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Rebirth of the Zimdollar
Zimbabwean central bank authorities have a traceable record of overnight monetary policy changes. Memories of the former Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono era of monetary policy hip-...Published: 18 hrs ago | 851 | by Paddington Masamha
Why Mthuli Ncube's new currency is likely to be doomed
THE announcement by Finance minister Mthuli Ncube of his intention to introduce "a new, fully-fledged currency" in 12 months piqued the interest of the general public in Zimbabwe.It comes soon...Published: 18 hrs ago | 397 | by Martin Tarusenga
Can Zimbabwe manage to de-dollarise?
THE Zimbabwean government has indicated that a local currency will be introduced in the next 12 months in a move widely believed to be a precursor to joining the Common Monetary Area (CMA), also refer...Published: 18 hrs ago | 440 | by Victor Bhoroma
Clerk tampers with court records
A RUSAPE clerk of court appeared at the Mutare Magistrate Court yesterday facing allegations of tampering with courts records.Brit Zambara (35), who is employed by the Judicial Services Commis...Published: 18 Apr 2019 at 07:11hrs | 274 | by Staff reporter
Failure to deal with currency crisis proving costly for dictators
For autocratic leaders seeking lessons from the toppling of Sudanese President Omar al-Bashir, avoiding a currency crisis may be key to survival.It's the same problem that ravaged long-standin...Published: 16 Apr 2019 at 06:54hrs | 470 | by Bloomberg
The case for the compensations of former white farmers
Last week Government announced the commencement of the process of identifying and registering the former white farmers, who lost land during the land reform programme, in an exercise which is being co...Published: 15 Apr 2019 at 11:33hrs | 1455 | by Nobleman Runyanga
Zanu-PF resorts to Abacus bean Counting in the Digital age,
By offering bread crumbs to former commercial farmers, in a potentially ill fated bid to appease the international financial markets over the ZANU-PF sanctioned illegal farm invasions of 2000 to 2005....Published: 14 Apr 2019 at 19:34hrs | 881 | by Thabo Makuyana
Malema angers Mnangagwa regime
PRESIDENT Emmerson Mnangagwa's government has been taken aback by withering criticism by South Africa's radical leftist leader Julius Malema who described the Zanu-PF leader as a "sell-out".Ma...Published: 14 Apr 2019 at 15:46hrs | 33467 | by Staff reporter
Mozambique threatens Zimbabwe over delayed wheat import payments
BEIRA port officials have threatened to stop Zimbabwe wheat cargo from using the terminal after inordinate delays in payment and collection of bonded consignments.Zimbabwe, through the Grain M...Published: 14 Apr 2019 at 15:45hrs | 602 | by Staff reporter
MDC against IMF's support for Zimbabwe
The proposed IMF Staff Monitored Program is an entry point for full support of the regime and it ignores the factors arresting the Zimbabwean economy. Zimbabwe has had a stolen election; ...Published: 13 Apr 2019 at 15:56hrs | 1507 | by Jacob Mafume
Does Zimbabwe have the information Security and Cyber Security Experts to protect itself?
With constant headlines of electronic fraud, mobile money fraud, RTGS fraud and other means of payments that are constantly reported in the media on a daily basis. There is now a need to build a datab...Published: 13 Apr 2019 at 13:39hrs | 566 | by Dr Robert Shonhiwa
Currency chaos toppled Sudan's al-Bashir
FOR autocratic leaders seeking lessons from the toppling of Sudanese President Omar al-Bashir, avoiding a currency crisis may be the key to survival.It's the same problem that did for long-sta...Published: 13 Apr 2019 at 13:19hrs | 1372 | by Bloomberg
'Sellout' Mnangagwa defends white farmers' compensation
PRESIDENT Emmerson Mnangagwa yesterday defended his government's move to compensate white former commercial farmers for improvements on farmland seized during the 2000 fast-track land reform programme...Published: 12 Apr 2019 at 13:57hrs | 2306 | by Staff reporter
Mnangagwa's anti-corruption campaign insincere
THE failure by President Emmerson Mnangagwa's government to tackle high-level corruption-which has contributed immensely to economic decay-has raised serious questions about his sincerity to fight the...Published: 12 Apr 2019 at 13:49hrs | 978 | by Staff reporter
Chamisa supports Mnangagwa
MDC leader Nelson Chamisa has concurred with President Emmerson Mnangagwa that white commercial farmers who lost their land at the turn of the century must be compensated for their losses. Pre...Published: 12 Apr 2019 at 09:06hrs | 8471 | by Mandla Ndlovu
Canaan Banana's widow seriously ill
Former first lady Janet Banana is seriously ill and is seeking medical treatment.The 83-year-old wife of Zimbabwe's first post-independence president Canaan Sodindo Banana is being taken care ...Published: 12 Apr 2019 at 08:23hrs | 1966 | by Staff reporter
Death threats against top Zimbabwean journalist feature in Ace Magashule book 'Gangster State'
The Weekly's most significant media battle occurred much earlier, however. In 2011, Zimbabwean-born journalist- turned-media entrepreneur Basildon Peta launched the now-defunct Free State Times....Published: 12 Apr 2019 at 08:03hrs | 2037 | by Staff reporter
Zinara plugs financial leakages
Government has clipped the wings of the Zimbabwe National Road Administration (Zinara) and ordered it to stick to its core mandate of fixing road user fees and disbursing funds for road maintenance....Published: 12 Apr 2019 at 06:52hrs | 698 | by Staff reporter
Mnangagwa's stance on Gukurahundi, farmers encouraging
WE ARE happy that President Emmerson Mnangagwa's government has agreed in principle to put to closure two of the country's most contentious issues; compensation to white former commercial farmers and,...Published: 11 Apr 2019 at 16:17hrs | 762 | by Editorial - Daily News
Zimbabwe white farmers set new compensation demands
GOVERNMENT has been driven into a tight corner over compensation of white former commercial farmers who lost land during the country's fast-track land reform programme after the former farmers tabled ...Published: 11 Apr 2019 at 07:20hrs | 1539 | by Staff reporter
Malema slams 'sell-out' Mnangagwa over pay-outs to white farmers
Zimbabwean President Emmerson Mnangagwa is a "sell-out" and worse than his predecessor Robert Mugabe, South African opposition leader Julius Malema said on Wednesday.The Economic Freedom Fight...Published: 10 Apr 2019 at 15:06hrs | 1929 | by ZimLive
New online trends
VR and AR have been on the headlines for a while. Voice shopping is expected to be one of the biggest trends in 2019. Everything that looked trendy in 2018 will either continue to trend in 2019 or exi...Published: 09 Apr 2019 at 14:21hrs | 529 | by Staff Writer
Elliot Moyo's death, Twitter reacts
Most social media users don't believe the reports, saying there could be yet another resurrection miracle on the way.Several Zimbabwean news publications reported on Monday that Brighton Ellio...Published: 09 Apr 2019 at 09:42hrs | 44361 | by Staff reporter
Patrice Motsepe's sister detained in Zimbabwe
Pelonomi Venson-Moitoi's chief financier Bridget Motsepe, Tati East Member of Parliament Samson Guma Moyo and Prevailing Securities MD Shaduff Baitse were Saturday detained briefly and interrogated by...Published: 09 Apr 2019 at 08:27hrs | 3259 | by Staff reporter
Forex duty on vehicles to stay, says Mthuli
VEHICLE importers will continue to pay duty in foreign currency despite the introduction of the interbank foreign currency market, as Government seeks to promote policy consistency. This was s...Published: 09 Apr 2019 at 07:21hrs | 1340 | by Staff reporter
Government starts registering white former farmers for compensation
GOVERNMENT has started identifying and registering former farm owners who lost land during the country's agrarian reform to pave way for compensation after RTGS$53 million was set aside for the exerci...Published: 08 Apr 2019 at 06:41hrs | 417 | by Staff reporter
Border delays rile transporters
Transporters and customs clearing agents have expressed concern over the delays in the movement of cargo at Beitbridge Border Post, which is SADC's busiest inland port. They said they had been...Published: 08 Apr 2019 at 06:32hrs | 299 | by Staff reporter
Compensation of white farmers by Zimbabwe - Statement
Press Statement on the Implementation of Compensation of Former Farm Owners by the Government of the Republic of Zimbabwe 1. As stated in the Transitional Stabilisation Programme (TSP) (Octobe...Published: 07 Apr 2019 at 14:34hrs | 4208 | by Staff reporter
Masiyiwa-Chamisa's contract will not be renewed
Six specially selected security crack teams are currently probing the misdemeanours by senior Zimbabwe National Roads Administrator (Zinara) executives, as authorities step-up the ante to cleanse the ...Published: 07 Apr 2019 at 08:37hrs | 2028 | by Staff reporter
Air Zimbabwe's Embraer delivery imminent, two B777s on way
AIR ZIMBABWE is on the brink of replenishing its fleet amid indications that the national airliner would take delivery of an Embraer ERJ 145 tentatively in the next two weeks.It has also emerg...Published: 07 Apr 2019 at 08:27hrs | 758 | by Staff reporter
Understanding the ZAMCO business model
There has been a lot of talk about the Zimbabwe Asset Management Company (Zamco) lately, particularly after the appearance of the Reserve Bank of Zimbabwe governor, John Mangudya, before the Parliamen...Published: 04 Apr 2019 at 07:02hrs | 505 | by Vince Musewe
Chivayo case in new twist
Former Zimbabwe Power Company chairperson Stanley Nyasha Kazhanje yesterday denied allegations that he received a $10 000 bribe so that he does not cancel a 100 megawatt Gwanda solar panel station pro...Published: 04 Apr 2019 at 06:53hrs | 1462 | by Staff reporter
A yawn, a cough and the shaking of heads
It would be a noble idea for NSSA pensioners to form or have a representative body or committee to 'ring fence' their interests and push for a living pension payout. As of now these elders 'have no vo...Published: 03 Apr 2019 at 15:05hrs | 116 | by Gabarinocheka
Biti threatens to recommend Zinara management dismissal
FORMER Finance Minister Tendai Biti Tuesday, threatened to recommend the dismissal of the entire Zimbabwe National Roads Administration (Zinara) management over unclear tendering procedures and paymen...Published: 03 Apr 2019 at 08:34hrs | 1579 | by newzimbabwe
Concern over cargo clearing delays at Beitbridge border
TRANSPORTERS and customs clearing agents at Beitbridge Border Post have raised concern over delays in the movement of cargo following adoption of a new customs clearance procedure. Concerned c...Published: 03 Apr 2019 at 08:23hrs | 594 | by Staff reporter
Zinara man quits after Parly probe
The man at the centre of corruption allegations unearthed by an audit on the Zimbabwe National Roads Administration, Mr Precious Murove, has quit the organisation in the middle of an inquiry by Parlia...Published: 03 Apr 2019 at 08:21hrs | 697 | by Staff reporter
Dzikamai Mavhaire faces arrest
Former Energy and Power Development Minister Dzikamai Mavhaire, who had been summoned by the State to testify against former Zimbabwe Power Company (ZPC) chairperson in a bribery case, was yesterday i...Published: 03 Apr 2019 at 08:18hrs | 554 | by Staff reporter
Zimra cracks down on tax avoidance
Zimbabwe's tax agency is cracking down on tax avoidance in both the public and private sector via underhand deals to try and recoup millions in lost State income, the head of the Zimbabwe Revenue Auth...Published: 02 Apr 2019 at 13:31hrs | 1100 | by Staff reporter
Understanding Life Settlements and Selling Your Life Insurance
A permanent life insurance policy is a long-term financial decision. There is a lot to consider before committing to sell your life insurance policy, so make sure you understand the whole process befo...Published: 02 Apr 2019 at 08:58hrs | 584 | by Staff Writer
Sars on go-slow, border traffic affected
COMMERCIAL traffic arrivals from South Africa through Beitbridge continued trickling into the country as the strike by South African Revenue Services (Sars) workers and their affiliates entered its fi...Published: 02 Apr 2019 at 08:10hrs | 659 | by Staff reporter
CABS secures Spanish banking partner
LOCAL financial institution, Central African Building Society (CABS) has expanded its network of correspondent banking by tying up with a Spanish bank to cater for inward and outward foreign currency ...Published: 02 Apr 2019 at 08:07hrs | 487 | by Staff reporter
Fresh price hikes hit Zimbabweans
CONSUMERS have expressed shock after major supermarkets and small scale retailers once again increased prices of some basic commodities by margins of up to 75 percent. Despite the stability in...Published: 02 Apr 2019 at 08:02hrs | 1393 | by Staff reporter
Zinara pays US$589k to non-existent firm
The Zimbabwe National Roads Administration (Zinara) paid out over half a million United States dollars to a non-existent company between 2012 and 2013 under its "special projects arrangement", investi...Published: 02 Apr 2019 at 07:57hrs | 524 | by Staff reporter
Mwonzora is a friendly but difficult opponent
AS THE eagerly-anticipated MDC congress looms large, alliances, vitriol and realignments are taking centre stage in the country's largest opposition movement.Deputy Chief Writer Tendai Kamhung...Published: 31 Mar 2019 at 16:45hrs | 3599 | by Staff reporter
Mthui Ncube admits to RTGS$ devaluation
FINANCE minister Mthuli Ncube yesterday told the Senate that the official exchange rate will soon match parallel market levels and hopefully destroy completely the black market after the RTGS dollar's...Published: 30 Mar 2019 at 17:42hrs | 520 | by Staff reporter
Bulawayo council to hike rates by up to 42%
COUNCIL is mulling raising service charges for water, refuse collection and leases by up to 42 percent to help balance its books.This flies in the face of the MDC-run municipality's pledge to ...Published: 28 Mar 2019 at 07:51hrs | 2467 | by Staff reporter
Zimbabwe to import 900,000 tonnes of maize
Meanwhile, a Mauritius based firm, Afrigran Trading, has terminated its cereal supply contract with National Foods Limited (Natfoods) after the Reserve Bank of Zimbabwe (RBZ) failed to honour a US$55 ...Published: 28 Mar 2019 at 07:47hrs | 1086 | by Staff reporter
Cyclone Idai: Of donations and the bane of sanctions
Zimbabwe was hit by Cyclone Idai from 14 to 17 March 2019, a crisis that plunged the nation into darkness. When the news reached President Emmerson Mnangagwa who was on a State visit to the United Ara...Published: 27 Mar 2019 at 12:31hrs | 1071 | by Elijah Chihota
What should be done by government to Obviate Zimbabwe from economic collapse?
First and foremost what is it that we don't have? Is it a begging culture that is in us that we can't do without? We have plenty of suitable land for commercial purpose, minerals, recreational resourc...Published: 25 Mar 2019 at 10:05hrs | 461 | by Elvis Dzvene
Mnangagwa's govt probes US$100m botched deal
Government has opened investigations into circumstances surrounding a botched US$100 million deal to supply the country's referral hospitals with modern equipment.Although Government continues...Published: 25 Mar 2019 at 07:19hrs | 2032 | by Staff reporter
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