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Strong leadership in times of crisis
CT GSB alumnus Mehluli Mpofu was recently appointed as the Managing Director of Central Africa Building Society (CABS), a wholly-owned subsidiary of Old Mutual Zimbabwe. On the first day of his appoin...Published: 24 May 2020 at 22:01hrs | 904 | by Staff reporter
Is our money safe in this lockdown?
JUST recently, Reserve Bank of Zimbabwe (RBZ) governor John Mangudya blamed a faceless devil for the economic crisis that a whole new generation now takes as custom.He was right. There is cert...Published: 24 May 2020 at 08:41hrs | 962 | by Tawanda Majoni
Scapegoating Africans as a lazy lot unable to use land
THE war of words against African holders of land continues unabated as government finds itself in an embarrassing situation after the land reform programme of the year 2000. In an extremely disquietin...Published: 24 May 2020 at 08:39hrs | 232 | by Jonathan Maphenduka
The cost of Chinese aid to Africa
THE adage that one cannot bite the hand that feeds him/her cannot be truer and more applicable than on the issue pertaining to the relations between China and Africa. There is a truism that a benefact...Published: 22 May 2020 at 07:06hrs | 366 | by Reinford Khumalo
'Zanu-PF will not defer by-elections'
JUSTICE minister Ziyambi Ziyambi yesterday dismissed speculative reports that the Zanu-PF government was planning to amend the Constitution to defer holding of by-elections and form a unity government...Published: 20 May 2020 at 07:36hrs | 2263 | by Staff reporter
Complete guide on how to stop spending above your means and what to do when it is too late
Let's agree that often we spend too much on many things and forget that money might come to an end. This is the moment when you might realize that there is a lot of time left before the next paycheck,...Published: 19 May 2020 at 18:46hrs | 741 | by Staff writer
Covid-19 economic stimuli is not alive to a SME driven economy
Zimbabweans cannot reasonably expect President Emmerson Mnangagwa government to handle the twin challenges of the Covid-19 pandemic and the economy without making mistakes. However In times of crisis,...Published: 17 May 2020 at 15:07hrs | 233 | by Brian Sedze
Chamisa and his lieutenants appear to be in disarray
THINGS are moving from bad to worse for Nelson Chamisa and his top MDC allies, after more party MPs defied his decree to withdraw their services from Parliament yesterday, the Daily News reports....Published: 15 May 2020 at 16:06hrs | 3183 | by Staff reporter
The Impact of COVID-19 on agriculture in Zimbabwe: Have we learnt anything from the pandemic?
Whilst the Coronavirus (COVID-19) outbreak first hit the Wuhan province of China in November 2019, it soon spread to the rest of the world, and now it has affected over 4 million people, causing over ...Published: 14 May 2020 at 18:44hrs | 620 | by Staff reporter
The Impact of COVID-19 on agriculture in Zimbabwe: Have we learnt anything from the pandemic?
Whilst the Coronavirus (COVID-19) outbreak first hit the Wuhan province of China in November 2019, it soon spread to the rest of the world, and now it has affected over 4 million people, causing over ...Published: 14 May 2020 at 11:14hrs | 325 | by Peter Gambara
Chamisa's MPs express concerns about their welfare
IN THE latest twist to the drama playing out within the MDC, it has emerged that many party legislators are not in favour of the push by Nelson Chamisa and his top allies for them to "disengage" from ...Published: 13 May 2020 at 16:10hrs | 1554 | by Staff reporter
'It's time for real dialogue,' says Mnangagwa's advisor
A MEMBER of President Emmerson Mnangagwa's advisory council, Shingi Munyeza says Zimbabwe needs a new political leadership and broad-based dialogue to tackle political and economic crises that have le...Published: 13 May 2020 at 07:47hrs | 5625 | by Staff reporter
MDC legislators risk losing their parliamentary positions and benefits
MDC legislators are facing the urgent and difficult decision of choosing between Thokozani Khupe and Nelson Chamisa - in the process risking losing their parliamentary positions and benefits.T...Published: 11 May 2020 at 08:47hrs | 3729 | by Staff repprter
Mthuli Ncube explains stimulus package
THE foreign currency earning sectors of manufacturing, tourism and mining will receive just $4,52 billion, the shorter end of the $18 billion stimulus package despite the impact of COVID-19 being more...Published: 06 May 2020 at 08:04hrs | 1873 | by Staff reporter
Zimbabwe pleads for aid to avert 'collapse' and fight Covid-19
Zimbabwe has pleaded with international institutions to help it clear billions of dollars in debt arrears so the country can avoid economic collapse and unlock funds to fight the coronavirus pandemic....Published: 04 May 2020 at 11:05hrs | 1639 | by James Cotterill I Financial Times
Tobacco fetches US$4/kg on opening day
The 2020 tobacco marketing season opened yesterday, amid calls for farmers to draw lessons from the lucrative and successful tobacco industry and apply their skills towards production of other crops t...Published: 30 Apr 2020 at 07:07hrs | 531 | by Staff reporter
Rescue package to stop job losses, says Mthuli Ncube
A stimulus package to support companies rocked by the Covid-19 lockdown will soon be unveiled, as part of measures to avert mass job losses and save livelihoods, Finance and Economic Development Minis...Published: 27 Apr 2020 at 23:56hrs | 2092 | by Staff reporter
5 best ways to use personal loan to finance your 2020 travel goals
Travelling is one of the great ways to relieve the stress from studies, work, and other pressures of everyday life. But, saving up for a trip can take months or years - especially when you have rent, ...Published: 27 Apr 2020 at 11:21hrs | 365 | by Staff writer
Zimbabwe records a budget surplus, But
Zimbabwe recorded its first fiscal surplus since 2011 as a result of significant contributions from Intermediate Monetary Transfer (IMT) Tax, subdued investment on capital expenditure and civil servic...Published: 26 Apr 2020 at 08:23hrs | 715 | by Victor Bhoroma
Unpacking the imf debt relief. debunking the narrative that Zimbabwe was snubbed
The International Monetary Fund (IMF) Executive Board has approved immediate debt relief for 25 Countries. This was announced in a statement that was issued on the 13th of April by Ms Kristalina Georg...Published: 22 Apr 2020 at 09:04hrs | 1174 | by Dr Masimba Mavaza
Workers, vendors cringe over lockdown extension
The Zimbabwe Congress of Trade Unions and opposition MDC led by Nelson Chamisa have berated President Emmerson Mnangagwa for extending the national lockdown by a further two weeks without putting in p...Published: 21 Apr 2020 at 08:11hrs | 743 | by Staff reporter
MDC Alliance Proposals for life and livelihoods during and after lockdown
As the People's party, the MDC Alliance strongly applauds the Zimbabwean people for their discipline and determination to fight adversity with a spirit of never say die.Indeed, it seems as if ...Published: 20 Apr 2020 at 12:56hrs | 1232 | by Sesel Zvidzai
No independence for Africans: Their children will play on sewage drainages and will not recognize or smell it
There are numerous themes to talk about Zimbabwe that is celebrating 40 years of wasted opportunities for decades. It is difficult to ignore what White Former Prime Minister Ian Douglas Smith prophesi...Published: 19 Apr 2020 at 07:52hrs | 1879 | by Nomazulu Thata
Zimbabwe @40: Transcending the pitfalls of national consciousness
When Ghana attained her freedom from colonial bondage, Dr Kwame Nkrumah noted that: "The independence of Ghana is meaningless unless it is linked up with the total liberation of Africa."True t...Published: 19 Apr 2020 at 07:51hrs | 86 | by Richard Runyararo Mahomva
Zimbabwe shall rise again. . .
INDEPENDENCE Day speech by His Excellency, the President of the Republic of Zimbabwe, Cde Emmerson Dambudzo Mnangagwa, April 18, 2019 I welcome you all ...Published: 18 Apr 2020 at 08:35hrs | 799 | by Emmerson Dambudzo Mnangagwa,
Banks urge periodic devaluation of pegged Zimdollar rate
Zimbabwean lenders are urging the central bank to introduce more frequent reviews of the embattled southern African country's fixed-exchange rate and to ease rules on capital buffers to help the indus...Published: 17 Apr 2020 at 08:40hrs | 1740 | by Staff reporter
Why Zimbabwe didn't get IMF Covid-19 debt relief
The International Monetary Fund (IMF) has announced half a billion United States dollar debt service relief fund for the world's poorest and vulnerable economies to help them fight and contain the spr...Published: 15 Apr 2020 at 07:34hrs | 921 | by Staff reporter
Chinotimba implores govt to assist young farmers
ZANU-PF Mazowe ward 34 councillor Edwin Chinotimba has urged government to assist young farmers access bank loans to boost production.Chinotimba, a farmer, who is expecting 210 tonnes of maize...Published: 14 Apr 2020 at 07:46hrs | 296 | by Staff reporter
Bleak future beckons for businesses after lockdown
AS the 21-day lockdown continues with shops that sell non-essentials closed, there are concerns in the Gwanda business community that some of them might collapse while others might be left crippled. ...Published: 14 Apr 2020 at 07:16hrs | 383 | by Staff reporter
Is it normal to steal for 40 years and still remain poor?
ZIMBABWE turns 40 years this week. On social media, some have been saying if Zimbabwe was a person, he/she would be the most unorganised 40-year old. Nothing captures the state of our affairs be...Published: 13 Apr 2020 at 08:19hrs | 296 | by Staff repprter
Free funds & tacit Re-Dollarization of the economy
The Zimbabwean government has made another tacit admission on losing the de-dollarization war to the market by gazetting Statutory Instrument (SI) 85 of 2020 which allows citizens to use foreign curre...Published: 10 Apr 2020 at 10:02hrs | 2021 | by Victor Bhoroma
COVID-19 to stoke Zimbabwe inflation to 1 000%
PERSISTENCE of the Covid-19 pandemic is expected to drive up Zimbabwe's year-on-year inflation to as high as 1 000%, while the country's currency is expected to depreciate to ZW$100:US$1 on the parall...Published: 10 Apr 2020 at 08:37hrs | 398 | by Staff reporter
The pandemic lockdown is no time for fiscal distancing
These are very difficult days, as the world faces one of its worst challenges ever: the novel coronavirus pandemic. And it seems almost no nation is spared. As infection rates rise, so does panic acro...Published: 10 Apr 2020 at 08:30hrs | 69 | by Akinwumi A Adesina
Mnangagwa, Mthuli should be restrained
THE COVID-19 pandemic is causing more than a medical problem across the world. Economies across the globe have caught the cold, some more than others and soon, a co-ordinated multilateral solution may...Published: 08 Apr 2020 at 08:09hrs | 4837 | by Paidamoyo Muzulu
Zimbabwe white farmers reject Mnangagwa's offer
A FORTNIGHT ago, President Emmerson Mnangagwa's government a said it was offering about 800 commercial farms as compensation to farmers who had lost their land during the violent land seizures that be...Published: 04 Apr 2020 at 08:38hrs | 6840 | by newzimbabwe
The cost of coronavirus in Africa: What measures can leaders take?
With the novel coronavirus COVID-19 having reached the African continent, countries are getting ready to manage the spread of the virus and ensure that their fragile health systems can cope. Images fr...Published: 01 Apr 2020 at 10:33hrs | 324 | by Dorothy Tembo
ZimFirst taking Zimbabwe to the future
Zimbabwe has been groaning under the pains of corruption cronyism and relentless looting by the ZANU PF and its vampires. As Zimbabweans we hoped for a land of milk and honey managed by ourselves for ...Published: 31 Mar 2020 at 07:47hrs | 290 | by Dr Maxwell Shumba ZimFirst President
Perrence Shiri just resign, you are a sellout: period
Let me take this opportunity to advise you Perrence Shiri the Women's University educated graduate, that when it comes to law the devil is in the detail, its you who has gone rogue , anti revolutionar...Published: 22 Mar 2020 at 17:00hrs | 6144 | by Peter Moyo
Jobs bloodbath hits Zimbabwe firms
A staggering 210,333 jobs were made redundant in 2019 as local companies threw workers onto the streets in response to the realities of a debilitating liquidity crunch, low productivity, punitive real...Published: 21 Mar 2020 at 06:21hrs | 3143 | by Staff reporter
RBZ warms up to cryptocurrencies
THE Reserve Bank of Zimbabwe (RBZ) is keen to regulate cryptocurrencies and has started drafting a policy framework to guide operations of financial technology (fintech) enterprises so as to protect c...Published: 16 Mar 2020 at 05:52hrs | 1053 | by Staff reporter
Zimdollar chaos power producers
The ban on the use of foreign currency in local transactions and the rapid collapse of the re-introduced Zimbabwe dollar has left independent power producers (IPPs) facing viability problems and is st...Published: 15 Mar 2020 at 11:09hrs | 1611 | by Staff reporter
Zimbabwe bank charges surge 900%
Zimbabwe's inflation is further expected to spiral upwards after local banks hiked transactional charges by as much as 900% as pressure mounts on the financial intermediaries to pay United States domi...Published: 13 Mar 2020 at 07:10hrs | 3297 | by Staff reporter
Zimbabwe farmers to access US$50m John Deere tractors
GOVERNMENT has assured farmers that they are eligible to access equipment for the assembling of tractors, combine harvesters and disc harrows under the US$50 million John Deere facility, with the equi...Published: 11 Mar 2020 at 05:50hrs | 814 | by Staff reporter
Bank workers get 521% pay hike
Local bank workers have been granted a 521% wage hike year-on-year in line with the inflation that is eroding earnings.The new salary threshold that was backdated to January was agreed to last...Published: 09 Mar 2020 at 06:18hrs | 3182 | by Staff reporter
Zimbabwe dismisses UN Food findings
GOVERNMENT has dismissed findings by the United Nations' Special Rapporteur on the Right to Food that food shortages in the country are man-made saying the situation is a result of a combination of fa...Published: 08 Mar 2020 at 08:21hrs | 246 | by Staff reporter
Mugabe nephew blasts Mnangagwa
FORMER Labour minister and nephew to the late former President Robert Mugabe, Patrick Zhuwao (pictured), has lashed out at President Emmerson Mnangagwa, describing him as a trivial leader whose pettin...Published: 06 Mar 2020 at 06:11hrs | 2210 | by Staff reporter
Getbucks loan book in mild growth
GETBUCKS MicroFinance Bank Limited (GMBL) says its loan book for the year ended June 30, 2019 increased to $7,5 million in the period under review from $4m in the previous year. ...Published: 05 Mar 2020 at 05:53hrs | 903 | by Staff reporter
Zimbabwe banks' lending appetite dying
Appetite for lending by Zimbabwean banks is waning. A look at the overall banks' loan-to-deposit ratio (LDR) since 2015 shows a declining trend.The loan-to-deposit ratio, as its name suggests,...Published: 04 Mar 2020 at 08:11hrs | 665 | by Staff reporter
Balancing your baby and your finances! Budgeting tips for new parents
Taking care of your finances is a full-time job; more so with the arrival of a newborn baby. And, although babies are a bundle of joy, things can get expensive quickly, leading to feelings of overwhel...Published: 03 Mar 2020 at 09:42hrs | 831 | by Staff Writer
Civil servants want normal life, not freebies
OUR political leaders' arrogance and selfishness has become so brazen that it is easy to notice their corruption.They own big houses, stolen farms (often more than one), flashy cars (usually s...Published: 03 Mar 2020 at 07:37hrs | 781 | by Staff reporter
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