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3 reasons why it's all going wrong for Mnangagwa
HOW did things turn so bad for Zimbabwe's President Emmerson Mnangagwa?He won the disputed July 30 2018 elections, but even before the results were officially announced, protesters were being ...Published: 18 Feb 2019 at 07:09hrs | 1042 | by Stephen Chan
National dialogue deadlock: Hope keeps eluding Zimbabwe
NATIONAL dialogue meant to unite Zimbabweans around a common vision has failed to gain traction as the leading political parties have taken deeply entrenched hardline positions, plunging the country d...Published: 15 Feb 2019 at 08:22hrs | 220 | by Staff reporter
Mthuli Ncube, Mangudya in bitter fight over new Zimdollar
PRESIDENT Emmerson Mnangagwa has been forced to intervene in a growing turf war between Reserve Bank of Zimbabwe governor John Mangudya and his boss Finance minister Mthuli Ncube on the path Zimbabwe ...Published: 14 Feb 2019 at 15:51hrs | 19317 | by Staff reporter
Zanu-PF feeds Govt economic drive
The ruling party last December held its Annual People's Conference in Esigodini where a number of resolutions that centre on the economy were passed.But over and above the resolutions, we had ...Published: 10 Feb 2019 at 05:49hrs | 110 | by Staff reporter
Mangudya expected to tackle fiscal rot
CENTRAL bank chief John Mangudya will have to make bold monetary policy decisions or risk the country sliding back into hyperinflation, analysts say.Mangudya, who is yet to present his much-an...Published: 08 Feb 2019 at 08:51hrs | 1745 | by Staff reporter
Return of the Zimdollar?
THE Reserve Bank of Zimbabwe (RBZ) governor John Mangudya is due to release the monetary policy and the policy position is highly anticipated against the sustained monetary related macro-economic defi...Published: 07 Feb 2019 at 15:00hrs | 7242 | by Respect Gwenzi
'Cement pricing aligned with inflationary rise'
LEADING cement manufacturer, Pretoria Portland Cement (PPC), says despite the difficult trading conditions, average cement prices in the Southern Africa region last year increased marginally by betwee...Published: 06 Feb 2019 at 22:42hrs | 3058 | by Staff reporter
Mnangagwa loses control of the military
Zimbabwe' is unlikely to have a coup targeted at President Emmerson Mnangagwa succeeding at the president moment because of the divisions in the security services with some loyal to Mnangagwa and othe...Published: 05 Feb 2019 at 16:34hrs | 26647 | by Mandla Ndlovu
Money is not the only solution to Zimbabwe's problems
Money has become central to how our authorities are conceptualising and defining solutions to our problems. This is why there is so much effort by Finance minister Mthuli Ncube to secure credit lines ...Published: 04 Feb 2019 at 08:07hrs | 917 | by Tapiwa Gomo
Mnangagwa never requested Chinese bailout
PRESIDENT Emmerson Mnangagwa has denied approaching his Chinese counterpart Xi Jinping asking for a US$2 billion bailout package on the sidelines of the Forum on China-Africa Co-operation (Focac) in B...Published: 01 Feb 2019 at 14:07hrs | 426 | by Staff reporter
Introduction of new currency needs strong back facility and increase in production levels
School of thought Introducing our own currency is a good idea but ill-timed and a misplaced and misguided priority. The focus for now should be increase...Published: 28 Jan 2019 at 20:54hrs | 2393 | by Tinashe Eric Muzamhindo
'Float or demonetise bond notes,' says experts
RESERVE Bank of Zimbabwe (RBZ) governor John Mangudya is this week expected to present the monetary policy statement amid calls that he should address the deep-seated currency challenges which are aff...Published: 27 Jan 2019 at 19:18hrs | 9916 | by Staff reporter
Re-introducing local currency, not so fast
THE government recently pledged to re-introduce a local currency to replace the current multi-currency regime within 12 months in its efforts to address a mounting economic crisis.Making the a...Published: 25 Jan 2019 at 14:31hrs | 860 | by Tinashe Kaduwo
Mnangagwa running out of options - and time
ZIMBABWE'S political chaos is a function of its economic crisis – and the economy is only getting worse. To all intents and purposes, Zimbabwe is broke.The government has so little income that i...Published: 25 Jan 2019 at 08:40hrs | 4315 | by Simon Allison
South Africa will help Zimbabwe
IN the wake of a week of unparalleled security force violence against civilians in Zimbabwe and signs of economic collapse, South Africa is working on throwing its northern neighbour a lifeline. ...Published: 25 Jan 2019 at 08:40hrs | 4314 | by African News Agency
'Dump bond notes'
Zimbabwe should dump its discredited bond notes and real time gross settlement (RTGS) system and re-introduce the United States dollar as a way of solving the country's fragile currency situation and ...Published: 22 Jan 2019 at 16:08hrs | 2001 | by STaff reporter
No South African bailout for Zimbabwe
Zimbabwe's plan to seek an emergency financial package from South Africa suffered a big blow after the region's economic powerhouse cited budgetary constraints as it prepares for its next general elec...Published: 20 Jan 2019 at 16:53hrs | 6226 | by Staff reporter
Zimbabwe's Monetary Death Spiral
PRESIDENT Mnangagwa's pledge that Zimbabwe is "open for business" rings hollow. Indeed, many businesses in Zimbabwe are shuttered. An increase in government controlled fuel prices over the weekend has...Published: 18 Jan 2019 at 12:59hrs | 2449 | by Prof Steve H. Hanke
Chamisa told to put national interest first
PRESIDENT Emmerson Mnangagwa has called on Zimbabwe's political opposition to place the national interest at the centre of its philosophy and actions. The President said this as he delivered a...Published: 18 Jan 2019 at 11:51hrs | 2173 | by Staff reporter
Bond notes and their possible long-term legacy
Zimbabwe's export incentive scheme, bond notes, were introduced to encourage exports and address the liquidity crunch in the country. If, for example, tobacco exporters accept bond notes, they receive...Published: 17 Jan 2019 at 10:23hrs | 1208 | by Staff reporter
The Hard Truth About The Fuel Price Increase
Sometimes the truth hurts. And in this case, it really hurts. The price increases were both necessary and proportional. The economy needs them. The country needs them. However there has be...Published: 17 Jan 2019 at 09:58hrs | 2025 | by Faith Hope
ZSE charms investors
STOCKBROKERS Association of Zimbabwe vice-president Arnold Dhlamini expects higher trading on the Zimbabwe Stock Exchange (ZSE) due to a rise in inflationary pressures from the recent fuel increases....Published: 17 Jan 2019 at 07:29hrs | 159 | by Staff reporter
Mnangagwa calls MDC to place national interest at the centre of its actions
President Mnangagwa has called on Zimbabwe's political opposition to place the national interest at the centre of its philosophy and actions. The President said this as he delivered a guest le...Published: 17 Jan 2019 at 00:05hrs | 484 | by Staff reporter
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 | 1691 | by Elijah Chihota
Accountability is a key tool of Governance
In the donor community, one of the major requirement is accountability and proper management of resources. In the development world, there is what we call, Monitoring process and evaluation and projec...Published: 07 Jan 2019 at 20:38hrs | 344 | by Tinashe Eric Muzamhindo
Of mute MPs and their mute brigade
Parliament offers its members many platforms to speak on diverse issues.A member can rise on the floor to table a petition, a private members' Bill, raise a matter of national importance, ask ...Published: 06 Jan 2019 at 17:55hrs | 650 | by Blessings Mashaya
'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 | 576 | 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 | 489 | by Garikai Dzoma
Zimbabwe bond notes under siege
The bond note is increasingly suffering rejection from the corporate sector after Delta Corporation Limited went public on Wednesday saying it will be selling its products in hard currency.Del...Published: 04 Jan 2019 at 19:31hrs | 6844 | by Staff reporter
Zimbabwe's muscle-conomics: The Case of Delta and Civil Servants
In a joint press release on January 3 by the central bank and Delta Corporation, whose arm is the country's biggest beverages maker, backtracked on its decision to sell its products in hard currency. ...Published: 04 Jan 2019 at 13:40hrs | 4947 | by Robert Sigauke, Political Commentator, Cape Town
'Zimbabwe diplomats live in dilapidated houses'
Zimbabwe diplomats in various countries are living in dilapidated houses, Parliamentary portfolio committee on Foreign Affairs and International Trade has revealed.In a report presented in the...Published: 02 Jan 2019 at 14:09hrs | 435 | by Staff reporter
Mnangagwa says, 'Mining, tourism to anchor recovery in 2019'
President Emmerson Mnangagwa yesterday promised that 2019 would be a much better year for Zimbabweans, pinning economic revival on the growth of tourism and new mining projects."I am confident...Published: 01 Jan 2019 at 11:13hrs | 123 | by Staff reporter
'Zimbabwe inflation rate drops'
The country's inflation rate has dropped by over seven percent as government has been working tirelessly to contain price increases, Finance and Economic Development Minister Mthuli Ncube has said....Published: 31 Dec 2018 at 18:44hrs | 1132 | by Staff reporter
Zimpost revenue dips on working capital constraints
ZIMPOST says it generated $19,3 million in revenue in the 11 months to November, which was 12% below the $22 million achieved last year, as liquidity challenges and working capital constraints affecte...Published: 31 Dec 2018 at 18:18hrs | 83 | by Staff reporter
Chamisa's messy takeover and other 2018 highlights
AFTER nearly 40 years of former guerrilla leader Robert Mugabe's rule, 2018 opened with the successor he did not want, President Emmerson Mnangagwa, consolidating his rule and embarking on a global ch...Published: 31 Dec 2018 at 18:04hrs | 261 | by Staff reporter
Zimbabwe cash crisis persists
The cash crisis is worsening with some banks reportedly turning away their clients as early as 7am yesterday, advising that they had no money.Contacted for comment, Reserve Bank of Zimba...Published: 29 Dec 2018 at 18:33hrs | 707 | by Staff reporter
US agency warns of imminent drought in Zimbabwe
The United States Agency for International Development has warned of an imminent drought in Zimbabwe, following delays in rainfall being experienced in the 2018/2019 season.A food security rep...Published: 28 Dec 2018 at 18:31hrs | 2017 | by Staff Reporter
Economic meltdown pushing many into poverty
As the festive mood grips the nation, there is a feeling among most Zimbabweans that the 2018 Christmas will be dull. Economic woes headlined by cash shortages, fuel shortages, multi-tier pricing and ...Published: 24 Dec 2018 at 16:52hrs | 910 | by Victor Bhoroma
Zanu-PF, MDC talks unfolding behind-the-scenes
WHILE President Emmerson Mnangagwa this week ruled out talks and a power-sharing arrangement with the MDC-Alliance, saying Zanu-PF had won a two-thirds majority in the July general elections, it has e...Published: 22 Dec 2018 at 18:47hrs | 4770 | by Staff reporter
Chamisa rejects Motlanthe report
The country's largest opposition party has rejected in toto the report by the Commission of Inquiry into the potically-motivated violence that rocked the capital city on August 1, resulting in the dea...Published: 21 Dec 2018 at 12:19hrs | 5155 | by Staff reporter
Chamisa desperate for talks with Mnangagwa
MDC leader Nelson Chamisa yesterday said President Emmerson Mnangagwa should swallow his pride and agree to dialogue with him in order to resolve the economic crisis in the country, characterised by p...Published: 21 Dec 2018 at 10:49hrs | 3164 | by Staff reporter
'Zimbabwe faces prospect of a drought'
ZIMBABWE'S crop and livestock production will be negatively affected by delays in rainfall being experienced in the 2018/19 season, a food security report by the United States Agency for International...Published: 20 Dec 2018 at 07:04hrs | 1557 | by Staff reporter
Best economic models that Zimbabwe government can adopt
Apparently we have the following challenges in our mainstream economy - Production levels are very low ( imports exceeding exports therefore balance of payments affected-&nbs...Published: 19 Dec 2018 at 22:17hrs | 2239 | by Tinashe Eric Muzamhindo
Dembare challenge Epoupa Fifa ruling
DYNAMOS have lodged an appeal with Fifa following the world soccer body's ruling ordering the Harare giants to pay their ex-striker Joel Christian Epoupa in excess of US$16 000 in hard currency they o...Published: 18 Dec 2018 at 05:51hrs | 823 | by Staff reporter
Zanu PF fails to address pressing issues, 'cries' Chamisa party
The resolutions of the Zanu PF annual conference exposed their misunderstanding of the reality on the ground. They reflect the failed party's lack of care for the suffering masses of the Zimbabwe. As ...Published: 17 Dec 2018 at 07:37hrs | 2287 | by Jacob Mafume, MDC National Spokesperson
Mawere to testify before a parliamentary panel on SMM
Zimbabwe lawmakers have formally okayed a request by South Africa-based businessman Mutumwa Mawere to explain at a portfolio committee hearing how the government seized his Shabanie Mashaba Mines (SMM...Published: 16 Dec 2018 at 14:03hrs | 304 | by Staff reporter
Banking sector posts 77% profit jump
Zimbabwe's banking sector boosted profitability in the nine months to September 30, 2018 posting an aggregate net profit of $283,98 million, latest Reserve Bank of Zimbabwe (RBZ) figures show. This wa...Published: 14 Dec 2018 at 05:34hrs | 220 | by Staff reporter
Chamisa's government would join rand union
Movement for Democratic Change (MDC) wants the country to join the Common Monetary Area in a bid to settle long-standing liquidity challenges and a forex crunch that has plunged the economy into decli...Published: 09 Dec 2018 at 16:49hrs | 9012 | by ZimLive
Mnangagwa spoils his Cabinet with top-of-the-range Land Rover Discovery vehicles
With the majority of the citizenry getting poorer by the day owing to the biting economic crisis, the cash-strapped government of President Emmerson Mnangagwa has splurged over $2 million on top-of-th...Published: 09 Dec 2018 at 14:32hrs | 10958 | by Staff reporter
Mega deals remain elusive for Zimbabwe
Locally, thousands have called him a hero for toppling the only leader Zimbabwe has known for almost four decades.Abroad, investors are, for the first time in decades, considering Zimbabwe as ...Published: 08 Dec 2018 at 14:50hrs | 667 | by Staff reporter
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