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Chiwenga calls Zimbabwe hotels to order
VICE-PRESIDENT Constantino Chiwenga has warned operators in the hospitality industry against charging exorbitant rates which he said contributed to economic instability.Officially opening the ...Published: 47 mins ago | 123 | by Staff reporter
Zimbabwe prices soar ahead of Christmas
ZIMBABWEANS face yet another bleak festive season as prices of basic commodities, mostly foodstuffs, continue to rise with retailers citing the current power outages as the main driver of price increa...Published: 50 mins ago | 42 | by Staff reporter
Zesa tariff hike looms for miners
ZESA Holdings is set to review tariffs for major consumers such as miners to improve generation and boost its capacity to import electricity to meet local demand.In his 2023 national budget st...Published: 50 mins ago | 19 | by Staff reporter
Mthuli Ncube rules out income tax relief
FINANCE minister Mthuli Ncube (pictured) says raising the income tax threshold again after the previous one in August would have been too soon because widening this tax relief further is dependent on ...Published: 54 mins ago | 29 | by Staff reporter
Bankers call for more taxes
BANKERS have urged Finance minister Mthuli Ncube to introduce sin-taxes to help grow the country's revenue base.In his presentation at a Parliament post-budget seminar on Monday, Bankers Assoc...Published: 01 Dec 2022 at 04:59hrs | 366 | by Staff reporter
Mthuli Ncube scraps REIT limits
FINANCE minister Mthuli Ncube has scrapped a limit to the types of property that can be listed under the real estate investment trust (REIT), amid revelations that collective investment schemes under ...Published: 01 Dec 2022 at 04:57hrs | 613 | by Staff reporter
Zimbabwe fuel prices drop again
Fuel prices for both blend and diesel marginally dropped effective today, the Zimbabwe Energy Regulation Authority (ZERA) has said.The last review was on 23 November.In reviewing the c...Published: 30 Nov 2022 at 18:43hrs | 915 | by Staff reporter
ZCTU blasts Mthuli Ncube's paltry 2023 budget tax free threshold
THE Zimbabwe Congress of Trade Unions (ZCTU) says Finance Minister, Mthuli Ncube's tax free thresholds in the 2023 National Budget are a blow for the workers who will continue to carry the yoke of ove...Published: 30 Nov 2022 at 05:09hrs | 541 | by Staff reporter
'Zimbabwe turns to Zambia for power bailout'
ZIMBABWE is reportedly negotiating with neighbouring Zambia for additional power imports following indications that the country's Kariba Power Station could soon be switched off due to low water level...Published: 30 Nov 2022 at 05:07hrs | 758 | by Staff reporter
US$1,5m biscuit plant opens in Bulawayo
AGRO-PROCESSING factory, Flynote Investments Private Limited, has channelled more than US$1,5 million towards the establishment of new biscuit and stockfeed manufacturing units.Flynote Investm...Published: 30 Nov 2022 at 05:03hrs | 377 | by Staff reporter
'Mnangagwa using chiefs to sanitise Gukurahundi genocide'
Gukurahundi is haunting President Emmerson Mnangagwa as evidenced by his attempts to use traditional leaders to appease affected communities in the region, leader of Bulawayo-based political outfit, t...Published: 29 Nov 2022 at 19:49hrs | 478 | by Staff reporter
Zimbabwe's monthly and yearly inflation sustains significant decline
MONTHLY inflation for the period of November 2022 has declined to 1,8%, sustaining significant declines since the month of August, the Zimbabwe National Statistics Agency (Zimstat) reported Monday....Published: 29 Nov 2022 at 19:32hrs | 259 | by Staff reporter
'Mnangagwa's govt likely to print money to fund deficit'
ONE of Zimbabwe's top financial institutions, FBC Holdings Limited (FBC) says the 2023 National Budget announced last week will likely be funded by money printing, amid dwindling revenue options for T...Published: 29 Nov 2022 at 05:21hrs | 328 | by Staff reporter
Mthuli Ncube skating on thin ice
THE $4,5 trillion 2023 national budget presented by Finance minister Mthuli Ncube on Thursday has set tongues wagging.Firstly, $4,5 trillion is way above the $3,9 trillion projected revenue fo...Published: 28 Nov 2022 at 04:57hrs | 501 | by Staff reporter
Kasukuwere to challenge Mnangagwa for Zimbabwe presidency?
Saviour Kasukuwere has declared he is ready to challenge President Emmerson Mnangagwa for the Zimbabwe presidency during a virtual meeting with supporters.In his first public comments about hi...Published: 27 Nov 2022 at 16:11hrs | 1392 | by Staff reporter
Kazembe's visit to UAE surveillance expo ahead of 2023 raises eyebrows
PRESIDENT Emmerson Mnangagwa recently dispatched Home Affairs minister Kazembe Kazembe (pictured) to attend a digital surveillance event in the United Arab Emirates (UAE) amid indications that the Zim...Published: 27 Nov 2022 at 15:00hrs | 826 | by Staff reporter
Mnangagwa's govt hard-pressed to appease restless public sector workers
FINANCE minister Mthuli Ncube has proposed to increase the proportion of employment costs on state expenditure to 52.4% from 42.3% as the desperate government makes frantic efforts to appease the 300 ...Published: 27 Nov 2022 at 14:58hrs | 279 | by Staff reporter
Mthuli Ncube slashes Zimbabwe growth estimates to 4%
SOFTENING commodity prices on the international market have forced Zimbabwe's Treasury to cut economic growth projections for this year to 4% from 4.5% as the government's ambitious plan to build an u...Published: 27 Nov 2022 at 14:57hrs | 59 | by Staff reporter
Govt to recruit 7 000 teachers
The GOVERNMENT will recruit an additional 7 000 teachers next year to enhance the delivery of quality education, with special focus on infant education.In the 2023 National Budget tabled in Pa...Published: 27 Nov 2022 at 14:51hrs | 102 | by Staff reporter
Govt okays forex only school fees
THE Government will not stand in the way of schools that decide to charge fees exclusively in foreign currency as long as there is consensus among parents and guardians of learners, an official has sa...Published: 27 Nov 2022 at 13:14hrs | 448 | by Staff Reporter
Mthuli Ncube raises VAT, restores duty on basics
Finance minister Mthuli Ncube unveiled his 2023 budget on Thursday, raising value added tax (VAT) in a move the main opposition Citizens Coalition for Change (CCC) described as "an attack on working p...Published: 25 Nov 2022 at 05:21hrs | 10382 | by Staff reporter
Biti dismisses Mthuli Ncube's budget as 'power retention project'
HARARE East Member of Parliament (MP), Tendai Biti has said Finance Prof. Minister Mthuli Ncube should have dollarized the economy as the opposition politician condemned the 2023 budget as "cruel and ...Published: 25 Nov 2022 at 05:17hrs | 620 | by Staff reporter
Mthuli Ncube pampers security sector
THE security sector, which includes the Office of the President and Cabinet (OPC), Defence and War Veterans Affairs and the Home Affairs ministries were some of the departments that got the largest ch...Published: 25 Nov 2022 at 05:15hrs | 933 | by Staff reporter
Civil servants get lion's share
SALARIES for civil servants are set to go up markedly after the Government allocated the biggest chunk of the 2023 National Budget towards the public sector wage bill to cushion workers from the negat...Published: 25 Nov 2022 at 05:05hrs | 509 | by Staff reporter
Zimbabwe 5 years after Robert Mugabe - so, what has changed?
A climate of fear still lingers in Zimbabwe, five years after long-time ruler Robert Mugabe was deposed. As the country marks this milestone, few people are willing to speak openly about whether the g...Published: 22 Nov 2022 at 17:18hrs | 849 | by Staff reporter
November 2017 military coup promises shattered
PROMISES of a break with the past and a new beginning, economic recovery, freedom, democratic re-alignment and prosperity by military commanders at the onset of Zimbabwe's 2017 coup as well as b...Published: 21 Nov 2022 at 18:34hrs | 848 | by Staff reporter
Zimbabwe coal reserves sold for a song
LOKALIZE Investments, a company reportedly linked to businessman Billy Rautenbach, was allocated coal reserves by the government in the western areas of resource-rich Hwange through a transaction tant...Published: 18 Nov 2022 at 05:42hrs | 1672 | by Staff reporter
Was operation restore legacy a success?
The November 17 Coup which ushered President Emmerson Mnangagwa code named Operation Restore Legacy looked like an alternative idea but actually violated the Constitution of the country rendering it u...Published: 17 Nov 2022 at 08:54hrs | 2076 | by Leonard Koni
Zesa fault knocks suburbs off grid
SEVERAL western suburbs in Bulawayo have gone for four days without power supplies, which is suspected to be a result of a technical fault at sub-stations.Affected suburbs include Njube, Pumul...Published: 17 Nov 2022 at 05:03hrs | 434 | by Staff reporter
Zimbabwe hikes court fees, further pegs services in US dollars
Zimbabwe has increased fees and further introduced US dollar payments for all services obtained within the country's courts, something that continues to put access to justice beyond the reach of the p...Published: 16 Nov 2022 at 19:40hrs | 572 | by Staff reporter
'50% of Zimbabwe's population has no access to the Internet'
HALF of Zimbabwe's population has no access to the internet, a cabinet minister has said, warning that digital exclusion reinforces and deepens existing economic and social exclusion.ICTs mini...Published: 16 Nov 2022 at 19:35hrs | 154 | by Staff reporter
Zimbabwe votes for 'Mother' Russia
ZIMBABWE on Monday voted against a United Nations General Assembly (Unga) resolution for Russia to pay compensation for the damage caused by its invasion of Ukraine.Ninety-four countries voted...Published: 16 Nov 2022 at 05:17hrs | 2326 | by Staff reporter
Rains bring relief to Matabeleland South livestock farmers
RAINS being received in the country have brought relief to livestock farmers in Matabeleland South province whose animals were now in a poor condition because of shortage of pastures and drinking wate...Published: 16 Nov 2022 at 05:13hrs | 272 | by Staff reporter
Smaller gold coins trading begins
THE Reserve Bank of Zimbabwe (RBZ) yesterday opened doors for members of the public to walk into any local bank and registered agencies to purchase smaller units of Mosi-oa-Tunya gold coins as an alte...Published: 16 Nov 2022 at 05:13hrs | 629 | by Staff reporter
Zimbabwe's internet penetration rate increases
ZIMBABWE'S internet penetration rate has increased with broadband network extension remaining an issue, Minister of Information Communication Technology, Postal and Courier Services Dr Jenfan Muswere ...Published: 16 Nov 2022 at 05:10hrs | 128 | by Staff reporter
Chamisa's CCC says NO to Zimbabwe's Commonwealth return bid
"For Zimbabwe to rejoin the community of nations, it is very important for us to stop abusing citizens. You know that there are political prisoners who have been in pretrial detention for more than 14...Published: 15 Nov 2022 at 04:55hrs | 3845 | by Staff reporter
Drug lord blocked from starting new life in Zimbabwe
Plans by an Irish drug lord, Christy Kinahan Snr, to start a new life Zimbabwe were blocked recently when he was reportedly denied residency after buying properties, with authorities arguing he was no...Published: 15 Nov 2022 at 04:47hrs | 753 | by Staff reporter
Zimbabwe telcos hike bundle prices
Zimbabwe's telecommunications sector has reviewed its bundle prices, both in domestic (ZW$) and United States dollars (US$), to align with rising operation costs.This comes two weeks after the...Published: 14 Nov 2022 at 19:26hrs | 530 | by Staff reporter
Another 'moment of madness' brewing in ZImbabwe
THE timing of a 45-day blitz to flush out illegal settlers announced by Harare Metropolitan Province on Thursday demonstrates the deep administrative lapses that continue to haunt Zimbabwe.The...Published: 14 Nov 2022 at 05:14hrs | 2341 | by Staff reporter
Mnangagwa donates farming equipment, bus to Solusi
PRESIDENT Mnangagwa yesterday donated an assortment of equipment that will help transform the Seventh Day Adventist-run Solusi University in Figtree, with the consignment including tractors with ploug...Published: 14 Nov 2022 at 05:10hrs | 396 | by Staff reporter
Mnangagwa's govt draws down US$311m from IMF kitty
ZIMBABWE has drawn down US$311 million from the US$958 million it was allocated under extra Special Drawing Rights by the International Monetary Fund in August last year, an automatic allocation along...Published: 14 Nov 2022 at 05:09hrs | 206 | by Staff reporter
Beware of the folly of Trojan rulers!
Government, folly of mankind?Barbara W Tuchman is a prolific writer on politics as read through history. I enjoy her take on her subject.But she is American, western, itself an importa...Published: 13 Nov 2022 at 18:07hrs | 438 | by on Saturday
Kasukuwere lives in fear in Joburg as Harare steps up pressure
SELF-EXILED former Zimbabwean minister and Zanu-PF political heavyweight Saviour Kasukuwere is living in fear in Johannesburg, South Africa, as the Harare government steps up pressure behind the scene...Published: 13 Nov 2022 at 17:47hrs | 3973 | by Staff reporter
Mnangagwa frets over Chamisa's Sadc links?
ZIMBABWEAN President Emmerson Mnangagwa's government is increasingly becoming worried about the growing anti-establishment wave sweeping across the region after a recent shock victory by former opposi...Published: 13 Nov 2022 at 17:46hrs | 9048 | by Staff reporter
Tendai Biti blames government for power blackouts
CITIZENS Coalition for Change vice president Tendai Biti has said rolling power blackouts have a negative impact on the pillars of the economy and Government should consider investing in renewable ene...Published: 13 Nov 2022 at 17:32hrs | 88 | by Staff reporter
RBZ allocates US$3 billion to businesses
THE Reserve Bank of Zimbabwe says US$3 billion has been allotted to businesses through the RBZ forex auction since its inception in 2020.In a statement yesterday, RBZ Governor, John Mangudya s...Published: 11 Nov 2022 at 05:15hrs | 244 | by Staff reporter
19 firms blacklisted for fuelling black market
NINETEEN contractors providing Government with goods and services have been blacklisted for channelling funds to the foreign exchange black market, Finance and Economic Development Minister Professor ...Published: 11 Nov 2022 at 05:02hrs | 348 | by Staff reporter
Zimbabwe starts disbursement of 4 500 small gold coins
THE Reserve Bank of Zimbabwe (RBZ) will tomorrow start disbursing 4 500 smaller units of Zimbabwe's Mosi-oa-Tunya gold coins to banks ahead of planned release of the bullion coins in the market on Tue...Published: 10 Nov 2022 at 04:54hrs | 407 | by Staff reporter
Rains expose Bulawayo council's shoddy job
SEVERAL roads in Bulawayo are riddled with potholes making them a death trap following the onset of the rainy season, a development that has exposed the city council for doing a shoddy job in terms of...Published: 10 Nov 2022 at 04:52hrs | 306 | by Staff reporter
NGO gives ZEC a 7 day ultimatum to release voters roll
POLL based Non-Governmental Organisation (NGO), Election Resource Centre (ERC), has given the Zimbabwe Electoral Commission (ZEC) a seven-day ultimatum to release an electronic copy of the delimitatio...Published: 09 Nov 2022 at 18:50hrs | 678 | by Staff reporter
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