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A timeline of how Zimbabwe lost its currency
Today, November 14, marks the 21st anniversary of "Black Friday", the day the Zimbabwe dollar crashed in 1997.We track the Zimdollar's collapse from that fateful November day, and the many des...Published: 3 hrs ago | 934 | by newZwire with The Source
'I have Thatcher's iron lady resolve,' says ED - rigged election for iron grip on power, must prise free
"WHEN Margaret Thatcher was elected UK prime minister in 1979, she recognised that piecemeal change would not be sufficient to tackle the problems of labour unrest, rampant inflation and economic stag...Published: 9 hrs ago | 1100 | by Patrick Guramatunhu
Lumumba calls ZANU PF leaders mad
Embattled whistleblower Wiiliam Mutumanje (Acie Lumumba) has blasted ZANU PF government over its management of the national Airline, Air Zimbabwe. Said Lumumba, "I do not understand my party Z...Published: 9 hrs ago | 5771 | by Mandla Ndlovu
Foreign suppliers threaten TelOne services over $18m debt
STATE-OWNED telecoms operator, TelOne, has been threatened with service disruption by critical foreign suppliers, who include West Indian Ocean Cable Company (Wiocc) and China-EximBank, among others, ...Published: 13 hrs ago | 225 | by Staff reporter
Hwange: a sore thumb on a decomposing body
THE depth of corruption is astonishing that even those that have ranked Zimbabwe highly, regionally and internationally, should be ashamed of themselves for doing a disservice to the people of this gr...Published: 13 hrs ago | 136 | by Editorial - newsday
Zimbabwe inflation hits the 20.8% mark, RBZ targets 7%
Zimbabwe's annual inflation rose sharply to a record 20.8 percent in October after it gained 15.46 percentage points from the September rate of 5.39 percent. The Consumer Price Index (CPI) for...Published: 13 Nov 2018 at 16:03hrs | 1457 | by Staff reporter
Chamisa's poorly scripted abduction antics are mischievous
A 36-second amateur video surfaced at the weekend, showing someone in a dominant red shirt stepping into the backseat of a Toyota Harrier with about six men on the side of the vehicle. The man in red ...Published: 13 Nov 2018 at 05:56hrs | 928 | by Staff reporter
A human life over debt arrears
ON Saturday, Chalton Hwende, deputy treasurer-general of the MDC Alliance confirmed an attempted abduction of the party's president, Nelson Chamisa after a 'thank you' rally for their supporters at Ru...Published: 13 Nov 2018 at 05:56hrs | 415 | by Pearl Matibe
Mazibisa dares Kirsty Coventry
The Founder of Mazibisa Inc. Nkosana Mazibisa has challenged Minister of Youth, Sport, Arts and Recreation Kirsty Coventry to show up for her duty and treat the Youth Ministry with the energy an...Published: 12 Nov 2018 at 12:24hrs | 3240 | by Mandla Ndlovu
Air Zimbabwe flights tender for a B767-200ER aircraft
GOVERNMENT will this week float a tender for Air Zimbabwe seeking an investor to turnaround the fortunes of the troubled national airline.Of late, Air Zimbabwe has been struggling to service i...Published: 12 Nov 2018 at 10:35hrs | 1459 | by Staff reporter
Lonely country - Zimbabwe Vigil Diary
A new Zimbabwean investment drive has been taking place in the UK with a delegation led by Priscah Mupfumira, Minister of Environment, Tourism and Hospitality Industry. She offered a few hollow banali...Published: 12 Nov 2018 at 06:55hrs | 1037 | by Zimbabwe Vigil Diary
Zimbabwe's economic recovery is possible but whilst the country remains a pariah state, it is IMPOSSIBLE!
"AfDB President, Akinwumi Adesina, told journalists in Johannesburg this week that while Zimbabwe is making progress, its economy and relations with lenders are still a way from being repaired," repor...Published: 12 Nov 2018 at 06:46hrs | 1135 | by Nomusa Garikai
30 Chinese investors Zimbabwe bound
A high powered delegation of over 30 Chinese investors from Anhui Province is expected in the country tomorrow to explore the vast investment opportunities available in the various sectors of the econ...Published: 12 Nov 2018 at 05:56hrs | 829 | by Staff reporter
Panic as Mnangagwa targets cash barons' bank accounts
BOGUS businesspersons operating briefcase companies that fed on government tender manipulation and kickbacks to amass wealth are reportedly in panic mode after the State said it would use the Zimbabwe...Published: 12 Nov 2018 at 05:48hrs | 8514 | by Staff reporter
'Diasporans should pay for Air Zimbabwe services in US$'
CABINET has resolved that Zimbabweans living in the diaspora should pay for Air Zimbabwe services in United States dollars, Transport and Infrastructural Development minister Joel Biggie Matiza has sa...Published: 12 Nov 2018 at 05:37hrs | 1092 | by Staff reporter
Inflation likely to stabilise, says Mangudya
Reserve Bank of Zimbabwe (RBZ) governor John Mangudya says inflation is likely to stabilise around 7% in the medium term.Giving his presentation during the pre-budget seminar in Bulawayo last ...Published: 12 Nov 2018 at 05:33hrs | 824 | by Staff reporter
Enough fuel for festive season, says Minister
ENERGY and Power Development Minister Dr Joram Gumbo has assured the nation of enough fuel supplies during the forthcoming festive season. In an interview on the sidelines of the just ended 20...Published: 12 Nov 2018 at 05:28hrs | 178 | by Staff reporter
Govt seeks investor for Air Zimbabwe
GOVERNMENT will this week float a tender for Air Zimbabwe seeking an investor to turnaround the fortunes of the troubled national airline. Speaking at the just ended 2019 pre-budget seminar in...Published: 12 Nov 2018 at 05:26hrs | 193 | by Staff reporter
Forex shortages cripple cooking oil maker
Surface Wilmar, the country's largest cooking oil manufacturer, says it owes its external suppliers US$22 million because of acute foreign currency shortages locally.The revelations were made ...Published: 11 Nov 2018 at 12:24hrs | 562 | by Staff reporter
Emmerson Dambudzo Mnangagwa Law School set for Kwekwe
PRESIDENT Mnangagwa has said Zimbabwe is not only Open for Business but for dialogue too, as it forges ahead with engaging locals and foreigners in its quest to attain a middle class economy by 2030....Published: 11 Nov 2018 at 09:27hrs | 347 | by Staff reporter
India extends $2,2m life saving drugs
India is shipping 100 tonnes of critical drugs worth $2,2 million to Zimbabwe to support the country's health sector, including partnering Government on operationalisation of Ekusileni Hospital in Bul...Published: 11 Nov 2018 at 09:26hrs | 165 | by Staff reporter
Is Zanu PF acting and delivering ???
The victory of ZANU PF is not only to benefit ZANU PF but it benefits the nation. ZANU PF is expected to be coming up with solutions and stop the rot in our economy. The government which was for...Published: 10 Nov 2018 at 11:19hrs | 685 | by Dr Masimba Mavaza
Mupfumira speaks to London investors
Zimbabwe is open for business - this was the strong message heard at the Invest Zimbabwe Forum held in London on Thursday.In her opening address, Hon. Priscah Mupfumira, Minister of Environmen...Published: 10 Nov 2018 at 11:18hrs | 489 | by Staff reporter
Solar energy plant not yet a boon for locals
MANAMA, Gwanda South - Three years ago, in 2015, when the 200-panel mini-grid solar energy power plant was established in this remote and hot rural community, 140km south of Gwanda town and about 20km...Published: 10 Nov 2018 at 11:17hrs | 654 | by Staff reporter
'MDC want to unseat elected ED' - who elected him, even ZEC failed to verify its own result
President Mnangagwa rigged the 30 July 2018 elections cocksure his "Zimbabwe is open for business!" clarion call would deliver economic recover. Sadly, that has no happened, the flood of investors has...Published: 09 Nov 2018 at 19:43hrs | 4368 | by Nomusa Garikai
Zimbabweans should shun MDC demonstrations
At a moment when the economy is facing temporary economic challenges, the opposition has decided to politicise the situation, blaming Government for failing to redress these challenges. It has...Published: 09 Nov 2018 at 09:53hrs | 3499 | by Anesu Pedzisayi
Zimbabwe's 'Black Gold', no rush plus capital wagging State's tail
THE government of Zimbabwe held a Press conference at which President Emmerson Mnangagwa initially announced that a private company, Invictus, had made oil and gas discoveries in Muzarabani district. ...Published: 09 Nov 2018 at 05:10hrs | 350 | by Takura Zhangazha
Hold Mnangagwa's govt to account on mega deals, says Mudenda
SPEAKER of Parliament, Jacob Mudenda has urged government to fight inertia, whereby deals worth billions of dollars are signed every time, but not implemented on time or never."Let us fight th...Published: 09 Nov 2018 at 05:06hrs | 2410 | by Staff reporter
Of corruption, misplaced priorities and inefficient service delivery
There are quite a number of factors that affect service delivery in most towns and cities. Mostly, service delivery is as a result of poor management, corruption and misplaced priorities by local muni...Published: 08 Nov 2018 at 13:53hrs | 1051 | by Sibusiso Ndlamini
We are caught between rock and the abyss and lack Odysseus insight to escape
Zimbabweans are well and truly caught between a rock and the deep blue sea, they either have to confront the corrupt and tyrannical Zanu PF regime and demand meaningful political change or continue to...Published: 07 Nov 2018 at 19:23hrs | 2211 | by Wilbert Mukori
Zimbabwe must set a clear development agenda
First and foremost, Zim is poised with toxic politics. We must deal with our politics first before we table economic matters. , it is important to admit that we have a crisis so that whoever comes on ...Published: 07 Nov 2018 at 16:27hrs | 501 | by Tinashe Eric Muzamhindo
One year after Zimbabwe soft coup
When Zimbabwe's army took power in a bloodless coup exactly one year ago, it promised to bring happiness back by ending social and economic suffering.The military said the coup was needed to "...Published: 07 Nov 2018 at 15:03hrs | 2117 | by Tendai Kamhungira
'I am taking Zimbabwe to Canaan,' said ED - rigged elections and dragged us into hell-on-earth
"PRESIDENT Emmerson Mnangagwa has rewarded one of the biggest indigenous churches, the Zion Christian Church (ZCC), with a tractor and other agricultural inputs for overwhelmingly voting for him and h...Published: 07 Nov 2018 at 07:14hrs | 4872 | by Patrick Guramatunhu
Lessons learnt from Mugabe's 'youth interface' rallies
YESTERDAY, November 6, 2018, marked a year since one of the darkest days in President Emmerson Mnangagwa's political and physical life.On the day, the then President Mr Robert Mugabe sacked Cd...Published: 07 Nov 2018 at 06:59hrs | 1877 | by Nduduzo Tshuma
$1 million gas depot for Bulawayo
LP Gas firm, Matsa Energy, is in the process of setting up a $1 million depot in Bulawayo, a move which will increase supplies and create more job opportunities for locals.The gas depot will b...Published: 07 Nov 2018 at 06:55hrs | 856 | by Staff reporter
Zimbabwe's de facto challenge
This week, US Assistant Secretary of State for the Bureau of African Affairs, Tibor P Nagy is visiting four African and two European countries; United Kingdom, France, Togo, Mali, Ethiopia and Nigeria...Published: 07 Nov 2018 at 06:25hrs | 568 | by Pearl Matibe
Let's engage as the youths
ELECTIONS have come and gone and remarkably Zimbabwean youths participated in large numbers to shape their future, something we, as the Zanu-PF Youth League, believe is testimony to the fact that we a...Published: 07 Nov 2018 at 05:46hrs | 311 | by Pupurai Togarepi
South Africa stops issuing general work visas?
Ahead of the implementation of new immigration laws and the release of a severely shortened critical skills list, South Africa's Home Affairs Department appears to be pre-emptively clamping down on im...Published: 06 Nov 2018 at 21:11hrs | 6535 | by Staff reporter
Zimbabwe should take advantage of Intra-African Trade Fair'
FINANCE minister Mthuli Ncube yesterday said Zimbabwe should take advantage of the upcoming Intra-African Trade Fair (IATF) set for next month in Egypt to improve export market diversification and tap...Published: 06 Nov 2018 at 05:42hrs | 128 | by Staff reporter
Zimbabwe investment enquiries peak $15 billion
The Zimbabwe Investment Authority had by June this year received 165 business applications worth more than $15,8 billion buoyed by a steady growth in the economy underpinned by various productive sect...Published: 06 Nov 2018 at 05:21hrs | 505 | by Staff reporter
Zimbabwe as a new gateway into Africa
ON Friday afternoon of 2 November 2018, I visited Surface Wilmar based in Chitungwiza, Harare. The company is owned by one of the largest companies in the world in the production of edible oils, based...Published: 05 Nov 2018 at 14:36hrs | 1643 | by Minister of Finance Prof Mthuli Ncube
Zimbabwe as a new gateway into Africa
ON Friday afternoon of 2 November 2018, I visited Surface Wilmar based in Chitungwiza, Harare. The company is owned by one of the largest companies in the world in the production of edible oils, based...Published: 05 Nov 2018 at 05:21hrs | 495 | by Hon. Prof Mthuli Ncube
Linda Masarira's letter to Mnangagwa
MDC-T Spokesperson Linda Masarira has penned a letter to President Emmerson Mnangagwa calling to take action on the on the inherent culture of corruption found in ZANU PF and ZANU PF government ...Published: 04 Nov 2018 at 13:33hrs | 6893 | by Mandla Ndlovu
Mthuli Ncube probes cooking oil shortages
Finance minister Mthuli Ncube has commenced touring manufacturing firms, starting with a visit to Surface Wilmer, the largest cooking oil manufacturer in Zimbabwe.Surface Wilmar (Pvt) Ltd, sit...Published: 04 Nov 2018 at 12:40hrs | 2349 | by Staff reporter
Where is Zimbabwe's cash going?
Zimbabwe is currently going through serious shortages of literally everything from bottled water to bread.Queues have become a common feature across the country as Zimbabweans struggle to purc...Published: 04 Nov 2018 at 09:15hrs | 2020 | by Crecey Kuyedzwa - Fin24
'Zimbabwe diamond output to shatter records'
THE Zimbabwe Consolidated Diamond Company is expected to smash production records as it guns for a three million carat haul this year, driven by US$100 million invested in operations over the last two...Published: 04 Nov 2018 at 08:41hrs | 512 | by Staff reporter
Meat prices continue to rise
THE prices of meat and most beef products have continued to increase despite Government's efforts to normalise the price hike situation.While prices of most basic commodities have started goin...Published: 04 Nov 2018 at 08:34hrs | 536 | by Staff reporter
Children of War Vets bay for Masiyiwa's blood
Children of War Veterans Associations has came out guns blazing accusing Strive of corruption and manipulating shareholding of a number of companies in a dubious manner. Read the full open letter to M...Published: 04 Nov 2018 at 08:04hrs | 3812 | by Mandla Ndlovu
Afreximbank pledges to continue assisting Zimbabwe
AFRICAN Export-Import Bank (Afreximbank) has pledged to continue assisting Zimbabwe meet its financial needs, saying all the loans extended to local entities by the bank have performed to expectation,...Published: 03 Nov 2018 at 12:54hrs | 1079 | by Staff reporter
Government in bid to recapitalise Olivine Industries
The government is considering selling part of its stake in Olivine Industries to an external investor to raise foreign currency towards recapitalising operations.The tour of the cooking oil ma...Published: 03 Nov 2018 at 08:42hrs | 301 | by Staff Reporter
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