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Christianity and the Curse of the Papa Generation
We can all agree that Robert Mugabe has proven the "gods" wrong so many times, well at least according to the "prophets" that are awash on every street corner from Harare to Lilongwe. From one to the ...Published: 4 hrs ago | 281 | by Robert Sigauke
Zimbabwe shelves plans to join Africa Continental Free Trade Area
GOVERNMENT has shelved plans to fully join the Africa Continental Free Trade Area (ACFTA) so that it could find space to stabilise local industry which is struggling to produce enough quality goods to...Published: 4 hrs ago | 188 | by newzimbabwe
Mnangagwa ducks CEO Africa roundtable
PRESIDENT Emmerson Mnangagwa yesterday ducked the prestigious CEO Africa round table conference, which ran over the past three days in Victoria Falls.Over 300 business leaders from across the ...Published: 5 hrs ago | 130 | by Staff reporter
Granny killer sentenced to death
A BEITBRIDGE man, who waylaid a 65-year-old flea market trader in the driveway of her house in the border town before fatally stabbing the woman and robbing her of two cellphones, was yesterday senten...Published: 5 hrs ago | 150 | by Staff reporter
RBZ speaks on Mthuli Ncube, Mangudya fight
The Reserve Bank of Zimbabwe has called upon Zimbabweans to reject reports that there was an angry exchange of words between Finance Minister Professor Mthuli Ncube and and RBZ Governor John Panonetsa...Published: 15 Feb 2019 at 17:16hrs | 17295 | by Mandla Ndlovu
Calls for Zimbabwe to join Rand Monetary Union grow
Zimbabwe must seriously look into the possibility of joining the Rand Monetary Union as the central bank mulls introducing a fresh monetary policy tool to alleviate foreign currency shortages, the hea...Published: 15 Feb 2019 at 14:44hrs | 3018 | by Staff reporter
Banks plunge into fresh crisis
THE Reserve Bank of Zimbabwe (RBZ) shot down an urgent request by commercial banks to raise interest rates and transaction charges at a crisis meeting held in Harare last week, arguing the move would ...Published: 15 Feb 2019 at 14:35hrs | 2785 | by Staff reporter
Fears of imminent maize meal price increases
1. Fears of imminent maize meal price increases have been extensively speculated in both the main stream and social media. This has, to a large extent, Fueled panic buying with some unscrupulous retai...Published: 15 Feb 2019 at 09:30hrs | 1067 | by GMAZ
Economists want US dollar floated
Zimbabwean economists wantReserve Bank of Zimbabwe Governor Dr John Mangudya to increase foreign currency retention thresholds for exporters, libelarise the US dollar exchange rate and introduce an in...Published: 15 Feb 2019 at 08:48hrs | 2146 | by Staff reporter
KFC spreads US$150m wings in Zimbabwe
South African giant Chicken Bird Holdings (CBH), the owners of fast-food Kentucky Fried Chicken (KFC) franchise in the country, have committed to invest US$150 million in Zimbabwe's agricultural secto...Published: 15 Feb 2019 at 08:32hrs | 758 | by Staff reporter
Ncube, Mangudya policy tussle on monetary policy statement
POLICY efficacy doubts - both fiscal and monetary - in supporting a liberalised foreign currency market, effectively discarding the 1:1 US dollar-bond note/RTGS dollar peg, have arguably been the main...Published: 15 Feb 2019 at 08:27hrs | 491 | by Brett Chulu
Can Air Zimbabwe be run profitably?
AIR Zimbabwe was placed under reconstruction on October 4 2018 after operating for over 51 years in the skies.The airline has debts exceeding US$350 million that are weighing down the restruct...Published: 15 Feb 2019 at 08:25hrs | 94 | by Victor Bhoroma
Time is right for alternative money
THE controversy surrounding the introduction of another local currency continues unabated. This time it was the former Finance minister, Tendai Biti, who ignited the current debate when he announced g...Published: 15 Feb 2019 at 08:24hrs | 244 | by Zimwara
Business complicit in Zimbabwe's economic woes
CHIEF executive officers from across the African continent have been meeting in the resort town of Victoria Falls for the last three days in a bid to find lasting solutions to the economic crisis faci...Published: 15 Feb 2019 at 08:23hrs | 230 | by Staff reporter
Zimbabwe property owners charge rentals in forex
PROPERTY owners are now demanding rentals in foreign currency as the local unit continues to rapidly lose value against the US dollar, businessdigest has learnt.The trend of charging goods and...Published: 15 Feb 2019 at 08:21hrs | 442 | 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 | 18947 | by Staff reporter
Zimbabwe economy plunges into VUCA environment
Business leaders are frustrated with the inability to anticipate and handle the country's fragile and toxic economy which continues to implode, a situation which has left them in distress.This...Published: 14 Feb 2019 at 08:59hrs | 1731 | by Staff reporter
Floating of bond notes not a solution
Floating of the bond notes is not in itself the solution to the challenges currently bedevilling the Zimbabwean economy, but rather proper financial management fundamentals must be put in place as a w...Published: 14 Feb 2019 at 08:58hrs | 3465 | by Staff reporter
Zupco privatisation on course
THE Zimbabwe United Passenger Company (Zupco) said yesterday its privatisation is on course as private investors have shown interest. Acting chief executive officer Evaristo Madangwa told New ...Published: 14 Feb 2019 at 08:34hrs | 1610 | by Staff reporter
Zimglass shuts down
Zimbabwe Glass Industries has entered the final stages of liquidation as parent company, IDC moves to conclude a restructuring exercise by year end, an IDC executive has said. Benjamin Kumalo,...Published: 14 Feb 2019 at 08:12hrs | 1591 | by Staff reporter
Zimbabwe new dumping ground for second hand Chinese chrome smelters
Zimbabwe has become a target for Chinese companies that are looking at dumping second-hand chrome smelters following the promulgation of an environmental law prohibiting use of heavy environmentally u...Published: 14 Feb 2019 at 08:10hrs | 985 | by Business Times
2% tax challenge, judgment reserved
High Court judge Justice Happius Zhou has reserved judgment in an application filed by pro-democracy activist Mfundo Mlilo, seeking an order to suspend the 2% electronic transactions tax introduced by...Published: 14 Feb 2019 at 07:30hrs | 603 | by Staff reporter
Econet injects $45 million in solar project
UGESI Energy, a pan-African company within the Econet Energy Group, is targeting to invest $45 million in the first phase of its community solar programme launched in Bulawayo yesterday, an official h...Published: 14 Feb 2019 at 07:21hrs | 238 | by Staff reporter
10 point plan to save Zimbabwe
Founder of the Coalition for Market and Liberal Solutions (COMALISO) Rejoice Ngwenya says Zimbabwe needs to adopt liberal economics for it to be extricated from its current problemsNgwen...Published: 13 Feb 2019 at 12:35hrs | 4557 | by Mandla Ndlovu
Bank cashier in court over $1m fraud, money-laundering
A FIRST Bank cashier stationed in Harare yesterday appeared in court facing fraud and money-laundering charges involving $1 million.Bangiso Shield Tafirei (30) appeared before Harare magistrat...Published: 13 Feb 2019 at 08:46hrs | 2104 | by Staff reporter
Passports backlog hits RG's office as dollar crunch bites
Delays in the processing of passports have hit Zimbabwe, with Registrar General Clemence Masango blaming a worsening foreign currency crisis which has sparked the downsizing of operations fearing a st...Published: 12 Feb 2019 at 10:49hrs | 1754 | by Staff reporter
Zimbabwe courts UAE market
Zimbabwe has dangled lucrative tourism opportunities to the United Arab Emirates (UAE) and Zimbabwean diasporans living in the Middle East amid hope of drawing investments into the tourism industry wh...Published: 12 Feb 2019 at 08:55hrs | 597 | by Staff reporter
Zimbabwe needs to improve its trade systems
ZIMBABWE needs to improve its trade systems and proffer enabling monetary and fiscal policies designed to promote international trade, Speaker of the National Assembly Jacob Mudenda has said.S...Published: 12 Feb 2019 at 07:46hrs | 279 | by Staff reporter
Chibaya trial deferred again
GWERU provincial magistrate Charity Maphosa yesterday postponed to next Friday the trial of MDC organising secretary, Amos Chibaya who is facing charges of inciting violence, after the State failed to...Published: 12 Feb 2019 at 07:38hrs | 238 | by Staff reporter
Discord at Dynamos mirrors national ills
WITH about a month-and-a-half to go before the start of the 2019 Castle Lager Premier Soccer League season, there is a lot of excitement generated from the activities in the transfer market, where clu...Published: 12 Feb 2019 at 07:35hrs | 449 | by Editorial - newsday
Mthuli Ncube shoots down Biti's fear mongering attempt
FORMER Finance minister Tendai Biti yesterday sensationally claimed that government was planning to reintroduce a local currency this week, describing the purported move as "pure undiluted insanity"....Published: 12 Feb 2019 at 07:32hrs | 973 | by Staff reporter
Zimbabwe fuel consumption rises 650%?
Daily consumption of both diesel and petrol in Zimbabwe rose by 342 percent and 650 percent respectively between April and October 2018, putting Government under huge pressure to provide adequate fore...Published: 12 Feb 2019 at 07:24hrs | 590 | by Staff reporter
Government speaks on new Zim currency
The Deputy Minister of Information, Publicity and Broadcasting Services Energy Mutodi has poured cold water on revelations by former Minister of Finance Tendai Biti that Zimabbwe would be introducing ...Published: 11 Feb 2019 at 12:00hrs | 20950 | by Mandla Ndlovu
What is a Startup business?
A startup is the living embodiment of a founder's dream. It represents the journey from concept to reality. It is one of the few times when you can take something that is only a dream and make it a re...Published: 11 Feb 2019 at 11:01hrs | 630 | by Enos Denhere
5G transforming tech
5G, which stands for "fifth generation," is an upcoming standard for mobile telecommunications service that promises to be significantly faster than today's 4G technology. It will allow users to brows...Published: 11 Feb 2019 at 10:58hrs | 617 | by Enos Denhere
Mnangagwa tours industrial parks in Addis
President Emmerson Mnangagwa, who is in Addis Ababa for the 32nd Ordinary Session of the African Union Assembly, has toured Bole Lemi Industrial Parks located on the periphery of the capital city....Published: 11 Feb 2019 at 10:45hrs | 603 | by Staff reporter
Zimbabwean community that identifies with SA, Botswana
Arriving at Khalanyoni Business Centre in Plumtree, Mangwe district in Matabeleland South about 200 kilometres south of Bulawayo, one is greeted by a huge election billboard of a beaming President Emm...Published: 11 Feb 2019 at 10:05hrs | 2710 | by Staff reporter
Dumbest looters jailed 7 years
Three hooligans involved in last month's MDC-Alliance-sponsored violent demonstrations wrote their own scripts of the popular television series "World's Dumbest Criminals" after they were given away b...Published: 11 Feb 2019 at 09:59hrs | 4694 | by Staff reporter
Bulawayo suspends sale of housing stands
BULAWAYO City Council has suspended the sale of housing stands, citing currency distortions in the country less than two months after residents rejected its bid to sell stands in hard currency....Published: 11 Feb 2019 at 09:56hrs | 1220 | by Staff reporter
Inflation hits Zimbabwe retail sector
THE retail sector in Zimbabwe is seen declining this year due to high inflation and a widening rift between prices and incomes, the Confederation of Zimbabwe Retailers (CZR) has said.CZR presi...Published: 11 Feb 2019 at 09:55hrs | 592 | by Staff reporter
Only Chamisa has the economic keys to revive the Zimbabwean economy?
When Nelson Chamisa opines alongside foreign interests that nothing has changed since November 2017, the idea is to defeat today's ZANU-PF by psychological association to the leadership of former pres...Published: 11 Feb 2019 at 09:46hrs | 1105 | by Reason Wafawarova
Zimbabwe inflation to drop by October
Zimbabwe's annual rate of inflation will drop drastically to single digit levels in October this year because the disparity between the baseline index for that month compared to the same period last y...Published: 11 Feb 2019 at 09:44hrs | 534 | by Staff reporter
2019 Rugby World Cup
Another World Cup year has finally arrived in the Rugby World as Japan get set to host the ninth edition of the competition. It is set to take place between September 20th and finishing on the 2nd...Published: 11 Feb 2019 at 08:52hrs | 203 | by Staff Reporter
New Zim currency expected this week
Former Finance Minister Tendai Biti has revealed that government will be introducing a new currency this week as promised by current Finance Minister Mthuli Ncube that the country will soon adopt its ...Published: 11 Feb 2019 at 08:28hrs | 22648 | by Mandla Ndlovu
Online resources to help you manage your phone interactions
It can be difficult to keep your cell phone organized. Even a land line can begin to ring too often with unfamiliar numbers. Once you begin to receive too many numbers, the storage on your phone can b...Published: 11 Feb 2019 at 07:51hrs | 373 | by Tech Reporter
Chamisa digs in on Mnangagwa talks
Pressure mounted on President Emmerson Mnangagwa and MDC Alliance Nelson Chamisa last week to engage in dialogue to solve the country's worsening economic and political crisis.Chamisa ignored ...Published: 10 Feb 2019 at 06:21hrs | 1430 | by Staff reporter
More heads to roll at Zesa
SEVERAL Zesa Holdings senior managers face the axe following a damning forensic audit that has unearthed serious allegations of corruption and abuse of office.Last week, the national electrici...Published: 10 Feb 2019 at 05:55hrs | 825 | by Staff reporter
TV rights income plummets for local clubs
DESPITE television rights being one of the biggest earners in football worldwide, Castle Lager Premier Soccer League clubs had to take a huge cut last year after their agreement with broadcaster, Supe...Published: 10 Feb 2019 at 05:52hrs | 801 | by Staff reporter
'Zimbabwe can raise 70% funding locally'
Finance and Economic Development Minister Professor Mthuli Ncube says Zimbabwe has potential to mobilise 70 percent of funding needed to finance key infrastructure projects on the domestic market, a s...Published: 10 Feb 2019 at 05:50hrs | 360 | by Staff reporter
Dairibord boss calls for new Zimbabwe currency
DAIRIBORD Holdings Limited chief executive officer Mr Antony Mandiwanza has waded into the debate over the re-introduction of a local currency, saying using the US dollar to produce pushes up operatin...Published: 10 Feb 2019 at 05:47hrs | 1348 | by Staff reporter
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