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Zimbabwe exceeds Africa health funding target
ZIMBABWE has surpassed the Abuja Declaration target which requires that countries spend at least 15 percent of their national budgets on the health sector, Finance and Economic Development Minister Pr...Published: 14 hrs ago | 378 | by Staff reporter
Don't criticise my budget surplus, says Mthuli Ncube
FINANCE minister Mthuli Ncube yesterday said Zimbabweans should not criticise his budget surplus, and claimed that his austerity measures had saved the economy from an economic collapse induced by the...Published: 15 hrs ago | 863 | by Staff reporter
Chamisa says living in Zimbabwe a struggle
OPPOSITION MDC Alliance leader Nelson Chamisa has accused President Emmerson Mnangagwa's administration of making citizens' lives a living hell, especially with the underperforming economy turning the...Published: 21 Sep 2021 at 06:17hrs | 1459 | by Staff reporter
Zimbabwe reaches new vaccination milestone
Zimbabwe has recorded another positive achievement in its Covid-19 vaccination roll-out and has been listed among 13 African countries that have reached the World Health Organisation (WHO) target to f...Published: 20 Sep 2021 at 07:06hrs | 510 | by Staff reporter
Bulawayo in push to revive dead industry
A visit to the Belmont industrial area, once alive with the roar of machinery, reveals the story of decay.Bulawayo's vast industrial areas are now abandoned, resulting in crippling unemploymen...Published: 19 Sep 2021 at 08:36hrs | 229 | by Staff reporter
Why I wrote Mnangagwa book
Former MDC politician Eddie Cross says he could not turn down an opportunity to write President Emmerson Mnangagwa's autobiography because he was impressed with his attitude.Cross (EC), the au...Published: 19 Sep 2021 at 08:34hrs | 453 | by Staff reporter
Zimbabwe anti-sanctions fight reaches UN HQ
SCORES of people, led by anti-imperialist group December 12 (D12) Movement yesterday picketed at the United Nations Headquarters in New York, United States of America, calling for the removal of illeg...Published: 19 Sep 2021 at 08:14hrs | 227 | by Staff reporter
Zimbabwe's 2nd Republic of contradictions, inconsistencies
DEVELOPMENTS in the past few days and weeks have shown that those in charge of our so-called Second Republic are nothing more than a clueless bunch given to gross lies, glaring contradictions and emba...Published: 17 Sep 2021 at 06:26hrs | 482 | by Luke Tamborinyoka
Mthuli Ncube in US
ZIMBABWE will seek to raise $200m in a debut domestic US dollar bond sale on its stock exchange in Victoria Falls that trades exclusively in foreign currency, says finance minister Mthuli Ncube....Published: 16 Sep 2021 at 19:50hrs | 1057 | by Staff reporter
Anti-Mnangagwa demo planned
ZIMBABWEANS in the USA and Canada say they will this weekend demonstrate against President Emmerson Mnangagwa at the United Nations headquarters in New York over human rights abuses and denial of thei...Published: 13 Sep 2021 at 19:43hrs | 1798 | by Staff reporter
Viral message on Zimbabwe civil servants trips to SA is fake
PUBLIC Service minister Paul Mavima yesterday admitted that civil servants could not afford locally made products and recommended that government sponsors them to buy cheaper goods in neighbouring Sou...Published: 13 Sep 2021 at 06:15hrs | 1968 | by Staff reporter
Treasury loses $112 billion to dodgy crony tax exemptions
TREASURY, always in financial dire straits, lost about ZW$112 billion in potential revenue last year (approximately US$1.3 billion on the official exchange rate) through tax expenditures consisting of...Published: 10 Sep 2021 at 18:52hrs | 292 | by Staff reporter
Biti caution govt over IMF windfall
ZIMBABWE'S former Finance ministers Herbert Murerwa and Tendai Biti have warned the government against using the recent US$961 million worth of special drawing rights (SDRs) from the International Mon...Published: 10 Sep 2021 at 07:39hrs | 1793 | by Staff reporter
Govt snubs cheaper donor-funded jabs
IN an eyebrow-raising development, the Zimbabwean government, battling the Covid-19 pandemic, has been purchasing expensive Chinese vaccines while overlooking doses supplied at cheaper prices under th...Published: 10 Sep 2021 at 07:32hrs | 913 | by Staff reporter
High Court postpones teachers' unions case
Bulawayo High Court judge Justice Nokuthula Moyo on Wednesday postponed, on a technicality, the case in which a nine-year-old pupil is seeking to stop teachers from engaging in industrial action over ...Published: 10 Sep 2021 at 07:24hrs | 199 | by Staff reporter
VFEX signs Dubai deal
THE Victoria Falls Stock Exchange (VFEX) has signed a Memorandum of Understanding (MoU) with the Dubai Gold and Commodities Exchange (DGCX), the region's leading derivatives exchange —to strengthen ...Published: 09 Sep 2021 at 06:14hrs | 546 | by Staff reporter
Govt releases US$30m for 2022 national census
Government has released US$30 million of the US$98 million which was allocated for the 2022 national census programme, the Zimbabwe National Statistics Agency (ZimStat) said yesterday.This was...Published: 08 Sep 2021 at 06:19hrs | 749 | by Cedric Steele
Biti - Mthuli Ncube to lock horns over IMF funding
MDC Vice President Tendai Biti and the Minister of Finance Mthuli Ncube are expected to participate in a heated economics debate on Tuesday organized by the Zimbabwe Economics Society under the theme:...Published: 07 Sep 2021 at 12:09hrs | 2661 | by Mandla Ndlovu
Zimbabwe being run by clueless ZANU PF clowns
The Emmerson Mnangagwa led ZANU PF government has once again proven beyond no doubt that they are clueless and a bunch of mediocre buffoons. They impose policies which are half baked and result in the...Published: 07 Sep 2021 at 07:41hrs | 1374 | by Prince Njagu
Banks wary of lending out US dollar loans
ZIMBABWE'S banks are sitting on US$1.7 billion and not willing to lend it to corporates due to the uncertainty around currency reforms which exposes them if they issue United States dollar-denominated...Published: 06 Sep 2021 at 06:50hrs | 2437 | by Staff reporter
Zimra registers 21 643 new tax payers
THE Zimbabwe Revenue Authority (Zimra) says a total of 21 643 enterprises were registered as new tax payers in the year 2020 as the Government's efforts to widen revenue collection bear fruit. ...Published: 06 Sep 2021 at 05:19hrs | 88 | by Staff reporter
War vets expose ugly Zanu-PF fights
WAR veterans in Mashonaland West province have laid bare deep-rooted factionalism in Zanu-PF and blasted their national chairman Christopher Mutsvangwa for accusing other former freedom fighters of be...Published: 05 Sep 2021 at 07:11hrs | 2754 | by Staff reporter
Zimbabwe makes first payment to Paris Club in 20 years
ZIMBABWE says it has made its first debt repayment to a group of creditor countries known as the "Paris Club" under a refreshed plan to clear up to US$10,7 billion owed to several multilateral funders...Published: 05 Sep 2021 at 07:06hrs | 2665 | by Staff reporter
Industries push for US$4.5bn power project
THE Confederation of Zimbabwe Industries (CZI) says President Emmerson Mnangagwa's government must prioritise the completion of Batoka Gorge power station, to meet higher electricity demand projected ...Published: 05 Sep 2021 at 07:05hrs | 400 | by Staff reporter
Will the IMF US$961m windfall rescue Zimbabwe?
According to the International Monetary Fund (IMF), Covid-19 has caused substantial long-term global macroeconomic environment change, and the pandemic inflicted long-term scars on the global economy....Published: 05 Sep 2021 at 07:04hrs | 246 | by Learnmore Nyamudzanga
Mthuli Ncube to launch US$ bond on VFEX
WITH the Victoria Falls Stock Exchange (VFEX) being one of the innovation reforms meant to support the process of financial deepening, Government is working on launching a US$ bond and list it on the ...Published: 05 Sep 2021 at 06:58hrs | 1849 | by Staff reporter
IMF SDR release puts Biti in his place
IN April 2021, the International Monetary Fund's Catastrophe Containment and Relief Trust (CCRT) granted debt relief to the 28 poorest and most vulnerable countries hit by catastrophic natural disaste...Published: 05 Sep 2021 at 06:53hrs | 1093 | by Nobleman Runyanga
Civil servants assured of 13th cheque
Government has assured civil servants that they will receive their bonus this year while conditions of service will continue to be improved.Bonus payments are usually made in November and Dece...Published: 05 Sep 2021 at 06:50hrs | 258 | by Staff reporter
Sikhosana's homestead to be re-furbished
After B-Metro made it public that Folklore musician Sikhosana Buhlungu is living in poverty, well-wishers and fans have embarked on a drive of donating building material to improve Sikhosana's homeste...Published: 04 Sep 2021 at 19:39hrs | 693 | by Staff reporter
'Top bankers assigned to guard Zimbabwe's IMF windfall'
Finance Minister Mthuli Ncube laid out a solid spending plan for the US$961 million recently injected by the International Monetary Fund (iMF), saying the windfall would be guarded by three top banker...Published: 03 Sep 2021 at 07:01hrs | 4889 | by Staff reporter
'Banks troop back into Zimbabwe agric funding'
GOVERNMENT has announced a fresh plan to attract banks into funding agricultural production, with draw-downs from the recently released International Monetary Fund Special Drawing Rights (SDRs) being ...Published: 03 Sep 2021 at 06:57hrs | 1006 | by Staff reporter
Mines troop to VFEX
GOVERNMENT says several mining firms have indicated plans to list on Zimbabwe's year-old bourse, the Victoria Falls Stock Exchange (VFEX).VFEX, which exclusively trades in foreign currency, ha...Published: 03 Sep 2021 at 06:51hrs | 234 | by Staff reporter
Govt to appoint new ZIMRA board chairman, top management
The Treasury says it is close to finalising the appointment of a substantive chairman for the Zimbabwe Revenue Authority (ZIMRA) board. The tax authority is also putting the final touches to t...Published: 03 Sep 2021 at 06:46hrs | 858 | by Staff reporter
Poor urban family's monthly budget shoots to $41,000
A LOW-INCOME earning urban family of six now requires approximately $41 235.93 to sustain their monetary needs per month, according to the Consumer Council of Zimbabwe (CCZ).This translates to...Published: 02 Sep 2021 at 21:19hrs | 656 | by Staff reporter
Zimbabwe true liberation heroes need to finally unshackle themselves from those who hijacked the struggle
This past week has been a most painful one for all of us who respect and honour the history of our beloved country, its legacy, and the struggle that brought about its liberation.Firstly, ther...Published: 01 Sep 2021 at 17:55hrs | 316 | by Tendai Ruben Mbofana
2021 Mid Term Monetary & Budget analysis
The latest mid-term budget and monetary policy statements were presented in a low key mode with emphasis on avoiding policy shocks that can rock the economy. The Zimbabwean government revised upwards ...Published: 01 Sep 2021 at 15:30hrs | 485 | by Victor Bhoroma
War vets expose Zanu-PF terror campaign
DISGRUNTLED veterans of the 1970s liberation war yesterday accused President Emmerson Mnangagwa and his government of neglecting them, in a development signalling deepening ructions in Zanu-PF....Published: 31 Aug 2021 at 06:16hrs | 4139 | by Staff reporter
Trevor Ncube's newspaper corners Mnangagwa's govt over Zupco 'shady deal'
THE Zimbabwe Independent newspaper is suing the government for refusing to release information regarding the procurement of the Zimbabwe United Passenger Company (Zupco) buses.According ...Published: 31 Aug 2021 at 06:09hrs | 2393 | by Staff reporter
'Mnangagwa has betrayed us'
DISGRUNTLED liberation war veterans have drawn daggers against President Emerson Mnangagwa accusing him of betraying them.The easily irritable former freedom fighters say by failing to give th...Published: 31 Aug 2021 at 06:06hrs | 964 | by Staff reporter
Chamisa's MDC fears Zanu-PF will use IMF US$1 billion for 'electioneering'
Close to US$1 billion released to Zimbabwe by the International Monetary Fund (IMF) could be misused by the Zanu-PF government to finance its 2023 election campaign, the Movement for Democratic Change...Published: 30 Aug 2021 at 19:35hrs | 334 | by Staff reporter
Pupil drags teachers to court
A LEARNER at Mafuko Primary School in Gwanda district in Matabeleland South has approached the High Court on an urgent basis seeking an order barring teachers in public schools from embarking on an in...Published: 30 Aug 2021 at 19:26hrs | 527 | by Staff reporter
Mliswa taunts Mnangagwa over war veterans
NORTON'S Member of Parliament Temba Mliswa (independent) says successive Zanu-PF governments have dismally failed to look after war veterans since 1980.In a statement on his Twitter page, Mlis...Published: 30 Aug 2021 at 05:56hrs | 2779 | by Staff reporter
Millers back fresh policies
ZIMBABWE'S milling industry have showered praises on under fire Finance minister, Mthuli Ncube for "continued strenuous efforts" in maintaining fiscal discipline to rebuild the troubled economy....Published: 29 Aug 2021 at 07:13hrs | 159 | by Staff reporter
Zimbabwe's IMF funds targeted for industry
A portion of the US$961 million received from the International Monetary Fund (IMF) in the form of Special Drawing Rights (SDRs) could be used to extend concessionary loans to industry.The IMF...Published: 29 Aug 2021 at 07:10hrs | 153 | by Staff reporter
Zimbabwe rising to fastest growing economy in Africa
ZIMBABWE's economy is arguably the fastest growing on the African continent this year due to the sound policies being implemented by the Second Republic, President Mnangagwa has said.Economic ...Published: 29 Aug 2021 at 07:08hrs | 1117 | by Staff reporter
Mnangagwa claims that Zimbabwean economy is in fast lane
Zimbabwe's economy is arguably the fastest growing on the African continent this year due to sound policies being implemented by the Second Republic, President Mnangagwa has said.Economic grow...Published: 29 Aug 2021 at 07:07hrs | 163 | by Staff reporter
Government neglecting civil servants
The plight of most civil servants in the country is in dire straits.Most Zimbabwean civil servants have been wallowing in poverty and the situation on the ground speak volumes and it is ...Published: 28 Aug 2021 at 21:36hrs | 1131 | by Leonard Koni
Protesting war vets released without charge
The nine former liberation war combatants arrested on Wednesday after storming Finance minister Mthuli Ncube's offices protesting against poor pension earnings were released yesterday without charge....Published: 28 Aug 2021 at 05:55hrs | 333 | by Staff reporter
G40, MDC Alliance exposed in war vets' arrests
THE chairperson of the Zimbabwe National Liberation War Veterans Association (ZNLWVA) Chris Mutsvangwa yesterday poured cold water on the latest attempts to divide war veterans by some G40 elements an...Published: 28 Aug 2021 at 05:52hrs | 789 | by Staff reporter
Mthuli Ncube won't adopt the black market rate
FINANCE Minister Mthuli Ncube says the government will not be forced into following the parallel market foreign currency rate.He was responding to MPs during a question and answer session Wedn...Published: 28 Aug 2021 at 05:48hrs | 928 | by Staff reporter
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