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Grain imports into Zimbabwe liberalised
GOVERNMENT has liberalised the importation of grain at household level as part of a raft of measures aimed at mitigating the effects of the El Nino-induced drought and guaranteeing national food secur...Published: 13 Mar 2024 at 05:07hrs | 460 | by Staff reporter
Zimbabwe must deal with currency volatility causes, not symptoms
THE United Nations Economic Commission for Africa (Uneca) executive secretary Claver Gatete this week said Zimbabwe should deal with the root causes of currency volatility not symptoms.Gatete ...Published: 07 Mar 2024 at 05:10hrs | 418 | by Staff reporter
Zimbabwe millers warn of rice price hikes
THE Grain Millers Association of Zimbabwe (GMAZ) has approached the Treasury to scrap the 15% value-added tax (VAT) on rice, warning that the levy will hit consumer spending.The developments c...Published: 25 Feb 2024 at 09:26hrs | 282 | by Staff reporter
Why close Sekunjalo Bank account when Steinhoff is still having one?
The decision to shut down the Sekunjalo Group's bank accounts and associated companies is a clear case of discrimination masquerading as concern over "reputational risk."Ongoing legal battles ...Published: 25 Feb 2024 at 08:12hrs | 227 | by Edmond Phiri
Zimbabwe forex policy chokes exporters
LISTED agricultural concern Ariston Holdings says the 25% export retention coupled with the huge disparity between the interbank exchange rate and the fair market rate used by suppliers is making some...Published: 31 Jan 2024 at 06:59hrs | 452 | by Staff reporter
Zimdollar further tumbles against US dollar
The cost of goods and services keeps on increasing in Zimbabwe as the local currency depreciates against the U.S. dollar, a trend that accelerated at the beginning of 2024.The local dollar, which ...Published: 18 Jan 2024 at 17:52hrs | 1021 | by Staff reporter
Zapu blast tribal ZBC presenters
ZAPU spokesperson Richard Gandari has blasted the ZBC presenters who made tribal attacks on the Ndebele King LObengula live on TV claiming he was depicted to sell the country to colonialis...Published: 10 Jan 2024 at 15:24hrs | 1050 | by Stephen Jakes
Zimdollar exchange rate bolts
MARKET watchers have predicted a gloomy 2024 outlook amid a galloping exchange rate, steep taxation and an ever tanking economy, NewsDay reported.As usual, this is heavily impacting on ordinar...Published: 08 Jan 2024 at 05:36hrs | 4993 | by Staff reporter
IOM celebrates International Migration day
THE INTERNATIONAL Organisation for Migration (IOM) is this week celebrating the International Migration Day recognising that this phenomenon has been happening from the day of human creation to date a...Published: 18 Dec 2023 at 20:17hrs | 197 | by Stephen Jakes
Open letter to Minister Barbara Rwodzi
Dear Minister Rwodzi and esteemed CEO of the Zimbabwe Tourism Association,I hope this letter finds you in good health and high spirits. I write to you today with a deep concern regarding the e...Published: 16 Dec 2023 at 05:57hrs | 699 | by Aldrin Ncube
CCC factions lost 3 council seats to Zanu-PF in Bulawayo
The Citizens Coalition for Change (CCC) lost three of the eight council seats it had won in August to Zanu-PF after five of its recalled councillors retained their seats from the eight contested wards...Published: 12 Dec 2023 at 09:24hrs | 677 | by Staff reporter
Mnangagwa caps 2,996 graduands at Nust
PRESIDENT Mnangagwa yesterday capped 2 996 graduands at the National University of Science and Technology (Nust), among them, Information, Publicity and Broadcasting Services Minister Dr Jenfan Muswer...Published: 07 Dec 2023 at 05:27hrs | 196 | by Staff reporter
Mahere slams Tshabangu
Mount Pleasant MP, Fadzayi Mahere, has strongly criticized Sengezo Tshabangu, the self-imposed secretary general of CCC, for referring to the former Mayor of Masvingo, Shantiel Yeukai Chiwara, as "a l...Published: 03 Dec 2023 at 19:04hrs | 1637 | by Staff reporter
UK based World Economics says Zimbabwe's economic data unusable
UNITED KINGDOM-BASED economic researcher, World Economics, has rated the country's official gross domestic product (GDP) and population data as "unusable", a week after State media applauded the UK-ba...Published: 29 Nov 2023 at 12:32hrs | 675 | by Staff reporter
Tshabangu inflicts major blow on CCC
THE CCC has suffered a major blow, losing 14 National Assembly and nine Senate seats, after the High Court dismissed an application by opposition legislators challenging their recalls by Sengezo...Published: 06 Nov 2023 at 21:22hrs | 3401 | by Staff reporter
Zanu-PF expels members
A total of 18 former Zanu-PF members forfeited their membership in the party due to their decision to run as independent candidates in the National Assembly and local authority elections during the re...Published: 30 Oct 2023 at 05:16hrs | 1549 | by Staff reporter
Econet doubles its tariffs
ECONET Wireless Zimbabwe, the country's largest mobile network operator has with effect from today (Tuesday) doubled its data bundles.50-gigabyte wi-fi now costs whopping ZW$1 012 212, up from...Published: 24 Oct 2023 at 13:35hrs | 818 | by Staff reporter
Chamisa's CCC wins plaudits for picking female mayors
The opposition Citizens Coalition for Change (CCC) has garnered praise for its efforts to place women in influential positions following last month's elections. This initiative has led to the election...Published: 24 Sep 2023 at 09:05hrs | 241 | by Staff reporter
UN's Antonio Guterres congratulates Mnangagwa on his election victory
The United Nations Secretary General Antonio Guterres has congratulated President Emmerson Mnangagwa on his election victory.....Published: 09 Sep 2023 at 20:58hrs | 1079 | by Staff reporter
South African media has failed to bring regime change in Zimbabwe
Over the past 22 years since sanctions were imposed on Zimbabwe, western governments have invested billions of dollars into South African white owned media, with the aim of discrediting Zanu-PF. ...Published: 29 Aug 2023 at 12:34hrs | 1331 | by Rutendo Matinyarare
Zimbabwe Defence Forces 'a vital cog in growth drive'
The Zimbabwe Defence Forces are a vital cog in the ongoing national socio-economic modernisation and development of the country and Government will continue to capacitate its service personnel through...Published: 16 Aug 2023 at 06:38hrs | 24 | by Staff reporter
Harmful practices rob girls of their rights
Zimbabwe has ratified various international conventions and declarations on gender equality in its effort to create an enabling environment for the attainment of equity and equality between women and ...Published: 30 Jul 2023 at 08:58hrs | 19 | by Staff reporter
Caps United return to winning ways
Caps United 2 - 0 Green FuelTEN men Caps United ended their five match winless run with a convincing two nil win over Green Fuel in a Castle Lager Premier Soccer League match played here yesterday...Published: 15 Jul 2023 at 19:30hrs | 16 | by Staff reporter
74 estate agents blacklisted over dodgy deals
The Estate Agents Council of Zimbabwe (EACZ) has blacklisted 74 real estate companies operating in parts of the country for failure to register with the council and crimes such as fleecing unsuspectin...Published: 06 Jul 2023 at 19:51hrs | 94 | by Staff reporter
Is Zimbabwe ready for elections?
THE Zimbabwe Election Support Network (Zesn) recently hosted a Twitter Space discussion on the topic: Is Zimbabwe ready for the harmonised August 23 elections?The main objective of the discuss...Published: 06 Jul 2023 at 08:21hrs | 4 | by Zesn
Forex rate premium falls
THE parallel market exchange rate premium has fallen below 50 percent, as policy interventions by the Government continue to drive appreciation of the Zimbabwe dollar, but pockets of resistance remain...Published: 02 Jul 2023 at 07:37hrs | 13 | 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 | 6 | by Staff reporter
Econet increases tariffs again
ECONET Wireless Zimbabwe, the country's largest mobile network operator has with effect from today (Tuesday) hiked data bundles by up to 300 percent."We are reviewing our ZWL data and SMEs bun...Published: 20 Jun 2023 at 08:57hrs | 8 | by Staff reporter
Zimbabwe consumer demand remains firm despite currency depreciation
DEMAND within Zimbabwe's consumer sector will remain firm, supported by the informal sector, which makes up the bulk of the economy and shows resilience to macro-economic changes, a research firm has ...Published: 19 Jun 2023 at 06:43hrs | 8 | by Staff reporter
Zimbabwe consumers in a fix
As Zimbabweans continue to battle with a failing economy, increases in prices of basic commodities has pushed many into abject poverty.A recent survey conducted by Standardbusiness indic...Published: 18 Jun 2023 at 08:40hrs | 1 | by Staff reporter
Joice Mujuru's farm property saved from sale by the sheriff of the High Court
Former state Vice President Joice Mujuru's farm property has been saved from sale by the sheriff of the High Court.The sale of various farming implements was supposed to take place on Friday J...Published: 17 Jun 2023 at 19:43hrs | 15 | by Staff reporter
Econet pays $89bn in statutory obligations
ECONET Wireless Zimbabwe contributed $89 billion to the Government coffers through various statutory payments in the financial year ended 28 February 2023.The amount is a significant jump of 2...Published: 06 Jun 2023 at 06:21hrs | 2 | by Staff reporter
Low tariffs chew into Econet earnings
ECONET Wireless Zimbabwe (EWZ) has posted a near $17 billion loss for the year ended February 28, 2023, owing to a 317,14% increase in exchange losses during the period as the local currency tumbled....Published: 01 Jun 2023 at 06:45hrs | 1 | by Staff reporter
Can Afrikaners save South Africa?
I AM not a South African, so I venture into their space with trepidation because I know how sensitive these things are. But I am an African and a keen observer of events that affect all of us who live...Published: 24 May 2023 at 06:03hrs | 9 | by Eddie Cross
Gwayi-Shangani Dam 70% complete
THE construction of Gwayi-Shangani Dam, which will supply water to several centres in Matabeleland including Bulawayo, is now 70,2% complete, the Zimbabwe Independent heard this week.The total...Published: 28 Apr 2023 at 07:05hrs | 4 | by Staff reporter
'Zimbabwe central bank selling gold coins at a loss'
THE Reserve Bank of Zimbabwe (RBZ) is making a huge loss by selling gold coins in local currency using the official rate as the Zimbabwean dollar continues on a free fall, a local think tank has said....Published: 27 Apr 2023 at 06:32hrs | 8 | by Staff reporter
Zimbabwe mobile operators sweat over power cuts
Regular power outages have resulted in falling use of mobile phones as operators hike tariffs to offset rising operating costs, the Postal and Regulatory Authority of Zimbabwe (Potraz) has said....Published: 10 Apr 2023 at 07:28hrs | 3 | by Staff reporter
'Inflation is not on paper, you feel it'
Reserve Bank of Zimbabwe governor John Mangudya says inflation is "felt" by consumers and not on paper, as official statistics are being challenged by independent experts.For years, the Zimbab...Published: 10 Apr 2023 at 07:28hrs | 5 | by Staff reporter
US$226 000 debt chokes Joice Mujuru
FORMER Vice-President Joice Mujuru and her company, Ruzirun Investments, are swimming in a US$226 000 debt incurred in 2015 and efforts to evade paying the debt have hit a brickwall at the Supreme Cou...Published: 28 Mar 2023 at 06:48hrs | | by Staff reporter
Demand for Zimdollar still high
ZIMBABWE'S central bank says demand for the local currency remains high despite increased use of foreign currency across economic sectors.The country legalised the dual monetary system to tame...Published: 17 Mar 2023 at 18:59hrs | 1 | by Staff reporter
Zanu-PF abusing power of incumbency
THE election season has officially begun. President Emmerson Mnangagwa has in the week deliberately given his party, Zanu-PF, inside information on the August elections instead of gazetting such infor...Published: 11 Mar 2023 at 06:37hrs | | by Paidamoyo Muzulu
Farmers defend raw sugar price increase
Small-scale sugarcane farmers, who supply 45 percent of raw sugar in Zimbabwe, have defended the new price of the commodity after Gold Star suspended production at its refinery in Harare this week cit...Published: 17 Feb 2023 at 04:54hrs | 1 | by Staff reporter
'Zimbabwe's female politicians having it rough'
SMALL and Medium Enterprises minister Sithembiso Nyoni says female politicians are struggling to get into top positions compared to their male counterparts, which is why female legislators occupy less...Published: 07 Feb 2023 at 05:01hrs | 5 | by Staff reporter
Zimbabwe loses second ODI by 46 runs
Gary Balance's 50 was in vain as Zimbabwe lost the second One Day International by 46 runs at Harare Sports Club leaving the series poised at one all with the decider set for Monday.The Chevro...Published: 21 Jan 2023 at 17:52hrs | 28 | by Staff Reporter
Tough foreign exchange regime suffocating economy
Zimbabwe's broad money supply has grown from just under ZW$364,60 billion as of September 2021 to more than ZW$1,920 trillion as of September 2022. This represents growth of over 426% over a period of...Published: 16 Dec 2022 at 00:02hrs | 11 | by Victor Bhoroma
‘Startups with diverse founders up-skilled on how to attract investors’
A Venture capital workshop was organized by the US Embassy in partnership with Eight2Five Innovation Hub. The hub has consistently moved towards supportin...Published: 09 Dec 2022 at 16:08hrs | 18 | by Simbarashe Sithole
Old Mutual-backed tech hub trains start-ups on venture capital
Old Mutual Zimbabwe's corporate incubator and accelerator in Harare, Eight2Five Innovation Hub has collaborated with the US Embassy to bring a US Venture Capital expert, Dawn Batts to upskill local en...Published: 30 Nov 2022 at 17:44hrs | 4 | by Simbarashe Sithole
Mthuli Ncube splurges cash on teachers, farmers
FINANCE minister Mthuli Ncube on Thursday allocated the highest vote of ZW$631.3 billion to the education ministry in an attempt to appease restive teachers ahead of next year's general elections....Published: 29 Nov 2022 at 18:00hrs | 10 | by Staff reporter
PSMI faces collapse
EMBATTLED Premier Services Medical Investments (PSMI) shut down 120 of its 155 facilities last month as the entity battled to settle a four-month salary arrears bill in a turbulent period that culmina...Published: 04 Nov 2022 at 05:38hrs | 9 | by Staff reporter
BCC unveils US$158m budget
BULAWAYO City Council (BCC) yesterday unveiled its US$157,99 million revenue budget and is proposing to set aside US$106 million to fund key infrastructural development projects that include construct...Published: 01 Nov 2022 at 05:07hrs | 1 | by Staff reporter
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