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Basics run out of Zimbabwe shelves
PRESIDENT Emmerson Mnangagwa and Finance minister Mthuli Ncube's recent economic pronouncements have reportedly triggered a shortage of most locally-manufactured basic commodities in most retail shops...Published: 4 hrs ago | 2150 | by Staff reporter
Flats to reduce Bulawayo housing backlog
GROWING up in a residential flat as opposed to a stand-alone housing unit has largely been confined to a few western suburbs in Bulawayo.Several rented apartments owned by the local authority ...Published: 4 hrs ago | 184 | by Staff reporter
Tshova Mubaiwa to make comeback
GOVERNMENT is in the process of coming up with regulations to guide the liberalisation of the public transport sector.To improve the public transport system, Government in 2020 directed player...Published: 4 hrs ago | 253 | by Staff reporter
Mayweather Jnr coming to Zimbabwe?
The Second Republic's re-engagement and engagement policy is now bearing fruit, with reports that one of the richest former American boxers Floyd Joy Mayweather Jr is expected to visit the country for...Published: 5 hrs ago | 267 | by Staff reporter
Duty on basics lowered
Government has lowered duty for people with free funds to import basic groceries, as one of the measures to contain price rises of basic commodities triggered by manufacturers and importers that have ...Published: 5 hrs ago | 171 | by Staff reporter
Mnangagwa's govt jittery
GOVERNMENT is in panic mode and fears an uprising hence resorting to using the police, military and other security organs as a section of Zimbabweans push for economic order, with analysts predicting ...Published: 17 hrs ago | 2571 | by Staff reporter
Mnangagwa panicking over Zimdollar
President Emmerson Mnangagwa has been summoning business owners his government believes are manipulating the Zimbabwe dollar to fuel anger over his rule amid growing fears an economic implosion could ...Published: 15 May 2022 at 06:14hrs | 3215 | by Staff reporter
RBZ to name firms taking bank loans to black market
THE Reserve Bank of Zimbabwe (RBZ) has unearthed an elaborate practice by some big corporates in the country, who were borrowing large amounts of money from banks which they would then channel into th...Published: 15 May 2022 at 06:12hrs | 717 | by Staff reporter
'The Reserve Bank is not creating money'
The Sunday Mail Editor Victoria Ruzvidzo (VR) had a no-holds-barred interview with RBZ Governor Dr John Mangudya (JM) on the latest developments in the economy, among them suspension of bank lending, ...Published: 15 May 2022 at 06:12hrs | 271 | by Staff reporter
Zimbabwe govt starts issuing title deeds
Government has started regularising informal urban settlements by issuing title deeds, with residents in Caledonia, Harare, being the first to benefit following the completion of aerial mapping of the...Published: 15 May 2022 at 06:11hrs | 531 | by Staff reporter
Zimbabwe loans suspension review this week
The Reserve Bank of Zimbabwe (RBZ) will this week review the suspension of bank lending that was recently announced, as it moves to investigate contractors on allegations they have been fuelling the p...Published: 15 May 2022 at 06:11hrs | 283 | by Staff reporter
A fool and his money are soon parted!
The cash taps have well and truly been turned on.It seems hardworking Zimbabweans in faraway lands have been doing their bit to support family and friends back home, including bankrolling pote...Published: 15 May 2022 at 06:10hrs | 298 | by Bishop
Zimbabwe's shutdowns not the best protest strategy
WORSENING economic conditions, coupled with growing unemployment as most Zimbabweans struggle to eke out a living in the informal sector are among the major reasons why this week's shutdown flopped....Published: 14 May 2022 at 19:42hrs | 294 | by Staff reporter
Mnangagwa guns for economic hitmen
PRESIDENT Emmerson Mnangagwa's administration has launched a massive clampdown on some big corporates suspected of conniving with local banks to borrow billions of Zimbabwean dollars which they used t...Published: 13 May 2022 at 19:14hrs | 385 | by Staff reporter
Chamisa blames Mnangagwa
PRESIDENT Emmerson Mnangagwa is being haunted by the 2018 legitimacy crisis that has seen the economy imploding and plunging the country into chaos, opposition Citizens' Coalition for Change leader Ne...Published: 13 May 2022 at 19:11hrs | 350 | by Staff reporter
Foreign banks troop to Zimbabwe forex auction
UNITED States-based multinational investment outfit JP Morgan was among global lenders that repatriated a combined US$30 million through the Reserve Bank of Zimbabwe (RBZ)'s forex auction system by th...Published: 13 May 2022 at 19:10hrs | 681 | by Staff reporter
Outcry over insurance service gaps
THE Insurance Council for Zimbabwe (ICZ) was inundated with widespread complaints from the public over lack of transparency by insurers.This was highlighted at the recently held Zimbabwe Inter...Published: 13 May 2022 at 19:10hrs | 77 | by Staff reporter
Zimdollar worries industry
THE Confederation of Zimbabwe Industries (CZI) is having sleepless nights over an overvalued Zimbabwean dollar (Zimdollar), which is now undermining the scope for maximising structural efficiency and ...Published: 13 May 2022 at 19:09hrs | 169 | by Staff reporter
ILO to table findings on Zimbabwe mission
THE International Labour Organisation (ILO) will table a report on Zimbabwe at the International Labour Conference set for later this month in Geneva, Switzerland after its recent visit to the country...Published: 13 May 2022 at 19:08hrs | 47 | by Staff reporter
Govt cracks down on speculators
GOVERNMENT is clamping down on big corporates, which borrowed billions of Zimbabwe dollars and used the money for speculative activities while taking advantage of exchange rate movements to push up pr...Published: 13 May 2022 at 19:02hrs | 108 | by Staff reporter
Bank lending freeze targets big corporates enjoying 'arbitrage profits'
HARARE - The Zimbabwe government is clamping down on big corporates which borrowed billions in Zimbabwean dollars and allegedly used the money for speculative activities.Authorities say the co...Published: 13 May 2022 at 14:50hrs | 992 | by Staff Reporter
Parly summons Kazembe over spikes
PARLIAMENT has summoned Home affairs minister Kazembe Kazembe to explain why the police were using metal spikes to deflate "errant drivers" car tyres.Parliament raised the issue after police t...Published: 12 May 2022 at 06:33hrs | 1540 | by Staff reporter
Bonus row at Dynamos
TENSION is reportedly rising in the Dynamos camp amid reports that players are disgruntled over unpaid winning bonuses, in a development that threatens the team's title championship race.Dynam...Published: 12 May 2022 at 06:32hrs | 590 | by Staff reporter
RBZ threatens to 'name, shame' borrowers
THE Reserve Bank of Zimbabwe (RBZ), in a bid to stem the spiralling parallel market rates for the United States (US) dollar, has threatened to name and shame individuals who have borrowed large sums o...Published: 12 May 2022 at 06:30hrs | 515 | by Staff reporter
Car accident victims struggle for compensation
MS Sibangeni Moyo (53) from Bulawayo's Tshabalala suburb says whenever she closes her eyes, the vision of an accident which killed her sister and left her wheelchair-bound comes back.She was i...Published: 12 May 2022 at 06:28hrs | 235 | by Staff reporter
Zimbabwe's idle cannabis licence holders put on notice
The US$27 million medical cannabis farm and processing plant at Mount Hampden set up by Swiss Biocieuticals Limited was commissioned yesterday by President Mnangagwa who urged others with permits for ...Published: 12 May 2022 at 06:28hrs | 107 | by Staff reporter
Professor Ncube says lending ban to prick the bubble
The ban on bank lending announced by President Mnangagwa at the weekend to ward off attacks on the Zimbabwe dollar, stabilise the exchange rate and rein in on rising inflation, is only a temporary mea...Published: 12 May 2022 at 06:27hrs | 375 | by Staff reporter
Mmusi Maimane vows to go and campaign for change in Harare
ONE South Africa Movement leader Mmusi Maimane says he will go to Zimbabwe to support democratic movements that are opposed to the current regime.Maimane has received criticism on social media...Published: 11 May 2022 at 19:10hrs | 1389 | by Staff reporter
Chiwenga announces PSMAS bailout
Struggling medical insurance company Premier Medical Aid Society (PSMAS) will receive a government bailout to clear its debts and improve its balance sheet, vice president Constantino Chiwenga said on...Published: 11 May 2022 at 09:18hrs | 4263 | by Staff reporter
Mnangagwa's 'paranoid' measures roundly condemned
VARIOUS stakeholders and experts roundly condemned economic stabilisation measures introduced by President Emmerson Mnangagwa to "stop economic hitmen" from sabotaging his under-fire administration....Published: 11 May 2022 at 09:16hrs | 1510 | by Staff reporter
Dollar o'clock: Should Zimbabwe axe its faltering currency again?
IN early 2019, Zimbabwe's central bank announced plans to bring back the Zimbabwe dollar as legal tender after a decade of using the US dollar and seven other international currencies because raging h...Published: 11 May 2022 at 09:11hrs | 406 | by Staff reporter
'Mnangagwa's govt killing Zimdollar'
GOVERNMENT'S short-term financing mechanisms to fund its programmes are the major contributors to the depreciation of the local currency, the Zimbabwe National Chamber of Commerce (ZNCC) has noted....Published: 10 May 2022 at 07:46hrs | 907 | by Staff reporter
Zupco deal: The cost of corruption
THE Zimbabwe United Passenger Company (Zupco)'s monopoly on the public transport system has opened a can of worms amid reports that Parliament was blocked from making inquiries on the procurement, own...Published: 09 May 2022 at 07:06hrs | 817 | by Staff reporter
Mwonzora trashes arrogant British MP over 'fake and malicious' utterances
MDC- Alliance leader Douglas Mwonzora has dismissed recent claims by British legislator, Lord Jonathan Oates that his party is a Zanu-PF project.He described the top British lawmaker's avermen...Published: 07 May 2022 at 19:58hrs | 2794 | by Staff reporter
US-Zambia military pact rattles Zimbabwe
THE establishment of a specialised United States security office in Zambia has unsettled authorities in Zimbabwe following heated debate across the political divide on the possible intentions of the A...Published: 06 May 2022 at 19:27hrs | 995 | by Staff reporter
CCC to impose leaders
THE Citizens Coalition for Change (CCC) is embarking on new processes to elect its national leaders, thereby possibly ditching the traditional congresses.This follows recent reports that the p...Published: 06 May 2022 at 19:27hrs | 348 | by Staff reporter
Massive 50% drop in 'O' Level candidates
THE number of candidates sitting for Ordinary Level examinations has plummeted by 50% in five years, prompting teachers unions to raise alarm.The number of candidates sitting for the Zimbabwe ...Published: 05 May 2022 at 19:07hrs | 469 | by Staff reporter
No plans to dump Zimdollar
FINANCE deputy minister Clemence Chiduwa yesterday said the government had no plans to dump the free-falling Zimbabwe dollar, adding that authorities would instead ramp up surveillance and penalise bu...Published: 05 May 2022 at 07:13hrs | 1804 | by Staff reporter
Cross-border grocery shopping trips decline
THE number of locals travelling to neighbouring countries such as South Africa and Botswana to buy groceries has considerably gone down following a steady rise in capacity utilisation in the local man...Published: 05 May 2022 at 07:10hrs | 1633 | by Staff reporter
RBZ blames Russia
RESERVE Bank of Zimbabwe (RBZ) governor John Mangudya yesterday blamed Zimbabwe's deteriorating crisis on confrontations between Russia and Ukraine as he downplayed economic shocks that were already f...Published: 04 May 2022 at 07:03hrs | 3266 | by Staff reporter
Daggers out in MDC Alliance
DAGGERS have been drawn in the opposition MDC-Alliance (MDC-A) with party president Douglas Mwonzora's deputy, Elias Mudzuri and chairperson Morgen Komichi set to contest for the presidency at an elec...Published: 04 May 2022 at 07:02hrs | 1840 | by Staff reporter
'PSC demands videos of teachers in class'
THE Amalgamated Rural Teachers Union of Zimbabwe (Artuz) yesterday claimed that the Public Service Commission (PSC) was forcing school heads to record videos of teachers who report for work.Sc...Published: 04 May 2022 at 07:02hrs | 807 | by Staff reporter
Massive expansion for Mater Dei
THE Catholic Church-run Mater Dei Hospital in Bulawayo has embarked on a massive expansion drive that will transform the institution from an old elitist hospital into a walk-in primary healthcare cent...Published: 04 May 2022 at 06:59hrs | 530 | by Staff reporter
Mnangagwa ally says, 'Britain can go hang'
BRITAIN should stop interfering in Zimbabwe's internal affairs as the country is not an extension of the United Kingdom, Zanu-PF Secretary for Information and Publicity, Christopher Mutsvangwa, has sa...Published: 04 May 2022 at 06:59hrs | 660 | by Staff reporter
High Court scraps Mthuli Ncube's 2020 taxes on fuel
The High Court has refused to endorse a new carbon tax on fuel and the redemption levy of the National Oil Company of Zimbabwe imposed two years ago on the grounds that these could not be levied by ex...Published: 04 May 2022 at 06:59hrs | 621 | by Staff reporter
Zimbabwe inflations quickens to 96.4%
Below is the full statement by Reserve Bank of Zimbabwe (RBZ) Governor John Mangudya on the resolutions of the Monetary Policy Committee (MPC) meeting of 29 April 2022.RESOLUTIONS OF THE MONET...Published: 03 May 2022 at 16:25hrs | 1549 | by Staff reporter
Ziyambi Ziyambi challenged over PVOs Bill
JUSTICE minister Ziyambi Ziyambi has been challenged to provide evidence on political interference by non-governmental organisations and that some charities are conduits for sponsoring terrorism and o...Published: 03 May 2022 at 16:02hrs | 597 | by Staff reporter
Mnangagwa says 'Britain should mind its own business'
MEDDLESOME Britain should focus on problems at home and stop poking its nose into the affairs of Zimbabwe through contrived stories and false oppositional narratives, President Mnangagwa has said....Published: 03 May 2022 at 15:37hrs | 939 | by Staff reporter
LGBTQI flee Russia crackdown
Gays and lessbiens are reported to have fled from Russia and the Vladimir Putin's government has since launched a crackdown on the group.In an email Zeynep Sentek, a Network coordinator said T...Published: 03 May 2022 at 15:05hrs | 763 | by Stephen Jakes
Mwonzora hints on ordinary congress date
MDC Alliance leader Douglass Mwonzora has hinted that the ordinary congress of the party will be held in June this year.This was revealed by the party's information department today."T...Published: 03 May 2022 at 14:41hrs | 935 | by Stephen Jakes
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