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Corporate Governance and State Entities Decay in Zimbabwe
The unfolding corporate governance scandal at Zimbabwe Electricity Supply Authority (ZESA) provides a hint of how the country's State Entities and Parastatals (SEPs) have been run down over the years....Published: 7 hrs ago | 282 | by Victor Bhoroma
Zimdollar return premature, says Gono
FORMER Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono has said the reintroduction of the Zimbabwean dollar, which has been rapidly losing value since its re-introduction in June last year, was pr...Published: 20 hrs ago | 6090 | by Staff reporter
Curfew betrays govt anger towards citizens
HIS Excellency, the imposition of the sunset to sunrise curfew prompts me to write to you, yet again. Notwithstanding the spike inconfirmedCOVID-19cases, the country has long been languishing at a rec...Published: 05 Aug 2020 at 08:15hrs | 995 | by Cyprian M Ndawana
EIU predicts tough times ahead for Zimbabwe
LONDON-BASED Economic Intelligence Unit (EIU) has predicted a gloomy economic outlook for Zimbabwe in the next four years owing to failure by government to manage the tumultuous political and economic...Published: 04 Aug 2020 at 08:19hrs | 1330 | by Staff reporter
Church leaders in renewed drongo call for Mnangagwa and Chamisa dialogue - make rational call or shut up
The drongo, "nhengure" in Shona, is a loud quarrelsome black bird with a shrill loud cry to march. Many of Zimbabwe's church leaders have started behaving like the drongo in their repeated calls...Published: 03 Aug 2020 at 22:19hrs | 2752 | by Patrick Guramatunhu
Covid-19 delays jatropha energy project comeback
The outbreak of the corona virus, or Covid-19, has delayed the anticipated revival of the jatropha energy project in Zimbabwe.In 2017, the Zimbabwe government announced that it had rekindled t...Published: 02 Aug 2020 at 09:22hrs | 122 | by Green Energy Zimbabwe
ZSE reopens amid $240m loss
THE Zimbabwe Stock Exchange (ZSE) will resume trading tomorrow after a month-long government shutdown that saw the bourse losing at least $240 million in potential revenue.On June 29, the gove...Published: 02 Aug 2020 at 09:21hrs | 346 | by Staff reporter
Fresh farm seizures soiling Zimbabwe's image?
THE ongoing seizures of mainly white-owned productive farms severely dent Zimbabwe's international image and cast aspersions on the country's reputation as an investment destination, Commercial Farmer...Published: 31 Jul 2020 at 07:57hrs | 877 | by Rejoice Ngwenya, Comaliso
Masiyiwa struggles to sell stake in Liquid
THE coronavirus pandemic is hampering efforts by Zimbabwean billionaire Strive Masiyiwa to sell a stake in Africa's largest fibre company.Masiyiwa is seeking buyers for 20% to 34% of Liquid Te...Published: 31 Jul 2020 at 07:39hrs | 568 | by Staff reporter
EcoCash probe delays Cassava financials
CASSAVA Smartech Zimbabwe Limited (CSZL) has announced a delay in publishing its financial results for the year ended February 29, 2020 due to investigations into its subsidiary, EcoCash (Private) Lim...Published: 31 Jul 2020 at 07:38hrs | 158 | by Staff reporter
Security forces on high alert
SECURITY forces are on high alert and will be out in full force with adequate manpower to thwart any illegal protests meant to destabilise the country. Police yesterday said people should go a...Published: 31 Jul 2020 at 07:30hrs | 255 | by Staff reporter
Zanu PF rigged election and now rigging covid-19 data with tragic consequences
This Zanu PF regime blatantly rigging the coronavirus statistics with disastrous consequences to us all! "The final results as announced by the Electoral Commission contained numerous errors a...Published: 30 Jul 2020 at 06:57hrs | 1675 | by Nomusa Garikai
Zanu-PF councillor in pyramid scheme scam
Over 2 800 people in Chiredzi are counting their losses after money pyramid schemes that were operating around town collapsed. Chiredzi Town Council ward 4 councillor, Liberty Macharaga (Zanu-PF) ...Published: 29 Jul 2020 at 13:08hrs | 682 | by Staff reporter
Mohadi in Tanzania for Mkapa funeral
VICE President Kembo Mohadi left the country this morning to attend the funeral of former Tanzanian President Benjamin Mkapa who died on Thursday at Dar es Salaam Hospital where he had been admitted f...Published: 28 Jul 2020 at 20:24hrs | 1927 | by Staff reporter
'My new partner is worse than the one I had before'
IN 2013, we had good neighbours, a couple who suddenly started having problems in their marriage and would seek our help to solve their issues. They were not really big problems as such, but misunders...Published: 28 Jul 2020 at 09:32hrs | 4672 | by Joseph Maniragena
Why crisis is important for any economy
This year will be etched in people's memory. Devastating effects of COVID-19 are felt around the globe. Just a handful of countries have not reported any cases so far. South Africa and Nigeria have al...Published: 27 Jul 2020 at 20:44hrs | 1230 | by Staff writer
2020 Mid Term Budget Hits and Misses
The 2020 mid-term budget and economic review was delivered amid high inflation levels and declining economic productivity that has been worsened by the Corona Virus pandemic. The Zimbabwean economy is...Published: 27 Jul 2020 at 20:38hrs | 1145 | by Victor Bhoroma
Don't shoot the critic
IN order to solve our problems we have to first identify them, but we human beings have an inherent flaw of not being able to give ourselves an accurate self-evaluation more often than not, so who els...Published: 26 Jul 2020 at 16:21hrs | 336 | by Black Edward
Was the shutting down of mobile money, ZSE a necessary evil?
ON June 26, 2020 the Information ministry announced in a tweet that all mobile money transactions and the Zimbabwe Stock Exchange (ZSE) would stop transacting forthwith.The authorities halted ...Published: 26 Jul 2020 at 11:11hrs | 2667 | by Admire Maparadza Dube
Digital trade is the next big thing in Africa
Wamkele Mene was recently appointed Secretary General of the African Continental Free Trade Area Secretariat. Because of COVID-19, free trade for countries that have ratified the agreement did not beg...Published: 25 Jul 2020 at 07:57hrs | 296 | by Kingsley Ighobor
Luveve residents file High Court case against Bulawayo City Council
The Bulawayo Progressive Residents Association (BPRA) has filed a High Court case against the Solomon Madlala Mguni led Bulawayo City Council over the alleged contaminated municipality water tha...Published: 24 Jul 2020 at 11:44hrs | 2862 | by Mandla Ndlovu
Mnangagwa's Zimbabwe tumbles on business rankings
ZIMBABWE, in the throes of its worst political and economic crisis in more than a decade, has the highest country risk in the whole of Southern Africa, a report has revealed.The country is con...Published: 24 Jul 2020 at 08:21hrs | 3751 | by Staff reporter
Zimbabwe waits in anticipation for the 31st July
No minute passes without being reminded that on the 31st July Zimbabwe will join disjointed hands in a mother of al demonstrations to try and force President Emmerson Dambudzo Mnangagwa to resign. Con...Published: 23 Jul 2020 at 16:54hrs | 2550 | by Dr Masimba Mavaza
The Patriotic Front white President Darryl Collet's message to Zimbabweans
My fellow Zimbabweans;This is the first time I address you as President of The Patriotic Front. And I do it with great honor and humility. TPF is a multiracial movement born out of a collectiv...Published: 22 Jul 2020 at 19:16hrs | 5341 | by Darryl Collet
MDC Alliance's role in undermining national development
President Mnangagwa continues to pursue an ambitious economic reform agenda that has, within a short space of time, seen the budget deficit being tamed, economic fundamentals once again in place and a...Published: 22 Jul 2020 at 08:43hrs | 1723 | by Pupurai Togarepi
Founding Partners unveil Unified COVID-19 Response to support Africa's private sector
Increased and decisive investment will be the channel for Africa's economic recovery post COVID-19, partners of the Africa Investment Forum said on Friday.They expressed confidence in the cont...Published: 20 Jul 2020 at 11:42hrs | 256 | by Stephen Jakes
Assault on property rights closes Zimbabwe for business
The government directive to suspend the Zimbabwe Stock Exchange (ZSE) operations on the 26th of June 2020 and the recent political threats to eject Old Mutual Zimbabwe, PPC and SeedCo International fr...Published: 19 Jul 2020 at 07:00hrs | 1357 | by Victor Bhoroma
ZSE resumes trading
The Zimbabwe Stock Exchange (ZSE) will resume the trading of shares next week minus three fungible securities, nearly a month after the local bourse was forced to suspend trades on allegations of spec...Published: 16 Jul 2020 at 08:03hrs | 2947 | by Staff reporter
CIO quizzes villagers for refusing relocation
EIGHT Shangaan community leaders in Chiredzi East were recently summoned to the Central Intelligence Organisation (CIO) office in the Lowveld and interrogated for allegedly inciting villagers to resis...Published: 16 Jul 2020 at 07:45hrs | 1858 | by Staff reporter
Eyebrows raised as Mohadi opens US$1,8m bridge
VICE-PRESIDENT Kembo Mohadi yesterday stood in for President Emmerson Mnangagwa to officially open a bridge constructed at a cost of US$1,8 million in Mvurwi, Mashonaland Central province, with expert...Published: 16 Jul 2020 at 07:43hrs | 2793 | by Staff reporter
'Mnangagwa determined to re-engage'
ZIMBABWE is determined to re-engage the world and is doing everything it can to improve the economic welfare of its people but needs the albatross rock of illegal economic sanctions imposed by western...Published: 16 Jul 2020 at 07:39hrs | 1087 | by Staff reporter
Youths hail government support on housing
Youths in Goromonzi District have hailed government's support in ensuring that citizens get residential stands through regularisation of illegal settlements in the area.Recently, National Hous...Published: 16 Jul 2020 at 06:17hrs | 589 | by Simbarashe Sithole
Mnangagwa snubs Mash Central at the eleventh hour, Mohadi appears
PRESIDENT Emmerson Mnangagwa allegedly snubbed Mashonaland Central province again at the eleventh hour where he was supposed to commission the 1,8 m...Published: 16 Jul 2020 at 06:11hrs | 5258 | by Simbarashe Sithole
Are there two different states: The dilemma of a praise singer
The job of a praise singer is one not to be envious of. Dr Simba Mavaza must find it so hard to believe his lies about Zimbabwe unless there is another Zimbabwe on planet Jupiter, which to him must be...Published: 15 Jul 2020 at 19:24hrs | 986 | by A Kadada
Mnangagwa will not resign on the 31st or any other day
The July 31st protests in Zimbabwe will have lasting consequences. While most of them are difficult to anticipate, some of the economic impacts are already being felt and add up to long-term challenge...Published: 15 Jul 2020 at 09:12hrs | 9218 | by Dr Masimba Mavaza
Mnangagwa's govt to regularise illegal settlements
Government has embarked on an exercise to regularise all illegal settlements in urban centres across the country and has engaged experts to expedite the process.Speaking at a Zanu-PF provincia...Published: 15 Jul 2020 at 08:31hrs | 2029 | by Staff reporter
'Zimbabwe's real GDP to contract 15,5%'
ZIMBABWE'S real gross domestic product (GDP) is seen contracting by 15,5% in 2020 as the foreign currency shortage, limited investment, company shutdowns, soaring inflation and lockdown measures to st...Published: 15 Jul 2020 at 08:25hrs | 334 | by Staff reporter
Panic Chinamasa and the Old Mutual threat
WHAT did Zanu-PF politburo member Patrick Chinamasa mean when he said the ruling party had endorsed a decision to "eject Old Mutual from the financial system"? Nobody knows. Not even Old Mutual itself...Published: 14 Jul 2020 at 08:43hrs | 4350 | by newZWire
Old Mutual's Zimbabwe operations continue to 'run as normal'
Old Mutual Zimbabwe says it is still seeking clarity on what the ruling Zanu-PF party meant when it said the group had been "ejected" from the country's financial system.The insurance giant ha...Published: 13 Jul 2020 at 16:40hrs | 2119 | by Staff reporter
Zimbabwe gold mines lure investor despite economic ruin
ZIMBABWE'S biggest gold mines are being snapped up by Mauritius-based Sotic International Ltd as the price of bullion soars to the highest in more than eight years.Landela Mining Ventures Ltd,...Published: 12 Jul 2020 at 10:42hrs | 415 | by Staff reporter
Prophet Magaya in stands scam
HUNDREDS of Prophetic Healing and Deliverance (PHD) Ministries followers recently besieged their leader Prophet Walter Magaya's offices in Cape Town, South Africa, demanding refunds following a botche...Published: 12 Jul 2020 at 10:20hrs | 1127 | by Staff Reporter
Mthuli Ncube faces uphill task
FINANCE minister Mthuli Ncube, expected to present his mid-term budget statement next week, faces a daunting task to craft a cocktail of measures to stem the steepest economic decline in Zimbabwe sinc...Published: 10 Jul 2020 at 07:21hrs | 4206 | by Staff reporter
Mthuli Ncube walks a tightrope
FINANCE minister Mthuli Ncube is expected to present a mid-term fiscal review statement next week. The country is on edge, as the steepest economic decline in living memory wreaks havoc. Even the hype...Published: 10 Jul 2020 at 07:12hrs | 4452 | by Staff reporter
'Mnangagwa fails to honour promises'
ZIMBABWE is currently going through political and economic crises that have caused untold suffering to citizens. At the same time, factionalism appears to be devouring both the ruling Zanu-PF and oppo...Published: 06 Jul 2020 at 18:00hrs | 5766 | by Staff reporter
MDC, the architects of Zimbabwe's misery
UNINFORMED Zimbabweans have continuously blamed Government for the current economic meltdown. For almost two decades, some sections of the society have continued to point fingers at the Government for...Published: 05 Jul 2020 at 11:07hrs | 830 | by Khumbula Vodloza Sibanda
No need to make Africa one country
There is obsession today among many Pan-Africanists of believing a one country Africa as the only viable way Africa can develop and eliminate all the problems it is facing. They believe that a one cou...Published: 05 Jul 2020 at 09:28hrs | 898 | by Lubani Nondo
Revenue increased 57% in one month and budget surplus became deficit - Ncube hocus pocus finance
In Minister of Finance, Professor Mthuli Ncube, Zimbabwe has Charles Dickens unsavoury Oliver Twist characters; Fagin, a conniving career criminal; Bill S...Published: 04 Jul 2020 at 05:50hrs | 2157 | by Patrick Guramatunhu
Matiza censured over collapsed DIDG deal
IN the wake of the controversial termination of the US$400 million National Railways of Zimbabwe (NRZ) recapitalisation deal last year by cabinet, Attorney-General (AG) Prince Machaya reportedly wrote...Published: 03 Jul 2020 at 08:27hrs | 2666 | by Staff reporter
RBZ floats $500 million Treasury Bills
THE Reserve Bank of Zimbabwe (RBZ) is seeking to raise $500 million through the issuance of Treasury Bills to fund Covid-19 pandemic expenditure. The pandemic which was first detected in China...Published: 03 Jul 2020 at 08:10hrs | 1089 | by Staff reporter
Mnangagwa's govt seek $5 million for COVID-19 fight
GOVERNMENT is seeking to raise $500 million through Treasury Bills (TBs) to meet the COVID-19 pandemic expenditure, the Reserve Bank of Zimbabwe has said.The apex bank has invited banks and bu...Published: 03 Jul 2020 at 07:43hrs | 108 | by Staff reporter
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