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Mthuli Ncube pushes walls to save Victoria Falls Stock Exchange
FINANCE minister Mthuli Ncube this week pumped up fresh incentives to attract companies to list on the United States dollar-denominated Victoria Falls Stock Exchange (VFEX), which has entered it...Published: 13 hrs ago | 1535 | by Staff Reporter
Mid-term budget stakeholder consultations underway
TREASURY in the process of consultations on the upcoming mid-term fiscal review and the 2022 Budget Strategy paper (BSP) from key stakeholders. The mid-term fiscal policy review statement will...Published: 13 hrs ago | 136 | by Staff Reporter
Unconstitutional extension of Malaba's tenure, predictive of a 2023 rigged election?
Mnangagwa owes Malaba a tonne of gratitude. He insulated Mnangagwa from what was imminent loss of power when the coup, illegal, was challenged, allowing him to consolidate power aftermath the illegal ...Published: 24 hrs ago | 1074 | by Nancy Makurira
'Foreign investors flock to Bulawayo'
BULAWAYO City Council (BCC) claims that it has been inundated with expression of interest from foreign companies seeking to invest in various sectors of the economic in the country's second largest ci...Published: 13 May 2021 at 06:51hrs | 1746 | by Staff reporter
Crisis Coalition blasts Mnangagwa's spin doctor
CRISIS in Zimbabwe Coalition (CiZC) has vowed to continue with its pursuit for a democratic society in the wake of continued intimidation by some top government officials irked by the NGO grouping's w...Published: 12 May 2021 at 10:33hrs | 1547 | by Staff reporter
Mnangagwa consolidation of power an indictment on constitutionalism
INAPPROPRIATE laws inherited from colonial rule have been the major source of poverty and alienation in rural communities where 68% of the population live.To a larger extent, government has ma...Published: 12 May 2021 at 06:42hrs | 238 | by Staff reporter
'Mnangagwa's govt ready to open up airwaves'
INFORMATION minister Monica Mutsvangwa yesterday said government was ready to further open up the airwaves and ensure a democratic media which operated without fear of harassment.Mutsvangwa sa...Published: 11 May 2021 at 06:41hrs | 401 | by Staff reporter
Defying global trends, Zimbabwe bets on coal
COAL dust fouls the air in Hwange, a mining town in the Matabeleland North province, about an hour's drive southeast of Victoria Falls. Black smoke and a throat-closing odour saturate the atmosphere....Published: 11 May 2021 at 06:39hrs | 318 | by Staff reporter
Zanu-PF takes indigenisation to people
Zanu-PF is set to launch a nationwide programme to educate the public and businesses on the revised Indigenisation and Economic Empowerment Act to ensure the inclusion of everyone in the country's eco...Published: 11 May 2021 at 06:34hrs | 189 | by Staff reporter
Zupco gives in to rural buses, urban taxis demands
COMMUTER buses and kombis plying rural routes including metered taxis operating in urban centres are allowed to operate without registering under the Zupco franchise or going through the Central Mecha...Published: 10 May 2021 at 05:24hrs | 3093 | by Staff reporter
Mnangagwa signs Manpower Act into law
President Mnangagwa has signed into law, the Manpower Planning and Development Amendment Act that seeks to promote the development and implementation of a higher and tertiary education policy which en...Published: 10 May 2021 at 05:23hrs | 1314 | by Staff reporter
Doves ownership wrangle escalates
THE High Court has blocked a Doves Holdings shareholder and a top executive from stripping assets of the leading life assurance firm as a bitter ownership row rages.Farai Matsika, a shareholde...Published: 09 May 2021 at 08:17hrs | 2070 | by Staff reporter
Lithium exploration in Fort Rixon excites Govt
LITHIUM exploration underway at Fort Rixon, Matabeleland South is set to heighten Government's measures of using the mining sector as leverage to reach its target of a US$12 billion economy in the ext...Published: 09 May 2021 at 08:12hrs | 874 | by Staff reporter
90% of Zimbabwe's forex in formal market
ABOUT 90 percent of the country's foreign currency is now circulating in the formal market thereby stabilising the exchange rate and stimulating economic growth, Finance and Economic Development Minis...Published: 09 May 2021 at 08:09hrs | 405 | by Staff reporter
Zimbabwean banks in strong position to fund economy
Fundamentals in the financial services sector have improved over the past few years, with the sector poised to bankroll local economic activity, the central bank has said.Bank failures that pl...Published: 09 May 2021 at 08:01hrs | 148 | by Staff reporter
Zimbabwean brands need to step up to the plate
Production seems to be the driving spirit of the new dispensation, as the country pursues a modernisation and industrialisation agenda whose objective is to grow the economy, create rewarding and sust...Published: 09 May 2021 at 08:00hrs | 162 | by Staff reporter
Matsika, Gatsi accused of asset stripping Doves
A BOARD member of Doves Holdings, Farai Matsika, and the chief operating officer of the company, Edson Gatsi, have been accused of stripping the assets of the life assurance firm.This is conta...Published: 08 May 2021 at 08:09hrs | 434 | by Staff reporter
151 children, 16 wives, still counting
Mbire man, Misheck Nyandoro, has fathered 151 children with 16 wives and he is still counting. "Mine is a project. This polygamy is a project that I have undertaken since 1983 and will end wit...Published: 08 May 2021 at 08:02hrs | 613 | by Staff reporter
Boost local production to save forex, says Mnangagwa
The local manufacturing sector should take advantage of several initiatives by Government to reduce import dependency and boost local production to save the much needed foreign currency, President Mna...Published: 08 May 2021 at 07:59hrs | 57 | by Staff reporter
Privatization plans off rails
In November 2018, the Zimbabwean government set out a privatization plan to dispose completely and partially privatize over 23 state entities and parastatals (SEPs). According to the Auditor General R...Published: 07 May 2021 at 15:41hrs | 1101 | by Victor Bhoroma
Cyril Ramaphosa's 'plot' to kill the ANC
SOME senior ANC leaders have accused President Cyril Ramaphosa of working with external parties to collapse the governing party and replace it with a centre-right coalition led by him after the 2024 g...Published: 07 May 2021 at 11:34hrs | 4943 | by Piet Rampedi
CSOs move to challenge Zupco monopoly
BULAWAYO civic society organisations (CSOs) meet today to deliberate on the steps to be taken regarding government's insistence on a Zupco monopoly despite widespread condemnation of the policy....Published: 07 May 2021 at 06:43hrs | 1336 | by Staff reporter
Matutu, Bredenkamp's son in turf war over mining grant
AN investment vehicle fronted by former Zanu-PF youth leader Lewis Matutu is locked in a turf war with Gavin Bredenkamp after it was allocated a 450 hectares mining grant on the latter's Thetford Esta...Published: 07 May 2021 at 06:36hrs | 1131 | by Staff reporter
US$48m injection for Zimbabwe banks
THE European Investment Bank (EIB) will inject €40 million (US$48 million) into Zimbabwe banks for on-lending to the private sector, following an exceptional decision by the European Union (EU) memb...Published: 07 May 2021 at 06:31hrs | 499 | by Staff reporter
British firm to set up £30m solar project in Zimbabwe
A British company is ready to set up a £30 million solar plant in the country, British Ambassador to Zimbabwe Ms Melanie Robinson said yesterday. The investment by the British company is an i...Published: 07 May 2021 at 06:26hrs | 697 | by Staff reporter
Zanu PF speaks on revised Indigenisation Act
Zanu PF will roll out the revised Indigenisation and Economic Empowerment Act to the country's ten provinces as part of educating various business groups on the contents of the new policy framework....Published: 06 May 2021 at 19:44hrs | 573 | by Staff reporter
'Mnangagwa is a lousy politician and communicator'
Zimbabwe President Emmerson Mnangagwa who came to power in November 2017 has done a good job in transforming the country's economy in the past three-and-a-half years but the world does not know this b...Published: 06 May 2021 at 10:00hrs | 3917 | by Staff reporter
Zimbabwe considers mass elephant killing
Zimbabwe is considering the mass killing of elephants, known as culling, for the first time since 1988 to reduce the 100 000-strong population of the animals.The government of Zimbabwe, which ...Published: 06 May 2021 at 09:50hrs | 1955 | by Staff reporter
Zimbabwe inflation to fall below 55%, says RBZ
THE Reserve Bank of Zimbabwe (RBZ) says it is targeting a slide in the annual inflation to below 55% by July this year, underpinned by its disinflationary strategy that has been credited for calming m...Published: 06 May 2021 at 05:47hrs | 723 | by Staff reporter
Zanu PF restructures
The Zanu PF Harare Province is expected to hold a cell restructuring exercise this weekend to accommodate new members joining the party. This comes as the party's progressive policies that res...Published: 06 May 2021 at 05:20hrs | 742 | by Staff reporter
RBZ approves $500 million MSMEs facility
THE Reserve Bank of Zimbabwe (RBZ) has approved a $500 million facility for micro, small and medium enterprises (MSMES) to stimulate economic growth.In a statement yesterday, the RBZ said the ...Published: 05 May 2021 at 07:18hrs | 350 | by Staff reporter
Zimbabwe's inflation rate now at 194%
THE annual inflation rate will continue falling and year-on-year inflation will be below 55 percent in July, the Reserve Bank of Zimbabwe's Monetary Policy Committee (MPC) says, confirming trends. ...Published: 05 May 2021 at 07:13hrs | 454 | by Staff reporter
Zanu-PF bids to ban 'sanction beggars' 2023 elections
IN AN ominous message for the opposition, Zanu-PF says it wants all people who have supported the West's sanctions on Zimbabwe to be barred from taking part in the 2023 polls.In that light, th...Published: 04 May 2021 at 08:02hrs | 4286 | by Staff reporter
Zimbabwe's lands commission handling over 1 000 disputes
THE Zimbabwe Lands Commission (ZLC) says it is handling over 1 000 disputes involving farm allocations and boundary rows.The ZLC has also admitted the fast-track land reform programme created ...Published: 04 May 2021 at 07:38hrs | 554 | by Staff reporter
Zanu-PF youths target bigwigs' farms
Zanu-PF youths in Headlands are reportedly eyeing farms allocated to party bigwigs in the constituency, among them former Finance minister Patrick Chinamasa and former Agriculture minister Joseph Made...Published: 04 May 2021 at 06:38hrs | 1172 | by Staff reporter
Arrest Zinara looters, says Parly
PARLIAMENT'S Public Accounts Committee (PAC) has ordered law enforcement agents to arrest chefs implicated in the looting of Zimbabwe National Road Administration (Zinara)'s funds, running into millio...Published: 04 May 2021 at 06:36hrs | 575 | by Staff reporter
BCC under pressure to publish assets register
BULAWAYO City Council has come under pressure to publish a list of its properties to enhance transparency and accountability. The call by civic society group Habakkuk Trust came in the wake of...Published: 04 May 2021 at 06:32hrs | 216 | by Staff reporter
'Lift ban on private transport operators'
HUMAN rights groups and the clergy have urged Local Government minister July Moyo to lift the ban on private transport operators and end the Zimbabwe United Passenger Company (Zupco) monopoly because ...Published: 03 May 2021 at 06:20hrs | 1170 | 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 | 287 | by Staff reporter
'Zanu-PF could regret constitutional changes'
LIBERATION struggle stalwart and one of the founders of Zanu-PF, Rugare Gumbo, says the removal of the running mate clause from the country's Constitution could come back to haunt the ruling party whi...Published: 02 May 2021 at 18:33hrs | 3383 | by Staff reporter
Scramble for Hwange
COAL dust fouls the air in Hwange, a mining town in the Matabeleland North region of Zimbabwe, about an hour's drive southeast of Victoria Falls.Black smoke and a throat-closing odour saturate...Published: 02 May 2021 at 09:26hrs | 670 | by Staff reporter
Teachers cash in on US$140 incentives
SOME schools in the Matabeleland region are reportedly demanding between US$1 to US$10 from learners per week as incentives for teachers to attend class, despite learners having paid fees in full....Published: 02 May 2021 at 09:15hrs | 714 | by Staff reporter
Kombi ban will bring road sanity
PRIVATE companies requiring transportation for their workers can only hire buses registered under the Zimbabwe United Passenger Company (Zupco) franchise, while private commuter omnibus operators will...Published: 02 May 2021 at 08:12hrs | 1329 | by Staff Reporter
'Zimbabwe has capacity to fund its growth agenda'
Zimbabwe has the capacity to fund its growth agenda, but there is need for financial institutions and cash-rich entities such as pension funds to effectively deploy current savings, according to an ex...Published: 02 May 2021 at 08:10hrs | 166 | by Staff Reporter
Fresh salary increment for civil servants
GOVERNMENT will table a fresh salary increment offer for civil servants before the end of this month, making good on its promise to further review public sector earnings and follow up on last month's ...Published: 02 May 2021 at 08:06hrs | 1140 | by Staff Reporter
Will cites provide cover for a racism–based ban on international hunting?
The Managing Director of the U.S. based Ivory Education Institute, Godfrey Harris, believes that the UN agency charged by the international community with regulating international wildlife trade - CIT...Published: 02 May 2021 at 07:39hrs | 252 | by Emmanuel Koro Johannesburg
Zanu-PF escalates its 2023 campaign
PRESIDENT Emmerson Mnangagwa is scheduled to launch a fine-tuned new indigenisation and empowerment policy in Bulawayo today, as Zanu-PF escalates its campaigns for the 2023 national elections. ...Published: 01 May 2021 at 20:17hrs | 539 | by Staff reporter
A new hope… President Mwonzora's to do list
With a flood of optimism being poured to the new MDC'T President Douglas Mwonzora from the majority of both the MDC'T standing committee and the supporters at large the young and charismatic leader sh...Published: 01 May 2021 at 10:57hrs | 2259 | by Knowledge Hakata
'Willowgate' Shava refused to work over his US$100k arrears yet no qualms enforcing 'no work no pay' over slave wages
The 1980s Willowvale Motor Industries scandal in which the Zanu PF ruling elite used or rather abused their positions of power and authority to buy new vehicles at the low controlled prices, ostensibl...Published: 01 May 2021 at 09:18hrs | 1196 | by Patrick Guramatunhu
MDC councillor threatens to bash resident association member
MAZOWE ward 28 councillor Fannuel Chigonero (MDC) has been accused by Mvurwi residents Association of attempting to assault their treasurer in a consultative meeting on Tuesday.The association...Published: 30 Apr 2021 at 19:41hrs | 813 | by Simbarashe Sithole
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