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Mnangagwa commissions US$18,5m Bulawayo students' complex
President Emmerson Mnangagwa yesterday officially commissioned the state-of-the-art Bulawayo Students Accommodation City Complex, a landmark project in Matsheumhlope suburb valued at US$18.5 million. ...Published: 16 Nov 2024 at 14:22hrs | 322 | by Staff reporter
Zimbabwe to ease currency reins and allow free-float of ZiG
Zimbabwe wants its gold-backed currency to float freely on the foreign exchange market, the central bank's deputy governor said, though he declined to spell out when this would happen."The ide...Published: 07 Nov 2024 at 15:03hrs | 9797 | by Staff reporter
Zimbabwe to hold talks on $21 billion debt albatross this month
Zimbabwe will resume talks with creditors later this month to restructure $21 billion in external debt as it seeks to exit a default that's kept it locked out of international capital markets since 19...Published: 07 Nov 2024 at 07:17hrs | 391 | by Rigid Kondongwe
How Bulawayo's townships reflect city's rich Ndebele heritage
IN 1894, Bulawayo had just one African township. Today, the city boasts close to twenty townships in the western suburbs. Bulawayo's first African township was Makokoba, also known as the "Location" o...Published: 02 Nov 2024 at 08:39hrs | 750 | by Fredrick Qaphelani Mabikwa
Management shake up at RBZ
The Reserve Bank of Zimbabwe (RBZ) is initiating a significant remodelling of its management structure as newly appointed Governor John Mushayavanhu aims to assemble a capable team to address the coun...Published: 01 Nov 2024 at 06:48hrs | 2520 | by Staff reporter
ZiG inflation rate now pegged at 37.2%
Zimbabwe's inflation rate for the Zimbabwe Gold (ZWG) currency surged to 37.2% in October, according to the latest data from the Zimbabwe National Statistics Agency (Zimstat). This sharp increase, ref...Published: 26 Oct 2024 at 12:48hrs | 297 | by Staff reporter
Zimbabwe needs alternative to US$
Persistence Gwanyanya, a member of the Reserve Bank of Zimbabwe's (RBZ) Monetary Policy Committee, has underscored the urgent need for alternatives to the US dollar as a store of value, highlighting c...Published: 25 Oct 2024 at 14:40hrs | 564 | by Staff reporter
'ZiG must go'
The Zimbabwe Gold (ZiG) currency is facing mounting pressure from the business community, which is advocating for its removal due to increasing volatility, despite the Reserve Bank of Zimbabwe's (RBZ)...Published: 24 Oct 2024 at 08:02hrs | 2201 | by Staff reporter
Zimra goes after businesses rejecting ZiG
The Zimbabwe Revenue Authority (ZIMRA) has launched a sweeping operation targeting businesses that are evading taxes and undermining the Zimbabwean currency (ZiG or ZWG) by rejecting the local currenc...Published: 27 Sep 2024 at 12:29hrs | 1395 | by Staff reporter
Zimra launches crackdown on economic saboteurs
The Zimbabwe Revenue Authority (ZIMRA) has launched a nationwide blitz targeting businesses that evade taxes and undermine the local currency, the Zimbabwe Gold (ZiG), by either rejecting it or falsel...Published: 27 Sep 2024 at 08:16hrs | 142 | by Staff reporter
Ex-Eskom CEO challenges settlement related to his graft case
Former Eskom CEO Matshela Koko has launched a court bid to challenge a settlement deal between the Investigating Directorate ID) and multi-national company ABB relating to bribery at the power utility...Published: 19 Sep 2024 at 07:39hrs | 336 | by Staff reporter
The politics of water in Bulawayo, Zimbabwe
Water has always been an important and valuable resource to humanity, which partly explains why most great civilisations were situated near water bodies. The value of water is much more amplified when...Published: 18 Sep 2024 at 19:46hrs | 1068 | by Craig Tinashe Tanyanyiwa
Diaspora community form Funeral and repatriation service fund
Gwanda North community members based in South Africa have formed a funeral and bodies repatriation services group fund due to desperation of some colleagues whenever death strikes across the Limpopo....Published: 08 Sep 2024 at 12:54hrs | 598 | by Stephen Jakes
ZiG acceptance grows across Zimbabwe economy
The Reserve Bank of Zimbabwe (RBZ) has observed a growing acceptance of the local currency, ZiG, by both businesses and individuals, which aligns with the central bank's efforts to stabilize the econo...Published: 24 Jul 2024 at 08:54hrs | 2080 | by Staff reporter
John II's mission impossible to save Zimbabwe economy clocks 100 days
Zimbabwe's new central bank Governor John Mushayavanhu has done the seemingly impossible in his first 100 days - created a stable currency and tamed price pressures in a nation that's been a poster-ch...Published: 08 Jul 2024 at 11:06hrs | 6 | by Staff reporter
Ramaphosa ordered to crack the whip on Panyaza
Former Democratic Alliance (DA) MP Douglas Gibson has urged President Cyril Ramaphosa to crack the whip on Panyaza Lesufi.This comes after the announcement of the executive council for the sev...Published: 02 Jul 2024 at 09:50hrs | 5 | by Staff reporter
Zimbabwe power crisis grounds industries
In Zimbabwe, recent rolling blackouts have severely impacted key industries, raising concerns about potential economic downturns and job losses. Kurai Matsheza, president of the Confederation of Zimba...Published: 30 Jun 2024 at 18:32hrs | 1 | by Staff reporter
Zimbabwe to seek global recognition for ZiG
The Reserve Bank of Zimbabwe (RBZ) is committed to ensuring the long-term sustainability of the Zimbabwe Gold (ZiG) as a viable currency and aims to establish the local currency as a globally rec...Published: 24 Jun 2024 at 06:22hrs | 1 | by Staff reporter
Brian Molefe might take Corruption Watch to the cleaners
Former Eskom and Transnet CEO Brian Molefe might take Corruption Watch (RF) NPC to the cleaners.The non-profit organisation last week filed a notice of withdrawal against Molefe to be declared...Published: 10 Jun 2024 at 14:00hrs | 14 | by Staff reporter
Bulawayo runs dry as council repairs infrastructure
The Bulawayo City Council has temporarily disconnected water supply to several suburbs for maintenance work at the Tuli, 6J, and Rifle Range reservoirs. This maintenance began yesterday and is expecte...Published: 10 Jun 2024 at 08:41hrs | | by Staff reporter
Zimbabwe applies for ISO code for ZiG
The Reserve Bank of Zimbabwe (RBZ) is actively pursuing an International Organisation for Standardisation (ISO) code for the Zimbabwe Gold (ZiG), signaling its intention to establish ZiG as an indepen...Published: 22 May 2024 at 10:14hrs | 15 | by Staff reporter
'Bond notes, Zimdollar had no backing'
BOND notes and the Zimdollar (ZWL$) did not have any backing during their tenure, the central bank has said, raising questions on the facilities that were bandied to be supporting the local currency....Published: 12 Apr 2024 at 09:49hrs | 2 | by Staff reporter
Zidera is the primary obstacle Zimbabwe's economic progress
INDUSTRY leaders have pleaded for the total removal of the sanctions programme under the Zimbabwe Democracy and Economic Recovery Act (Zidera), citing them as the primary obstacle to the economic prog...Published: 06 Mar 2024 at 20:54hrs | 1 | by Staff reporter
Bulawayo set for major transformation
BULAWAYO is experiencing a renaissance as investor interest is surging, reindustrialisation efforts taking root and multi-million dollar projects underway, signalling a promising future for the city....Published: 18 Feb 2024 at 09:00hrs | 5 | by Staff reporter
More water woes for Bulawayo
BULAWAYO residents should brace themselves for more water woes after the local authority announced a disruption in supply across the city due to maintenance works at Ncema Works and Pump Station....Published: 15 Jan 2024 at 05:14hrs | 4 | by Staff reporter
Zimra tightens screws on businesses
GOVERNMENT and the business sector are headed for a showdown after the Zimbabwe Revenue Authority (Zimra) yesterday announced a raft of tough measures limiting the formal traders' access to commoditie...Published: 04 Jan 2024 at 05:59hrs | 10 | by Staff reporter
Colourful place names of Rhodesia and their origin
THE TRACING of place names in a country in Africa can be both fascinating and frustrating. One must know – or quickly learn – something about history, about geography and the origins of word...Published: 28 Dec 2023 at 17:59hrs | 40 | by Phillippa Berlyn with some amendments by Tony Tanser
Potholes re-emerge in wake of recent rains
HEAVY rains being recorded across the country have caused more extensive damage to some major roads in Bulawayo, which are now riddled with potholes making driving a nightmare in the city. Apa...Published: 28 Dec 2023 at 07:30hrs | 10 | by Staff reporter
Umkhonto weSizwe fighter will never forget what a white man told him in Zimbabwe in 1980
I have no idea whether the white man I am writing about is still alive or not. He gave me an understanding of what actually happened to us Africans, and how sinister it was, when we were colonized. Hi...Published: 19 Dec 2023 at 13:11hrs | 14 | by Thula Bopela
Ramaphosa wipes out political opponents
President Cyril Ramaphosa seems to have wiped out his political opponents by what many deem is the use of state organs to fight political battles. Arrests seem to have dampened the energy of the "RET ...Published: 27 Nov 2023 at 05:10hrs | 12 | by Staff reporter
Maybe if there had been no social media, Zimbabwe would be free today!
When I started writing these social justice articles way back in 1989, as a form three pupil, the world was a very different place.Those of us who had chosen this path - of speaking for the op...Published: 05 Nov 2023 at 13:23hrs | 10 | by Tendai Ruben Mbofana
Zim thieves nabbed for stealing solar panels in Botswana
Two Zimbabwean thieves who illegally crossed to Botswana on a stealing spree were yesterday jailed by Plumtree magistrate Joshua NembawareLotlo Ngwenya (29) and James Ncube (26) were sentenced...Published: 02 Nov 2023 at 15:24hrs | 6 | by Simbarashe Sithole
Bags for Jeys Marabini packed, ready to go
BULAWAYO's jazz music superstar, Jeys Marabini has packed his bags and ready to go. The Xola hitmaker is ready to prove that he is a force to reckon with in his United Kingdom (UK) tour where he will ...Published: 25 Oct 2023 at 20:31hrs | 5 | by Christopher 'Mawande' Ncube
Bulawayo students' complex already full
SPACE at the US$17 million student accommodation complex in Bulawayo is reportedly full as a number of students from different institutions have taken up residence with hundreds who have been making e...Published: 10 Sep 2023 at 08:56hrs | 3 | by Staff reporter
Chamisa mixes politics with religion
Tony Blair's press secretary Alastair Campbell, when the former British Prime Minister was asked about his faith, famously retorted that "we don't do God," illustrating the perceived perils of mixing ...Published: 08 Aug 2023 at 22:27hrs | 10 | by Staff reporter
Hwange Power Station Unit 7 put into commercial operation
TRIALS have ended for the new Hwange Thermal Power Station's Unit 7 which has now been successfully put into commercial operation to provide an uninterrupted 300MW electricity supply to the national g...Published: 28 Jul 2023 at 06:43hrs | | by Staff reporter
Bulawayo guns for green city status
BULAWAYO City Council has started consulting various stakeholders as it gears to attains green city status in the next few years.In a notice this week, town clerk Christopher Dube said: "The C...Published: 14 Jul 2023 at 08:59hrs | 7 | by Staff reporter
Zimdollar shortage hits market
A serious shortage of Zimbabwe dollar has hit the market on fiscal and monetary policy measures amid fears the crunch will affect aggregate demand.The liquidity squeeze follows recent me...Published: 30 Jun 2023 at 16:08hrs | | by Staff reporter
Zimbabwe industry applauds improved power situation
THE business community has started feeling the positive impact of improved power generation in the country, expressing hope that the situation will continue to stabilise, thereby guaranteeing enhanced...Published: 26 Jun 2023 at 06:46hrs | 9 | by Staff reporter
Money-spinning in Zimbabwe shadow economy
WHILE local shoppers traditionally flocked to big groceries and supermarkets for bargains on consumer goods, of late, they have been trooping to "tuckshops" in downtown Harare, where basic commodities...Published: 25 Jun 2023 at 09:31hrs | 3 | by Staff reporter
Mnangagwa disappointed by some members of the business community
PRESIDENT Mnangagwa is disappointed by some members of the business community whose conduct continues to frustrate Government efforts to stabilise the economy and the current wave of price increases o...Published: 23 May 2023 at 06:36hrs | 21 | by Staff reporter
Mnangagwa in panic mode
PRESIDENT Emmerson Mnangagwa has pressed the panic button over galloping prices of basic commodity as he accused retailers of plotting his defeat ahead of the August elections. Retailers last ...Published: 22 May 2023 at 06:40hrs | 2 | by Staff reporter
Zimbabwe industry frets over suspension of import duty
CAPTAINS of industry in Zimbabwe are sweating over the recent suspension of import duty and import value-added tax (VAT) on 10 basic groceries saying this was tantamount to exporting jobs and killing ...Published: 15 May 2023 at 19:01hrs | 1 | by Staff reporter
Zimbabwe's manufacturing capacity to hit 70% this year?
Capacity utilisation in the manufacturing sector is forecast to reach 70 percent this year, with production continuing to increase with more investment flowing into factories, according to the latest ...Published: 07 Apr 2023 at 09:10hrs | 1 | by Staff reporter
Zimbabwe in race to introduce digital currency
Zimbabwe is in the race to become one of the first African countries to introduce a central bank digital currency (CBDC).Nigeria became the first country in Africa to issue a CBDC, the eNaira,...Published: 04 Mar 2023 at 10:25hrs | 1 | by Staff reporter
'Power cuts to wipe out US$4bn'
ROLLING blackouts, which have deepened in the past few months, could cost the economy close to US$5 billion this year, industrialists told the Zimbabwe Independent.They said many companies had...Published: 03 Mar 2023 at 18:23hrs | 1 | by Staff reporter
POLICE WARNING: Private security firms potential criminals
POLICE have warned Bulawayo residents against hiring private security companies to patrol in their suburbs as that could expose them to criminals.The officer Commanding Bulawayo Province Commi...Published: 02 Feb 2023 at 23:08hrs | 1 | by Staff Reporter
Mnangagwa's govt claims to have delivered 600 000 jobs
NEARLY 600 000 new formal jobs have been created in various sectors from 2018 to date, an indication that the formal economy is growing in tandem with increased economic activity, latest figures from ...Published: 15 Jan 2023 at 09:39hrs | | by Staff reporter
Mpopoma's famous personalities
BULAWAYO city, just like other towns and cities in Zimbabwe, had residential areas allocated according to race before Independence. Europeans, Africans, referred to at that time as "natives," Indians ...Published: 14 Jan 2023 at 07:38hrs | | by Staff reporter
Zimbabwe business mulls night-shift, weekend operations
INDUSTRY representative bodies are considering adopting night and weekend shifts as a short-term strategy to mitigate the adverse impact of crippling power cuts while ensuring steady production....Published: 14 Dec 2022 at 06:31hrs | | by Staff reporter
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