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'Financial distress to persist for Zimbabwe's urban poor'
USAID food security unit, Famine Early Warning Systems Network (FEWS NET), says most urban families in Zimbabwe are expected to remain in financial doldrums due to skyrocketing cost of living....Published: 07 May 2021 at 06:33hrs | | by Staff reporter
Strategy to revive Bulawayo in the works
BULAWAYO'S provincial strategic development plan will be driven by employment creation, industry revival and expansion as the city is geared to ensure it plays its part towards attainment of Vision 20...Published: 28 Apr 2021 at 06:13hrs | | by Staff reporter
Mnangagwa to launch Development Strategy 1 today
The National Development Strategy 1 (NDS1), which charts policies, institutional reforms and national priorities needed from 2021-2025 to achieve an upper middle income economy under Vision 2030, is e...Published: 16 Nov 2020 at 05:40hrs | 1 | by Staff reporter
10% risk allowance for teachers: New basic salary package now $18 237
GOVERNMENT has introduced a 10 percent risk allowance for teachers while proposing a 40 percent salary increase for civil servants which will result in the lowest paid employee getting over $14 500. ...Published: 11 Nov 2020 at 05:32hrs | | by Staff reporter
Zimbabwe business opts for US dollars as base currency
TRANSACTIONS are increasingly occurring in United States Dollars which means that households that earn incomes in the Zimbabwe dollar including most poor households, will find it increasingly unafford...Published: 07 Sep 2020 at 06:33hrs | 1 | by Staff reporter
Mutodi and MDC's Daniel Molokele square off
It was refreshing to listen to this debate, Zanu PF and MDC shared a platform without trading insults or chiding each other. The debate was mature and showed signs of a growing democratic media space....Published: 05 Sep 2019 at 08:27hrs | 2 | by Mandla Ndlovu
Mthuli Ncube tightens belt on spending
Government will operate below statutory requirements in borrowing from the Reserve Bank of Zimbabwe (RBZ) as it enhances its belt-tightening strategies in line with austerity measures announced in the...Published: 03 Mar 2019 at 01:28hrs | | by Staff reporter
'Zimbabwe govt is cash positive,' says Mthuli Ncube
Government is currently operating on a positive cash basis as revenue enhancement and austerity measures announced in the 2019 National Budget continue to yield dividends, Finance and Economic Develop...Published: 25 Feb 2019 at 08:13hrs | 1 | by Staff reporter
Austerity shocks to subside in 6 months
Painful shocks from ongoing economic reforms will substantially subside after six months, as the period prior coincides with the implementation of most interventions Government is instituting to stabi...Published: 08 Feb 2019 at 08:33hrs | | by Staff reporter
'Mthuli Ncube tax to stabilise macro-economy'
Finance minister Mthuli Ncube said on Wednesday the new tax on electronic payments was a painful but necessary measure and urged Zimbabweans to be prepared to go through temporarily turbulent times af...Published: 02 Nov 2018 at 12:27hrs | | by Staff reporter
Zimbabwe's upper middle-income economy agenda 2030: Are we not inviting trouble?
THE government's neoliberal agenda and its target for the upper middle-income economy (UMIE) by 2030, if not handled well, might present us with many challenges that will further alienate and suffocat...Published: 23 Oct 2018 at 06:38hrs | | by Michael Ndiweni
My son, eating vegetables and building a better Zimbabwe
My son, like most other kids, does not like to eat his vegetables. He also doesn't like to brush his teeth nor to take medicine when he is sick. He is a bright child, a good learner, and brings a lot ...Published: 15 Oct 2018 at 07:16hrs | | by Knowledge Moyo
'Zimbabwe economy to undergo painful epoch'
Government is putting in place a cocktail of stern measures that will ensure its public accounts will be streamlined within its means while the public has to brace for sterner times as the panacea to ...Published: 12 Oct 2018 at 06:45hrs | 1 | by Staff reporter
SA-based patriots have lofty economic ambitions for Zimbabwe
IN December last year, a month after taking over the reins from longtime leader Robert Mugabe, Zimbabwean President Emmerson Mnangagwa visited South Africa to woo investors.After meeting Zimba...Published: 13 Jun 2018 at 16:43hrs | | by CAJ News
No beer price hikes
DELTA Beverages has warned its suppliers to carefully manage their value chain and desist from the temptation to hike prices.In a memo sent out by the company's Supply Chain director Cynthia M...Published: 18 Oct 2017 at 06:20hrs | | by Staff reporter
Mthuli Ncube appointed Head of Research Lab at Quantum Global Group
Quantum Global Group (Quantum Global), an investment firm focusing on Africa, today announced the appointment of Prof. Mthuli Ncube as the Head of its research arm, Quantum Global Research Lab (QG...Published: 20 Sep 2016 at 10:45hrs | 5 | by Staff reporter
PDP weekly economic policy brief - Zimbabwe's key economic enablers
ZANU (PF) has failed to unlock the potential of our country. The key reason for this is the lack of an inclusive national socio economic vision, chronic leadership failure, patronage, greed, corruptio...Published: 16 Feb 2016 at 07:52hrs | | by Vince Musewe PDP Secretary for Finance and Economic Affairs
'There is need to cleanse RBZ,' says Zanu-PF MP
THERE is need to cleanse the Reserve Bank of Zimbabwe as part of measures to restore confidence in the central bank to foster economic growth and development in the country, legislators heard yesterd...Published: 30 Oct 2013 at 08:33hrs | | by Staff reporter
Gono urges banks to comply
The Reserve Bank of Zimbabwe says it will continue to monitor banking institutions in an effort to address regulatory issues.In a statement, central bank governor Dr Gideon Gono urged banks to...Published: 17 Jun 2013 at 04:21hrs | | by Staff Reporter
Interfin Bank curatorship extended
INTERFIN BANK will remain under curatorship until December 31 2014 amid indications that its capitalisation and subsequent reopening has been hampered by macro-economic challenges obtaining in the cou...Published: 14 Jun 2013 at 03:33hrs | | by Business Reporter
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