days' wort...Published: 12 Jan 2019 at 17:30hrs | 1670 | by Staff reporter
National Reclamation:- Against the Perpetuation of a ruling elitist dynasty!
The leadership and general membership of the National Reclamation Assembly are deeply concerned about the current state of affairs in our beloved nation. We would like to categorically state that the ...Published: 11 Jan 2019 at 16:33hrs | 471 | by Advocate Walter Nyabadza
Civil servants' demand for higher salaries not sustainable
The demand by civil servants to be paid $1 733 per month is not sustainable as government is trying to cut back expenditure. Though justified in demanding for an increase in light of high prices of ba...Published: 11 Jan 2019 at 16:27hrs | 1658 | by Elijah Chihota
Mnangagwa under massive pressure
PRESIDENT Emmerson Mnangagwa's administration faces a mammoth task to steady the ship and deliver the goods as pressure mounts from all angles amid massive economic, social and political turbulence wh...Published: 11 Jan 2019 at 10:03hrs | 5199 | by Staff reporter
Growing unrest exposes official posturing
FAILURE by government to address the unrelenting currency crisis has come back to haunt the country as evidenced by widespread unrest triggered by the rising cost of living.Finance minister Mt...Published: 11 Jan 2019 at 10:00hrs | 742 | by Staff reporter
Zimbabwe companies to collapse in 30 days
MANY manufacturers could be forced to halt operations if government fails to arrest the crippling currency crisis within the next 10 days as most companies are left with less than a month's stock of r...Published: 11 Jan 2019 at 09:58hrs | 2605 | by Staff reporter
40 suspended over diamonds theft
THE Zimbabwe Consolidated Diamond Company (ZCDC) has suspended 40 employees in an intense crackdown meant to halt rampant diamond theft at Chiadzwa, The Manica Post can reveal.Employees from d...Published: 11 Jan 2019 at 09:01hrs | 287 | by Staff reporter
Chamisa' MDC blasts Mnangagwa's five-nation foreign junket
THE opposition bas condemned President Emmerson Mnangagwa's five-nation foreign trip which will see him travelling to the likes of Azerbaijan, Belarus and Kazakhstan.According to presidential ...Published: 10 Jan 2019 at 08:24hrs | 2326 | by newzimbabwe
Mnangagwa's defining moment
GOVERNMENT will today meet its restive employees in a crunch meeting for salary negotiations in a desperate bid to stop a full-blown strike that could cripple State operations.This comes as wo...Published: 10 Jan 2019 at 08:23hrs | 3515 | by Staff reporter
Civil servants threaten govt shutdown
APEX Council, the umbrella body which represents public sector workers, says it will press ahead with plans to launch a full-blown strike, as negotiations between government and workers unions have no...Published: 10 Jan 2019 at 07:52hrs | 951 | by Staff reporter
Zimbabwe GDP to grow 3.7% in 2019, World Bank
The World Bank has projected that Zimbabwe's Gross Domestic Product (GDP) will grow by 3.7% this year compared to the 3.8% it projected in June 2018.This is higher than the 3.1% GDP growth pro...Published: 09 Jan 2019 at 18:19hrs | 1307 | by Staff reporter
Political drama engulfs 2018
The curtain came down on 2018 and as 2019 is finally into full swing, the Daily News spoke to a number of social and political analysts who gave us what they think were the political highlights of the...Published: 09 Jan 2019 at 12:55hrs | 291 | by Staff reporter
Zimbabwe's currency conundrum
ZIMBABWE'S ongoing currency crisis can be best described as a conundrum. Not only is it problematic, but it is also confusing and complex.On the one hand, you have an evident devaluation of lo...Published: 09 Jan 2019 at 11:34hrs | 1446 | by Staff reporter
Mnangagwa flies to 5 countries next week
President Mnangagwa will next week go on a five-nation working visit as his administration intensifies its engagement and re-engagement drive, Presidential spokesperson Mr George Charamba revealed yes...Published: 09 Jan 2019 at 11:22hrs | 559 | by Staff reporter
Mnangagwa lays out 2019 vision
President Mnangagwa will next week go on a five-nation working visit as his administration intensifies its engagement and re-engagement drive, Presidential spokesperson Mr George Charamba revealed yes...Published: 09 Jan 2019 at 11:12hrs | 205 | by Staff reporter
Back to school, back to period poverty!
In a country with 3 million girls and women who menstruate, with about a third of them being school going children either in primary or secondary school, there is a good chance that thousands of them ...Published: 08 Jan 2019 at 11:36hrs | 1204 | by Theresa Nyava
Life assurance profits down 63% in Q3
ZIMBABWE'S life assurance industry recorded 68 % decline in after tax profits to $314,85 million in the nine months to September 2018 compared to $979,27 million during the same period in 2017, the in...Published: 08 Jan 2019 at 09:20hrs | 113 | by Staff reporter
Beer prices hit the roof
After government blocked its bid to charge in United States dollars last week, Zimbabwe's largest brewer Delta Corporation slapped a 25% increase on the wholesale price of clear beer "to cushion again...Published: 08 Jan 2019 at 09:18hrs | 2464 | by Staff reporter
Bond notes unsustainable, fuel inflation, claims Fitch
Fitch Solutions, the macro-economic arm of global rating agency says Zimbabwe's currency regime is highly unsustainable and will continue to fuel inflationary pressures going forward.In 2009, ...Published: 08 Jan 2019 at 09:16hrs | 652 | by Staff reporter
Delta hikes beer prices
Beverages giant, Delta Corporation, yesterday announced new recommended wholesale and retail prices for its clear beer products that are sold across the country, a move that has resulted in a 25 perce...Published: 08 Jan 2019 at 09:06hrs | 792 | by Staff reporter
Government has offer for civil servants
GOVERNMENT has a salary increment offer for civil servants to cushion them from the prevailing economic challenges set to be tabled before a National Joint Negotiating Council (NJNC) soon, acting Publ...Published: 08 Jan 2019 at 09:03hrs | 817 | by Staff reporter
Pay rise offer for civil servants
GOVERNMENT has a salary increment offer for civil servants to cushion them from the prevailing economic challenges set to be tabled before a National Joint Negotiating Council (NJNC) soon, acting Publ...Published: 08 Jan 2019 at 08:58hrs | 1919 | by Staff reporter
Uncertainty shrouds schools opening
A cloud of uncertainty is hovering over the education sector, amid fears schools might not open tomorrow after teachers vowed not to report for duty until their employer agrees to pay them in United S...Published: 07 Jan 2019 at 20:10hrs | 513 | by Staff reporter
Zimbabwe teachers planning paralyzing strike
Zimbabwean teachers are planning a stay away next Tuesday on the first day of the school year due to the harsh economic situation which has resulted in the devaluation of their salaries.In a state...Published: 07 Jan 2019 at 19:26hrs | 817 | by Staff reporter
Soft drink shortages to persist
Delta corporation Limited (Delta), the country's biggest supplier of soft drinks and beer, has said shortages of its beverages will persist pending supply of foreign currency from the Reserve Bank of ...Published: 07 Jan 2019 at 18:58hrs | 775 | by Staff reporter
Mnangagwa's Zimbabwe heads for shutdown
Government could be headed for a complete shutdown if it does not urgently address the concerns of its employees who are downing tools to press for better pay and improved working conditions, analysts...Published: 07 Jan 2019 at 09:05hrs | 5807 | by Staff reporter
Mnangagwa says 'No to US$ school fees'
GOVERNMENT has given schools the greenlight to increase levies and boarding fees to cushion them from inflation-induced price hikes, but turned down the request by some schools to charge in hard curre...Published: 07 Jan 2019 at 08:39hrs | 605 | by Staff reporter
Doctors' strike calls for relook into health policy
AS the circus and confusion with regards to the junior doctors' strike continues unabated, it is time government shows sincerity to both the disgruntled medical practitioners and the general public....Published: 07 Jan 2019 at 08:38hrs | 244 | by Editorial - newsday
Schools ready for new term
All is set for schools opening tomorrow as a high-powered Government team today meets civil servants' unions to discuss their salaries and conditions of service. Teachers have ruled out a premature st...Published: 07 Jan 2019 at 08:29hrs | 112 | by Staff reporter
Valueless bond notes the source of Zimbabwe's problems, say analysts
GOVERNMENT'S promise to avail foreign currency to the country's largest beverages manufacturer, Delta Corporation, to avoid forex pricing is not sustainable, analysts have said.Delta last Wedn...Published: 06 Jan 2019 at 10:13hrs | 1239 | by Staff reporter
'ZSE downward trend likely to persist'
The downward trend that has characterised the Zimbabwe Stock Exchange since October last year is likely to persist in 2019 as the allure of protecting value wears off, analysts have said.The Z...Published: 06 Jan 2019 at 09:47hrs | 477 | by Staff reporter
CZI is right: Dollarisation is bad for Zimbabwe
It is not a secret that I am not a fan of the current government's economic policies and choices.I especially find it reprehensible that they continue to avoid solving the prevailing currency ...Published: 05 Jan 2019 at 17:13hrs | 488 | by Garikai Dzoma
Breakthrough for doctors finally
The cat and mouse chase between the government and the doctors seems to have come to and end after there was an agreement on Friday on the employers and employees can engage moving forward. There are ...Published: 04 Jan 2019 at 19:55hrs | 8453 | by Mandla Ndlovu
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