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Zimbabwe's currency reforms dilemma
The Zimbabwean government has indicated that the country will be launching a new currency before the end of 2019. The announcement has caused some confusion amongst businesses and the transacting publ...Published: 6 hrs ago | 979 | by Victor Bhoroma
Zimbabwe's currency reforms dilemma
The Zimbabwean government has indicated that the country will be launching a new currency before the end of 2019. The announcement has caused some confusion amongst businesses and the transacting publ...Published: 7 hrs ago | 1263 | by Victor Bhoroma
Mnangagwa exposes Grace Mugabe
PRESIDENT Emmerson Mnangagwa says former first lady Grace Mugabe owns a staggering 16 commercial farms in a revelation that could re-ignite the public spat between the Zanu-PF leader and his predecess...Published: 16 Jun 2019 at 20:22hrs | 2051 | by Staff reporter
Mthuli Ncube's speech to AfDB boards of governors - Fulltext
Speech by the minister of finance and economic development, Hon. Prof. Mthuli Ncube during the 2019 annual meetings of the boards of governors of the African Development Bank Group: Malabo, Republic o...Published: 16 Jun 2019 at 20:03hrs | 709 | by Mthuli NCube
'Mugabe to blame for Zimbabwe crisis'
Zanu-PF's new commissar Victor Matemadanda has dismissed claims that his recent appointment was meant to address growing concerns about the re-emergence of factionalism in the party.President ...Published: 16 Jun 2019 at 09:44hrs | 2136 | by Staff reporter
Austerity should not be just for the poor
Elsewhere on these pages, we carry a story about the impending shortage of bread and the expected price increases, barring immediate government intervention to address the wheat supply crisis facing t...Published: 16 Jun 2019 at 09:43hrs | 865 | by Editorial - The Standard
Mnangagwa says, 'no going back on currency'
THE public will soon access cheaper basic commodities at Grain Marketing Board (GMB) depots throughout the country as the Government moves to mitigate the wanton price increases by unscrupulous busine...Published: 16 Jun 2019 at 09:37hrs | 1605 | by Staff reporter
Lifestyle audits for public officials
A NEW legislation that allows lifestyle audits of all public officials to ascertain if their living standards are commensurate with their incomes is set to be introduced, Justice, Legal and Parliament...Published: 16 Jun 2019 at 09:34hrs | 391 | by Staff reporter
Mnangagwa makes radio cameo
The Herald Herald Reporters President Mnangagwa yesterday made good of his billing as a "listening President" when he fielded a wide range of questions from Zimbabweans on his maiden live radio progra...Published: 15 Jun 2019 at 08:49hrs | 426 | by Staff reporter
Police deployed to quell bloody gold wars
The government is deploying more police officers to mining areas to deal with the violent clashes between illegal miners popularly referred to as makorokoza. The deployment follows an upsurge ...Published: 15 Jun 2019 at 08:31hrs | 371 | by Staff Reporter
Comprehensive analysis of the current political, socio-economic developments in Zimbabwe
Politics requires strategy and there are several political and economic connotations evolving around our situation in Zimbabwe. Every aspect of politics or economics has its own indicators. Never make...Published: 14 Jun 2019 at 20:05hrs | 1175 | by Tinashe Eric Muzamhindo
Zimbabwe in austerity-induced recession
"OUTPUT in Zimbabwe is expected to contract in 2019 with a sharp rise in inflation reducing real incomes and foreign exchange shortages constraining activity," the World Bank reports in its Global Eco...Published: 14 Jun 2019 at 08:22hrs | 788 | by Tinashe Kaduwo
New currency unlikely to perform miracles for Zimbabwe
GOVERNMENT'S plans to unveil a new currency by year-end without addressing macro-economic fundamentals could be catastrophic, while the proposed local unit risks suffering the same fate as the defunct...Published: 14 Jun 2019 at 08:21hrs | 1105 | by Staff reporter
Zapu urges supporters to attend Gukurahundi hearings
ZAPU has urged its supporters and Gukurahundi victims to attend hearings on national healing to share accounts of the 1980s mass killings to ensure the "truth is not hidden".The opposition par...Published: 14 Jun 2019 at 07:58hrs | 344 | by Staff reporter
Mthuli Ncube targets price stabilisation
Government's fiscal consolidation measures and other initiatives introduced into Zimbabwe's economic programmes should see prices of goods starting to drop from next month, Finance and Economic Develo...Published: 14 Jun 2019 at 07:48hrs | 1266 | by Staff reporter
Prices to start falling next month, claims Mthuli Ncube
Government's fiscal consolidation measures and other initiatives introduced into Zimbabwe's economic programmes should see prices of goods starting to drop from next month, Finance and Economic Develo...Published: 13 Jun 2019 at 17:32hrs | 4169 | by Staff reporter
Bread shortages loom
A bread shortage is looming after local millers ran out of wheat due to foreign currency shortages to import the cereal. The country has been facing challenges in wheat availability of late in...Published: 13 Jun 2019 at 07:52hrs | 2180 | by Staff reporter
Zinara revenues projected to hit $136m
The Zimbabwe National Roads Administration (Zinara)'s combined revenues are projected to rise to $135,6 million for the current year, up from $133,3 million last year. The improvement in the roads aut...Published: 13 Jun 2019 at 07:13hrs | 115 | by Staff reporter
Punish currency speculators, says Eddie Cross
Economist and former MDC official Mr Eddie Cross says Zimbabwe's economic fundamentals are now sound and there is no need for speculators to continue with their wayward behaviour on the foreign curren...Published: 13 Jun 2019 at 07:06hrs | 1063 | by Staff reporter
Epson to set up office in Zimbabwe
Swedish information communication technologies (ICTs) giant Epson Europe BV will set up office in Harare next week in response to President Mnangagwa's pro-investment reforms under the New Dispensatio...Published: 13 Jun 2019 at 07:04hrs | 493 | by Staff reporter
Extraordinary measure for extraordinary: A case of Zimbabwe's austerity measures
In the Bible when Jacob was faced with a situation he was supposed to meet Esau his brother he was so afraid knowing that he had subtly stolen the latter's blessing. During the night, Jacob wrestled a...Published: 12 Jun 2019 at 15:34hrs | 787 | by Elijah Chihota
Fix politics, not currency, says Chamisa
PRESIDENT Emmerson Mnangagwa's plans to abolish the multi-currency system in favour of a new local currency could spectacularly fail, resulting in more catastrophe for troubled Zimbabwe if fundamental...Published: 12 Jun 2019 at 08:04hrs | 6877 | by Staff reporter
RTGS dollar plunges by 140%
ZIMBABWE'S local currency, the Real Time Gross Settlement (RTGS) dollar, has plunged by 140% to trade at US$1:ZWL$6 on the official interbank market, nearly four months after its introduction in Febru...Published: 12 Jun 2019 at 07:06hrs | 3091 | by Staff reporter
Zanu-PF launches Scotland branch
Zimbabweans in the United Kingdom have said they are ready to work and mobilise investors to embrace President Mnangagwa's vision to become a middle-income economy by 2030. They said the visio...Published: 12 Jun 2019 at 06:52hrs | 135 | by Staff reporter
A case for subsidies in the mining sector
Zimbabwe racked in US$3.2 billion from mineral exports in 2018, a figure which represents 76% of the country's official total export earnings. This year the government has set the target at US$4.2 bil...Published: 11 Jun 2019 at 09:35hrs | 639 | by Victor Bhoroma
Opposition, Civic Groups, et al should soon coordinate peaceful protests to inspire Mnangagwa to resign
"The voice of the people is the voice of God", said Mnangagwa before the elections. Little did he know that this will backfire on him. People spoke during the election but he refused to listen. He act...Published: 11 Jun 2019 at 09:18hrs | 1568 | by Zanda Shumba
Zanu-PF out to defend Mnangagwa
THE Zanu-PF youth league in Mashonaland East says it is planning to roll out a number of rallies across the province to drum up support for President Emmerson Mnangagwa's economic policies as well as ...Published: 11 Jun 2019 at 07:14hrs | 1223 | by Staff reporter
Zimbabwe's Ill-gotten wealth Bill to be gazetted
A BILL to empower the State to seize ill-gotten wealth is expected to gazetted on Friday before the legislative process commences in Parliament next week, a Cabinet Minister has said. The craf...Published: 11 Jun 2019 at 07:01hrs | 422 | by Staff reporter
'Zimbabwe could fall into anarchy'
CHURCHES and the civic society say Zimbabwe risks falling into anarchy if the leaders of major political parties fail to dialogue and address pressing issues without resorting to violence.The ...Published: 10 Jun 2019 at 07:31hrs | 2875 | by Staff reporter
'Mnangagwa's govt fighting corrupt cartels'
VICE President Kembo Mohadi has said the country's economy is on the verge of recovery as the Government has stepped up its re-engagement efforts in line with its economic trajectory of transforming Z...Published: 10 Jun 2019 at 07:12hrs | 2484 | by Staff reporter
Mnangagwa's govt rolls out food aid for urbanites
GOVERNMENT will this year assist vulnerable families in urban centres with maize as part of its drought mitigation measures to ensure national food security, Zanu-PF provincial chairman for Mashonalan...Published: 10 Jun 2019 at 07:01hrs | 625 | by Staff reporter
Police urged to intensify patrols
THE Zimbabwe Republic Police (ZRP) has been implored to intensify patrols to monitor crime hotspots in and around Harare, particularly bus termini and streets where people are being mugged. Se...Published: 10 Jun 2019 at 06:53hrs | 1555 | by Staff reporter
Mthuli Ncube's budget surplus hits $500m
FINANCE and Economic Development Minister Professor Mthuli Ncube's austerity measures are paying dividends with respect to Government finances, once in shambles due to successive budget deficits, with...Published: 10 Jun 2019 at 06:50hrs | 2122 | by Staff reporter
Zimbabwe doctors, nurses strike in 14 days
Doctors and nurses have issued a 14-day notice to go on strike, saying health workers have had enough of austerity measures.Finance minister Mthuli Ncube last year introduced austerity measure...Published: 09 Jun 2019 at 12:31hrs | 4342 | by Staff reporter
Chamisa goes after Khupe
OPPOSITION MDC leader Nelson Chamisa, still basking in the glory of a fresh mandate given to him at the party congress last month, has rekindled his fight to effectively bar former vice-president Thok...Published: 09 Jun 2019 at 09:48hrs | 6294 | by Staff reporter
Tempers flare over proposed security law
Tempers flared in Kadoma yesterday during Parliament's public hearings on the Maintenance of Peace and Order Bill (Mopa) as residents differed sharply over the proposed law.Parliamentary portf...Published: 09 Jun 2019 at 09:40hrs | 558 | by Staff reporter
Mthuli Ncube releases $5million to keep Zimbabwe lights on
THE Government will this week release US$5 million for the refurbishment of a power generating unit at Hwange Power Station (HPS) as part of contingency measures to ease the current crippling power sh...Published: 09 Jun 2019 at 08:15hrs | 2522 | by Staff reporter
War vets voice concern over price hikes
WAR veterans in Bulawayo have expressed concern over wanton increases in prices of commodities, saying the issue needs to be urgently addressed. Speaking during a meeting at Entumbane suburb o...Published: 08 Jun 2019 at 07:53hrs | 615 | by Staff reporter
Give Mthuli a chance!
The story is told that Moses undertook the dangerous assignment to relocate the children of Israel to the Promised Land. The Red Sea, that vast water body, presented an intractable obstacle. T...Published: 08 Jun 2019 at 07:50hrs | 439 | by Staff reporter
Mnangagwa lays out Zimbabwe currency roadmap
The country should expect the reintroduction of a local currency before the end of the year, President Mnangagwa has said. He said this while addressing Southlea Park residents in Harare after taking ...Published: 08 Jun 2019 at 07:49hrs | 795 | by Staff reporter
Zimbabwe to dump rand, US dollar
Zimbabwean will do away with the multiple currency regime - which includes the rand, US Dollar and other units - currently accepted as legal tender alongside the RTGS$ consisting of bond notes and ele...Published: 07 Jun 2019 at 19:50hrs | 2777 | by Staff reporter
Military crackdown: What have they achieved in Zimbabwe?
Where the military has been used against its own people, the results have been the opposite of the intended purposes. The authoritarian rulers behind use of force against their own people never seem t...Published: 07 Jun 2019 at 10:11hrs | 2061 | by AT Kadada
Mnangagwa keeps eye on ill-gotten wealth
Proposed amendments to the Money Laundering and Proceeds of Crime Act will incorporate provisions for the High Court to issue out unexplained wealth orders, as Government moves to consolidate efforts ...Published: 07 Jun 2019 at 07:18hrs | 2936 | by Staff reporter
Do elections work in Zimbabwe?
THIS article seeks to explore the efficacy of elections as a tool of democratic governance in Zimbabwe since 1980.It is by no means exhaustive, but in a brief and cursory manner looks at the m...Published: 07 Jun 2019 at 07:06hrs | 265 | by Dumisani Nkomo
Zupco jokes, economic class and hedonistic individualism in Zimbabwe
There can be a bit of a laugh, if you are on social media, concerning the political-economic goings-on in Zimbabwe.There should not (strictly speaking) be. But on social media, there is and hu...Published: 07 Jun 2019 at 06:56hrs | 1196 | by Takura Zhangazha
Dishonesty now biggest threat to democracy
Two inter-related issues - highlighted in two feedbacks I have received over the past six months - should be addressed as a matter of priority and urgency.The first one is do with what one mob...Published: 07 Jun 2019 at 06:54hrs | 114 | by Conway Tutani
Mnangagwa's women blasts Chamisa
The Zanu-PF Women's League has castigated MDC-Alliance leader, Mr Nelson Chamisa, for calling for violent anti-Government protests to unseat a constitutionally-elected government. The sentimen...Published: 06 Jun 2019 at 07:28hrs | 3398 | by Staff reporter
Forex situation improves: CZI president
THE manufacturing sector has started benefiting from the US$500 million facility recently secured by Government to stabilise the foreign exchange market, newly elected Confederation of Zimbabwe Indust...Published: 06 Jun 2019 at 07:26hrs | 913 | by Staff reporter
5 ways to protect yourself when gambling online
It's fun and easy to gamble online, but there are also risks involved. Use the following tips_ to bet online safely....Published: 05 Jun 2019 at 23:02hrs | 863 | by Staff Writer
An economy of values and aspirations - Prof Mthuli Ncube
President Emmerson Mnangagwa commissions new Zupco buses that Government acquired in an effort to ease transport woes in this file photo. The recently introduced ZUPCO subsidies are helping many Zimba...Published: 05 Jun 2019 at 12:36hrs | 3937 | by Prof Mthuli Ncube, Special Correspondent
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