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'Zimbabwe diaspora remittances overtake foreign aid'
Diaspora remittances have overtaken foreign aid, as Zimbabweans abroad sent home over US$1 billion in 2020, the highest ever contribution made to the local economy, Finance and Economic Development Mi...Published: 04 May 2021 at 08:04hrs | 2449 | by Staff reporter
Zimbabweans in the diaspora remitted US$1 billion in 2020
ZIMBABWEANS in the diaspora last year sent home a total of US$1 billion, the highest ever contribution made to the local economy.Addressing journalists in Bulawayo over the last weekend, Finan...Published: 04 May 2021 at 07:38hrs | 694 | by Staff reporter
War vets want more cash
WAR veterans in Karoi have demanded more cash from Finance minister Mthuli Ncube, instead of being given loans for income-generating projects.The issue arose during a public hearing on the 202...Published: 04 May 2021 at 06:37hrs | 1042 | by Staff reporter
Mnangagwa has taken us back to 2008
PRESIDENT Emmerson Mnangagwa's administration is plunging Zimbabwe back into the 2008 era when the regime survived on peddling lies. Let us unpack some of the lies and confront them for answers....Published: 04 May 2021 at 06:23hrs | 583 | by Isaac
Zimra to ease cargo flows due to construction delays
The Zimbabwe Revenue Authority (Zimra) is working on several measures to speed up the flow of commercial cargo traffic through Beitbridge Border Post where parking space is now limited due to the ongo...Published: 04 May 2021 at 06:17hrs | 576 | by Staff reporter
The paradox of Zimbabwe's rising prices and falling inflation
FOLLOWING months of scepticism over Zimbabwe's ability to achieve its targeted annual inflation rate, some of the country's leading analysts are beginning to change theirview.Now, they fee...Published: 03 May 2021 at 06:24hrs | 1187 | by Staff reporter
Mnangagwa thinks Zimbabwe economy is showing rapid growth
Zimbabwe is on a path to rapid socio-economic growth driven mainly by measures put in place to boost production, which has risen remarkably across various sectors of the economy in the last few months...Published: 03 May 2021 at 06:11hrs | 282 | by Staff reporter
Blitz to get new voters ahead of 2023
Opposition political parties are rallying supporters to register to vote for the upcoming delimitation exercise for the 2023 general elections.The parties have also upped voter registration aw...Published: 02 May 2021 at 09:18hrs | 206 | by Staff reporter
Zimbabwe govt caves in to market pressure
THE Zimbabwean government has caved in to market demands for valuation of the two suspended formally dually-traded securities, Old Mutual and PPC, to be valued according to the closing prices of the t...Published: 30 Apr 2021 at 07:27hrs | 2891 | by Staff reporter
Separated by a river, but worlds apart
Depending on one's propensity to follow the news, the world, at varying days of December of 2019 was introduced to the novel corona virus, a highly contagious and deadly virus preliminary reports at t...Published: 27 Apr 2021 at 14:40hrs | 2264 | by Sibusisiwe Tshuma
Elections have already been rigged
IN rural areas, men and women, just as cattle and donkeys, are beasts of burden.Life doesn't come cheap and easy in the village.Success also often comes from or after unavoidable physi...Published: 25 Apr 2021 at 07:17hrs | 337 | by Staff reporter
Activist claims $8 million for unlawful arrest
A HUMAN rights activist has filed an $8 million lawsuit against Home Affairs minister Kazembe Kazembe over unlawful arrest which resulted in him going through a trial for an entire year.Simon ...Published: 23 Apr 2021 at 07:40hrs | 768 | by Staff reporter
RBZ intensifies probe on forex auction violators
THE Reserve Bank of Zimbabwe (RBZ) has launched a crackdown on businesses that violated exchange control rules, demanding import and export acquittal records for the past five years.Informatio...Published: 23 Apr 2021 at 07:29hrs | 509 | by Staff reporter
Mthuli sticks to 7,4% growth
FINANCE minister Mthuli Ncube is sticking to his economic growth forecast of 7,4% for this year, just days after President Emmerson Mnangagwa said Zimbabwe would have to lower its projection.N...Published: 22 Apr 2021 at 06:19hrs | 331 | by Staff reporter
Is Zimbabwe a dumping ground for used cars?
LAST year in November, Finance and Economic Development Minister Professor Mthuli Ncube announced that imports of second-hand vehicles more than 10 years old were to be banned to contain the import bi...Published: 21 Apr 2021 at 07:01hrs | 724 | by Staff reporter
Zimbabwe maintains 7.4% growth target
Zimbabwe's Treasury is sticking to its economic growth estimate of 7.4%, even after the nation's president said the projection would have to be lowered.The forecast is achievable after the cou...Published: 20 Apr 2021 at 18:00hrs | 327 | by Staff reporter
Zimbabwe's telco regulator takes bold steps towards greater digital inclusion
The impact of the Covid-19 pandemic has highlighted the need for African governments to pursue rapid digital transformation.Digitisation has the ability to transform economies and people's liv...Published: 19 Apr 2021 at 19:32hrs | 357 | by Angela Collins
Zimbabwe breaks law for US$50m Covid-19 vaccines loan
Zimbabwe has contracted yet another US$50 million loan from the Africa Export-Import Bank (Afreximbank) to finance its Covid-19 vaccination programme despite government claims it is using internal res...Published: 18 Apr 2021 at 09:15hrs | 963 | by Staff reporter
Zimbabwe's GDP goes up to US$24 billion
THE country's Gross Domestic Product (GDP) has risen to US$24 billion owing to sound financial policies introduced by Government to replenish its coffers, Finance and Economic Development Minister Pro...Published: 18 Apr 2021 at 09:00hrs | 623 | by Staff reporter
Chamisa's MDC blasts govt double standards in new US dollar passport fees
MDC ALLIANCE has hit out at government for alleged double standards in the latter's recent decision to peg passport application fees in US dollars whereas workers providing the services and many more ...Published: 15 Apr 2021 at 07:30hrs | 1519 | by Staff reporter
Josta returns to Bosso
THE 2019 Premier Soccer League Soccer Star of the Year Joel Ngodzo completed his return to Highlanders yesterday, with the Bulawayo giants unveiling the midfielder alongside six other signings. ...Published: 15 Apr 2021 at 07:23hrs | 431 | by Staff reporter
Rogue security agents warned
GOVERNMENT is dealing with armed robbery cases involving members of the security sector and has said those who resist arrest will be shot. Increasing armed robberies, mainly targeting banks an...Published: 13 Apr 2021 at 06:26hrs | 474 | by Staff reporter
Poet donates COVID-19 PPE, stationery to Bulawayo school
BULAWAYO-BASED writer and poet Mthulisi Ndlovu through his The Roots Voluntary Charity Trust (Trovoco) recently partnered with Agnieszka Maria, from a Polish school (MikoĊaj Kopernik), and donated CO...Published: 12 Apr 2021 at 07:17hrs | 127 | by Staff reporter
Bulawayo requests for more Covid-19 vaccines
BULAWAYO City Council's (BCC) Covid-19 vaccination drive is beset by inadequate distribution of doses, forcing the local authority to adopt a deliberate strategy not to actively promote the inoculatio...Published: 09 Apr 2021 at 23:34hrs | 514 | by Staff reporter
Business escalates rice tax deadlock
ZIMBABWE'S retail and wholesale industries, under pressure from Treasury to pay a controversial tax on rice in retrospect, have approached President Emmerson Mnangagwa and his deputy Vice-President Co...Published: 09 Apr 2021 at 07:37hrs | 440 | by Staff reporter
More misery for Chamisa
MDC Alliance leader Nelson Chamisa has suffered another blow after High Court judge Justice Philda Muzofa dismissed an application to stop Treasury from disbursing money under the Political Parties (F...Published: 08 Apr 2021 at 08:53hrs | 3802 | by Staff reporter
Tourism goods VAT scrapped
GOVERNMENT has removed Value Added Tax (VAT) payable on selected goods and services in the tourism sector in an effort to promote domestic tourism and catapult the industry back to its hey days. ...Published: 08 Apr 2021 at 08:42hrs | 272 | by Staff reporter
Chamisa's MDC lose funding case
HIGH Court judge Justice Philda Muzofa has thrown out an application by the MDC Alliance which sought to bar the government from disbursing funds to the main MDC led by Douglas Mwonzora under the Poli...Published: 07 Apr 2021 at 18:30hrs | 2929 | by Staff reporter
'Masuku death marked the demise of democracy'
CIVIC groups in Matabeleland have described the late Zimbabwe People's Revolutionary Army (Zipra) Commander General Lookout Masuku as the epitome of democracy, hence his inexplicable death on April 5,...Published: 07 Apr 2021 at 07:08hrs | 2588 | by Staff reporter
Used car import rules clarified
Imports of second-hand vehicles more than 10 years old from the date of manufacture on the day they enter Zimbabwe on or after April 2 are no longer automatic and now need specific import licences for...Published: 06 Apr 2021 at 06:39hrs | 1669 | by Staff reporter
Mnangagwa's minister joins Bosso
ENVIRONMENT, Tourism and Hospitality Industry Minister Nqobizitha Mangaliso Ndlovu is now a card-carrying member of Highlanders FC after being charmed by newly elected club committee member Mgcini Maf...Published: 05 Apr 2021 at 07:52hrs | 1824 | by Staff reporter
Rural push spurs NetOne growth
STATE-RUN mobile telecoms firm, NetOne says last year's strategic expansion into outback markets lifted subscribers for its mobile money platform, OneMoney by 500 000, giving it fresh impetus....Published: 04 Apr 2021 at 22:40hrs | 350 | by Staff reporter
NetOne restructures debt ahead of deal
STATE-run mobile telecoms firm NetOne says a debt restructuring programme has been underway since government announced plans to bring private investors into the operation in 2018 under an ambitious pl...Published: 04 Apr 2021 at 09:35hrs | 331 | by Staff reporter
Civil servants pay rise this month
CIVIL servants will get a salary increment this month, with the Government offering what is available in its coffers, while negotiations for a better package continue under the National Joint Negotiat...Published: 04 Apr 2021 at 08:11hrs | 1754 | by Staff Reporter
Zimra blocks importation of used cars without deadline notice
Without any warning, the Zimbabwe Revenue Authority (Zimra) on Good Friday in the middle of the day blocked all imported cars that were manufactured before 2011 from leaving the border posts.C...Published: 03 Apr 2021 at 08:08hrs | 4924 | by Bhebhe Mandla
Zimbabwe curbs importation of older vehicles
IT IS now illegal to import vehicles that are more than 10 years old, after the government gazetted a new law yesterday aimed at curbing the purchase of battered cars into the country.The new ...Published: 02 Apr 2021 at 15:21hrs | 1836 | by Staff reporter
'Informal sector is 70% GPD but remitting paltry 1% in taxes' - get nothing from taxing imaginary wealth, common sense
"Shocking evidence of tax leakages hogged the limelight this week, with Finance and Economic Development minister Mthuli Ncube saying the informal sector, which makes up 70% of Zimbabwe's gross domest...Published: 01 Apr 2021 at 21:38hrs | 731 | by Patrick Guramatunhu
Zimbabwe to get one million vaccines per month
Zimbabwe will receive about one million doses of Covid-19 vaccines per month from additional purchases so as to reach the 10 million herd immunity target, Finance and Economic Development Minister Pro...Published: 01 Apr 2021 at 18:52hrs | 708 | by Staff reporter
Paltry taxes cripple recovery
SHOCKING evidence of tax leakages hogged the limelight this week, with Finance and Economic Development minister Mthuli Ncube saying the informal sector, which makes up 70% of Zimbabwe's gross domesti...Published: 01 Apr 2021 at 07:24hrs | 754 | by Eddie Cross
Paltry taxes cripple recovery
SHOCKING evidence of tax leakages hogged the limelight this week, with Finance and Economic Development minister Mthuli Ncube saying the informal sector, which makes up 70% of Zimbabwe's gross domesti...Published: 01 Apr 2021 at 07:24hrs | 527 | by Eddie Cross
Private sector-led growth
Two years ago, the new Minister of Finance in Zimbabwe, Mthuli Ncube brought together a small group of local business persons in an informal advisory group.I was privileged to be included. our...Published: 01 Apr 2021 at 07:23hrs | 729 | by Eddie Cross
Zimra continues to curb transit fraud
The Zimbabwe Revenue Authority (ZIMRA), continues to enforce controls to avoid importation of restricted or prohibited goods through the Electronic Cargo Tracking system (ECTS). In 2020, ...Published: 31 Mar 2021 at 16:00hrs | 1387 | by Agencies
Mthuli Ncube, Zimra sued over rice tax
FINANCE minister Mthuli Ncube and the Zimbabwe Revenue Authority (Zimra) have been taken to court for double taxation on rice imports.The matter was filed yesterday at the High Court under cas...Published: 30 Mar 2021 at 06:55hrs | 1233 | by Staff reporter
Mnangagwa directs party to support NDS1
Zanu-PF First Secretary, President Mnangagwa, has directed party structures to work with Government ministries and agencies for the success of National Development Strategy 1 and attainment of Vision ...Published: 29 Mar 2021 at 06:13hrs | 290 | by Ranga Mataire
Mthuli Ncube refuses to increase cash withdrawal limits
FINANCE minister Mthuli Ncube says there is no need to increase the weekly $2 000 bank withdrawal limit for individuals as a move to combat the black market. This comes as the Treasury chief a...Published: 28 Mar 2021 at 16:25hrs | 1928 | by Staff reporter
Tremors shake Old Mutual SA after ZSE clampdown
JOHANNESBURG Securities Exchange (JSE) listed financial services powerhouse Old Mutual Limited (OML) says crucial negotiations were underway to strike a deal with Harare following the suspension of it...Published: 28 Mar 2021 at 06:58hrs | 1078 | by Staff reporter
Massive bloc thrusts Zimra under spotlight
GOVERNMENT says the Zimbabwe Revenue Authority (Zimra) must be prepared to play a crucial role in facilitating the shipment of bigger cargo volumes as regional trade grows under the African Continenta...Published: 28 Mar 2021 at 06:56hrs | 766 | by Staff reporter
MPs, teachers fraudulently access Covid-19 funds
THE Government has launched an investigation into the alleged abuse of funds that were availed as safety nets for Covid-19 affected groups after it emerged that Government officials, Members of Parlia...Published: 28 Mar 2021 at 06:43hrs | 294 | by Staff reporter
Matemadanda fired for 'verbal diarrhoea decimating MDC A' - demand now is for credible opposition
"Zanu PF has relieved Victor Matemadanda from the political commissar post over incompetence and his verbal diarrhoea remarks on the decimation of the opposition MDC Alliance," reported Bulawayo24....Published: 27 Mar 2021 at 06:43hrs | 1536 | by Patrick Guramatunhu
Border corruption distresses minister
FINANCE minister Mthuli Ncube has bemoaned the rampant corruption being experienced at Zimbabwe's ports of entry, which he says is prejudicing the country of billions of dollars.The Treasury c...Published: 26 Mar 2021 at 18:04hrs | 960 | by Staff reporter
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