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How Tagwirei's ascent threatens - and could reward - investors
Zimbabwe's political landscape has erupted into a new era of factionalism, with sanctioned tycoon Kudakwashe Tagwirei's meteoric rise within the ruling ZANU-PF party becoming a flashpoint. As the 2028...Published: 08 Jul 2025 at 15:18hrs | 575 | by Harrison Brooks
Mangudya calls for equitable IMF fund disbursements
Former Reserve Bank of Zimbabwe (RBZ) governor and current CEO of Mutapa Investment Fund, John Mangudya, has urged the International Monetary Fund (IMF) to ensure equitable disbursements of funds to A...Published: 28 Jun 2025 at 14:44hrs | 70 | by Staff reporter
CCC factions reject Tshabangu's GNU with Zanu-PF
Deepening divisions within the Citizens Coalition for Change (CCC) have erupted over a controversial proposal by self-proclaimed secretary-general Sengezo Tshabangu to extend President Emmerson Mnanga...Published: 15 May 2025 at 09:08hrs | 254 | by Staff reporter
Social unrest warning in South Africa
Critical issues such as the government's overreliance on taxes and the deterioration of basic services threaten social unrest in South Africa. Renowned economist Dawie Roodt warned that the go...Published: 14 Apr 2025 at 12:33hrs | 1303 | by Staff reporter
If land was the reason for the liberation struggle, why must Zimbabweans now buy it?
The land question in Zimbabwe is a contentious issue.The liberation struggle in Zimbabwe was fought with a clear objective: to reclaim land from colonial rulers and redistribute it equitably a...Published: 13 Mar 2025 at 16:17hrs | 584 | by Tendai Ruben Mbofana
Dumping US dollar 'keeps politics out of economic development'
Boosting trade settlements in national currencies between members of the BRICS group is a strategic necessity, Russian President Vladimir Putin has said, adding that a shift from the US dollar would s...Published: 22 Oct 2024 at 15:55hrs | 591 | by Staff reporter
US slams door on Mnangagwa
UNITED States Senate Foreign Relations member Jim Risch and analysts have said the sanctioning of President Emmerson Mnangagwa for corruption and human rights violations is a damning indictment of his...Published: 06 Mar 2024 at 20:53hrs | 4 | by Staff reporter
Global headwinds spell doom for Zimbabwe
TOP international economists predict that the global economy will decline this year, spelling trouble for Zimbabwe's foreign market-dependent economy.The Treasury expects Zimbabwe's economic g...Published: 20 Jan 2024 at 07:06hrs | 4 | by Staff reporter
Niger irks France by revising upwards rip-off uranium prices
The new government in Niger has started showing signs of real liberation by selling their minerals at world market yet France has been getting at half the price.This reason why France is reall...Published: 21 Sep 2023 at 06:02hrs | 12 | by Staff reporter
Mnangagwa takes the risk by sidelining army in polls
PRESIDENT Emmerson Mnangagwa has taken a huge political risk by sidelining the military - which has kept Zanu-PF in power directly since 2000 - from his dicey intelligency-driven presidential election...Published: 09 Jul 2023 at 14:26hrs | 16 | by Staff reporter
China takes next step in currency globalisation
China's gradual internationalisation of its currency will shift to its next leg on Monday when about two dozen Chinese companies start trading in their home currency in Hong Kong's stock market....Published: 19 Jun 2023 at 06:38hrs | 1 | by Staff reporter
Mnangagwa to secure another 5-year term, says US's Fitch Ratings
PRESIDENT Emmerson Mnangagwa will likely secure another five-year term in elections expected in August, Fitch Solutions, a global advisory, predicted in a new report, but warned of a chaotic aftermath...Published: 26 May 2023 at 16:31hrs | | by Staff reporter
To see the saboteur, Mr President, look in the mirror
NewsdayHAVE we seriously gone back to blaming ghosts and shadows for the economy bottoming out?Are we going to be turning every stone, nook, and cranny looking for perceived "saboteurs...Published: 23 May 2023 at 06:40hrs | 1 | by Staff reporter
Zimbabwe military plots to position Chiwenga to replace Mnangagwa after the polls
A UNITED KINGDOM-based research firm has waded into Zimbabwe's highly volatile political arena predicting that while the ruling Zanu-PF will most likely retain power in the next general elections, the...Published: 19 Feb 2023 at 18:15hrs | 3 | by Staff reporter
Mnangagwa to headline CEO Africa Annual Roundtable
PRESIDENT Mnangagwa is set to headline the CEO Africa Annual Roundtable 2022 to be held in Victoria Falls from 2 to 5 November. The event is being hosted by the CEO Africa Roundtable, a high-l...Published: 09 Oct 2022 at 07:54hrs | 3 | by Staff reporter
Globetrotting Mnangagwa walking in Mugabe's footsteps
IN June 2017, the late former president Robert Mugabe attracted an angry backlash following his trip to a United Nations (UN) conference in Mexico on oceans even though the country is a landlocked sta...Published: 25 Sep 2022 at 16:49hrs | 2 | by Staff reporter
Zimbabwe headed for a political dead heat in 2023
ZIMBABWE'S marginalised and poor communities, which have traditionally voted for the ruling Zanu-PF party and often abused as political fodder in the fractious politics of the country, are turning aga...Published: 29 Jun 2022 at 07:46hrs | 10 | by Rashweat Mukundu
Russia-Ukraine war triggers fuel price hike
THE Zimbabwe Energy Regulatory Authority (Zera) on Friday announced an upward review of the price of petrol and diesel, saying the war pitting Russia and Ukraine had partly contributed to the hike....Published: 06 Mar 2022 at 08:14hrs | 1 | by Staff reporter
Zimbabwe ranks lowly on Fitch political, economic risk
PROMINENT American market research firm, Fitch Solutions, has ranked Zimbabwe as a country that poses the highest political and economic risk in Southern Africa, a major indicator that poi...Published: 04 Mar 2022 at 17:44hrs | 8 | by Staff reporter
Zimbabwe slips into election mode
Zimbabwe is in perpetual election mode because of disputed poll outcomes, analysts have said, as political parties start to run visible campaigns ahead of the 2023 contest.Both the ruling Zanu...Published: 10 Oct 2021 at 06:57hrs | | by Staff reporter
Africa: A complex trajectory and legacy of military coups
FOR their spectacular nature, coups always appear like new phenomena when actually they are an old military and political issue that dates back to the genesis of humanity.It is like that in th...Published: 18 Sep 2021 at 19:49hrs | 8 | by William Jethro Mpofu
'Beitbridge project among top deals of the year'
The Global Trade Review, the global trade finance magazine, has named the US$296 million project to rebuild Beitbridge Border Post among its top 11 worldwide deals of the year.Global Trade Rev...Published: 28 May 2021 at 08:03hrs | 1 | by Staff reporter
Sort out political mess, says RBZ boss
RESERVE Bank of Zimbabwe deputy governor Kuphukile Mlambo has called on the country to sort out its political problems, which he said played an important role in informing investment decisions....Published: 17 May 2021 at 06:51hrs | | 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 | 2 | by Victor Bhoroma
The economic toll of Covid-19 on Zimbabwe has deepened energy poverty
Zimbabwe's management of the Covid 19 pandemic on the health front seems to have scored positively compared to other countries but the gains on statistics should not deflect attention from the perils ...Published: 26 Mar 2021 at 21:43hrs | 10 | by Taruberekera Masara in Pretoria
Zanu-PF stuck in a cycle of old habits
WHEN President Emmerson Mnangagwa was installed as President of Zimbabwe in November 2017 following a military coup and his predecessor Robert Mugabe's enforced resignation, he boldly announced to the...Published: 19 Feb 2021 at 07:18hrs | 2 | by Tendai Dumbutshena
60% of Bulawayo companies close shop
THE labour movement, consumer rights groups, small enterprises and informal traders have lamented the continuous collapse of Bulawayo industries amid revelations that up to 60% of companies have close...Published: 19 Feb 2021 at 07:04hrs | 146 | by Staff reporter
Funding deal struck for Beitbridge border revamp
A US$300 million deal has been struck for the redevelopment of the Beitbridge Border Post, with a consortium of South African banks availing funds for a project that is expected to not only provide a ...Published: 14 Feb 2021 at 09:41hrs | 12 | by Staff reporter
Chief Justice Luke Malaba sweats over looming retirement dilemma
ZIMBABWE'S Chief Justice Luke Malaba - who by operation of law retires at midnight on 15 May 2021 when he turns 70 years old - faces the biggest question of his long professional career as a judicial ...Published: 13 Feb 2021 at 15:01hrs | | by Staff reporter
Zimbabwe loses US$20bn through non-traditional cartels
ZIMBABWE may have been prejudiced of US$20 billion over the years through corruption due to the acrid relationship between politics and economics that has seen the entrenchment of cartelism in the cou...Published: 12 Feb 2021 at 15:48hrs | 1 | by Staff reporter
African banks sign deal to rehabilitate Beitbridge border post
A group of African banks has signed a US$194mn senior debt facility to rehabilitate the Beitbridge border post, a crossing that connects Zimbabwe and South Africa.Rand Merchant Bank (RMB) acte...Published: 29 Jan 2021 at 07:23hrs | 2 | by Staff reporter
In Zimbabwe, Covid-19 patients told to buy their own ventilators
Zimbabwe shows what happens when the coronavirus collides with one of the world's most run-down health systems.Nurses at a major public hospital in the capital are on strike after colleagues d...Published: 24 Jan 2021 at 07:29hrs | 2 | by Staff reporter
Ministers Covid-19 deaths strike fear into the hearts of Zimbabwe's VIPs
This comes as Transport minister Joel Biggie Matiza died of Covid-19 today. Four ministers, including Matiza, have so far died. Others are Perrance Shiri, Ellen Gwaradzimba and Moyo. Former minister A...Published: 23 Jan 2021 at 17:12hrs | 4 | by Staff reporter
Zanu-PF emerges biggest winner in major scandal
THE ruling Zanu-PF, which thrives on a chokehold grip on airwaves to win elections by hook or crook, has emerged as the biggest winner in the controversial awarding of six new free-to-air licences to ...Published: 29 Nov 2020 at 19:28hrs | 16 | by Staff reporter
Zimbabwe has enough forex, says Chamisa
ZIMBABWE has millions in foreign currency that is adequate to sustain its economy, ramp up failing industries and sustain a return to dollarisation, opposition leader Nelson Chamisa has said.C...Published: 24 Jun 2019 at 07:09hrs | | by Staff Reporter
RTGS$ plunges
Zimbabwe is nearing the much dreaded economic horrors of 2008 punctuated by hyperinflation, widespread shortages of foreign currency and fuel coupled with a spike in prices of everything, including st...Published: 21 Apr 2019 at 08:55hrs | 34 | by Staff reporter
'Ohh! The blue eyed MDC son is not all that shiney'
Why he has failed to attract the main stream media is still a mystery. This man is a hypocrite and is good at attaching himself to the presidency yet he has nothing to offer. This dude is non other th...Published: 03 Apr 2019 at 15:04hrs | 3 | by Marujata Ngomahuru
SA vows to help Zimbabwe revive economy
President Cyril Ramaphosa said on Tuesday South Africa was ready to help Zimbabwe revive its economy, but within its means, while the two neighbours consider options that could see Harare receiving so...Published: 12 Mar 2019 at 14:13hrs | 1 | by Reuters
Can Zimbabwe learn from history, the pain of yesteryear?
CENTRAL bank opens up currency trading, reads a headline in a State-owned daily newspaper. The Reserve Bank of Zimbabwe (RBZ) has liberalised the foreign currency market by introducing an interbank tr...Published: 23 Feb 2019 at 06:24hrs | | by Editorial - newsday
Mnangagwa's visit to Russia unlocks $300 million
President Emerson Mnangagwa's visit to Russia has unlocked $300 million that will trigger implementation of the $2 billion Great Dyke Investment (GDI) platinum mining venture in Darwendale.GDI...Published: 27 Jan 2019 at 18:59hrs | 2 | by Staff reporter
Mnangagwa's mask has fallen
PRESIDENT Emmerson Mnangagwa returned home this week from his tour of four Eurasian nations just in time to find the troubled country mired in a worsening vortex of turmoil.He had scored some ...Published: 25 Jan 2019 at 14:35hrs | 1 | by Editorial - the independent
Mnangagwa's FDI drive off the rails
The African Trade Insurance Agency (ATI) has capacity to provide cover on transactions worth $116 million into Zimbabwe this year out of the $1,6 billion in the pipeline due to the country's low contr...Published: 25 Jan 2019 at 00:32hrs | 12 | by Staff reporter
Mnangagwa says Zimbabwe protests 'fizzling out'
PRESIDENT Emmerson Mnangagwa on Tuesday showed little concern about the deadly unrest back home as he continued his widely criticised state visit to Russia and met counterpart Vladimir Putin in Moscow...Published: 16 Jan 2019 at 09:33hrs | | by newzimbabwe
'Mnangagwa govt incurs credibility deficit'
Government is running under a serious credibility deficit, as the long-suffering Zimbabweans continue to lose hope in its economic policies, analysts have observed.The four months preceding th...Published: 16 Dec 2018 at 14:19hrs | | by Staff reporter
Elias Mudzuri to be uprooted from MDC Alliance
Only people's voice is bigger than a political party and not Elias Mudzuri. Nelson Chamisa should tighten his political belt by accepting the party followers' wish to terminate Mudzuri. Mudzuri confes...Published: 26 Nov 2018 at 23:02hrs | | by Don Chigumba
Mupfumira speaks to London investors
Zimbabwe is open for business - this was the strong message heard at the Invest Zimbabwe Forum held in London on Thursday.In her opening address, Hon. Priscah Mupfumira, Minister of Environmen...Published: 10 Nov 2018 at 11:18hrs | | by Staff reporter
Mthuli Ncube running out of time
AS ZIMBABWE'S economy continues to lurch from one crisis to the other, business leaders and economists say the government is running out of both time and "rope" to turn the situation around.Th...Published: 18 Oct 2018 at 15:06hrs | | by Staff reporter
Zimbabwe's country risk improves significantly
ZIMBABWE'S country risk has gone down in the past eight months, with investor interest growing following deposition of the country's former president Robert Mugabe, a British-owned stockbroking firm h...Published: 24 Aug 2018 at 06:06hrs | | by Staff reporter
Divided nation, broken economy face Zimbabwe's new leader
President Emmerson Mnangagwa's tenure as Zimbabwe's newly-elected president got off to a rocky start.President-elect Emmerson MnangagwaHe narrowly secured a five-year term in an election marre...Published: 07 Aug 2018 at 07:35hrs | 1 | by Bloomberg
US dollar losing status as world reserve currency
Economists have predicted that the international financial system in the next decade will have changed significantly as the United States dollar loses its reserve currency status.Aggressive fo...Published: 01 Jul 2018 at 08:24hrs | | by Staff reporter
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