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Zimbabweans petition Mangudya to resign
A group of disgruntled Zimbabweans have written a petition to embattled Reserve Bank of Zimbabwe Governor John Panonetsa Mangudya to resign. The online petition which is fronted by Zimbabweans...Published: 14 hrs ago | 4554 | by Mandla Ndlovu
Zimbabwe Airways loses one plane over delayed payment
Zimbabwe Airways, the controversial new state-owned airline being built with the help of aircraft retired by Malaysian Airways has lost one of the four Boeing 777-2H6(ER) aircraft that it had targeted...Published: 20 Nov 2018 at 11:15hrs | 2075 | by zimlive
RBZ allays basics shortage fears
The supply of basic goods is expected to increase towards the festive season, spurred by Government intervention through the indefinite suspension of Statutory Instrument (SI) 122 of 2017, and the pro...Published: 20 Nov 2018 at 05:35hrs | 1260 | by Staff reporter
A timeline of how Zimbabwe lost its currency
Today, November 14, marks the 21st anniversary of "Black Friday", the day the Zimbabwe dollar crashed in 1997.We track the Zimdollar's collapse from that fateful November day, and the many des...Published: 14 Nov 2018 at 15:10hrs | 3167 | by newZwire with The Source
Zimbabwe inflation hits the 20.8% mark, RBZ targets 7%
Zimbabwe's annual inflation rose sharply to a record 20.8 percent in October after it gained 15.46 percentage points from the September rate of 5.39 percent. The Consumer Price Index (CPI) for...Published: 13 Nov 2018 at 16:03hrs | 1555 | by Staff reporter
'Arrest Mangudya now for $1billion loot' whistleblower demands
Whistleblower Prisca Mutema has heightened her call for President Emerson Mnangagwa , Finance minister Mthuli Ncube and General Constantino Chiwenga to probe Reserve Bank Governor John Panonetsa Mangu...Published: 13 Nov 2018 at 12:00hrs | 8240 | by Mandla Ndlovu
Industrial action against Mthuli Ncube looming
Air Zimbabwe has been allowed by the cabinet of President ED Mnangagwa to charge its clients (especially diasporas) in foreign currency. The confused minister in charge of Air Zimbabwe Joel Biggie Mat...Published: 13 Nov 2018 at 11:50hrs | 3419 | by Don Chigumba
Acie Lumumba turns ZACC informer?
Embattled Whistleblower William Mutumanje (Acie Lumumba) is reportedly working with the Zimbabwe Anti-Corruption Commission (ZACC) investigators in closing the net on suspected criminals a...Published: 13 Nov 2018 at 06:04hrs | 2052 | by Mandla Ndlovu
Miners to retain 55% export earnings
THE Reserve Bank of Zimbabwe (RBZ) has agreed to increase large scale miners' retention of foreign currency from mineral exports to 55 percent to allow them to cover production costs. Recently...Published: 13 Nov 2018 at 05:52hrs | 341 | by Staff reporter
Supply, price of commodities normalise
Interventions by the government to normalise the supply of goods especially fuel and basic commodities are bearing fruit as fuel queues have disappeared with supermarkets shelves filled to the brim an...Published: 12 Nov 2018 at 18:17hrs | 5390 | by Staff reporter
Inflation likely to stabilise, says Mangudya
Reserve Bank of Zimbabwe (RBZ) governor John Mangudya says inflation is likely to stabilise around 7% in the medium term.Giving his presentation during the pre-budget seminar in Bulawayo last ...Published: 12 Nov 2018 at 05:33hrs | 825 | by Staff reporter
Enough fuel for festive season, says Minister
ENERGY and Power Development Minister Dr Joram Gumbo has assured the nation of enough fuel supplies during the forthcoming festive season. In an interview on the sidelines of the just ended 20...Published: 12 Nov 2018 at 05:28hrs | 186 | by Staff reporter
New law on illegal currency trading welcome
WE welcome President Emmerson Mnangagwa's decision to use temporary powers for a new law that will see illegal currency traders being sentenced to up to 10 years in jail, while ill-gotten wealth will ...Published: 12 Nov 2018 at 05:23hrs | 2343 | by Staff reporter
'You all miss Mugabe after your-PFee'
My People,I perfectly understand the fact that all of you are feeling guilty about your premature celebrations following the military ouster of Gushungo around this time last year.In f...Published: 11 Nov 2018 at 13:36hrs | 3215 | by Dr Stop It
'Bond notes have been a success'
RESERVE Bank of Zimbabwe governor John Mangudya had a torrid time at the pre-budget seminar for legislators in Bulawayo last week when he was grilled over currency problems bedevilling the country....Published: 11 Nov 2018 at 12:26hrs | 2084 | by Staff reporter
Greedy MPs demand vehicles from cash strapped Zimbabwe govt
LEGISLATORS have said the Government has taken too long to buy them service vehicles with the issue being among the most topical during the ongoing 2019 Parliamentary pre-budget seminar in Bulawayo. ...Published: 10 Nov 2018 at 09:15hrs | 462 | by Staff Reporter
Mangudya lost his cool under pressure from legislators
RESERVE Bank of Zimbabwe (RBZ) governor John Mangudya - who is usually calm and patient - yesterday lost his cool under pressure from legislators at a pre-budget seminar in Bulawayo who took him to ta...Published: 09 Nov 2018 at 16:41hrs | 5056 | by Staff reporter
'I am Zimbabwe's saviour' says Mangudya
Embattled Reserve Bank of Zimbabwe Governor Dr. John Panonetsa Mangudya has claimed that he is going out of his way to solve economic challenges happening in Zimbabwe.Addressing legislators at...Published: 09 Nov 2018 at 08:46hrs | 6042 | by Mandla Ndlovu
RBZ boss refuses to scrap bond notes
RESERVE Bank of Zimbabwe (RBZ) Governor Dr John Mangudya yesterday defended the use of bond notes saying the real cause of problems facing the economy was not the surrogate currency but ballooning ele...Published: 09 Nov 2018 at 05:02hrs | 5764 | by Staff reporter
Zacc chickens out of investigating Mangudya, Tagwirei
Despite the sensational accusations by flip-flopping activist Gerald Mutumanje - also known as Acie Lumumba - that seemed to suggest some wrongdoing on the part of businessman Kudakwashe Tagwirei and ...Published: 08 Nov 2018 at 13:48hrs | 5703 | by Staff reporter
Lumumba apologises to Temba Mliswa
Political rouble rouser William Gerald Mutumanje (Acie Lumumba) has apologised to Norton Member of Parliament Temba Mliswa for dragging his daughter to their fight. "I retract my comments...Published: 08 Nov 2018 at 09:25hrs | 5173 | by Mandla Ndlovu
'Lumumba is insane' says Mliswa
Norton Member of Parliament Temba Mliswa has described William Gerald Mutumanje (Acie Lumumba) as an insane person whom people must not give too much attention to. "The continued public ...Published: 07 Nov 2018 at 12:43hrs | 4753 | by Mandla Ndlovu
Lumumba speaks on arrest rumours
Embattled whistleblower William Gerald Mutumanje (Acie Lumuba)has opened up on social media for the first time after his apology statement which he issued on 4 November.Reacting to speculation...Published: 07 Nov 2018 at 07:47hrs | 6509 | by Mandla Ndlovu
Acie Lumumba arrested?
There are online reports that whistleblower William Gerald Mutumanje (Acie Lumuba) was picked up by the Zimbabwe Anti-Corruption Commission (ZACC) on Tuesday afternoon. The charges levelled against th...Published: 06 Nov 2018 at 14:57hrs | 11439 | by Mandla Ndlovu
Terence Mukupe relocates to Mozambique?
There has been high speculation that Former Finance deputy minister Terence Mukupe has relocated to Mozambique after he posted a Facebook picture of himself in Beira and captioned it: I love my new ho...Published: 06 Nov 2018 at 09:02hrs | 11264 | by Mandla Ndlovu
Mangudya's US$1 billion fraud exposed?
Whistle blower Prisca Mutema has alleged that embattled Central Bank Governor John Panonetsa Mangudya is involved in a US$1 billion fraud that saw him and his cronies benefiting from loans taken from ...Published: 06 Nov 2018 at 07:38hrs | 19087 | by Mandla Ndlovu
Buyanga seeks approval to supply basic commodities
The African Medallion Group owned by South Africa based Zimbabwean businessman, Frank Buyanga, has written to Government requesting to assist with the procurement and delivery of fuels, pharmaceutical...Published: 06 Nov 2018 at 07:04hrs | 3667 | by Staff reporter
Lumumba to be probed by ZAAC?
More details have emerged of rabble-rousing influence peddler William Gerald Mutumanje's recent hatchet job on top Reserve Bank of Zimbabwe (RBZ) officials and businessman Kudakwashe Tagwirei - all of...Published: 05 Nov 2018 at 13:41hrs | 3368 | by Staff reporter
Mnangagwa to review Mthuli Ncube's 2% tax again
President Emmerson Mnangagwa says he will soon revise again under-fire Finance minister Mthuli Ncube's controversial two cents per dollar transaction tax - which caused widespread panic in the country...Published: 05 Nov 2018 at 13:40hrs | 4379 | by Staff reporter
Chiwenga's ex-wife looted millions
A whistleblower Prisca Mutema has claimed on microblogging site, Twitter, that Jocelyn Chiwenga who is Vice President Constantino Chiwenga's former wife looted millions from various banks and she has ...Published: 05 Nov 2018 at 09:46hrs | 19958 | by Mandla Ndlovu
Mnangagwa to deal with unexplained wealth and bank deposits
President Emmerson Mnangagwa is finalising drafting legislation that will restore stability and eliminate mischief in the money markets, his spokesperson George Charamba told the Daily News.Ch...Published: 05 Nov 2018 at 07:03hrs | 7467 | by Staff reporter
Lumumba apologises...reveals Queen Bee
Whistleblower Acie Lumumba tonight sprang a shocker and did not appear on the much publicised Live Broadcast but instead issued an apology to President Emmerson Mnnangagwa and Vice President Constanti...Published: 04 Nov 2018 at 20:22hrs | 17717 | by Mandla Ndlovu
Lumumba spills the beans
In a shocking claim which could put under pressure Finance minister Mthuli Ncube under further political scrutiny, rabble-rousing influence peddler - William Gerald Mutumanje - is spilling the beans o...Published: 04 Nov 2018 at 12:46hrs | 10997 | by Staff reporter
Mnangagwa says Mangudya beyond reproach
Despite explosive broadsides being fired at the Reserve Bank of Zimbabwe (RBZ) governor John Mangudya, the 55-year-old neoclassical economist-turned banker will stay on in his job until February 2023....Published: 04 Nov 2018 at 12:43hrs | 3456 | by Staff reporter
'We must Buy Zimbabwe or die'
The Israelites reportedly took 40 years in the wilderness on a journey that ordinarily took a month.Clearly, something was not right.Suffice to say, gross indiscipline and an inability...Published: 04 Nov 2018 at 09:45hrs | 4666 | by Munyaradzi Hwengwere
'RBZ is empty,' says Prof Murwira
The Minister of Higher and Tertiary Education, Professor Amon Murwira has endorsed the controversial two percent tax per every electronically-transacted dollar as recently pronounced by his Finance co...Published: 03 Nov 2018 at 16:09hrs | 8223 | by Staff reporter
Mthuli Ncube pushes for new RBZ governor?
FINANCE Minister Mthuli Ncube is trying to impose top economist Andrew Bvumbe as the new Reserve Bank of Zimbabwe (RBZ) governor to replace the incumbent John Mangudya following the expiry of his empl...Published: 03 Nov 2018 at 13:01hrs | 6797 | by Staff reporter
Jesus christ spotted in the CBD of Harare
The months of October and September should be declared a period of 'spiritual lies' with immediate effect. A lot of myths happened during this period and I am not going to be surprised today if ...Published: 02 Nov 2018 at 10:56hrs | 8645 | by Don chigumba
RBZ mulls forex interbank market
The directive by the Reserve of Zimbabwe (RBZ) early last month for banks to separate foreign currency accounts (nostros) and Zimbabwe's surrogate currency (bond notes/RTGS) balances, was part of init...Published: 02 Nov 2018 at 06:33hrs | 3574 | by Business Weekly
ZNCC to meet over cash shortages
THE Zimbabwe National Chamber of Commerce (ZNCC) will next week host a meeting in Bulawayo to discuss the major drivers of cash shortages in the economy and proffer sustainable solutions, with Finance...Published: 02 Nov 2018 at 05:59hrs | 269 | by Staff reporter
Mangudya's tenure to be extended
PRESIDENT Mnangagwa is clear on the performance of Reserve Bank of Zimbabwe Governor, Dr John Mangudya and is about to renew his contract for a second tenure, Deputy Chief Secretary in the Office of t...Published: 01 Nov 2018 at 15:48hrs | 1566 | by Staff reporter
Queen Bee a fictitious character created to defuse tension in the country
Prior to the stage managed appointment and termination of Gerald Matumanje aka Acie Lumumba I wrote a piece titled 'President ED Mnangagwa is Finished'. I demonstrated that Zimbabwe was ripe for...Published: 01 Nov 2018 at 12:24hrs | 3077 | by Don Chigumba
Renewing Mangudya's term an insult
George Charamba's revelation that John Mangudya's term is about to be renewed is nauseating, cynical, contemptuous, disrespectful and an insult to the suffering masses of Zimbabwe.Charamba is ...Published: 01 Nov 2018 at 12:18hrs | 1638 | by Jacob Mafume, MDC National Spokesperson
Government speaks on Mangudya's job
The Ministry of Information, publicity and Broadcasting has cleared air on the rumours that RBZ Governor Dr. John Panonetsa Mangudya has been fired from his job."We have had a lot media ...Published: 01 Nov 2018 at 07:14hrs | 12269 | by Mandla Ndlovu
Mangudya RBZ ouster speculation gains momentum
GOVERNMENT sources have downplayed as mere speculation reports that Reserve Bank of Zimbabwe (RBZ) governor John Mangudya's ouster from the apex bank is imminent.Linked with the increasingly t...Published: 01 Nov 2018 at 06:30hrs | 5793 | by NewZimbabwe.com
Citizen Cabinet Ministers Unveiled
An Alteernative 16 member Cabinet was launched in the Capital Harare today. The Citizens Cabinet as it is called will play the primary role to shadow critic and offer alternative policy solutions to t...Published: 31 Oct 2018 at 15:33hrs | 3670 | by Mandla Ndlovu
Mnangagwa divides Mutsvangwa family
Factional politics of in ZANU PF has divided Ambassador Chris Mutsvangwa and his wife Monica Mutsvangwa forcing them to issue conflicting statements in regards to the current happenings in...Published: 31 Oct 2018 at 14:02hrs | 17649 | by Mandla Ndlovu
Mnangagwa bootlickers lashed out at
MDC-T legislator Priscilla Misihairabwi Mushonga yesterday blasted excessive bootlicking of President Emmerson Mnangagwa and his wife, First Lady Auxillia, by individuals and organisations whom she sa...Published: 31 Oct 2018 at 09:20hrs | 2726 | by Staff reporter
Violet Gonda detained while filming at Mnangagwa's State House
Freelance journalist Violet Gonda was briefly detained by Central Intelligence Organisation (CIO) agents on Monday while filming at State House.The freelance journalist had been covering a bre...Published: 31 Oct 2018 at 09:09hrs | 3695 | by ZimLive.com
Fuel mogul splits Mnangagwa's govt
Businessman Kuda Tagwirei, has triggered off fresh fissures within Zanu-PF and government, with the Sakunda Holdings founder wittingly or unwittingly driving a wedge between President Emmerson Mnangag...Published: 31 Oct 2018 at 07:37hrs | 8963 | by Staff reporter
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