Search / Nba
Did the emergence of a strong opposition extinguish the revolutionary spirit in Zimbabweans?
To me, those where the good old days - when Zimbabweans were a people of valor, who did not brook any nonsense from their government and never wasted any time in courageously standing up for themselve...Published: 02 Feb 2023 at 19:27hrs | 251 | by Tendai Ruben Mbofana
Zimdollar further depreciates US$
THE Zimbabwe dollar has continued its freefall against the greenback, with results from the Reserve Bank of Zimbabwe (RBZ)'s foreign currency auction on Tuesday showing that it is trading at $732 to t...Published: 19 Jan 2023 at 07:31hrs | 1286 | by Staff reporter
Africa and Technology in Sports
Technology is now being incorporated into sporting events evidenced by the introduction of technological innovations like Video Assistant Referees in soccer.Although some of these innovations ...Published: 16 Jan 2023 at 16:26hrs | 810 | by Mzingaye Nxumalo
NFTs in Africa: Potential Benefits and Risks for the Art Market and Beyond
Non-fungible tokens (NFTs) have gained significant attention in recent years as a new way of buying and selling digital and physical assets. From art to collectibles to real estate, NFTs have the pote...Published: 30 Dec 2022 at 07:47hrs | 116 | by Taedzwa Chikono
Econet Wireless stung by more FOREX losses
Econet, Zimbabwe's largest telecommunications company, has reported heavy foreign exchange losses throughout the year.In its latest half-year report for the period ended August 31, 2022, Econe...Published: 19 Dec 2022 at 21:12hrs | 1259 | by Mzingaye Nxumalo
Zimbabwe MPs scale up dollarisation campaign
PARLIAMENTARIANS have made a fresh call for the scrapping of the weakening local currency in favour of dollarisation.Speaking in Parliament on Wednesday, Pelandaba–Mpopoma legislator Charles...Published: 17 Dec 2022 at 12:12hrs | 207 | by Staff reporter
Mthuli Ncube rules out income tax relief
FINANCE minister Mthuli Ncube (pictured) says raising the income tax threshold again after the previous one in August would have been too soon because widening this tax relief further is dependent on ...Published: 02 Dec 2022 at 04:58hrs | 477 | by Staff reporter
Zimbabwe coal reserves sold for a song
LOKALIZE Investments, a company reportedly linked to businessman Billy Rautenbach, was allocated coal reserves by the government in the western areas of resource-rich Hwange through a transaction tant...Published: 18 Nov 2022 at 05:42hrs | 1741 | by Staff reporter
Africa on the Radar for NFL's International Hopes
The NFL is one of the biggest sports leagues in the world - and one of the most lucrative. In 2021, around 17 million Americans watched the league regularly, while around 110 million viewers tune in l...Published: 17 Nov 2022 at 12:03hrs | 289 | by Staff Writer
Drug lord blocked from starting new life in Zimbabwe
Plans by an Irish drug lord, Christy Kinahan Snr, to start a new life Zimbabwe were blocked recently when he was reportedly denied residency after buying properties, with authorities arguing he was no...Published: 15 Nov 2022 at 04:47hrs | 813 | by Staff reporter
Zimdollar facing headwinds
For weeks, we have been told that the forex rates from both the official and parallel markets were stabilising and that this would mean inflation would soon follow.But, if the movement of the ...Published: 14 Nov 2022 at 05:14hrs | 1131 | by Staff reporter
Govt defends Rautenbach's ethanol project
GOVERMENT has said it would defend business tycoon Billy Rauntenbach's ethanol project in Chisumbanje where Chipinge villagers have been objecting to the operations following a land dispute.Ra...Published: 09 Nov 2022 at 05:12hrs | 356 | by Staff reporter
Billy Rautenbach's Green Fuel 'settles' land disputes with villagers
Business tycoon Billy Rautenbach's Green Fuel Private Limited claims to have settled its drawn-out land disputes with villagers in Chipinge South through parcelling out one-acre fields of irrigated la...Published: 08 Nov 2022 at 05:27hrs | 1353 | by Staff reporter
Zupco fare hike a harbinger of what lies ahead
THESE are, indeed, interesting times.The State-controlled Zimbabwe United Passenger Company (Zupco) last week hiked its fares as well as the exchange rate for all its routes. This increase com...Published: 08 Nov 2022 at 05:07hrs | 264 | by Staff reporter
New Zupco fares trigger outcry
THE Zimbabwe United Passengers Company (Zupco) has triggered an outcry after raising intra-city charges to $800, which it also says would be equal to one United States dollar.While the officia...Published: 07 Nov 2022 at 05:31hrs | 1570 | by Staff reporter
RBZ in dramatic U-turn on Fidelity privatisation
IN a dramatic policy U-turn, the Reserve Bank of Zimbabwe (RBZ) has indefinitely suspended its plans to partially privatise Fidelity Printers and Refiners (FPR) nearly two years after announcing inten...Published: 04 Nov 2022 at 05:32hrs | 891 | by Staff reporter
Kickbacks for licenses destroy Zimbabwe's transport sector
A new ground-breaking report has uncovered how bribery involving public officials has become a "ubiquitous phenomenon" in the transport sector.The report titled: Infamous by Design: Illicit Fi...Published: 30 Oct 2022 at 07:29hrs | 745 | by Staff reporter
Tobacco sales rake in US$650,3 million
ZIMBABWE has realised US$650,3 million from tobacco sales this year, up 10,3% compared to last year, statistics from the Tobacco Industry and Marketing Board (TIMB) show.Last year, the souther...Published: 27 Oct 2022 at 06:13hrs | 59 | by Staff reporter
Zesa to bill in local, US dollars
WITH official and black market foreign currency exchange rates moving towards convergence, the Government is considering allowing customers to settle their electricity bills using either local currenc...Published: 23 Oct 2022 at 09:07hrs | 89 | by Staff reporter
RBZ projects 50% annual inflation rate by year end
A total of 10 400 gold coins have been sold to date, with companies dominating the buyers list in a development which has gone a long way in mopping up excess liquidity, Reserve Bank of Zimbabwe (RBZ)...Published: 22 Oct 2022 at 05:43hrs | 524 | by Staff reporter
US, NATO masters of double standards
Speech by Vassily Nebenzia, Russian Permanent Representative at the UNAt the meeting on 10 October, Russia already provided a clarification of reasons t...Published: 14 Oct 2022 at 05:44hrs | 502 | by Staff reporter
Chamisa, Mnangagwa parties smoke peace pipe
ZIMBABWE'S three political parties in Parliament, Zanu-PF, the Citizens Coalition for Change (CCC) and MDC Alliance (MDC-A) have called for a truce ahead of the 2023 general elections.In a rar...Published: 11 Oct 2022 at 06:09hrs | 4040 | by Staff reporter
More than half of Zimbabwean workers earn US$51
Sixty-two percent of employed people in Zimbabwe were earning approximately Z$20 000 in April 2022, the latest figures released on Monday by Zimbabwe National Statistics Agency (Zimstat) show....Published: 05 Oct 2022 at 06:42hrs | 1280 | by Staff reporter
RBZ allows companies to buy up to US$100 000 weekly
THE Reserve Bank of Zimbabwe has moved to allow companies to purchase up to US$100 000 per week from local banks for purposes of undertaking bona fide payments and moved to maintain the current intere...Published: 01 Oct 2022 at 06:15hrs | 446 | by Staff reporter
Mnangagwa finally proves 'sanctions imposed on Zimbabwe' a big fat lie!
I have always asserted to my friends that, as much as state media is an insufferable drag to read or watch - due to the pathetic and disgraceful substandard work - but, most of the Zimbabwe regime's l...Published: 26 Sep 2022 at 09:31hrs | 4290 | by Tendai Ruben Mbofana
Zimdollar to return soon
Zimbabwe's ruling party wants the country to revert to using the local currency as its sole means of exchange."I am very confident it's a matter of time" before that happens, Christopher Mutsv...Published: 22 Sep 2022 at 18:34hrs | 10437 | by Staff reporter
Zimdollar shortage bites
THE government will today give an update on contracts it suspended last month pending a pricing review as pressure mounts for it to honour its obligations.Last month, as part of measures to sa...Published: 21 Sep 2022 at 06:02hrs | 2861 | by Staff reporter
Dump this 99-year lease nonsense
ZIMBABWE'S land issue has cracked our heads for too long to a point that we are now unable to utilise the God-given natural resource for our own good.As we write, millions of Zimbabweans face ...Published: 21 Sep 2022 at 06:01hrs | 588 | by Staff reporter
Zanu-PF stretching the truth on prices
YOU know we are in the election season when the Zanu-PF government starts lauding itself over non-existent economic improvements.The latest self-praise comes from the Treasury, the Reserve Ban...Published: 19 Sep 2022 at 06:01hrs | 501 | by Staff reporter
Zimbabwe gold coins to be afforded by all
THE Government is planning to introduce smaller gold coins denominations amid revelations that at least Z$8 billion worth of the coins have been bought by locals since they were launched by the Reserv...Published: 18 Sep 2022 at 16:53hrs | 557 | by Staff reporter
American economist wants Zimbabwe to disband its central bank
AMERICAN economist Steve Hanke says the Reserve Bank of Zimbabwe (RBZ) needs to immediately be completely removed from all monetary matters, blaming the bank for all the inflationary problems facing t...Published: 07 Sep 2022 at 06:44hrs | 3443 | by Staff reporter
Zimbabwe has 2nd highest rising food prices, claims WB
THE World Bank says Zimbabwe has the second highest food prices in the world after it recorded a real food inflation annual rate of 52.In an update dated August 11, 2022, released on Sat...Published: 05 Sep 2022 at 06:40hrs | 791 | by Staff reporter
Mnangagwa wants to win, whatever the cost
President Emmerson Mnangagwa has set his eyes on re-election next year, 2023, and will not allow anything to stand in his quest, even if it means he has to disregard good principles of public finance ...Published: 30 Aug 2022 at 06:37hrs | 5069 | by African Thinker
Zimdollar depreciates by 5, 8% on the RBZ Foreign Exchange Auction
THE Zimdollar value has depreciated by 5, 8% against the greenback on the Reserve Bank of Zimbabwe (RBZ) Foreign Exchange Auction.Market watchers believe the development is a positive step whi...Published: 23 Aug 2022 at 19:49hrs | 715 | by Staff reporter
Gold coins boost Zimdollar
Black market traders have been left reeling as measures taken by authorities, including new gold coins, to support the embattled local currency dry up excess liquidity and erode arbitrage opportunitie...Published: 18 Aug 2022 at 20:48hrs | 445 | by Staff reporter
Zimdollar depreciation on parallel and RBZ markets eases
THE depreciation of the Zimbabwean dollar has begun to ease on both the parallel and official market following months of a sustained downward spiral which saw the local currency losing more than half ...Published: 18 Aug 2022 at 06:48hrs | 3154 | by Staff reporter
Interest rate hike haunts black market kingpins
Interventions by the Reserve Bank of Zimbabwe (RBZ) to stem prolonged currency battering have sent black market rates tumbling by over 50 percentage points within a month, Inter Horizon Securities (IH...Published: 16 Aug 2022 at 06:40hrs | 1213 | by Staff reporter
Zimbabwe central bank declares victory
THE Reserve Bank of Zimbabwe (RBZ) says as of last Wednesday, 4 475 gold coins valued at $3,7 billion had been bought with 90% being local currency purchases, a move it says has cooled the galloping p...Published: 15 Aug 2022 at 06:40hrs | 914 | by Staff reporter
Gold coins' sales hit ZW$3,7 billion, 90% sales in local currency
THE Reserve Bank of Zimbabwe (RBZ) has reported that gold coins' sales have to date reached ZW$3,7 billion with 90% sales being made in the local currency.Presenting the Mid-Term Monetary Poli...Published: 12 Aug 2022 at 20:30hrs | 452 | by Staff reporter
Chamisa slams gold coins introduction in Zimbabwe
CITIZENS Coalition for Change leader, Nelson Chamisa, has slammed the introduction of gold coins, saying they are a conduit for corruption, and called for the country to return to exclusive use of the...Published: 03 Aug 2022 at 18:53hrs | 5363 | by Staff reporter
If civil servants not serious about their own sad plight then why should the rest of us care anymore?
There is a popular saying, "God helps those who help themselves"!I am not quite sure just how scripturally accurate that is - but, it is clearly packed with some wholesome truths!Even ...Published: 30 Jul 2022 at 18:00hrs | 371 | by Tendai Ruben Mbofana
Zimbabwe gold coin out today
The Reserve Bank of Zimbabwe (RBZ) will release the Mosi-oa-Tunya gold coins onto the market today and they will be sold in local currency, US$ and other foreign currencies.Their price is base...Published: 25 Jul 2022 at 06:27hrs | 996 | by Staff reporter
Democratisation of mine workers representation platform critical to build an inclusive NEC
HARARE: Zimbabwe has a monopolistic mine workers' representation system which constitutes National Chamber of Mines and AMWUZ - Associated Mine Workers Union of Zimbabwe.This uneven terrain in...Published: 22 Jul 2022 at 21:54hrs | 133 | by Maxwell Teedzai
Zimdollar official exchange rate breaches $400 mark as black market around $800
THE Reserve Bank of Zimbabwe (RBZ) official exchange rate has reached ZW$403,40 against the greenback in a development experts believe to be prompted by market forces.A trading update released...Published: 20 Jul 2022 at 08:23hrs | 4113 | by Staff reporter
Zimbabwe gold coins to be held for at least 180 days
Individuals and institutional buyers of Reserve Bank of Zimbabwe (RBZ's) gold coins will be required to hold them for at least 180 days before selling while exporters earning less than a million US do...Published: 20 Jul 2022 at 06:34hrs | 712 | by Staff reporter
US$ salary demands grow louder in Zimbabwe
DEMANDS for United States dollar (US$) salaries have increased across all sectors of the economy as a number of employees struggle to buy basic commodities now being charged in the greenback.M...Published: 18 Jul 2022 at 08:26hrs | 1351 | by Staff reporter
There's no one better placed to educate our children over ED regime abysmal failures than parents!
The opportunity to help our children with their learning, especially in light of the more demanding CALA (continuous assessment learning activity) curriculum - which requires much research and analyti...Published: 16 Jul 2022 at 20:13hrs | 424 | by Tendai Ruben Mbofana
'Mthuli Ncube's economic measures illegal'
LEGAL think tank Veritas has poked holes into recent measures announced by Finance Minister Mthuli Ncube to tame inflation saying they undermined Parliament's legislative role.In its latest Bi...Published: 13 Jul 2022 at 07:20hrs | 598 | by Staff reporter
Is ED honestly proud of his five years in office?
All too often I encounter disturbing media reports of ordinary Zimbabweans being callously arrested and hauled before the courts for ostensibly "undermining the authority of/or insulting the president...Published: 12 Jul 2022 at 11:21hrs | 2501 | by Tendai Ruben Mbofana
Zimbabwe can never be Sri Lanka as long as we have citizens who pretend to be brave yet unbelievably cowardly!
It was most intriguing witnessing the immense excitement by ever-suffering and economically burdened Zimbabweans, as news broke out over unfolding events in the Sri Lankan capital Colombo - after rest...Published: 11 Jul 2022 at 10:41hrs | 1680 | by Tendai Ruben Mbofana
Load More Stories
