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'Mnangagwa should look for salvation at Davos'
PRESIDENT Emmerson Mnangagwa should use the World Economic Forum in Davos, Switzerland, to re-engagement investors to help drag Zimbabwe out of a debilitating economic quagmire, analylists have said....Published: 6 hrs ago | 258 | by Staff reporter
Mnangagwa arrives in Davos
President Mnangagwa and his delegation arrived here this morning for this year's World Economic Forum, where he is expected to network with other world leaders in line with the country's engagement an...Published: 23 May 2022 at 12:46hrs | 1045 | by Staff reporter
Mnangagwa slams western hypocrisy
PRESIDENT Mnangagwa has slammed western hypocrisy where "false environmental and mining lobby groups" are paid to agitate local communities to fight non-western investment in their localities. The cou...Published: 23 May 2022 at 06:39hrs | 377 | by Staff reporter
Mnangagwa leaves for Switzerland
PRESIDENT Mnangagwa last night left Harare for Davos-Klosters, Switzerland, to attend the World Economic Forum (WEF) annual meeting where he will join 50 other heads of state and government to deliber...Published: 23 May 2022 at 06:35hrs | 172 | by Staff reporter
Mnangagwa speaks on fake nationalism
ZIMBABWEANS should remain vigilant against a new wave of fake nationalism designed to discourage African countries from dealing with investors that are not from the West, which is using all means poss...Published: 22 May 2022 at 08:29hrs | 198 | by Staff reporter
'Davos meeting a major breakthrough'
ZIMBABWE'S re-engagement drive will shift into top gear this week when President Mnangagwa joins hundreds of world leaders and heads of multinational corporations in Davos, Switzerland, for the World ...Published: 22 May 2022 at 08:28hrs | 69 | by Staff reporter
Zimdollar, US dollar use to stay
FINANCE and Economic Development Minister, Professor Mthuli Ncube, has encouraged Zimbabweans to use both the Zimbabwe dollar and United States dollar as the country transitions towards adoption of a ...Published: 22 May 2022 at 08:27hrs | 149 | by Staff reporter
Bulawayo reindustrialisation ongoing
The Zimbabwe Investment and Development Agency (ZIDA) has licensed three companies under the Special Economic Zones (SEZs) initiative in Bulawayo but there are growing concerns implementation is movin...Published: 22 May 2022 at 08:27hrs | 117 | by Staff reporter
Lobby group in bid to block Zimbabwe's Davos delegation
A LOBBY group, Fight Inequality Alliance Zimbabwe (FIA) says Zimbabwe's attendance of the World Economic Forum (WEF) meeting to be held in Davos, Switzerland will be a waste of taxpayers' money....Published: 19 May 2022 at 06:37hrs | 745 | by Staff reporter
Mnangagwa meets another Dubai investors delegation
A three-member delegation from one of the largest marine terminal operators in the world, DP World owned by the government of Dubai in the United Arab Emirates (UAE), who are in Zimbabwe to set up log...Published: 19 May 2022 at 06:32hrs | 68 | by Staff reporter
US, CCC and local journalists gang up to foment chaos
The US government through its Harare embassy has started sponsoring local journalists to write more negative stories about Zimbabwe, at the same time undermining Chinese investments to create national...Published: 18 May 2022 at 06:19hrs | 548 | by Gibson Nyikadzino
Biti loses second application
A bid to evade Harare magistrate Mrs Vongai Muchuchuti Guwuriro by Tendai Biti yesterday hit a brick wall for the second time after she dismissed his application for her recusal.Biti is facing...Published: 17 May 2022 at 19:58hrs | 323 | by Staff reporter
Mutsvangwa dreams of a stable Zimdollar
Zimbabwe's economy continues to grow despite illegal sanctions imposed on the country by the West and the nation is now being rallied to support President Mnangagwa's vision of stabilising the local c...Published: 17 May 2022 at 06:32hrs | 299 | by Staff reporter
Zimbabwe suspends platinum levy
THE Government has suspended the 5 percent levy on raw platinum exports after miners lobbied the Treasury for its removal citing its detrimental impact on operations and the commitment by industry pla...Published: 17 May 2022 at 06:31hrs | 127 | by Staff reporter
African Mining Sector Set for Strong Growth in 2022
Johannesburg - 16 May 2022 - With mining companies currently enjoying high prices, exceptional production performance and robust supply chains, the mining team from Stanbic Bank's parent company, Stan...Published: 16 May 2022 at 11:52hrs | 396 | by Mark Buncombe, Head of Mining and Metals at Standard Bank Group
Mayweather Jnr coming to Zimbabwe?
The Second Republic's re-engagement and engagement policy is now bearing fruit, with reports that one of the richest former American boxers Floyd Joy Mayweather Jr is expected to visit the country for...Published: 16 May 2022 at 06:21hrs | 617 | by Staff reporter
Zimdollar, US dollar use to stay
FINANCE and Economic Development Minister, Professor Mthuli Ncube, has encouraged Zimbabweans to use both the Zimbabwe dollar and United States dollar as the country transitions towards adoption of a ...Published: 15 May 2022 at 06:12hrs | 683 | by Staff reporter
Mnangagwa guns for economic hitmen
PRESIDENT Emmerson Mnangagwa's administration has launched a massive clampdown on some big corporates suspected of conniving with local banks to borrow billions of Zimbabwean dollars which they used t...Published: 13 May 2022 at 19:14hrs | 392 | by Staff reporter
Foreign banks troop to Zimbabwe forex auction
UNITED States-based multinational investment outfit JP Morgan was among global lenders that repatriated a combined US$30 million through the Reserve Bank of Zimbabwe (RBZ)'s forex auction system by th...Published: 13 May 2022 at 19:10hrs | 688 | by Staff reporter
Govt cracks down on speculators
GOVERNMENT is clamping down on big corporates, which borrowed billions of Zimbabwe dollars and used the money for speculative activities while taking advantage of exchange rate movements to push up pr...Published: 13 May 2022 at 19:02hrs | 110 | by Staff reporter
Bank lending freeze targets big corporates enjoying 'arbitrage profits'
HARARE - The Zimbabwe government is clamping down on big corporates which borrowed billions in Zimbabwean dollars and allegedly used the money for speculative activities.Authorities say the co...Published: 13 May 2022 at 14:50hrs | 1139 | by Staff Reporter
Zimbabwe's idle cannabis licence holders put on notice
The US$27 million medical cannabis farm and processing plant at Mount Hampden set up by Swiss Biocieuticals Limited was commissioned yesterday by President Mnangagwa who urged others with permits for ...Published: 12 May 2022 at 06:28hrs | 108 | by Staff reporter
Chamisa's CCC slams Mnangagwa
The Citizens Coalition for Change (CCC) on Wednesday vowed a robust challenge to controversial measures to shore up the fast-depreciating Zimbabwe dollar, announced by President Emmerson Mnangagwa las...Published: 11 May 2022 at 19:10hrs | 550 | by Staff reporter
Mnangagwa's 'paranoid' measures roundly condemned
VARIOUS stakeholders and experts roundly condemned economic stabilisation measures introduced by President Emmerson Mnangagwa to "stop economic hitmen" from sabotaging his under-fire administration....Published: 11 May 2022 at 09:16hrs | 1679 | by Staff reporter
Zimbabwe's central bank clarifies lending directive
The central bank says the suspension of lending by banks to government and private institutions announced by President Emmerson Mnangagwa at the weekend will include micro-financial institutions....Published: 11 May 2022 at 09:13hrs | 992 | by Staff reporter
Dollar o'clock: Should Zimbabwe axe its faltering currency again?
IN early 2019, Zimbabwe's central bank announced plans to bring back the Zimbabwe dollar as legal tender after a decade of using the US dollar and seven other international currencies because raging h...Published: 11 May 2022 at 09:11hrs | 406 | by Staff reporter
More investors flock into Zimbabwe
United Arab Emirates billionaire investor Mr Shaji Ul Mulk, who is back in the country to ensure the implementation of projects agreed during his visit last month, has said the country offers vast unt...Published: 11 May 2022 at 09:08hrs | 274 | by Staff reporter
Zimbabwe faces implosion
ZIMBABWE is facing an implosion due to myriad challenges and senators have warned that protests may be the order of the day going forward as long as there is no solution to the economic crisis prevail...Published: 10 May 2022 at 17:29hrs | 3405 | by Staff reporter
BCC ropes in private players on roads
LACK of plant and equipment has forced the Bulawayo City Council (BCC) to contract private companies to re-gravel city roads.The local authority has only one functional grader and was in sixes...Published: 10 May 2022 at 07:44hrs | 284 | by Staff reporter
Biti regurgitates application
CCC official Tendai Biti, who is facing charges of manhandling Russian investor Ms Tatiana Aleshina outside Harare Magistrates Court, is yet again seeking the recusal of Harare magistrate Mrs Vongai G...Published: 10 May 2022 at 07:40hrs | 226 | by Fungi Kwaramba
Mnangagwa tells Judges to behave
PRESIDENT Emmerson Mnangagwa yesterday expressed anger over the conduct of some judges after three of them were dismissed from work while another is under investigation for misconduct.Mnangagw...Published: 07 May 2022 at 06:21hrs | 1752 | by Staff reporter
4 radio station projects complete
GOVERNMENT has completed four radio station projects while it has embarked on other new projects that include the production of obituaries profiling contributions made by heroes and heroines interred ...Published: 05 May 2022 at 07:08hrs | 325 | by Staff reporter
Putin to terminate exports and deals with the West
Russian President Vladimir Putin put the West on notice on Tuesday that he could terminate exports and deals, the Kremlin's toughest response yet to the sanctions burden imposed by the United States a...Published: 03 May 2022 at 20:52hrs | 2164 | by Staff reporter
Laying of pipes brings Gwayi-Shangani water closer
AN over a century old dream to bring water from Lake Gwayi-Shangani to Bulawayo is close to reality as some pipes for laying the pipeline that arrived in the country last week have been placed at stra...Published: 03 May 2022 at 15:38hrs | 505 | by Staff reporter
Mnangagwa to copy Putin's currency strategy
Zimbabwe's President Emmerson Mnangagwa is trying to emulate Russian President Vladimir Putin in his attempt to revive Africa's worst performing currency. Mnangagwa's administration may announ...Published: 03 May 2022 at 06:43hrs | 2930 | by Staff reporter
Universities to copy Nust accommodation model
THE Infrastructure Development Bank of Zimbabwe (IDBZ) will replicate the National University of Science and Technology (Nust) student accommodation model at other universities to curb shortages at te...Published: 02 May 2022 at 08:03hrs | 715 | by Staff reporter
Bulawayo's student accommodation complex to be complete by August
THE Bulawayo student accommodation being constructed by the Infrastructure Development Bank of Zimbabwe near the National University of Science and Technology will be completed and commissioned in Aug...Published: 01 May 2022 at 11:16hrs | 135 | by Staff reporter
Brawl over CSC turns nasty
A nasty brawl between new investor in Cold Storage Company (CSC) and the judicial manager, which threatens to scupper current initiatives to revive the once-vibrant meat processor, has emerged, The Su...Published: 01 May 2022 at 11:05hrs | 138 | by Staff reporter
Mnangagwa's govt mulls creation of Smart cities
FIGTREE in Bulilima district, Matabeleland South, has been identified as one of three places in the country to be transformed into a digital and green energy smart city.Announcing the plan in ...Published: 30 Apr 2022 at 16:26hrs | 768 | by Staff reporter
Zimbabwe govt desperate for Western bailout
Zimbabwe has taken its begging bowl to the international community as it desperately seeks financial sponsors to help pay off nearly US$2.5 billion in external arrears owed to the World Bank and the A...Published: 30 Apr 2022 at 16:25hrs | 1062 | by Staff reporter
Chamisa: When the snake bites the charmer
Staring the abyssVery slowly but definitely quite surely, the world is drifting towards a scary nuclear abyss. The conflict in Eastern Europe now has all the makings of a major superpo...Published: 30 Apr 2022 at 16:10hrs | 198 | by jamwanda
The latest risks & opportunities in the cryptocurrency market
The cryptocurrency markets never stand still. For some, that is their greatest feature, but for others, it's what stands in the way of mass adoption of alternative currencies. What are the latest risk...Published: 28 Apr 2022 at 16:20hrs | 341 | by Staff Writer
Water projects to boost Bulawayo investment
THE ongoing Government funded water projects will go a long way in enhancing Bulawayo's investment opportunities and spur its economic growth momentum, Bulawayo Provincial Affairs and Devolution Minis...Published: 28 Apr 2022 at 08:58hrs | 109 | by Staff reporter
Zesa dedicates 100MW to winter wheat
THE power utility, Zesa, has committed to availing 100 megawatts of electricity towards winter wheat production as a way of supporting food security and cushioning the country from global shocks....Published: 28 Apr 2022 at 08:56hrs | 99 | by Staff reporter
Chiwenga slams price madness
VICE President Dr Constantino Chiwenga has said the resurgent price madness being experienced in the market is unjustified given the prevailing stable economic fundamentals and the supportive fiscal a...Published: 28 Apr 2022 at 08:56hrs | 367 | by Staff reporter
Bard Santner Markets to tap diaspora investment capital
BARD Santner Markets Inc, a new Harare-based international banking and finance advisory firm, has come up with a plan to tap into diaspora investment capital seeking new opportunities in pro...Published: 27 Apr 2022 at 18:46hrs | 472 | by Staff Reporter
Investor sues PG, deputy
A LOCAL investor is suing the Prosecutor General Nelson Mutsonziwa and his deputy Michael Reza for causing his prosecution over what he believes is an unsubstantiated allegation.Joseph Richard...Published: 26 Apr 2022 at 08:21hrs | 118 | by Staff reporter
Mthuli Ncube holds talks with investors on USD bond
Finance and Economic Development Minister Professor Mthuli Ncube last week held a productive meeting with international investors who are keen to participate in the Government's US$100 million bond th...Published: 25 Apr 2022 at 08:49hrs | 574 | by Staff reporter
Mineworkers still suffering after 42 years of independence
ZIMBABWE mine workers are still suffering and subjected to slavery 42 years after the country gained independence.This is said by the Zimbabwe Diamond and Allied Minerals Workers Union (...Published: 21 Apr 2022 at 12:39hrs | 1029 | by Stephen Jakes
Chombo wins back repossessed farm
FORMER Local Government minister Ignatious Chombo has won back his Allan Grange Farm in Zvimba, which was repossessed by government through a phone call by Agriculture minister Anxious Masuka's messen...Published: 21 Apr 2022 at 11:46hrs | 1419 | by Staff reporter
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