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Chamisa tells Zanu-PF to stop abusing chiefs
OPPOSITION Citizens Coalition for Change (CCC) leader Nelson Chamisa has demanded that President Emmerson Mnangagwa's Zanu-PF party desists from using chiefs and village heads as commissars during ele...Published: 3 hrs ago | 387 | by Staff reporter
Zimdollar makes paper gains
The economy has largely stabilised, especially from late last month, as a result of aggressive measures by Government to rein in market indiscipline, and market watchers are confident the latest inter...Published: 14 Aug 2022 at 07:22hrs | 532 | by Staff reporter
Mnangagwa says Zimbabweans must stop parroting foreign narratives
ZIMBABWEANS should believe in themselves despite the continued imposition of sanctions on the country and be inspired by the national interest to work harder to develop their own country rather than "...Published: 14 Aug 2022 at 07:21hrs | 308 | by Staff reporter
Zimbabwe's urban poor turn to "Car Supermarkets" to survive inflation
Sheila Gava forages the trunk of a stranger's Nissan car for dried tuna, Kellogg's biscuits and a bottle of canola oil."I've not stepped foot inside a high-street supermarket in three years," ...Published: 14 Aug 2022 at 07:18hrs | 193 | by Staff reporter
Zimbabwe to release smaller gold coins
Smaller Zimbabwean gold coins, as small as a tenth of an ounce, are expected to go on sale in November from the Reserve Bank of Zimbabwe so ordinary people can invest in them and store value for their...Published: 12 Aug 2022 at 06:35hrs | 689 | by Staff reporter
Contracted tobacco farmers urged to avoid double dipping
Senior Agronimist in Mashonaland Central province Lazarus Gatawa has urgerd contracted tobacco farmers to only stick to one contract company if they...Published: 11 Aug 2022 at 18:29hrs | 272 | by Simbarashe Sithole
Policy flaws chasing Forex from the formal market
It is estimated that US$2.5 billion is circulating outside the formal banking system in Zimbabwe with households, businesses and foreign investors preferring to store their hard-earned foreign currenc...Published: 11 Aug 2022 at 12:05hrs | 2095 | by Victor Bhoroma
Assessing the US$12 billion mining industry target
The Zimbabwean government launched an ambitious plan to transform the mining sector into a US$12 billion export industry by end of 2023. The plan was launched in October 2019 as a key pillar to sustai...Published: 11 Aug 2022 at 12:01hrs | 390 | by Victor Bhoroma
Is Zimbabwe's new gold coin evidence of a broader global trend?
Saber rattling by the Chinese Communist Party stoked investor fears this week, putting upward pressure on gold prices. CCP officials felt aggrieved by House Speaker Nancy Pelosi's visit to Taiwan, whi...Published: 09 Aug 2022 at 08:20hrs | 261 | by Mike Gleason
Investors talk up Zimbabwe gold coins
Mosi-oa-Tunya gold coins, which were released into the market by the Reserve Bank of Zimbabwe (RBZ) on July 25, are an alternative investment option to US dollars, stocks and the property market, and ...Published: 07 Aug 2022 at 08:17hrs | 403 | by Staff reporter
Zimbabwe banks run out of gold coins
DEMAND for the new Zimbabwean gold coins has been overwhelming and banks have been inundated by their corporate and individual customers seeking a legal and sensible way of preserving value.Th...Published: 01 Aug 2022 at 06:35hrs | 7173 | by Staff reporter
Zimbabwe banking on gold to fight inflation
With inflation soaring in Zimbabwe and the country's currency in free fall as people abandon it for the US dollar, the government of President Emmerson Mnangagwa is fighting back with a novel strategy...Published: 31 Jul 2022 at 09:13hrs | 1143 | by Lesley Wroughton
Zimbabwe developing a new US$60bn capita city
Plans to develop Zimbabwe's new capital city in Mt Hampden are gathering momentum, with a masterplan for the multi-billion-dollar ultra-modern development now complete.The US$60 billion metrop...Published: 31 Jul 2022 at 08:10hrs | 16513 | by Staff reporter
Zimbabwe is ripe for investment - it just needs to be done the right way
The massive surge in diaspora remittances to Zimbabwe - up to $1.4 billion last year - makes for an interesting case study of an economy significantly different from others. Not many countries can loo...Published: 27 Jul 2022 at 13:01hrs | 1709 | by Agencies
Unique Business seminar on the cards
A unique seminar dubbed Zva zve bag has been organised by Zimbabwe Business Journal. It is focused on helping self funded and independently funded start ups grow through actionable tactics , inspirati...Published: 27 Jul 2022 at 09:53hrs | 488 | by Mandla Ndlovu
Zimbabwe gold coin out today
The Reserve Bank of Zimbabwe (RBZ) will release the Mosi-oa-Tunya gold coins onto the market today and they will be sold in local currency, US$ and other foreign currencies.Their price is base...Published: 25 Jul 2022 at 06:27hrs | 988 | by Staff reporter
Strive Masiyiwa eyes US$500m for expansion
Zimbabwe-born billionaire Strive Masiyiwa, who runs firms including Africa's largest fibre-optic cable network, plans to raise as much as US$500-million to expand his digital infrastructure and servic...Published: 24 Jul 2022 at 10:02hrs | 687 | by Staff reporter
Zimbabwe's Cyber City mirage
I TOLD Mr (Shaji Ul) Mulk that my desire is to build a smart city like Dubai here. He agreed to build a smart city better than "Dubai," President Emmerson Mnangagwa told guests on Wednesday during the...Published: 23 Jul 2022 at 07:29hrs | 440 | by Paidamoyo Muzulu
Dubai billionaire to invest in Zimbabwe’s health sector
THE visiting Dubai billionaire and businessperson, Nawab Shaji Ul Mulk has expressed interest in investing in Zimbabwe's health sector.With a keen interest in diagnostics and radiology, the Du...Published: 22 Jul 2022 at 22:07hrs | 833 | by Staff Reporter
Zimbabwe mining surpasses US$5 billion
Zimbabwe's mining sector is registering unprecedented growth, for the first time in history, with earnings jumping to US$5,2 billion in 2021 from about US$2,9 billion in 2017, as positive gains contin...Published: 22 Jul 2022 at 06:39hrs | 232 | by Staff reporter
Mnangagwa's govt steps in to honour Pomona obligations
The Pomona dumpsite project has taken a new twist, with the Government, which is the guarantor, now set to honour its obligations as outlined in the contract between Harare City Council and Geogenix B...Published: 22 Jul 2022 at 06:39hrs | 236 | by Staff reporter
Dubai firm agrees to invest US$100m in Zimbabwe's drugs deal
The drive to attract fresh investment continued yesterday, with Zimbabwe now set to become a hub of pharmaceutical manufacturing for national and regional consumption following the signing of a joint ...Published: 22 Jul 2022 at 06:38hrs | 320 | by Staff reporter
Israeli billionaire targets Zimbabwe real estate, mining
ISRAELI billionaire and Shabtai Group of Companies president, Mr Gilad Shabtai, is in the country and has already met President Mnangagwa to discuss and explore the various investment opportunities av...Published: 22 Jul 2022 at 06:38hrs | 453 | by Staff reporter
More light must be shed on gold coins to instil confidence
Consumer and investor confidence will likely be a game changer as the nation waits patiently for gold coins, which will be available beginning July 25 this year.The coins will be available thr...Published: 21 Jul 2022 at 06:40hrs | 126 | by Staff reporter
Cyber-City putting Zimbabwe on 4th Industrial Revolution footing?
The Cyber-City development in Mount Hampden, a major investment by a group of Dubai-based investors and part of the efforts for Zimbabwe to push ahead through the Fourth Industrial Revolution, took an...Published: 21 Jul 2022 at 06:39hrs | 245 | by Staff reporter
Mnangagwa in Bulawayo for Mine Entra
PRESIDENT Mnangagwa arrived in Bulawayo last night ahead of today's official opening of the 25th edition of the Mining, Engineering and Transport (Mine Entra) at the ZITF exhibition centre.The...Published: 21 Jul 2022 at 06:39hrs | 190 | by Staff reporter
Chidawu leaves bitter-sweet legacy
THE untimely death Tuesday of Harare Metropolitan Provincial Affairs minister, Oliver Chidawu (68), due to suspected cardiac arrest, ignited social media amid revelations the top engineer-cum-politici...Published: 20 Jul 2022 at 08:19hrs | 2498 | by Staff reporter
Zimbabwe gold coins to be held for at least 180 days
Individuals and institutional buyers of Reserve Bank of Zimbabwe (RBZ's) gold coins will be required to hold them for at least 180 days before selling while exporters earning less than a million US do...Published: 20 Jul 2022 at 06:34hrs | 696 | by Staff reporter
Mnangagwa to commission US$500 million Cyber City project
PRESIDENT Emmerson Mnangagwa will on Wednesday commission the US$500 million Cyber City project in Mount Hampden, Harare after Dubai-based billionaire Shaji Ul Mulk pledged to fund the project....Published: 19 Jul 2022 at 06:13hrs | 869 | by Staff reporter
Concern over Zimbabwe's gold coins
ONE of Zimbabwe's top asset managers, Zimnat Asset Management (Zimnat) has noted that the country's gold coins scheme is elitist and cannot present significant arbitrage profiteering opportunities in ...Published: 19 Jul 2022 at 06:12hrs | 1466 | by Staff reporter
UAE billionaire's Zimbabwe projects take shape
DUBAI-based billionaire businessman Mr Shaji Ul Mulk arrived back in Harare last night ahead of a ground-breaking ceremony for the US$500 million Zimbabwe Cyber city project, which will see the constr...Published: 18 Jul 2022 at 08:18hrs | 817 | by Staff reporter
The return of border gezi militia
The government's plans to rescuscitate the green bombers ahead of 2023 harmonised elections is another Zanu PF strategy of trying to intimidate the voters.This governing Zanu PF has been prove...Published: 16 Jul 2022 at 20:25hrs | 773 | by Leonard Koni
Biti claims Zimbabwe iInflation now 430%
OPPOSITION Citizens Coalition for Change (CCC) deputy leader and Harare East legislator Tendai Biti has demanded a ministerial statement by Treasury on the country's worsening economic crisis....Published: 14 Jul 2022 at 07:37hrs | 997 | by Staff reporter
Zanu-PF readies for October elective congress
Zanu-PF has begun preparations for this year national elective congress set for October, the party's Secretary for Information and Publicity, Christopher Mutsvangwa, has said.Speaking at a pos...Published: 14 Jul 2022 at 07:28hrs | 141 | by Staff reporter
'Chamisa could defeat the unreformed Mnangagwa'
ZIMBABWE has been reeling under a multifaceted economic and political crisis since 2000, and it appears there is no end in sight. Amid chronic high inflation, Zimbabwe is confronted with a crucial gen...Published: 12 Jul 2022 at 18:17hrs | 5567 | by Staff reporter
RBZ dismisses gold coin rumours
The Reserve Bank of Zimbabwe on Thursday dismissed as "fake news", social media content alleging that gold coins were already available ahead of their official release date.The central bank an...Published: 07 Jul 2022 at 20:13hrs | 1376 | by Staff reporter
Mnangagwa says there is too much graft in procurement processes
PRESIDENT Emmerson Mnangagwa yesterday said that the country's procurement processes are riddled with high level corruption, resulting in loss of funds.He made the remarks while officiating at...Published: 07 Jul 2022 at 08:06hrs | 3208 | by Staff reporter
Zimbabwe scores high on budget transparency rankings
ZIMBABWE has improved its rankings in national budget transparency after climbing up the ladder by 11 points to settle at number 41 out of 120 countries surveyed from 52 last year, becoming the third ...Published: 07 Jul 2022 at 07:58hrs | 185 | by Staff reporter
Zimbabwe's failure centres around you, Your Excellency
DEAR President Emmerson Mnangagwa,Your Excellency, a sage stated that a carpenter whose only tool is a hammer is an unproductive craftsman. He cannot produce a basic stool, given that his only...Published: 06 Jul 2022 at 18:06hrs | 929 | by Cyprian Muketiwa Ndawana
Cost of Zimbabwe gold coins to be based on international prices
THE Reserve Bank of Zimbabwe (RBZ) is set to commence the trading of gold coins this month in a bid to introduce an alternative store of value in the market amid optimism that the coins will impact th...Published: 05 Jul 2022 at 21:06hrs | 775 | by Staff reporter
Road rehab ignites hope in Manama
FOR villagers in Manama, the rehabilitation of the Guyu-Manama Road in Gwanda District is the beginning of endless possibilities.With a good road network, villagers believe more investors will...Published: 05 Jul 2022 at 07:04hrs | 446 | by Staff reporter
Gold coins to be sold in Zimdollars
THE Reserve Bank of Zimbabwe (RBZ) says its planned gold coins, to be introduced as an alternative investment option and inflation hedge on July 25, will be traded in both Zimbabwe dollars and foreign...Published: 05 Jul 2022 at 07:03hrs | 1168 | by Staff reporter
RBZ gold coins to strengthen Zimdollar
The Reserve Bank of Zimbabwe (RBZ) last week, following a resolution agreed on by its Monetary Policy Committee (MPC), announced plans to introduce gold coins to be used as a new investment tool to st...Published: 04 Jul 2022 at 06:54hrs | 408 | by Staff reporter
Police caution politicians over hate speech ahead of 2023 polls
The Zimbabwe Republic Police (ZRP) has cautioned politicians against using inflammatory language or hate speech that incite violence and polarize the country ahead of the 2023 elections, The Standard ...Published: 03 Jul 2022 at 09:29hrs | 347 | by Staff reporter
Date set for Zimbabwe gold coins rollout
GOLD coins that were announced last week as a new measure and alternative to store monetary value, will be introduced into the market mid-this month and will be purchased using both foreign and local ...Published: 03 Jul 2022 at 09:28hrs | 2911 | by Staff reporter
Mnangagwa says Zimbabwe is on irreversible forward march
ZIMBABWE is experiencing increased inflows of foreign direct investment (FDI) projects in most provinces, at a time when the world is grappling with multiple economic challenges.This indicates...Published: 03 Jul 2022 at 09:22hrs | 2370 | by Staff reporter
Zimbabwe gold coins: A masterstroke?
IT is indeed in times of crisis and turmoil that the creativity of nations emerges and in my opinion, the idea of launching gold coins by the Reserve Bank of Zimbabwe (RBZ) is a master stroke that cou...Published: 01 Jul 2022 at 07:28hrs | 2743 | by Staff reporter
Gold coins: Broadening and cementing economic confusion
THE Reserve Bank of Zimbabwe really loves to lie to the people and then start believing its own lies.This thing of gold coins to preserve value does not make any economic logic and I will say ...Published: 01 Jul 2022 at 07:24hrs | 573 | by Brian Sedze
Mnangagwa says he is no longer free
PRESIDENT Emmerson Mnangagwa yesterday says he no longer enjoyed public life because he was always surrounded by more than 100 security personnel.Addressing businesspeople at the official open...Published: 30 Jun 2022 at 06:49hrs | 19221 | by Staff reporter
Tsholotsho, Nkayi roadworks take shape
THE construction of major roads linking Bulawayo with Nkayi and Tsholotsho districts has gathered momentum as the Second Republic steps up efforts towards completing outstanding infrastructure develop...Published: 30 Jun 2022 at 06:45hrs | 573 | by Staff reporter
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